Board Development Systems INC EIN 83-1151273

Board Development Systems INC FY2021 filing

Not yet claimed Claim this org →

Supports United Way of Tarrant County and Leadership Fort Worth through its operations. For fiscal year 2021 it reported $357K in revenue, $226K in expenses, and $108K in net assets.Pt I

Founded
2018
Type
Supporting organization · Public & Societal Benefit
Location
Fort Worth, TX
Filings
5 on file (2020–2021)
Revenue
$357KFY2021
Expenses
$226K
Net assets
$108K
People
13
Filings
5
Updates
0
More identity details & actions ⌄
EIN  83-1151273 Supporting organization Fort Worth, TX Founded 2018
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Board Development Systems INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Supports United Way of Tarrant County and Leadership Fort Worth through its operations.
Leadership
Pamela Cannell · President · $75K
Money in and out
$357K revenue, $226K expenses
Bottom line
+37% net inflow
Money in and out · FY2021
Total revenue
$357K
Pt VIII · Ln 12
Total expenses
$226K
Pt IX · Ln 25
Net assets
$108K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $130K
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.15 Fundraising $0.02
Net inflow
+37%
revenue over expenses, this year
Pass-through gifts
85%
of revenue from contributions
Program spending
83%
of expenses reach stated programs

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$357K
FY2021▲ +71%
Expenses
$226K
FY2021▲ +2%
Total assets
$125K
FY2021▲ ×20
Total liabilities
$17K
FY2021▼ -40%
Total revenue
$357K
Pt VIII · Ln 12
Total expenses
$226K
Pt IX · Ln 25
Net assets
$108K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$130K
Total assetsPt X · Ln 16$125K
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

1 program service account for $188K of program spending, described in the organization's own filed words · FY2020.
01

Boardbuild is an innovative pairing of robust board governance, nonprofit resource, and leadership training with the advanced matching of candidates and nonprofit board openings.

$188Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBoard Development Systems INC
EINHdr · item D83-1151273
Principal addressHdr · item CFort Worth, TX
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2018
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFPublic & Societal Benefit (W70)
Ruling yearIRS BMFJun 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$75,000Pt VII · Sec A
Director/Tre
$0Pt VII · Sec A
Director/Cha
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

TD Smyers’s $110K as CEO is at the 80th percentile of top reported officer pay among 1033 $100K–1M public & societal benefit nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021
TD Smyers$109,700
Pamela Cannell$87,729$77,500$76,250$75,000

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.

See Board Development Systems INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants$303K · 85%
Other revenue$40K · 11%
Program service revenue$14K · 4%
Contributions & grants85%$303K
Other revenue11%$40K
Program service revenue4%$14K
Investment income$1
— government grantsLn 1e$16K
Total revenueLn 12$357K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.15 Fundraising $0.02
Program services83%$188K
Management & general15%$34K
Fundraising2%$4K
Total functional expensesLn 25$226K

Balance Sheet

Part X · end of year
CashLn 1$122K
Total assetsLn 16$125K
Total liabilitiesLn 26$17K
Total net assetsLn 32$108K
Months of cash on handcomputed6.5

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $122K · Operating expenses (Pt IX) $226K · Less non-cash grants $149K · Cash operating expenses/yr $77K
19.0 months
Where the money goes
Program services
Program services $188K · Total expenses $226K
83%
Management & General
Management & general $34K · Total expenses $226K
15%
Fundraising
Fundraising $4K · Total expenses $226K
2%
Cost to raise $1
Fundraising expense (2-yr avg) $2K · Solicited contributions (2-yr avg) $248K
$0.01 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $303K · Total revenue $357K
85%
Government reliance
Government grants $16K · Total revenue $357K
4%
Earned-income share
Program service revenue $14K · Total revenue $357K
4%
Investment reliance
Investment income $1 · Total revenue $357K
<0.01%
Program self-sufficiency
Program service revenue $14K · Total expenses $226K
6%
Growth & trend
Revenue growth (YoY)
This year $357K · Prior year $209K
+71%
Net-asset trend (YoY)
End of year $108K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $357K · Expenses $226K
+37%
Liabilities-to-Assets
Total liabilities — · Total assets $125K
Net-asset ratio
Net assets $108K · Total assets $125K
86%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $125K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Pamela Cannell · Reported title PRESIDENT · Highest reported compensation $75K · Total expenses $226K
33%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $83K · Total expenses $226K
37%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 83%
Overhead ratio 15%
Fundraising cost ratio 1%
Revenue growth 71%
Legal fee ratio 0.8%
Accounting fee ratio 2%

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$136K
See all 3 funders →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$268K revenue · ⤓ 990 PDF
FY2023$257K revenue · ⤓ 990 PDF
FY2022$211K revenue · ⤓ 990 PDF
FY2021$357K revenue · viewing · ⤓ 990 PDF
FY2020$209K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.