FINANCIAL BEGINNINGS OREGON

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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

Phone

8004061876

Tax Period

2023-07-01 to 2024-04-30

FINANCIAL BEGINNINGS OREGON, founded in 2017, is a small nonprofit that reported $227K in total revenue in fiscal year 2023. Revenue fell 66% from the prior year — a significant decline worth monitoring. Expenses of $523K exceeded revenue, resulting in a 130% operating deficit.

Mission

FINANCIAL BEGINNINGS OREGON EMPOWERS YOUTH AND ADULTS TO TAKE CONTROL OF THEIR FINANCIAL FUTURES.

Program Service Accomplishments

Program 1

Expenses: $347,109

FINANCIAL BEGINNINGS OREGON (FBOR) INCREASES THE FINANCIAL CAPABILITY OF YOUTH AND ADULTS IN OUR STATE. THIS ALLOWS OREGONIANS TO LIVE WITH MORE FINANCIAL SECURITY, AND INCREASES LIFE OPPORTUNITIES SUCH AS HOMEOWNERSHIP, HIGHER EDUCATION, AND SECURE RETIREMENT. FBOR WORKS TO:-PROMOTE SELF SUFFICIENCY BY TEACHING INDIVIDUALS HOW TO PROACTIVELY IMPROVE THEIR FINANCIAL HEALTH.-SUPPORT UN- AND UNDERBANKED INDIVIDUALS IN ACCESSING AND PARTICIPATING IN FINANCIAL SERVICES.-PROVIDE AGE-APPROPRIATE FINANCIAL EDUCATION THAT MEETS OR EXCEEDS STATE-SEPCIFIC STANDARDS.-ENHANCE FINANCIAL RESILIENCY AMONG UNDERSERVED POPULATIONS.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $220,107

Program Service Revenue $0

Investment Income $6,863

Other Revenue $150

TOTAL REVENUE $227,120

Expense Breakdown

Grants Paid $0

Salaries & Benefits $303,440

Fundraising Expenses $109,194

Program Expenses $347,109

Other Expenses $147,064

TOTAL EXPENSES $523,404

Year-over-Year Comparison

	2023	2022	Change
Revenue	$227,120	$661,760	-0.7%
Expenses	$523,404	$665,378	-0.2%
Net Income	$-296,284	$-3,618	+80.9%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

165

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

$133,029

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEXANDER MANOOGIAN	President & CEO	40.00	Officer	$133,029	$0	$133,029
KAELYNN SIMMONS	BOARD MEMBER	1.00	Director	$0	$0	$0
KEN CALHOUN	Secretary	1.00	Officer Director	$0	$0	$0
AMY THEUMA	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
JOE HERRLE	BOARD MEMBER	1.00	Director	$0	$0	$0
LOGWONE WARRIOR MITZ	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL NAVARRO	BOARD MEMBER	1.00	Director	$0	$0	$0

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	$227,120	$523,404	No data	$-296,284
2023	$661,760	$665,378	$585,426	$-3,618
2022	$732,401	$695,725	$613,615	$36,676
2021	$755,580	$633,164	$717,600	$122,416
2020	$551,202	$513,963	$540,770	$37,239
2019	$663,998	$503,982	$442,311	$160,016
2018	$558,574	$453,451	$257,711	$105,123