Suma EIN 85-0565824

Suma

EIN  85-0565824 Public charity (501(c)(3)) Portland, OR Founded 2020
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Size
$100K–1M
What they do
Builds digital tools to empower communities and advance justice.
Leadership
Alan Hipolito · Executive Dir. · $69K
Money in and out
$803K revenue, $739K expenses
Bottom line
93% program efficiency

Builds digital tools to empower communities and advance justice. For fiscal year 2024 it reported $803K in revenue, $739K in expenses, and $282K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$803K
Pt VIII · Ln 12
Total expenses
$739K
Pt IX · Ln 25
Net assets
$282K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $64K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.05 Fundraising $0.02
Program efficiency
93%
of spending reaches programs▼ -5% vs prior filing year
Operating runway
3.5mo
months of highly liquid reserves at operating expense rate▲ +6% vs prior filing year
Surplus margin
+8%
revenue over expenses, this year▲ +94% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$803K
FY2024▲ +38%
Expenses
$739K
FY2024▲ +32%
Total assets
$379K
FY2024▲ +53%
Total liabilities
$97K
FY2024▲ +229%
Total revenue
$803K
Pt VIII · Ln 12
Total expenses
$739K
Pt IX · Ln 25
Net assets
$282K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$64K
Total assetsPt X · Ln 16$379K
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

3 program services account for $685K of program spending, described in the organization's own filed words · FY2024.
01

Enterprise Program

Suma has worked with vulnerable community members to understand how tech barriers and privacy concerns are limiting their access to essential benefits, goods, and services, and to generate community feedback about how a platform could address their barriers and concerns.

$636Kprogram expense
02

Digital Organizing Program

Vulnerable communities lack access to tech education and devices. Suma brings digital curriculum and free devices to vulnerable communities. Through bilingual presentations, discussion, and hands-on exercises, participants gain digital literacy and discover and share tools to safeguard personal data.

$25Kprogram expense
03

Digital Justice Program

Vulnerable communities have limited opportunities to educate technology policymakers. These communities often lack devices and internet access. This creates a situation where policymakers lack information about technology issues in vulnerable communities, which limits their ability to address these issues.

$25Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSuma
EINHdr · item D85-0565824
Principal addressHdr · item CPortland, OR
WebsiteHdr · item Jmysuma.org
Year of formationHdr · item L2020
State of legal domicileHdr · item MOR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S20)
Ruling yearIRS BMFOct 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$68,593Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Alan Hipolito’s $69K as Executive Dir. is at the 46th 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 · 2 named individuals · Part VII

NameFY2024FY2024FY2023FY2022
Alan Hipolito$68,593$68,852$67,000
Alan Hipolito$67,692

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$766K · 95%
Other revenue$25K · 3%
Program service revenue$12K · 1%
Contributions & grants95%$766K
Other revenue3%$25K
Program service revenue1%$12K
Investment income$441
— government grantsLn 1e$445K
Total revenueLn 12$803K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.05 Fundraising $0.02
Program services93%$685K
Management & general5%$38K
Fundraising2%$16K
Total functional expensesLn 25$739K

Balance Sheet

Part X · end of year
CashLn 1$214K
Total assetsLn 16$379K
Total liabilitiesLn 26$97K
Total net assetsLn 32$282K
Months of cash on handcomputed3.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $214K · Operating expenses/yr $739K
3.5 months
Where the money goes
Program services
Program services $685K · Total expenses $739K
93%
Management & General
Management & general $38K · Total expenses $739K
5%
Fundraising
Fundraising $16K · Total expenses $739K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $14K · Solicited contributions (3-yr avg) $460K
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $766K · Total revenue $803K
95%
Government reliance
Government grants $445K · Total revenue $803K
55%
Earned-income share
Program service revenue $12K · Total revenue $803K
1%
Investment reliance
Investment income $441 · Total revenue $803K
0%
Program self-sufficiency
Program service revenue $12K · Total expenses $739K
2%
Growth & trend
Revenue growth (YoY)
This year $803K · Prior year $583K
+38%
Net-asset trend (YoY)
End of year $282K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $803K · Expenses $739K
+8%
Liabilities-to-Assets
Total liabilities — · Total assets $379K
Net-asset ratio
Net assets $282K · Total assets $379K
74%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $379K
0%
People & payroll
Highest Reported Total Compensation
Individual Alan Hipolito · Reported title Executive Dir. · Highest reported compensation $69K · Total expenses $739K
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $392K · Total expenses $739K
53%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 93%
Overhead ratio 5%
Fundraising cost ratio 2%
Revenue growth 38%

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 · funders on record
Grants received · FY2024
Tides CenterFY2024$25K
Total grants receivedfrom 4 funders$160K
See all 4 funders →

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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$583K revenue · ⤓ 990 PDF
FY2023$695K revenue · ⤓ 990 PDF
FY2022$101K 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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