Built Oregon EIN 81-3934437

Built Oregon

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Accelerates Oregon's economic growth by supporting local entrepreneurs through startup ecosystem connections, pitch competitions, and grant funding for Black-owned businesses. For fiscal year 2024 it reported $474K in revenue, $468K in expenses, and $909K in net assets.Pt I

Type
Public charity (501(c)(3)) · Community Development
Location
Portland, OR
Website
builtoregon.com
Filings
5 on file (2020–2024)
Revenue
$474KFY2024
Expenses
$468K
Net assets
$909K
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  81-3934437 Public charity (501(c)(3)) Portland, OR
Form 990 (PDF)
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Size
$100K–1M
What they do
Accelerates Oregon's economic growth by supporting local entrepreneurs through startup ecosystem connections, pitch competitions, and grant funding for Black-owned businesses.
Leadership
Stephen Green · Director · $15K
Money in and out
$474K revenue, $468K expenses
Bottom line
86% program efficiency
Where the money goes · FY2024
Total revenue
$474K
Pt VIII · Ln 12
Total expenses
$468K
Pt IX · Ln 25
Net assets
$909K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $6K
Where spending went · Part IX cols B–D
Program services $0.86 Management & general $0.14
Program efficiency
86%
of spending reaches programs▲ +47% vs prior filing year
Operating runway
21.0mo
months of highly liquid reserves at operating expense rate▲ +17% vs prior filing year
Surplus margin
+1%
revenue over expenses, this year▼ -17% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$474K
FY2024▼ -19%
Expenses
$468K
FY2024▼ -19%
Total assets
$932K
FY2024▲ +0.9%
Total liabilities
$23K
FY2024▼ -39%
Total revenue
$474K
Pt VIII · Ln 12
Total expenses
$468K
Pt IX · Ln 25
Net assets
$909K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$6K
Total assetsPt X · Ln 16$932K
Program-expense ratioPt IX · col B86%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

3 program services account for $357K of program spending, described in the organization's own filed words · FY2024.
01

Partnering with prosper portland for the 2024 bridges accelerator program, black-owned business entrepreneurs received receive one-on-one advising from trusted business advisors, training, and other resources.

$218Kprogram expense
02

Built festival 2024 brings oregon together to promote entrepreneurship and innovation.

$118Kprogram expense
03

Pitch black event 2024 supported black businesses by providing black entrepreneurs a platform to connect with the broader startup ecosystem, while engaging in pitch competitions for award grants to promote business ideas.

$22Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBuilt Oregon
EINHdr · item D81-3934437
Principal addressHdr · item CPortland, OR
WebsiteHdr · item Jbuiltoregon.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S30)
Ruling yearIRS BMFNov 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$15,000Pt VII · Sec A
Director
$0Pt VII · Sec A
Board Vice Chair
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Stephen Green’s $15K as Director is at the 9th percentile of top reported officer pay among 1711 $100K–1M community development 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

NameFY2024FY2023FY2022FY2021FY2020
Mitch Daugherty$116,800$70,000
Mitch Daugherty$68,500$32,798
Stephen Green$25,000
Stephen Green$15,000$15,000$5,100

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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Statement of Revenue

Part VIII
Contributions & grants$451K · 95%
Program service revenue$23K · 5%
Contributions & grants95%$451K
Program service revenue5%$23K
Total revenueLn 12$474K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.86 Management & general $0.14
Program services86%$402K
Management & general14%$66K
Total functional expensesLn 25$468K

Balance Sheet

Part X · end of year
CashLn 1$820K
Total assetsLn 16$932K
Total liabilitiesLn 26$23K
Total net assetsLn 32$909K
Months of cash on handcomputed21.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $820K · Operating expenses/yr $468K
21.0 months
Where the money goes
Program services
Program services $402K · Total expenses $468K
86%
Management & General
Management & general $66K · Total expenses $468K
14%
Fundraising
Fundraising $0 · Total expenses $468K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $649K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $451K · Total revenue $474K
95%
Government reliance
Government grants — · Total revenue $474K
Earned-income share
Program service revenue $23K · Total revenue $474K
5%
Investment reliance
Investment income $0 · Total revenue $474K
0%
Program self-sufficiency
Program service revenue $23K · Total expenses $468K
5%
Growth & trend
Revenue growth (YoY)
This year $474K · Prior year $584K
-19%
Revenue CAGR
FY2020 $427K · FY2024 $474K
+3%
Net-asset trend (YoY)
End of year $909K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $474K · Expenses $468K
+1%
Liabilities-to-Assets
Total liabilities — · Total assets $932K
Net-asset ratio
Net assets $909K · Total assets $932K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $932K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Stephen Green · Reported title DIRECTOR · Highest reported compensation $15K · Total expenses $468K
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $235K · Total expenses $468K
50%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 86%
Overhead ratio 14%
Fundraising cost ratio 0%
Revenue growth -19%
Legal fee ratio 6%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
1803 FundFY2025$30K
Total grants receivedfrom 2 funders$45K
Grants paid · 24 grants · $298K · 2022–2024
Holla SchoolOR · FY2024$30,000
All Black Content Travel NetworkFY2024$20,000
Flourish Spices & African FoodFY2024$10,000
The Barreled BeeFY2024$5,500
Creative HomiesFY2023$30,000
Card Craft (damolalo)FY2023$20,000
Heart and Hustle ProductionsFY2023$10,000
Crcl of WnnrsFY2023$8,000
Beaverton Black Parent UnionOR · FY2023$2,800
Fridie OutdoorsFY2023$2,800
Fahiym B Acuay We Out Here MagazineFY2023$2,800
Albina Vision INCOR · FY2023$2,800
The Corporate StrategistFY2023$2,800
Jocelyn Rice Black Earth UnitedFY2023$2,800
Love Grows LLCFY2023$2,800
Hannah KullbergFY2023$1,000
Mimi's Fresh TsFY2023$1,000
Adre LLCFY2022$50,000
See all 24 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$474K revenue · viewing · ⤓ 990 PDF
FY2023$584K revenue · ⤓ 990 PDF
FY2022$977K revenue · ⤓ 990 PDF
FY2021$676K revenue · ⤓ 990 PDF
FY2020$427K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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