Civic Intelligence

The Indus Entrepreneurs

EIN 20-8430070 • 501(c)6 • Portland, OR

Profile

A global not-for-profit network of entrepreneurs and professionals dedicated to the advancement of enterpreneurship. Tie's mission is to foster enterpreneurship globally through mentoring, networking, and educating.

PO Box 25627Portland, OR 97298

www.oregon.tie.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

89th percentile

0.40x

Higher debt load relative to assets than 89% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

71st percentile

0.05x

Higher debt load relative to revenue than 71% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

24th percentile

-17%

Higher net margin than 24% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

10th percentile

-60%

Faster asset growth than 10% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

95th percentile

96%

Faster revenue growth than 95% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$32,116

Down $48,190 (-60%) from 2023

Liabilities

Down

$12,705

Down $3,097 (-20%) from 2023

Net Assets

Down

$19,411

Down $45,093 (-70%) from 2023

Revenue

Up

$261,661

Up $127,885 (+96%) from 2023

Expenses

Up

$306,754

Up $123,018 (+67%) from 2023

Net Income

Up

-$45,093

Up $4,867 (+9.7%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2010: $26,758Liabilities 2010: $0Net Assets 2010: $26,7582010Assets 2011: $46,769Liabilities 2011: $0Net Assets 2011: $46,7692011Assets 2012: $70,031Liabilities 2012: $0Net Assets 2012: $70,0312012Assets 2013: $80,314Liabilities 2013: $0Net Assets 2013: $80,3142013Assets 2014: $120,031Liabilities 2014: $500Net Assets 2014: $119,5312014Assets 2015: $266,035Liabilities 2015: $1,244Net Assets 2015: $264,7912015Assets 2016: $184,556Liabilities 2016: $47,098Net Assets 2016: $137,4582016Assets 2017: $231,697Liabilities 2017: $144,693Net Assets 2017: $87,0042017Assets 2018: $267,587Liabilities 2018: $152,927Net Assets 2018: $114,6602018Assets 2019: $89,333Liabilities 2019: $11,548Net Assets 2019: $77,7852019Assets 2020: $113,466Liabilities 2020: $67,223Net Assets 2020: $46,2432020Assets 2021: $139,964Liabilities 2021: $11,332Net Assets 2021: $128,6322021Assets 2022: $123,577Liabilities 2022: $9,113Net Assets 2022: $114,4642022Assets 2023: $80,306Liabilities 2023: $15,802Net Assets 2023: $64,5042023Assets 2024: $32,116Liabilities 2024: $12,705Net Assets 2024: $19,4112024

Highlighted filing

2024

Assets$32,116
Liabilities$12,705
Net Assets$19,411

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KExpenses 2010: $48,4452010Expenses 2011: $40,8872011Expenses 2012: $54,5562012Revenue 2013: $70,193Expenses 2013: $59,911Net Income 2013: $10,2822013Revenue 2014: $132,130Expenses 2014: $92,913Net Income 2014: $39,2172014Revenue 2015: $338,055Expenses 2015: $192,795Net Income 2015: $145,2602015Revenue 2016: $240,635Expenses 2016: $368,572Net Income 2016: -$127,9372016Revenue 2017: $376,516Expenses 2017: $426,970Net Income 2017: -$50,4542017Revenue 2018: $583,937Expenses 2018: $556,281Net Income 2018: $27,6562018Revenue 2019: $556,646Expenses 2019: $593,521Net Income 2019: -$36,8752019Revenue 2020: $187,427Expenses 2020: $218,969Net Income 2020: -$31,5422020Revenue 2021: $306,153Expenses 2021: $223,764Net Income 2021: $82,3892021Revenue 2022: $225,632Expenses 2022: $239,800Net Income 2022: -$14,1682022Revenue 2023: $133,776Expenses 2023: $183,736Net Income 2023: -$49,9602023Revenue 2024: $261,661Expenses 2024: $306,754Net Income 2024: -$45,0932024

Highlighted filing

2024

Revenue$261,661
Expenses$306,754
Net Income-$45,093

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.32$0.13$0.19$2.62$3.07$0.45
2023Detailed filing. Detailed filing data is available for this year.$0.80$0.16$0.65$1.34$1.84$0.50
2022Detailed filing. Detailed filing data is available for this year.$1.24$0.09$1.14$2.26$2.40$0.14
2021Detailed filing. Detailed filing data is available for this year.$1.40$0.11$1.29$3.06$2.24$0.82
2020Detailed filing. Detailed filing data is available for this year.$1.13$0.67$0.46$1.87$2.19$0.32
2019Detailed filing. Detailed filing data is available for this year.$0.89$0.12$0.78$5.57$5.94$0.37
2018Detailed filing. Detailed filing data is available for this year.$2.68$1.53$1.15$5.84$5.56$0.28
2017Detailed filing. Detailed filing data is available for this year.$2.32$1.45$0.87$3.77$4.27$0.50
2016Detailed filing. Detailed filing data is available for this year.$1.85$0.47$1.37$2.41$3.69$1.28
2015Detailed filing. Detailed filing data is available for this year.$2.66$0.01$2.65$3.38$1.93$1.45
2014Detailed filing. Detailed filing data is available for this year.$1.20$0.01$1.20$1.32$0.93$0.39
2013Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.70$0.60$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.00$0.70$0.55
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.00$0.47$0.41
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.00$0.27$0.48
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$261,661
Mission and Program Overview

Mission

A global not-for-profit network of entrepreneurs and professionals dedicated to the advancement of enterpreneurship. Tie's mission is to foster enterpreneurship globally through mentoring, networking, and educating.tie's mission is: educate, network and mentor entrepreneurs.

A global not-for-profit network of entrepreneurs and professionals dedicated to the advancement of enterpreneurship. Tie's mission is to foster enterpreneurship globally through mentoring, networking, and educating.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$55,466$26,407▼ $29,059
Rtn Earn Endowment Incm Other Fnds$64,504$19,411▼ $45,093
Accounts Receivable$21,388$7,769▼ $13,619
Cash and Non-Interest-Bearing Accounts$100$100→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$208$-2,160▼ $2,368
Total Assets$80,306$32,116▼ $48,190
Other Assets Total$3,144$0▼ $3,144
Liabilities
Accounts Payable and Accrued Expenses$15,802$12,705▼ $3,097
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$15,802$12,705▼ $3,097
Net Assets / Fund Balance
Total Net Assets Fund Balance$64,504$19,411▼ $45,093
Total Liabilities and Net Assets / Fund Balance$80,306$32,116▼ $48,190
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kari NaoneExecutive DirectorPT$80,500$9,200$89,700

Board Members and Trustees

NameTitle
Donn DimondPresident
Allison MagyarBoard Member
David SmithBoard Member
Diane FraimanBoard Member
Fadi IbsiesBoard Member
Hamed Mirzaei PHDBoard Member
Lateef JacksonBoard Member
Manish MehtaBoard Member
Michael SheridanBoard Member
Nitin RaiEx officio
Brent BullockSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$128,336
Program Service Revenue
$133,320
Investment Income
$5
Other Revenue
$0
All Other Contributions
$128,336
Change in Net Assets
$-45,093
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$165,590
Other Expenses$141,164
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$141,490
All Other Expenses---$37,749
Fees for Services Legal---$32,592
Office Expenses---$17,152
Other Employee Benefits---$12,544
Other Expenses---$11,792
Payroll Taxes---$11,556
Advertising---$8,639
Travel---$2,094
Insurance---$1,379
Total Functional Expenses$0$0$0$306,754
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

The organization has one distinct class of members, designated as "charter members." charter members assume a duty to contribute a reasonable amount to further the purposes and goals of the organization.

Form 990, Part VI, Section A, Line 7B

The organization has one distinct class of members, designated as "charter members." charter members have the right to vote on the election and removal of directors, on the disposition of all or substatially all of the assets of the organization, on any merger and its principal terms and any amendment of those terms, on any proposed amendment to the articles, and on any election to dissolve the organization.

Form 990, Part VI, Section B, Line 11B

The organization is provided with a copy of the return for review. The return is reviewed by board members at the board meeting.

Form 990, Part VI, Section B, Line 12C

The organization is not indebted, directly or indirectly, to any of its officers or directors or to their respective spouses or children, in any amount whatsoever other than in connection with expenses or advances of expenses incurred in the ordinary course of business or relocation expenses of employees. To the organization's knowledge, none of the organization's officers or directors, or any members of their immediate families, are, directly or indirectly, indebted to the organization or have any direct or indirect ownership interest in any firm or corporation with which the organization is affiliated or with which the organization has a business relationship which exceeds an annual financial obligation of us $15,000 (or its foreign currency equivalent). To the organization's knowledge, none of the organization's officers or directors or any members of their immediate families are, directly or indirectly, interested in any material contract with the organization.

Form 990, Part VI, Section B, Line 15A

The president conducts an annual review of the executive director and adjustments to their compensation is discussed and approved by the board.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy, and financial statements are not made available to the public. Are not made available to the public.

Filing and Contact Details

Filer

Filer Name
The Indus Entrepreneurs
EIN
20-8430070
In Care Of
% KARI NAONE EXECUTIVE DIRECT
Phone
9713039063
Address
PO Box 25627, Portland, OR 97298
Doing Business As
TiE Oregon

Signing Officer

Name
Matt Dittrich
Title
President
Phone
9713039063
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matt Dittrich
Formed
2007
Legal Domicile
Or
Voting Board Members
10
Independent Board Members
10
Employees
4
Volunteers
25

Preparer

Firm
KBF Advisory LLC
Address
5285 Meadows Road Suite 420, Lake Oswego, OR 97035
Preparer
Chad N Herman
Phone
5039634720
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1, Description of Organization Mission

Entrepreneruship. Tie's mission is to foster entrepreneurship globally through mentoring, networking, funding, and educating. Tie has several programs such as tie oregon angels, mentor connect, pitch club, pitch oregon, and an annual awards program.

Form 990 Part IX Line 24 - Other Expenses

Description:awards total expenses:37749

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
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IRS990/MissionDesc0A GLOBAL NOT-FOR-PROFIT NETWORK OF ENTREPRENEURS AND PROFESSIONALS DEDICATED TO THE ADVANCEMENT OF ENTERPRENEURSHIP. TIE'S MISSION IS TO FOSTER ENTERPRENEURSHIP GLOBALLY THROUGH MENTORING, NETWORKING, AND EDUCATING.
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IRS990/PrincipalOfficerNm0Matt Dittrich
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ENTREPRENERUSHIP. TIE'S MISSION IS TO FOSTER ENTREPRENEURSHIP GLOBALLY THROUGH MENTORING, NETWORKING, FUNDING, AND EDUCATING. TIE HAS SEVERAL PROGRAMS SUCH AS TIE OREGON ANGELS, MENTOR CONNECT, PITCH CLUB, PITCH OREGON, AND AN ANNUAL AWARDS PROGRAM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS ONE DISTINCT CLASS OF MEMBERS, DESIGNATED AS "CHARTER MEMBERS." CHARTER MEMBERS ASSUME A DUTY TO CONTRIBUTE A REASONABLE AMOUNT TO FURTHER THE PURPOSES AND GOALS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS ONE DISTINCT CLASS OF MEMBERS, DESIGNATED AS "CHARTER MEMBERS." CHARTER MEMBERS HAVE THE RIGHT TO VOTE ON THE ELECTION AND REMOVAL OF DIRECTORS, ON THE DISPOSITION OF ALL OR SUBSTATIALLY ALL OF THE ASSETS OF THE ORGANIZATION, ON ANY MERGER AND ITS PRINCIPAL TERMS AND ANY AMENDMENT OF THOSE TERMS, ON ANY PROPOSED AMENDMENT TO THE ARTICLES, AND ON ANY ELECTION TO DISSOLVE THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION IS PROVIDED WITH A COPY OF THE RETURN FOR REVIEW. THE RETURN IS REVIEWED BY BOARD MEMBERS AT THE BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION IS NOT INDEBTED, DIRECTLY OR INDIRECTLY, TO ANY OF ITS OFFICERS OR DIRECTORS OR TO THEIR RESPECTIVE SPOUSES OR CHILDREN, IN ANY AMOUNT WHATSOEVER OTHER THAN IN CONNECTION WITH EXPENSES OR ADVANCES OF EXPENSES INCURRED IN THE ORDINARY COURSE OF BUSINESS OR RELOCATION EXPENSES OF EMPLOYEES. TO THE ORGANIZATION'S KNOWLEDGE, NONE OF THE ORGANIZATION'S OFFICERS OR DIRECTORS, OR ANY MEMBERS OF THEIR IMMEDIATE FAMILIES, ARE, DIRECTLY OR INDIRECTLY, INDEBTED TO THE ORGANIZATION OR HAVE ANY DIRECT OR INDIRECT OWNERSHIP INTEREST IN ANY FIRM OR CORPORATION WITH WHICH THE ORGANIZATION IS AFFILIATED OR WITH WHICH THE ORGANIZATION HAS A BUSINESS RELATIONSHIP WHICH EXCEEDS AN ANNUAL FINANCIAL OBLIGATION OF US $15,000 (OR ITS FOREIGN CURRENCY EQUIVALENT). TO THE ORGANIZATION'S KNOWLEDGE, NONE OF THE ORGANIZATION'S OFFICERS OR DIRECTORS OR ANY MEMBERS OF THEIR IMMEDIATE FAMILIES ARE, DIRECTLY OR INDIRECTLY, INTERESTED IN ANY MATERIAL CONTRACT WITH THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PRESIDENT CONDUCTS AN ANNUAL REVIEW OF THE EXECUTIVE DIRECTOR AND ADJUSTMENTS TO THEIR COMPENSATION IS DISCUSSED AND APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. ARE NOT MADE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DESCRIPTION:AWARDS TOTAL EXPENSES:37749
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990 PART IX LINE 24 - OTHER EXPENSES
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0TIE OREGON FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0833286873
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0FOSTERS INVEN
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