Policybridge FY2023 filing

EIN 20-2069251 Public charity (501(c)(3)) Medina, OH NTEE R05
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Revenue & expenses by yearFY2020–FY2024
Revenue
$293K
FY2023▼ -21%
Expenses
$440K
FY2023▲ +18%

Form 990 for the fiscal year ending December 2023 (IRS tax year 2023).


Promotes public policy discourse and action for African-Americans and underserved communities. For fiscal year 2023 it reported $293K in revenue, $440K in expenses, and $351K in net assets.Pt I

Type
Public charity (501(c)(3)) · Civil Rights & Advocacy
Location
Medina, OH
Website
policybridgeneo.org
Filings
5 on file (2020–2023)
Revenue
$293KFY2023
Expenses
$440K
Net assets
$351K
People
11
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Provided by the organization

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Size
$1–10M
What they do
Promotes public policy discourse and action for African-Americans and underserved communities.
Leadership
Gregory L Brown · Executive Director · $104K
Money in and out
$293K revenue, $440K expenses
Bottom line
80% program efficiency

What Funders Ask

From IRS filings

Tax-deductible?

good Yes

Per the IRS master file. Details →

Can I give now?

good No revocation on IRS record

Not on the IRS revocation list. Details →

Filing up to date?

good Filed FY2024 (typical filing lag)

Details →

Foundation funders?

good 1 funder — Burton D Morgan Foundation INC

$5K in the latest grant year. Details →

Spent on programs?

good 80% to programs

Form 990 Part IX, latest filing. Details →

Size and trend

$1–10M

↓ -21% vs prior year Details →

Where the money goes · FY2023
Total revenue
$293K
Pt VIII · Ln 12
Total expenses
$440K
Pt IX · Ln 25
Net assets
$351K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$148K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.13 Fundraising $0.08
Program efficiency
80%
of spending reaches programs
Operating runway
9.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
-50%
revenue over expenses, this year

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Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$405K
FY2023▼ -20%
Total liabilities
$54K
FY2023▲ ×10
Revenue less expensesPt I · Ln 19−$148K
Total assetsPt X · Ln 16$405K
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CPolicybridge
EINHdr · item D20-2069251
Principal addressHdr · item CMedina, OH
WebsiteHdr · item Jpolicybridgeneo.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCivil Rights & Advocacy (R05)
Ruling yearIRS BMFFeb 2005

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$103,500Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Gregory L Brown’s $108K as Executive Director is at the 29th percentile of top reported officer pay among 797 $1–10M civil rights & advocacy nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Gregory L Brown$108,300$103,500$95,500——
Gregory L Brown———$90,073$46,350

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Policybridge executive salaries →

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Mission & Programs · Part III

Where the work happens

3 program services account for $350K of program spending, described in the organization's own filed words · FY2023.
01

See schedule o* policybridge launched the urban agenda collective impact project in 2023 with several significant community partners listed below. An urban agenda is not a report or policy brief and is not a new program or initiative.

$292Kprogram expense
02

*policybridge has received funding from the cleveland black futures fund for the purpose of organization, reconfiguration for growth, and sustainability. This funding is used to support policybridge's mission of research and advocacy in the focus areas of: economic development, education, health & wellness, and social justice within the…

$36Kprogram expense
03

* policybridge was invited to become research partners with magnet, towards employment, and new growth group, to pilot and test an intervention that provides career training and wrap-around services for those underrepresented in manufacturing, including formerly incarcerated people and unemployed young people ages 18 to 24.

$22Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$278K · 95%
Program service revenue$15K · 5%
Contributions & grants95%$278K
Program service revenue5%$15K
Total revenueLn 12$293K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.13 Fundraising $0.08
Program services80%$350K
Management & general13%$55K
Fundraising8%$35K
Total functional expensesLn 25$440K

Balance Sheet

Part X · end of year
CashLn 1$349K
Total assetsLn 16$405K
Total liabilitiesLn 26$54K
Total net assetsLn 32$351K
Months of cash on handcomputed9.5

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $349K · Operating expenses/yr $440K
9.5 months
Where the money goes
Program services
Program services $350K · Total expenses $440K
80%
Management & General
Management & general $55K · Total expenses $440K
13%
Fundraising
Fundraising $35K · Total expenses $440K
8%
Cost to raise $1
Fundraising expense (3-yr avg) $33K · Solicited contributions (3-yr avg) $230K
$0.14 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $278K · Total revenue $293K
95%
Government reliance
Government grants — · Total revenue $293K
—
Earned-income share
Program service revenue $15K · Total revenue $293K
5%
Investment reliance
Investment income $0 · Total revenue $293K
0%
Program self-sufficiency
Program service revenue $15K · Total expenses $440K
3%
Growth & trend
Revenue growth (YoY)
This year $293K · Prior year $370K
-21%
Net-asset trend (YoY)
End of year $351K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $293K · Expenses $440K
-50%
Liabilities-to-Assets
Total liabilities — · Total assets $405K
—
Net-asset ratio
Net assets $351K · Total assets $405K
87%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $405K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Gregory L Brown · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $104K · Total expenses $440K
24%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $252K · Total expenses $440K
57%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 80%——
Overhead ratio 13%——
Fundraising cost ratio 12%——
Revenue growth -21%——
Legal fee ratio 0.05%——
Accounting fee ratio 4%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$5K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.0M revenue · ⤓ 990 PDF
FY2023$293K revenue · viewing · ⤓ 990 PDF
FY2022$370K revenue · ⤓ 990 PDF
FY2021$91K revenue · ⤓ 990 PDF
FY2020$672K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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