Civic Intelligence

Pioneer Courthouse Square of Portland Inc.

990 • Fiscal year 2021 • EIN 93-0847710

Jul 01, 2020 to Jun 30, 2021 • Filed on Feb 28, 2022

715 SW Morrison Street Suite 702Portland, OR 97205

(503) 223-1613

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.15x

Higher debt load relative to assets than 63% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

65th percentile

0.20x

Higher debt load relative to revenue than 65% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

20th percentile

-3.6%

Higher net margin than 20% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

83rd percentile

$142,866

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 8.3% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

60th percentile

15%

Faster asset growth than 60% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

31st percentile

-0.6%

Faster revenue growth than 31% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,268,864

Up $292,513 (+15%) from 2020

Net Assets

Up

$1,921,030

Up $286,772 (+18%) from 2020

Liabilities

Up

$347,834

Up $5,741 (+1.7%) from 2020

Revenue

Down

$1,715,860

Down $10,883 (-0.6%) from 2020

Expenses

Down

$1,778,302

Down $76,706 (-4.1%) from 2020

Net Income

Up

-$62,442

Up $65,823 (+51%) from 2020

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,916,787Liabilities 2011: $274,722Net Assets 2011: $1,642,0652011Assets 2012: $1,789,725Liabilities 2012: $254,140Net Assets 2012: $1,535,5852012Assets 2013: $1,819,547Liabilities 2013: $263,492Net Assets 2013: $1,556,0552013Assets 2014: $1,922,536Liabilities 2014: $279,001Net Assets 2014: $1,643,5352014Assets 2015: $1,807,730Liabilities 2015: $207,417Net Assets 2015: $1,600,3132015Assets 2016: $1,810,678Liabilities 2016: $171,392Net Assets 2016: $1,639,2862016Assets 2017: $1,998,693Liabilities 2017: $232,572Net Assets 2017: $1,766,1212017Assets 2018: $2,046,596Liabilities 2018: $276,668Net Assets 2018: $1,769,9282018Assets 2019: $1,985,162Liabilities 2019: $215,241Net Assets 2019: $1,769,9212019Assets 2020: $1,976,351Liabilities 2020: $342,093Net Assets 2020: $1,634,2582020Assets 2021: $2,268,864Liabilities 2021: $347,834Net Assets 2021: $1,921,0302021Assets 2022: $2,433,302Liabilities 2022: $233,866Net Assets 2022: $2,199,4362022Assets 2023: $3,264,078Liabilities 2023: $662,145Net Assets 2023: $2,601,9332023Assets 2024: $3,203,759Liabilities 2024: $634,543Net Assets 2024: $2,569,2162024Assets 2025: $3,185,272Liabilities 2025: $600,335Net Assets 2025: $2,584,9372025

Highlighted filing

2021

Assets$2,268,864
Liabilities$347,834
Net Assets$1,921,030

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,465,4572011Expenses 2012: $1,479,9782012Expenses 2013: $1,562,6312013Revenue 2014: $1,534,835Expenses 2014: $1,544,285Net Income 2014: -$9,4502014Revenue 2015: $1,527,592Expenses 2015: $1,568,690Net Income 2015: -$41,0982015Revenue 2016: $1,600,195Expenses 2016: $1,520,927Net Income 2016: $79,2682016Revenue 2017: $1,579,949Expenses 2017: $1,546,325Net Income 2017: $33,6242017Revenue 2018: $1,684,451Expenses 2018: $1,749,532Net Income 2018: -$65,0812018Revenue 2019: $1,826,720Expenses 2019: $1,891,811Net Income 2019: -$65,0912019Revenue 2020: $1,726,743Expenses 2020: $1,855,008Net Income 2020: -$128,2652020Revenue 2021: $1,715,860Expenses 2021: $1,778,302Net Income 2021: -$62,4422021Revenue 2022: $2,453,569Expenses 2022: $2,098,367Net Income 2022: $355,2022022Revenue 2023: $2,323,243Expenses 2023: $2,004,291Net Income 2023: $318,9522023Revenue 2024: $1,892,203Expenses 2024: $2,090,731Net Income 2024: -$198,5282024Revenue 2025: $2,207,633Expenses 2025: $2,372,607Net Income 2025: -$164,9742025

Highlighted filing

2021

Revenue$1,715,860
Expenses$1,778,302
Net Income-$62,442
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Feb 28, 2022
Return Version
2020v4.0
Gross Receipts
$1,715,860
Mission and Program Overview

Mission

To activate and enrich the environment of the city of portlands premiere public park and gathering space for the benefit of portlands community members and visitors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$558,089$515,977▼ $42,112
Cash and Non-Interest-Bearing Accounts$198,051$147,534▼ $50,517
Accounts Receivable$82,046$93,079▲ $11,033
Prepaid Expenses and Deferred Charges$5,450$23,430▲ $17,980
Inventories for Sale or Use$20,715$20,318▼ $397
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-
Total Assets$1,976,351$2,268,864▲ $292,513
Other Assets Total$1,112,000$1,468,526▲ $356,526
Liabilities
Deferred Revenue$76,606$185,548▲ $108,942
Accounts Payable and Accrued Expenses$135,504$155,886▲ $20,382
Unsecured Notes Loans Payable$110,265--
Other Liabilities$19,718$6,400▼ $13,318
Total Liabilities$342,093$347,834▲ $5,741
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,634,258$1,905,982▲ $271,724
Net Assets With Donor Restrictions-$15,048-
Total Net Assets Fund Balance$1,634,258$1,921,030▲ $286,772
Total Liabilities and Net Assets / Fund Balance$1,976,351$2,268,864▲ $292,513

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$411,002$723,507$1,134,509
Equipment$104,975$55,021$159,996
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jennifer L PolverExecutive DirectorFT$128,500$14,366$142,866

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$219,167
Program Service Revenue
$1,429,275
Investment Income
$66,433
Other Revenue
$985
All Other Contributions
$108,902
Change in Net Assets
$-62,442

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,704,872
Revenue Not Reported on Financial Statements
$10,988
Revenue Not Reported on Form 990
$736,510
Total Revenue per Audited Statements
$2,441,382
Total Revenue per Form 990
$1,715,860
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,147,741
Salaries, Compensation, and Employee Benefits$630,561
Total Fundraising Expense$52,800
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$302,081$33,358$33,358$368,797
Current Officers, Directors, Trustees, and Key Employees$145,321$14,642$14,642$174,605
All Other Expenses$102,960--$102,960
Other Expenses$66,104--$66,104
Depreciation Depletion$62,328--$62,328
Occupancy$7,454$51,284-$58,738
Fees for Services Other-$56,103-$56,103
Office Expenses-$54,356-$54,356
Payroll Taxes$37,644$4,800$4,800$47,244
Advertising$26,489$16,664-$43,153
Other Employee Benefits$30,524--$30,524
Insurance-$22,993-$22,993
Fees for Service Investment Mgmnt Fees$10,988--$10,988
Pension Plan Contributions$9,391--$9,391
Total Functional Expenses$1,471,302$254,200$52,800$1,778,302

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,154,610
Total Expenses per Form 990$1,778,302
Expenses per Audited Statements$1,767,314
Expenses Not Reported on Form 990$387,296
Expenses Not Reported on Financial Statements$10,988
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
Yes
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
Rental Deposit Liability$6,400
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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 2: Description of Business or Family Relationship of Officers, Directors, Et

Paul andrews and matthew goodman have a business relationship.

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

A copy of form 990 is sent to the executive director and treasurer and made available to all trustees upon request to review prior to filing return.

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

Board members complete conflict of interest forms annually that are maintained by the administrative manager.

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

The executive director's performance and compensation is reviewed annually by the board's executive committee, led by the president of the board.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The executive director's performance and compensation is reviewed annually by the board's executive committee, led by the president of the board.

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

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Pioneer Courthouse Square
EIN
93-0847710
Phone
5032231613
Address
715 SW Morrison Street Suite 702, Portland, OR 97205

Signing Officer

Name
Matthew Goodman
Title
Treasurer
Signed
2022-02-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Polver
Formed
1983
Legal Domicile
Or
Voting Board Members
30
Independent Board Members
30
Employees
20
Volunteers
28

Preparer

Firm
Kern & Thompson LLC
Address
1800 SW First Avenue Suite 410, Portland, OR 97201
Preparer
Cheryl L Morgan CPA
Phone
5032223338
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IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt3PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT-ELECT
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IRS990/Form990PartVIISectionAGrp/TitleTxt24Trustee
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.19$0.60$2.58$2.21$2.37$0.16
2024Detailed filing. Detailed filing data is available for this year.$3.20$0.63$2.57$1.89$2.09$0.20
2023Detailed filing. Detailed filing data is available for this year.$3.26$0.66$2.60$2.32$2.00$0.32
2022Detailed filing. Detailed filing data is available for this year.$2.43$0.23$2.20$2.45$2.10$0.36
2021Detailed filing. Detailed filing data is available for this year.$2.27$0.35$1.92$1.72$1.78$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.98$0.34$1.63$1.73$1.86$0.13
2019Detailed filing. Detailed filing data is available for this year.$1.99$0.22$1.77$1.83$1.89$0.07
2018Detailed filing. Detailed filing data is available for this year.$2.05$0.28$1.77$1.68$1.75$0.07
2017Detailed filing. Detailed filing data is available for this year.$2.00$0.23$1.77$1.58$1.55$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.81$0.17$1.64$1.60$1.52$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.81$0.21$1.60$1.53$1.57$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.92$0.28$1.64$1.53$1.54$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.82$0.26$1.56$1.56
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.79$0.25$1.54$1.48
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.92$0.27$1.64$1.47