THE ORANGE DUFFEL BAG INITIATIVE INC

EIN: 271845671 501(c)(3) Youth Development

ATLANTA, GA

Total Revenue
$470,780
Total Expenses
$471,828
Total Assets
$347,010
Net Assets
$294,495
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
GA
Principal Officer
MICHAEL DALY
Phone
8005985150
Tax Period
2023-01-01 to 2023-12-31

THE ORANGE DUFFEL BAG INITIATIVE INC, founded in 2010, is a small nonprofit in the Youth Development sector that reported $471K in total revenue in fiscal year 2023.

Mission

ODBI SERVES ACADEMICALLY AND ECONOMICALLY AT-RISK HIGH SCHOOL AND COLLEGE STUDENTS, PROVIDING PARTICIPANTS EVIDENCE AND TRAUMA-INFORMED PROGRAMS AND PROVEN METHODOLOGY OF CERTIFIED EXECUTIVE-LEVEL COACHING TO EMPOWER EACH INDIVIDUAL TOWARD SELF-ADVOCACY, SELF-RELIANCE, IMPROVED EDUCATION AND EMPLOYMENT OUTCOMES. ODBI'S SERVICES ARE A HUMAN INVESTMENT IN THE LIVES OF THESE STUDENTS, OFFERING THEM A PATHWAY OUT OF POVERTY THROUGH SELF-EXPLORATION, IMPROVED CRITICAL THINKING, ACCESS TO TECHNOLOGY AND A FOCUS ON EDUCATION RETENTION AND COMPLETION. ODBI'S HIGH SCHOOL AND COLLEGE COACHING PROGRAMS ARE DATA-INFORMED AND INDIVIDUALLY EVALUATED, WITH KEY STUDENT OUTCOMES ACHIEVED BEING: 1) IMPROVED CRITICAL THINKING 2) IMPROVED ATTENDANCE AND GPA 3) IMPROVED SELF-ESTEEM 4) REDUCED ANGER 5) IMPROVED RETENTION AND ACADEMIC PROGRESS 6) GRADUATION ACHIEVEMENT 7) ACCELERATED CAREER EXPLORATION AND POSTSECONDARY PLANNING.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $445,511
Program Service Revenue $0
Investment Income $6,010
Other Revenue $19,259
TOTAL REVENUE $470,780

Expense Breakdown

Grants Paid $0
Salaries & Benefits $179,271
Fundraising Expenses $6,636
Program Expenses $414,860
Other Expenses $292,557
TOTAL EXPENSES $471,828

Year-over-Year Comparison

2023 2022 Change
Revenue $470,780 $481,693 0.0%
Expenses $471,828 $442,492 +0.1%
Net Income $-1,048 $39,201 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
3
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$123,271
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ECHO M GARRETT CO-FOUNDER 2.00
Director
$0 $0 $0
ELIZABETH LISLE BOARD CHAIR 5.00
Director
$0 $0 $0
JOSEPH BUSHEY BOARD VICE-CHAIR 5.00
Director
$0 $0 $0
REGGIE POPE II BOARD MEMBER EMERITUS 5.00
Director
$0 $0 $0
CHRIS CHAN BOARD SECRETARY 5.00
Director
$0 $0 $0
ALISON CHAFEE BOARD TREASURER 5.00
Director
$0 $0 $0
BRYAN BENNIGHT BOARD MEMBER 2.00
Director
$0 $0 $0
MIKE ECKER BOARD MEMBER 2.00
Director
$0 $0 $0
MARILINE GUISE BOARD MEMBER 2.00
Director
$0 $0 $0
WASIQ KABIR BOARD MEMBER 2.00
Director
$0 $0 $0
MICHAEL DALY PRESIDENT 40.00
Officer
$68,251 $0 $68,251
DIANA BLACK VICE PRESIDENT 40.00
Officer
$55,020 $0 $55,020
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $470,780 $471,828 $347,010 $-1,048
2022 $481,693 $442,492 $331,763 $39,201
2021 $518,457 $442,899 $308,817 $75,558
2020 $375,803 $362,927 $233,079 $12,876
2019 $559,505 $522,611 $185,017 $36,894
2018 $533,978 $490,495 $146,854 $43,483
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