Civic Intelligence

Redemption Bridge

990EZ • Fiscal year 2021 • EIN 27-3500079

Jan 01, 2021 to Dec 31, 2021 • Filed on May 17, 2022

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

95th percentile

1.07x

Higher debt load relative to assets than 95% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

83rd percentile

0.16x

Higher debt load relative to revenue than 83% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

28th percentile

-5.8%

Higher net margin than 28% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

28th percentile

-7.7%

Faster asset growth than 28% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

74th percentile

46%

Faster revenue growth than 74% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$22,033

Down $1,847 (-7.7%) from 2020

Net Assets

Down

-$1,588

Down $8,637 (-123%) from 2020

Liabilities

Up

$23,621

Up $6,790 (+40%) from 2020

Revenue

Up

$149,949

Up $47,074 (+46%) from 2020

Expenses

Up

$158,586

Up $50,813 (+47%) from 2020

Net Income

Down

-$8,637

Down $3,739 (-76%) from 2020

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

2021

Assets$22,033
Liabilities$23,621
Net Assets-$1,588

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

2021

Revenue$149,949
Expenses$158,586
Net Income-$8,637
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 17, 2022
Return Version
2021v4.0
Gross Receipts
$149,949
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.-$158,586
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
2022-05-17
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 1,575 it 2,546 website management 7,519 telephone/internet 1,593 miscellaneous 2,438 payroll processing 2,151 non-investment depreciation 3,012 total 20,834

Form 990-ez, Part II, Line 24

Furniture and fixtures 60,000 60,000 less accumulated depreciation 56,988 60,000 total 3,012 0

Form 990-ez, Part II, Line 26

Payroll tax liabilities 573 7,363 ppp loan 16,258 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 Appendix153 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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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 1,575 IT 2,546 WEBSITE MANAGEMENT 7,519 TELEPHONE/INTERNET 1,593 MISCELLANEOUS 2,438 PAYROLL PROCESSING 2,151 NON-INVESTMENT DEPRECIATION 3,012 TOTAL 20,834
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FURNITURE AND FIXTURES 60,000 60,000 LESS ACCUMULATED DEPRECIATION 56,988 60,000 TOTAL 3,012 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAYROLL TAX LIABILITIES 573 7,363 PPP LOAN 16,258 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/SignatureDt02022-05-17
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/PreparationDt02022-05-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KYLIE LINDSEY
ReturnHeader/ReturnTs02022-05-24T09:55:35-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WES
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0JUREY
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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Filings