Key Bridge Foundation
- Assets
- $39.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Irvine, CA
- Founding
- Data as of
- 12/2023
- EIN
- 87-2659829
Organization Overview
Key Bridge Foundation is located in Irvine, CA. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Key Bridge 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 12/2023, Key Bridge Foundation generated $120.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (17.0%) each year. All expenses for the organization totaled $159.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
KEY BRIDGE WOW RESEARCH SCHOLARSHIP PROGRAM PROVIDES FUNDING TO AWARDEES WITH OUTSTANDING ACADEMIC STANDINGS IN THEIR PHD TRAINING IN REPUTABLE US RESEARCH INSTITUTIONS SO THEY MAY DEVELOP THEIR WOW RESEARCH IDEAS. IN 2023, THERE WERE THREE INDIVIDUALS SELECTED TO RECEIVE THE AWARD. AWARDEES WILL PROVIDE WRITTEN PROGRESS REPORTS AND PUBLICATION OF AWARDEES WILL ACKNOWLEDGE FUNDING SUPPORT FROM THE KEY BRIDGE FOUNDATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fang-I Chen Director, Chair And Treasurer | 2 | $0 | |
Jim Lin Director At-Large | 1 | $0 | |
Cheryl Velarde Director At-Large | 1 | $0 | |
Oscar Au Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $120,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $120,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $286 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $159,376 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,289 |
| Other assets | $0 |
| Total assets | $39,289 |
| Total liabilities | $0 |
| Net assets or fund balances | $39,289 |