Civic Intelligence

Word Is Bond

EIN 83-1843221 • 501(c)3 • Portland, OR

Profile

We work with young men ages 15-20 years old and do leadership development, career exploration, and public speaking.

522 NW 23rd Avenue Ste JPortland, OR 97210

www.mywordisbond.org

Siviq Scores

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

Liabilities / Assets

94th percentile

1.11x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

77th percentile

0.04x

Higher debt load relative to revenue than 77% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

28th percentile

-12%

Higher net margin than 28% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

99th percentile

$82,475

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 23.2% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

15th percentile

-59%

Faster asset growth than 15% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2024

Revenue Growth

65th percentile

12%

Faster revenue growth than 65% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2024

Assets

Down

$14,033

Down $37,299 (-73%) from 2023

Liabilities

Up

$15,571

Up $7,065 (+83%) from 2023

Net Assets

Down

-$1,538

Down $44,364 (-104%) from 2023

Revenue

Up

$355,218

Up $234,457 (+194%) from 2023

Expenses

Up

$399,582

Up $61,048 (+18%) from 2023

Net Income

Up

-$44,364

Up $173,409 (+80%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2021: $211,167Liabilities 2021: $14,679Net Assets 2021: $196,4882021Assets 2022: $290,049Liabilities 2022: $29,450Net Assets 2022: $260,5992022Assets 2023: $51,332Liabilities 2023: $8,506Net Assets 2023: $42,8262023Assets 2024: $14,033Liabilities 2024: $15,571Net Assets 2024: -$1,5382024

Highlighted filing

2024

Assets$14,033
Liabilities$15,571
Net Assets-$1,538

Operations Trend

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

$400K$200K$0-$200K-$400KRevenue 2021: $255,729Expenses 2021: $106,814Net Income 2021: $148,9152021Revenue 2022: $283,236Expenses 2022: $219,125Net Income 2022: $64,1112022Revenue 2023: $120,761Expenses 2023: $338,534Net Income 2023: -$217,7732023Revenue 2024: $355,218Expenses 2024: $399,582Net Income 2024: -$44,3642024

Highlighted filing

2024

Revenue$355,218
Expenses$399,582
Net Income-$44,364

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$355,218
Mission and Program Overview

Mission

We work with young men ages 15-20 years old and do leadership development, career exploration and public speaking.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$51,332$14,033▼ $37,299
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$42,826$-1,538▼ $44,364
Total Assets$51,332$14,033▼ $37,299
Liabilities
Accounts Payable and Accrued Expenses$8,506$15,571▲ $7,065
Total Liabilities$8,506$15,571▲ $7,065
Net Assets / Fund Balance
Total Net Assets Fund Balance$42,826$-1,538▼ $44,364
Total Liabilities and Net Assets / Fund Balance$51,332$14,033▼ $37,299
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lakayana DruryExecutive DirectorFT$78,583$3,892$82,475

Board Members and Trustees

NameTitle
Andrew CampbellBoard Chair
Ayman AliMember at Large
Brett BrownMember at Large
Dr Nakeia DanielsMember at Large
Elijah GrahamMember at Large
James EuscherMember at Large
Michael FaceyMember at Large
Vince ElmoreMember at Large
Yoseph UkbazghiMember at Large
Scott KorbSecretary
Simona TaylorTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$355,218
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$355,218
Change in Net Assets
$-44,364
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$245,688
Salaries, Compensation, and Employee Benefits$153,894
Total Fundraising Expense$32,561
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$43,581$26,149$17,433$87,163
Travel$79,669$1,125-$80,794
Other Salaries and Wages$6,361$37,234$8,403$51,998
Advertising$35,196$173-$35,369
All Other Expenses$12,126$7,353$1,450$20,929
Occupancy$8,602$8,602-$17,204
Fees for Services Other$12,670-$1,500$14,170
Fees for Services Accounting-$12,850-$12,850
Payroll Taxes$3,979$5,401$2,163$11,543
Other Expenses$12,564$8,590-$8,590
Office Expenses$2,538$3,960$974$7,472
Other Employee Benefits$1,595$957$638$3,190
Conferences and Meetings$235$1,867-$2,102
Insurance-$1,770-$1,770
Total Functional Expenses$250,933$116,088$32,561$399,582
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
No
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, Part VI, Section B, Line 11B

The completed 990 form was emailed to all members of the board of directors to review for errors,comments, and feedback before submitting the final version.

Form 990, Part VI, Section B, Line 12C

The board of directors has had a conflict of interest policy since our incorporation in 2018. In december of 2021, our board of directors governance committee did a review and update of the bylaws including the conflict of interest policy. The committee found numerous ways to strengthen and streamline compliance of our organization. The new bylaws were approved in january 2022.

Form 990, Part VI, Section B, Line 15A

The salary of our executive director was recently increased in our approved fy 23 budget. The salary increase was determined by a request from the executive director during the budget approval process. The salary was determined using a market research survey of executive directors in comparable positions. In addition to the salary increase, the board also approved a twice-a-year performance review process to support future salary increases.

Form 990, Part VI, Section C, Line 19

No documents were made available to the public. The board of directors will review this policy and may make such documents available in the future.

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

Lakayana drury - 522 nw 23rd ave, ste j, portland, or 97210. Andrew campbell - 4711 ne 97th ave, portland, or 97220. Simona taylor - 4903 sw 1st ave, portland, or 97239. Scott korb - 2110 nw flanders, apt #23, portland, or 97210. Vince elmore - 2401 n. Blandena st, portland, or 97217. James euscher - 380 a ave, lake oswego, or 97034. Michael facey - 110 n tomahawk island dr. Apt 419, portland, or 97217.

Filing and Contact Details

Filer

Filer Name
Word Is Bond
EIN
83-1843221
Phone
6088435259
Address
522 NW 23RD AVENUE STE J, PORTLAND, OR 97210

Signing Officer

Name
Lakayana Drury
Title
Executive Director
Phone
6088435259
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lakayana Drury
Formed
2018
Legal Domicile
Or
Voting Board Members
11
Independent Board Members
11
Employees
4
Volunteers
15

Preparer

Firm
Sensiba Llp
Address
2700 CAMINO RAMON SUITE 140, SAN RAMON, CA 94583
Preparer
Tami M Arnold
Phone
9252718700
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

See level-up, walking tours and 5k walk

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IRS990/ProgSrvcAccomActy3Grp/Desc0THE SPRING LEADERSHIP FORUM IS A ONE-WEEK IMMERSION IN WASHINGTON, D.C., FOCUSED ON PUBLIC POLICY AND COLLEGE READINESS. AMBASSADORS MEET WITH ELECTED OFFICIALS, VISIT HBCUS, AND CREATE A PUBLIC POLICY PROPOSAL, WHICH THEY PRESENT IN D.C. AND AGAIN TO THEIR LOCAL COMMUNITY. ALL TRAVEL, LODGING, AND MEALS ARE FULLY FUNDED.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0LEVEL UP SUPPORTS PERSONAL GROWTH AND LEADERSHIP DEVELOPMENT THROUGHOUT THE SCHOOL YEAR. MONTHLY PRO-SOCIAL EVENTSOPEN TO ALL YOUNG BLACK MENINCLUDE ACADEMIC SUPPORT, MENTORSHIP, DINNER, WORKSHOPS, AND DISCUSSIONS CENTERED ON LEADERSHIP. ACTIVITIES RANGE FROM MOVIE NIGHTS AND SPORTS EVENTS TO AN ANNUAL SKI TRIP TO MT. HOOD.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1IN MY SHOES IS AN INTERACTIVE COMMUNITY WALKING AND STORYTELLING PROJECT CURATED AND LED BY THE COMMUNITY AMBASSADORS OF WORD IS BOND. THE PROGRAM FOCUSES ON PUBLIC SPEAKING AND COMMUNITY ENGAGEMENT. AMBASSADORS LEARN TO DESIGN AND LEAD WALKING TOURS OF THEIR COMMUNITIES AND HISTORICAL BLACK NEIGHBORHOODS OF PORTLAND.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt017342
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt15020
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0120761
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0148750
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-217773
IRS990/PYSalariesCompEmpBnftPaidAmt0189784
IRS990/PYTotalExpensesAmt0338534
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0120761
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-44364
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt042826
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-1538
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0355218
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0120761
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0282237
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0255730
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt022742
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01036688
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.59540
IRS990ScheduleA/PublicSupportPY170Pct00.59200
IRS990ScheduleA/PublicSupportTotal170Amt0617294
IRS990ScheduleA/SubstantialContributorsTotAmt0419394
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0355218
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0120761
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0282237
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0255730
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt022742
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01036688
IRS990ScheduleA/TotalSupportAmt01036688
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SEE LEVEL-UP, WALKING TOURS AND 5K WALK
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE COMPLETED 990 FORM WAS EMAILED TO ALL MEMBERS OF THE BOARD OF DIRECTORS TO REVIEW FOR ERRORS,COMMENTS, AND FEEDBACK BEFORE SUBMITTING THE FINAL VERSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS HAS HAD A CONFLICT OF INTEREST POLICY SINCE OUR INCORPORATION IN 2018. IN DECEMBER OF 2021, OUR BOARD OF DIRECTORS GOVERNANCE COMMITTEE DID A REVIEW AND UPDATE OF THE BYLAWS INCLUDING THE CONFLICT OF INTEREST POLICY. THE COMMITTEE FOUND NUMEROUS WAYS TO STRENGTHEN AND STREAMLINE COMPLIANCE OF OUR ORGANIZATION. THE NEW BYLAWS WERE APPROVED IN JANUARY 2022.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SALARY OF OUR EXECUTIVE DIRECTOR WAS RECENTLY INCREASED IN OUR APPROVED FY 23 BUDGET. THE SALARY INCREASE WAS DETERMINED BY A REQUEST FROM THE EXECUTIVE DIRECTOR DURING THE BUDGET APPROVAL PROCESS. THE SALARY WAS DETERMINED USING A MARKET RESEARCH SURVEY OF EXECUTIVE DIRECTORS IN COMPARABLE POSITIONS. IN ADDITION TO THE SALARY INCREASE, THE BOARD ALSO APPROVED A TWICE-A-YEAR PERFORMANCE REVIEW PROCESS TO SUPPORT FUTURE SALARY INCREASES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS WERE MADE AVAILABLE TO THE PUBLIC. THE BOARD OF DIRECTORS WILL REVIEW THIS POLICY AND MAY MAKE SUCH DOCUMENTS AVAILABLE IN THE FUTURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LAKAYANA DRURY - 522 NW 23RD AVE, STE J, PORTLAND, OR 97210. ANDREW CAMPBELL - 4711 NE 97TH AVE, PORTLAND, OR 97220. SIMONA TAYLOR - 4903 SW 1ST AVE, PORTLAND, OR 97239. SCOTT KORB - 2110 NW FLANDERS, APT #23, PORTLAND, OR 97210. VINCE ELMORE - 2401 N. BLANDENA ST, PORTLAND, OR 97217. JAMES EUSCHER - 380 A AVE, LAKE OSWEGO, OR 97034. MICHAEL FACEY - 110 N TOMAHAWK ISLAND DR. APT 419, PORTLAND, OR 97217.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd01
IRS990/StatesWhereCopyOfReturnIsFldCd0OR
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt051332
IRS990/TotalAssetsEOYAmt014033
IRS990/TotalAssetsGrp/BOYAmt051332
IRS990/TotalAssetsGrp/EOYAmt014033
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0355218
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt032561
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0116088
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0250933
IRS990/TotalFunctionalExpensesGrp/TotalAmt0399582
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt08506
IRS990/TotalLiabilitiesEOYAmt015571
IRS990/TotalLiabilitiesGrp/BOYAmt08506
IRS990/TotalLiabilitiesGrp/EOYAmt015571
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt042826
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1538
IRS990/TotalOtherCompensationAmt03892
IRS990/TotalOtherProgSrvcExpenseAmt022362
IRS990/TotalProgramServiceExpensesAmt0250933
IRS990/TotalReportableCompFromOrgAmt078583
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0355218
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt051332
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt014033
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01125
IRS990/TravelGrp/ProgramServicesAmt079669
IRS990/TravelGrp/TotalAmt080794
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0522 NW 23RD AVENUE STE J
IRS990/USAddress/CityNm0PORTLAND
IRS990/USAddress/StateAbbreviationCd0OR
IRS990/USAddress/ZIPCd097210
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.MYWORDISBOND.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LAKAYANA DRURY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06088435259
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WORD IS BOND
ReturnHeader/Filer/BusinessNameControlTxt0WORD
ReturnHeader/Filer/EIN0831843221
ReturnHeader/Filer/PhoneNum06088435259
ReturnHeader/Filer/USAddress/AddressLine1Txt0522 NW 23RD AVENUE STE J
ReturnHeader/Filer/USAddress/CityNm0PORTLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
ReturnHeader/Filer/USAddress/ZIPCd097210
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00

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