Civic Intelligence

Drive Oregon Foundation

EIN 45-4726335 • 501(c)3 • Portland, OR

Profile

The mission of the drive oregon foundation is to illustrate how electric vehicles and other smart transportation choices can improve environmental quality and strengthen oregon's economy.

2035 NW Front Ave Suite 101Portland, OR 97209

n/A

Siviq Scores

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

Liabilities / Assets

79th percentile

0.57x

Higher debt load relative to assets than 79% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

34th percentile

0.12x

Higher debt load relative to revenue than 34% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

51st percentile

5.0%

Higher net margin than 51% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

64th percentile

$0

Higher top officer pay than 64% of similar nonprofits.

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

501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

98th percentile

192%

Faster asset growth than 98% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

95th percentile

134%

Faster revenue growth than 95% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$4,482,891

Up $2,946,641 (+192%) from 2023

Liabilities

Up

$2,545,669

Up $1,872,492 (+278%) from 2023

Net Assets

Up

$1,937,222

Up $1,074,149 (+124%) from 2023

Revenue

Up

$21,778,604

Up $12,489,475 (+134%) from 2023

Expenses

Up

$20,689,372

Up $10,488,389 (+103%) from 2023

Net Income

Up

$1,089,232

Up $2,001,086 (+219%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2014: $55,000Liabilities 2014: $4,959Net Assets 2014: $50,0412014Assets 2015: $120,503Liabilities 2015: $30,817Net Assets 2015: $89,6862015Assets 2016: $509,334Liabilities 2016: $33,653Net Assets 2016: $475,6812016Assets 2017: $163,432Liabilities 2017: $80,870Net Assets 2017: $82,5622017Assets 2018: $870,846Liabilities 2018: $131,401Net Assets 2018: $739,4452018Assets 2019: $1,037,507Liabilities 2019: $100,517Net Assets 2019: $936,9902019Assets 2020: $1,328,191Liabilities 2020: $185,796Net Assets 2020: $1,142,3952020Assets 2021: $1,237,318Liabilities 2021: $123,140Net Assets 2021: $1,114,1782021Assets 2022: $5,883,625Liabilities 2022: $4,108,698Net Assets 2022: $1,774,9272022Assets 2023: $1,536,250Liabilities 2023: $673,177Net Assets 2023: $863,0732023Assets 2024: $4,482,891Liabilities 2024: $2,545,669Net Assets 2024: $1,937,2222024

Highlighted filing

2024

Assets$4,482,891
Liabilities$2,545,669
Net Assets$1,937,222

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2014: $55,000Expenses 2014: $4,959Net Income 2014: $50,0412014Revenue 2015: $175,000Expenses 2015: $135,355Net Income 2015: $39,6452015Revenue 2016: $505,000Expenses 2016: $119,005Net Income 2016: $385,9952016Revenue 2017: $34,499Expenses 2017: $427,618Net Income 2017: -$393,1192017Revenue 2018: $1,101,396Expenses 2018: $444,513Net Income 2018: $656,8832018Revenue 2019: $1,583,655Expenses 2019: $1,386,410Net Income 2019: $197,2452019Revenue 2020: $2,010,537Expenses 2020: $1,805,132Net Income 2020: $205,4052020Revenue 2021: $1,867,826Expenses 2021: $1,896,043Net Income 2021: -$28,2172021Revenue 2022: $7,054,765Expenses 2022: $6,394,016Net Income 2022: $660,7492022Revenue 2023: $9,289,129Expenses 2023: $10,200,983Net Income 2023: -$911,8542023Revenue 2024: $21,778,604Expenses 2024: $20,689,372Net Income 2024: $1,089,2322024

Highlighted filing

2024

Revenue$21,778,604
Expenses$20,689,372
Net Income$1,089,232

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 6, 2023
Return Version
2022v5.0
Gross Receipts
$7,054,765
Mission and Program Overview

Mission

Our mission is to demonstrate how electric vehicles and other smart transportation choices can improve environmental quality and strengthen the economy.

Our mission is to electrify transportation by bringing people together to create solutions that reduce pollution and barriers to access.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$22,471$4,231,207▲ $4,208,736
Savings and Temporary Cash Investments$1,209,788$1,409,766▲ $199,978
Cash and Non-Interest-Bearing Accounts$5,059$242,652▲ $237,593
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$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-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,237,318$5,883,625▲ $4,646,307
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$108,140$4,108,698▲ $4,000,558
Deferred Revenue$15,000--
Total Liabilities$123,140$4,108,698▲ $3,985,558
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,009,718$1,465,595▲ $455,877
Net Assets Without Donor Restrictions$104,460$309,332▲ $204,872
Total Net Assets Fund Balance$1,114,178$1,774,927▲ $660,749
Total Liabilities and Net Assets / Fund Balance$1,237,318$5,883,625▲ $4,646,307
Compensation and Service Providers

Board Members and Trustees

NameTitle
Patti BestPresident
Jana GastellumDirector
John MorrisDirector
Jeff AllenExecutive Direc
Tim MillerSecretary
John MacarthurTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,678,970
Program Service Revenue
$370,431
Investment Income
$5,364
Other Revenue
$0
All Other Contributions
$2,178,651
Change in Net Assets
$660,749
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,394,016
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
Fees for Services Other$6,394,016--$6,394,016
Total Functional Expenses$6,394,016$0$0$6,394,016
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
Yes
Subject to proxy tax
No
Insider Transactions and Loans

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
Yes
Audit committee
Yes
Backup withholding compliance
No
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 B, Line 11B

Copy of the form 990 is provided to the board for review prior to submission.

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

The board and staff of forth mobility fund are required to complete an annual questionnaire in order to identify and disclose actual or potential conflicts of interest. This information is reviewed by the board and posted publicly on the drive oregon website.

Form 990, Part VI, Section C, Line 19

Reasonable requests for governing docs, policies can be found on the forthmobility.org/mobility-fund website. Copy of form 990 can be found on guidestar.org.

Filing and Contact Details

Filer

Filer Name
Forth Mobility Fund
EIN
45-4726335
Phone
5037248670
Address
2035 NW Front Ave Suite 101, Portland, OR 97209

Signing Officer

Name
Jeff Allen
Title
Executive Director
Signed
2023-11-06
Discuss with paid preparer
Yes

Organization Details

Formed
2013
Legal Domicile
Or
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
6

Preparer

Firm
Kern & Thompson LLC
Address
1800 SW First Avenue Suite 410, Portland, OR 97201
Preparer
Cheryl L Morgan CPA
Phone
5032223338
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Other program services 4: strengthen policy capacity the organization builds influence and bridges between equity, environmental and multimodal organizations to promote transportation electrification at the national, state, and local levels. The organization works to build the foundation for public and private investment and to maximize the equitable impacts of those investments. During 2022, the organization co-created and participated in a number of national coalitions working to promote equitable transportation electrification, and helped inform major legislation and investments that are steering billions of dollars into electric mobility. Other program services 5: elevate partnerships profile & revenue the organization convenes diverse stakeholders who collaborate to advance equitable transportation systems, helping them find common ground and ways to work together. The organization helps connect partner organizations, policymakers, and stakeholders to reach new markets and support sector growth to advance equitable electric transportation. During 2022, the organization planned outstanding events that engaged keyaudiences, provided key networking opportunities, and sparked partnerships.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: STRENGTHEN POLICY CAPACITY THE ORGANIZATION BUILDS INFLUENCE AND BRIDGES BETWEEN EQUITY, ENVIRONMENTAL AND MULTIMODAL ORGANIZATIONS TO PROMOTE TRANSPORTATION ELECTRIFICATION AT THE NATIONAL, STATE, AND LOCAL LEVELS. THE ORGANIZATION WORKS TO BUILD THE FOUNDATION FOR PUBLIC AND PRIVATE INVESTMENT AND TO MAXIMIZE THE EQUITABLE IMPACTS OF THOSE INVESTMENTS. DURING 2022, THE ORGANIZATION CO-CREATED AND PARTICIPATED IN A NUMBER OF NATIONAL COALITIONS WORKING TO PROMOTE EQUITABLE TRANSPORTATION ELECTRIFICATION, AND HELPED INFORM MAJOR LEGISLATION AND INVESTMENTS THAT ARE STEERING BILLIONS OF DOLLARS INTO ELECTRIC MOBILITY. OTHER PROGRAM SERVICES 5: ELEVATE PARTNERSHIPS PROFILE & REVENUE THE ORGANIZATION CONVENES DIVERSE STAKEHOLDERS WHO COLLABORATE TO ADVANCE EQUITABLE TRANSPORTATION SYSTEMS, HELPING THEM FIND COMMON GROUND AND WAYS TO WORK TOGETHER. THE ORGANIZATION HELPS CONNECT PARTNER ORGANIZATIONS, POLICYMAKERS, AND STAKEHOLDERS TO REACH NEW MARKETS AND SUPPORT SECTOR GROWTH TO ADVANCE EQUITABLE ELECTRIC TRANSPORTATION. DURING 2022, THE ORGANIZATION PLANNED OUTSTANDING EVENTS THAT ENGAGED KEYAUDIENCES, PROVIDED KEY NETWORKING OPPORTUNITIES, AND SPARKED PARTNERSHIPS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPY OF THE FORM 990 IS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD AND STAFF OF FORTH MOBILITY FUND ARE REQUIRED TO COMPLETE AN ANNUAL QUESTIONNAIRE IN ORDER TO IDENTIFY AND DISCLOSE ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. THIS INFORMATION IS REVIEWED BY THE BOARD AND POSTED PUBLICLY ON THE DRIVE OREGON WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REASONABLE REQUESTS FOR GOVERNING DOCS, POLICIES CAN BE FOUND ON THE FORTHMOBILITY.ORG/MOBILITY-FUND WEBSITE. COPY OF FORM 990 CAN BE FOUND ON GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROMOTION OF ELECTRIC VEHICLES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02035 NW FRONT AVE SUITE 101
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