Bond Servants INC EIN 52-2374468 Form 990 (PDF) Claim this org

Bond Servants INC

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Supports needy individuals and funds youth outreach and anti-drug programs in schools. For fiscal year 2025 it reported $231K in revenue, $225K in expenses, and $247K in net assets.Pt I

Founded
2002
Type
Public charity (501(c)(3)) · Human Services
Location
Cambridge, MD
Filings
5 on file (2021–2025)
Revenue
$231KFY2025
Expenses
$225K
Net assets
$247K
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  52-2374468 Public charity (501(c)(3)) Cambridge, MD Founded 2002
Form 990 (PDF)
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Size
$100K–1M
What they do
Supports needy individuals and funds youth outreach and anti-drug programs in schools.
Leadership
Joseph Kelly · Director · $106K
Money in and out
$231K revenue, $225K expenses
Bottom line
96% program efficiency
Where the money goes · FY2025
Total revenue
$231K
Pt VIII · Ln 12
Total expenses
$225K
Pt IX · Ln 25
Net assets
$247K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $6K
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.04 Fundraising $0.01
Program efficiency
96%
of spending reaches programs▼ -0.8% vs prior filing year
Operating runway
10.7mo
months of highly liquid reserves at operating expense rate▲ +7% vs prior filing year
Surplus margin
+3%
revenue over expenses, this year▲ +150% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$231K
FY2025▲ +5%
Expenses
$225K
FY2025▼ -3%
Total assets
$247K
FY2025▲ +3%
Total liabilities
$0
FY2025
Total revenue
$231K
Pt VIII · Ln 12
Total expenses
$225K
Pt IX · Ln 25
Net assets
$247K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$6K
Total assetsPt X · Ln 16$247K
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBond Servants INC
EINHdr · item D52-2374468
Principal addressHdr · item CCambridge, MD
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2002
State of legal domicileHdr · item MMD
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFSep 2002

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$106,300Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2025FY2024FY2023FY2022FY2021
Joseph Kelly$106,300$106,300$106,300$94,587$73,054$72,504

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $215K of program spending, described in the organization's own filed words · FY2025.
01

To provide means of support for needy individuals in community and fund youth outreach and anti-drug program in schools.

$215Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$228K · 99%
Investment income$3K · 1%
Contributions & grants99%$228K
Investment income1%$3K
Total revenueLn 12$231K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.04 Fundraising $0.01
Program services96%$215K
Management & general4%$8K
Fundraising1%$2K
Total functional expensesLn 25$225K

Balance Sheet

Part X · end of year
CashLn 1$201K
Total assetsLn 16$247K
Total liabilitiesLn 26$0
Total net assetsLn 32$247K
Months of cash on handcomputed10.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $201K · Operating expenses/yr $225K
10.7 months
Where the money goes
Program services
Program services $215K · Total expenses $225K
96%
Management & General
Management & general $8K · Total expenses $225K
4%
Fundraising
Fundraising $2K · Total expenses $225K
0.7%
Cost to raise $1
Fundraising expense (3-yr avg) $2K · Solicited contributions (3-yr avg) $226K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $228K · Total revenue $231K
99%
Government reliance
Government grants — · Total revenue $231K
Earned-income share
Program service revenue $0 · Total revenue $231K
0%
Investment reliance
Investment income $3K · Total revenue $231K
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $225K
0%
Growth & trend
Revenue growth (YoY)
This year $231K · Prior year $221K
+5%
Revenue CAGR
FY2020 $255K · FY2025 $231K
-2%
Net-asset trend (YoY)
End of year $247K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $231K · Expenses $225K
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $247K
Net-asset ratio
Net assets $247K · Total assets $247K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $247K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Joseph Kelly · Reported title DIRECTOR · Highest reported compensation $106K · Total expenses $225K
47%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $106K · Total expenses $225K
47%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 96%
Overhead ratio 4%
Fundraising cost ratio 0.7%
Revenue growth 5%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$50K
See all 3 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025$221K revenue · ⤓ 990 PDF
FY2024$234K revenue · ⤓ 990 PDF
FY2023$219K revenue · ⤓ 990 PDF
FY2022$313K revenue · ⤓ 990 PDF
FY2021$255K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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