Civic Intelligence

Nema Foundation Inc DBA Provisionbridge

990 • Fiscal year 2017 • EIN 27-4357830

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

P O Box 157Tallulah Falls, GA 30573

(706) 754-6884

Siviq Scores

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

Liabilities / Assets

10th percentile

0.00x

Higher debt load relative to assets than 10% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

8th percentile

0.00x

Higher debt load relative to revenue than 8% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

18th percentile

-9.5%

Higher net margin than 18% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

24th percentile

$53,200

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

11th percentile

-8.1%

Faster asset growth than 11% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

5th percentile

-46%

Faster revenue growth than 5% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Down

$6,235,403

Down $551,365 (-8.1%) from 2016

Net Assets

Down

$6,227,677

Down $559,091 (-8.2%) from 2016

Liabilities

Up

$7,726

Up $7,726 from 2016

Revenue

Down

$6,450,631

Down $5,530,798 (-46%) from 2016

Expenses

Down

$7,061,753

Down $4,393,687 (-38%) from 2016

Net Income

Down

-$611,122

Down $1,137,111 (-216%) from 2016

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2011: $1,433,702Liabilities 2011: $2,328Net Assets 2011: $1,431,3742011Assets 2012: $3,237,078Liabilities 2012: $583Net Assets 2012: $3,236,4952012Assets 2013: $3,761,332Liabilities 2013: $148,194Net Assets 2013: $3,613,1382013Assets 2014: $5,275,312Liabilities 2014: $8,950Net Assets 2014: $5,266,3622014Assets 2015: $6,243,023Liabilities 2015: $9,096Net Assets 2015: $6,233,9272015Assets 2016: $6,786,768Liabilities 2016: $0Net Assets 2016: $6,786,7682016Assets 2017: $6,235,403Liabilities 2017: $7,726Net Assets 2017: $6,227,6772017Assets 2018: $8,214,112Liabilities 2018: $5,224Net Assets 2018: $8,208,8882018Assets 2019: $12,461,125Liabilities 2019: $8,208Net Assets 2019: $12,452,9172019Assets 2020: $23,883,894Liabilities 2020: $16,218Net Assets 2020: $23,867,6762020Assets 2021: $40,863,488Liabilities 2021: $12,980Net Assets 2021: $40,850,5082021Assets 2022: $33,716,025Liabilities 2022: $25,070Net Assets 2022: $33,690,9552022Assets 2023: $30,390,457Liabilities 2023: $1,999Net Assets 2023: $30,388,4582023Assets 2024: $32,581,469Liabilities 2024: $4,648Net Assets 2024: $32,576,8212024

Highlighted filing

2017

Assets$6,235,403
Liabilities$7,726
Net Assets$6,227,677

Operations Trend

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

$80M$60M$40M$20M$0-$20MExpenses 2011: $23,3892011Expenses 2012: $5,417,6932012Revenue 2013: $7,451,555Expenses 2013: $7,094,912Net Income 2013: $356,6432013Revenue 2014: $12,213,612Expenses 2014: $10,551,459Net Income 2014: $1,662,1532014Revenue 2015: $7,570,647Expenses 2015: $6,581,957Net Income 2015: $988,6902015Revenue 2016: $11,981,429Expenses 2016: $11,455,440Net Income 2016: $525,9892016Revenue 2017: $6,450,631Expenses 2017: $7,061,753Net Income 2017: -$611,1222017Revenue 2018: $7,327,461Expenses 2018: $5,195,796Net Income 2018: $2,131,6652018Revenue 2019: $9,519,216Expenses 2019: $5,217,911Net Income 2019: $4,301,3052019Revenue 2020: $21,383,446Expenses 2020: $9,802,898Net Income 2020: $11,580,5482020Revenue 2021: $61,480,995Expenses 2021: $44,480,279Net Income 2021: $17,000,7162021Revenue 2022: $22,559,102Expenses 2022: $28,947,826Net Income 2022: -$6,388,7242022Revenue 2023: $22,374,951Expenses 2023: $26,451,661Net Income 2023: -$4,076,7102023Revenue 2024: $30,496,474Expenses 2024: $28,964,351Net Income 2024: $1,532,1232024

Highlighted filing

2017

Revenue$6,450,631
Expenses$7,061,753
Net Income-$611,122
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.2
Gross Receipts
$6,450,652
Mission and Program Overview

Mission

ProvisionBridge exists to provide an easy, tax-efficient way for individuals, families and organizations to give charitably to organizations that provide care for those in need.Difficult times, rising medical costs, natural disasters, and other problems have left more and more families in need of financial assistance and more families and organizations wanting to help. Recognizing these needs led a team of dedicated leaders in the nonprofit community to start ProvisionBridge. In 2011, Provision Bridge received its determination letter from the IRS as a 501C3 organization, with the goal of helping more people give to meet the needs in their community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$2,440,188$2,465,188▲ $25,000
Investments in Publicly Traded Securities$669,654$1,625,441▲ $955,787
Savings and Temporary Cash Investments$1,771,593$1,309,773▼ $461,820
Cash and Non-Interest-Bearing Accounts$1,905,333$835,001▼ $1,070,332
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$6,786,768$6,235,403▼ $551,365
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses-$7,726-
Total Liabilities$0$7,726▲ $7,726
Net Assets / Fund Balance
Unrestricted Net Assets$6,786,768$6,227,677▼ $559,091
Total Net Assets Fund Balance$6,786,768$6,227,677▼ $559,091
Total Liabilities and Net Assets / Fund Balance$6,786,768$6,235,403▼ $551,365

Asset Categories

AssetBook ValueDepreciationBasis
Closely Held Equity Interests$2,465,188--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Cheryl GreenExec. Dir./PresFT$53,200$53,200

Board Members and Trustees

NameTitle
Bryan T GreenDirector
David Michael FranklinDirector
Jeff WhitlockDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$6,413,685
Program Service Revenue
$0
Investment Income
$36,946
Other Revenue
$0
All Other Contributions
$6,413,685
Change in Net Assets
$-611,122

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table10$2,537,906comp sales
Total Noncash Contributions10$2,537,906-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$6,933,767
Salaries, Compensation, and Employee Benefits$91,574
Other Expenses$36,412
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$6,933,767--$6,933,767
Current Officers, Directors, Trustees, and Key Employees$42,560$10,640-$53,200
Other Salaries and Wages$19,250$4,812-$24,062
Fees for Services Accounting$7,222$1,805-$9,027
Pension Plan Contributions$6,181$1,545-$7,726
Payroll Taxes$5,269$1,317-$6,586
Office Expenses$3,521$880-$4,401
Insurance$2,699$675-$3,374
Travel$1,910$477-$2,387
Other Expenses$452$113-$565
All Other Expenses$433$108-$541
Conferences and Meetings$46$12-$58
Total Functional Expenses$7,036,157$25,596$0$7,061,753
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
See Attached ListTallulah Falls, GA-Support 501(c)(3) Charitable Org$6,933,767
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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, Line 11B: Form 990 Review Process

The board members receive a copy of the form 990 for review prior to annual filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Officers, directors, and key employees are required to review and certify on an annual basis their understanding of the organization's conflict of interest policy as adopted by the board of directors of the organization.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to public

Filing and Contact Details

Filer

Filer Name
Nema Foundation Inc
EIN
27-4357830
Phone
7067546884
Address
P O BOX 157, TALLULAH FALLS, GA 30573

Signing Officer

Name
Bryan T Green
Title
Director
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
2011
Legal Domicile
Ga
Voting Board Members
4
Independent Board Members
3
Employees
2

Preparer

Firm
Barnes Merritt & Barnes LLC
Address
10 GLENLAKE PARKWAY NORTH TOWER SUI, ATLANTA, GA 30328
Preparer
Scott Merritt CPA
Phone
4046366638
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04396
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt011473
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0523008
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IRS990ScheduleD/CloselyHeldEquityInterestsGrp/MethodValuationCd0C
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IRS990ScheduleI/TotalOtherOrgCnt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO REVIEW AND CERTIFY ON AN ANNUAL BASIS THEIR UNDERSTANDING OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AS ADOPTED BY THE BOARD OF DIRECTORS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to public
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
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IRS990/TotalReportableCompFromOrgAmt053200
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt036946
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt06450631
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06786768
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IRS990/TravelGrp/ManagementAndGeneralAmt0477
IRS990/TravelGrp/ProgramServicesAmt01910
IRS990/TravelGrp/TotalAmt02387
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt06786768
IRS990/UnrestrictedNetAssetsGrp/EOYAmt06227677
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.PROVISIONBRIDGE.ORG
IRS990/WhistleblowerPolicyInd0true
IRS990/WrittenPolicyOrProcedureInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRYAN T GREEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEMA FOUNDATION INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DBA PROVISIONBRIDGE
ReturnHeader/Filer/BusinessNameControlTxt0NEMA
ReturnHeader/Filer/EIN0274357830
ReturnHeader/Filer/PhoneNum07067546884
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0462800044

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$32.6$0.00$32.6$30.5$29.0$1.53
2023Detailed filing. Detailed filing data is available for this year.$30.4$0.00$30.4$22.4$26.5$4.08
2022Detailed filing. Detailed filing data is available for this year.$33.7$0.03$33.7$22.6$28.9$6.39
2021Detailed filing. Detailed filing data is available for this year.$40.9$0.01$40.9$61.5$44.5$17.0
2020Detailed filing. Detailed filing data is available for this year.$23.9$0.02$23.9$21.4$9.80$11.6
2019Detailed filing. Detailed filing data is available for this year.$12.5$0.01$12.5$9.52$5.22$4.30
2018Detailed filing. Detailed filing data is available for this year.$8.21$0.01$8.21$7.33$5.20$2.13
2017Detailed filing. Detailed filing data is available for this year.$6.24$0.01$6.23$6.45$7.06$0.61
2016Detailed filing. Detailed filing data is available for this year.$6.79$0.00$6.79$12.0$11.5$0.53
2015Detailed filing. Detailed filing data is available for this year.$6.24$0.01$6.23$7.57$6.58$0.99
2014Detailed filing. Detailed filing data is available for this year.$5.28$0.01$5.27$12.2$10.6$1.66
2013Detailed filing. Detailed filing data is available for this year.$3.76$0.15$3.61$7.45$7.09$0.36
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.24$0.00$3.24$5.42
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$0.00$1.43$0.02