Civic Intelligence

Mended Swords Ltd.

EIN 81-1447115 • 501(c)3 • Brewster, NY

Pub. 78 Eligible990-N CoverageNTEE W30

Profile

The mission of mended swords is to develop and re-develop the warrior ethos inside all veterans and build the bonds between brothers and sisters who have served.

19 Nancy LaneBrewster, NY 10509

www.mendedswords.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

68th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE W30 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

69th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE W30 • <$500k nonprofits • Source year 2024

Net Margin

65th percentile

25%

Higher net margin than 65% of similar nonprofits.

NTEE W30 • <$500k nonprofits • Source year 2024

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE W30 • <$500k nonprofits • Source year 2024

Asset Growth

79th percentile

45%

Faster asset growth than 79% of similar nonprofits.

NTEE W30 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

79th percentile

56%

Faster revenue growth than 79% of similar nonprofits.

NTEE W30 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$66,670

Up $20,644 (+45%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$66,670

Up $20,644 (+45%) from 2023

Operations
Liabilities / Revenue69th percentileNet Margin65th percentile

Revenue

Up

$81,970

Up $29,315 (+56%) from 2023

Expenses

Up

$61,326

Up $21,034 (+52%) from 2023

Net Income

Up

$20,644

Up $8,281 (+67%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth79th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2018: $4,552Liabilities 2018: $0Net Assets 2018: $4,5522018Assets 2019: $4,299Liabilities 2019: $0Net Assets 2019: $4,2992019Assets 2020: $12,050Liabilities 2020: $4,566Net Assets 2020: $7,4842020Assets 2021: $21,526Liabilities 2021: $0Net Assets 2021: $21,5262021Assets 2022: $33,663Liabilities 2022: $0Net Assets 2022: $33,6632022Assets 2023: $46,026Liabilities 2023: $0Net Assets 2023: $46,0262023Assets 2024: $66,670Liabilities 2024: $0Net Assets 2024: $66,6702024

Highlighted filing

2024

Assets$66,670
Liabilities$0
Net Assets$66,670
Open 2024 Filing

Operations Trend

Revenue Growth79th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2018: $17,167Expenses 2018: $12,615Net Income 2018: $4,5522018Revenue 2019: $31,912Expenses 2019: $32,165Net Income 2019: -$2532019Revenue 2020: $59,071Expenses 2020: $55,886Net Income 2020: $3,1852020Revenue 2021: $65,301Expenses 2021: $51,259Net Income 2021: $14,0422021Revenue 2022: $75,247Expenses 2022: $63,110Net Income 2022: $12,1372022Revenue 2023: $52,655Expenses 2023: $40,292Net Income 2023: $12,3632023Revenue 2024: $81,970Expenses 2024: $61,326Net Income 2024: $20,6442024

Highlighted filing

2024

Revenue$81,970
Expenses$61,326
Net Income$20,644
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$66,670
Liabilities
$0
Net assets
$66,670
Revenue
$81,970
Expenses
$61,326
Net income
$20,644
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$66.7$0.00$66.7$82.0$61.3$20.6
2023Detailed filing. Detailed filing data is available for this year.$46.0$0.00$46.0$52.7$40.3$12.4
2022Detailed filing. Detailed filing data is available for this year.$33.7$0.00$33.7$75.2$63.1$12.1
2021Detailed filing. Detailed filing data is available for this year.$21.5$0.00$21.5$65.3$51.3$14.0
2020Detailed filing. Detailed filing data is available for this year.$12.1$4.57$7.48$59.1$55.9$3.19
2019Detailed filing. Detailed filing data is available for this year.$4.30$0.00$4.30$31.9$32.2$0.25
2018Detailed filing. Detailed filing data is available for this year.$4.55$0.00$4.55$17.2$12.6$4.55
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 6, 2025
Return Version
2024v5.0
Gross Receipts
$81,970
Mission and Program Overview

Mission

The mission of mended swords is to develop and re-develop the warrior ethos inside all veterans and build the bonds between brothers and sisters who have served.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$46,026$66,670▲ $20,644
Total Assets$46,026$66,670▲ $20,644
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$46,026$66,670▲ $20,644
Total Net Assets Fund Balance$46,026$66,670▲ $20,644
Total Liabilities and Net Assets / Fund Balance$46,026$66,670▲ $20,644

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$25,307$25,307
Compensation and Service Providers
Top Officer Pay94th percentile

Board Members and Trustees

NameTitle
Michael L SpeedPresident
Christopher ScrobeVP
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$81,970
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$20,644
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$61,326
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$10,066--$10,066
Travel$3,640--$3,640
Conferences and Meetings$3,236--$3,236
Insurance$1,923--$1,923
Other Expenses$1,438--$1,438
Office Expenses$1,412--$1,412
Information Technology$1,131--$1,131
Fees for Services Accounting$650--$650
All Other Expenses$267--$267
Total Functional Expenses$61,326$0$0$61,326
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Mended Swords Ltd
EIN
81-1447115
Phone
8452703823
Address
19 NANCY LANE, BREWSTER, NY 10509

Signing Officer

Name
Michael L Speed
Title
President
Phone
8452703823
Signed
2025-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael L Speed
Formed
2016
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
Schneider Financial Group Ltd
Address
824 ROUTE 6 STE 4, MAHOPAC, NY 10541
Preparer
Jonathan Schneider
Phone
8456285400
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Helping to make an impact on a veterans life.”

Raw XML Appendix271 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/GrossReceiptsAmt081970
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IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
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IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
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ReturnHeader/ReturnTs02025-05-15T13:14:15-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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