Civic Intelligence

Board Development Systems Inc

990 • Fiscal year 2023 • EIN 83-1151273

Jul 01, 2022 to Jun 30, 2023 • Filed on Jan 27, 2024

201 N Rupert Street Suite 107Fort Worth, TX 76107

(817) 994-1984

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$65,114

Up $25,328 (+64%) from 2022

Net Assets

Down

-$2,094

Down $11,942 (-121%) from 2022

Liabilities

Up

$67,208

Up $37,270 (+124%) from 2022

Revenue And Expenses

Revenue

Up

$256,566

Up $45,153 (+21%) from 2022

Expenses

Down

$268,508

Down $40,891 (-13%) from 2022

Net Income

Up

-$11,942

Up $86,044 (+88%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0-$50KAssets 2019: $21,741Liabilities 2019: $31,939Net Assets 2019: -$10,1982019Assets 2020: $6,120Liabilities 2020: $28,784Net Assets 2020: -$22,6642020Assets 2021: $124,995Liabilities 2021: $17,161Net Assets 2021: $107,8342021Assets 2022: $39,786Liabilities 2022: $29,938Net Assets 2022: $9,8482022Assets 2023: $65,114Liabilities 2023: $67,208Net Assets 2023: -$2,0942023Assets 2024: $25,231Liabilities 2024: $41,817Net Assets 2024: -$16,5862024

Highlighted filing

2023

Assets$65,114
Liabilities$67,208
Net Assets-$2,094

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2019: $189,120Expenses 2019: $199,318Net Income 2019: -$10,1982019Revenue 2020: $209,039Expenses 2020: $221,505Net Income 2020: -$12,4662020Revenue 2021: $356,505Expenses 2021: $226,007Net Income 2021: $130,4982021Revenue 2022: $211,413Expenses 2022: $309,399Net Income 2022: -$97,9862022Revenue 2023: $256,566Expenses 2023: $268,508Net Income 2023: -$11,9422023Revenue 2024: $267,973Expenses 2024: $274,101Net Income 2024: -$6,1282024

Highlighted filing

2023

Revenue$256,566
Expenses$268,508
Net Income-$11,942
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Jan 27, 2024
Return Version
2022v5.0
Gross Receipts
$256,566
Mission and Program Overview

Mission

Boardbuild has a mission to strengthen communities through the training and matching of established and emerging leaders with nonprofit boards.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable-$40,000-
Other Notes and Loans Receivable, Net-$19,700-
Cash and Non-Interest-Bearing Accounts$24,286$4,414▼ $19,872
Accounts Receivable$15,500$1,000▼ $14,500
Total Assets$39,786$65,114▲ $25,328
Liabilities
Unsecured Notes Loans Payable$28,628$38,628▲ $10,000
Accounts Payable and Accrued Expenses$1,310$28,580▲ $27,270
Total Liabilities$29,938$67,208▲ $37,270
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,848$-2,094▼ $11,942
Total Net Assets Fund Balance$9,848$-2,094▼ $11,942
Total Liabilities and Net Assets / Fund Balance$39,786$65,114▲ $25,328
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gary DoubravaDirector--$85,898$85,898
Pamela CannellPresident/ceFT$77,500-$77,500

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$91,789
Program Service Revenue
$134,777
Investment Income
$0
Other Revenue
$30,000
All Other Contributions
$88,173
Change in Net Assets
$-11,942
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$150,010
Salaries, Compensation, and Employee Benefits$118,498
Total Fundraising Expense$5,925
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$115,768--$115,768
Current Officers, Directors, Trustees, and Key Employees$59,439$15,850$3,963$79,252
Other Salaries and Wages$23,119$6,165$1,541$30,825
Fees for Services Accounting-$10,109-$10,109
Payroll Taxes$6,316$1,684$421$8,421
Information Technology$6,690$587-$7,277
Office Expenses-$5,481-$5,481
Insurance-$5,217-$5,217
Conferences and Meetings$2,326--$2,326
Advertising$2,056--$2,056
Other Expenses$1,455--$1,455
Interest-$310-$310
Travel$11--$11
Total Functional Expenses$217,180$45,403$5,925$268,508
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
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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

The form 990 is prepared by an outside cpa firm. The president & ceo review the return then provide the return to the finance committee for their review. Once the finance committee has reviewed the return, it is provided to the entire board for their review. Upon their approval, the return is prepared for signature and signed by the president of the organization prior to being filed with the irs.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy covers the board of directors. A compliance officer has been appointed by the board of directors to help monitor the conflict of interest policy. The directors are obligated to disclose any potential conflicts of interest and recuse themselves from decisions in which they may have a vested interest.

Form 990, Page 6, Part VI, Line 15A

The compensation for the president is determined using outside data. It is voted on by the independent board members and documented in writing in the minutes.

Form 990, Page 6, Part VI, Line 15B

No other officers are compensated by the filing organization.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements upon request.

Filing and Contact Details

Filer

Filer Name
Board Development Systems Inc
EIN
83-1151273
Phone
8179941984
Address
201 N RUPERT STREET SUITE 107, FORT WORTH, TX 76107
Doing Business As
Boardbuild

Signing Officer

Name
Pamela Cannell
Title
President/CEO
Phone
8179941984
Signed
2024-01-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pamela Cannell
Formed
2018
Legal Domicile
TX
Voting Board Members
12
Independent Board Members
10
Employees
2
Volunteers
13

Preparer

Firm
Sommerville & Associates Pc
Address
2726 MATLOCK RD, ARLINGTON, TX 76015
Preparer
Elaine L Sommerville CPA
Phone
8177955046
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Organization development 3,500 0 0 strategic planning 1,406 0 0 referrals 12,950 0 0 content development 31,058 0 0 consulting 66,854 0 0 total 115,768 0 0

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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt012720
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ELIZABETH WATSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PREPARED BY AN OUTSIDE CPA FIRM. THE PRESIDENT & CEO REVIEW THE RETURN THEN PROVIDE THE RETURN TO THE FINANCE COMMITTEE FOR THEIR REVIEW. ONCE THE FINANCE COMMITTEE HAS REVIEWED THE RETURN, IT IS PROVIDED TO THE ENTIRE BOARD FOR THEIR REVIEW. UPON THEIR APPROVAL, THE RETURN IS PREPARED FOR SIGNATURE AND SIGNED BY THE PRESIDENT OF THE ORGANIZATION PRIOR TO BEING FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY COVERS THE BOARD OF DIRECTORS. A COMPLIANCE OFFICER HAS BEEN APPOINTED BY THE BOARD OF DIRECTORS TO HELP MONITOR THE CONFLICT OF INTEREST POLICY. THE DIRECTORS ARE OBLIGATED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST AND RECUSE THEMSELVES FROM DECISIONS IN WHICH THEY MAY HAVE A VESTED INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE COMPENSATION FOR THE PRESIDENT IS DETERMINED USING OUTSIDE DATA. IT IS VOTED ON BY THE INDEPENDENT BOARD MEMBERS AND DOCUMENTED IN WRITING IN THE MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO OTHER OFFICERS ARE COMPENSATED BY THE FILING ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ORGANIZATION DEVELOPMENT 3,500 0 0 STRATEGIC PLANNING 1,406 0 0 REFERRALS 12,950 0 0 CONTENT DEVELOPMENT 31,058 0 0 CONSULTING 66,854 0 0 TOTAL 115,768 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0201 N RUPERT STREET SUITE 107
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0FORT WORTH
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IRS990/TotalContributionsAmt091789
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IRS990/TotalFunctionalExpensesGrp/FundraisingAmt05925
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt045403
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0217180
IRS990/TotalFunctionalExpensesGrp/TotalAmt0268508
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt029938
IRS990/TotalLiabilitiesEOYAmt067208
IRS990/TotalLiabilitiesGrp/BOYAmt029938
IRS990/TotalLiabilitiesGrp/EOYAmt067208
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