Namc Oregon FY2021 filing

Tax-deductible

Portland, OR501(c)(3)EmploymentEIN 30-0403929Revenue $812K in FY2021

On file with the IRSnamc-oregon.org2205 Ne Columbia Blvd, 97211-1930 · Portland, ORTax-exempt since Apr 2021Publicly supported — 509(a)(2)

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

501(c)(3) charity; gifts are tax-deductible.
44¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · 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
44%
of spending
Concern: 44% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
20 mo
of spending, in cash
Looks good: 20.3 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
$300K
29% of total assets
Looks good: liabilities are 29% 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
$812K
+86% vs prior year
Spent
$537K
To programs
44%
Net assets
$745K
By yearFY2020–FY2024
Revenue
$812K
FY2021▲ +86%
Tap a bar for its year
Revenue by fiscal year
FY2020$437K
FY2021$812K
FY2022$2.1M
FY2023$2.0M
FY2024$2.5M
Expenses
$537K
FY2021▲ +83%
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
$745K
FY2021▲ +59%
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 FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

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

44 cents of each dollar spent went to programs.

Program services 44% · $233K Management & general 39% · $211K Fundraising 17% · $92K

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

9 people listed on the 990.

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Board Membergeneral Counsel
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretarytreasurer
$0Pt VII · Sec A
Program Coordinator
$0Pt VII · Sec A
Chief Operating Officer
$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.

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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 · $233K · in their own filed words · FY2021
01

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

$233Kprogram 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 FY2021 990, line by line.

1The main four
Money inPt VIII
$812K
Ln 12
Gifts and grantsLn 1h$812K
Money outPt IX
$537K
Ln 25
Programscol B$233K
Managementcol C$211K
Fundraisingcol D$92K
Owns and owesPt X
$745K
net assets · Ln 32
Cash and savingsLn 1–2$909K
Total assetsLn 16$1.0M
LiabilitiesLn 26$300K
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$812K
Total revenueLn 12$812K
Assets in detailPt X, end of year
CashLn 1$786K
SavingsLn 2$123K
Cash and savings togetherLn 1–2$909K
Land, buildings, equipmentLn 10c$8K
Total assetsLn 16$1.0M
LiabilitiesLn 26$300K
Net assetsLn 32$745K
OperationsPt I, VI
EmployeesI 54
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$444K$909K
Land, buildings, equipmentLn 10c$151$8K
Total assetsLn 16$475K$1.0M
LiabilitiesLn 26$6K$300K
Net assetsLn 32$469K$745K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$5K$5K
Benefits paid to or for membersLn 4$2K$2K
Pay of current officers, directors and key staffLn 5$204K$82K$82K$41K
Other salaries and wagesLn 7$105K$42K$42K$21K
Other employee benefitsLn 9$34K$14K$14K$7K
Payroll taxesLn 10$29K$11K$11K$6K
Other fees for servicesLn 11g$87K$48K$38K
Advertising and promotionLn 12$12K$6K$6K
Office expensesLn 13$12K$4K$6K$2K
OccupancyLn 16$29K$12K$12K$6K
TravelLn 17$9$9
Conferences, conventions and meetingsLn 19$292$117$117$58
Depreciation, depletion and amortizationLn 22$3K$2K$2K
InsuranceLn 23$2K$999$999
Other expenses (24a–d)Ln 24$13K$6K$4K$4K
Total functional expensesLn 25$537K$233K$211K$92K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $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 Viewing $812K$537K$276K$745K 990 PDF
FY2020 $437K$293K$144K$469K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $812,356 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $436,986$812,356
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $436,986$812,356
I-13 Grants and similar amounts paidPrior year $1,023$4,836
I-14 Benefits paid to membersPrior year $567$1,500
I-15 Salaries and benefitsPrior year $204,760$371,787
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $86,766$158,419
I-18 Total expensesPrior year $293,116$536,542
I-19 Revenue less expensesPrior year $143,870$275,814
Part VI · Governance 5 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
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
Part VIII · Statement of revenue $812,356 across 4 lines filed
VIII-1b Membership dues$218,750
VIII-1f All other contributions, gifts and grants$593,606
VIII-1h Total contributions, gifts and grants$812,356
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$812,356
Part IX · Statement of functional expenses $536,542 across 15 lines filed
IX-1 Grants to domestic organizationsPrograms $4,836$4,836
IX-4 Benefits paid to or for membersPrograms $1,500$1,500
IX-5 Pay of current officers, directors and key staffPrograms $81,688 · Management $81,688 · Fundraising $40,844$204,220
IX-7 Other salaries and wagesPrograms $41,878 · Management $41,878 · Fundraising $20,939$104,695
IX-9 Other employee benefitsPrograms $13,689 · Management $13,690 · Fundraising $6,845$34,224
IX-10 Payroll taxesPrograms $11,459 · Management $11,459 · Fundraising $5,730$28,648
IX-11g Other fees for servicesPrograms $48,199 · Management $38,487$86,686
IX-12 Advertising and promotionPrograms $5,799 · Fundraising $5,800$11,599
IX-13 Office expensesPrograms $4,359 · Management $5,878 · Fundraising $2,192$12,429
IX-16 OccupancyPrograms $11,670 · Management $11,670 · Fundraising $5,835$29,175
IX-17 TravelManagement $9$9
IX-19 Conferences, conventions and meetingsPrograms $117 · Management $117 · Fundraising $58$292
IX-22 Depreciation, depletion and amortizationPrograms $1,630 · Management $1,629$3,259
IX-23 InsurancePrograms $999 · Management $999$1,998
IX-24 Other expenses (24a–d)Programs $5,590 · Management $3,587 · Fundraising $3,795$12,972
IX-25 Total functional expensesPrograms $233,413 · Management $211,091 · Fundraising $92,038$536,542
Part X · Balance sheet $1,044,478 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $321,136$785,680
X-2 Savings and temporary cash investmentsStart of year $123,165$123,345
X-4 Accounts receivableStart of year $30,107$127,562
X-10c Land, buildings and equipment, netStart of year $151$7,891
X-16 Total assetsStart of year $474,559$1,044,478
X-17 Accounts payable and accrued expensesStart of year $5,618$299,723
X-26 Total liabilitiesStart of year $5,618$299,723
X-27 Net assets without donor restrictionsStart of year $468,941$744,755
X-32 Total net assets or fund balancesStart of year $468,941$744,755
X-33 Total liabilities and net assetsStart of year $474,559$1,044,478
Part XI · Reconciliation of net assets $744,755 net assets at year end
XI-1 Total revenue$812,356
XI-2 Total expenses$536,542
XI-3 Revenue less expenses$275,814
XI-4 Net assets at start of year$468,941
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$744,755

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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