Civic Intelligence

Redemption Bridge

990EZ • Fiscal year 2020 • EIN 27-3500079

Jan 01, 2020 to Dec 31, 2020 • Filed on Feb 25, 2021

1506 W Pioneer Parkway Suite 204Arlington, TX 76013

(682) 320-8083

Siviq Scores

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

Liabilities / Assets

91st percentile

0.70x

Higher debt load relative to assets than 91% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

81st percentile

0.16x

Higher debt load relative to revenue than 81% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

33rd percentile

-4.8%

Higher net margin than 33% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

84th percentile

68%

Faster asset growth than 84% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

73rd percentile

10%

Faster revenue growth than 73% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$23,880

Up $9,687 (+68%) from 2019

Net Assets

Down

$7,049

Down $4,898 (-41%) from 2019

Liabilities

Up

$16,831

Up $14,585 (+649%) from 2019

Revenue

Up

$102,875

Up $9,425 (+10%) from 2019

Expenses

Down

$107,773

Down $5,026 (-4.5%) from 2019

Net Income

Up

-$4,898

Up $14,451 (+75%) from 2019

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0-$100KAssets 2017: $45,709Liabilities 2017: $5,787Net Assets 2017: $39,9222017Assets 2018: $35,163Liabilities 2018: $3,867Net Assets 2018: $31,2962018Assets 2019: $14,193Liabilities 2019: $2,246Net Assets 2019: $11,9472019Assets 2020: $23,880Liabilities 2020: $16,831Net Assets 2020: $7,0492020Assets 2021: $22,033Liabilities 2021: $23,621Net Assets 2021: -$1,5882021Assets 2022: $350,397Liabilities 2022: $314,378Net Assets 2022: $36,0192022Assets 2024: $212,003Liabilities 2024: $140,504Net Assets 2024: $71,4992024

Highlighted filing

2020

Assets$23,880
Liabilities$16,831
Net Assets$7,049

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2017: $141,268Expenses 2017: $143,411Net Income 2017: -$2,1432017Revenue 2018: $121,972Expenses 2018: $137,105Net Income 2018: -$15,1332018Revenue 2019: $93,450Expenses 2019: $112,799Net Income 2019: -$19,3492019Revenue 2020: $102,875Expenses 2020: $107,773Net Income 2020: -$4,8982020Revenue 2021: $149,949Expenses 2021: $158,586Net Income 2021: -$8,6372021Revenue 2022: $190,095Expenses 2022: $322,239Net Income 2022: -$132,1442022Revenue 2024: $585,393Expenses 2024: $791,083Net Income 2024: -$205,6902024

Highlighted filing

2020

Revenue$102,875
Expenses$107,773
Net Income-$4,898
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 25, 2021
Return Version
2020v4.0
Gross Receipts
$102,875
Mission and Program Overview

Mission

The organization's mission is to integrate justice involved youths, adults, and veterans into family, community, and society, with the life skills to be successful, thereby reducing recidivism.

Program Services

DescriptionGrantsExpenses
REDEMPTION BRIDGE SERVES AS AN INTERMEDIARY, DEVELOPING A COLLABORATIVE APPROACH IN ESTABLISHING PUBLIC PRIVATE PARTNERSHIPS. OUR THREE PRIMARY PROGRAMS ARE (1) THE ESTABLISHMENT OF DEMONSTRATION MODEL TALENT PIPELINES WITH NINE COMMUNITY COLLEGE SYSTEMS IN TEXAS, IN FOUR REGIONS OF THE STATE, TO ENABLE OUR TARGET POPULATIONS TO ACHIEVE INDUSTRY RECOGNIZED CERTIFICATIONS; (2) THE ESTABLISHMENT OF EMPLOYER CONSORTIUMS IN THE FOUR REGIONS TO DEVELOP "SECOND CHANCE" EMPLOYERS; AND (3) CONDUCTING MONTHLY BRIEFING MEETINGS FOR APPROXIMATELY 40 NONPROFIT ORGANIZATIONS, TO CONNECT THEM WITH OUR TARGET POPULATIONS AND EDUCATIONAL TRAINING PARTNERS.-$107,773
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WES JUREYExecutive DiPT$0--
JUDITH CARRIERDirector Sec/Tre-$0--
PAM DAWSONDirector-$0--
RAY GOMEZChairman-$0--
FRED MALDANADODirector-$0--
DON FOWLERDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Redemption Bridge
EIN
27-3500079
Phone
6823208083
Address
1506 W PIONEER PARKWAY SUITE 204, ARLINGTON, TX 76013

Signing Officer

Name
Wes Jurey
Title
Executive Director
Phone
8174624600
Signed
2021-02-25
Discuss with paid preparer
Yes

Preparer

Firm
Psk Llp
Address
3001 MEDLIN DR STE 100, ARLINGTON, TX 76015
Preparer
Kylie Lindsey
Phone
8176643000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office supplies 102 travel and auto 852 42 telephone/internet 1,481 miscellaneous 383 bank charges 56 payroll processing 1,918 non-investment depreciation 6,025 total 10,859

Form 990-ez, Part II, Line 24

Furniture and fixtures 60,000 60,000 less accumulated depreciation 50,963 56,988 total 9,037 3,012

Form 990-ez, Part II, Line 26

Frost loan 1,537 0 payroll tax liabilities 709 573 ppp loan 0 16,258

Form 990-ez, Part III

The organization's mission is to integrate justice involved youths, adults, and veterans into family, community, and society, with the life skills to be successful, thereby reducing recidivism.

Form 990-ez, Part III, Line 28

Redemption bridge serves as an intermediary, developing a collaborative approach in establishing public private partnerships. Our three primary programs are (1) the establishment of demonstration model talent pipelines with nine community college systems in texas, in four regions of the state, to enable our target populations to achieve industry recognized certifications; (2) the establishment of employer consortiums in the four regions to develop "second chance" employers; and (3) conducting monthly briefing meetings for approximately 40 nonprofit organizations, to connect them with our target populations and educational training partners.

Raw XML Appendix160 raw XML fields

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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CompensationExplanation/CompensationExplanationGrp/PersonNm3RAY GOMEZ
CompensationExplanation/CompensationExplanationGrp/PersonNm4FRED MALDANADO
CompensationExplanation/CompensationExplanationGrp/PersonNm5DON FOWLER
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IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION'S MISSION IS TO INTEGRATE JUSTICE INVOLVED YOUTHS, ADULTS, AND VETERANS INTO FAMILY, COMMUNITY, AND SOCIETY, WITH THE LIFE SKILLS TO BE SUCCESSFUL, THEREBY REDUCING RECIDIVISM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0REDEMPTION BRIDGE SERVES AS AN INTERMEDIARY, DEVELOPING A COLLABORATIVE APPROACH IN ESTABLISHING PUBLIC PRIVATE PARTNERSHIPS. OUR THREE PRIMARY PROGRAMS ARE (1) THE ESTABLISHMENT OF DEMONSTRATION MODEL TALENT PIPELINES WITH NINE COMMUNITY COLLEGE SYSTEMS IN TEXAS, IN FOUR REGIONS OF THE STATE, TO ENABLE OUR TARGET POPULATIONS TO ACHIEVE INDUSTRY RECOGNIZED CERTIFICATIONS; (2) THE ESTABLISHMENT OF EMPLOYER CONSORTIUMS IN THE FOUR REGIONS TO DEVELOP "SECOND CHANCE" EMPLOYERS; AND (3) CONDUCTING MONTHLY BRIEFING MEETINGS FOR APPROXIMATELY 40 NONPROFIT ORGANIZATIONS, TO CONNECT THEM WITH OUR TARGET POPULATIONS AND EDUCATIONAL TRAINING PARTNERS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE SUPPLIES 102 TRAVEL AND AUTO 852 42 TELEPHONE/INTERNET 1,481 MISCELLANEOUS 383 BANK CHARGES 56 PAYROLL PROCESSING 1,918 NON-INVESTMENT DEPRECIATION 6,025 TOTAL 10,859
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FURNITURE AND FIXTURES 60,000 60,000 LESS ACCUMULATED DEPRECIATION 50,963 56,988 TOTAL 9,037 3,012
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FROST LOAN 1,537 0 PAYROLL TAX LIABILITIES 709 573 PPP LOAN 0 16,258
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S MISSION IS TO INTEGRATE JUSTICE INVOLVED YOUTHS, ADULTS, AND VETERANS INTO FAMILY, COMMUNITY, AND SOCIETY, WITH THE LIFE SKILLS TO BE SUCCESSFUL, THEREBY REDUCING RECIDIVISM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REDEMPTION BRIDGE SERVES AS AN INTERMEDIARY, DEVELOPING A COLLABORATIVE APPROACH IN ESTABLISHING PUBLIC PRIVATE PARTNERSHIPS. OUR THREE PRIMARY PROGRAMS ARE (1) THE ESTABLISHMENT OF DEMONSTRATION MODEL TALENT PIPELINES WITH NINE COMMUNITY COLLEGE SYSTEMS IN TEXAS, IN FOUR REGIONS OF THE STATE, TO ENABLE OUR TARGET POPULATIONS TO ACHIEVE INDUSTRY RECOGNIZED CERTIFICATIONS; (2) THE ESTABLISHMENT OF EMPLOYER CONSORTIUMS IN THE FOUR REGIONS TO DEVELOP "SECOND CHANCE" EMPLOYERS; AND (3) CONDUCTING MONTHLY BRIEFING MEETINGS FOR APPROXIMATELY 40 NONPROFIT ORGANIZATIONS, TO CONNECT THEM WITH OUR TARGET POPULATIONS AND EDUCATIONAL TRAINING PARTNERS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WES JUREY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08174624600
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-02-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0REDEMPTION BRIDGE
ReturnHeader/Filer/BusinessNameControlTxt0REDE
ReturnHeader/Filer/EIN0273500079
ReturnHeader/Filer/PhoneNum06823208083
ReturnHeader/Filer/USAddress/AddressLine1Txt01506 W PIONEER PARKWAY SUITE 204
ReturnHeader/Filer/USAddress/CityNm0ARLINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076013
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0751486711
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PSK LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03001 MEDLIN DR STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ARLINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076015
ReturnHeader/PreparerPersonGrp/PhoneNum08176643000
ReturnHeader/PreparerPersonGrp/PreparationDt02021-02-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KYLIE LINDSEY
ReturnHeader/ReturnTs02021-03-12T13:39:23-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WES
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0JUREY
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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