Civic Intelligence

Brightbridge Inc.

990 • Fiscal year 2021 • EIN 58-1494630

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 08, 2021

Organization ProfileWWW.BRIGHTBRIDGEINC.ORG

View Organization Page

506 Broad StreetChattanooga, TN 37402

(423) 424-4220

Siviq Scores

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

Liabilities / Assets

91st percentile

0.92x

Higher debt load relative to assets than 91% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Liabilities / Revenue

98th percentile

22.29x

Higher debt load relative to revenue than 98% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Net Margin

73rd percentile

28%

Higher net margin than 73% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Top Officer Pay

19th percentile

$178,479

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Asset Growth

89th percentile

41%

Faster asset growth than 89% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Revenue Growth

40th percentile

6.5%

Faster revenue growth than 40% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$72,134,549

Up $20,844,052 (+41%) from 2020

Net Assets

Up

$5,493,167

Up $847,188 (+18%) from 2020

Liabilities

Up

$66,641,382

Up $19,996,864 (+43%) from 2020

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin73rd percentile

Revenue

Up

$2,989,328

Up $182,406 (+6.5%) from 2020

Expenses

Up

$2,142,140

Up $283,831 (+15%) from 2020

Net Income

Down

$847,188

Down $101,425 (-11%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth89th percentile

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

$200M$150M$100M$50M$0Assets 2011: $8,966,121Liabilities 2011: $3,287,912Net Assets 2011: $5,678,2092011Assets 2012: $8,564,512Liabilities 2012: $5,159,780Net Assets 2012: $3,404,7322012Assets 2013: $8,540,048Liabilities 2013: $4,868,320Net Assets 2013: $3,671,7282013Assets 2014: $8,554,231Liabilities 2014: $4,693,675Net Assets 2014: $3,860,5562014Assets 2015: $8,676,441Liabilities 2015: $4,908,355Net Assets 2015: $3,768,0862015Assets 2016: $7,625,124Liabilities 2016: $4,069,017Net Assets 2016: $3,556,1072016Assets 2017: $8,023,656Liabilities 2017: $4,324,699Net Assets 2017: $3,698,9572017Assets 2018: $9,019,300Liabilities 2018: $5,270,846Net Assets 2018: $3,748,4542018Assets 2019: $21,973,043Liabilities 2019: $18,275,677Net Assets 2019: $3,697,3662019Assets 2020: $51,290,497Liabilities 2020: $46,644,518Net Assets 2020: $4,645,9792020Assets 2021: $72,134,549Liabilities 2021: $66,641,382Net Assets 2021: $5,493,1672021Assets 2022: $120,622,501Liabilities 2022: $114,211,441Net Assets 2022: $6,411,0602022Assets 2023: $141,822,282Liabilities 2023: $134,272,114Net Assets 2023: $7,550,1682023Assets 2024: $161,141,804Liabilities 2024: $151,520,657Net Assets 2024: $9,621,1472024Assets 2025: $162,669,812Liabilities 2025: $150,637,147Net Assets 2025: $12,032,6652025

Highlighted filing

2021

Assets$72,134,549
Liabilities$66,641,382
Net Assets$5,493,167
Open 2021 Filing

Operations Trend

Revenue Growth40th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $2,207,044Expenses 2011: $2,401,286Net Income 2011: -$194,2422011Revenue 2012: $2,047,454Expenses 2012: $2,020,931Net Income 2012: $26,5232012Revenue 2013: $2,065,009Expenses 2013: $1,798,013Net Income 2013: $266,9962013Revenue 2014: $2,453,082Expenses 2014: $2,263,975Net Income 2014: $189,1072014Revenue 2015: $1,664,998Expenses 2015: $1,757,468Net Income 2015: -$92,4702015Revenue 2016: $1,494,841Expenses 2016: $1,706,820Net Income 2016: -$211,9792016Revenue 2017: $1,914,638Expenses 2017: $1,771,788Net Income 2017: $142,8502017Revenue 2018: $1,970,265Expenses 2018: $1,920,768Net Income 2018: $49,4972018Revenue 2019: $1,612,964Expenses 2019: $1,455,029Net Income 2019: $157,9352019Revenue 2020: $2,806,922Expenses 2020: $1,858,309Net Income 2020: $948,6132020Revenue 2021: $2,989,328Expenses 2021: $2,142,140Net Income 2021: $847,1882021Revenue 2022: $3,473,186Expenses 2022: $2,555,293Net Income 2022: $917,8932022Revenue 2023: $6,832,470Expenses 2023: $5,693,362Net Income 2023: $1,139,1082023Revenue 2024: $10,677,807Expenses 2024: $8,606,828Net Income 2024: $2,070,9792024Revenue 2025: $10,405,323Expenses 2025: $9,379,832Net Income 2025: $1,025,4912025

Highlighted filing

2021

Revenue$2,989,328
Expenses$2,142,140
Net Income$847,188
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 8, 2021
Return Version
2020v4.1
Gross Receipts
$3,300,378
Mission and Program Overview

Mission

Promotion and assistance of economic development through business financing and providing technical assistance

501(c)(3) that promotes economic development by providing loans and technical assistance.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$36,845,931$64,250,321▲ $27,404,390
Savings and Temporary Cash Investments$13,629,280$7,385,110▼ $6,244,170
Accounts Receivable$294,522$248,125▼ $46,397
Prepaid Expenses and Deferred Charges$47,202$62,709▲ $15,507
Investments Other Securities$41,934$42,332▲ $398
Land, Buildings, and Equipment, Net$6,154$22,650▲ $16,496
Total Assets$51,290,497$72,134,549▲ $20,844,052
Other Assets Total$425,474$123,302▼ $302,172
Liabilities
Mortgage Notes Payable Secured by Investment Property$45,531,438$64,909,773▲ $19,378,335
Grants Payable$858,212$982,665▲ $124,453
Accounts Payable and Accrued Expenses$254,868$748,944▲ $494,076
Total Liabilities$46,644,518$66,641,382▲ $19,996,864
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,645,979$5,493,167▲ $847,188
Total Net Assets Fund Balance$4,645,979$5,493,167▲ $847,188
Total Liabilities and Net Assets / Fund Balance$51,290,497$72,134,549▲ $20,844,052

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$22,650$138,810$161,460
Leasehold Improvements$0$41,123$41,123
Compensation and Service Providers
Top Officer Pay19th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mike OhlmanPresidentFT$151,036$27,443$178,479
Bill PollardCEOFT$152,902$17,942$170,844
Monica BlantonSenior Vice PresidentFT$145,879$20,325$166,204
Miguel PartapController and SecretaryFT$79,209$8,315$87,524

Board Members and Trustees

NameTitle
Les RoddyChairman
Clem RenfroVice Chairman
Abby GarrisonDirector
Angela ConnerDirector
Daniel CarterDirector
Duffy FranckDirector
Gary PettyDirector
Jeff LandDirector
Jim CallihanDirector
Joe PittsDirector
Lindsay FrillingDirector
Michael OwensDirector
Jack SampleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,905,607
Investment Income
$40,025
Other Revenue
$43,696
Change in Net Assets
$847,188

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,994,403
Revenue Not Reported on Financial Statements
$-5,075
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-5,075
Total Revenue per Audited Statements
$2,994,403
Total Revenue per Form 990
$2,989,328
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,250,445
Other Expenses$891,695
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$540,608--$540,608
Current Officers, Directors, Trustees, and Key Employees$253,483$277,042-$530,525
Other Employee Benefits$165,392$13,920-$179,312
Occupancy-$120,815-$120,815
Fees for Services Other$15,137$73,330-$88,467
Advertising$63,607$13,189-$76,796
Interest$71,786--$71,786
All Other Expenses$33,051$10,770-$43,821
Insurance-$33,517-$33,517
Fees for Services Accounting$3,662$17,738-$21,400
Other Expenses$19,081$1,814-$20,895
Travel-$5,410-$5,410
Depreciation Depletion-$3,684-$3,684
Fees for Services Legal$589$2,852-$3,441
Office Expenses$453$2,683-$3,136
Total Functional Expenses$1,544,227$597,913$0$2,142,140

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,147,215
Expenses per Audited Statements$2,142,140
Total Expenses per Form 990$2,142,140
Expenses Not Reported on Form 990$5,075
Expenses Not Reported on Financial Statements$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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, Section B, Line 11B

“The form 990 is prepared by an independent public accounting firm and submitted to the president and ceo for review. After review the form 990 is then distributed to all board members before filing.”

Form 990, Part VI, Section B, Line 12C

“All board members sign a directors certification required by sba. This includes a conflict of interest policy. Board members are expected to abstain from voting if there is a conflict of interest.”

Form 990, Part VI, Section B, Line 15

“Compensation of the executive director and key employees are subject to review and approval of the board of directors.”

Form 990, Part VI, Section C, Line 19

“Documents open to public inspection are available at the office upon request.”

Filing and Contact Details

Filer

Filer Name
Brightbridge Inc
EIN
58-1494630
Phone
4234244220
Address
506 BROAD STREET, CHATTANOOGA, TN 37402

Signing Officer

Name
Bill Pollard
Title
CEO
Phone
4234244227
Signed
2021-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bill Pollard
Formed
1981
Legal Domicile
Tn
Voting Board Members
14
Independent Board Members
13
Employees
11
Volunteers
18

Preparer

Firm
Mauldin & Jenkins LLC
Address
200 W MLK BLVD STE 1100, CHATTANOOGA, TN 37402-1239
Preparer
Christian Bennett
Phone
4237566133
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“Oversight of our audit, review of our financial statements, and selection of our independent accountants is assumed by the full board.”

Financial Statement Notes

PART X, LINE 2:

“The organization accounts for income taxes in accordance with income tax accounting guidance in asc topic 740. The organization follows the statutory requirements for its income tax accounting and generally avoids risks associated with potentially problematic tax positions that may be challenged upon examination. Management believes any liability resulting from taxing authorities imposing additional income taxes from activities deemed to be unrelelated to the organization's non-taxable status would not have a material effect on the organization's consolidated financial statements. With few exceptions, the organization is no longer subject to tax examinations by tax authorities for years before 2018.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“RENTAL EXPENSES -5,075.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“RENTAL EXPENSES 5,075.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14SENIOR VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt15CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt16CONTROLLER AND SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01981
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt040025
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantsPayableGrp/BOYAmt0858212
IRS990/GrantsPayableGrp/EOYAmt0982665
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0346000
IRS990/GrossReceiptsAmt03300378
IRS990/GrossRentsGrp/RealAmt021000
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt033517
IRS990/InsuranceGrp/TotalAmt033517
IRS990/InterestGrp/ProgramServicesAmt071786
IRS990/InterestGrp/TotalAmt071786
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt041934
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt042332
IRS990/IRPDocumentCnt024
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0179933
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06154
IRS990/LandBldgEquipBasisNetGrp/EOYAmt022650
IRS990/LandBldgEquipCostOrOtherBssAmt0202583
IRS990/LegalDomicileStateCd0TN
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IRS990/LessRentalExpensesGrp/RealAmt05075
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROMOTION AND ASSISTANCE OF GROWTH AND DEVELOPMENT OF SMALL BUSINESS CONCERNS THROUGH DIRECT FINANCING OR ASSISTANCE WITH SBA LOANS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt045531438
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt064909773
IRS990/NetAssetsOrFundBalancesBOYAmt04645979
IRS990/NetAssetsOrFundBalancesEOYAmt05493167
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt040025
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt040025
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt015925
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt015925
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04645979
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt05493167
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0120815
IRS990/OccupancyGrp/TotalAmt0120815
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02683
IRS990/OfficeExpensesGrp/ProgramServicesAmt0453
IRS990/OfficeExpensesGrp/TotalAmt03136
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0425474
IRS990/OtherAssetsTotalGrp/EOYAmt0123302
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt013920
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0165392
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0179312
IRS990/OtherExpensesGrp/Desc0LOAN CLOSING COSTS
IRS990/OtherExpensesGrp/Desc1CONSULTING FEES
IRS990/OtherExpensesGrp/Desc2PROVISION FOR BAD DEBT
IRS990/OtherExpensesGrp/Desc3TRAINING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03930
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt117219
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21814
IRS990/OtherExpensesGrp/ProgramServicesAmt0306991
IRS990/OtherExpensesGrp/ProgramServicesAmt153167
IRS990/OtherExpensesGrp/ProgramServicesAmt217220
IRS990/OtherExpensesGrp/ProgramServicesAmt319081
IRS990/OtherExpensesGrp/TotalAmt0310921
IRS990/OtherExpensesGrp/TotalAmt153167
IRS990/OtherExpensesGrp/TotalAmt234439
IRS990/OtherExpensesGrp/TotalAmt320895
IRS990/OtherRevenueMiscGrp/BusinessCd0525990
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt027771
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt027771
IRS990/OtherRevenueTotalAmt027771
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0540608
IRS990/OtherSalariesAndWagesGrp/TotalAmt0540608
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt036845931
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt064250321
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt047202
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt062709
IRS990/PrincipalOfficerNm0BILL POLLARD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0525990
IRS990/ProgramServiceRevenueGrp/BusinessCd1525990
IRS990/ProgramServiceRevenueGrp/BusinessCd2525990
IRS990/ProgramServiceRevenueGrp/BusinessCd3525990
IRS990/ProgramServiceRevenueGrp/BusinessCd4525990
IRS990/ProgramServiceRevenueGrp/Desc0MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc1LOAN INTERST INCOME
IRS990/ProgramServiceRevenueGrp/Desc2LOAN FEES
IRS990/ProgramServiceRevenueGrp/Desc3SERVICING FEES
IRS990/ProgramServiceRevenueGrp/Desc4CONSULTING FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01103996
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1865525
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2485181
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3275905
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4175000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01103996
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1865525
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2485181
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3275905
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4175000
IRS990/ProgSrvcAccomActy2Grp/Desc0SMALL BUSINESS LENDING PROGRAM - PROGRAM A PROVIDES LOANS TO SMALL AND STARTUP BUSINESSES THAT ARE LOCATED IN QUALIFIED AREAS LOANS THAT CAN BE USED FOR ACQUISITION OF LAND, LAND IMPROVEMENTS, BUILDING CONSTRUCTION, PURCHASE OF BUILDINGS, RENOVATION OF BUILDINGS, AND PURCHASE OF MACHINERY, OR EQUIPMENT. PROGRAM B PROVIDES BUSINESSES (BOTH FOR-PROFIT AND NOT-FOR-PROFIT) LOCATED IN DESIGNATED LOW-INCOME CENSUS TRACTS OR OWNED BY MEMBERS OR A TARGETED POPULATION, WHICH INCLUDES LOW-INCOME PERSONS AND ELIGIBLE MINORITIES, WITH LOANS THAT CAN BE USED FOR MOST BUSINESS PURPOSES, INCLUDING WORKING CAPITAL, FIXED ASSETS, AND OTHERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0224983
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0670591
IRS990/ProgSrvcAccomActy3Grp/Desc0NEW MARKETS TAX CREDIT - PROVIDES INDIVIDUALS LOCATED IN DESIGNATED LOW INCOME CENSUS TRACKS WITH LOANS TO PURCHASE PRIMARY RESIDENCE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0301449
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt01279297
IRS990/ProgSrvcAccomActyOtherGrp/Desc0GEORGIA RURAL DEVELOPMENT RELENDING FUND - PROVIDES SMALL AND STARTUP BUSINESSES THAT ARE LOCATED IN QUALIFIED AREAS LOANS THAT CAN BE USED FOR ACQUISITION OF LAND, LAND IMPROVEMENTS, BUILDING CONSTRUCTION, PURCHASE OF BUILDINGS, RENOVATION OF BUILDINGS, AND PURCHASE OF MACHINERY, OR EQUIPMENT.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt03607
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt068596
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0757005
IRS990/PYOtherRevenueAmt041371
IRS990/PYProgramServiceRevenueAmt02765551
IRS990/PYRevenuesLessExpensesAmt0948613
IRS990/PYSalariesCompEmpBnftPaidAmt01101304
IRS990/PYTotalExpensesAmt01858309
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02806922
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0847188
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt015925
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0970844
IRS990/SavingsAndTempCashInvstGrp/BOYAmt013629280
IRS990/SavingsAndTempCashInvstGrp/EOYAmt07385110
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt038197
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0129504
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0167701
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt021000
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt030625
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt08446
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt09323
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt09751
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt079145
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02905607
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02765551
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01586886
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01879325
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01736585
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt010873954
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt021000
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt030625
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt08446
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt09323
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt09751
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt079145
IRS990ScheduleA/InvestmentIncomeCYPct00.00700

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$72,134,549
Liabilities
$66,641,382
Net assets
$5,493,167
Revenue
$2,989,328
Expenses
$2,142,140
Net income
$847,188
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$163$151$12.0$10.4$9.38$1.03
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$161$152$9.62$10.7$8.61$2.07
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$142$134$7.55$6.83$5.69$1.14
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$121$114$6.41$3.47$2.56$0.92
2021Detailed filing. Detailed filing data is available for this year.$72.1$66.6$5.49$2.99$2.14$0.85
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$51.3$46.6$4.65$2.81$1.86$0.95
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.0$18.3$3.70$1.61$1.46$0.16
2018Summary only. Only limited summary data is available for this year.$9.02$5.27$3.75$1.97$1.92$0.05
2017Summary only. Only limited summary data is available for this year.$8.02$4.32$3.70$1.91$1.77$0.14
2016Summary only. Only limited summary data is available for this year.$7.63$4.07$3.56$1.49$1.71$0.21
2015Summary only. Only limited summary data is available for this year.$8.68$4.91$3.77$1.66$1.76$0.09
2014Summary only. Only limited summary data is available for this year.$8.55$4.69$3.86$2.45$2.26$0.19
2013Summary only. Only limited summary data is available for this year.$8.54$4.87$3.67$2.07$1.80$0.27
2012Summary only. Only limited summary data is available for this year.$8.56$5.16$3.40$2.05$2.02$0.03
2011Summary only. Only limited summary data is available for this year.$8.97$3.29$5.68$2.21$2.40$0.19