Pbdg Foundation is located in Portland, OR. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. As of 12/2021, Pbdg Foundation employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pbdg Foundation 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 12/2021, Pbdg Foundation generated $805.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (18.4%) each year. All expenses for the organization totaled $681.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PBDG FOUNDATION PROVIDES OUTREACH AND NETWORKING OPPORTUNITIES FOR ITS MEMBERS THROUGH A BI-MONTHLY MEETING THAT IS ATTENDED BY 25-35 MEMBERS, PARTNERS, GENERAL CONTRACTORS, AND PUBLIC AGENCIES TO DISCUSS CURRENT JOBS AVAILABLE FOR BID AND OTHER BUSINESS OPPORTUNITIES FOR DMWESB IN THE STATE OF OREGON. MEETINGS PROVIDE A FORUM FOR NETWORKING. A MONTHLY NEWSLETTER IS SENT VIA EMAIL TO APPROXIMATELY 90 MEMBERS, PARTNERS, AND GOVERNMENT AGENCIES HIGHLIGHTING DMWESB CONTRACTORS AND COMMUNICATING UPCOMING OPPORTUNITIES TO BID, AND A QUARTERLY ADIVISORY BOARD MEETING IS CONDUCTED TO SUPPORT MEMBERS THROUGH DISCUSSION ON TOPICS SUCH AS POLICIES, PROCEDURES, AND GOVERNMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
SMALL BUSINESS TRAINING AND EDUCATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kenechi Onyeagusi Executive Dir. | Officer | 40 | $144,223 |
Faye Burch Director | Trustee | 1 | $0 |
James Faison Director | Trustee | 1 | $0 |
Vicqui Guevara Treasurer | Trustee | 1 | $0 |
Nathaniel Hartley Director | Trustee | 1 | $0 |
Michael Martin Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $599,924 |
All other contributions, gifts, grants, and similar amounts not included above | $205,606 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $805,530 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $805,530 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $144,223 |
Compensation of current officers, directors, key employees. | $14,422 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $215,850 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $5,029 |
Payroll taxes | $30,342 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $27,137 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $143,252 |
Advertising and promotion | $23,301 |
Office expenses | $0 |
Information technology | $55,889 |
Royalties | $0 |
Occupancy | $2,780 |
Travel | $1,076 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $813 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $3,545 |
All other expenses | $4,293 |
Total functional expenses | $681,100 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $374,800 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $237,091 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $1,024 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $181 |
Total assets | $613,096 |
Accounts payable and accrued expenses | $9,762 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $8,885 |
Total liabilities | $18,647 |
Net assets without donor restrictions | $525,878 |
Net assets with donor restrictions | $68,571 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $613,096 |
Over the last fiscal year, we have identified 2 grants that Pbdg Foundation has recieved totaling $45,000.
Awarding Organization | Amount |
---|---|
Oregon Community Foundation Portland, OR PURPOSE: Economic Development | $25,000 |
Oregon And S Idaho Laborers Employers Cooperation And Edu Tr Portland, OR PURPOSE: CONSULTATION FOR HOW TO BETTER MARKET AND OUTREACH TO MINORITY OWNED BUSINESSES | $20,000 |
Organization Name | Assets | Revenue |
---|---|---|
Seiu United Healthcare Workers West And Joint Employer Education Fund Oakland, CA | $34,525,553 | $33,102,664 |
Pathpoint Santa Barbara, CA | $30,980,142 | $25,477,174 |
Southern Nevada Culinary And Bartenders Training Fund A Trust North Las Vegas, NV | $6,674,284 | $16,437,102 |
J M Perry Institute Of Trades Industries & Agriculture Yakima, WA | $56,509,979 | $22,461,419 |
Seiu 775 Benefits Group Seattle, WA | $6,479,287 | $14,865,996 |
National Test Pilot School Mojave, CA | $24,506,329 | $10,175,597 |
District Council 16 Northern California & Apprentice Training San Leandro, CA | $28,313,624 | $15,228,971 |
Puget Sound Electrical Apprenticeship And Training Trust Renton, WA | $19,899,360 | $9,666,420 |
Seiu 503 Training Partnership Portland, OR | $26,268,019 | $3,868,415 |
Las Best Los Angeles, CA | $11,946,723 | $9,062,975 |
Ada Developers Academy Seattle, WA | $17,753,765 | $21,495,090 |
Codepath Org San Francisco, CA | $6,941,504 | $9,162,565 |