Fb4k Portland Inc
- Assets
- $17.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Oswego, OR
- Founding
- 04/2018
- Data as of
- 12/2019
- EIN
- 82-4958794
Organization Overview
Fb4k Portland Inc is located in Lake Oswego, OR. The organization was established in 2018. According to its NTEE Classification (N19) the organization is classified as: Support N.E.C., under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fb4k Portland Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2019, Fb4k Portland Inc generated $63.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 16.9% each year . All expenses for the organization totaled $54.7k during the year ending 12/2019. While expenses have increased by 20.6% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
WE HAD 179 VOLUNTEERS GATHER 535 BIKES IN 2019 THAT WERE REPAIRED AND REFURBISHED AS NEEDED. OUR VOLUNTEERS DONATED 974 HOURS. IN THE PORTLAND METRO AREA, 415 CHILDREN RECEIVED BIKES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kurt Wolfgang Operations Dir | 8 | $16,000 | |
Mark Waller Chairman | 1 | $0 | |
Jim Ruble Director | 1 | $0 | |
Jonathan Puskas Director | 1 | $0 | |
Lynn Peterson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,629 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $63,629 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $16,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $2,250 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,499 |
| Total expenses | $54,706 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,855 |
| Other assets | $0 |
| Total assets | $17,855 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,855 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fb4k Portland Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Silicon Valley Bicycle Coalition San Jose, CA | $1,517,715 | $1,801,397 |
Mt Hood Ski Education Foundation Inc Government Camp, OR | $770,438 | $1,092,598 |
The San Jose Sports Authority San Jose, CA | $687,222 | $607,370 |
Mwfy Nmtc Holdings Albany, OR | $15,192,824 | $7,743,991 |
Idaho Ski Areas Association Boise, ID | $189,621 | $331,756 |
Northwest Trail Alliance Inc Portland, OR | $386,604 | $400,749 |
Bike Clark County Vancouver, WA | $133,285 | $235,636 |
Northshore Athletic Fields Woodinville, WA | $176,603 | $0 |
Sea Otter Classic Foundation Inc Monterey, CA | $114,259 | $0 |
Nick Pasquale Foundation San Clemente, CA | $92,612 | $0 |
Big Star Ranch Inc Molalla, OR | $8,139 | $0 |
Nevada Gay Rodeo Association Ngra Las Vegas, NV | $69,490 | $0 |