BUILT OREGON

EIN: 813934437 501(c)(3) Community Improvement

PORTLAND, OR

Total Revenue
$474,305
Total Expenses
$468,143
Total Assets
$932,153
Net Assets
$909,055
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
OR
Principal Officer
KARMEN OLSON
Phone
5034304754
Tax Period
2024-01-01 to 2024-12-31

BUILT OREGON, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $474K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year.

Mission

TO ACCELERATE ENTREPRENEURIAL ACTIVITY AND ENHANCE ECONOMIC REVITALIZATION THROUGHOUT THE STATE OF OREGON.

Program Service Accomplishments

Program 1
Expenses: $217,793 Revenue: $267,749

PARTNERING WITH PROSPER PORTLAND FOR THE 2024 BRIDGES ACCELERATOR PROGRAM, BLACK-OWNED BUSINESS ENTREPRENEURS RECEIVED RECEIVE ONE-ON-ONE ADVISING FROM TRUSTED BUSINESS ADVISORS, TRAINING, AND OTHER...

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PARTNERING WITH PROSPER PORTLAND FOR THE 2024 BRIDGES ACCELERATOR PROGRAM, BLACK-OWNED BUSINESS ENTREPRENEURS RECEIVED RECEIVE ONE-ON-ONE ADVISING FROM TRUSTED BUSINESS ADVISORS, TRAINING, AND OTHER RESOURCES.

Program 2
Expenses: $117,759 Revenue: $66,768

BUILT FESTIVAL 2024 BRINGS OREGON TOGETHER TO PROMOTE ENTREPRENEURSHIP AND INNOVATION.

Program 3
Expenses: $21,758 Revenue: $52,558

PITCH BLACK EVENT 2024 SUPPORTED BLACK BUSINESSES BY PROVIDING BLACK ENTREPRENEURS A PLATFORM TO CONNECT WITH THE BROADER STARTUP ECOSYSTEM, WHILE ENGAGING IN PITCH COMPETITIONS FOR AWARD GRANTS TO...

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PITCH BLACK EVENT 2024 SUPPORTED BLACK BUSINESSES BY PROVIDING BLACK ENTREPRENEURS A PLATFORM TO CONNECT WITH THE BROADER STARTUP ECOSYSTEM, WHILE ENGAGING IN PITCH COMPETITIONS FOR AWARD GRANTS TO PROMOTE BUSINESS IDEAS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $450,931
Program Service Revenue $23,374
Investment Income $0
Other Revenue $0
TOTAL REVENUE $474,305

Expense Breakdown

Grants Paid $96,050
Salaries & Benefits $235,225
Fundraising Expenses $0
Program Expenses $402,089
Other Expenses $136,868
TOTAL EXPENSES $468,143

Year-over-Year Comparison

2024 2023 Change
Revenue $474,305 $583,775 -0.2%
Expenses $468,143 $574,650 -0.2%
Net Income $6,162 $9,125 -0.3%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
6
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$15,000
Total Directors
7
$15,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KARMEN OLSON BOARD CHAIR 7.50
Officer Director
$0 $0 $0
JASON BOLT DIRECTOR 7.50
Officer Director
$0 $0 $0
MICHELLE WALD BOARD VICE CHAIR 7.50
Officer Director
$0 $0 $0
ALINE OROZCO TREASURER 7.50
Officer Director
$0 $0 $0
SCOTT DAVIDSON SECRETARY 7.50
Officer Director
$0 $0 $0
NOELLE LOPEZ DIRECTOR 7.50
Officer Director
$0 $0 $0
STEPHEN GREEN DIRECTOR 7.50
Officer Director
$15,000 $0 $15,000
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $474,305 $468,143 $932,153 $6,162
2023 $583,775 $574,650 $923,906 $9,125
2022 $977,240 $532,001 $916,239 $445,239
2021 $675,788 $466,545 $484,917 $209,243
2020 $427,390 $319,055 $306,922 $108,335
2019 $295,879 $300,069 $157,944 $-4,190
2018 $229,849 $149,045 $164,541 $80,804
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