Civic Intelligence

Word Is Bond

990 • Fiscal year 2021 • EIN 83-1843221

Jul 01, 2020 to Jun 30, 2021 • Filed on Jan 31, 2023

Organization ProfileWWW.MYWORDISBOND.ORG
522 NW 23rd Avenue No Ste JPortland, OR 97210

(608) 843-5259

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

75th percentile

0.07x

Higher debt load relative to assets than 75% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

75th percentile

0.06x

Higher debt load relative to revenue than 75% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

90th percentile

58%

Higher net margin than 90% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

94th percentile

$58,333

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 22.8% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Balance Sheet
Liabilities / Assets75th percentile

Assets

$211,167

No earlier filing loaded for comparison.

Net Assets

$196,488

No earlier filing loaded for comparison.

Liabilities

$14,679

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin90th percentile

Revenue

$255,729

No earlier filing loaded for comparison.

Expenses

$106,814

No earlier filing loaded for comparison.

Net Income

$148,915

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$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

2021

Assets$211,167
Liabilities$14,679
Net Assets$196,488
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this 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

2021

Revenue$255,729
Expenses$106,814
Net Income$148,915
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jan 31, 2023
Return Version
2020v4.2
Gross Receipts
$255,729
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$47,573$211,167▲ $163,594
Rtn Earn Endowment Incm Other Fnds$47,573$196,488▲ $148,915
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$47,573$211,167▲ $163,594
Liabilities
Accounts Payable and Accrued Expenses-$14,679-
Total Liabilities$0$14,679▲ $14,679
Net Assets / Fund Balance
Total Net Assets Fund Balance$47,573$196,488▲ $148,915
Total Liabilities and Net Assets / Fund Balance$47,573$211,167▲ $163,594
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Lakayana DruryExecutive DirectorFT$58,333$58,333
Revenue and Support

Revenue Composition

Contributions and Grants
$240,729
Program Service Revenue
$15,000
Investment Income
$0
Other Revenue
$0
All Other Contributions
$240,729
Change in Net Assets
$148,915
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$75,551
Other Expenses$31,263
Total Fundraising Expense$12,719
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$54,730$3,421$10,262$68,413
All Other Expenses$4,044$2,656$1,386$8,086
Fees for Services Other$7,522--$7,522
Payroll Taxes$5,710$357$1,071$7,138
Other Expenses$1,917$333-$2,250
Advertising$81$815-$896
Insurance-$465-$465
Travel$7--$7
Total Functional Expenses$80,601$13,494$12,719$106,814
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
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.”

Filing and Contact Details

Filer

Filer Name
Word Is Bond
EIN
83-1843221
Phone
6088435259
Address
522 NW 23RD AVENUE NO STE J, PORTLAND, OR 97210

Signing Officer

Name
Lakayana Drury
Title
Executive Director
Phone
6088435259
Signed
2023-01-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lakayana Drury
Formed
2018
Legal Domicile
Or
Voting Board Members
5
Independent Board Members
5
Employees
4
Volunteers
0

Preparer

Firm
Sensiba San Filippo Llp
Address
499 SW UPPER TERRACE DR SUITE A, BEND, OR 97702
Preparer
Monic Ramirez
Phone
5413887888
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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/ProgSrvcAccomActy2Grp/Desc0WORD UP IS OUR SCHOOL YEAR PROGRAM RUNNING FROM SEPTEMBER THROUGH MAY ANNUALLY. WORD UP HOSTS COMMUNITY EDUCATION PROJECTS LED BY OUR YOUTH LEADERS INCLUDING KNOW YOUR RIGHTS TRAININGS FOR LOCAL, MIDDLE, AND HIGH SCHOOLS, COMMUNITY ENGAGEMENT TRAININGS TO LOCAL LAW ENFORCEMENT AGENCIES, AND DIVERSITY, EQUITY, AND INCLUSION TRAININGS TO COMMUNITY GROUPS. YOU CAN LEARN MORE ABOUT THESE TRAININGS ON OUR SERVICES PAGE.AMBASSADORS ALSO PARTICIPATE IN OUR MENTOR PROGRAM AND ENGAGE IN ALL PRO SOCIAL EVENTS THAT SUPPORT THEIR GROWTH AND EXPAND THEIR WORLDVIEW. FUTURE PROJECTS FOR OUR WORD UP PROGRAM INCLUDE A SPRING BREAK LEADERSHIP TRIP.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 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/ExplanationTxt1THE 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/ExplanationTxt2THE 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/ExplanationTxt3NO 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/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OR
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt047573
IRS990/TotalAssetsEOYAmt0211167
IRS990/TotalAssetsGrp/BOYAmt047573
IRS990/TotalAssetsGrp/EOYAmt0211167
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0240729
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt012719
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt013494
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt080601
IRS990/TotalFunctionalExpensesGrp/TotalAmt0106814
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt014679
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt014679
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt047573
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0196488
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt015000
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt015000
IRS990/TotalProgramServiceExpensesAmt080601
IRS990/TotalProgramServiceRevenueAmt015000
IRS990/TotalReportableCompFromOrgAmt058333
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt015000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0255729
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt047573
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0211167
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt07
IRS990/TravelGrp/TotalAmt07
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0522 NW 23 AVE SUITE J
IRS990/USAddress/CityNm0PORTLAND
IRS990/USAddress/StateAbbreviationCd0OR
IRS990/USAddress/ZIPCd097210
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.MYWORDISBOND.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-03-07 01:45:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LAKAYANA DRURY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06088435259
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-01-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WORD IS BOND
ReturnHeader/Filer/BusinessNameControlTxt0WORD
ReturnHeader/Filer/EIN0831843221
ReturnHeader/Filer/PhoneNum06088435259
ReturnHeader/Filer/USAddress/AddressLine1Txt0522 NW 23RD AVENUE NO STE J
ReturnHeader/Filer/USAddress/CityNm0PORTLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
ReturnHeader/Filer/USAddress/ZIPCd097210
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0942370906
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SENSIBA SAN FILIPPO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0499 SW UPPER TERRACE DR SUITE A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BEND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd097702
ReturnHeader/PreparerPersonGrp/PhoneNum05413887888
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MONIC RAMIREZ
ReturnHeader/ReturnTs02023-02-15T15:01:04-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LAKAYANA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DRURY
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$211,167
Liabilities
$14,679
Net assets
$196,488
Revenue
$255,729
Expenses
$106,814
Net income
$148,915
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.14$0.16$0.02$3.55$4.00$0.44
2023Detailed filing. Detailed filing data is available for this year.$0.51$0.09$0.43$1.21$3.39$2.18
2022Detailed filing. Detailed filing data is available for this year.$2.90$0.29$2.61$2.83$2.19$0.64
2021Detailed filing. Detailed filing data is available for this year.$2.11$0.15$1.96$2.56$1.07$1.49