2025-08-22T08:13:52-05:00 2024-12-31 450250958 EIDE BAILLY LLP 18081 BURT ST STE 200 OMAHA NE 680224722 990 2024-01-01 813496316 OMAHA BRIDGES OUT OF POVERTY INC OMAH 4028849665 PO BOX 540338 OMAHA NE 68154 MARCUS BELL CEO 4028849665 2025-08-21 1 1 WENDY R COOLEY CPA P01523804 4023302660 2025-08-21 2024 2025-03-06 01:10:19Z MARCUS BELL PO BOX 540338 OMAHA NE 68154 1325433 0 X OMABOP.ORG X 2016 NE WE EXIST TO EMPOWER UNDER RESOURCED INDIVIDUALS TO CHANGE THEIR LIVES BY DISCOVERING AND OVERCOMING BARRIERS TO SUCCESS. 10 10 35 76 0 0 1155995 1325433 0 0 0 0 0 0 1155995 1325433 0 0 0 0 894204 919426 0 25599 139210 480544 488094 1374748 1433119 -218753 -107686 8436 109539 8822 217611 -386 -108072 X EMPOWERING UNDER-RESOURCED FAMILIES TO CHANGE THEIR LIVES BY DISCOVERING AND OVERCOMING BARRIERS TO SUCCESS. 0 0 1006145 SINCE 2016, OUR ORGANIZATION HAS HELPED 1,804 INDIVIDUALS GRADUATE FROM THE GETTING AHEAD PROGRAM. A UNIQUE, TRANSFORMATIONAL 8 TO 9-WEEK COURSE DESIGNED TO EMPOWER LOWER-INCOME INDIVIDUALS. MORE THAN 95% OF OUR PARTICIPANTS EARN LESS THAN 200% OF THE FEDERAL POVERTY LEVEL. WE INTENTIONALLY RECRUIT AND SERVE PEOPLE WHO ARE UNDER-RESOURCED AND NAVIGATING BARRIERS RELATED TO POVERTY, EMPLOYMENT, AND STABILITY.THE CURRICULUM HELPS PARTICIPANTS EXPLORE AND STRENGTHEN THEIR SOCIAL CAPITAL WHILE BUILDING ESSENTIAL SOFT SKILLS, INCLUDING PROBLEM-SOLVING, TIME MANAGEMENT, GOAL SETTING, NEGOTIATION AND MEDIATION, PROFESSIONAL COMMUNICATION, EMOTIONAL REGULATION, AND BASIC FINANCIAL MANAGEMENT.ANNUALLY, WE GRADUATE BETWEEN 300 TO 400 PARTICIPANTS. ON AVERAGE, GRADUATES SEE A $1,500 MONTHLY INCOME INCREASE, A 50% REDUCTION IN THEIR DEBT-TO-INCOME RATIO, AND AN $8,000 ANNUAL INCREASE IN ASSETS. THROUGH OUR PROGRAMMING, WE ARE NOT ONLY CREATING A SAFER, HEALTHIER, AND MORE PRODUCTIVE OMAHA METRO AREA - WE ARE RESTORING HOPE AND OPENING DOORS TO A BETTER FUTURE. 1006145 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 35 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 X MARCUS BELL 4028849665 PO BOX 540338 OMAHA NE 68154 MARCUS BELL CEO 50.00 X 123495 0 3295 KELLY NIELSEN PRESIDENT/CHAIR 2.00 X X 0 0 0 TRAVIS SCHWARTZ VICE PRESIDENT/VICE CHAIR 2.00 X X 0 0 0 JOHN LANGWITH TREASURER 2.00 X X 0 0 0 BARRY MAJOR SECRETARY THRU 10/2024 2.00 X X 0 0 0 MEGAN CONNELLY DIRECTOR 1.00 X 0 0 0 MARCOS HERNANDEZ DIRECTOR 1.00 X 0 0 0 JAMALIA JONES DIRECTOR 1.00 X 0 0 0 CANDICE PRICE DIRECTOR 1.00 X 0 0 0 NICOLE ROBINSON DIRECTOR 1.00 X 0 0 0 TARA SLEVIN DIRECTOR 1.00 X 0 0 0 JOSEFINA LOZA DIRECTOR 1.00 X 0 0 0 123495 0 3295 1 0 0 0 0 1325433 1325433 1325433 0 0 0 126790 95092 31698 634167 546494 58775 28898 103258 76856 18820 7582 55211 39823 11032 4356 264 264 20028 14636 3791 1601 25599 25599 3794 2737 758 299 26733 19282 5342 2109 16679 12030 3333 1316 10990 7927 2196 867 37638 27148 7521 2969 4003 2887 800 316 4576 1350 2313 913 6721 4848 1343 530 PROGRAM EXPENSES 320004 230816 63943 25245 FUNDRAISING 25442 11216 10199 4027 OTHER EXPENSES 11222 8095 2242 885 1433119 1006145 287764 139210 8436 109539 8436 109539 8822 17611 125000 0 75000 8822 217611 X -386 -108072 -386 -108072 8436 109539 -107686 0 X 0 0 0 X 608114 695328 1071928 1155995 1325433 4856798 608114 695328 1071928 1155995 1325433 4856798 2146727 2710071 4856798 0.55800 0.45610 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 LINE OF CREDIT 75000 75000 X X X X X 1 FOX CREEK FUNDRAISING PO BOX 402 CARSON IA 51525 FUNDING PROSPECTING, CONSULTING, PROPOSAL DEVELOPMENT 0 652500 25599 626901 652500 25599 626901 NE IA FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTESS WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B EACH YEAR, THE FINANCE COMMITTEE REVIEWS THE DRAFT FORM 990 IN DETAIL. UPON COMPLETION OF ITS REVIEW, THE COMMITTEE RECOMMENDS ACCEPTANCE OF THE FORM 990 TO THE FULL BOARD OF DIRECTORS. THE FULL BOARD THEN REVIEWS AND APPROVES THE FORM 990 PRIOR TO ITS SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, B) HAS READ AND UNDERSTANDS THE POLICY, C) HAS AGREED TO COMPLY WITH THE POLICY, AND D) UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15 IN EARLY 2023, THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS MET TO DISCUSS AND ESTABLISH APPROPRIATE COMPENSATION FOR THE INCOMING CEO POSITION. THE COMMITTEE ENGAGED AN EXECUTIVE SEARCH FIRM TO ASSIST IN RECRUITING, HIRING, AND DETERMINING A FAIR MARKET SALARY BASED ON COMPARABLE POSITIONS WITHIN SIMILAR ORGANIZATIONS. THIS PROCESS ENSURED THAT COMPENSATION WAS ALIGNED WITH MARKET STANDARDS AND THE ORGANIZATION'S BUDGETARY CONSIDERATIONS. THE CEO COMPENSATION IS INCLUDED IN THE ORGANIZATION'S ANNUAL OPERATING BUDGET, WHICH IS REVIEWED AND APPROVED BY THE FULL BOARD OF DIRECTORS EACH FISCAL YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.