Civic Intelligence

The Mazamas Foundation

990 • Fiscal year 2018 • EIN 91-1829996

Oct 01, 2017 to Sep 30, 2018 • Filed on Aug 08, 2019

527 SE 43rd AvenuePortland, OR 97215

(503) 227-2345

Siviq Scores

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

Liabilities / Assets

59th percentile

0.16x

Higher debt load relative to assets than 59% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

97th percentile

8.16x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

4th percentile

-80%

Higher net margin than 4% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

11th percentile

-13%

Faster asset growth than 11% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

2nd percentile

-73%

Faster revenue growth than 2% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$3,794,530

Down $552,687 (-13%) from 2017

Net Assets

Up

$3,198,167

Up $33,240 (+1.1%) from 2017

Liabilities

Down

$596,363

Down $585,927 (-50%) from 2017

Revenue

Down

$73,076

Down $197,183 (-73%) from 2017

Expenses

Down

$131,198

Down $817,762 (-86%) from 2017

Net Income

Up

-$58,122

Up $620,579 (+91%) from 2017

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $3,766,055Liabilities 2010: $0Net Assets 2010: $3,766,0552010Assets 2011: $3,802,051Liabilities 2011: $0Net Assets 2011: $3,802,0512011Assets 2012: $4,058,466Liabilities 2012: $448,947Net Assets 2012: $3,609,5192012Assets 2013: $4,432,976Liabilities 2013: $379,826Net Assets 2013: $4,053,1502013Assets 2014: $4,922,576Liabilities 2014: $1,149,766Net Assets 2014: $3,772,8102014Assets 2015: $4,491,377Liabilities 2015: $868,890Net Assets 2015: $3,622,4872015Assets 2016: $4,501,221Liabilities 2016: $950,016Net Assets 2016: $3,551,2052016Assets 2017: $4,347,217Liabilities 2017: $1,182,290Net Assets 2017: $3,164,9272017Assets 2018: $3,794,530Liabilities 2018: $596,363Net Assets 2018: $3,198,1672018Assets 2019: $2,952,452Liabilities 2019: $237,085Net Assets 2019: $2,715,3672019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2018

Assets$3,794,530
Liabilities$596,363
Net Assets$3,198,167

Operations Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2010: $117,6912010Expenses 2011: $162,2222011Revenue 2012: $88,986Expenses 2012: $166,904Net Income 2012: -$77,9182012Expenses 2013: $168,5462013Revenue 2014: $453,048Expenses 2014: $1,003,127Net Income 2014: -$550,0792014Revenue 2015: $69,541Expenses 2015: $181,043Net Income 2015: -$111,5022015Revenue 2016: $133,382Expenses 2016: $525,722Net Income 2016: -$392,3402016Revenue 2017: $270,259Expenses 2017: $948,960Net Income 2017: -$678,7012017Revenue 2018: $73,076Expenses 2018: $131,198Net Income 2018: -$58,1222018Revenue 2019: $38,835Expenses 2019: $500,055Net Income 2019: -$461,2202019Revenue 2020: $310,985Expenses 2020: $3,023,772Net Income 2020: -$2,712,7872020

Highlighted filing

2018

Revenue$73,076
Expenses$131,198
Net Income-$58,122
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Aug 8, 2019
Return Version
2017v2.2
Gross Receipts
$73,076
Mission and Program Overview

Mission

To promote and further mountaineering and wilderness exploration.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,719,755$1,722,150▲ $2,395
Investments in Publicly Traded Securities$2,359,279$1,501,725▼ $857,554
Other Notes and Loans Receivable, Net-$320,000-
Pledges and Grants Receivable$188,940$150,000▼ $38,940
Savings and Temporary Cash Investments$78,391$86,052▲ $7,661
Prepaid Expenses and Deferred Charges$574$14,603▲ $14,029
Cash and Non-Interest-Bearing Accounts$278$0▼ $278
Accounts Receivable-$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$4,347,217$3,794,530▼ $552,687
Other Assets Total-$0-
Liabilities
Grants Payable$1,115,000$515,000▼ $600,000
Accounts Payable and Accrued Expenses$67,290$81,363▲ $14,073
Total Liabilities$1,182,290$596,363▼ $585,927
Net Assets / Fund Balance
Unrestricted Net Assets$3,117,291$3,150,531▲ $33,240
Permanently Rstr Net Assets$47,636$47,636→ $0
Total Net Assets Fund Balance$3,164,927$3,198,167▲ $33,240
Total Liabilities and Net Assets / Fund Balance$4,347,217$3,794,530▼ $552,687

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$773,961$332,035$1,105,996
Land$939,787-$939,787
Leasehold Improvements$8,402$2,000$10,402

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$3,164,927$1,457▲ $186,867$155,083$3,198,167
2016$3,551,205$188,867▲ $379,424$954,569$3,164,927
2015$3,622,487$166,986▲ $297,170$49,586$3,551,205
2014$3,772,810$90,100▼ $45,756$58,667$3,622,487
2013$4,053,150$475,800▲ $264,328$63,468$3,772,810
Compensation and Service Providers

Board Members and Trustees

NameTitle
Terry DonahePresident
Keith ThomajanVice President
Bronson PotterBoard Member
Jeff HawkinsBoard Member
Sandor LauBoard Member
Hye KwonSecretary
Brian LawrenceTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,457
Program Service Revenue
$0
Investment Income
$71,619
Other Revenue
$0
All Other Contributions
$1,457
Change in Net Assets
$-58,122
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$131,198
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
Depreciation Depletion$28,626--$28,626
Other Expenses$27,343--$27,343
Fees for Services Other-$17,300-$17,300
Insurance-$8,298-$8,298
Office Expenses-$7,675-$7,675
Total Functional Expenses$97,925$33,273$0$131,198
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
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
No
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

Form 990 is reviewed and approved by the president and treasurer and provided to the board prior to filing.

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

Reasonable requests for financial statements and governing documents are furnished upon request.

Filing and Contact Details

Filer

Filer Name
The Mazamas Foundation
EIN
91-1829996
Phone
5032272345
Address
527 SE 43rd Avenue, Portland, OR 97215

Signing Officer

Name
Brian Lawrence
Title
Treasurer
Signed
2019-08-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Terry Donahe
Formed
1997
Legal Domicile
Or
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

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

Financial Statement Notes

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

To support the activities of the mazamas.

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IRS990ScheduleA/AdjustedNetIncomeGrp/OtherGrossIncomeGrp/PriorYearAmt081392
IRS990ScheduleA/AdjustedNetIncomeGrp/ProductionIncomeGrp/PriorYearAmt00
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IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt092187
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt092187
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IRS990ScheduleA/DistributionAllocationsGrp/CYDistributableAsAdjustedAmt092187
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistrCPYAmt092187
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IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovAmt02007520
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr1Amt0920334
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr2Amt0444917
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr3Amt0150879
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr4Amt0583577
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistriCyovToNextYrAmt02110092
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear1Amt0102572
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear2Amt0920334
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear3Amt0444917
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear4Amt0150879
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear5Amt0491390
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriCYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/TotalExcessDistributionCyovAmt02099707
IRS990ScheduleA/DistributionAllocationsGrp/UnderdistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYAdministrativeExpensePaidAmt033273
IRS990ScheduleA/DistributionsGrp/CYDistriAttentiveSuprtOrgAmt00
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IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/PriorYearAmt02603502
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/PriorYearAmt040111
IRS990ScheduleA/MinimumAssetAmountGrp/DiscountClaimedAmt00
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IRS990ScheduleA/OtherSupportSumAmt00
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt090100
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0136000
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0957000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0264328
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IRS990ScheduleD/LandGrp/BookValueAmt0939787
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0939787

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