Civic Intelligence

More Housing Now

990 • Fiscal year 2020 • EIN 82-3199470

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 10, 2021

Organization ProfileMOREHOUSINGNOW.ORG
1300 SW Fifth Ave Ste 2400Portland, OR 97201

(503) 802-3600

Siviq Scores

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

Liabilities / Assets

97th percentile

1.37x

Higher debt load relative to assets than 97% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

91st percentile

0.70x

Higher debt load relative to revenue than 91% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Net Margin

77th percentile

23%

Higher net margin than 77% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Asset Growth

100th percentile

2624%

Faster asset growth than 100% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

31st percentile

-33%

Faster revenue growth than 31% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$159,937

Up $154,065 (+2624%) from 2019

Net Assets

Up

-$59,029

Up $71,324 (+55%) from 2019

Liabilities

Up

$218,966

Up $82,741 (+61%) from 2019

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin77th percentile

Revenue

Down

$313,447

Down $155,377 (-33%) from 2019

Expenses

Down

$242,123

Down $359,563 (-60%) from 2019

Net Income

Up

$71,324

Up $204,186 (+154%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$2.0M$1.0M$0-$1.0M-$2.0MAssets 2017: $265,059Liabilities 2017: $30,052Net Assets 2017: $235,0072017Assets 2018: $111,149Liabilities 2018: $108,640Net Assets 2018: $2,5092018Assets 2019: $5,872Liabilities 2019: $136,225Net Assets 2019: -$130,3532019Assets 2020: $159,937Liabilities 2020: $218,966Net Assets 2020: -$59,0292020Assets 2021: $58,786Liabilities 2021: $827,062Net Assets 2021: -$768,2762021Assets 2022: $208,820Liabilities 2022: $1,022,126Net Assets 2022: -$813,3062022Assets 2023: $456,649Liabilities 2023: $1,389,634Net Assets 2023: -$932,9852023Assets 2024: $372,074Liabilities 2024: $1,389,950Net Assets 2024: -$1,017,8762024

Highlighted filing

2020

Assets$159,937
Liabilities$218,966
Net Assets-$59,029
Open 2020 Filing

Operations Trend

Revenue Growth31st percentile

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

$1.0M$500K$0-$500K-$1.0MRevenue 2017: $346,721Expenses 2017: $111,714Net Income 2017: $235,0072017Revenue 2018: $528,618Expenses 2018: $761,116Net Income 2018: -$232,4982018Revenue 2019: $468,824Expenses 2019: $601,686Net Income 2019: -$132,8622019Revenue 2020: $313,447Expenses 2020: $242,123Net Income 2020: $71,3242020Revenue 2021: $112,500Expenses 2021: $802,747Net Income 2021: -$690,2472021Revenue 2022: $245,000Expenses 2022: $290,030Net Income 2022: -$45,0302022Revenue 2023: $0Expenses 2023: $119,679Net Income 2023: -$119,6792023Revenue 2024: $0Expenses 2024: $79,891Net Income 2024: -$79,8912024

Highlighted filing

2020

Revenue$313,447
Expenses$242,123
Net Income$71,324
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.1
Gross Receipts
$313,447
Mission and Program Overview

Mission

The organizations mission is to promote and maintain healthy housing policy in an effort to ensure adequate and uninterrupted supply.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable-$159,000-
Cash and Non-Interest-Bearing Accounts$5,872$937▼ $4,935
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-130,353$-59,029▲ $71,324
Total Assets$5,872$159,937▲ $154,065
Liabilities
Accounts Payable and Accrued Expenses$136,225$218,966▲ $82,741
Total Liabilities$136,225$218,966▲ $82,741
Net Assets / Fund Balance
Total Net Assets Fund Balance$-130,353$-59,029▲ $71,324
Total Liabilities and Net Assets / Fund Balance$5,872$159,937▲ $154,065
Compensation and Service Providers
Top Officer Pay86th percentile

Board Members and Trustees

NameTitle
Thomas BrennekePresident
Greg FrickMember
Tyler JohnsonMember
Jeff ReingoldSecretary-treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Davis Wright Tremaine LllpLegal Services1300 SW FIFTH AVENUE SUITE 2400, Portland, OR 97201$82,740
Revenue and Support

Revenue Composition

Contributions and Grants
$313,447
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$313,447
Change in Net Assets
$71,324
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$242,123
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 Legal$232,762--$232,762
Fees for Services Accounting$3,000--$3,000
Insurance$1,225--$1,225
Other Expenses$148--$148
Total Functional Expenses$242,123$0$0$242,123
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The 990 return is made available to the board prior to filing. An officer reviews the 990 prior to signature.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
More Housing Now
EIN
82-3199470
Phone
5038023600
Address
1300 SW FIFTH AVE STE 2400, PORTLAND, OR 97201

Signing Officer

Name
Thomas Brenneke
Title
President
Phone
5038023600
Signed
2021-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Brenneke
Formed
2017
Legal Domicile
Or
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Tidwell Group LLC
Address
3595 GRANDVIEW PARKWAY STE 500, BIRMINGHAM, AL 35243
Preparer
Joel T Mcdowell
Phone
2058221010
Raw XML Appendix313 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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ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-08
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ReturnHeader/ReturnTs02021-11-12T14:40:07-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0THOMAS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BRENNEKE
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$159,937
Liabilities
$218,966
Net assets
-$59,029
Revenue
$313,447
Expenses
$242,123
Net income
$71,324
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.37$1.39$1.02$0.00$0.08$0.08
2023Detailed filing. Detailed filing data is available for this year.$0.46$1.39$0.93$0.00$0.12$0.12
2022Detailed filing. Detailed filing data is available for this year.$0.21$1.02$0.81$0.25$0.29$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.06$0.83$0.77$0.11$0.80$0.69
2020Detailed filing. Detailed filing data is available for this year.$0.16$0.22$0.06$0.31$0.24$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.01$0.14$0.13$0.47$0.60$0.13
2018Detailed filing. Detailed filing data is available for this year.$0.11$0.11$0.00$0.53$0.76$0.23
2017Detailed filing. Detailed filing data is available for this year.$0.27$0.03$0.24$0.35$0.11$0.24