Bridlemile Foundation
- Assets
- $142.7k
- Revenue
- $199.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 09/1994
- Data as of
- 12/2022
- EIN
- 93-1140644
Organization Overview
Bridlemile Foundation is located in Portland, OR. The organization was established in 1994. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridlemile 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 12/2022, Bridlemile Foundation generated $199.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $315.7k during the year ending 12/2022. While expenses have increased by 6.9% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FUND TEACHING POSITIONS AT A PUBLIC ELEMENTARY SCHOOL (BRIDLEMILE ELEMENTARY) LOCATED IN PORTLAND, OREGON.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION FUNDED FULL TIME EMPLOYEES AT BRIDLEMILE ELEMENTARY SCHOOL AND PROVIDED FUNDING FOR OTHER PUBLIC SCHOOLS IN THE PORTLAND PUBLIC SCHOOL DISTRICT THROUGH A GRANT TO THE FUND FOR PPS, A PORTLAND PUBLIC SCHOOLS FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Bowler President | OfficerTrustee | 2 | $0 |
Jean Cripps Secretary | OfficerTrustee | 2 | $0 |
Rachel Stein Treasurer | OfficerTrustee | 2 | $0 |
Josh King Vice President | OfficerTrustee | 2 | $0 |
Nathan Aman Director | Trustee | 1 | $0 |
Neissa Dokken Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $15,638 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $53,911 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,549 |
| Total Program Service Revenue | $0 |
| Investment income | $3,649 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $65,007 |
| Net Income from Fundraising Events | $59,179 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $199,359 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $313,038 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $635 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $618 |
| All other expenses | $0 |
| Total functional expenses | $315,706 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,628 |
| Savings and temporary cash investments | $29,788 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $67,241 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $142,657 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $104,601 |
| Net assets with donor restrictions | $38,056 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $142,657 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Bridlemile Foundation has recieved totaling $1,563.
| Awarding Organization | Amount |
|---|---|
Equitable Foundation Inc New York, NY PURPOSE: GENERAL SUPPORT | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $563 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Music Center Foundation Los Angeles, CA | $314,452,554 | $21,090,065 |
Norton Simon Art Foundation Pasadena, CA | $402,690,558 | $10,441,452 |
Icicle Fund Leavenworth, WA | $35,216,436 | $2,172,420 |
Reut Usa Woodland Hills, CA | $1,442,535 | $3,682,077 |
Laurie C Mcgrath Foundation San Diego, CA | $66,075,096 | $62,426,346 |
Mobile Giving Foundation Inc Bellevue, WA | $1,290,105 | $2,127,600 |
Armenian Educational Foundation Inc Glendale, CA | $5,680,253 | $2,130,869 |
William And Joanne Miller Charitable Trust Simi Valley, CA | $69,537,632 | $4,537,991 |
Latino Public Broadcasting Los Angeles, CA | $1,965,169 | $2,106,064 |
Hack The Hood Inc Oakland, CA | $1,558,755 | $1,730,354 |
Womans Club Of Hollywood Los Angeles, CA | $248,203 | $0 |
Khaki Foundation Kirkland, WA | $13,170,467 | $2,724,072 |