Onward Eugene EIN 84-3296698

Onward Eugene FY2022 filing

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Builds a strong local economy for everyone's benefit. For fiscal year 2022 it reported $895K in revenue, $701K in expenses, and $329K in net assets.Pt I

Type
Public charity (501(c)(3)) · Community Development
Location
Eugene, OR
Website
onwardeugene.org
Filings
4 on file (2021–2022)
Revenue
$895KFY2022
Expenses
$701K
Net assets
$329K
People
13
Filings
4
Updates
0
More identity details & actions ⌄
EIN  84-3296698 Public charity (501(c)(3)) Eugene, OR
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 8/26/26 · see original: IRS
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Size
$1–10M
What they do
Builds a strong local economy for everyone's benefit.
Leadership
Tina Guldberg · Chair
Money in and out
$895K revenue, $701K expenses
Bottom line
77% program efficiency
Where the money goes · FY2022
Total revenue
$895K
Pt VIII · Ln 12
Total expenses
$701K
Pt IX · Ln 25
Net assets
$329K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $194K
Where spending went · Part IX cols B–D
Program services $0.77 Management & general $0.16 Fundraising $0.07
Program efficiency
77%
of spending reaches programs
Operating runway
5.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+22%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$895K
FY2022▲ +19%
Expenses
$701K
FY2022▲ +10%
Total assets
$445K
FY2022▲ +72%
Total liabilities
$116K
FY2022▼ -7%
Total revenue
$895K
Pt VIII · Ln 12
Total expenses
$701K
Pt IX · Ln 25
Net assets
$329K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$194K
Total assetsPt X · Ln 16$445K
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

1 program service account for $540K of program spending, described in the organization's own filed words · FY2022.
01

Business Recovery & Expansion

We are focused on supporting local businesses to help them survive and thrive and ensure they continue to call this region home. Entrepreneurship & innovation: onward eugene is committed to increasing the number of startups in our region and providing world class support for new companies to innovate and thrive in our community.

$540Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COnward Eugene
EINHdr · item D84-3296698
Principal addressHdr · item CEugene, OR
WebsiteHdr · item Jonwardeugene.org
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 BMFOct 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aYes
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
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Onward Eugene executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$610K · 68%
Program service revenue$281K · 31%
Contributions & grants68%$610K
Program service revenue31%$281K
Investment income$931
Other revenue$2K
— government grantsLn 1e$76K
Total revenueLn 12$895K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.77 Management & general $0.16 Fundraising $0.07
Program services77%$540K
Management & general16%$110K
Fundraising7%$50K
Total functional expensesLn 25$701K

Balance Sheet

Part X · end of year
CashLn 1$316K
Total assetsLn 16$445K
Total liabilitiesLn 26$116K
Total net assetsLn 32$329K
Months of cash on handcomputed5.4

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $316K · Operating expenses/yr $701K
5.4 months
Where the money goes
Program services
Program services $540K · Total expenses $701K
77%
Management & General
Management & general $110K · Total expenses $701K
16%
Fundraising
Fundraising $50K · Total expenses $701K
7%
Cost to raise $1
Fundraising expense (2-yr avg) $27K · Solicited contributions (2-yr avg) $537K
$0.05 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $610K · Total revenue $895K
68%
Government reliance
Government grants $76K · Total revenue $895K
9%
Earned-income share
Program service revenue $281K · Total revenue $895K
31%
Investment reliance
Investment income $931 · Total revenue $895K
+0.1%
Program self-sufficiency
Program service revenue $281K · Total expenses $701K
40%
Growth & trend
Revenue growth (YoY)
This year $895K · Prior year $753K
+19%
Net-asset trend (YoY)
End of year $329K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $895K · Expenses $701K
+22%
Liabilities-to-Assets
Total liabilities — · Total assets $445K
Net-asset ratio
Net assets $329K · Total assets $445K
74%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $445K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Tina Guldberg · Reported title CHAIR · Highest reported compensation $0 · Total expenses $701K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $701K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 77%
Overhead ratio 16%
Fundraising cost ratio 8%
Revenue growth 19%
Accounting fee ratio 3%

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
Total grants receivedfrom 1 funder$25K
Grants paid · 6 grants · $700K · 2023–2024
University of OregonFY2024$149,263
McKenzie Land TrustFY2024$70,000
Unitemized GrantFY2023$17,000

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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)$3.9M revenue · ⤓ 990 PDF
FY2023$737K revenue · ⤓ 990 PDF
FY2022$895K revenue · viewing · ⤓ 990 PDF
FY2021$753K revenue · ⤓ 990 PDF

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Sources

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