Civic Intelligence

Willow Bridge Charities Inc

990 • Fiscal year 2020 • EIN 26-0191366

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 26, 2021

2000 Mckinney Ave Ste 1000Dallas, TX 75201

(214) 740-3300

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

76th percentile

23%

Higher net margin than 76% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

40th percentile

2.4%

Faster asset growth than 40% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

19th percentile

-25%

Faster revenue growth than 19% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$2,544,440

Up $59,863 (+2.4%) from 2019

Net Assets

Up

$2,544,440

Up $59,863 (+2.4%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$260,100

Down $86,320 (-25%) from 2019

Expenses

Up

$200,237

Up $23,499 (+13%) from 2019

Net Income

Down

$59,863

Down $109,819 (-65%) from 2019

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2013: $1,421,889Liabilities 2013: $0Net Assets 2013: $1,421,8892013Assets 2014: $1,687,119Liabilities 2014: $34Net Assets 2014: $1,687,0852014Assets 2015: $1,864,136Liabilities 2015: $482Net Assets 2015: $1,863,6542015Assets 2016: $2,003,575Liabilities 2016: $14,381Net Assets 2016: $1,989,1942016Assets 2017: $2,058,928Liabilities 2017: $0Net Assets 2017: $2,058,9282017Assets 2018: $2,314,925Liabilities 2018: $30Net Assets 2018: $2,314,8952018Assets 2019: $2,484,577Liabilities 2019: $0Net Assets 2019: $2,484,5772019Assets 2020: $2,544,440Liabilities 2020: $0Net Assets 2020: $2,544,4402020Assets 2021: $2,563,846Liabilities 2021: $0Net Assets 2021: $2,563,8462021Assets 2022: $1,893,826Liabilities 2022: $3,225Net Assets 2022: $1,890,6012022Assets 2023: $1,837,984Liabilities 2023: $4,765Net Assets 2023: $1,833,2192023Assets 2024: $2,022,391Liabilities 2024: $23,100Net Assets 2024: $1,999,2912024

Highlighted filing

2020

Assets$2,544,440
Liabilities$0
Net Assets$2,544,440

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MRevenue 2013: $372,076Expenses 2013: $158,906Net Income 2013: $213,1702013Revenue 2014: $367,469Expenses 2014: $102,273Net Income 2014: $265,1962014Revenue 2015: $354,453Expenses 2015: $177,884Net Income 2015: $176,5692015Revenue 2016: $403,783Expenses 2016: $278,243Net Income 2016: $125,5402016Revenue 2017: $365,207Expenses 2017: $295,473Net Income 2017: $69,7342017Revenue 2018: $365,812Expenses 2018: $109,845Net Income 2018: $255,9672018Revenue 2019: $346,420Expenses 2019: $176,738Net Income 2019: $169,6822019Revenue 2020: $260,100Expenses 2020: $200,237Net Income 2020: $59,8632020Revenue 2021: $234,050Expenses 2021: $214,644Net Income 2021: $19,4062021Revenue 2022: $214,947Expenses 2022: $888,192Net Income 2022: -$673,2452022Revenue 2023: $231,084Expenses 2023: $288,466Net Income 2023: -$57,3822023Revenue 2024: $265,922Expenses 2024: $99,852Net Income 2024: $166,0702024

Highlighted filing

2020

Revenue$260,100
Expenses$200,237
Net Income$59,863
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 26, 2021
Return Version
2020v4.1
Gross Receipts
$260,100
Mission and Program Overview

Mission

Disaster relief & emergency hardship assistance provided to employees and family members of lincoln property company and its affiliates.

Hardship assistance provided to employees and family members of lpc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,484,577$2,544,440▲ $59,863
Investments Other Securities$2,231,165$2,241,980▲ $10,815
Cash and Non-Interest-Bearing Accounts$253,412$302,378▲ $48,966
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,484,577$2,544,440▲ $59,863
Other Assets Total$0$82▲ $82
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,484,577$2,544,440▲ $59,863
Total Liabilities and Net Assets / Fund Balance$2,484,577$2,544,440▲ $59,863

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$2,241,980--
Compensation and Service Providers

Board Members and Trustees

NameTitle
J Timothy ByrneDirector, President
Brian ByrneDirector
Chuck ShallatDirector
Duncan SlidellDirector
Jarl BlissDirector
Jeff CourtwrightDirector
Mark KirchmeyerDirector
Reg DelponteDirector
Kim MccormickVP Secretary
Dennis StreitVP Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$211,500
Program Service Revenue
$0
Investment Income
$10,816
Other Revenue
$37,784
All Other Contributions
$211,500
Change in Net Assets
$59,863
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$176,946
Other Expenses$23,291
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$176,946--$176,946
Advertising$7,578--$7,578
Other Expenses$1,034--$1,034
Travel$913--$913
Conferences and Meetings$436--$436
All Other Expenses$433--$433
Total Functional Expenses$200,237$0$0$200,237
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$37,784
Fundraising Direct Expenses$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Vendor Donations - All Regions$15,717$15,717-$15,717
Annual Contribution - Headquarters$7,500$7,500-$7,500
Total Events$37,784$37,784-$37,784
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 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
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, Part VI, Section A, Line 2

All officers and directors have a business relationship with each other as partners, employees, etc and have a close connection to lincoln property company and its affiliates. Related party information among officers: j. Timothy byrne and brian byrne are brothers.

Form 990, Part VI, Section B, Line 11B

Organization's process to review form 990 form 990 is reviewed by the vp treasurer with the tax return preparer.

Form 990, Part VI, Section B, Line 12C

Reviewed at regular meetings when grants are discussed.

Form 990, Part VI, Section C, Line 19

Upon request lincoln charities will review any request to provide its governing documents, conflict of interest policy and financial statements.

Filing and Contact Details

Filer

Filer Name
Lincoln Charities Inc
EIN
26-0191366
Phone
2147403300
Address
2000 MCKINNEY AVE STE 1000, DALLAS, TX 75201

Signing Officer

Name
Dennis Streit
Title
VP Treasurer
Phone
2147403300
Signed
2021-10-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dennis Streit
Formed
2007
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
280

Preparer

Firm
Rhame & Perna Pllc
Address
14180 DALLAS PKWY, DALLAS, TX 75254
Preparer
William V Rhame
Phone
9728515900
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IRS990ScheduleD/TotalBookValueSecuritiesAmt02241980
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0VENDOR DONATIONS - ALL REGIONS
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0ANNUAL CONTRIBUTION - HEADQUARTERS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt015717
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt07500
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt014567
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt037784
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt015717
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt07500
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt014567
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt037784
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt037784
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt016
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt029269
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt137100
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt231744
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt313056
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt416174
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt510664
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt617762
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt721177
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0DIRECT CASH ASSISTANCE PROVIDED FOR MEDICAL EXPENSES,UTILITIES, RENT AND/OR MORTGAGE PAYMENTS WHICH WERE CAUSED BY MEDICAL ISSUES OF INDIVIDUAL OR FAMILY MEMBER.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1DIRECT CASH ASSISTANCE PROVIDED FOR MEDICAL EXPENSES RELATED TO TERMINAL ILLNESS OR CANCER AND OTHER HOUSEHOLD EXPENSES DURING TREATMENT FOR INDIVIDUAL OR FAMILY MEMBER.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2DIRECT CASH ASSISTANCE PROVIDED FOR DISASTER RELATED HOME REPAIRS FOR INDIVIDUAL.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3DIRECT CASH ASSISTANCE PROVIDED FOR HOME HEALTH CARE AND FUNDERAL EXPENSES FOR FAMILY MEMBER.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt4DIRECT CASH ASSISTANCE PROVIDED TO HELP WITH TRAVEL COSTS AND MEDICAL EXPENSES FOR INDIVIDUAL OR FAMILY MEMBER.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt5DIRECT CASH ASSISTANCE PROVIDED FOR MEDICAL EXPENSES TO HELP WITH MEDICAL CONDITIONS OF INDIVIDUAL OR FAMILY MEMBER.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt6DIRECT CASH ASSISTANCE PROVIDED FOR FUNERAL EXPENSES OF FAMILY MEMBERS.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt7DIRECT CASH ASSISTANCE PROVIDED TO HELP WITH EXPENSES TO SUPPORT EMPLOYEE AND FAMILY DURING TIMES OF ECONOMIC HARDSHIP.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt012
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt13
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt21
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt31
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt41
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt53
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt65
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt74
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS: REQUESTS ARE FORMALLY MADE AND IN MOST INSTANCES, THE AMOUNT HAS ALREADY BEEN SPENT BY THE INDIVIDUAL AND THE AWARD IS IN EFFECT A REIMBURSEMENT. AFTER THE AWARD IS PROVIDED, THERE ARE NO PROCEDURES IN PLACE TO MONITOR ACTUAL USE OF FUNDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL OFFICERS AND DIRECTORS HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER AS PARTNERS, EMPLOYEES, ETC AND HAVE A CLOSE CONNECTION TO LINCOLN PROPERTY COMPANY AND ITS AFFILIATES. RELATED PARTY INFORMATION AMONG OFFICERS: J. TIMOTHY BYRNE AND BRIAN BYRNE ARE BROTHERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION'S PROCESS TO REVIEW FORM 990 FORM 990 IS REVIEWED BY THE VP TREASURER WITH THE TAX RETURN PREPARER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEWED AT REGULAR MEETINGS WHEN GRANTS ARE DISCUSSED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST LINCOLN CHARITIES WILL REVIEW ANY REQUEST TO PROVIDE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TX
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02484577
IRS990/TotalAssetsEOYAmt02544440
IRS990/TotalAssetsGrp/BOYAmt02484577
IRS990/TotalAssetsGrp/EOYAmt02544440
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0211500
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0200237
IRS990/TotalFunctionalExpensesGrp/TotalAmt0200237
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02484577
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02544440
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0200237
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt048600
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0260100
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0280
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02484577
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02544440
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0913
IRS990/TravelGrp/TotalAmt0913
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02000 MCKINNEY AVE STE 1000
IRS990/USAddress/CityNm0DALLAS
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd075201
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.LINCOLNCHARITIES.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DENNIS STREIT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VP TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02147403300
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LINCOLN CHARITIES INC
ReturnHeader/Filer/BusinessNameControlTxt0LINC
ReturnHeader/Filer/EIN0260191366
ReturnHeader/Filer/PhoneNum02147403300
ReturnHeader/Filer/USAddress/AddressLine1Txt02000 MCKINNEY AVE STE 1000
ReturnHeader/Filer/USAddress/CityNm0DALLAS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075201
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0392070038
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RHAME & PERNA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt014180 DALLAS PKWY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DALLAS

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