COMMUNITY BONDS INC

EIN: 812912950 501(c)(3)

NEW HAVEN, CT

Total Revenue
$520,817
Total Expenses
$702,189
Total Assets
$1,878,575
Net Assets
$1,700,930
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
CT
Principal Officer
TASHA BLANCO
Phone
2033401116
Tax Period
2021-01-01 to 2021-12-31

COMMUNITY BONDS INC, founded in 2016, is a small nonprofit that reported $521K in total revenue in fiscal year 2021. Revenue fell 73% from the prior year — a significant decline worth monitoring. Expenses of $702K exceeded revenue, resulting in a 35% operating deficit.

Mission

TO REDUCE HARMS CAUSED BY THE PRISON SYSTEM WHILE BUILDING GRASSROOTS POWER AMONG THOSE MOST IMPACTED BY CRIMINALIZATION, HOMELESSNESS, AND DEPORTATION.

Program Service Accomplishments

Program 1
Expenses: $65,248

PRE-TRIAL DEFENSE PROGRAM: PROVIDES CHARITABLE BAIL ASSISTANCE FOR INDIVIDUALS IN PRETRIAL DETENTION IN CONNECTICUT, IT ALSO SERVES TO CONNECT INDIVIDUALS AND FAMILIES WITH COMMUNITY SUPPORT...

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PRE-TRIAL DEFENSE PROGRAM: PROVIDES CHARITABLE BAIL ASSISTANCE FOR INDIVIDUALS IN PRETRIAL DETENTION IN CONNECTICUT, IT ALSO SERVES TO CONNECT INDIVIDUALS AND FAMILIES WITH COMMUNITY SUPPORT RESOURCES.

Program 2
Expenses: $145,739

PARTICIPATORY DEFENSES AND COMMUNITY ADVOCACY:PROVIDES OPPORTUNITIES FOR INDIVIDUALS AND FAMILIES IMPACTED BY CRIMINAL LEGAL SYSTEMS TO COME TOGETHER, LEARN ABOUT THE SYSTEM, PROVIDE MUTUAL SUPPORT...

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PARTICIPATORY DEFENSES AND COMMUNITY ADVOCACY:PROVIDES OPPORTUNITIES FOR INDIVIDUALS AND FAMILIES IMPACTED BY CRIMINAL LEGAL SYSTEMS TO COME TOGETHER, LEARN ABOUT THE SYSTEM, PROVIDE MUTUAL SUPPORT, ACCESS RESOURCES THAT ASSIST WITH LEGAL, ECONOMIC, AND HEALTH CHALLENGES, AND BECOME EMPOWERED TO ENGAGE IN COMMUNITY ADVOCACY.

Program 3
Expenses: $84,053

IMMIGRANT BAIL FUND:PROVIDES CHARITABLE ASSISTANCE WITH IMMIGRATION BOND PAYMENTS FOR INDIGENT INDIVIDUALS, PRICIPALLY THOSE BASED IN CONNECTICUT, IT ALSO SERVES TO CONNECT FAMILIES WITH COMMUNITY...

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IMMIGRANT BAIL FUND:PROVIDES CHARITABLE ASSISTANCE WITH IMMIGRATION BOND PAYMENTS FOR INDIGENT INDIVIDUALS, PRICIPALLY THOSE BASED IN CONNECTICUT, IT ALSO SERVES TO CONNECT FAMILIES WITH COMMUNITY SUPPORT RESOURCES.

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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 (2021)

Revenue Breakdown

Contributions & Grants $520,352
Program Service Revenue $0
Investment Income $465
Other Revenue $0
TOTAL REVENUE $520,817

Expense Breakdown

Grants Paid $0
Salaries & Benefits $467,251
Fundraising Expenses $84,366
Program Expenses $386,790
Other Expenses $234,938
TOTAL EXPENSES $702,189

Year-over-Year Comparison

2021 2020 Change
Revenue $520,817 $1,917,749 -0.7%
Expenses $702,189 $947,413 -0.3%
Net Income $-181,372 $970,336 -1.2%
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
5
Independent Members
3
Employees
19
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
$157,128
Total Directors
5
$157,128
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEWU RICHARDSON CO PRESIDENT 50.00
Officer Director
$78,785 $0 $78,785
TASHA BLANCO CO PRESIDENT 50.00
Officer Director
$78,343 $0 $78,343
EMMA JONES DIRECTOR 1.00
Director
$0 $0 $0
KENNARD RAY DIRECTOR 1.00
Director
$0 $0 $0
JAMES JETER DIRECTOR 1.00
Director
$0 $0 $0
BRETT DAVIDSON FORMER PRESIDENT 1.00
$12,880 $925 $13,805
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
2021 $520,817 $702,189 $1,878,575 $-181,372
2020 $1,917,749 $947,413 $2,166,899 $970,336
2019 $949,320 $496,435 $1,104,678 $452,885
2019 $951,320 $471,685 $1,131,428 $479,635
2018 $390,557 $176,981 $486,181 $213,576
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