2024-04-03T08:53:10-05:00 2023-08-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2022-09-01 542031102 BRIDGES TO PROSPERITY INC BRID 7204601046 1031 33RD STREET DENVER CO 80205 NIVI SHARMA CEO 7204601046 2024-04-03 1 NIVI SHARMA 999009999 0 RICHARD J LOCASTRO CPA P00288314 3019519090 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z NIVI SHARMA 1031 33RD STREET DENVER CO 80205 10387844 0 X WWW.BRIDGESTOPROSPERITY.ORG X 2001 VA SEE PART III, LINE 1. 10 10 15 241 0 0 15313894 10289694 0 2930 36132 123449 -24318 -36622 15325708 10379451 2969354 450000 0 0 2827455 3921310 0 0 622448 5003574 6700774 10800383 11072084 4525325 -692633 7629497 8277639 558042 1898817 7071455 6378822 X APPROXIMATELY A BILLION PEOPLE IN RURAL COMMUNITIES WORLDWIDE LACK BASIC TRANSPORTATION ACCESS TO REACH CRITICAL SERVICES SUCH AS MARKETS, EMPLOYMENT OPPORTUNITIES, HEALTHCARE, AND EDUCATION. B2P WORKS WITH GOVERNMENTS TO BUILD TRAIL (CONTINUED ON SCHEDULE O) BRIDGES TO CREATE YEAR-ROUND SAFE ACCESS, AND LONG-TERM, SCALABLE PLANS FOR RURAL ACCESS DEVELOPMENT. 0 0 10113965 450000 2930 2023 SIGNALED ANOTHER SIGNIFICANT LEAP IN B2P'S STRATEGIC GROWTH, WITH LANDMARK PROGRESS IN EVIDENCE THROUGH THE SECOND ROUND RESULTS FROM THE RWANDA FULL-SCALE RANDOMIZED CONTROLLED TRIAL; THE FIRST COMPLETED BRIDGES OF TRAIL ETHIOPIA AND THE TECHNICAL ASSISTANCE AND ADVOCACY TOOLS THAT WILL GROW FROM THAT PROGRAM; AND CONTINUED EXPLORATORY PROGRAMS THROUGHOUT EAST AND CENTRAL AFRICA. ADDITIONALLY, B2P WORKED WITH GOVERNMENT PARTNERS IN RWANDA AND UGANDA TO BUILD A RECORD-BREAKING 76 NEW TRAIL BRIDGES THAT CREATED NEW SAFE ACCESS FOR 246,000 PEOPLE. 10113965 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 8 0 1 15 1 0 1 RW UG LI 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CO VA X X NIVI SHARMA 7204601046 1031 33RD STREET DENVER CO 80205 JAN TUCHMAN BOARD CHAIR (THROUGH 03/23) 2.00 X X 0 0 0 JONATHAN NASH BOARD CHAIR 2.00 X X 0 0 0 ANNE MARIA MAKHULO VICE CHAIR 2.00 X X 0 0 0 CAROLE BIONDA BOARD SECRETARY 2.00 X X 0 0 0 SUE DORSEY BOARD TREASURER 2.00 X X 0 0 0 KEN FRANTZ BOARD MEMBER 2.00 X 0 0 0 SRIDHAR PRASAD BOARD MEMBER 2.00 X 0 0 0 BEN BRAHINSKY BOARD MEMBER 2.00 X 0 0 0 JOHN DALE BOARD MEMBER 2.00 X 0 0 0 ERIC MWANGI BOARD MEMBER 2.00 X 0 0 0 IBRAHEEM SANUSI BOARD MEMBER 2.00 X 0 0 0 NIVI SHARMA CEO 40.00 X 143750 0 4856 ANN CANNELLA CFO 40.00 X 130827 0 16910 CHRISTINA BARSTOW CHIEF OF STRATEGY (THROUGH 02/23) 40.00 X 121125 0 2523 ABBIE NORIEGA VP OF EVAL. THEN CIO (EFF. 11/22) 40.00 X 104394 0 18240 500096 0 42529 4 0 0 0 0 2078634 8211060 1100962 10289694 ENGINEERING SERVICES 900099 2930 2930 2930 86244 86244 45598 8393 37205 37205 37205 FOREIGN EXCHANGE LOSS 900099 -36622 -36622 -36622 10379451 2930 0 86827 450000 450000 525672 422896 65901 36875 2960107 2410611 140289 409207 12474 9864 139 2471 186099 150393 8009 27697 236958 192543 13785 30630 7563 6821 594 148 97941 88329 7694 1918 809445 730003 63591 15851 46812 15185 233 31394 345517 316036 16442 13039 68312 63180 5132 921386 841880 34597 44909 38228 34195 1755 2278 53264 53264 104124 103278 846 51326 37614 13712 BRIDGE BUILDING SUPP. 4048289 4048114 20 155 OTHER EMPLOYEE COSTS 117003 103445 8688 4870 EQUIPMENT & MAINTENANCE 69546 69546 DUES, SUBS. & MBR 5176 4399 556 221 -83158 15633 -99576 785 11072084 10113965 335671 622448 91036 143700 5122063 5675889 2034641 2007749 1109 8916 156169 180122 495767 234504 224479 261263 7629497 8277639 457110 448817 350000 100932 1100000 558042 1898817 X 1624561 1808699 5446894 4570123 7071455 6378822 7629497 8277639 -692633 0 X 0 1 X 1 0 X 5362967 5995068 5370643 15313894 10289694 42332266 5362967 5995068 5370643 15313894 10289694 42332266 11807656 30524610 14785 6110 4588 6896 86244 118623 6753 -2439 6349 -24318 -36622 -50277 42400612 2930 0.71990 0.74260 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2018 AMOUNT: $ 6,753. 2019 AMOUNT: $ -2,439. 2020 AMOUNT: $ 6,349. FOREIGN EXCHANGE LOSS - 2021 AMOUNT: $ -24,318. 2022 AMOUNT: $ -36,622. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30255 28121 2134 465512 206383 259129 261263 X 10379451 0 10379451 0 10379451 11072084 0 11072084 0 11072084 PART X, LINE 2: FOR THE YEARS ENDED AUGUST 31, 2023 AND 2022, BRIDGES TO PROSPERITY HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. SUB-SAHARAN AFRICA 2 85 PROGRAM SERVICES TRAILBRIDGE CONSTRUCTION 6012525 2 85 0 0 2 85 6012525 0 6012525 0 0 0 0 0 0 PART III ACCOUNTING METHOD: 1 ENGINEERS IN ACTION 6910 E 14TH ST TULSA OK 74112 261746131 501(C)(3) 100000 0 BRIDGE CONSTRUCTION GRANT UNIVERSITY OF COLORADO 4001 DISCOVERY DRIVE BOULDER CO 80303 846000555 GOVERNMENT 350000 0 RESEARCH GRANT 2 0 PART I, LINE 2: B2P HOLDS REGULAR MEETINGS BETWEEN PROGRAM STAFF AT B2P AND THE GRANTEE (WEEKLY AT A MINIMUM) TO DISCUSS THE PROJECT/BUDGET PROGRESS AND STATUS. X BRIDGE MATERIALS 79 788262 FMV X SOFTWARE 11 312700 FMV 0 0 1 0 PART I, COLUMN (B): THIS COLUMN REPORTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 6: ON MAY 31, 2023, THE ORGANIZATION FILED AND RECEIVED APPROVAL FROM THE STATE OF VIRGINIA TO RESTATE THE ARTICLES OF INCORPORATION TO REMOVE MEMBERS FROM ITS STRUCTURE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND REVIEWED AND APPROVED BY THE AUDIT COMMITTEE. A COPY IS DISTRIBUTED TO THE ENTIRE BOARD FOR REVIEW PRIOR TO FILING. THE RETURN IS THEN SIGNED BY THE CEO AND FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND STAFF WITH SIGNIFICANT DECISION-MAKING AUTHORITY SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT. IN THE EVENT FACTS CHANGE THAT MAY GIVE RISE TO A POTENTIAL CONFLICT OF INTEREST, THE INDIVIDUAL AGREES TO NOTIFY THE ORGANIZATION IN WRITING. WHERE A POTENTIAL CONFLICT OF INTEREST EXISTS BETWEEN THE INTERESTS OF B2P AND AN INTERESTED PARTY WITH RESPECT TO A SPECIFIC PROPOSED ACTION, POLICY OR TRANSACTION, AN AUDIT COMMITTEE CONSISTING OF SOME MEMBERS OF THE BOARD OF DIRECTORS, MAKES A DETERMINATION OF WHETHER AN ACTUAL CONFLICT OF INTEREST EXISTS. THE BOARD OF DIRECTORS SHALL THEN CONSIDER THE MATTER, FOLLOWING THE DETERMINATION OF THE AUDIT COMMITTEE, DURING A MEETING OF THE BOARD. AN INTERESTED PARTY WHO HAS A POTENTIAL CONFLICT OF INTEREST WITH RESPECT TO A PROPOSED ACTION, POLICY OR TRANSACTION OF THE CORPORATION SHALL NOT PARTICIPATE IN ANY WAY IN, OR BE PRESENT DURING, THE DELIBERATIONS AND DECISION-MAKING VOTE OF B2P WITH RESPECT TO SUCH ACTION, POLICY OR TRANSACTION. HOWEVER, THE INTERESTED PARTY SHALL HAVE AN OPPORTUNITY TO PROVIDE FACTUAL INFORMATION ABOUT THE PROPOSED CONFLICT AND/OR ACTION, POLICY OR TRANSACTION. ALSO, THE BOARD MAY REQUEST THAT THE INTERESTED PARTY BE AVAILABLE TO ANSWER QUESTIONS. THE DISINTERESTED MEMBERS OF THE BOARD OF DIRECTORS MAY APPROVE THE PROPOSED ACTION, POLICY OR TRANSACTION UPON FINDING THAT IT IS IN THE BEST INTERESTS OF B2P. THE BOARD SHALL CONSIDER WHETHER THE TERMS OF THE PROPOSED ACTION, TRANSACTION OR POLICY ARE FAIR AND REASONABLE TO B2P AND WHETHER IT WOULD BE POSSIBLE, WITH REASONABLE EFFORT, TO FIND A MORE ADVANTAGEOUS ARRANGEMENT WITH A PARTY OR ENTITY THAT IS NOT AN INTERESTED PARTY. FORM 990, PART VI, SECTION B, LINE 15A THE CEO'S COMPENSATION IS DISCUSSED AND APPROVED BY THE BOARD. THE COMPENSATION AMOUNT IS BASED ON EXPECTED COMPANY PERFORMANCE AND IS COMPARED TO VARIOUS NON-PROFIT SALARY GUIDES FOR REASONABLENESS. THE LAST COMPENSATION REVIEW TOOK PLACE IN FEBRUARY 2022. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REASONABLE REQUEST.