Social Bridge
- Assets
- $60.4k
- Revenue
- $380.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Glenwood Springs, CO
- Founding
- 04/2017
- Data as of
- 12/2021
- EIN
- 82-1024452
Organization Overview
Social Bridge is located in Glenwood Springs, CO. The organization was established in 2017. According to its NTEE Classification (C42) the organization is classified as: Garden Clubs, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Social Bridge 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 12/2021, Social Bridge generated $380.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 46.3% each year . All expenses for the organization totaled $399.2k during the year ending 12/2021. While expenses have increased by 27.0% per year over the past 4 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPOWER COMMUNITY THROUGH EDUCATION AND SUSTAINABLE PROJECTS TO PROVIDE ECONOMIC DEVELOPMENT WITHIN OUR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COVENTURE HAD 72 PARTICIPANTS IN PROGRAMMING SERVICES, HOSTED 21 ONLINE EVENTS WITH 690 ATTENDEES THAT INCLUDED LUNCH & LEARNS, NETWORKING, COLLABORATION AND COMMUNITY BUILDING. THERE ARE 69 FULL-TIME MEMBERS UTILIZING THE CO-WORKING SPACE AND AN ADDITIONAL 624 MEMBERS WHO RECEIVE COMMUNICATIONS FROM COVENTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Lowe Executive Dir. | Trustee | 40 | $22,500 |
Tyler Moebius President | OfficerTrustee | 4 | $0 |
Alan Rozansky Secretary | OfficerTrustee | 4 | $0 |
Alice Hackney Treasurer | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $105,283 |
| All other contributions, gifts, grants, and similar amounts not included above | $91,671 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $196,954 |
| Total Program Service Revenue | $183,123 |
| Investment income | $1 |
| 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 | $380,078 |
| 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. | $22,500 |
| Compensation of current officers, directors, key employees. | $3,375 |
| 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 | $65,352 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,087 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,292 |
| Office expenses | $11,019 |
| Information technology | $2,755 |
| Royalties | $0 |
| Occupancy | $205,904 |
| Travel | $8,356 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $17 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,060 |
| Insurance | $2,878 |
| All other expenses | $9,319 |
| Total functional expenses | $399,164 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,837 |
| 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 | $58,542 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1 |
| Total assets | $60,380 |
| Accounts payable and accrued expenses | $20,000 |
| 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 | $139,940 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $159,940 |
| Net assets without donor restrictions | $0 |
| 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 | -$99,560 |
| Total liabilities and net assets/fund balances | $60,380 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Social Bridge has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Aspen Community Foundation Basalt, CO PURPOSE: SUPPORT YOUTH PROGRAMS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Growing Gardens Boulder, CO | $2,355,987 | $1,597,543 |
Western Sugar Co Grower Research Committee Inc Scottsbluff, NE | $1,341,268 | $52,941 |
Social Bridge Glenwood Springs, CO | $60,380 | $380,078 |
The Green Urban Lunchbox South Salt Lake City, UT | $288,161 | $354,403 |
Cactus Club Denver, CO | $532,618 | $282,948 |
Urban Farming Education Phoenix, AZ | $36,842 | $254,929 |
Rowan Family Foundation Denver, CO | $1,840,617 | $1,570,133 |
Nebraska Arborists Association Milford, NE | $189,519 | $0 |
Valley Garden Center Phoenix, AZ | $129,109 | $137,236 |
Tucson Cactus And Succulent Society Inc Tucson, AZ | $356,065 | $268,638 |
Carlsbad Horticultural Society Carlsbad, NM | $154,577 | $0 |
Oklahoma Garden Clubs Chouteau, OK | $34,535 | $0 |