Civic Intelligence

The Better Bridal Group

EIN 81-4815040 • 501(c)3 • Berkley, MI

Profile

The better bridal group international (bbg) supports bridal store owners, enabling them to become self-sufficient entrepreneurs. Bbg offers seminars, mentoring and industry connections focused on growth and expansion.

2880 Bacon AveBerkley, MI 48072

www.betterbridalgroup.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

64th percentile

10.0%

Higher net margin than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

84th percentile

$8,000

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

69th percentile

11%

Faster asset growth than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

66th percentile

12%

Faster revenue growth than 66% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$420,835

Up $41,276 (+11%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Up

$420,835

Up $41,276 (+11%) from 2022

Operations
Liabilities / Revenue62nd percentileNet Margin64th percentile

Revenue

Up

$413,128

Up $44,050 (+12%) from 2022

Expenses

Down

$371,852

Down $33,578 (-8.3%) from 2022

Net Income

Up

$41,276

Up $77,628 (+214%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth69th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2018: $110,415Liabilities 2018: $0Net Assets 2018: $110,4152018Assets 2019: $150,827Liabilities 2019: $0Net Assets 2019: $150,8272019Assets 2020: $230,889Liabilities 2020: $0Net Assets 2020: $230,8892020Assets 2021: $415,911Liabilities 2021: $0Net Assets 2021: $415,9112021Assets 2022: $379,559Liabilities 2022: $0Net Assets 2022: $379,5592022Assets 2023: $420,835Liabilities 2023: $0Net Assets 2023: $420,8352023

Highlighted filing

2023

Assets$420,835
Liabilities$0
Net Assets$420,835
Open 2023 Filing

Operations Trend

Revenue Growth66th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2018: $210,039Expenses 2018: $99,624Net Income 2018: $110,4152018Revenue 2019: $231,902Expenses 2019: $191,589Net Income 2019: $40,3132019Revenue 2020: $194,032Expenses 2020: $113,971Net Income 2020: $80,0612020Revenue 2021: $396,285Expenses 2021: $211,264Net Income 2021: $185,0212021Revenue 2022: $369,078Expenses 2022: $405,430Net Income 2022: -$36,3522022Revenue 2023: $413,128Expenses 2023: $371,852Net Income 2023: $41,2762023

Highlighted filing

2023

Revenue$413,128
Expenses$371,852
Net Income$41,276
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$420,835
Liabilities
$0
Net assets
$420,835
Revenue
$413,128
Expenses
$371,852
Net income
$41,276
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$4.21$0.00$4.21$4.13$3.72$0.41
2022Detailed filing. Detailed filing data is available for this year.$3.80$0.00$3.80$3.69$4.05$0.36
2021Detailed filing. Detailed filing data is available for this year.$4.16$0.00$4.16$3.96$2.11$1.85
2020Detailed filing. Detailed filing data is available for this year.$2.31$0.00$2.31$1.94$1.14$0.80
2019Detailed filing. Detailed filing data is available for this year.$1.51$0.00$1.51$2.32$1.92$0.40
2018Detailed filing. Detailed filing data is available for this year.$1.10$0.00$1.10$2.10$1.00$1.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 9, 2024
Return Version
2023v5.1
Gross Receipts
$413,128
Mission and Program Overview

Mission

The better bridal group international (bbg) supports bridal store owners, enabling them to become self-sufficient entrepreneurs. Bbg offers seminars, mentoring and industry connections focused on growth and expansion.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$379,559$420,835▲ $41,276
Cash and Non-Interest-Bearing Accounts$379,559$223,997▼ $155,562
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$379,559$420,835▲ $41,276
Other Assets Total$0$196,838▲ $196,838
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$379,559$420,835▲ $41,276
Total Liabilities and Net Assets / Fund Balance$379,559$420,835▲ $41,276

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$196,838--
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Michelle McfarlandPresidentPT$8,000$8,000

Board Members and Trustees

NameTitle
Sandra GonzalezSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$413,128
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$41,276
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$362,030
Salaries, Compensation, and Employee Benefits$9,822
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$16,000--$16,000
Travel$14,480--$14,480
All Other Expenses$10,968--$10,968
Office Expenses$8,232--$8,232
Current Officers, Directors, Trustees, and Key Employees$8,000--$8,000
Fees for Services Other$4,535--$4,535
Advertising$4,489--$4,489
Insurance$2,292--$2,292
Payroll Taxes$1,822--$1,822
Total Functional Expenses$371,852$0$0$371,852
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 return is reviewed by the board at a scheduled meeting, or the review will be coordinated via e-mail to the board of directors if needed.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
The Better Bridal Group
EIN
81-4815040
Phone
2482592631
Address
2880 BACON AVE, BERKLEY, MI 48072

Signing Officer

Name
Michelle Mcfarland
Title
President
Phone
2482592631
Signed
2024-10-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle Mcfarland
Formed
2018
Legal Domicile
Mi
Voting Board Members
1
Independent Board Members
1
Employees
0
Volunteers
13

Preparer

Firm
Uhy Advisors Great Lakes Inc
Address
27725 STANSBURY BLVD SUITE 210, FARMINGTON HILLS, MI 48334
Preparer
Leonel Reyna Jr
Phone
2483550280
Raw XML Appendix289 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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ReturnHeader/BuildTS02024-10-15 13:58:12Z
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ReturnHeader/ReturnTs02024-10-14T13:09:22-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

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