Homebridge Ventures Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
HOMEBRIDGE VENTURES (HOMEBRIDGE) SEEKS TO BREAK THE CYCLE OF RECIDIVISM THROUGH TRANSFORMATIVE RELATIONSHIPS,TRAUMA-RESPONSIVE JOB TRAINING AND PLACEMENT, AND A SUPPORTIVE COMMUNITY FOR JUSTICE-INVOLVED PEOPLE THAT LEADS TO THE OPPORTUNITY TO HEAL AND TO OBTAIN GAINFUL EMPLOYMENT.
- Income
- $348,870
- Spending
- $346,087
- Spent on programs
- 60%
- Reserves
- 3.9 months of spending
- Largest source of income
- donations and private grants, 84%
- Employees
- 4
- Volunteers
- 4
- Highest pay
- $35,320, executive director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 75 out of 100. Higher than 50% of charities in its peer group (human services, $250k to $1m).
Reserves
20 of 35Spendable reserves would cover 3.9 months of spending.
Debt
20 of 20It owes 5% of what it owns.
Living within its means
12 of 15Income exceeded spending by 1% of income.
Income trend
15 of 15Income rose 12% on the year before.
Spending floor
8 of 1560% of spending went to programs and raising each dollar of donations cost 15 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 71 out of 100. Higher than 48% of charities in its peer group (human services, $250k to $1m).
Independent board
25 of 255 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $51,194 spent. SECOND CHANCE RE-ENTRY SERVICES: THE GOAL OF THE PROGRAM IS FOR HOMEBRIDGE TO PROVIDE AN OUTSIDE RESOURCE FOR A SECOND-CHANCE EMPLOYER, AND TO WORK WITH EACH OF THE EMPLOYERS PREVIOUSLY ENCARCERATED EMPLOYEES BOTH INDIVIDUALLY AND AS A GROUP, AND TO PROVIDE THE WRAP-AROUND SERVICES THAT WILL MOVE EMPLOYEES FROM HANGING ON TO THRIVING. THE IMPACT ON THE BUSINESS AND EMPLOYEES IN 2024 WAS DRAMATIC. IN 2023, TWO EMPLOYEES PER MONTH WERE DROPPING OUT OF EMPLOYMENT. THE BUSINESS IMPACT WAS THE COST OF CONSTANTLY HIRING AND RETRAINING EMPLOYEES. THE IMPACT ON THE EMPLOYEES THAT LEFT WAS WORSE, AS MANY OFTEN RETURNED TO INCARCERATION WHEN THEY LOST THEIR SOURCE OF INCOME. OUR PROGRAM DROPPED THE TURNOVER TO TWO PER YEAR INSTEAD OF TWO PER MONTH. THE PROGRAM KEPT THESE EMPLOYEES OUT OF PRISON AND IN THEIR JOBS.
- $156,941 spent. HUB PROGRAMS - THE PROGRAM PROVIDES TRAUMA-INFORMED GROUP AND INDIVIDUAL COUNSELING TO MEN AND WOMEN RETURNING FROM INCARCERATION. ADDITIONALLY, IT PREPARES MEMBERS FOR EMPLOYMENT THROUGH WORKFORCE-DEVELOPMENT TRAINING, FINANCIAL LITERACY, AND SOFT-SKILLS SUPPORT. IN 2024, OVER 350 INDIVIDUALS ACCESSED HOMEBRIDGE SERVICES: 56 INDIVIDUALS EARNED EMPLOYMENT- RELATED CERTIFICATIONS; 36 RECEIVED EDUCATIONAL CERTIFICATIONS; 20 SECURED EMPLOYMENT. HOMEBRIDGE FACILITATES 15 WEEKLY GROUPS FOCUSED ON TRAUMA, RELATIONSHIPS, AND JOB READINESS, COVERING ESSENTIAL TOPICS LIKE MENS AND WOMENS EMPOWERMENT, RESILIENCE, GOAL SETTING, MUSIC, ART, WRITING, PRACTICE INTERVIEWS, WORKPLACE ETIQUETTE, AND FINANCIAL LITERACY.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2022.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.