Built Oregon EIN 81-3934437 Form 990 (PDF) Claim this org

Built Oregon FY2022 filing

Not yet claimed Claim this org →

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 2022 it reported $977K in revenue, $532K in expenses, and $877K in net assets.Pt I

Type
Public charity (501(c)(3)) · Community Development
Location
Portland, OR
Website
builtoregon.com
Filings
5 on file (2020–2022)
Revenue
$977KFY2022
Expenses
$532K
Net assets
$877K
People
9
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 FY2022 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Built Oregon claims this page.

Know this organization? Claim it to add your story

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 · $70K
Money in and out
$977K revenue, $532K expenses
Bottom line
64% program efficiency
Where the money goes · FY2022
Total revenue
$977K
Pt VIII · Ln 12
Total expenses
$532K
Pt IX · Ln 25
Net assets
$877K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $445K
Where spending went · Part IX cols B–D
Program services $0.64 Management & general $0.36
Program efficiency
64%
of spending reaches programs
Operating runway
16.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+46%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$977K
FY2022▲ +45%
Expenses
$532K
FY2022▲ +14%
Total assets
$916K
FY2022▲ +89%
Total liabilities
$40K
FY2022▼ -26%
Total revenue
$977K
Pt VIII · Ln 12
Total expenses
$532K
Pt IX · Ln 25
Net assets
$877K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$445K
Total assetsPt X · Ln 16$916K
Program-expense ratioPt IX · col B64%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 49

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
$70,000Pt VII · Sec A
$5,100Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$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.

See Built Oregon executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

3 program services account for $173K of program spending, described in the organization's own filed words · FY2022.
01

Pitch black event 2022 raised and awarded money to help black entrepreneurs with startup and provide a platform to connect with the broader startup ecosystem.

$96Kprogram expense
02

Meyer memorial trust raised and awarded funds for accelerating racial, social and economic justice for the collective well-being of oregon's lands and peoples.

$60Kprogram expense
03

Pitch latinx event 2022 raised and awarded money to give latino startup entrepreneurs a platform to connect with the regions growing startup ecosystem.

$18Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Contributions & grants$924K · 95%
Program service revenue$53K · 5%
Contributions & grants95%$924K
Program service revenue5%$53K
Total revenueLn 12$977K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.64 Management & general $0.36
Program services64%$342K
Management & general36%$190K
Total functional expensesLn 25$532K

Balance Sheet

Part X · end of year
CashLn 1$727K
Total assetsLn 16$916K
Total liabilitiesLn 26$40K
Total net assetsLn 32$877K
Months of cash on handcomputed16.4

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $727K · Operating expenses/yr $532K
16.4 months
Where the money goes
Program services
Program services $342K · Total expenses $532K
64%
Management & General
Management & general $190K · Total expenses $532K
36%
Fundraising
Fundraising $0 · Total expenses $532K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $663K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $924K · Total revenue $977K
95%
Government reliance
Government grants — · Total revenue $977K
Earned-income share
Program service revenue $53K · Total revenue $977K
5%
Investment reliance
Investment income $0 · Total revenue $977K
0%
Program self-sufficiency
Program service revenue $53K · Total expenses $532K
10%
Growth & trend
Revenue growth (YoY)
This year $977K · Prior year $676K
+45%
Net-asset trend (YoY)
End of year $877K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $977K · Expenses $532K
+46%
Liabilities-to-Assets
Total liabilities — · Total assets $916K
Net-asset ratio
Net assets $877K · Total assets $916K
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $916K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Mitch Daugherty · Reported title CHAIRMAN · Highest reported compensation $70K · Total expenses $532K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $260K · Total expenses $532K
49%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 64%
Overhead ratio 36%
Fundraising cost ratio 0%
Revenue growth 45%
Accounting fee ratio 4%

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 →

Similar Organizations

Closest in mission — by what they do
See all organizations like Built Oregon →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

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 · viewing · ⤓ 990 PDF
FY2021$676K revenue · ⤓ 990 PDF
FY2020$427K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.