Civic Intelligence

Ourbridge Inc.

990 • Fiscal year 2019 • EIN 46-3784901

Sep 01, 2018 to Aug 31, 2019 • Filed on Feb 03, 2020

3925 Willard Farrow DriveCharlotte, NC 28215

(980) 272-6022

Siviq Scores

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

Liabilities / Assets

77th percentile

0.32x

Higher debt load relative to assets than 77% of similar nonprofits.

2019 filings • NTEE P20 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

58th percentile

0.04x

Higher debt load relative to revenue than 58% of similar nonprofits.

2019 filings • NTEE P20 • $500k-$1M nonprofits • Source year 2019

Net Margin

22nd percentile

-8.4%

Higher net margin than 22% of similar nonprofits.

2019 filings • NTEE P20 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

69th percentile

$56,350

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 7.5% of source-year revenue.

2019 filings • NTEE P20 • $500k-$1M nonprofits • Source year 2019

Asset Growth

3rd percentile

-40%

Faster asset growth than 3% of similar nonprofits.

2019 filings • NTEE P20 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

54th percentile

11%

Faster revenue growth than 54% of similar nonprofits.

2019 filings • NTEE P20 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$88,326

Down $58,128 (-40%) from 2018

Net Assets

Down

$60,497

Down $63,216 (-51%) from 2018

Liabilities

Up

$27,829

Up $5,088 (+22%) from 2018

Revenue

Up

$752,406

Up $74,671 (+11%) from 2018

Expenses

Up

$815,622

Up $165,320 (+25%) from 2018

Net Income

Down

-$63,216

Down $90,649 (-330%) from 2018

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2015: $111,953Liabilities 2015: $63,666Net Assets 2015: $48,2872015Assets 2016: $136,637Liabilities 2016: $47,289Net Assets 2016: $89,3482016Assets 2017: $145,393Liabilities 2017: $49,113Net Assets 2017: $96,2802017Assets 2018: $146,454Liabilities 2018: $22,741Net Assets 2018: $123,7132018Assets 2019: $88,326Liabilities 2019: $27,829Net Assets 2019: $60,4972019Assets 2020: $256,119Liabilities 2020: $40,357Net Assets 2020: $215,7622020Assets 2021: $398,571Liabilities 2021: $81,531Net Assets 2021: $317,0402021Assets 2022: $594,830Liabilities 2022: $70,030Net Assets 2022: $524,8002022Assets 2023: $548,735Liabilities 2023: $96,558Net Assets 2023: $452,1772023Assets 2024: $1,644,609Liabilities 2024: $95,908Net Assets 2024: $1,548,7012024Assets 2025: $1,938,731Liabilities 2025: $92,734Net Assets 2025: $1,845,9972025

Highlighted filing

2019

Assets$88,326
Liabilities$27,829
Net Assets$60,497

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2015: $306,866Expenses 2015: $259,425Net Income 2015: $47,4412015Revenue 2016: $308,431Expenses 2016: $267,370Net Income 2016: $41,0612016Revenue 2017: $337,147Expenses 2017: $329,746Net Income 2017: $7,4012017Revenue 2018: $677,735Expenses 2018: $650,302Net Income 2018: $27,4332018Revenue 2019: $752,406Expenses 2019: $815,622Net Income 2019: -$63,2162019Revenue 2020: $1,127,942Expenses 2020: $972,677Net Income 2020: $155,2652020Revenue 2021: $999,591Expenses 2021: $898,313Net Income 2021: $101,2782021Revenue 2022: $1,462,225Expenses 2022: $1,254,465Net Income 2022: $207,7602022Revenue 2023: $2,007,075Expenses 2023: $2,079,698Net Income 2023: -$72,6232023Revenue 2024: $3,463,085Expenses 2024: $2,366,561Net Income 2024: $1,096,5242024Revenue 2025: $2,855,982Expenses 2025: $2,558,686Net Income 2025: $297,2962025

Highlighted filing

2019

Revenue$752,406
Expenses$815,622
Net Income-$63,216
Jump To
Filing Snapshot
Filing Period
Sep 1, 2018 to Aug 31, 2019
Signed
Feb 3, 2020
Return Version
2018v3.1
Gross Receipts
$778,770
Mission and Program Overview

Mission

ourBRIDGE for KIDS focuses on children of immigrant and refugee families, helping them achieve academic success and integration into the community through innovative instructional methods and an embracement of cultural diversity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$133,293$55,879▼ $77,414
Land, Buildings, and Equipment, Net$13,161$32,447▲ $19,286
Savings and Temporary Cash Investments-$0-
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 Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$146,454$88,326▼ $58,128
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$22,741$27,829▲ $5,088
Total Liabilities$22,741$27,829▲ $5,088
Net Assets / Fund Balance
Unrestricted Net Assets$56,697$35,085▼ $21,612
Temporarily Rstr Net Assets$67,016$25,412▼ $41,604
Total Net Assets Fund Balance$123,713$60,497▼ $63,216
Total Liabilities and Net Assets / Fund Balance$146,454$88,326▼ $58,128

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$32,447$45,252$77,699
Other Land Buildings-$6,381$6,381
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Silvia GanzoExecutive DirectorFT$56,350$56,350

Board Members and Trustees

NameTitle
Mark WeberChair
Emily PlaucheDirector/Chair
Claudia JacobsonDirector
Dima DaherDirector
Emily YaffeDirector
Erika LopezDirector
Scott WaybrightDirector
Margaret Campbell HaynesSecretary
Allen ShiffletTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$755,891
Program Service Revenue
$0
Investment Income
$-4,000
Other Revenue
$515
All Other Contributions
$294,113
Change in Net Assets
$-63,216

Audited Revenue Reconciliation

Revenue per Audited Statements
$752,406
Total Revenue per Audited Statements
$752,406
Total Revenue per Form 990
$752,406
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$427,673
Other Expenses$387,949
Total Fundraising Expense$35,801
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$295,717$27,557$12,894$336,168
Current Officers, Directors, Trustees, and Key Employees$34,440$11,480$11,480$57,400
Payroll Taxes$28,566$3,430$2,109$34,105
Fees for Services Other$17,216$13,257$3,364$33,837
Occupancy$23,595$1,242-$24,837
Fees for Services Accounting-$21,735-$21,735
Insurance$16,322$998$88$17,408
Depreciation Depletion$16,371$862-$17,233
Information Technology$4,352$2,498-$6,850
Office Expenses$564$3,887$1,653$6,104
Other Expenses$5,111$1,192$3,588$4,780
All Other Expenses--$625$625
Total Functional Expenses$691,414$88,407$35,801$815,622

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$815,622
Total Expenses per Audited Statements$815,622
Total Expenses per Form 990$815,622
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
Audit committee
Yes
Backup withholding compliance
Yes
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
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 Form 990 is reveiwed by the Treasurer, Executive Director and Accounting Director prior to filing the return. The Form 990 will be provided to all other board members after it is filed.

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

Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person:a.Has received a copy of the conflicts of interest policy,b.Has read and understands the policy,c.Has agreed to comply with the policy, andd.Understands the Organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists.

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

The board approved the Executive Director's compensation and compared to external market information.

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

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
ourBRIDGE Inc
EIN
46-3784901
Phone
9802726022
Address
3925 Willard Farrow Drive, Charlotte, NC 28215

Signing Officer

Name
Allen Shifflet
Title
Treasurer
Signed
2020-02-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Silvia Ganzo
Formed
2013
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
30
Volunteers
200

Preparer

Firm
C DeWitt Foard & Co PA CPAs
Address
817 E Morehead Street Ste 100, Charlotte, NC 28202-2767
Preparer
Phillip G Wilson
Phone
7043721515
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IRS990/Desc0Academic SupportStudents receive homework help, participate in hands-on STEAM (Science, Technology, Engineering, Arts and Math) projects, and engage in a culturally relevant curriculum that emphasizes experiential learning. We provide one-on-one daily English literacy tutoring in order to accelerate the students' acquisition of the English language. OurBRIDGE for KIDS aims to close the communication gap between school, teachers and families through the coordination of home visits, translation of school documents, and the organization of literacy nights and cultural events for parents at our center. When needed, we also provide parents transportation and translation support at teacher conferences and serve as the liaison between parents and schools. We offer summer programs in June for Middle School students and in August for elementary school children. Programs are based on experiential learning and focused on supporting the children's English acquisition.
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IRS990/MissionDesc0ourBRIDGE for KIDS focuses on children of immigrant and refugee families, helping them achieve academic success and integration into the community through innovative instructional methods and an embracement of cultural diversity.
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IRS990/OccupancyGrp/TotalAmt024837
IRS990/OfficeExpensesGrp/FundraisingAmt01653
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03887
IRS990/OfficeExpensesGrp/ProgramServicesAmt0564
IRS990/OfficeExpensesGrp/TotalAmt06104
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
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IRS990/OtherExpensesGrp/Desc1Training & Education
IRS990/OtherExpensesGrp/Desc2Communications
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0269
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11192
IRS990/OtherExpensesGrp/ProgramServicesAmt0225375
IRS990/OtherExpensesGrp/ProgramServicesAmt123785
IRS990/OtherExpensesGrp/ProgramServicesAmt25111
IRS990/OtherExpensesGrp/TotalAmt0225375
IRS990/OtherExpensesGrp/TotalAmt123785
IRS990/OtherExpensesGrp/TotalAmt25380
IRS990/OtherExpensesGrp/TotalAmt34780
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IRS990/OtherRevenueTotalAmt0515
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt012894
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt027557
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0295717
IRS990/OtherSalariesAndWagesGrp/TotalAmt0336168
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0true
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02109
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03430
IRS990/PayrollTaxesGrp/ProgramServicesAmt028566
IRS990/PayrollTaxesGrp/TotalAmt034105
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Silvia Ganzo
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0677020
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0337439
IRS990/PYOtherRevenueAmt0715
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IRS990/PYSalariesCompEmpBnftPaidAmt0312863
IRS990/PYTotalExpensesAmt0650302
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0677020
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0337479
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0308432
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0306866
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0715
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01230
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IRS990ScheduleA/PublicSupportPY170Pct00.96290
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0306866
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02385688
IRS990ScheduleA/TotalSupportAmt02386919
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt045252
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt077699
IRS990ScheduleD/ExpensesSubtotalAmt0815622
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06381
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06381
IRS990ScheduleD/RevenueSubtotalAmt0752406
IRS990ScheduleD/TotalBookValueLandBuildingsAmt032447
IRS990ScheduleD/TotalExpensesPerForm990Amt0815622
IRS990ScheduleD/TotalRevenuePerForm990Amt0752406
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IRS990/ScheduleJRequiredInd0false
IRS990ScheduleN/DirectorOfSuccessor2Ind0false
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0Van Totaled
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02019-04-01
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt023288
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0Book Value
IRS990ScheduleN/EmployeeOfSuccessor2Ind0false
IRS990ScheduleN/OwnerOfSuccessor2Ind0false
IRS990ScheduleN/ReceiveCompensation2Ind0false
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0Van totaled
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0Sch N, Part III, Additional Information
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is reveiwed by the Treasurer, Executive Director and Accounting Director prior to filing the return. The Form 990 will be provided to all other board members after it is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person:a.Has received a copy of the conflicts of interest policy,b.Has read and understands the policy,c.Has agreed to comply with the policy, andd.Understands the Organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The board approved the Executive Director's compensation and compared to external market information.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No 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 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false

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