Policybridge
- Assets
- $504.0k
- Revenue
- $370.5k
- Investments
- $0.0
- Employees
- 3
- Location
- Cleveland, OH
- Founding
- 02/2005
- Data as of
- 12/2022
- EIN
- 20-2069251
Organization Overview
Policybridge is located in Cleveland, OH. The organization was established in 2005. According to its NTEE Classification (R05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2022, Policybridge employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Policybridge is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Policybridge generated $370.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 29.3% each year . All expenses for the organization totaled $373.6k during the year ending 12/2022. While expenses have increased by 35.7% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
POLICYBRIDGE IS A RESEARCH ADVOCACY THINK ACTION TANK PROMPTING PUBLIC POLICY CHANGE FOR AFRICANAMERICANS OTHER UNDERSERVED GROUPS
Describe the Organization's Program Activity:
Part 3 - Line 4a
*POLICYBRIDGE SERVED IN A LEADERSHIP ROLE IN HEALTH IMPROVEMENT- CUYAHOGA'S (HIP-CUYAHOGA'S) CROSS SECTOR INNOVATION INITIATIVE (CSII) FUNDED BY ROBERT WOOD JOHN FOUNDATION USING COMMUNITY BASED SYSTEM DYNAMICS (CBSD) MODELING & ENGAGING COMMUNITY & OTHER SECTOR REPRESEN- TATIVES TO IDENTIFY & IMPROVE SYSTEMIC & STRUCTURAL BARRIERS TO RACIAL & HEALTH EQUITY BASED ON THE SOCIAL DETERMINANTS OF HEALTH. *POLICYBRIDGE COLLABORATING WITH UNIFY LABS TO DEVELOP & IMPLEMENT AS AN ANALYTICAL TOOL CALLED THE UNIFED EQUITY MODEL, A PREDICTIVE TOOL TO USE DATA TO DEMONSTRATE TO KEY LEADERS & DECISION-MAKERS WAYS TO MAKE MORE EQUITABLE DECISIONS ABOUT RESOURCE ALLOCATIONS & DISTRIBU- BUTION.
POLICYBRIDGE & CSU'S LEVIN COLLEGE OF URBAN AFFAIRS CO-SPONSORED A SERIES OF FOUR COMMUNITY FORUMS FOCUSED ON OUR URBAN AGENDA, "RESETTING THE TABLE." MR. MCSHEPARD MODERATED THE PANEL DISCUSSION ON 2/28/2022 WITH MORE THAN 250 PARTICIPANTS. MR. MCSHEPARD & MR. BROWN MET ON 3/2/22 WITH DEAN OF LEVIN COLLEGE OF URBAN AFFAIRS, INDIA PIERCE LEE OF CLEVELAND FOUNDATION & BAIJI SHAH OF THE GREATER CLEVELAND PARTNERSHIP, TO DISCUSS WORKING TOGETHER TO IMPLEMENT THE URBAN AGENDA, ALONG WITH OTHER POTENTIAL PARTNER ORGANI- ZATIONS & THE SCHEDULING OF FUTURE MEETINGS & NEXT STEPS. MR MCSHEPARD, MR BROWN & COUNCILWOMAN STEPHANIE HOWSE WERE PANELISTS 3RD ANNUAL PROJECT 400 VIRTUAL CONFERENCE ON 3/25/22.
POLICYBRIDGE WAS INVITED TO BECOME RESEARCH PARTNERS WITH MAGENT, TOWARD EMPLOYMENT & NEW GROWTH TO DEVELOP A LETTER OF INQUIRY INCLU- DING A BUDGET & BUDGET NARRATIVE, TO WORK WITH WORKRISE, TO STUDY MAGENT'S ACCESS TO MANUFACTURING CAREERS PROGRAMS,& CAUCASIAN VS BLACK PARTICIPATION AND RETENTION RATES. "WHERE ARE THE WORKERS?" SIX FOCUS GROUPS WERE CONDUCTED TO SOLICIT INPUT FROM A GEOGRAPHICALLY BALANCED POPULATION OF WORKING AGE ADULTS IN CUYAHOGA COUNTY. THREE GROUPS WERE HELD ON THE EAST SIDE OF CLEVELAND, THREE WERE HELD ON THE WEST SIDE. OTHER NPO'S WORKED WITH PB TO ASSURE PARTICIPANTS WERE FROM RESPECTIVE CONSTITUENCIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory L Brown Executive Director | Officer | 40 | $95,500 |
Mittie Davis Jones Director | Trustee | 2 | $0 |
Sharon Sobol-Jordan Director | Trustee | 2 | $0 |
Ronald Johnson Director | Trustee | 3 | $0 |
Danny Williams Director | Trustee | 2 | $0 |
Charles J Harkness Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $322,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $326,500 |
| Total Program Service Revenue | $44,000 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $370,500 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $99,500 |
| Compensation of current officers, directors, key employees. | $22,636 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $107,888 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,166 |
| Payroll taxes | $16,268 |
| Fees for services: Management | $51,444 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,288 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $357 |
| Office expenses | $704 |
| Information technology | $5,663 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $371 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $122 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,393 |
| Insurance | $3,393 |
| All other expenses | $0 |
| Total functional expenses | $373,605 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300 |
| Savings and temporary cash investments | $491,160 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,047 |
| Net Land, buildings, and equipment | $11,490 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $503,997 |
| Accounts payable and accrued expenses | $5,268 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,268 |
| Net assets without donor restrictions | $498,729 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $503,997 |