Indianapolis Bridge Center Inc
- Assets
- $88.2k
- Revenue
- $256.7k
- Investments
- $0.0
- Employees
- 12
- Location
- Indianapolis, IN
- Founding
- 03/2004
- Data as of
- 12/2022
- EIN
- 35-1698348
Organization Overview
Indianapolis Bridge Center Inc is located in Indianapolis, IN. The organization was established in 2004. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Indianapolis Bridge Center Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indianapolis Bridge Center Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Indianapolis Bridge Center Inc generated $256.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $236.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 4 years. 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
INDIANAPOLIS BRIDGE CENTER INC. PROMOTES AND OPERATES A CENTER WHERE DUPLICATE BRIDGE GAMES ARE CONDUCTED FOR THE BENEFIT OF THE MEMBERS PARTICIPATING. EDUCATION COMMUNITY AND PHILANTHROPHY ARE CORE VALUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE THE INDIANAPOLIS BRIDGE CENTER DAILY WHICH INCLUDES PROMOTING AND CONDUCTING BRIDGE GAMES FOR MEMBERS. CORE VALUES EMPHASIZED ARE EDUCATION AND COMMUNITY. MANY MEMBERS ARE RETIREES AND THE GAMES OFFER MENTAL AND SOCIAL BENEFITS. THIS YEAR THE CENTER RE-OPENED FOR IN PERSON PROGRAMMING. .
MEMBER EVENTS FOCUSING ON CHARITABLE CAUSES SUCH AS ALZHEIMER'S AND TOYS FOR TOTS WITH DONATIONS MADE TO THOSE ORGANIZATIONS. CORE VALUES EMPHASIZED ARE COMMUNITY AND PHILANTHROPY. ONE OF THE CHARITABLE CAUSES MEMBERS SUPPORTED WAS THE SURVIVAL OF THE BRIDGE CENTER DURING THE COVID MONTHS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Austin Manager | Officer | 20 | $23,860 |
John Nichols Operations | Officer | 20 | $19,880 |
Rita Lutz Asst Manager | Officer | 10 | $2,035 |
Matthew Cory Employee Board Member | OfficerTrustee | 5 | $10,205 |
Katherine Miller Board Member | Trustee | 5 | $0 |
Andi Marshall President | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $16,499 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $72,847 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,346 |
| Total Program Service Revenue | $167,267 |
| Investment income | $37 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $256,650 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $86,189 |
| 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 | $7,028 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,211 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,085 |
| Office expenses | $17,772 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $64,383 |
| 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 | $13,385 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,680 |
| All other expenses | $0 |
| Total functional expenses | $236,474 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,237 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $88,237 |
| 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 | $88,237 |
| Net assets with donor restrictions | $0 |
| 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 | $88,237 |