Built Oregon EIN 81-3934437

Built Oregon FY2020 filing

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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 2020 it reported $427K in revenue, $319K in expenses, and $246K in net assets.Pt I

Type
Public charity (501(c)(3)) · Community Development
Location
Portland, OR
Website
builtoregon.com
Filings
5 on file (2020–2020)
Revenue
$427KFY2020
Expenses
$319K
Net assets
$246K
People
10
Filings
5
Updates
0
More identity details & actions ⌄
EIN  81-3934437 Public charity (501(c)(3)) Portland, OR
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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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
Mitch Daugherty · Chairman · $33K
Money in and out
$427K revenue, $319K expenses
Bottom line
39% program efficiency
Where the money goes · FY2020
Total revenue
$427K
Pt VIII · Ln 12
Total expenses
$319K
Pt IX · Ln 25
Net assets
$246K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $108K
Where spending went · Part IX cols B–D
Program services $0.39 Management & general $0.61
Program efficiency
39%
of spending reaches programs
Operating runway
9.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+25%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$427K
FY2020
Expenses
$319K
FY2020
Total assets
$307K
FY2020
Total liabilities
$61K
FY2020
Total revenue
$427K
Pt VIII · Ln 12
Total expenses
$319K
Pt IX · Ln 25
Net assets
$246K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$108K
Total assetsPt X · Ln 16$307K
Program-expense ratioPt IX · col B39%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

3 program services account for $125K of program spending, described in the organization's own filed words · FY2020.
01

The PIE Accelerator provided startup support classes and educational programs for small companies in Portland.

$78Kprogram expense
02

The Built Together Fund raised funds for BIPOC led businesses and distributed funds via micro grants to be used for case by case specific business needs.

$37Kprogram expense
03

The Built Accelerator provided startup support classes and educational programs for small companies in Portland.

$10Kprogram 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 1a10
Independent voting membersPt VI · Ln 1b9
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
$32,798Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$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$401K · 94%
Program service revenue$26K · 6%
Contributions & grants94%$401K
Program service revenue6%$26K
Total revenueLn 12$427K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.39 Management & general $0.61
Program services39%$125K
Management & general61%$194K
Total functional expensesLn 25$319K

Balance Sheet

Part X · end of year
CashLn 1$241K
Total assetsLn 16$307K
Total liabilitiesLn 26$61K
Total net assetsLn 32$246K
Months of cash on handcomputed9.1

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $241K · Operating expenses/yr $319K
9.1 months
Where the money goes
Program services
Program services $125K · Total expenses $319K
39%
Management & General
Management & general $194K · Total expenses $319K
61%
Fundraising
Fundraising $0 · Total expenses $319K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $401K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $401K · Total revenue $427K
94%
Government reliance
Government grants — · Total revenue $427K
Earned-income share
Program service revenue $26K · Total revenue $427K
6%
Investment reliance
Investment income $0 · Total revenue $427K
0%
Program self-sufficiency
Program service revenue $26K · Total expenses $319K
8%
Growth & trend
Revenue growth (YoY)
This year $427K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $246K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $427K · Expenses $319K
+25%
Liabilities-to-Assets
Total liabilities — · Total assets $307K
Net-asset ratio
Net assets $246K · Total assets $307K
80%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $307K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Mitch Daugherty · Reported title Chairman · Highest reported compensation $33K · Total expenses $319K
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $233K · Total expenses $319K
73%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 39%
Overhead ratio 61%
Fundraising cost ratio 0%
Legal fee ratio 2%
Accounting fee ratio 1%

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 · ⤓ 990 PDF
FY2023$584K revenue · ⤓ 990 PDF
FY2022$977K revenue · ⤓ 990 PDF
FY2021$676K revenue · ⤓ 990 PDF
FY2020$427K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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