Civic Intelligence

Financial Beginnings Oregon

990 • Fiscal year 2019 • EIN 81-4643539

Jul 01, 2018 to Jun 30, 2019 • Filed on Mar 31, 2020

Organization Profilewww.finbegor.org
1326 SW 12th AvenuePortland, OR 97201

(800) 406-1876

Siviq Scores

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

Liabilities / Assets

64th percentile

0.10x

Higher debt load relative to assets than 64% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

61st percentile

0.07x

Higher debt load relative to revenue than 61% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

80th percentile

24%

Higher net margin than 80% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

87th percentile

$99,232

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 14.9% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

92nd percentile

72%

Faster asset growth than 92% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

71st percentile

19%

Faster revenue growth than 71% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets64th percentile

Assets

Up

$442,311

Up $184,600 (+72%) from 2018

Net Assets

Up

$398,466

Up $161,119 (+68%) from 2018

Liabilities

Up

$43,845

Up $23,481 (+115%) from 2018

Revenue And Expenses
Liabilities / Revenue61st percentileNet Margin80th percentile

Revenue

Up

$663,998

Up $105,424 (+19%) from 2018

Expenses

Up

$503,982

Up $50,531 (+11%) from 2018

Net Income

Up

$160,016

Up $54,893 (+52%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

$800K$600K$400K$200K$0Assets 2018: $257,711Liabilities 2018: $20,364Net Assets 2018: $237,3472018Assets 2019: $442,311Liabilities 2019: $43,845Net Assets 2019: $398,4662019Assets 2020: $540,770Liabilities 2020: $103,928Net Assets 2020: $436,8422020Assets 2021: $717,600Liabilities 2021: $147,227Net Assets 2021: $570,3732021Assets 2022: $613,615Liabilities 2022: $42,420Net Assets 2022: $571,1952022Assets 2023: $585,426Liabilities 2023: $36,435Net Assets 2023: $548,9912023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2019

Assets$442,311
Liabilities$43,845
Net Assets$398,466
Open 2019 Filing

Operations Trend

Revenue Growth71st percentile

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

$1.0M$500K$0-$500KRevenue 2018: $558,574Expenses 2018: $453,451Net Income 2018: $105,1232018Revenue 2019: $663,998Expenses 2019: $503,982Net Income 2019: $160,0162019Revenue 2020: $551,202Expenses 2020: $513,963Net Income 2020: $37,2392020Revenue 2021: $755,580Expenses 2021: $633,164Net Income 2021: $122,4162021Revenue 2022: $732,401Expenses 2022: $695,725Net Income 2022: $36,6762022Revenue 2023: $661,760Expenses 2023: $665,378Net Income 2023: -$3,6182023Revenue 2024: $227,120Expenses 2024: $523,404Net Income 2024: -$296,2842024

Highlighted filing

2019

Revenue$663,998
Expenses$503,982
Net Income$160,016
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Mar 31, 2020
Return Version
2018v3.1
Gross Receipts
$663,998
Mission and Program Overview

Mission

Financial beginnings oregon empowers youth and adults to take control of their financial futures.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$145,470$298,536▲ $153,066
Pledges and Grants Receivable$80,095$93,544▲ $13,449
Investments in Publicly Traded Securities$24,018$31,148▲ $7,130
Prepaid Expenses and Deferred Charges$5,564$9,532▲ $3,968
Land, Buildings, and Equipment, Net$2,564$2,051▼ $513
Savings and Temporary Cash Investments-$0-
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$257,711$442,311▲ $184,600
Other Assets Total-$7,500-
Liabilities
Accounts Payable and Accrued Expenses$20,214$28,845▲ $8,631
Deferred Revenue$150$15,000▲ $14,850
Total Liabilities$20,364$43,845▲ $23,481
Net Assets / Fund Balance
Temporarily Rstr Net Assets$101,450$264,195▲ $162,745
Unrestricted Net Assets$110,897$103,123▼ $7,774
Permanently Rstr Net Assets$25,000$31,148▲ $6,148
Total Net Assets Fund Balance$237,347$398,466▲ $161,119
Total Liabilities and Net Assets / Fund Balance$257,711$442,311▲ $184,600

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,051$1,539$3,590

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$24,018$5,000▲ $2,130-$31,148
2018-$25,000▼ $975-$24,018
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kate BenedictExecutive DirectorFT$95,025$4,207$99,232

Board Members and Trustees

NameTitle
Amy TheumaBoard Chair
Farhad DadkhoBoard Member
Joey RunningBoard Member
Lashanda FriedrichBoard Member
Marina Martinez-batemanBoard Member
Sean EdwardsBoard Member
Chris ConklinSecretary
Donald RuggTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$620,749
Program Service Revenue
$42,009
Investment Income
$1,240
Other Revenue
$0
All Other Contributions
$620,749
Change in Net Assets
$160,016

Audited Revenue Reconciliation

Revenue per Audited Statements
$663,998
Revenue Not Reported on Form 990
$4,498
Total Revenue per Audited Statements
$668,496
Total Revenue per Form 990
$663,998
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$334,402
Other Expenses$169,580
Total Fundraising Expense$113,081
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$122,618$1,938$55,636$180,192
Current Officers, Directors, Trustees, and Key Employees$62,532$14,017$24,282$100,831
Other Employee Benefits$18,949$1,771$7,696$28,416
Payroll Taxes$16,740$1,397$6,826$24,963
Fees for Services Accounting$15,000$1,570$8,030$24,600
Occupancy$9,395$2,793$3,881$16,069
Office Expenses$2,863$716$1,663$5,242
Other Expenses$2,023$2,072$846$4,941
All Other Expenses$2,894$195$2$3,091
Travel$1,915$375$571$2,861
Insurance$1,400$121$599$2,120
Advertising$284$3$487$774
Fees for Services Other$551$71$72$694
Depreciation Depletion$339$29$145$513
Total Functional Expenses$361,954$28,947$113,081$503,982

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$507,377
Expenses per Audited Statements$503,982
Total Expenses per Form 990$503,982
Expenses Not Reported on Form 990$3,395
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
Kate BenedictKey EmployeeLicensing & MaterialsNo$104,684

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 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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings

“No committees have authority to act on behalf of the governing body.”

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

“Treasurer and board chair will review the form 990. Full board will vote to approve the form 990.”

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

“All board members are required to complete annual conflict of interest disclosures.”

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

“Full evaluation is completed by the board of directors and informed by staff input. Comparability data is reviewed and evaluation is used by the board to determine executive director compensation.”

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

“The form 990 is posted on the organization's website. The form 1023 exemption is available upon request.”

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

“The governing documents, policies, and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Financial Beginnings Oregon
EIN
81-4643539
Phone
8004061876
Address
1326 SW 12th Avenue, Portland, OR 97201

Signing Officer

Name
Kate Benedict
Title
Executive Director
Signed
2020-03-31
Discuss with paid preparer
Yes

Organization Details

Formed
2017
Legal Domicile
Or
Voting Board Members
8
Independent Board Members
8
Employees
5
Volunteers
236

Preparer

Firm
Alten Sakai & Company Llp
Address
10260 SW GREENBURG RD SUITE 300, PORTLAND, OR 97223-5513
Preparer
Thomas G Bode CPA
Phone
5032971072
Supplemental Narrative

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

“The endowment contribution and accumulated investment income are permanently restricted by the donor. The board of directors may annually appropriate for distribution an amount deemed prudent given the purpose of the endowment. The initial spending rate will be 4% of the financial beginnings oregon endowment fund's average fair value. No distributions were made during the year ended june 30, 2019. The board of directors does not anticipate making distributions until the endowment reaches $100,000.”

Raw XML AppendixShowing 400 of 507 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt020214
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt028845
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0FINANCIAL BEGINNINGS OREGON EMPOWERS YOUTH AND ADULTS TO TAKE CONTROL OF THEIR FINANCIAL FUTURES.
IRS990/AdvertisingGrp/FundraisingAmt0487
IRS990/AdvertisingGrp/ManagementAndGeneralAmt03
IRS990/AdvertisingGrp/ProgramServicesAmt0284
IRS990/AdvertisingGrp/TotalAmt0774
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt0620749
IRS990/AllOtherExpensesGrp/FundraisingAmt02
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0195
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02894
IRS990/AllOtherExpensesGrp/TotalAmt03091
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Laura Kropf
IRS990/BooksInCareOfDetail/PhoneNum08004061876
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02505 SW SPRING GARDEN ST STE 210
IRS990/BooksInCareOfDetail/USAddress/CityNm0PORTLAND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd097219
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0true
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0145470
IRS990/CashNonInterestBearingGrp/EOYAmt0298536
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt024282
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt014017
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt062532
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0100831
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0620749
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01240
IRS990/CYOtherExpensesAmt0169580
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt042009
IRS990/CYRevenuesLessExpensesAmt0160016
IRS990/CYSalariesCompEmpBnftPaidAmt0334402
IRS990/CYTotalExpensesAmt0503982
IRS990/CYTotalFundraisingExpenseAmt0113081
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0663998
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0150
IRS990/DeferredRevenueGrp/EOYAmt015000
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt0145
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt029
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0339
IRS990/DepreciationDepletionGrp/TotalAmt0513
IRS990/Desc0Financial Beginnings Oregon increases the financial capability of youth and adults in our state. This allows Oregonians to live with more financial security, and increases life opportunities such as homeownership, higher education, and secure retirement. Financial Beginnings works to:- Promote self-sufficiency by teaching individuals how to proactively improve their financial health.- Support un- and underbanked individuals in accessing and participating in financial services.- Provide age-appropriate financial education that meets or exceeds state-specific standards.- Enhance financial resiliency among underserved populations.- Provide all of these services at no cost to partners or participants. Financial Beginnings Oregons financial education programs reach all demographics but are designed to empower economically-vulnerable youth and adults through inclusive financial education. Because of this, Financial Beginnings Oregon proactively reaches underserved audiences such as low-income individuals, veterans, individuals with legal histories, individuals experiencing homelessness, and communities of color. Programs are provided in partnership with schools and community-based organizations, and are always offered at no cost to the participant or partner. Financial Beginnings educates over 25,000 Oregonians each year with free financial education. They are able to reach this many Oregonians because all of their programs are taught by over 300 trained community-based volunteers in the community. They also host an annual Financial Literacy Conference that brings together financial education stakeholders and supporters from across the state to gain financial literacy resources and collaborate.Most importantly, Financial Beginnings Oregon's programs have a measurable impact. In the six months following their participation, 98% of participants reported changing one or more of their financial behaviors. The most common changes were:- 89% of participants acted to protect themselves from identity theft or fraud;- 84% tracked their spending against the budget they created and,- 68% increased their overall savings.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0361954
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt08030
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01570
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt015000
IRS990/FeesForServicesAccountingGrp/TotalAmt024600
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/FundraisingAmt072
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt071
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0551
IRS990/FeesForServicesOtherGrp/TotalAmt0694
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt84207
IRS990/Form990PartVIISectionAGrp/PersonNm0SEAN EDWARDS
IRS990/Form990PartVIISectionAGrp/PersonNm1AMY THEUMA
IRS990/Form990PartVIISectionAGrp/PersonNm2DONALD RUGG
IRS990/Form990PartVIISectionAGrp/PersonNm3CHRIS CONKLIN
IRS990/Form990PartVIISectionAGrp/PersonNm4LASHANDA FRIEDRICH
IRS990/Form990PartVIISectionAGrp/PersonNm5FARHAD DADKHO
IRS990/Form990PartVIISectionAGrp/PersonNm6JOEY RUNNING
IRS990/Form990PartVIISectionAGrp/PersonNm7MARINA MARTINEZ-BATEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm8KATE BENEDICT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt895025
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8Executive Dir.
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0387
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0387
IRS990/GrossReceiptsAmt0663998
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/FundraisingAmt0599
IRS990/InsuranceGrp/ManagementAndGeneralAmt0121
IRS990/InsuranceGrp/ProgramServicesAmt01400
IRS990/InsuranceGrp/TotalAmt02120
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0853
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0853
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt024018
IRS990/InvestmentsPubTradedSecGrp/EOYAmt031148
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01539
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02564
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02051
IRS990/LandBldgEquipCostOrOtherBssAmt03590
IRS990/LegalDomicileStateCd0OR
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0FINANCIAL BEGINNINGS OREGON EMPOWERS YOUTH AND ADULTS TO TAKE CONTROL OF THEIR FINANCIAL FUTURES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0237347
IRS990/NetAssetsOrFundBalancesEOYAmt0398466
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0387
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0387
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01103
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt03881
IRS990/OccupancyGrp/ManagementAndGeneralAmt02793
IRS990/OccupancyGrp/ProgramServicesAmt09395
IRS990/OccupancyGrp/TotalAmt016069
IRS990/OfficeExpensesGrp/FundraisingAmt01663
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0716
IRS990/OfficeExpensesGrp/ProgramServicesAmt02863
IRS990/OfficeExpensesGrp/TotalAmt05242
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt07500
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt07696
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01771
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt018949
IRS990/OtherEmployeeBenefitsGrp/TotalAmt028416
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1EVENT EXPENSE
IRS990/OtherExpensesGrp/Desc2PROFESSIONAL DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3COMMUNICATIONS
IRS990/OtherExpensesGrp/FundraisingAmt025
IRS990/OtherExpensesGrp/FundraisingAmt12320
IRS990/OtherExpensesGrp/FundraisingAmt2846
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01879
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12072
IRS990/OtherExpensesGrp/ProgramServicesAmt084486
IRS990/OtherExpensesGrp/ProgramServicesAmt114989
IRS990/OtherExpensesGrp/ProgramServicesAmt24976
IRS990/OtherExpensesGrp/ProgramServicesAmt32023
IRS990/OtherExpensesGrp/TotalAmt084511
IRS990/OtherExpensesGrp/TotalAmt114989
IRS990/OtherExpensesGrp/TotalAmt29175
IRS990/OtherExpensesGrp/TotalAmt34941
IRS990/OtherInd0X
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt055636
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01938
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0122618
IRS990/OtherSalariesAndWagesGrp/TotalAmt0180192
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt06826
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01397
IRS990/PayrollTaxesGrp/ProgramServicesAmt016740
IRS990/PayrollTaxesGrp/TotalAmt024963
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt025000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt031148
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt080095
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt093544
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05564
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09532
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0FINANCIAL LITERACY CONF
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt042009
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt042009
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0497876
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0272
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0165309
IRS990/PYProgramServiceRevenueAmt060426
IRS990/PYRevenuesLessExpensesAmt0105123
IRS990/PYSalariesCompEmpBnftPaidAmt0288142
IRS990/PYTotalExpensesAmt0453451
IRS990/PYTotalRevenueAmt0558574
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0160016
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt042009
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0620749
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0498368
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01119117
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01027
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0272
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01299
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0102435
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0716996
IRS990ScheduleA/SubstantialContributorsTotAmt0402121
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0620749
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0498368
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01119117
IRS990ScheduleA/TotalSupportAmt01120416
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt024018
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt05000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt031148
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt02130
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt07
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt025000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt024018
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-975
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt03395
IRS990ScheduleD/DonatedServicesUseFcltsAmt03395
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesNotReportedAmt03395
IRS990ScheduleD/ExpensesSubtotalAmt0503982
IRS990ScheduleD/NetUnrealizedGainsInvstAmt01103
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02051
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01539
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03590
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleD/RevenueNotReportedAmt04498
IRS990ScheduleD/RevenueSubtotalAmt0663998
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENT CONTRIBUTION AND ACCUMULATED INVESTMENT INCOME ARE PERMANENTLY RESTRICTED BY THE DONOR. THE BOARD OF DIRECTORS MAY ANNUALLY APPROPRIATE FOR DISTRIBUTION AN AMOUNT DEEMED PRUDENT GIVEN THE PURPOSE OF THE ENDOWMENT. THE INITIAL SPENDING RATE WILL BE 4% OF THE FINANCIAL BEGINNINGS OREGON ENDOWMENT FUND'S AVERAGE FAIR VALUE. NO DISTRIBUTIONS WERE MADE DURING THE YEAR ENDED JUNE 30, 2019. THE BOARD OF DIRECTORS DOES NOT ANTICIPATE MAKING DISTRIBUTIONS UNTIL THE ENDOWMENT REACHES $100,000.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4: Intended uses of the endowment fund.
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02051
IRS990ScheduleD/TotalExpensesPerForm990Amt0503982
IRS990ScheduleD/TotalRevenuePerForm990Amt0663998
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0668496

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$442,311
Liabilities
$43,845
Net assets
$398,466
Revenue
$663,998
Expenses
$503,982
Net income
$160,016
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$2.27$5.23$2.96
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.85$0.36$5.49$6.62$6.65$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.14$0.42$5.71$7.32$6.96$0.37
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.18$1.47$5.70$7.56$6.33$1.22
2020Detailed filing. Detailed filing data is available for this year.$5.41$1.04$4.37$5.51$5.14$0.37
2019Detailed filing. Detailed filing data is available for this year.$4.42$0.44$3.98$6.64$5.04$1.60
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.58$0.20$2.37$5.59$4.53$1.05