Pbdg Foundation
- Assets
- $1.1m
- Revenue
- $960.5k
- Investments
- $0.0
- Employees
- 9
- Location
- Portland, OR
- Founding
- Data as of
- 12/2023
- EIN
- 84-5161770
Organization Overview
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 12/2023, Pbdg Foundation employed 9 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 12/2023, Pbdg Foundation generated $960.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $774.8k during the year ending 12/2023. 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
2023
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
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J M Matt Hennessee Executive Dir. | Officer | 32 | $74,499 |
Keith Edwards Executive Dir. | Officer | 40 | $24,538 |
Faye Burch Director | Trustee | 1 | $10,901 |
James Faison Director | Trustee | 1 | $0 |
Vicqui Guevara Treasurer | Trustee | 1 | $0 |
Nathaniel Hartley Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $81,500 |
| Related organizations | $0 |
| Government grants | $649,293 |
| All other contributions, gifts, grants, and similar amounts not included above | $263,405 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $994,198 |
| 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 | -$33,654 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $960,544 |
| 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. | $109,938 |
| Compensation of current officers, directors, key employees. | $1,200 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $263,855 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $19,398 |
| Payroll taxes | $8,432 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,625 |
| Fees for services: Accounting | $43,756 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $236,004 |
| Advertising and promotion | $1,073 |
| Office expenses | $40,160 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,713 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $11,379 |
| All other expenses | $7,447 |
| Total functional expenses | $774,840 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $787,324 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $265,261 |
| 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 | $2,662 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,273 |
| Total assets | $1,056,520 |
| Accounts payable and accrued expenses | $32,134 |
| 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 | $5,468 |
| Total liabilities | $37,602 |
| Net assets without donor restrictions | $1,018,918 |
| Net assets with donor restrictions | $0 |
| 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 | $1,056,520 |