BONDS OF UNION

EIN: 811200552 501(c)(3) Human Services

CINCINNATI, OH

Total Revenue
N/A
Total Expenses
$1,883
Total Assets
$4,881
Net Assets
$-181,415
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
OH
Principal Officer
ALULA ASFAW
Tax Period
2023-01-01 to 2023-12-31

Mission

THE MISSION OF BONDS OF UNION IS TO DEVELOP AND IMPLEMENT INNOVATIVE, HIGH-IMPACT INITIATIVES THAT INSPIRE HOPE AND CREATE OPPORTUNITY IN LOW- INCOME COMMUNITIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $1,883
TOTAL EXPENSES $1,883

Year-over-Year Comparison

2023 2022 Change
Revenue N/A $71,587 -1.0%
Expenses $1,883 $186,778 -1.0%
Net Income N/A $-115,191 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALULA ASFAW EXECUTIVE DI N/A
Officer Director
$0 $0 $0
DEBORAH WARSHAWSKY DIRECTOR N/A
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 No data $1,883 $4,881 No data
2022 $71,587 $186,778 $5,533 $-115,191
2021 $353,680 $344,801 $28,474 $8,879
2020 $164,636 $227,713 $50,195 $-63,077
2019 $126,285 $156,847 $27,004 $-30,562
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