Civic Intelligence

Baton Rouge Bridge Academy Inc

990 • Fiscal year 2016 • EIN 47-1448875

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 15, 2017

5300 Monarch AveBaton Rouge, LA 70811

(225) 387-5295

Siviq Scores

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

Liabilities / Assets

80th percentile

0.52x

Higher debt load relative to assets than 80% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

45th percentile

0.08x

Higher debt load relative to revenue than 45% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

64th percentile

7.4%

Higher net margin than 64% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

54th percentile

$70,396

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 6.8% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

77th percentile

14%

Faster asset growth than 77% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

99th percentile

855%

Faster revenue growth than 99% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$158,492

Up $18,934 (+14%) from 2015

Net Assets

Up

$75,716

Up $76,840 (+6836%) from 2015

Liabilities

Down

$82,776

Down $57,906 (-41%) from 2015

Revenue

Up

$1,032,750

Up $924,646 (+855%) from 2015

Expenses

Up

$955,910

Up $846,682 (+775%) from 2015

Net Income

Up

$76,840

Up $77,964 (+6936%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2015: $139,558Liabilities 2015: $140,682Net Assets 2015: -$1,1242015Assets 2016: $158,492Liabilities 2016: $82,776Net Assets 2016: $75,7162016Assets 2017: $610,122Liabilities 2017: $147,093Net Assets 2017: $463,0292017Assets 2018: $902,696Liabilities 2018: $255,849Net Assets 2018: $646,8472018Assets 2019: $636,721Liabilities 2019: $1Net Assets 2019: $636,7202019

Highlighted filing

2016

Assets$158,492
Liabilities$82,776
Net Assets$75,716

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2015: $108,104Expenses 2015: $109,228Net Income 2015: -$1,1242015Revenue 2016: $1,032,750Expenses 2016: $955,910Net Income 2016: $76,8402016Revenue 2017: $1,968,623Expenses 2017: $1,581,310Net Income 2017: $387,3132017Revenue 2018: $2,836,195Expenses 2018: $2,684,097Net Income 2018: $152,0982018Revenue 2019: $24,988Expenses 2019: $36,000Net Income 2019: -$11,0122019

Highlighted filing

2016

Revenue$1,032,750
Expenses$955,910
Net Income$76,840
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 15, 2017
Return Version
2015v3.0
Gross Receipts
$1,032,750
Mission and Program Overview

Mission

The Baton Rouge Bridge Academy mission is to equip all students with the academic and character foundation necessary to succeed in college and lead in the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$41,583$94,374▲ $52,791
Accounts Receivable$40,786$31,526▼ $9,260
Land, Buildings, and Equipment, Net$37,527$27,973▼ $9,554
Prepaid Expenses and Deferred Charges$19,662$0▼ $19,662
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$139,558$158,492▲ $18,934
Other Assets Total-$4,619-
Liabilities
Accounts Payable and Accrued Expenses$48,136$54,999▲ $6,863
Other Liabilities$92,546$27,777▼ $64,769
Total Liabilities$140,682$82,776▼ $57,906
Net Assets / Fund Balance
Unrestricted Net Assets$-1,124$75,716▲ $76,840
Total Net Assets Fund Balance$-1,124$75,716▲ $76,840
Total Liabilities and Net Assets / Fund Balance$139,558$158,492▲ $18,934

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$18,565$4,103$22,668
Equipment$9,408$5,318$14,726
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Chloe WileySchool DirectorFT$70,396$70,396

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$249,397
Program Service Revenue
$783,353
Investment Income
$0
Other Revenue
$0
All Other Contributions
$64,011
Change in Net Assets
$76,840

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,032,750
Total Revenue per Audited Statements
$1,032,750
Total Revenue per Form 990
$1,032,750
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$503,084
Other Expenses$452,826
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$322,260$33,250-$355,510
Fees for Services Other$89,671$41,772-$131,443
Current Officers, Directors, Trustees, and Key Employees$70,396--$70,396
All Other Expenses$51,908$5,612-$57,520
Other Employee Benefits$38,489$3,703-$42,192
Payroll Taxes$32,443$2,543-$34,986
Other Expenses$24,313$6,078-$30,391
Insurance$19,366$4,841-$24,207
Depreciation Depletion$7,194$1,799-$8,993
Fees for Services Legal-$1,419-$1,419
Total Functional Expenses$846,188$109,722$0$955,910

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$955,910
Total Expenses per Audited Statements$955,910
Total Expenses per Form 990$955,910
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
Short term debt$14,444
Long term debt$13,333
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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 President and Treasurer were presented with a copy of the filing for review. The 990 is made available to other board members upon request.

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

Contained in employee handbook and upon request.

Filing and Contact Details

Filer

Filer Name
Baton Rouge Bridge Academy Inc
EIN
47-1448875
Phone
2253875295
Address
5300 Monarch Ave, Baton Rouge, LA 70811

Signing Officer

Name
Chloe Wiley
Title
Executive Director
Signed
2017-02-15
Discuss with paid preparer
Yes

Organization Details

Formed
2014
Legal Domicile
La
Voting Board Members
7
Independent Board Members
0
Employees
9

Preparer

Firm
Daigrepont & Brian APAC
Address
910 S Acadian Thruway, Baton Rouge, LA 70806
Preparer
Michael B Loveless CPA
Phone
2259273760
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The School accounts for income taxes in accordance with FASB ASC 740-10, Accounting for Uncertainty in Income Taxes. Management believes it has no material uncertain tax positions and, accordingly, has not recognized a liability for any unrecognized tax benefits.

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IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0783353
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt09408
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05318
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014726
IRS990ScheduleD/ExpensesSubtotalAmt0955910
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt018565
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04103
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt022668
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013333
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt114444
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Long term debt
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Short term debt
IRS990ScheduleD/RevenueSubtotalAmt01032750
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The School accounts for income taxes in accordance with FASB ASC 740-10, Accounting for Uncertainty in Income Taxes. Management believes it has no material uncertain tax positions and, accordingly, has not recognized a liability for any unrecognized tax benefits.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt027973
IRS990ScheduleD/TotalExpensesPerForm990Amt0955910
IRS990ScheduleD/TotalLiabilityAmt027777
IRS990ScheduleD/TotalRevenuePerForm990Amt01032750
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01032750
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0955910
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0DURING FISCAL YEAR 15-16, BR BRIDGE RECEIVED LOCAL, STATE, AND FEDERAL FUNDING UNDER A VARIETY OF PROGRAMS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1Nondiscriminatory policy is listed on enrollment forms, all brochures and printed media, and on the website.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc3Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The President and Treasurer were presented with a copy of the filing for review. The 990 is made available to other board members upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONTAINED IN EMPLOYEE HANDBOOK AND UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
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IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalCompGreaterThan150KInd0false
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IRS990/TotalEmployeeCnt09
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0846188
IRS990/TotalFunctionalExpensesGrp/TotalAmt0955910
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0140682
IRS990/TotalLiabilitiesEOYAmt082776
IRS990/TotalLiabilitiesGrp/BOYAmt0140682
IRS990/TotalLiabilitiesGrp/EOYAmt082776
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1124
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt075716
IRS990/TotalProgramServiceExpensesAmt0846188
IRS990/TotalProgramServiceRevenueAmt0783353
IRS990/TotalReportableCompFromOrgAmt070396
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0783353
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01032750
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0139558
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0158492
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X

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