Word Is Bond
- Assets
- $290.0k
- Revenue
- $283.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Portland, OR
- Founding
- 06/2019
- Data as of
- 06/2022
- EIN
- 83-1843221
Organization Overview
Word Is Bond is located in Portland, OR. The organization was established in 2019. According to its NTEE Classification (R30) the organization is classified as: Intergroup & Race Relations, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 06/2022, Word Is Bond employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Word Is Bond is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Word Is Bond generated $283.2k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $219.1k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE WORK WITH YOUNG MEN AGES 15-20 YEARS OLD AND DO LEADERSHIP DEVELOPMENT, CAREER EXPLORATION AND PUBLIC SPEAKING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RISING LEADERS IS OUR DYNAMIC RITES-OF-PASSAGE LEADERSHIP EXPERIENCE FOR YOUNG BLACK MEN IN THE GREATER PORTLAND,OR METRO AREA. THE PAID SIX-WEEK INTERNSHIP PROGRAM IS OPEN TO YOUNG BLACK MEN AGES 16 THROUGH 21. WE HAVE CURRENTLY DEVELOPED THE FIRST AND SECOND YEARS OF THE PROGRAM.RISING LEADERS HAS BEEN HOSTED ANNUALLY SINCE THE SUMMER OF 2017. THE PROGRAM CURRENTLY CONSIST OF TWO COHORTS WITH THE FIRST YEAR COHORT FOCUSING ON ON-CALL MER EXPLORATION. RISING LEADERS IS A ONE OF A KIND PROGRAM FOR YOUNG BLACK MEN FOCUSED ON THEIR CULTURAL IDENTITY, STORYTELLING, AND EXPERIENCES THAT EXPAND THEIR WORLDVIEW. YOUTH LEADERS IN RISING LEADERS ARE KNOWN AS COMMUNITY AMBASSADORS AND ARE RECRUITED FROM SCHOOLS ACROSS THE METRO AREA.
WORD 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.
INAUGURAL WORD IS BOND SPRING LEADERSHIP FORUM IS A SEVEN DAY LEADERSHIP EXPERIENCE FOCUSED ON PUBLIC POLICY AND COLLEGE EXPLORATION. THE FORUM WILL TAKE 10 AMBASSADORS TO WASHINGTON DC FOR A MULTI-DIMENSIONAL LEADERSHIP EXPERIENCE WHERE THEY WILL COLLECT RESEARCH TO DEVELOP A PUBLIC POLICY PROPOSAL TO IMPACT A SPECIFIC ISSUE HERE IN PORTLAND. THEY WILL CONNECT WITH LOCAL LEADERS AND COMMUNITY STUDENTS DURING THE COURSE OF THE TRIP. AMBASSADORS WILL ALSO LEARN ABOUT COLLEGE OPTIONS FROM HISTORICALLY BLACK COLLEGES AND UNIVERSITIES TO TRADITIONAL COLLEGES AND UNIVERSITIES.THE GOAL OF THE SPRING LEADERSHIP FORUM IS TO EXPAND THE WORLDVIEW OF AMBASSADORS, INCREASE THEIR UNDERSTANDING OF BLACK HISTORY, TEACH THEM ABOUT PUBLIC POLICY AND APPLIED RESEARCH, INSPIRE TO PURSUE OF HIGHER EDUCATION, AND EMPOWER AMBASSADORS BELIEF IN THEMSELVES. THE SPRING LEADERSHIP FORUM IS ORGANIZED INTO DIFFERENT DAYS, EACH WITH ITS OWN FOCUS. ON ANCESTORS DAY, AMBASSADORS WILL VISIT THE SMITHSONIAN MUSEUM INCLUDING THE NATIONAL MUSEUM OF AFRICAN-AMERICAN HISTORY AND A MUSEUM OF THEIR CHOICE. DURING GOVERNMENT DAY, AMBASSADORS WILL VISIT THE US CAPITAL AND THE WHITE HOUSE.
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PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $36,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $247,236 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $283,236 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $283,236 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $89,558 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,828 |
| Payroll taxes | $9,339 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $35,278 |
| Advertising and promotion | $4,778 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,650 |
| Travel | $20,182 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $325 |
| All other expenses | $7,830 |
| Total functional expenses | $219,125 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $290,049 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $290,049 |
| Accounts payable and accrued expenses | $29,450 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $29,450 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $260,599 |
| Total liabilities and net assets/fund balances | $290,049 |