Bond Family Foundation
Bond Family Foundation consistently files IRS 990s, showing fluctuating revenues and expenses, with no reported officer compensation.
EIN: 208100744 · Wheaton, IL · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.2M |
| Total Expenses | $508K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $5.5 |
| Net Assets | $5.4M |
| Transparency Score | 85/100 |
Is Bond Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bond Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bond Family Foundation
Bond Family Foundation (EIN: 208100744) is a nonprofit organization based in Wheaton, IL, classified under NTEE code T20. The organization reported total revenue of $4.2M and total assets of $6.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bond Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bond Family Foundation is a mid-size nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -15.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $160K |
| Total Expenses | $508K |
| Surplus / Deficit | $-347,356 |
| Total Assets | $5.5M |
| Total Liabilities | $93K |
| Net Assets | $5.4M |
| Operating Margin | -216.4% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 128.9 months |
Financial Health Grade: B
In 2023, Bond Family Foundation reported a deficit of $347K with expenses exceeding revenue, holds 128.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Bond Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -15.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -86.7% | -3.8% | -6.3% |
| 2022 | +423.4% | -25.6% | +12.8% |
| 2021 | -17.9% | -13.4% | -8.5% |
| 2020 | -82.9% | -37.5% | -8.3% |
| 2019 | +215.0% | +61.2% | +13.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bond Family Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Bond Family Foundation allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $347K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are either uncompensated volunteers or their compensation is covered by other entities, which is a positive sign for minimizing administrative overhead relative to the organization's size and asset base of approximately $5.5 million to $6.6 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Bond Family Foundation's IRS 990 filings:
- Frequent years where expenses exceed revenue, indicating reliance on asset drawdowns (e.g., 2023: $160,493 revenue vs. $507,849 expenses).
Strengths
The following positive indicators were identified for Bond Family Foundation:
- Consistent IRS 990 filing history, demonstrating transparency.
- No reported officer compensation across all filings, suggesting low executive overhead.
- Stable asset base (ranging from $5.4M to $6.6M) provides long-term financial stability for grant-making.
- Significant revenue surpluses in some years (e.g., 2022: $1.2M revenue) help to offset deficits in others.
Frequently Asked Questions about Bond Family Foundation
Is Bond Family Foundation a legitimate charity?
Bond Family Foundation (EIN: 208100744) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $4.2M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Bond Family Foundation spend its money?
Bond Family Foundation directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Bond Family Foundation tax-deductible?
Bond Family Foundation is registered as a tax-exempt nonprofit (EIN: 208100744). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bond Family Foundation CEO make?
Bond Family Foundation's highest-compensated officer earns $5.5 annually. The organization reported $4.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bond Family Foundation's spending goes to programs?
Bond Family Foundation directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bond Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Bond Family Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bond Family Foundation located?
Bond Family Foundation is headquartered in Wheaton, Illinois and files with the IRS under EIN 208100744. It is classified under NTEE code T20.
How many years of IRS 990 filings does Bond Family Foundation have?
Bond Family Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.2M in total revenue.
What is the primary purpose of the Bond Family Foundation?
Based on its NTEE code T20 (Private Grantmaking Foundations), the primary purpose of the Bond Family Foundation is to make grants to other organizations or individuals to further charitable causes.
How does the Bond Family Foundation sustain its operations given years with expenses exceeding revenue?
The foundation sustains its operations by drawing from its substantial asset base, which has ranged from $5.4 million to $6.6 million. Years with significant revenue surpluses, such as 2022 ($1.2M revenue vs. $0.5M expenses), help to replenish these assets, allowing the foundation to continue its grant-making activities even in years with deficits.
Is the Bond Family Foundation transparent with its finances?
Yes, the Bond Family Foundation demonstrates good financial transparency through its consistent and timely filing of IRS Form 990s for ten consecutive periods, making its financial data publicly accessible.
Filing History
IRS 990 filing history for Bond Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Bond Family Foundation's revenue has declined by 86.8%, moving from $1.2M to $160K. Total assets decreased by 14.5% over the same period, from $6.4M to $5.5M. Total functional expenses fell by 54.1%, from $1.1M to $508K. In its most recent filing year (2023), Bond Family Foundation reported a deficit of $347K, with expenses exceeding revenue. The organization holds $93K in liabilities against $5.5M in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $5.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $160K | $508K | $5.5M | $93K | — | View 990 |
| 2022 | $1.2M | $528K | $5.8M | $78K | — | View 990 |
| 2021 | $230K | $710K | $5.2M | $65K | — | View 990 |
| 2020 | $280K | $819K | $5.6M | $72K | — | View 990 |
| 2019 | $1.6M | $1.3M | $6.2M | $9K | — | View 990 |
| 2015 | $520K | $813K | $5.4M | $9K | — | View 990 |
| 2014 | $463K | $1.1M | $5.8M | $7K | — | View 990 |
| 2013 | $1.2M | $746K | $6.4M | $0 | — | View 990 |
| 2012 | $223K | $542K | $6.0M | $0 | — | View 990 |
| 2011 | $1.2M | $1.1M | $6.4M | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $160K, expenses of $508K, and assets of $5.5M (revenue -86.7% year-over-year).
- 2022: Revenue of $1.2M, expenses of $528K, and assets of $5.8M (revenue +423.4% year-over-year).
- 2021: Revenue of $230K, expenses of $710K, and assets of $5.2M (revenue -17.9% year-over-year).
- 2020: Revenue of $280K, expenses of $819K, and assets of $5.6M (revenue -82.9% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.3M, and assets of $6.2M (revenue +215.0% year-over-year).
- 2015: Revenue of $520K, expenses of $813K, and assets of $5.4M (revenue +12.1% year-over-year).
- 2014: Revenue of $463K, expenses of $1.1M, and assets of $5.8M (revenue -60.6% year-over-year).
- 2013: Revenue of $1.2M, expenses of $746K, and assets of $6.4M (revenue +426.5% year-over-year).
- 2012: Revenue of $223K, expenses of $542K, and assets of $6.0M (revenue -81.7% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.1M, and assets of $6.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bond Family Foundation:
Data Sources and Methodology
This transparency report for Bond Family Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.