BENDNEXT

EIN: 931224982 501(c)(3) Unknown

BEND, OR

Total Revenue
$1,171,219
Total Expenses
$749,029
Total Assets
$572,913
Net Assets
$441,523
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
OR
Principal Officer
SARA ODENDAHL
Phone
5413823221
Tax Period
2024-01-01 to 2024-12-31

BENDNEXT, founded in 1997, is a community nonprofit in the Unknown sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $422K, a strong 36% operating margin.

Mission

BENDNEXT IS FULLY FOCUSED ON STRENGTHENING THE ENTIRE CONTINUUM OF WORKFORCE DEVELOPMENT, COMMUNITY/CIVIC LEADERSHIP AND EMPLOYEE EDUCATION AND RETENTION OPTIONS LOCALLY.

Program Service Accomplishments

Program 1
Expenses: $519,315 Revenue: $108,430

BENDNEXT FOUNDATION 2024 ACCOMPLISHMENTSPLANNED AND HELD AN INCLUSIVE WORKPLACES TRAINING, CULTIVATING CONNECTIONS & BELONGING IN THE WORKPLACE, A 2-DAY WORKSHOP FOR 74 INDIVIDUALS REPRESENTING 34...

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BENDNEXT FOUNDATION 2024 ACCOMPLISHMENTSPLANNED AND HELD AN INCLUSIVE WORKPLACES TRAINING, CULTIVATING CONNECTIONS & BELONGING IN THE WORKPLACE, A 2-DAY WORKSHOP FOR 74 INDIVIDUALS REPRESENTING 34 DIFFERENT ORGANIZATIONSTHE CHAMBER, IN PARTNERSHIP WITH BENDNEXT, PROVIDENCE HEALTH, AND OTHER PRIVATE SECTOR INVESTORS, INITIATED A REVOLVING LOAN PROGRAM FOR LOCAL NONPROFITS SEEKING TO BUILD PATHWAYS TO HOMEOWNERSHIP FOR CENTRAL OREGON'S WORKFORCE. THE LOAN, MANAGED BY MID OREGON CREDIT UNION, PARTNERS WITH ORGANIZATIONS THAT BUILD HOMES FOR THOSE SEEKING ENTRY AND MID-LEVEL OWNERSHIP. THE CHAMBER IS FUNDING A LOW-INTEREST, REVOLVING LOAN FUND WITH PARTNERS BUILDING LOWER-COST HOMES FOR BEND EMPLOYEES. THESE HOMES ARE DEED-RESTRICTED TO ENSURE THE ENTRY POINT TO HOME OWNERSHIP IS PASSED ON TO FUTURE BUYERS AND GENERATIONS. IN 2024, THE CHAMBER USED THE REVOLVING LOAN TO HELP PAY FOR THE CONSTRUCTION OF AN ENTRY-LEVEL HOME IN PARTNERSHIP WITH THE BEND-REDMOND HABITAT FOR HUMANITY. THE HOME WILL BE MOVE-IN READY FOR ITS NEW FAMILY IN 2025. NONPROFIT PARTNERS LIKE HABITAT FOR HUMANITY, AND SEVERAL OTHERS IN CENTRAL OREGON ARE ESSENTIAL IN DEPLOYING THE CHAMBER'S LOAN TO DECREASE FINANCING COSTS.GRADUATED THE 31ST LEADERSHIP BEND CLASS.DESIGNED AND LAUNCHED A NEW PROGRAM, NEXTUP LEADERS, TO HELP EMPLOYERS GROW THEIR INDIVIDUAL CONTRIBUTORS INTO SUCCESSFUL LEADERS.BENDNEXT HELD MORE THAN 30+ UNIQUE PROGRAMMING SESSIONS, INCLUDING: O BEND 101 FOR NEW RESIDENT LEARNING AND CIVIC ENGAGEMENT (3) O CULTIVATING CONNECTIONS & BELONGING IN THE WORKPLACE (2-DAY WORKSHOP) O LEADERSHIP BEND 9-MONTH PROGRAM DAYS (11) O 2024 LEADERSHIP BEND GRADUATION O EMERGING TALENT (ET) SUMMIT EDUCATIONAL CONFERENCE O EMERGING TALENT EDUCATIONAL AND NETWORKING EVENTS (12) WITH OVER 700 DIFFERENT INDIVIDUALS PARTICIPATING DURING THE YEAR

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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 $1,060,070
Program Service Revenue $108,430
Investment Income $2,658
Other Revenue $61
TOTAL REVENUE $1,171,219

Expense Breakdown

Grants Paid $2,000
Salaries & Benefits $509,202
Fundraising Expenses $75,241
Program Expenses $519,315
Other Expenses $237,827
TOTAL EXPENSES $749,029

Year-over-Year Comparison

2024 2023 Change
Revenue $1,171,219 $896,461 +0.3%
Expenses $749,029 $887,302 -0.2%
Net Income $422,190 $9,159 +45.1%
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

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
25

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
2
$219,651
Total Directors
10
$107,799
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATY BROOKS FORMER PRESIDENT/CEO 1.00
$0 $23,495 $201,307
TALENA BARKER VICE PRESIDENT 20.00
Officer
$0 $10,251 $111,852
SARA ODENDAHL INTERIM CEO 1.00
Officer Director
$0 $4,152 $107,799
BRITTANIA LEJA DIRECTOR 1.00
Director
$0 $0 $0
STEPHANIE BETTERIDGE DIRECTOR 1.00
Director
$0 $0 $0
HEATHER HANSEN DIRECTOR 1.00
Director
$0 $0 $0
REBECCA BERRY DIRECTOR 1.00
Director
$0 $0 $0
CHAD YOUNG DIRECTOR 1.00
Director
$0 $0 $0
JAY LYONS DIRECTOR 1.00
Director
$0 $0 $0
RENEE ALEXANDER DIRECTOR 1.00
Director
$0 $0 $0
CODY CLOYD DIRECTOR 1.00
Director
$0 $0 $0
TIA LEWIS DIRECTOR 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 $1,171,219 $749,029 $572,913 $422,190
2023 $896,461 $887,302 $39,661 $9,159
2022 $364,016 $351,677 $97,979 $12,339
2021 $180,349 $130,959 $22,275 $49,390
2020 $1,592,561 $1,745,516 $49,901 $-152,955
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