Civic Intelligence

Parachute Bridge

EIN 84-2494736 • 501(c)3 • Stuart, FL

Revoked990-N Coverage

Profile

Assisting graduates with life learning and career planning

Revocation date: Oct 15, 2024

928 SE Weir StreetStuart, FL 34994

www.parachutebridge.org

Siviq Scores

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

Liabilities / Assets

97th percentile

2.81x

Higher debt load relative to assets than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

92nd percentile

0.55x

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

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

84th percentile

34%

Higher net margin than 84% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

90th percentile

$31,250

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 22.2% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Balance Sheet
Liabilities / Assets97th percentile

Assets

$27,384

No earlier filing loaded for comparison.

Liabilities

$76,888

No earlier filing loaded for comparison.

Net Assets

-$49,504

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue92nd percentileNet Margin84th percentile

Revenue

$140,899

No earlier filing loaded for comparison.

Expenses

$92,339

No earlier filing loaded for comparison.

Net Income

$48,560

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$100K$50K$0-$50KAssets 2021: $27,384Liabilities 2021: $76,888Net Assets 2021: -$49,5042021

Highlighted filing

2021

Assets$27,384
Liabilities$76,888
Net Assets-$49,504
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$150K$100K$50K$0Revenue 2021: $140,899Expenses 2021: $92,339Net Income 2021: $48,5602021

Highlighted filing

2021

Revenue$140,899
Expenses$92,339
Net Income$48,560
Open 2021 Filing

Filings

Most recent year

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

Open filing
Assets
$27,384
Liabilities
$76,888
Net assets
-$49,504
Revenue
$140,899
Expenses
$92,339
Net income
$48,560
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.27$0.77$0.50$1.41$0.92$0.49
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jun 1, 2020 to May 31, 2021
Signed
Feb 11, 2022
Return Version
2020v4.0
Gross Receipts
$140,899
Mission and Program Overview

Mission

Assisting graduates with life learning and career planning

Program Services

DescriptionGrantsExpenses
educational non-profit that coaches high-potential, young professionals to maximize their career trajectory.$92,339-
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RUTLEDGE LONGPresidentFT$31,250-$31,250
Filing and Contact Details

Filer

Filer Name
Parachute Bridge
EIN
84-2494736
Phone
8433646265
Address
928 SE Weir Street, Stuart, FL 34994

Signing Officer

Name
Rutledge Long
Title
President & CEO
Signed
2022-02-11
Discuss with paid preparer
Yes

Preparer

Firm
Luca
Address
2121 1st Ave North Suite 201, Birmingham, AL 35203
Preparer
Talmadge Fulmer III
Phone
2057194151
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $2456”

Other Expenses.1002

“Office Expenses $5862”

Other Expenses.1

“MEALS EXPENSE $805”

Other Expenses.2

“bank fees $213”

Total Liabilities.1006

“Payable to Officers, Directors, Etc. - Beginning $90000 Payable to Officers, Directors, Etc. - Ending $70439”

Total Liabilities.1

“PAYCHECK PROTECTION LOAN - Beginning $5892 PAYCHECK PROTECTION LOAN - Ending $5892”

Total Liabilities.2

“credit card - Beginning $3756 credit card - Ending $0”

Total Liabilities.3

“payroll taxes - Beginning $2003 payroll taxes - Ending $557”

Raw XML Appendix152 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0RUTLEDGE LONG
IRS990EZ/BooksInCareOfDetail/PhoneNum08433646265
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0928 SE Weir Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Stuart
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd034994
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03587
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt027384
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0140899
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt048560
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01803
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt03587
IRS990EZ/Form990TotalAssetsGrp/EOYAmt027384
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0140899
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-98064
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-49504
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-98064
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-49504
IRS990EZ/OccupancyRentUtltsAndMaintAmt0380
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt031250
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RUTLEDGE LONG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt09336
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ASSISTING GRADUATES WITH LIFE LEARNING AND CAREER PLANNING
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0educational non-profit that coaches high-potential, young professionals to maximize their career trajectory.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt092339
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt080820
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0101651
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt076888
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt092339
IRS990EZ/TotalProgramServiceExpensesAmt092339
IRS990EZ/TotalRevenueAmt0140899
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://www.parachutebridge.org/
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0140899
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt057856
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0198755
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0198755
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0140899
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt057856
IRS990ScheduleA/Total509Grp/TotalAmt0198755
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0140899
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt057856
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0198755
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $2456
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $5862
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEALS EXPENSE $805
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3bank fees $213
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Payable to Officers, Directors, Etc. - Beginning $90000 Payable to Officers, Directors, Etc. - Ending $70439
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PAYCHECK PROTECTION LOAN - Beginning $5892 PAYCHECK PROTECTION LOAN - Ending $5892
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6credit card - Beginning $3756 credit card - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7payroll taxes - Beginning $2003 payroll taxes - Ending $557
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Total Liabilities.1006
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Total Liabilities.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Total Liabilities.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Total Liabilities.3
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Rutledge Long
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-02-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Parachute Bridge
ReturnHeader/Filer/BusinessNameControlTxt0PARA
ReturnHeader/Filer/EIN0842494736
ReturnHeader/Filer/PhoneNum08433646265
ReturnHeader/Filer/USAddress/AddressLine1Txt0928 SE Weir Street
ReturnHeader/Filer/USAddress/CityNm0Stuart
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd034994
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0813387428
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LUCA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02121 1st Ave North Suite 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Birmingham
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd035203
ReturnHeader/PreparerPersonGrp/PhoneNum02057194151
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Talmadge Fulmer III
ReturnHeader/ReturnTs02022-02-11T05:53:47-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Rutledge
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Long
ReturnHeader/TaxPeriodBeginDt02020-06-01
ReturnHeader/TaxPeriodEndDt02021-05-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.