Civic Intelligence

Edge Mentoring Inc.

990 • Fiscal year 2020 • EIN 47-5092582

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 13, 2021

1075 Broad Ripple Avenue Suite 207Indianapolis, IN 46220

(317) 660-1522

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.92x

Higher debt load relative to assets than 92% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

74th percentile

0.25x

Higher debt load relative to revenue than 74% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

31st percentile

-3.6%

Higher net margin than 31% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

94th percentile

$160,000

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 25.2% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

97th percentile

380%

Faster asset growth than 97% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

43rd percentile

-5.5%

Faster revenue growth than 43% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$170,558

Up $135,043 (+380%) from 2019

Net Assets

Down

$12,898

Down $22,617 (-64%) from 2019

Liabilities

Up

$157,660

Up $157,660 from 2019

Revenue

Down

$636,151

Down $36,903 (-5.5%) from 2019

Expenses

Down

$658,768

Down $165,667 (-20%) from 2019

Net Income

Up

-$22,617

Up $128,764 (+85%) from 2019

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 2016: $175,440Liabilities 2016: $0Net Assets 2016: $175,4402016Assets 2017: $215,704Liabilities 2017: $0Net Assets 2017: $215,7042017Assets 2018: $187,601Liabilities 2018: $0Net Assets 2018: $187,6012018Assets 2019: $35,515Liabilities 2019: $0Net Assets 2019: $35,5152019Assets 2020: $170,558Liabilities 2020: $157,660Net Assets 2020: $12,8982020Assets 2021: $312,120Liabilities 2021: $7,663Net Assets 2021: $304,4572021Assets 2022: $201,714Liabilities 2022: $150,500Net Assets 2022: $51,2142022Assets 2023: $42,295Liabilities 2023: $0Net Assets 2023: $42,2952023Assets 2024: $9,538Liabilities 2024: $22,500Net Assets 2024: -$12,9622024

Highlighted filing

2020

Assets$170,558
Liabilities$157,660
Net Assets$12,898

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2016: $420,582Expenses 2016: $265,142Net Income 2016: $155,4402016Revenue 2017: $466,127Expenses 2017: $425,863Net Income 2017: $40,2642017Revenue 2018: $569,127Expenses 2018: $597,230Net Income 2018: -$28,1032018Revenue 2019: $673,054Expenses 2019: $824,435Net Income 2019: -$151,3812019Revenue 2020: $636,151Expenses 2020: $658,768Net Income 2020: -$22,6172020Revenue 2021: $1,155,647Expenses 2021: $858,273Net Income 2021: $297,3742021Revenue 2022: $1,133,998Expenses 2022: $1,387,642Net Income 2022: -$253,6442022Revenue 2023: $691,845Expenses 2023: $700,764Net Income 2023: -$8,9192023Revenue 2024: $265,088Expenses 2024: $311,345Net Income 2024: -$46,2572024

Highlighted filing

2020

Revenue$636,151
Expenses$658,768
Net Income-$22,617
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 13, 2021
Return Version
2020v4.0
Gross Receipts
$848,870
Mission and Program Overview

Mission

Edge mentoring, inc. Is a faith-based nonprofit organization focused on mentoring for millenials and young professionals. Edge seeks to create intergenerational relationships between seasoned mentors who want to invest in the next generation of emerging leaders, and emerging leaders who are hungry to grow and are seeking wisdom and wise counsel.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$35,515$170,558▲ $135,043
Total Assets$35,515$170,558▲ $135,043
Liabilities
Other Liabilities-$157,660-
Total Liabilities$0$157,660▲ $157,660
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$35,515$12,898▼ $22,617
Total Net Assets Fund Balance$35,515$12,898▼ $22,617
Total Liabilities and Net Assets / Fund Balance$35,515$170,558▲ $135,043
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Todd RichardsonPresident &FT$160,000$160,000
Todd RichardsonPresident & CEO-$160,000$160,000

Board Members and Trustees

NameTitle
Doug WilsonChairman
Adam WrightDirector
Allison MelangtonDirector
Carlos WhittakerDirector
Jeff SimmonsDirector
Katie LucasDirector
Kirby GreenDirector
Michael ArgirDirector
Natalie LiteraDirector
Rick WoolworthDirector
Tim KoppDirector
Jackie MoralesExec Committ
Micah VincentExec Committ
Rob WileyExec Committ
Thomas BrattonExec Committ
Marcus HallSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$719,792
Program Service Revenue
$129,078
Investment Income
$0
Other Revenue
$-212,719
All Other Contributions
$138,365
Change in Net Assets
$-22,617
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$574,196
Other Expenses$84,572
Total Fundraising Expense$65,879
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$202,650$101,325$33,775$337,750
Current Officers, Directors, Trustees, and Key Employees$96,000$48,000$16,000$160,000
Payroll Taxes$23,511$11,756$3,919$39,186
Other Employee Benefits$20,256$10,128$3,376$33,760
Fees for Services Other$16,819$8,410$2,804$28,033
Office Expenses$5,105$2,553$851$8,509
Fees for Services Accounting$2,914$1,457$486$4,857
Travel$2,453$1,227$409$4,089
Comp Disqual Persons$2,100$1,050$350$3,500
Interest$1,763$882$294$2,939
Insurance$1,712$856$285$2,853
All Other Expenses$566$285$95$946
Fees for Services Legal$428$215$72$715
Conferences and Meetings$326$163$54$543
Other Expenses$271$135$45$451
Total Functional Expenses$395,255$197,634$65,879$658,768
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$212,719
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Edge Work$395,000-$87,514-
Edge X Conferen$99,427-$124,179-
Total Events$494,427-$212,719$-212,719
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit$150,000
Expensify Card Liability$7,660
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, Page 6, Part VI, Line 11B

A copy of form 990 is presented to all members of the board. Each member thoroughly reviews form 990 and approves prior to filing.

Form 990, Page 6, Part VI, Line 12C

The board regularly and consistently monitors compliance with the policy.

Form 990, Page 6, Part VI, Line 15A

The ceo's compensation is determined by a compensation committee and voted on and approved by the board. National benchmarks and other data is also used.

Form 990, Page 6, Part VI, Line 15B

The president and ceo, along with the chairman of the board determine the amounts based on market value and the scope of the work to be performed.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Edge Mentoring Inc
EIN
47-5092582
Address
1075 BROAD RIPPLE AVENUE SUITE 207, INDIANAPOLIS, IN 46220

Signing Officer

Name
Todd Richardson
Title
President & CEO
Signed
2021-03-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Todd Richardson
Formed
2016
Legal Domicile
In
Voting Board Members
17
Independent Board Members
16
Employees
8
Volunteers
100

Preparer

Firm
Delta Wealth Cpas & Advisors LLC
Address
8435 KEYSTONE CROSSING 250, INDIANAPOLIS, IN 46240
Preparer
Ryan W Robertson CPA
Phone
3172240220
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Edge mentoring, inc. Is a faith-based nonprofit organization focused on mentoring for millenials and young professionals. Edge seeks to create intergenerational relationships between seasoned mentors who want to invest in the next generation of emerging leaders, and emerging leaders who are hungry to grow and are seeking wisdom and wise counsel.

Form 990, Page 2, Part III, Line 4A

Edge mentoring, inc. Is equipping the next generation of godly leaders. Edge attracts and recruits high-caliber business and community leaders who have a vested interest in the next generation of emerging leaders and young professionals. Edge fosters inter-generational relationships between these stakeholders by pairing four to six mentees with a seasoned mentor. Edge provides a curriculum framework that matches the needs of those in the program. Edge seeks a transformational culture in the lives of its mentors and mentees and not a transactional experience. Edge distinguishes itself by identifying the right chemistry between mentors and mentees. For this reason, edge uses an intentional interview process to personally match every pair of individuals it places. Edge also uses a curriculum framework that provides an opportunity for seasoned leaders to invest in equipping the next generation of leaders. Edge provides the ability to affect positive change in families, companies, and communities. Edge is sharpening the impact and influence of emerging leaders personally, professionally, and spiritually through meaningful mentoring relationships. Starting in central indiana, edge has grown to include mentors and mentees in 35 different states around the united states. Beginning in 2018, edge launched several new offerings in the form of guest mentors and edge at work groups. Guest mentors is a way for leaders to engage with edge for a 3-4 hour/quarter commitment. Edge at work is a way to bring the edge model inside an individual company for whole-life mentoring to take place.

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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9EXEC COMMITT
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXEC COMMITT
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13EXEC COMMITT
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
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