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
66 cents of each dollar spent went to programs.
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
7 people listed on the 990; $274K paid to officers and key staff.
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
| Name | FY2024 | FY2023 | FY2022 |
|---|---|---|---|
| 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.
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Provide assistance to minority contractos to enhance their image and ability to successfully bid on contracts in the portland area.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $909K | $1.3M |
| Land, buildings, equipmentLn 10c | $8K | $72K |
| Total assetsLn 16 | $1.0M | $1.8M |
| LiabilitiesLn 26 | $300K | $198K |
| Net assetsLn 32 | $745K | $1.6M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $11K | $11K | ||
| Benefits paid to or for membersLn 4 | $5K | $5K | ||
| Pay of current officers, directors and key staffLn 5 | $274K | $147K | $84K | $42K |
| Other salaries and wagesLn 7 | $286K | $156K | $87K | $43K |
| Other employee benefitsLn 9 | $18K | $9K | $6K | $3K |
| Payroll taxesLn 10 | $51K | $27K | $16K | $8K |
| Accounting feesLn 11c | $44K | $43K | $545 | |
| Other fees for servicesLn 11g | $172K | $170K | $2K | |
| Advertising and promotionLn 12 | $107K | $87K | $20K | |
| Office expensesLn 13 | $59K | $10K | $48K | $2K |
| OccupancyLn 16 | $46K | $26K | $13K | $7K |
| Conferences, conventions and meetingsLn 19 | $16K | $8K | $5K | $3K |
| Depreciation, depletion and amortizationLn 22 | $11K | $4K | $4K | $2K |
| InsuranceLn 23 | $8K | $4K | $4K | |
| Other expenses (24a–d)Ln 24 | $137K | $111K | $18K | $7K |
| All other expensesLn 24e | $9K | $9K | ||
| Total functional expensesLn 25 | $1.3M | $828K | $289K | $137K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $2.5M | $2.5M | $26K | $1.5M | 990 PDF |
| FY2023 | $2.0M | $2.2M | −$191K | $1.4M | 990 PDF |
| FY2022 Viewing | $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
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $2,142,171 across 11 lines filed
Part IX · Statement of functional expenses $1,254,643 across 16 lines filed
Part X · Balance sheet $1,834,487 assets, 15 lines filed
Part XI · Reconciliation of net assets $1,636,474 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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