Be a positive advocate for minority contractors to increase their standing in the industry

501(c)(3) charity; gifts are tax-deductible.
69¢ of each $1 spent went to programs.
Run by 5 volunteers and 4 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $229K a year · 15% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
69%
of spending
Fine: 69% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$467K
to officers and key staff · 19% of spending
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
5 mo
of spending, in cash
Looks good: 5.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $73K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$333K
18% of total assets
Looks good: liabilities are 18% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.5M
+26% vs prior year
Spent
$2.5M
To programs
69%
Net assets
$1.5M
By yearFY2020–FY2024
Revenue
$2.5M
FY2024▲ +26%
Tap a bar for its year
Revenue by fiscal year
FY2020$437K
FY2021$812K
FY2022$2.1M
FY2023$2.0M
FY2024$2.5M
Expenses
$2.5M
FY2024▲ +13%
Tap a bar for its year
Expenses by fiscal year
FY2020$293K
FY2021$537K
FY2022$1.3M
FY2023$2.2M
FY2024$2.5M
Net assets
$1.5M
FY2024▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2020$469K
FY2021$745K
FY2022$1.6M
FY2023$1.4M
FY2024$1.5M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

69 cents of each dollar spent went to programs.

Program services 69% · $1.7M Management & general 22% · $540K Fundraising 9% · $225K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990; $467K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director of Bbao
$169,748Pt VII · Sec A
President & CEO
$169,330Pt VII · Sec A
Chief Operating Officer
$127,690Pt VII · Sec A
Board of Directors, Member
$0Pt VII · Sec A
Board of Directors, Chair
$0Pt VII · Sec A
Board of Directors, Member
$0Pt VII · Sec A
Board of Directors, Vice Chair
$0Pt VII · Sec A
Board of Directors, Treasurer/Secretary
$0Pt VII · Sec A

Lance Randall’s $170K as Executive Director of Bbao is at the 74th percentile of top reported officer pay among 1245 $1–10M employment 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 · 4 named individuals · Part VII

NameFY2024FY2023FY2022
Lance Randall$169,748$145,000—
Nate McCoy$169,330$156,859$145,254
Molly Washington—$101,382$128,433
Cinna'mon Williams$127,690$112,923—

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 Namc Oregon executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Advocates for minority contractors to improve their industry standing.

Questions for Namc Oregon

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Provided by the organization

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1 program · $1.7M · in their own filed words · FY2024
01

Provide assistance to minority contractors to enhance their image and ability to successfully bid on contracts in the portland area.

$1.7Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
1803 FundFY2024$10K
Total grants receivedfrom 3 funders$73K
See all 3 funders →
Grants paid · 2 grants · $264K · 2024–2024
Black Business Association of OregonFY2024$10,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$2.5M
Ln 12
Gifts and grantsLn 1h$1.8M
Fees for servicesLn 2g$659K
Investment incomeLn 3$10K
Money outPt IX
$2.5M
Ln 25
Programscol B$1.7M
Managementcol C$540K
Fundraisingcol D$225K
Owns and owesPt X
$1.5M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$1.8M
LiabilitiesLn 26$333K
PeoplePt VI, VII
8
listed · VII A
PaidVII A3
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.8M
Government grantsLn 1e$589K
Noncash giftsLn 1g$14K
Fundraising eventsLn 1c$202K
Fees for servicesLn 2g$659K
Investment incomeLn 3$10K
Total revenueLn 12$2.5M
Assets in detailPt X, end of year
CashLn 1$403K
SavingsLn 2$680K
Cash and savings togetherLn 1–2$1.1M
Land, buildings, equipmentLn 10c$44K
Other assetsLn 15$61K
Total assetsLn 16$1.8M
LiabilitiesLn 26$333K
Net assetsLn 32$1.5M
OperationsPt I, VI
EmployeesI 54
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.6M$1.1M
Land, buildings, equipmentLn 10c$59K$44K
Total assetsLn 16$2.2M$1.8M
LiabilitiesLn 26$758K$333K
Net assetsLn 32$1.4M$1.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$296K$296K
Benefits paid to or for membersLn 4$27K$27K
Pay of current officers, directors and key staffLn 5$169K$112K$38K$19K
Other salaries and wagesLn 7$1.0M$674K$231K$116K
Other employee benefitsLn 9$87K$58K$20K$10K
Payroll taxesLn 10$125K$82K$28K$14K
Management feesLn 11a$158K$158K
Legal feesLn 11b$2K$390$2K
Accounting feesLn 11c$92K$17K$75K
Professional fundraising feesLn 11e$3K$3K
Other fees for servicesLn 11g$8K$1K$7K
Advertising and promotionLn 12$68K$54K$15K
Office expensesLn 13$104K$28K$62K$14K
OccupancyLn 16$114K$69K$30K$15K
Conferences, conventions and meetingsLn 19$77K$33K$29K$15K
Depreciation, depletion and amortizationLn 22$27K$13K$9K$5K
InsuranceLn 23$21K$13K$8K
Other expenses (24a–d)Ln 24$47K$47K
All other expensesLn 24e$4K$4K
Total functional expensesLn 25$2.5M$1.7M$540K$225K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $2.5M$2.5M$26K$1.5M 990 PDF
FY2023 $2.0M$2.2M−$191K$1.4M 990 PDF
FY2022 $2.1M$1.3M$888K$1.6M 990 PDF
FY2021 $812K$537K$276K$745K 990 PDF
FY2020 $437K$293K$144K$469K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $2,477,220 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,172,333$1,842,366
I-9 Program service revenuePrior year $723,723$658,546
I-10 Investment incomePrior year $5,661$9,760
I-11 Other revenuePrior year $69,638−$33,452
I-12 Total revenuePrior year $1,971,355$2,477,220
I-13 Grants and similar amounts paidPrior year $33,625$295,926
I-14 Benefits paid to membersPrior year $1,256$27,479
I-15 Salaries and benefitsPrior year $1,112,622$1,402,242
I-16a Professional fundraising feesPrior year $0$3,201
I-17 Other expensesPrior year $1,014,442$722,234
I-18 Total expensesPrior year $2,161,945$2,451,082
I-19 Revenue less expensesPrior year −$190,590$26,138
Part VI · Governance 5 of 5 board members independent, 2 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $2,477,220 across 12 lines filed
VIII-1b Membership dues$207,100
VIII-1c Fundraising events$201,589
VIII-1e Government grants$588,518
VIII-1f All other contributions, gifts and grants$845,159
VIII-1g Noncash contributions (included above)$14,220
VIII-1h Total contributions, gifts and grants$1,842,366
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $658,546$658,546
VIII-3 Investment incomeExcluded from tax $9,760$9,760
VIII-6 Net rental income or lossExcluded from tax $17,700$17,700
VIII-8 Net income from fundraising eventsExcluded from tax −$71,716−$71,716
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $20,564$20,564
VIII-12 Total revenueRelated to mission $679,110 · Unrelated business $0 · Excluded from tax −$44,256$2,477,220
Part IX · Statement of functional expenses $2,451,082 across 19 lines filed
IX-1 Grants to domestic organizationsPrograms $295,926$295,926
IX-4 Benefits paid to or for membersPrograms $27,479$27,479
IX-5 Pay of current officers, directors and key staffPrograms $111,734 · Management $38,397 · Fundraising $19,199$169,330
IX-7 Other salaries and wagesPrograms $673,542 · Management $231,462 · Fundraising $115,731$1,020,735
IX-9 Other employee benefitsPrograms $57,679 · Management $19,821 · Fundraising $9,911$87,411
IX-10 Payroll taxesPrograms $82,328 · Management $28,292 · Fundraising $14,146$124,766
IX-11a Management feesPrograms $158,267$158,267
IX-11b Legal feesPrograms $390 · Management $1,762$2,152
IX-11c Accounting feesPrograms $16,576 · Management $74,924$91,500
IX-11e Professional fundraising feesFundraising $3,201$3,201
IX-11g Other fees for servicesPrograms $1,464 · Management $6,616$8,080
IX-12 Advertising and promotionPrograms $53,786 · Fundraising $14,606$68,392
IX-13 Office expensesPrograms $27,646 · Management $62,048 · Fundraising $14,242$103,936
IX-16 OccupancyPrograms $69,218 · Management $29,963 · Fundraising $14,982$114,163
IX-19 Conferences, conventions and meetingsPrograms $32,829 · Management $29,143 · Fundraising $14,572$76,544
IX-22 Depreciation, depletion and amortizationPrograms $13,128 · Management $9,393 · Fundraising $4,697$27,218
IX-23 InsurancePrograms $12,825 · Management $8,196$21,021
IX-24 Other expenses (24a–d)Programs $46,578$46,578
IX-24e All other expensesPrograms $4,383$4,383
IX-25 Total functional expensesPrograms $1,685,778 · Management $540,017 · Fundraising $225,287$2,451,082
Part X · Balance sheet $1,805,335 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $788,096$402,638
X-2 Savings and temporary cash investmentsStart of year $840,414$680,035
X-3 Pledges and grants receivableStart of year $207,000$440,650
X-4 Accounts receivableStart of year $117,440$98,943
X-9 Prepaid expenses and deferred chargesStart of year $71,770$78,392
X-10c Land, buildings and equipment, netStart of year $59,368$43,794
X-15 Other assetsStart of year $120,163$60,883
X-16 Total assetsStart of year $2,204,251$1,805,335
X-17 Accounts payable and accrued expensesStart of year $107,674$117,023
X-19 Deferred revenueStart of year $528,864$152,240
X-25 Other liabilitiesStart of year $121,829$64,050
X-26 Total liabilitiesStart of year $758,367$333,313
X-27 Net assets without donor restrictionsStart of year $1,270,884$862,958
X-28 Net assets with donor restrictionsStart of year $175,000$609,064
X-32 Total net assets or fund balancesStart of year $1,445,884$1,472,022
X-33 Total liabilities and net assetsStart of year $2,204,251$1,805,335
Part XI · Reconciliation of net assets $1,472,022 net assets at year end
XI-1 Total revenue$2,477,220
XI-2 Total expenses$2,451,082
XI-3 Revenue less expenses$26,138
XI-4 Net assets at start of year$1,445,884
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,472,022

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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