Civic Intelligence

Tedx Portland

990 • Fiscal year 2017 • EIN 27-4884880

Jan 01, 2017 to Dec 31, 2017 • Filed on Sep 10, 2018

220 NW 8th AvePortland, OR 97209

(503) 516-1811

Siviq Scores

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

Liabilities / Assets

27th percentile

0.01x

Higher debt load relative to assets than 27% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

15th percentile

0.00x

Higher debt load relative to revenue than 15% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

39th percentile

-0.1%

Higher net margin than 39% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

18th percentile

-5.6%

Faster asset growth than 18% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

76th percentile

25%

Faster revenue growth than 76% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$16,246

Down $966 (-5.6%) from 2016

Net Assets

Down

$16,046

Down $966 (-5.7%) from 2016

Liabilities

Flat

$200

Flat from 2016

Revenue

Up

$1,044,443

Up $206,696 (+25%) from 2016

Expenses

Up

$1,045,409

Up $228,757 (+28%) from 2016

Net Income

Down

-$966

Down $22,061 (-105%) from 2016

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0-$100KAssets 2014: $5,000Liabilities 2014: $105Net Assets 2014: $4,8952014Assets 2015: $3,517Liabilities 2015: $7,600Net Assets 2015: -$4,0832015Assets 2016: $17,212Liabilities 2016: $200Net Assets 2016: $17,0122016Assets 2017: $16,246Liabilities 2017: $200Net Assets 2017: $16,0462017Assets 2018: $18,279Liabilities 2018: $8,138Net Assets 2018: $10,1412018Assets 2019: $54,004Liabilities 2019: $11,947Net Assets 2019: $42,0572019Assets 2020: $159,849Liabilities 2020: $44,586Net Assets 2020: $115,2632020Assets 2021: $390,278Liabilities 2021: $35,928Net Assets 2021: $354,3502021Assets 2022: $138,221Liabilities 2022: $23,461Net Assets 2022: $114,7602022Assets 2023: $120,843Liabilities 2023: $34,915Net Assets 2023: $85,9282023Assets 2024: $145,405Liabilities 2024: $0Net Assets 2024: $145,4052024

Highlighted filing

2017

Assets$16,246
Liabilities$200
Net Assets$16,046

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2014: $563,688Expenses 2014: $560,079Net Income 2014: $3,6092014Revenue 2015: $658,137Expenses 2015: $667,115Net Income 2015: -$8,9782015Revenue 2016: $837,747Expenses 2016: $816,652Net Income 2016: $21,0952016Revenue 2017: $1,044,443Expenses 2017: $1,045,409Net Income 2017: -$9662017Revenue 2018: $965,717Expenses 2018: $971,622Net Income 2018: -$5,9052018Revenue 2019: $1,437,773Expenses 2019: $1,405,857Net Income 2019: $31,9162019Revenue 2020: $383,861Expenses 2020: $313,041Net Income 2020: $70,8202020Revenue 2021: $301,276Expenses 2021: $62,189Net Income 2021: $239,0872021Revenue 2022: $1,350,237Expenses 2022: $1,589,827Net Income 2022: -$239,5902022Revenue 2023: $1,159,329Expenses 2023: $1,188,161Net Income 2023: -$28,8322023Revenue 2024: $1,091,937Expenses 2024: $1,032,460Net Income 2024: $59,4772024

Highlighted filing

2017

Revenue$1,044,443
Expenses$1,045,409
Net Income-$966
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Sep 10, 2018
Return Version
2017v2.2
Gross Receipts
$1,044,443
Mission and Program Overview

Mission

The tedx mission is to spread ideas. Tedx is part of a global ted community, welcoming people from every discipline and culture who seek a deeper understanding of the world. We believe passionately in the power of ideas to change attitudes, perspectives and lives.

TED is a global community, welcoming people from every discipline and culture who seek a deeper understanding of the world. We believe passionately in the power of ideas to change attitudes, lives and ultimately the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$17,012$16,046▼ $966
Prepaid Expenses and Deferred Charges$2,665$8,230▲ $5,565
Cash and Non-Interest-Bearing Accounts$14,547$8,016▼ $6,531
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$17,212$16,246▼ $966
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$200$200→ $0
Total Liabilities$200$200→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$17,012$16,046▼ $966
Total Liabilities and Net Assets / Fund Balance$17,212$16,246▼ $966
Compensation and Service Providers

Board Members and Trustees

NameTitle
David RaePresident
Clare RyanDirector
Mark StarkeyDirector
Renny GleesonDirector
Susan HoffmanDirector
Paul A TroianoSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
503 LLCEvent Planning220 NW 8th Ave, Portland, OR 97219$284,050
Revenue and Support

Revenue Composition

Contributions and Grants
$640,690
Program Service Revenue
$403,753
Investment Income
$0
Other Revenue
$0
All Other Contributions
$640,690
Change in Net Assets
$-966

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$150,000Fair Market Value (FMV)
Food Inventory7$92,500Fair Market Value (FMV)
Clothing and Household Goods-$81,000Fair Market Value (FMV)
Other Non Cash Contri Table1$5,000Fair Market Value (FMV)
Total Noncash Contributions9$328,500-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,045,409
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
Conferences and Meetings$683,802--$683,802
Advertising$16,256--$16,256
Office Expenses$3,296$3,342-$6,638
Information Technology$2,493--$2,493
Fees for Services Accounting-$2,398-$2,398
Travel-$1,787-$1,787
Other Expenses$328,500$359-$359
Total Functional Expenses$1,034,347$11,062$0$1,045,409
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
David RaePresidentProduction ExpensesNo$284,050
Paul A TroianoSecretaryProduction ExpensesNo$284,050

Loans and Receivables

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

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Paul A Troiano and David Rae are both owners/shareholders of 503 LLC.

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

503 LLC undertook management duties as delegated by TEDx Portland.

Form 990, Part VI, Line 11B: Form 990 Review Process

The execuive commitee reviews the return pior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

A conflict of interest transaction was documented including the board resolutions and approval by disinterested directors.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents and tax returns are available upon request.

Filing and Contact Details

Filer

Filer Name
TEDx Portland
EIN
27-4884880
Phone
5035161811
Address
220 NW 8th Ave, Portland, OR 97209

Signing Officer

Name
Paul A Troiano
Title
Secretary
Signed
2018-09-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Rae
Formed
2011
Legal Domicile
Or
Voting Board Members
6
Independent Board Members
4
Employees
0
Volunteers
65

Preparer

Firm
Collaborative Business Solutions
Address
107 SE Washington St 140, Portland, OR 97214
Preparer
Julie Rawitscher
Phone
5032291854
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: TEDx Portland hosts various smaller, more intimate, salon style talks throughout the year.

Raw XML AppendixShowing 400 of 435 raw XML fields

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/ProgSrvcAccomActy3Grp/Desc0A mentorship program called Tedxyouth@portland was held on November 18th, 2017. This program was produced by the youth of Portland.
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0David Rae
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1Paul A Troiano
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0President
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1Secretary
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Production Expenses
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1Production Expenses
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0Schedule L, Part IV, Business Transactions Involving Interested Persons: (1d) Description of Transaction: Production expenses paid to event planning services company 503 LLC. David Rae is an owner of the company 503 LLC. (2d) Description of Transaction: Production expenses paid to event planning services company 503 LLC. Paul Troiano is an owner of the company 503 LLC.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part V Supplemental Information
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: TEDx Portland hosts various smaller, more intimate, salon style talks throughout the year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Paul A Troiano and David Rae are both owners/shareholders of 503 LLC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2503 LLC undertook management duties as delegated by TEDx Portland.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The execuive commitee reviews the return pior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A conflict of interest transaction was documented including the board resolutions and approval by disinterested directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Governing documents and tax returns are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d: Other Program Services Description
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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