Imagine Black EIN 83-0781079 Form 990 (PDF) Claim this org

Imagine Black

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Builds Black community political power and leadership to achieve desired futures. For fiscal year 2024 it reported $739K in revenue, $379K in expenses, and $562K in net assets.Pt I

Type
Membership association · Civil Rights & Advocacy
Location
Beaverton, OR
Website
paalfactionfund.org
Filings
5 on file (2020–2024)
Revenue
$739KFY2024
Expenses
$379K
Net assets
$562K
People
8
Filings
5
Updates
0
More identity details & actions ⌄
EIN  83-0781079 Membership association Beaverton, OR
Form 990 (PDF)
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Size
$100K–1M
What they do
Builds Black community political power and leadership to achieve desired futures.
Leadership
Joy Alise Davis · Executive Director
Money in and out
$739K revenue, $379K expenses
Bottom line
+49% operating surplus
Membership & operating revenue · FY2024
Total revenue
$739K
Pt VIII · Ln 12
Total expenses
$379K
Pt IX · Ln 25
Net assets
$562K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $360K
Where spending went · Part IX cols B–D
Program services $0.70 Management & general $0.19 Fundraising $0.11
Operating surplus
+49%
revenue over expenses▲ +295% vs prior filing year
Earned revenue
0%
of revenue from program services & dues
Program spending
70%
of expenses reach member services▲ +7% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$739K
FY2024▲ +86%
Expenses
$379K
FY2024▼ -24%
Total assets
$728K
FY2024▲ +49%
Total liabilities
$166K
FY2024▼ -42%
Total revenue
$739K
Pt VIII · Ln 12
Total expenses
$379K
Pt IX · Ln 25
Net assets
$562K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$360K
Total assetsPt X · Ln 16$728K
Program-expense ratioPt IX · col B70%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CImagine Black
EINHdr · item D83-0781079
Principal addressHdr · item CBeaverton, OR
WebsiteHdr · item Jpaalfactionfund.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOR
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFCivil Rights & Advocacy (R99)
Ruling yearIRS BMFSep 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
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 · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Member at Large
$0Pt VII · Sec A

Joy Alise Davis’s $2K as Executive Director is at the 1st percentile of top reported officer pay among 1036 $100K–1M civil rights & advocacy 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.

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Mission & Programs · Part III

Where the work happens

3 program services account for $195K of program spending, described in the organization's own filed words · FY2023.
01

Focus

Public safety campaign (policy & advocacy)during oregon's 2024 legislative session, imagine black actively engaged in several coalitions to advocate for the protection of measure 110, a critical ballot measure that reclassified the possession of certain drugs as a civil violation and directed investments toward treatment and recovery…

$165Kprogram expense
02

Focus

Civic power campaign (kinfolk membership)imagine black worked with our kinfolk membership to build and amplify their political power through active engagement in meetings, relevant trainings, and participation in a lobby day opposing HB 4002.

$30Kprogram expense
03

Focus

Civic power campaign (primary elections and general elections)imagine black launched a robust civic power campaign during the primary and general elections, focused on deepening community engagement and advancing our no police money in politics project.

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants101%$746K
Investment income$656
Total revenueLn 12$739K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.70 Management & general $0.19 Fundraising $0.11
Program services70%$265K
Management & general19%$73K
Fundraising11%$41K
Total functional expensesLn 25$379K

Balance Sheet

Part X · end of year
CashLn 1$400K
Total assetsLn 16$728K
Total liabilitiesLn 26$166K
Total net assetsLn 32$562K
Months of cash on handcomputed12.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $400K · Operating expenses/yr $379K
12.7 months
Where the money goes
Program services
Program services $265K · Total expenses $379K
70%
Management & General
Management & general $73K · Total expenses $379K
19%
Fundraising
Fundraising $41K · Total expenses $379K
11%
Cost to raise $1
Fundraising expense (3-yr avg) $48K · Solicited contributions (3-yr avg) $470K
$0.10 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $746K · Total revenue $739K
101%
Government reliance
Government grants — · Total revenue $739K
Earned-income share
Program service revenue $0 · Total revenue $739K
0%
Investment reliance
Investment income $656 · Total revenue $739K
+0.09%
Program self-sufficiency
Program service revenue $0 · Total expenses $379K
0%
Growth & trend
Revenue growth (YoY)
This year $739K · Prior year $398K
+86%
Revenue CAGR
FY2019 $207K · FY2023 $739K
+37%
Net-asset trend (YoY)
End of year $562K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $739K · Expenses $379K
+49%
Liabilities-to-Assets
Total liabilities — · Total assets $728K
Net-asset ratio
Net assets $562K · Total assets $728K
77%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $728K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Joy Alise Davis · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $0 · Total expenses $379K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $379K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 70%
Overhead ratio 19%
Fundraising cost ratio 5%
Revenue growth 86%
Legal fee ratio 0.2%
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 · FY2024
See all 7 funders →
Grants paid · 1 grant · $10K · 2021–2021
Unitemized GrantFY2021$10,400

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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)$739K revenue · viewing · ⤓ 990 PDF
FY2023$398K revenue · ⤓ 990 PDF
FY2022$266K revenue · ⤓ 990 PDF
FY2021$245K revenue · ⤓ 990 PDF
FY2020$207K 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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