Civic Intelligence

Halsey Center

990 • Fiscal year 2021 • EIN 27-3281112

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

PO Box 16490Portland, OR 97292

(503) 232-7052

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

71st percentile

0.24x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

99th percentile

13.84x

Higher debt load relative to revenue than 99% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

99th percentile

99%

Higher net margin than 99% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

85th percentile

$151,637

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 556.8% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

25th percentile

-0.5%

Faster asset growth than 25% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

97th percentile

499%

Faster revenue growth than 97% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Down

$1,543,157

Down $7,059 (-0.5%) from 2020

Net Assets

Up

$1,166,318

Up $27,007 (+2.4%) from 2020

Liabilities

Down

$376,839

Down $34,066 (-8.3%) from 2020

Revenue

Up

$27,232

Up $22,683 (+499%) from 2020

Expenses

Down

$225

Down $1,915 (-89%) from 2020

Net Income

Up

$27,007

Up $24,598 (+1021%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2011: $1,798,106Liabilities 2011: $756,533Net Assets 2011: $1,041,5732011Assets 2012: $1,762,059Liabilities 2012: $706,244Net Assets 2012: $1,055,8152012Assets 2013: $1,726,376Liabilities 2013: $654,641Net Assets 2013: $1,071,7352013Assets 2014: $1,687,106Liabilities 2014: $547,754Net Assets 2014: $1,139,3522014Assets 2015: $1,654,252Liabilities 2015: $519,505Net Assets 2015: $1,134,7472015Assets 2016: $1,620,587Liabilities 2016: $491,945Net Assets 2016: $1,128,6422016Assets 2017: $1,642,035Liabilities 2017: $505,732Net Assets 2017: $1,136,3032017Assets 2018: $1,603,616Liabilities 2018: $465,869Net Assets 2018: $1,137,7472018Assets 2019: $1,573,192Liabilities 2019: $436,290Net Assets 2019: $1,136,9022019Assets 2020: $1,550,216Liabilities 2020: $410,905Net Assets 2020: $1,139,3112020Assets 2021: $1,543,157Liabilities 2021: $376,839Net Assets 2021: $1,166,3182021Assets 2022: $1,984,717Liabilities 2022: $687,358Net Assets 2022: $1,297,3592022Assets 2023: $2,042,534Liabilities 2023: $646,215Net Assets 2023: $1,396,3192023Assets 2024: $2,094,402Liabilities 2024: $609,798Net Assets 2024: $1,484,6042024

Highlighted filing

2021

Assets$1,543,157
Liabilities$376,839
Net Assets$1,166,318

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KExpenses 2011: $2,1062011Expenses 2012: $1,1102012Revenue 2013: $15,930Expenses 2013: $10Net Income 2013: $15,9202013Revenue 2014: $67,639Expenses 2014: $22Net Income 2014: $67,6172014Revenue 2015: -$4,079Expenses 2015: $526Net Income 2015: -$4,6052015Revenue 2016: -$4,285Expenses 2016: $1,820Net Income 2016: -$6,1052016Revenue 2017: $10,327Expenses 2017: $2,666Net Income 2017: $7,6612017Revenue 2018: $2,090Expenses 2018: $646Net Income 2018: $1,4442018Revenue 2019: $1,592Expenses 2019: $2,437Net Income 2019: -$8452019Revenue 2020: $4,549Expenses 2020: $2,140Net Income 2020: $2,4092020Revenue 2021: $27,232Expenses 2021: $225Net Income 2021: $27,0072021Revenue 2022: $135,609Expenses 2022: $4,568Net Income 2022: $131,0412022Revenue 2023: $98,980Expenses 2023: $20Net Income 2023: $98,9602023Revenue 2024: $94,257Expenses 2024: $5,972Net Income 2024: $88,2852024

Highlighted filing

2021

Revenue$27,232
Expenses$225
Net Income$27,007
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.2
Gross Receipts
$82,006
Mission and Program Overview

Mission

To acquire and manage real property to benefit related tax exempt organization join.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,466,592$1,450,913▼ $15,679
Savings and Temporary Cash Investments$59,046$68,053▲ $9,007
Cash and Non-Interest-Bearing Accounts$18,922$19,110▲ $188
Prepaid Expenses and Deferred Charges$5,656$5,081▼ $575
Total Assets$1,550,216$1,543,157▼ $7,059
Liabilities
Mortgage Notes Payable Secured by Investment Property$410,905$376,839▼ $34,066
Total Liabilities$410,905$376,839▼ $34,066
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,139,311$1,166,318▲ $27,007
Total Net Assets Fund Balance$1,139,311$1,166,318▲ $27,007
Total Liabilities and Net Assets / Fund Balance$1,550,216$1,543,157▼ $7,059

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,098,433$464,357$1,562,790
Land$352,480-$352,480
Compensation and Service Providers

Employees

NameTitleOtherTotal
Kevin TaborFinance Director$132,294$132,294

Board Members and Trustees

NameTitle
Chris BonnerPresident
Andrea DubinVice President
Amanda HessBoard Member
Maya EdelsteinBoard Member
Rena Jimenez-bloutBoard Member
Rich RogersBoard Member
Katrina HollandExecutive Director
Anna PlumbSecretary
Kevin KaufmanTreasuer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$6
Other Revenue
$27,226
Change in Net Assets
$27,007
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$225
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses-$225-$225
Total Functional Expenses$0$225$0$225
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

A business relationship. 4 of the current directors also sit on join's board of directors and 2 of the directors are employees of join.

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

Prior to filing the 990 will be reviewed by at least one other director. All can request access before filing but this is not standard practice. All also have access as desired after filing.

Form 990, Part VI, Section C, Line 19

Governing documents and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Halsey Center
EIN
27-3281112
Phone
5032327052
Address
PO BOX 16490, PORTLAND, OR 97292

Signing Officer

Name
Katrina Holland
Title
Executive Director
Phone
5032327052
Signed
2022-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Katrina Holland
Formed
2010
Legal Domicile
Or
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
6

Preparer

Firm
Mcdonald Jacobs Pc
Address
520 SW YAMHILL ST STE 500, PORTLAND, OR 97204
Preparer
Sang Ahn
Phone
5032270581
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The board functions as a single cohesive and inclusive governing entity, no committee structure.

Financial Statement Notes

PART X, LINE 2:

The organization follows the provision of fasb asc topic 740 of accounting for uncertainty in income taxes. Management has evaluated the organization's tax positions and concluded that there are no uncertain tax positions that require adjustment to the financial statements to comply with provisions of this topic.

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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0352480
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION FOLLOWS THE PROVISION OF FASB ASC TOPIC 740 OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH PROVISIONS OF THIS TOPIC.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01450913
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0141145
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt010492
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KATRINA HOLLAND
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0151637
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS SETS THE EXECUTIVE DIRECTOR'S COMPENSATION LEVEL BASED ON HER EXPERIENCE AND REVIEWING COMPARABLE COMPENSATION AT SIMILAR AGENCIES IN TERMS OF SIZE, BUDGET, WORKFORCE AND MISSION. THE BOARD OF DIRECTORS' DISCUSSION AND FINAL DECISION WAS CONTEMPORANEOUSLY SUBSTANTIATED IN THE BOARD MINUTES. ALL OTHER SALARIES ARE SET ON BASE ENTRY WAGE WITH A BONUS FOR YEARS OF APPLICABLE EXPERIENCE. COMPARATIVE DATA IS USED AND LEVELS ARE APPROVED BY THE BOARD OF DIRECTORS. THERE IS NO INDEPENDENT REVIEW.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A BUSINESS RELATIONSHIP. 4 OF THE CURRENT DIRECTORS ALSO SIT ON JOIN'S BOARD OF DIRECTORS AND 2 OF THE DIRECTORS ARE EMPLOYEES OF JOIN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIOR TO FILING THE 990 WILL BE REVIEWED BY AT LEAST ONE OTHER DIRECTOR. ALL CAN REQUEST ACCESS BEFORE FILING BUT THIS IS NOT STANDARD PRACTICE. ALL ALSO HAVE ACCESS AS DESIRED AFTER FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD FUNCTIONS AS A SINGLE COHESIVE AND INCLUSIVE GOVERNING ENTITY, NO COMMITTEE STRUCTURE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0JOIN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0931090005
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HELP HOMELESS PEOPLE TRANSITION OFF THE STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01435 NE 81ST AVENUE SUITE 100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PORTLAND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd097213
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt082000
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0JOIN
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0J
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OR
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01550216
IRS990/TotalAssetsEOYAmt01543157
IRS990/TotalAssetsGrp/BOYAmt01550216
IRS990/TotalAssetsGrp/EOYAmt01543157
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0225
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0225
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0410905
IRS990/TotalLiabilitiesEOYAmt0376839
IRS990/TotalLiabilitiesGrp/BOYAmt0410905
IRS990/TotalLiabilitiesGrp/EOYAmt0376839
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01139311
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01166318
IRS990/TotalOtherCompensationAmt018449
IRS990/TotalProgramServiceExpensesAmt054774
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt06
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt027226
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt027232
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01550216
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01543157
IRS990/TotReportableCompRltdOrgAmt0265482
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 16490
IRS990/USAddress/CityNm0PORTLAND
IRS990/USAddress/StateAbbreviationCd0OR
IRS990/USAddress/ZIPCd097292
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.09$0.61$1.48$0.09$0.01$0.09
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.04$0.65$1.40$0.10$0.00$0.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.98$0.69$1.30$0.14$0.00$0.13
2021Detailed filing. Detailed filing data is available for this year.$1.54$0.38$1.17$0.03$0.00$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.55$0.41$1.14$0.00$0.00$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.57$0.44$1.14$0.00$0.00$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.60$0.47$1.14$0.00$0.00$0.00
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.64$0.51$1.14$0.01$0.00$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.62$0.49$1.13$0.00$0.00$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.65$0.52$1.13$0.00$0.00$0.00
2014Detailed filing. Detailed filing data is available for this year.$1.69$0.55$1.14$0.07$0.00$0.07
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.73$0.65$1.07$0.02$0.00$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.76$0.71$1.06$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$0.76$1.04$0.00
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • $1M-$5M nonprofits