Civic Intelligence

Portland Backpack

990 • Fiscal year 2022 • EIN 82-1797993

Jul 01, 2021 to Jun 30, 2022 • Filed on Dec 01, 2022

6600 NE 78th Ct C4Portland, OR 97218

(503) 610-2986

Siviq Scores

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

Liabilities / Assets

80th percentile

0.11x

Higher debt load relative to assets than 80% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

80th percentile

0.08x

Higher debt load relative to revenue than 80% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

27th percentile

-9.2%

Higher net margin than 27% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

96th percentile

$72,797

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 22.8% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

40th percentile

-3.6%

Faster asset growth than 40% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

9th percentile

-58%

Faster revenue growth than 9% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$225,516

Down $8,460 (-3.6%) from 2021

Net Assets

Down

$200,146

Down $29,389 (-13%) from 2021

Liabilities

Up

$25,370

Up $20,929 (+471%) from 2021

Revenue

Down

$319,426

Down $442,144 (-58%) from 2021

Expenses

Down

$348,815

Down $272,044 (-44%) from 2021

Net Income

Down

-$29,389

Down $170,100 (-121%) from 2021

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2018: $47,214Net Assets 2018: $47,2142018Assets 2019: $18,749Liabilities 2019: $1,789Net Assets 2019: $16,9602019Assets 2020: $92,003Liabilities 2020: $3,179Net Assets 2020: $88,8242020Assets 2021: $233,976Liabilities 2021: $4,441Net Assets 2021: $229,5352021Assets 2022: $225,516Liabilities 2022: $25,370Net Assets 2022: $200,1462022Assets 2023: $247,458Liabilities 2023: $14,649Net Assets 2023: $232,8092023Assets 2024: $194,357Liabilities 2024: $44,611Net Assets 2024: $149,7462024Assets 2025: $70,806Liabilities 2025: $30,861Net Assets 2025: $39,9452025

Highlighted filing

2022

Assets$225,516
Liabilities$25,370
Net Assets$200,146

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2018: $140,673Expenses 2018: $93,459Net Income 2018: $47,2142018Revenue 2019: $79,526Expenses 2019: $109,780Net Income 2019: -$30,2542019Revenue 2020: $209,915Expenses 2020: $138,051Net Income 2020: $71,8642020Revenue 2021: $761,570Expenses 2021: $620,859Net Income 2021: $140,7112021Revenue 2022: $319,426Expenses 2022: $348,815Net Income 2022: -$29,3892022Revenue 2023: $557,129Expenses 2023: $524,466Net Income 2023: $32,6632023Revenue 2024: $564,823Expenses 2024: $647,886Net Income 2024: -$83,0632024Revenue 2025: $462,354Expenses 2025: $572,155Net Income 2025: -$109,8012025

Highlighted filing

2022

Revenue$319,426
Expenses$348,815
Net Income-$29,389
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Dec 1, 2022
Return Version
2021v4.1
Gross Receipts
$357,968
Mission and Program Overview

Mission

Provide food each school year weekend to children attending portland public schools who qualify for free and reduced lunch

Provide food each school year weekend to children attending portland public schools who qualify for free and reduced lunch.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$169,675$133,513▼ $36,162
Land, Buildings, and Equipment, Net$41,012$35,832▼ $5,180
Cash and Non-Interest-Bearing Accounts-$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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$233,976$225,516▼ $8,460
Other Assets Total$23,289$56,171▲ $32,882
Liabilities
Other Liabilities$4,441$25,370▲ $20,929
Total Liabilities$4,441$25,370▲ $20,929
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$229,535$200,146▼ $29,389
Total Net Assets Fund Balance$229,535$200,146▼ $29,389
Total Liabilities and Net Assets / Fund Balance$233,976$225,516▼ $8,460

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$35,832$5,612$41,444
Other Assets Org$22,156--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Diane RheosExecutive DirectorFT$66,297$6,500$72,797

Board Members and Trustees

NameTitle
Tami ChenPresident
Christine PittsVice President
Blake BowyerMember
Debbie HutchinsMember
Katherine ColeMember
Maria LinmanMember
Mary EvansMember
Myrna MunozMember
Natalie EdwardsSecretary
Chris FolkertsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$342,730
Program Service Revenue
$0
Investment Income
$88
Other Revenue
$-23,392
All Other Contributions
$293,865
Change in Net Assets
$-29,389

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
Food Inventory39$38,708Fair Market Value (FMV)
Other Non Cash Contri Table4$13,600Fair Market Value (FMV)
Total Noncash Contributions43$52,308-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$137,536
Salaries, Compensation, and Employee Benefits$112,876
Other Expenses$98,403
Total Fundraising Expense$1,095
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$137,536--$137,536
Current Officers, Directors, Trustees, and Key Employees$75,250--$75,250
Other Salaries and Wages$28,808--$28,808
Occupancy$23,115$3,190$404$26,709
Advertising$19,828$2,117$360$22,305
Payroll Taxes$8,344--$8,344
Fees for Services Other$5,818$1,583$99$7,500
Insurance$4,615$2,349-$6,964
Information Technology$6,239$559-$6,798
Office Expenses$5,317$295-$5,612
Fees for Services Accounting$4,345$1,181$74$5,600
Depreciation Depletion$5,181--$5,181
Other Expenses$2,313$146-$2,313
Travel$1,061--$1,061
Pension Plan Contributions$474--$474
Conferences and Meetings$30-$158$188
Total Functional Expenses$336,300$11,420$1,095$348,815
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$38,542
Fundraising Gross Income$15,150
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dinner$64,015$15,150$14,842$308
Total Events$64,015$15,150$38,542$-23,392
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
Lease Obligation$22,415
Payroll Liabilities$2,955
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 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
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 11B: Form 990 Review Process

A draft of the form 990 was reviewed by the executive director and provided to the board of directors prior to submission.

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

In the first month of each fiscal year, all board members are provided the current conflict of interest policy and a signed conflict of interest statement is collected and saved for each board member.

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

Organization purchased the salary and benefits survey conducted by the nonprofit association of oregon. Also, board members called three other organizations of our revenue size to compare salary and benefits.

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

Reasonable requests for financial statements and governing documents are furnished upon request at the offices of portland backpack.

Filing and Contact Details

Filer

Filer Name
Portland Backpack
EIN
82-1797993
Phone
5036102986
Address
6600 NE 78th Ct C4, Portland, OR 97218

Signing Officer

Name
Diane Rheos
Title
Executive Director
Signed
2022-12-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Diane Rheos
Formed
2017
Legal Domicile
Or
Voting Board Members
10
Independent Board Members
10
Employees
6
Volunteers
1,200

Preparer

Firm
Kern & Thompson LLC
Address
1800 SW First Avenue Suite 410, Portland, OR 97201
Preparer
James J Huynh CPA
Phone
5032223338
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