Civic Intelligence

Lloyd Ecodistrict

990 • Fiscal year 2018 • EIN 45-5114020

Jul 01, 2017 to Jun 30, 2018 • Filed on May 09, 2019

2203 Lloyd CenterPortland, OR 97232

(503) 475-4895

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$13,733

Flat from 2018

Net Assets

Flat

$5,279

Flat from 2018

Liabilities

Flat

$8,454

Flat from 2018

Revenue And Expenses

Revenue

Flat

$223,744

Flat from 2018

Expenses

Flat

$240,003

Flat from 2018

Net Income

Flat

-$16,259

Flat from 2018

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2017: $39,576Liabilities 2017: $18,0382017Assets 2018: $13,733Liabilities 2018: $8,454Net Assets 2018: $5,2792018Assets 2018: $13,733Liabilities 2018: $8,454Net Assets 2018: $5,2792018Assets 2019: $64,256Liabilities 2019: $7,764Net Assets 2019: $56,4922019Assets 2020: $121,273Liabilities 2020: $88,087Net Assets 2020: $33,1862020Assets 2021: $143,602Liabilities 2021: $92,800Net Assets 2021: $50,8022021Assets 2022: $144,502Liabilities 2022: $13,520Net Assets 2022: $130,9822022Assets 2023: $175,317Liabilities 2023: $14,167Net Assets 2023: $161,1502023Assets 2024: $125,314Liabilities 2024: $12,360Net Assets 2024: $112,9542024

Highlighted filing

2018

Assets$13,733
Liabilities$8,454
Net Assets$5,279

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2017: $124,954Expenses 2017: $113,933Net Income 2017: $11,0212017Revenue 2018: $223,744Expenses 2018: $240,003Net Income 2018: -$16,2592018Revenue 2018: $223,744Expenses 2018: $240,003Net Income 2018: -$16,2592018Revenue 2019: $276,497Expenses 2019: $225,284Net Income 2019: $51,2132019Revenue 2020: $235,985Expenses 2020: $259,291Net Income 2020: -$23,3062020Revenue 2021: $269,206Expenses 2021: $251,590Net Income 2021: $17,6162021Revenue 2022: $277,319Expenses 2022: $197,139Net Income 2022: $80,1802022Revenue 2023: $254,883Expenses 2023: $224,715Net Income 2023: $30,1682023Revenue 2024: $256,201Expenses 2024: $306,063Net Income 2024: -$49,8622024

Highlighted filing

2018

Revenue$223,744
Expenses$240,003
Net Income-$16,259
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 9, 2019
Return Version
2017v2.2
Gross Receipts
$223,744
Mission and Program Overview

Mission

The mission of the lloyd ecodistrict is to facilitate collaboration between its businesses, residents and public agencies to support prosperity, environmental quality, and social welfare. We set goals and implement initiatives to create a neighborhood where people, planet, and prosperity are equally considered. We created replicable models that improve resource efficiency and economic vitality. The lloyd ecodistrict prioritizes projects and programs that address transportation, water, energy, waste and education.lloyd ecodistrict engages the community, forms partnerships, and develops programs that create a connected, prosperous, and resilent neighborhood.

The goal of the lloyd ecodistrict is to become the most sustainable neighborhood in north america.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$30,839$12,374▼ $18,465
Accounts Receivable$7,068$0▼ $7,068
Land, Buildings, and Equipment, Net$1,669$1,359▼ $310
Savings and Temporary Cash Investments-$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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$39,576$13,733▼ $25,843
Other Assets Total-$0-
Liabilities
Other Liabilities$15,000$7,501▼ $7,499
Accounts Payable and Accrued Expenses$3,038$953▼ $2,085
Total Liabilities$18,038$8,454▼ $9,584
Net Assets / Fund Balance
Unrestricted Net Assets$21,538$5,279▼ $16,259
Total Net Assets Fund Balance$21,538$5,279▼ $16,259
Total Liabilities and Net Assets / Fund Balance$39,576$13,733▼ $25,843

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,359$921$2,280
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sarah HeinickeExecutive DirectorFT$74,327$74,327

Board Members and Trustees

NameTitle
Sheila HoldenChair
Elaine AyeVice Chair
Amy NagyBoard Member
Andria JacobBoard Member
Bob DyeBoard Member
Darren BareutherBoard Member
Kyle AndersenBoard Member
Molly HatfieldBoard Member
Owen RonchelliBoard Member
Paul SlymanBoard Member
Wade LangeBoard Member
Mike KortenhofSecretary
Matt MyletTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$160,908
Program Service Revenue
$62,836
Investment Income
$0
Other Revenue
$0
All Other Contributions
$160,908
Change in Net Assets
$-16,259
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$140,183
Salaries, Compensation, and Employee Benefits$99,820
Total Fundraising Expense$9,983
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$20,349$16,279$4,070$40,698
Other Salaries and Wages$17,832$14,266$3,567$35,665
Other Employee Benefits$7,600$6,080$1,520$15,200
All Other Expenses$3,705$6,750-$10,455
Payroll Taxes$4,128$3,303$826$8,257
Fees for Services Accounting$3,141$3,142-$6,283
Other Expenses$5,726$14,131-$5,726
Insurance$1,204$1,204-$2,408
Fees for Services Legal$1,175$1,175-$2,350
Conferences and Meetings$785$784-$1,569
Office Expenses$761$761-$1,522
Fees for Services Other$355$354-$709
Advertising$172$172-$344
Depreciation Depletion$155$155-$310
Travel$44$44-$88
Interest$11$11-$22
Total Functional Expenses$161,409$68,611$9,983$240,003
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Long Term Liabilities$7,500
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents

Organization filed form 1023, application for recognition of exemption under section 501(c)(3) of the internal revenue code, and was granted 501(c)(3) status as of december 29, 2017.

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

The organization is in the process of completing their form 990 review policy. Currently, the treasurer is responsible for periodically reviewing the financial records of the organization, assuring adequate accounting and budgeting practices are followed and overseeing any audit of the financial records, if applicable.

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

Board members read and understand the conflict of interest policy. They complete and sign form b, conflict of interest affirmation of compliance, affirmining that they have no conflict of interest. An interested party is under a continuing obligation to disclose any potential conflict of interest as soon as it is known or reasonably should be known. This is done by the completion of form a, potential conflict of interest disclosure statement.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The organization is in the process of developing a compensation and approval policy and expects to formalize and approve the policy prior to the end of the fiscal year ending june 30, 2019.

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

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Lloyd Ecodistrict
EIN
45-5114020
Phone
5034754895
Address
2203 LLOYD CENTER, PORTLAND, OR 97232

Signing Officer

Name
Sarah Heincke
Title
Executive Director
Signed
2019-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Heincke
Formed
2012
Legal Domicile
Or
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
88

Preparer

Firm
Richard K Gonzales CPA
Address
4838 NE Sandy Blvd Suite 102, Portland, OR 97213
Preparer
Richard K Gonzales CPA
Phone
5034123636
Supplemental Narrative

Additional Explanations

Fiscal Sponsor Relationships Prior to Receiving 501(C) (3) Status

The lloyd ecodistrict operated as a 501(c)(6) organization prior to receiving its 501(c)(3) status effective december 29, 2017. During the period prior to december 29, 2017, the north/northeast economic development alliance, and right to dream too (r2dtoo), both 501(c)(3) organizations, functioned as the lloyd ecodistrict's fiscal sponsors.

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IRS990/MissionDesc0THE MISSION OF THE LLOYD ECODISTRICT IS TO FACILITATE COLLABORATION BETWEEN ITS BUSINESSES, RESIDENTS AND PUBLIC AGENCIES TO SUPPORT PROSPERITY, ENVIRONMENTAL QUALITY, AND SOCIAL WELFARE. WE SET GOALS AND IMPLEMENT INITIATIVES TO CREATE A NEIGHBORHOOD WHERE PEOPLE, PLANET, AND PROSPERITY ARE EQUALLY CONSIDERED. WE CREATED REPLICABLE MODELS THAT IMPROVE RESOURCE EFFICIENCY AND ECONOMIC VITALITY. THE LLOYD ECODISTRICT PRIORITIZES PROJECTS AND PROGRAMS THAT ADDRESS TRANSPORTATION, WATER, ENERGY, WASTE AND EDUCATION.LLOYD ECODISTRICT ENGAGES THE COMMUNITY, FORMS PARTNERSHIPS, AND DEVELOPS PROGRAMS THAT CREATE A CONNECTED, PROSPEROUS, AND RESILENT NEIGHBORHOOD.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt021538
IRS990/NetAssetsOrFundBalancesEOYAmt05279
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0761
IRS990/OfficeExpensesGrp/ProgramServicesAmt0761
IRS990/OfficeExpensesGrp/TotalAmt01522
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01520
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06080
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt07600
IRS990/OtherEmployeeBenefitsGrp/TotalAmt015200
IRS990/OtherExpensesGrp/Desc0CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc1R2D2 EXPENSES
IRS990/OtherExpensesGrp/Desc2MODEL THE WAY EXPENSES
IRS990/OtherExpensesGrp/Desc3POLLINATOR EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt014131
IRS990/OtherExpensesGrp/ProgramServicesAmt065756
IRS990/OtherExpensesGrp/ProgramServicesAmt116634
IRS990/OtherExpensesGrp/ProgramServicesAmt211876
IRS990/OtherExpensesGrp/ProgramServicesAmt35726
IRS990/OtherExpensesGrp/TotalAmt079887
IRS990/OtherExpensesGrp/TotalAmt116634
IRS990/OtherExpensesGrp/TotalAmt211876
IRS990/OtherExpensesGrp/TotalAmt35726
IRS990/OtherLiabilitiesGrp/BOYAmt015000
IRS990/OtherLiabilitiesGrp/EOYAmt07501
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt03567
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt014266
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt017832
IRS990/OtherSalariesAndWagesGrp/TotalAmt035665
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IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0826
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03303
IRS990/PayrollTaxesGrp/ProgramServicesAmt04128
IRS990/PayrollTaxesGrp/TotalAmt08257
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0SARAH HEINCKE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0MODEL THE WAY
IRS990/ProgramServiceRevenueGrp/Desc1OTHER REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2R2D2
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt033120
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt18216
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt221500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt033120
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt18216
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt221500
IRS990/ProgSrvcAccomActy2Grp/Desc0MODEL THE WAY:SUSTAINABLE LEADERSHIP AWARDS WERE GIVEN TO COMMUNITY MEMBERS WHO ARE DOING GREAT WORK IN THE LLOYD DISTRICT AREA THAT WE ARE TRYING TO INFLUENCE. THIS IS ALSO OUR MAJOR FUNDRAISING EVENT.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt062745
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt033120
IRS990/ProgSrvcAccomActy3Grp/Desc0POLLINATOR:COMPLETED THE PLANTING, WATER, AND MAINTENANCE OF 45 POLLINATOR PLANTERS LOCATED ON NE MULTNOMAH STREET. THESE PLANTERS SERVE AS A POLLINATOR HABITAT FOR BIRDS AND BUGS, AS WELL AS A PROTECTIVE BARRIER TO THE BIKEWAY. COMMUNITY EDUCATION AND OUTREACH WAS PROVIDED BY STAFF AND SPEAKERS FROM PORTLAND PARKS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt031161
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt05266
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-16259
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt021500
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0160908
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0160908
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
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IRS990ScheduleA/PublicSupportTotal170Amt0160908
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0160908
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0160908
IRS990ScheduleA/TotalSupportAmt0160908
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01359
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0921
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02280
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LONG TERM LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Rounding
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01359
IRS990ScheduleD/TotalLiabilityAmt07501
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION FILED FORM 1023, APPLICATION FOR RECOGNITION OF EXEMPTION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND WAS GRANTED 501(C)(3) STATUS AS OF DECEMBER 29, 2017.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS IN THE PROCESS OF COMPLETING THEIR FORM 990 REVIEW POLICY. CURRENTLY, THE TREASURER IS RESPONSIBLE FOR PERIODICALLY REVIEWING THE FINANCIAL RECORDS OF THE ORGANIZATION, ASSURING ADEQUATE ACCOUNTING AND BUDGETING PRACTICES ARE FOLLOWED AND OVERSEEING ANY AUDIT OF THE FINANCIAL RECORDS, IF APPLICABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS READ AND UNDERSTAND THE CONFLICT OF INTEREST POLICY. THEY COMPLETE AND SIGN FORM B, CONFLICT OF INTEREST AFFIRMATION OF COMPLIANCE, AFFIRMINING THAT THEY HAVE NO CONFLICT OF INTEREST. AN INTERESTED PARTY IS UNDER A CONTINUING OBLIGATION TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST AS SOON AS IT IS KNOWN OR REASONABLY SHOULD BE KNOWN. THIS IS DONE BY THE COMPLETION OF FORM A, POTENTIAL CONFLICT OF INTEREST DISCLOSURE STATEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION IS IN THE PROCESS OF DEVELOPING A COMPENSATION AND APPROVAL POLICY AND EXPECTS TO FORMALIZE AND APPROVE THE POLICY PRIOR TO THE END OF THE FISCAL YEAR ENDING JUNE 30, 2019.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE LLOYD ECODISTRICT OPERATED AS A 501(C)(6) ORGANIZATION PRIOR TO RECEIVING ITS 501(C)(3) STATUS EFFECTIVE DECEMBER 29, 2017. DURING THE PERIOD PRIOR TO DECEMBER 29, 2017, THE NORTH/NORTHEAST ECONOMIC DEVELOPMENT ALLIANCE, AND RIGHT TO DREAM TOO (R2DTOO), BOTH 501(C)(3) ORGANIZATIONS, FUNCTIONED AS THE LLOYD ECODISTRICT'S FISCAL SPONSORS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts

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