Civic Intelligence

Bragg Jam Inc.

990 • Fiscal year 2018 • EIN 11-3749741

Jan 01, 2018 to Dec 31, 2018 • Filed on Jul 15, 2019

PO Box 6161Macon, GA 31208

(478) 972-8013

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

68th percentile

0.02x

Higher debt load relative to assets than 68% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

68th percentile

0.02x

Higher debt load relative to revenue than 68% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

60th percentile

8.1%

Higher net margin than 60% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

60th percentile

7.4%

Faster asset growth than 60% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

44th percentile

-2.2%

Faster revenue growth than 44% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$172,150

Up $11,865 (+7.4%) from 2017

Net Assets

Up

$167,976

Up $13,938 (+9.0%) from 2017

Liabilities

Down

$4,174

Down $2,073 (-33%) from 2017

Revenue

Down

$259,001

Down $5,744 (-2.2%) from 2017

Expenses

Up

$237,998

Up $13,142 (+5.8%) from 2017

Net Income

Down

$21,003

Down $18,886 (-47%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$150K$100K$50K$0Assets 2010: $6,627Net Assets 2010: $6,6272010Assets 2011: $8,145Liabilities 2011: $02011Assets 2012: $32,666Net Assets 2012: $32,6662012Assets 2013: $30,849Liabilities 2013: $20,000Net Assets 2013: $10,8492013Assets 2014: $120,940Liabilities 2014: $10,000Net Assets 2014: $110,9402014Assets 2015: $104,879Liabilities 2015: $0Net Assets 2015: $104,8792015Assets 2016: $109,663Liabilities 2016: $0Net Assets 2016: $109,6632016Assets 2017: $160,285Liabilities 2017: $6,247Net Assets 2017: $154,0382017Assets 2018: $172,150Liabilities 2018: $4,174Net Assets 2018: $167,9762018Assets 2019: $196,941Liabilities 2019: $671Net Assets 2019: $196,2702019Assets 2020: $137,515Liabilities 2020: $92Net Assets 2020: $137,4232020Assets 2021: $150,868Liabilities 2021: $1,789Net Assets 2021: $149,0792021Assets 2022: $184,254Liabilities 2022: $0Net Assets 2022: $184,2542022Assets 2023: $195,421Liabilities 2023: $141Net Assets 2023: $195,2802023Assets 2024: $192,515Liabilities 2024: $205Net Assets 2024: $192,3102024

Highlighted filing

2018

Assets$172,150
Liabilities$4,174
Net Assets$167,976

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2010: $25,426Expenses 2010: $34,457Net Income 2010: -$9,0312010Revenue 2011: -$27,480Expenses 2011: $17,964Net Income 2011: -$45,4442011Revenue 2012: $27,990Expenses 2012: $3,469Net Income 2012: $24,5212012Revenue 2013: $27,724Expenses 2013: $49,541Net Income 2013: -$21,8172013Revenue 2014: $114,935Expenses 2014: $14,844Net Income 2014: $100,0912014Revenue 2015: $12,339Expenses 2015: $14,822Net Income 2015: -$2,4832015Revenue 2016: $21,412Expenses 2016: $18,432Net Income 2016: $2,9802016Revenue 2017: $264,745Expenses 2017: $224,856Net Income 2017: $39,8892017Revenue 2018: $259,001Expenses 2018: $237,998Net Income 2018: $21,0032018Revenue 2019: $256,374Expenses 2019: $234,393Net Income 2019: $21,9812019Revenue 2020: $5,051Expenses 2020: $66,846Net Income 2020: -$61,7952020Revenue 2021: $24,674Expenses 2021: $22,523Net Income 2021: $2,1512021Revenue 2022: $140,413Expenses 2022: $92,407Net Income 2022: $48,0062022Revenue 2023: $124,892Expenses 2023: $120,456Net Income 2023: $4,4362023Revenue 2024: $108,775Expenses 2024: $115,864Net Income 2024: -$7,0892024

Highlighted filing

2018

Revenue$259,001
Expenses$237,998
Net Income$21,003
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 15, 2019
Return Version
2018v3.1
Gross Receipts
$270,754
Mission and Program Overview

Mission

The organization's purpose is to bring macon residents together to celebrate musical and art heritage.

The organization's purpose is to bring macon residents together to celebrate and learn about musical and art heritage.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,648$97,909▲ $95,261
Investments Other Securities$45,776$47,493▲ $1,717
Cash and Non-Interest-Bearing Accounts$111,466$21,287▼ $90,179
Accounts Receivable-$5,000-
Prepaid Expenses and Deferred Charges$395$461▲ $66
Total Assets$160,285$172,150▲ $11,865
Liabilities
Accounts Payable and Accrued Expenses$6,247$4,174▼ $2,073
Total Liabilities$6,247$4,174▼ $2,073
Net Assets / Fund Balance
Unrestricted Net Assets$129,038$130,906▲ $1,868
Temporarily Rstr Net Assets$25,000$37,070▲ $12,070
Total Net Assets Fund Balance$154,038$167,976▲ $13,938
Total Liabilities and Net Assets / Fund Balance$160,285$172,150▲ $11,865

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$47,493--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Everett VernerPresident
Alex MorrisonDirector
Andy MooreDirector
Brandon BishDirector
Chandler PriceDirector
Erin KellerDirector
Holly DugasDirector
Jr OliveDirector
Kaitlynn KressinDirector
Lauren LinDirector
Leila Regan-porterDirector
Mark MisincoDirector
Meg DonahueDirector
Stephanie HowardDirector
Chris BrysonSecretary
Scott CorkeryTreasurer
Koryn YoungVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$118,250
Program Service Revenue
$144,250
Investment Income
$3,197
Other Revenue
$-6,696
All Other Contributions
$118,250
Change in Net Assets
$21,003
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$234,831
Grants and Similar Amounts Paid$3,167
Total Fundraising Expense$1,293
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$47,646$1,940$1,293$50,879
Advertising$14,081$3,061-$17,142
Occupancy$6,855$1,200-$8,055
Office Expenses$5,973$1,922-$7,895
Insurance$5,681$724-$6,405
Other Expenses$5,780--$5,780
Travel$3,924$719-$4,643
Fees for Services Accounting-$2,550-$2,550
Grants to Domestic Individuals$2,167--$2,167
All Other Expenses$1,227--$1,227
Grants to Domestic Orgs$1,000--$1,000
Fees for Service Investment Mgmnt Fees-$754-$754
Information Technology-$700-$700
Conferences and Meetings-$694-$694
Total Functional Expenses$222,441$14,264$1,293$237,998
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Mauldin & jenkins mauldin & jenkins employees, not equity partners

Form 990, Page 6, Part VI, Line 4

During 2018, the organization adopted policies for document retention/destruction and whistleblower procedures. The organization changed its fiscal policy regarding the frequency of grant disbursements to other organizations. Previously it was the organization's policy to disburse grants annually. The policy was revised to state that the organization would retain at least 30% of proceeds for administration and to fund future events.

Form 990, Page 6, Part VI, Line 11B

The organization's president and treasurer review the form 990 before it is distributed to the board of directors. The board reviews and approves the form 990 before it is filed.

Form 990, Page 6, Part VI, Line 12C

Board members complete and submit a questionnaire to disclose conflicts of interest for board discussion annually.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents available to the public upon written request. Also, the organization's form 990 is available on the guidestar website at www.guidestar.org.

Filing and Contact Details

Filer

Filer Name
Bragg Jam Inc
EIN
11-3749741
Phone
4789728013
Address
PO BOX 6161, MACON, GA 31208

Signing Officer

Name
Leila Regan-porter
Title
Director
Signed
2019-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Leila Regan-porter
Formed
2007
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
78

Preparer

Firm
Howard Moore & Mcduffie Pc
Address
PO BOX 4547, MACON, GA 31208
Preparer
April Hornsby
Phone
4787425317
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Audio-visual professionals 28,236 0 0 security 9,712 0 0 admin contract labor 9,698 1,940 1,293 total 47,646 1,940 1,293

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpensesGrp/Desc2FOOD AND BEVERAGE CONCERT
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MAULDIN & JENKINS MAULDIN & JENKINS EMPLOYEES, NOT EQUITY PARTNERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DURING 2018, THE ORGANIZATION ADOPTED POLICIES FOR DOCUMENT RETENTION/DESTRUCTION AND WHISTLEBLOWER PROCEDURES. THE ORGANIZATION CHANGED ITS FISCAL POLICY REGARDING THE FREQUENCY OF GRANT DISBURSEMENTS TO OTHER ORGANIZATIONS. PREVIOUSLY IT WAS THE ORGANIZATION'S POLICY TO DISBURSE GRANTS ANNUALLY. THE POLICY WAS REVISED TO STATE THAT THE ORGANIZATION WOULD RETAIN AT LEAST 30% OF PROCEEDS FOR ADMINISTRATION AND TO FUND FUTURE EVENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S PRESIDENT AND TREASURER REVIEW THE FORM 990 BEFORE IT IS DISTRIBUTED TO THE BOARD OF DIRECTORS. THE BOARD REVIEWS AND APPROVES THE FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD MEMBERS COMPLETE AND SUBMIT A QUESTIONNAIRE TO DISCLOSE CONFLICTS OF INTEREST FOR BOARD DISCUSSION ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. ALSO, THE ORGANIZATION'S FORM 990 IS AVAILABLE ON THE GUIDESTAR WEBSITE AT WWW.GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AUDIO-VISUAL PROFESSIONALS 28,236 0 0 SECURITY 9,712 0 0 ADMIN CONTRACT LABOR 9,698 1,940 1,293 TOTAL 47,646 1,940 1,293
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 4
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.93$0.00$1.92$1.09$1.16$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.95$0.00$1.95$1.25$1.20$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.84$0.00$1.84$1.40$0.92$0.48
2021Detailed filing. Detailed filing data is available for this year.$1.51$0.02$1.49$0.25$0.23$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.38$0.00$1.37$0.05$0.67$0.62
2019Detailed filing. Detailed filing data is available for this year.$1.97$0.01$1.96$2.56$2.34$0.22
2018Detailed filing. Detailed filing data is available for this year.$1.72$0.04$1.68$2.59$2.38$0.21
2017Detailed filing. Detailed filing data is available for this year.$1.60$0.06$1.54$2.65$2.25$0.40
2016Detailed filing. Detailed filing data is available for this year.$1.10$0.00$1.10$0.21$0.18$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.12$0.15$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.21$0.10$1.11$1.15$0.15$1.00
2013Detailed filing. Detailed filing data is available for this year.$0.31$0.20$0.11$0.28$0.50$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.33$0.28$0.03$0.25
2011Summary only. Only limited summary data is available for this year.$0.08$0.00$0.27$0.18$0.45
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.07$0.25$0.34$0.09