Civic Intelligence

Bme Networks Inc

990 • Fiscal year 2021 • EIN 46-3083316

Jan 01, 2021 to Dec 31, 2021 • Filed on Sep 09, 2022

2103 Coral Way 2nd FloorMiami, FL 33145

(786) 801-9563

Siviq Scores

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

Liabilities / Assets

66th percentile

0.18x

Higher debt load relative to assets than 66% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

62nd percentile

0.17x

Higher debt load relative to revenue than 62% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

74th percentile

30%

Higher net margin than 74% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

87th percentile

$167,432

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

90th percentile

65%

Faster asset growth than 90% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

88th percentile

110%

Faster revenue growth than 88% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$3,518,885

Up $1,392,493 (+65%) from 2020

Net Assets

Up

$2,884,684

Up $1,140,668 (+65%) from 2020

Liabilities

Up

$634,201

Up $251,825 (+66%) from 2020

Revenue

Up

$3,752,296

Up $1,966,079 (+110%) from 2020

Expenses

Up

$2,611,628

Up $1,504,473 (+136%) from 2020

Net Income

Up

$1,140,668

Up $461,606 (+68%) from 2020

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2013: $207,005Liabilities 2013: $0Net Assets 2013: $207,0052013Assets 2014: $1,037,986Liabilities 2014: $4,218Net Assets 2014: $1,033,7682014Assets 2015: $760,961Liabilities 2015: $31Net Assets 2015: $760,9302015Assets 2016: $1,422,920Liabilities 2016: $445Net Assets 2016: $1,422,4752016Assets 2017: $1,516,622Liabilities 2017: $295,344Net Assets 2017: $1,221,2782017Assets 2018: $1,504,329Liabilities 2018: $443,931Net Assets 2018: $1,060,3982018Assets 2019: $1,516,129Liabilities 2019: $451,175Net Assets 2019: $1,064,9542019Assets 2020: $2,126,392Liabilities 2020: $382,376Net Assets 2020: $1,744,0162020Assets 2021: $3,518,885Liabilities 2021: $634,201Net Assets 2021: $2,884,6842021Assets 2022: $3,328,640Liabilities 2022: $949,163Net Assets 2022: $2,379,4772022Assets 2023: $3,622,292Liabilities 2023: $599,552Net Assets 2023: $3,022,7402023Assets 2024: $2,655,322Liabilities 2024: $402,603Net Assets 2024: $2,252,7192024

Highlighted filing

2021

Assets$3,518,885
Liabilities$634,201
Net Assets$2,884,684

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2013: $693,587Expenses 2013: $486,582Net Income 2013: $207,0052013Revenue 2014: $2,083,076Expenses 2014: $1,256,313Net Income 2014: $826,7632014Revenue 2015: $1,728,013Expenses 2015: $2,000,851Net Income 2015: -$272,8382015Revenue 2016: $2,207,333Expenses 2016: $1,754,410Net Income 2016: $452,9232016Revenue 2017: $1,187,778Expenses 2017: $1,388,975Net Income 2017: -$201,1972017Revenue 2018: $1,392,603Expenses 2018: $1,553,483Net Income 2018: -$160,8802018Revenue 2019: $1,710,958Expenses 2019: $1,706,402Net Income 2019: $4,5562019Revenue 2020: $1,786,217Expenses 2020: $1,107,155Net Income 2020: $679,0622020Revenue 2021: $3,752,296Expenses 2021: $2,611,628Net Income 2021: $1,140,6682021Revenue 2022: $3,174,512Expenses 2022: $3,679,719Net Income 2022: -$505,2072022Revenue 2023: $2,976,106Expenses 2023: $2,332,843Net Income 2023: $643,2632023Revenue 2024: $2,312,816Expenses 2024: $2,908,423Net Income 2024: -$595,6072024

Highlighted filing

2021

Revenue$3,752,296
Expenses$2,611,628
Net Income$1,140,668
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 9, 2022
Return Version
2021v4.0
Gross Receipts
$3,752,296
Mission and Program Overview

Mission

Bme is a growing network of all races and genders committed to building better communities across the u.s. Bme is built upon black fathers, coaches, businessmen and students who lead by example to strengthen neighborhoods, mentor young people and create businesses. Each day they help to change our futures for the better. Bme community raises the awareness of black men as assets to society and uplifts their positive narratives, engages people of all race and genders directly in community building activities and networks resources for community growth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,976,364$3,508,822▲ $1,532,458
Prepaid Expenses and Deferred Charges$149,966$0▼ $149,966
Accounts Receivable$62$10,063▲ $10,001
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,126,392$3,518,885▲ $1,392,493
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$9,776$634,200▲ $624,424
Deferred Revenue$290,100--
Other Liabilities$82,500$1▼ $82,499
Total Liabilities$382,376$634,201▲ $251,825
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,744,016$2,884,684▲ $1,140,668
Total Net Assets Fund Balance$1,744,016$2,884,684▲ $1,140,668
Total Liabilities and Net Assets / Fund Balance$2,126,392$3,518,885▲ $1,392,493
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Trabian ShortersExecutive DirectorFT$167,432$167,432
Sarah BouchereauChief of StaffFT$94,480$94,480

Board Members and Trustees

NameTitle
Dwayne EdwardsBoard Chairman
Karla BallardBoard Member
Marlon HillBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$2,915,175
Program Service Revenue
$0
Investment Income
$1,721
Other Revenue
$835,400
All Other Contributions
$2,832,675
Change in Net Assets
$1,140,668
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,825,686
Salaries, Compensation, and Employee Benefits$468,882
Grants and Similar Amounts Paid$317,060
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,361,094$37,500-$1,398,594
Grants to Domestic Orgs$317,060--$317,060
Current Officers, Directors, Trustees, and Key Employees$261,912--$261,912
Other Salaries and Wages$166,646--$166,646
Travel$134,092--$134,092
Fees for Services Accounting-$42,100-$42,100
Advertising$41,901--$41,901
All Other Expenses$33,634$1,313-$34,947
Occupancy$31,414--$31,414
Other Expenses$27,362$25,000-$25,000
Payroll Taxes$22,202--$22,202
Other Employee Benefits$18,122--$18,122
Insurance$14,015--$14,015
Fees for Services Legal$12,500--$12,500
Office Expenses-$3,341-$3,341
Total Functional Expenses$2,502,374$109,254$0$2,611,628
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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

It is reviewed by our management and board of directors.

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

This is handle through an internal monitoring held annually.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

This is handled by the board of directors.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

This is handled by the board of directors.

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

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Bme Networks Inc
EIN
46-3083316
Phone
7868019563
Address
2103 Coral Way 2nd Floor, MIAMI, FL 33145

Signing Officer

Name
Trabian Shorters
Title
President & CEO
Signed
2022-09-09
Discuss with paid preparer
Yes

Organization Details

Formed
2013
Legal Domicile
De
Voting Board Members
4
Independent Board Members
4
Employees
7
Volunteers
20

Preparer

Firm
Weinberg & Co WPB LLC
Address
1800 S Australian Ave Ste 302, West Palm Beach, FL 33409
Preparer
Bruce Weinberg CPA
Phone
5614875765
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IRS990/PYOtherExpensesAmt0434330
IRS990/PYOtherRevenueAmt0519862
IRS990/PYRevenuesLessExpensesAmt0679062
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IRS990/PYTotalExpensesAmt01107155
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01140668
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IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
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IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0PROMOTE INCREASED ENGAGEMENT AND LEADERSHIP BY BLACK MEN IN THEIR COMMUNITIES
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part I: Additional Information
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02915175
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01263325
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01468513
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01251051
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0994465
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt07892529
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
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IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
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IRS990ScheduleA/PublicSupportPY509Pct01.00000
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01251051
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/TotalLiabilityAmt01
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IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0TRABIAN SHORTERS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Dir.
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0167432
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0It is reviewed by our management and board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1This is handle through an internal monitoring held annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2This is handled by the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3This is handled by the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02502374
IRS990/TotalFunctionalExpensesGrp/TotalAmt02611628
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0382376
IRS990/TotalLiabilitiesEOYAmt0634201
IRS990/TotalLiabilitiesGrp/BOYAmt0382376
IRS990/TotalLiabilitiesGrp/EOYAmt0634201
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01744016
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02884684
IRS990/TotalProgramServiceExpensesAmt02502374
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt0261912
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0837121
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03752296
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02126392
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03518885
IRS990/TravelGrp/ProgramServicesAmt0134092
IRS990/TravelGrp/TotalAmt0134092
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02103 Coral Way 2nd Floor
IRS990/USAddress/CityNm0MIAMI
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd0331452601
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.BMECOMMUNITY.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TRABIAN SHORTERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-09-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BME NETWORKS INC
ReturnHeader/Filer/BusinessNameControlTxt0BMEN
ReturnHeader/Filer/EIN0463083316
ReturnHeader/Filer/PhoneNum07868019563
ReturnHeader/Filer/USAddress/AddressLine1Txt02103 Coral Way 2nd Floor
ReturnHeader/Filer/USAddress/CityNm0MIAMI
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033145
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0452695247
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Weinberg & Co WPB LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01800 S Australian Ave Ste 302
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0West Palm Beach
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.66$0.40$2.25$2.31$2.91$0.60
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.62$0.60$3.02$2.98$2.33$0.64
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.33$0.95$2.38$3.17$3.68$0.51
2021Detailed filing. Detailed filing data is available for this year.$3.52$0.63$2.88$3.75$2.61$1.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.13$0.38$1.74$1.79$1.11$0.68
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.52$0.45$1.06$1.71$1.71$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.50$0.44$1.06$1.39$1.55$0.16
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.52$0.30$1.22$1.19$1.39$0.20
2016Summary only. Only limited summary data is available for this year.$1.42$0.00$1.42$2.21$1.75$0.45
2015Detailed filing. Detailed filing data is available for this year.$0.76$0.00$0.76$1.73$2.00$0.27
2014Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.03$2.08$1.26$0.83
2013Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$0.69$0.49$0.21