Bridgehead Foundation
- Assets
- $22.9m
- Revenue
- $790.0k
- Investments
- $20.5m
- Employees
- 0
- Location
- Kenmore, WA
- Founding
- 02/1996
- Data as of
- 12/2020
- EIN
- 91-1441805
Organization Overview
Bridgehead Foundation is located in Kenmore, WA. The organization was established in 1996. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridgehead Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Bridgehead Foundation generated $790.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 24.8% each year . All expenses for the organization totaled $690.6k during the year ending 12/2020. While expenses have increased by 19.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Bridgehead Foundation has awarded 26 individual grants totaling $1,840,245. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
CURRICULUM PROGRAM: THE FOUNDATION PROVIDES CURRICULUM AND EDUCATIONAL MATERIALS FOR LEADERSHIP DEVELOPMENT IN ORGANIZATIONS. OUR FOCUS IS TO CONVENE SMALL GROUPS FOR PERSONAL DEVELOPMENT, AND CREATE AND PRODUCE PRINTED MATERIALS, ALONG WITH AUDIO AND VIDEO CONTENT THAT SUPPORT THE EDUCATIONAL MISSION OF OUR PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Simon Mould Executive Director & Secretary | 50 | $90,000 | |
Peter Cline President | 5 | $0 | |
Bob Rankin Treasurer | 2 | $0 | |
Rand Unger Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $558,799 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $74,885 |
| Capital Gain Net Income | $257,408 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $156,344 |
| Total Revenue | $790,028 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $45,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $3,821 |
| Interest | $0 |
| Taxes | $7,476 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $709 |
| Printing and publications | $0 |
| Other expenses | $63,579 |
| Total operating and administrative expenses | $199,555 |
| Contributions, gifts, grants paid | $491,000 |
| Total expenses and disbursements | $690,555 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $411,168 |
| Savings and temporary cash investments | $2,004,509 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $7,747,772 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $6,516 |
| Total assets | $22,886,969 |
| Accounts payable and accrued expenses | $8,797 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,797 |
Grants Awarded
Over the last fiscal year, Bridgehead Foundation has awarded $350,745 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL CHRISTIAN FOUNDATION PURPOSE: OUTREACH MINISTRIES | $254,245 |
MEDICAL TEAMS INTERNATIONAL PURPOSE: DISASTER RELIEF | $75,000 |
GO STRATEGIC PURPOSE: EDUCATION PROGRAM | $15,000 |
SAGAMORE INSTITUTE PURPOSE: EDUCATION PROGRAM | $6,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Crista Ministries Shoreline, WA | $133,575,378 | $73,059,150 |
Northwest Harvest E M M Seattle, WA | $90,036,518 | $96,557,942 |
Josephine Caring Community Stanwood, WA | $33,167,845 | $28,609,215 |
Union Gospel Mission Of Yakima Wash Yakima, WA | $12,139,044 | $14,954,134 |
Lynden Christian School Lynden, WA | $25,367,637 | $13,182,296 |
Luis Palau Association Portland, OR | $14,968,196 | $16,675,451 |
Village Missions Dallas, OR | $5,481,807 | $8,833,787 |
Community Development Inc Garden City, ID | $42,153,213 | $14,412,416 |
Alaska Christian College Soldotna, AK | $12,266,516 | $4,929,517 |
Black Diamond Camps Auburn, WA | $11,118,087 | $4,787,824 |
Serving Usa Inc Camas, WA | $2,399,183 | $3,743,258 |
Cannon Beach Conference Center Cannon Beach, OR | $14,722,335 | $5,412,142 |