Multnomah Athletic Foundation INC FY2020 filing

Tax-deductible

Portland, OR501(c)(3)Since 1990Recreation & SportsEIN 93-1014651Revenue $387K in FY2020

On file with the IRSmultnomahathleticfoundation.com1849 Sw Salmon St, 97205-1726 · Portland, ORTax-exempt since Apr 1994Publicly supported — 509(a)(2)

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To provide community grants for youth Athletic activites and to provide scholarships for student athletes based on need and/or merit.

501(c)(3) charity; gifts are tax-deductible.
65¢ of each $1 spent went to programs.
$75K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $47K a year · 12% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
65%
of spending
Fine: 65% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$75K
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 6.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $252K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$301K
11% of total assets
Looks good: liabilities are 11% of assets; 50% or less.
Pt X · Ln 26
Independent board members
20
of 20 voting members
Looks good: 20 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$387K
Spent
$457K
To programs
65%
Net assets
$2.4M
By yearFY2020–FY2024
Revenue
$387K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$387K
FY2021$473K
FY2022$413K
FY2023$382K
FY2024$378K
FY2024$374K
Expenses
$457K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$457K
FY2021$451K
FY2022$415K
FY2023$504K
FY2024$440K
FY2024$525K
Net assets
$2.4M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$2.4M
FY2021$3.2M
FY2022$3.0M
FY2023$3.1M
FY2024$3.3M
FY2024$3.5M

From the FY2020 Form 990 (year ending June 2020) · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1994.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

65 cents of each dollar spent went to programs.

Program services 65% · $298K Management & general 30% · $137K Fundraising 5% · $22K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

23 people listed on the 990; $75K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Director
$75,177Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Lisa Bendt’s $109K as Executive Director is at the 94th percentile of top reported officer pay among 1017 $100K–1M recreation & sports 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 · 1 named individual · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Lisa Bendt$108,542$94,114$89,079$80,079$97,720$75,177

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 Multnomah Athletic Foundation INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Funds youth sports programs and scholarships in Portland, Oregon.

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Provided by the organization

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3 programs · $298K · in their own filed words · FY2019
01

'the foundation awards scholarships to individuals who demonstrate academic and athletic accomplishments and who have financial need in pursuing their education. The scholarship funds are awarded in memory of several inspirational employees and athletes of the multnomah athletic club.

$207Kprogram expense
02

The foundation provides community grants to nonprofit organizations and their programs. In july 2019 to june 2020, we awarded 27 grants to provide funding for youth athletic participation with limited access and opportunity.

$83Kprogram expense
03

The foundation continued its grantmakers program called youth grant initiative. The program designed for 7TH and 8TH graders provides programming and the opportunity to experience philantrophy. The program was started in 2018 and provided the experience for 12 youth as they awarded $5,000 in funding under the foundation board's oversight.

$8Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 5 funders$252K
See all 5 funders →
Grants paid · 55 grants · $1.1M · 2019–2024
Unitemized GrantFY2024$152,500
Friends of Explorer Post 58OR · FY2024$7,000
Elite Sports AcademyOR · FY2024$7,000
Adaptive Sports NorthwestOR · FY2024$7,000
Ac PortlandOR · FY2024$7,000
Steps for YouthOR · FY2024$6,000
Reborn Bikes (washco Bikes)OR · FY2024$6,000
Friends of Baseball LLCOR · FY2024$6,000
The Childrens Course INCOR · FY2024$6,000
Unitemized GrantFY2023$152,500
Adaptive Sports NorthwestOR · FY2023$8,800
See all 55 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$387K
Ln 12
Gifts and grantsLn 1h$323K
Other incomeLn 4–11$36K
Investment incomeLn 3$28K
Money outPt IX
$457K
Ln 25
Programscol B$298K
Managementcol C$137K
Fundraisingcol D$22K
Owns and owesPt X
$2.4M
net assets · Ln 32
Cash and savingsLn 1–2$243K
Total assetsLn 16$2.7M
LiabilitiesLn 26$301K
PeoplePt VI, VII
23
listed · VII A
PaidVII A1
Voting boardVI 1a20
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$323K
Noncash giftsLn 1g$5K
Fundraising eventsLn 1c$5K
Investment incomeLn 3$28K
Other incomeLn 4–11$36K
Gains on assetsLn 7$10K
Total revenueLn 12$387K
Assets in detailPt X, end of year
CashLn 1$96K
SavingsLn 2$147K
Cash and savings togetherLn 1–2$243K
InvestmentsLn 11–13$2.5M
Total assetsLn 16$2.7M
LiabilitiesLn 26$301K
Net assetsLn 32$2.4M
OperationsPt I, VI
EmployeesI 54
VolunteersI 6100
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$254K$243K
InvestmentsLn 11–13$2.6M$2.5M
Total assetsLn 16$2.8M$2.7M
LiabilitiesLn 26$310K$301K
Net assetsLn 32$2.5M$2.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$143K$143K
Grants to domestic individualsLn 2$95K$95K
Pay of current officers, directors and key staffLn 5$79K$18K$50K$10K
Other salaries and wagesLn 7$43K$10K$27K$6K
Other employee benefitsLn 9$3K$611$2K$349
Payroll taxesLn 10$9K$2K$6K$1K
Accounting feesLn 11c$13K$3K$10K
Investment management feesLn 11f$19K$19K
Other fees for servicesLn 11g$5K$1K$3K
Advertising and promotionLn 12$5K$358$3K$2K
Office expensesLn 13$16K$2K$14K$761
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$7K$7K
All other expensesLn 24e$18K$15K$1K$2K
Total functional expensesLn 25$457K$298K$137K$22K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $378K$440K−$62K$3.3M 990 PDF
FY2023 $382K$504K−$123K$3.1M 990 PDF
FY2022 $413K$415K−$2K$3.0M 990 PDF
FY2021 $473K$451K$21K$3.2M 990 PDF
FY2020 Viewing $387K$457K−$70K$2.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $386,667 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $50,885$322,591
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $8,556$27,732
I-11 Other revenuePrior year $33,397$36,344
I-12 Total revenuePrior year $92,838$386,667
I-13 Grants and similar amounts paidPrior year $176,600$238,779
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $36,001$132,737
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $29,304$85,422
I-18 Total expensesPrior year $241,905$456,938
I-19 Revenue less expensesPrior year −$149,067−$70,271
Part VI · Governance 20 of 20 board members independent, no flags
VI-1a Voting members of the governing body20
VI-1b Independent voting members20
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $386,667 across 8 lines filed
VIII-1c Fundraising events$4,678
VIII-1f All other contributions, gifts and grants$317,913
VIII-1g Noncash contributions (included above)$4,678
VIII-1h Total contributions, gifts and grants$322,591
VIII-3 Investment incomeExcluded from tax $17,983$17,983
VIII-7 Net gain or loss on sales of assetsExcluded from tax $9,749$9,749
VIII-8 Net income from fundraising eventsExcluded from tax $36,344$36,344
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $64,076$386,667
Part IX · Statement of functional expenses $456,938 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $143,479$143,479
IX-2 Grants to domestic individualsPrograms $95,300$95,300
IX-5 Pay of current officers, directors and key staffPrograms $18,048 · Management $50,408 · Fundraising $10,318$78,774
IX-7 Other salaries and wagesPrograms $9,754 · Management $27,246 · Fundraising $5,576$42,576
IX-9 Other employee benefitsPrograms $611 · Management $1,706 · Fundraising $349$2,666
IX-10 Payroll taxesPrograms $1,998 · Management $5,581 · Fundraising $1,142$8,721
IX-11c Accounting feesPrograms $3,484 · Management $10,009$13,493
IX-11f Investment management feesManagement $18,706$18,706
IX-11g Other fees for servicesPrograms $1,212 · Management $3,484$4,696
IX-12 Advertising and promotionPrograms $358 · Management $2,703 · Fundraising $1,972$5,033
IX-13 Office expensesPrograms $1,805 · Management $13,624 · Fundraising $761$16,190
IX-23 InsuranceManagement $2,000$2,000
IX-24 Other expenses (24a–d)Programs $7,078$7,078
IX-24e All other expensesPrograms $14,773 · Management $1,153 · Fundraising $2,300$18,226
IX-25 Total functional expensesPrograms $297,900 · Management $136,620 · Fundraising $22,418$456,938
Part X · Balance sheet $2,745,610 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $75,936$96,385
X-2 Savings and temporary cash investmentsStart of year $178,146$147,081
X-12 Other securitiesStart of year $2,585,805$2,502,144
X-16 Total assetsStart of year $2,839,887$2,745,610
X-17 Accounts payable and accrued expenses$6,358
X-18 Grants payableStart of year $310,371$274,750
X-25 Other liabilitiesStart of year $0$20,100
X-26 Total liabilitiesStart of year $310,371$301,208
X-27 Net assets without donor restrictionsStart of year $2,489,370$2,373,241
X-28 Net assets with donor restrictionsStart of year $40,146$71,161
X-32 Total net assets or fund balancesStart of year $2,529,516$2,444,402
X-33 Total liabilities and net assetsStart of year $2,839,887$2,745,610
Part XI · Reconciliation of net assets $2,444,402 net assets at year end
XI-1 Total revenue$386,667
XI-2 Total expenses$456,938
XI-3 Revenue less expenses−$70,271
XI-4 Net assets at start of year$2,529,516
XI-5 Net unrealized gains (losses) on investments−$14,843
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,444,402

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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