2024-02-28T14:14:15-06:00 2023-06-30 SMITH & HOWARD ADVISORY LLC 271 17TH STREET NW SUITE 1600 ATLANTA GA 30363 990 2022-07-01 582531971 TECHBRIDGE INC % BARBARA AUGUSTIN TECH 4048795414 1360 Peachtree Street 175 ATLANTA GA 30309 BARBARA AUGUSTIN COO 4048795412 2024-05-15 true BARBARA AUGUSTIN 999009999 SABRE J LINAHAN P01372980 4048746244 2024-05-15 3 2022 2023-04-26 12:10:37Z BARBARA AUGUSTIN 1360 Peachtree Street Ste 175 ATLANTA GA 30309 6522135 false X WWW.TECHBRIDGE.org X 2000 GA TO BREAK THE CYCLE OF GENERATIONAL POVERTY THROUGH THE INNOVATIVE USE OF TECHNOLOGY TO TRANSFORM NON-PROFIT AND COMMUNITY IMPACT. 9 9 48 150 0 2496135 1912834 3430070 4595482 335 -51847 -369346 -66445 5557194 6390024 0 0 0 0 3628786 3142175 0 0 679929 2795252 3256634 6424038 6398809 -866844 -8785 2577256 2896426 1415249 1743204 1162007 1153222 X TECHBRIDGE BREAKS THE CYCLE OF GENERATIONAL POVERTY THROUGH THE INNOVATIVE USE OF TECHNOLOGY TO TRANSFORM NONPROFIT AND COMMUNITY IMPACT. TECHBRIDGE'S WORK IS FOCUSED ON FOUR PILLARS: HUNGER RELIEF, HOMELESS SUPPORT, SOCIAL JUSTICE AND WORKFORCE DEVELOPMENT. TECHBRIDGE PROVIDES THOUSANDS OF NONPROFITS WHO ARE ON THE FRONTLINE OF ALLEVIATING THE CAUSES OF POVERTY WITH I.T. CONSULTING SERVICES THAT WILL ALLOW THEM TO EXPAND THE IMPACT OF THEIR MISSION FOR THE MILLIONS OF MEN, WOMEN AND CHILDREN WHO SUFFER FROM LACK OF ACCESS TO SHELTER, FOOD, EMPLOYMENT, EDUCATION, HEALTHCARE AND FINANCIAL LITERACY. false false 3015655 2759587 Technology Consulting - TechBridge performs consulting projects for nonprofit organizations to address technology needs at affordable rates. We enable nonprofits to get the tools they need to gain insight, collaborate on services and provide access to opportunity for the people they serve. 627487 574227 Technology Support - TechBridge provides technology product hosting, support and maintenance to nonprofit organizations at affordable rates. We enable nonprofits to get the tools they need to gain insight, collaborate on services and provide access to opportunity for the people they serve. 1378765 1261668 TECHNOLOGY CAREER PROGRAM (TCP) - TECHBRIDGE'S TECHNOLOGY CAREER PROGRAM IS A NO COST PROGRAM PROVIDING TECHNOLOGY AND BUSINESS EDUCATION FOR UNEMPLOYED OR UNDEREMPLOYED ADULTS AND YOUTH. TCP PREPARES ITS STUDENTS FOR A CAREER IN THE GROWING TECHNOLOGY MARKET. UPON GRADUATION, PARTICIPANTS INTERVIEW WITH PARTNER EMPLOYERS AND RECEIVE SIX MONTHS OF CAREER COACHING AND MENTORSHIP. TECHBRIDGE ALSO OFFERS OPPORTUNITIES FOR SELECTED INDIVIDUALS TO WORK IN JOBS THAT PROVIDE THEM WITH ON-THE-JOB TRAINING, SKILLS AND EXPERIENCE NEEDED FOR A CAREER IN THE TECHNOLOGY MARKET OR TECHNOLOGY-ADJACENT ROLES. 5021907 true true false false false false false false false false true false false true true true true false false false true false false false true false false false false true false false false false false false false false false false false false false false false false false true 101 0 true 48 true false false false false false true true false false false false false false X 9 9 false false false false false false false true true false false true true true true true true true false false GA X BARBARA AUGUSTIN 4048795414 1360 PEACHTREE STREET SUITE 175 ATLANTA GA 30309 X Nicole Armstrong CEO (ended March 2023) 40.0 0.0 X 291200 0 29023 Manish Misri Chief Technology Officer 40.0 0.0 X 181200 0 35296 Barbara Augustin Chief People/Operating Officer 40.0 0.0 X 137563 0 38341 Karen Cramer Chief Community Impact Officer 40.0 0.0 X 131200 0 38249 Richard Rose Director of Engineering 40.0 0.0 X 141200 0 20898 Jahari Soward Chief of Pships (thru 01/2023) 40.0 0.0 X 136200 0 13684 John Hutchins Board Chair 2.0 0.0 X 0 0 0 Scott McGlaun Vice Chair 2.0 0.0 X 0 0 0 Paige Needling Treasurer 2.0 0.0 X 0 0 0 Ruth Davila Secretary 2.0 0.0 X 0 0 0 Greg Arthur Director 1.0 0.0 X 0 0 0 Keith Boone Director 1.0 0.0 X 0 0 0 Andre Dickens Director 1.0 0.0 X 0 0 0 Jimmy Etheredge Director 1.0 0.0 X 0 0 0 Susan Walsh Director 1.0 0.0 X 0 0 0 Scott Geller Director 1.0 0.0 X 0 0 0 Clint Bailey CEO (BEGINNING MARCH 2023) 40.0 0.0 X 0 0 0 1018563 0 175491 7 false true false ZURATI SOFTWARE SERVICES PVT LTD 2 FOCUS BLDG NEAR BALEWADI PHATA PUNE 0 IN 411045Q TECHNOLOGY 366136 ACTIVE PRODUCTION AND DESIGN 1300 LOGAN CIRCLE NW ATLANTA GA 30318 EVENT PRODUCTION 191801 STRATEGIC DIRECTIONS CONSULTING LLC 5916 3RD ST N ARLINGTON VA 22203 PROJECT MANAGEMENT 147929 EXAVALU 5000 BIRCH STREET SUITE 3000 NEWPORT BEACH CA 92660 TECHNOLOGY 133212 SILVERTONE IT CONSULTING LLC PO BOX 391444 SNELLVILLE GA 30039 TECHNOLOGY 126280 5 468440 1444394 5013 1912834 PROJECTS 541519 4595482 4595482 4595482 1021 1021 0 0 0 0 0 0 52868 -52868 -52868 -52868 11289 468440 79243 -67954 -67954 0 0 0 0 0 0 OTHER REVENUE 1509 1509 1509 6390024 4595482 -118292 0 0 0 0 285763 193198 41645 50920 0 2293936 1550876 334301 408759 0 353715 239138 51548 63029 208761 141138 30424 37199 0 0 51241 51241 0 0 0 62478 14834 35686 11958 58158 4248 53910 79400 2500 56722 20178 0 0 157086 106202 22893 27991 9070 5189 1914 1967 0 0 33473 33473 0 289007 279932 9075 20280 20280 CONSULTING 2482206 2482206 BANK & PAYROLL FEES 14194 2423 7762 4009 MEALS 41 23 9 9 6398809 5021907 696973 679929 X 338065 452087 0 0 100000 0 750659 474330 0 0 0 0 0 0 0 0 28156 154577 2002554 656195 1360376 1346359 0 0 0 0 0 0 0 0 0 469073 2577256 2896426 510229 428942 0 0 755020 572804 0 0 0 0 0 0 0 0 150000 250000 0 491458 1415249 1743204 X 336171 631935 825836 521287 1162007 1153222 2577256 2896426 -8785 X false true X true false X 2115907 2280318 3378259 2496135 1912834 12183453 2180983 2058117 2947610 3430070 4595482 15212262 42003 203642 11289 256934 0 0 4296890 4338435 6367872 6129847 6519605 27652649 111349 95000 687486 1009113 884203 2787151 48790 48790 111349 143790 687486 1009113 884203 2835941 24816708 334 4414 1329 335 1021 7433 0 334 4414 1329 335 1021 7433 0 3834 284 1509 5627 4297224 4346683 6369201 6130466 6522135 27665709 0.89702 0.91147 0.00027 0.00032 X PART III, SECTION A, LINE 1 In May 2020, the Organization obtained a Small Business Administration ("SBA") loan under the Paycheck Protection Program Flexibility Act ("PPPFA") totaling $390,780. The Paycheck Protection Program ("PPP") loan bore interest at 1.00%, and would have required repayments under certain circumstances. Under the terms of the Coronavirus Aid, Relief, and Economic Securities Act (the "Cares Act"), the Organization may apply with the lending institution for PPP loan proceeds used within a specified time period to be forgiven, provided the proceeds are used to cover certain payroll and other costs as defined by the Cares Act. During 2020, the Organization utilized $316,085 of PPP funding on qualifying expenses and accordingly recorded this amount as grant revenue within the statement of activities. At June 30, 2020, the remaining unspent amount of $74,695 was reported as a refundable advance in the accompanying statement of financial position. This balance was utilized during 2021 and recognized as revenue within the statement of activities. In September 2021, the Organization was notified that the SBA approved its application for complete loan forgiveness. In April 2021, the Organization obtained another SBA loan under the second round of PPP totaling $456,737. The PPP loan bears interest at 1% and would have required repayments under certain circumstances. Under the Cares Act, the Organization may apply with the lending institution for PPP loan proceeds used within a specified time period to be forgiven, provided the proceeds are used to cover certain payroll and other costs as defined by the Cares Act. During 2021, the Organization utilized all funding on qualifying expenses and accordingly recorded this amount as grant revenue within the statement of activities. On January 28, 2022, the Organization was notified that the SBA approved its application for complete loan forgiveness. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 79465 59494 19971 1923089 596701 1326388 1346359 ROU ASSET 469073 469073 0 LEASE LIABILITY 491458 491458 X 6983855 514588 79243 593831 6390024 6390024 6992640 514588 79243 593831 6398809 6398809 ASC 740 FOOTNOTE The Organization is classified as an exempt organization under the Internal Revenue Code Section 501(c)(3), and as such, no provision for income taxes has been provided. The Organization annually evaluates all federal and state income tax positions. This process includes an analysis of whether these income tax positions the Organization takes meet the definition of an uncertain tax position under the Income Taxes Topic of the Financial Accounting Standards Codification. The Organization is no longer subject to tax examinations for tax years ending before June 30, 2020. PART XI, line 2d: OTHER AMOUNTS INCLUDED ON LINE 1 BUT NOT ON FORM 990 FUNDRAISING EXPENSES INCLUDED ON FORM 990, PART VIII, LINE 8B: $79,243 PART XII, Line 2d: OTHER AMOUNTS INCLUDED ON LINE 1 BUT NOT FORM 990 FUNDRAISING EXPENSES INCLUDED ON FORM 990, PART VIII, LINE 8B: $79,243 South Asia 0 3 Program Services technology services 435922 0 3 0 3 435922 435922 false false false false false false DIGITAL EVENT 344044 337281 6763 27000 6763 750 7138 GOLF EVENT 111579 109385 2194 26120 3 24106 21774 2332 2333 9139 479729 468440 11289 27000 9096 750 42397 79243 -67954 1360 PEACHTREE STREET SUITE 175 ATLANTA GA 30309 X X X false false false false false false false true false Nicole Armstrong CEO (ended March 2023) 240000 0 50000 0 1200 0 8275 0 21467 0 320942 0 0 0 Karen Cramer Chief Community Impact Officer 120000 0 10000 0 1200 0 3900 0 34863 0 169963 0 0 0 Manish Misri Chief Technology Officer 160000 0 20000 0 1200 0 5400 0 30513 0 217113 0 0 0 Barbara Augustin Chief People/Operating Officer 131463 0 5000 0 1100 0 4094 0 34817 0 176474 0 0 0 Richard Rose Director of Engineering 130000 0 10000 0 1200 0 4200 0 17209 0 162609 0 0 0 PART I, LINE 7 THE ORGANIZATION PAID BONUSES TO INDIVIDUAL EMPLOYEES BASED ON PERFORMANCE. PART VI, LINE 8B COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY: THE COMMITTEES OF THE BOARD FUNCTION AS REVIEW COMMITTEES AND DO NOT HAVE INDEPENDENT "AUTHORITY TO ACT ON ITS BEHALF." RECOMMENDATIONS FOR DECISIONS COME OUT OF THE COMMITTEE FOR BOARD APPROVAL. THE COMPENSATION COMMITTEE WAS FORMED TO HANDLE CEO COMPENSATION ISSUES AND THERE IS DOCUMENTATION FOR THOSE MEETINGS. Part VI, Line 11A THE TECHBRIDGE MANAGEMENT (CEO AND CONTROLLER) WORKED WITH THE ACCOUNTING FIRM, SMITH & HOWARD ADVISORY, LLC, TO PREPARE AND REVIEW THE 990. UPON THE COMPLETION OF THE FORM 990, IT WAS SENT IN ITS ENTIRETY TO THE FINANCE COMMITTEE FOR REVIEW PRIOR TO SUBMISSION TO THE IRS. A COPY WAS DISTRIBUTED TO THE ENTIRE BOARD PRIOR TO FILING. Part VI, Line 12C HOW THE ORGANIZATION MONITORS ITS CONFLICT OF INTEREST POLICY PER THE CONFLICT OF INTEREST POLICY: "IT IS THE POLICY OF TECHBRIDGE, INC. ("TECHBRIDGE") THAT EACH MEMBER OF THE BOARD OF DIRECTORS DISCLOSES TO THE BOARD ALL ACTUAL AND POTENTIAL CONFLICTS OF INTEREST. DISCLOSURE WILL BE MADE BY SUBMITTING TO THE EXECUTIVE DIRECTOR A LIST OF ALL BUSINESS OR OTHER ORGANIZATIONS OF WHICH THE DIRECTOR OR HIS OR HER SPOUSE OR MINOR CHILDREN IS AN OFFICER, MEMBER, MORE THAN 10% STOCKHOLDER, DIRECTOR, OWNER, PARTNER, OR EMPLOYEE OR FOR WHICH HE OR SHE ACTS AS AN AGENT, WITH WHICH TECHBRIDGE HAS DONE BUSINESS IN THE LAST FIVE (5) YEARS OR IS LIKELY TO DO BUSINESS WITH IN THE FUTURE. AN UPDATED STATEMENT WILL BE SUBMITTED EACH YEAR. A DIRECTOR WILL BE DEEMED TO HAVE AN INTEREST IN ANY TRANSACTION INVOLVING A BUSINESS OR ORGANIZATION WHICH IS OR SHOULD BE INCLUDED IN HIS OR HER WRITTEN NOTICE. THE CHAIRMAN OR THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS WILL BE RESPONSIBLE FOR BECOMING FAMILIAR WITH THE STATEMENTS OF ALL BOARD MEMBERS. IF ANY MATTER COMES BEFORE THE BOARD OF DIRECTORS CONCERNING A BUSINESS RELATIONSHIP BETWEEN TECHBRIDGE AND ANY PARTY IN WHICH A DIRECTOR OR THE SPOUSE OR MINOR CHILDREN OF SUCH DIRECTOR HAS AN INTEREST OR WHICH OTHERWISE MAY GIVE RISE TO A CONFLICT OF INTEREST BETWEEN THE DIRECTOR AND TECHBRIDGE, THE AFFECTED DIRECTOR WILL DISCLOSE THE POTENTIAL CONFLICT, WHETHER LISTED IN HIS OR HER WRITTEN STATEMENT OR NOT. THE DIRECTOR WILL ANSWER ANY QUESTIONS OTHER DIRECTORS MAY HAVE AND THEN WITHDRAW FROM ANY MEETING AND WILL NOT PARTICIPATE IN ANY VOTE ON ANY MATTER THAT IMPLICATES THE DISCLOSED CONFLICT OF INTEREST. IF THE DIRECTOR FAILS TO WITHDRAW VOLUNTARILY, THE BOARD CHAIR IS EMPOWERED TO REQUIRE AND WILL REQUIRE THAT THE DIRECTOR WITHDRAW DURING BOTH THE DISCUSSION AND THE VOTE ON THE MATTER. IF THE POTENTIAL CONFLICT OF INTEREST AFFECTS THE CHAIR, THEN THE VICE CHAIR IS EMPOWERED TO REQUIRE AND WILL REQUIRE THAT THE CHAIR WITHDRAW IN THE SAME MANNER. FOR THE DURATION OF DISCUSSION AND ACTION ON THE MATTER, THE VICE CHAIR WILL PRESIDE. IF THE MATTER IS THE ITEM OF BUSINESS FOR WHICH A SPECIAL MEETING OF THE BOARD OF DIRECTORS WAS CALLED, THE AFFECTED DIRECTOR WILL NOT BE COUNTED TO ESTABLISH A QUORUM, NOR WILL HE OR SHE PARTICIPATE IN THE DELIBERATIONS OR VOTE ON IT." Part VI, Line 15A PROCESS FOR DETERMINING CEO COMPENSATION - THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR OVERSEESNG THE CEO'S COMPENSATION. THE CEO, IN CONJUNCTION WITH THE EXECUTIVE COMMITTEE AND BOARD, DEVELOPED A PLAN OF INITIATIVES AND REPORTED AGAINST THAT PLAN (WITH ITS CHANGES BASED ON EXPERIENCE) IN THE MONTHLY REPORT. IN ADDITION, THE CEO PROVIDED THE EXECUTIVE COMMITTEE A SUMMARY OF ACCOMPLISHMENTS. A BOARD COMPENSATION COMMITTEE EXISTS TO OVERSEE CEO COMPENSATION. FOR THE ANNUAL REPORTING PERIODS, CEO REPORTED ACCOMPLISHMENTS VS PLAN FOR THE ORGANIZATION. BONUS RECOMMENDATIONS WERE MADE BASED UPON ACCOMPLISHMENTS AND TECHBRIDGE'S FINANICAL PERFORMANCE. THESE WERE REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE. THE CEO'S SALARY CONTINUES TO BE WITHIN THE NONPROFIT RANGE FOR CEO'S, EVEN GIVEN THE FACT THAT TECHBRIDGE IS IN THE TECHNOLOGY SECTOR AND REQUIRES SPECIFIC TECHNOLOGY EXPERIENCE AND EXPERTISE. Part VI, Line 19 DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.