Form 990 for tax year 2022
Filed by MICRO ENTERPRISE SERVICES OF OREGON.
Totals
- Total revenue
- $14,090,117
- Total expenses
- $14,098,309
- Contributions and grants received
- $3,245,731
- Grants paid
- $8,880,316
- Program service revenue
- $10,419,046
- Investment income
- $380,641
- Other revenue
- $44,699
- Total assets, end of year
- $16,462,647
- Total liabilities, end of year
- $3,955,688
- Net assets or fund balances, end of year
- $12,506,959
- Program services expenses (Part IX)
- $12,064,339
- Management and general expenses
- $1,903,976
- Fundraising expenses
- $129,994
- Program service expenses (Part III)
- $12,064,339
Program services were 85.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$92,856
-
1f · All other contributions, gifts and grants
$3,152,875
-
2a · Program service revenue: PROGRAM SERVICE FEES & CONTRA
total $10,419,046 · related or exempt $10,419,046
-
3 · Investment income
total $380,641 · excluded $380,641
-
8a · Fundraising events: contributions included on line 1c
$92,856
-
8b · Fundraising events: direct expenses
$37,534
-
8c · Net income from fundraising events
total -$37,534
-
11a · Other revenue: MISCELLANEOUS
total $82,233 · excluded $82,233
-
11e · Other revenue, total
$82,233
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $8,459,551 · program services $8,459,551
-
2 · Grants to domestic individuals
total $420,765 · program services $420,765
-
5 · Compensation of officers, directors and key employees
total $295,055 · program services $199,813 · management and general $88,702 · fundraising $6,540
-
7 · Other salaries and wages
total $2,934,036 · program services $1,986,949 · management and general $882,050 · fundraising $65,037
-
9 · Other employee benefits
total $338,479 · program services $228,465 · management and general $102,457 · fundraising $7,557
-
10 · Payroll taxes
total $333,317 · program services $236,673 · management and general $89,720 · fundraising $6,924
-
11g · Fees: other
total $535,604 · program services $193,663 · management and general $325,430 · fundraising $16,511
-
14 · Information technology
total $114,799 · program services $73,433 · management and general $41,366
-
16 · Occupancy
total $221,632 · program services $76,830 · management and general $143,808 · fundraising $994
-
17 · Travel
total $21,680 · program services $14,242 · management and general $7,304 · fundraising $134
-
20 · Interest
total $96,920 · program services $96,624 · management and general $296
-
22 · Depreciation, depletion and amortization
total $57,867 · program services $39,059 · management and general $17,516 · fundraising $1,292
-
23 · Insurance
total $30,443 · program services $1,447 · management and general $28,996
-
24a · Other expenses: SUPPLIES AND SMALL EQUIPM
total $98,598 · program services $20,946 · management and general $69,764 · fundraising $7,888
-
24b · Other expenses: OTHER
total $92,297 · program services $1,224 · management and general $86,383 · fundraising $4,690
-
24c · Other expenses: EVENTS
total $47,266 · program services $14,655 · management and general $20,184 · fundraising $12,427
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $6,323,372 · end of year $4,010,860
-
2 · Savings and temporary cash investments
beginning of year $5,465,906 · end of year $4,465,665
-
3 · Pledges and grants receivable
end of year $1,198,365
-
4 · Accounts receivable
beginning of year $981,808 · end of year $525,827
-
7 · Other notes and loans receivable
beginning of year $2,625,927 · end of year $4,056,257
-
9 · Prepaid expenses and deferred charges
beginning of year $63,822 · end of year $851,770
-
10a · Land, buildings and equipment: cost or other basis
$1,291,509
-
10b · Land, buildings and equipment: accumulated depreciation
$124,829
-
10c · Land, buildings and equipment, net
beginning of year $1,091,959 · end of year $1,166,680
-
12 · Investments: other securities
beginning of year $187,223 · end of year $187,223
-
17 · Accounts payable and accrued expenses
beginning of year $130,722 · end of year $255,925
-
19 · Deferred revenue
beginning of year $948,068 · end of year $584,953
-
23 · Secured mortgages and notes payable
beginning of year $3,109,902 · end of year $2,817,194
-
25 · Other liabilities
beginning of year $36,174 · end of year $297,616
-
27 · Net assets without donor restrictions
beginning of year $9,380,805 · end of year $11,841,685
-
28 · Net assets with donor restrictions
beginning of year $3,134,346 · end of year $665,274
Mission and programs · 2022
Mission
OUR MISSION IS TO ELEVATE UNDER-RESOURCED AND EXCLUDED ENTREPRENEURS TO BUILD RESILIENCE, EQUITY AND THRIVING COMMUNITIES THROUGH ACCESS TO CAPITAL TAILORED BUSINESS ASSISTANCE AND EDUCATION.
-
ANCHORS - THE MICRO ENTERPRISE SERVICES OF OREGON (MESO) ANCHORS PROGRAM INCLUDES IN-DEPTH, CUSTOMIZED AND EXTENDED SERVICES FOR 3-5 YEARS WITH ONGOING BUSINESS PLANNING, RECORDKEEPING AND ASSISTANCE WITH TAX, LEGAL AND MARKETING SERVICES. THE ANCHORS PROGRAM ASSISTED APPROXIMATELY 976 ENTREPRENEURS TO STABILIZE AND GROW THEIR BUSINESSES DURING THE LAST FISCAL YEAR.
Expenses $5,637,142 · Grants $3,335,992 · Revenue $4,270,819
-
LOAN FUND - MESO PROVIDES MICRO LOANS OF UP TO 50,000, LOANS FOR CREDIT BUILDING, GUARANTEED CREDIT LINES IN PARTNERSHIP WITH BANKS, EMERGENCY LOANS, AND COMMERCIAL REAL ESTATE AND EQUIPMENT LOANS UP TO 400,000. MESO IS A DESIGNATED SMALL BUSINESS ADMINISTRATION (SBA) MICRO LENDER AND A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI). MESO IS ALSO AN ADMINISTRATOR OF LOAN FUNDS TO ORGANIZATIONS THAT INCLUDE: IMMIGRANT AND REFUGEE COMMUNITY ORGANIZATION, HISPANIC METROPOLITAN CHAMBER, HACIENDA CDC, NEIGHBORHOOD HOUSE, AND PORTLAND STATE UNIVERSITY BUSINESS PROGRAM.
Expenses $645,326 · Revenue $414,184
-
EARLY CHILDCARE - MESO PARTNERS WITH MULTNOMAH COUNTY PRESCHOOL & EARLY LEARNING DIVISION AS AN INTERMEDIARY ORGANIZATION TO IMPLEMENT THE PILOT PROGRAM FOR THE COUNTY'S PRESCHOOL FOR ALL PROGRAM AND PROVIDES BOTH FINANCIAL AND TECHNICAL ASSISTANCE TO PRESCHOOL PROVIDERS IN THE COUNTY.
Expenses $5,134,867 · Grants $5,132,407 · Revenue $5,134,867
-
IDA INDIVIDUAL DEVELOPMENT ACCOUNTS ARE A 3:1 MATCHED SAVINGS PROGRAM OFFERED TO INCOME-QUALIFIED HOUSEHOLDS TO USE FOR BUSINESS-RELATED ASSETS AND ACTIVITIES. FINANCIAL PLANNING, TRAINING AND BUSINESS EDUCATION ARE PROVIDED TO PROGRAM PARTICIPANTS. IDAS WERE PROVIDED TO 83 RECIPIENTS DURING THE YEAR. YOUTH PROGRAMS THEMESO FUTURE LEADERS YOUTH PROGRAM PARTNERS WITH LOCAL SCHOOLS AND COMMUNITY PARTNERS TO PROVIDE ENTREPRENEURSHIP AND FINANCIAL LITERACY PROGRAMMING FOR YOUTH AND YOUNG ADULTS. WE CURRENTLY OFFER CLASSES FOR YOUTH FROM THIRD GRADE THROUGH 24 YEARS OF AGE.
Expenses $647,004 · Grants $411,917 · Revenue $599,176
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Cobi LewisCOBI LEWIS
EXECUTIVE DI
- Total calculated
- $186,751
- From this org
- $167,779
- From related orgs
- $0
- Other
- $18,972
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $167,779
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $18,972
- Filer's total
- $186,751
-
Jason HiltonJASON HILTON
CFO
- Total calculated
- $137,013
- From this org
- $127,276
- From related orgs
- $0
- Other
- $9,737
- Hours/week
- 40
-
Le KingLE KING
HR DIRECTOR
- Total calculated
- $110,086
- From this org
- $110,086
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Jatuane HallJATUANE HALL
BUSINESS DEV
- Total calculated
- $107,836
- From this org
- $105,459
- From related orgs
- $0
- Other
- $2,377
- Hours/week
- 40
-
Celina Sanchez-CrowellCELINA SANCHEZ-CROWELL
MARKETING DI
- Total calculated
- $103,452
- From this org
- $103,452
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Cirith AndersonCIRITH ANDERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Casey BonsaiCASEY BONSAI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Scott BossomSCOTT BOSSOM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Faye BurchFAYE BURCH
DIRECTOR EME
- Total calculated
- $0
- Hours/week
- 1
-
Ana ChaudANA CHAUD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jill ChenJILL CHEN
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Dave ConnellDAVE CONNELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Beth CookeBETH COOKE
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
James GrahamJAMES GRAHAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sheila HoldenSHEILA HOLDEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Maurice RahmingMAURICE RAHMING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nitin RaiNITIN RAI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Cam TurnerCAM TURNER
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
PEQUENITOS DAY CARE
$922,157
BUSINESS DEVELOPMENT
-
PIONEER PRESCHOOL
$871,780
BUSINESS DEVELOPMENT
-
MELODY'S MUNCHKINS 2 LLC
$818,355
BUSINESS DEVELOPMENT
-
PIXIE CHILD CARE AND PIXIE PLUS
$742,928
BUSINESS DEVELOPMENT
-
ANITA BATES
$595,172
BUSINESS DEVELOPMENT
-
EARLY LEARNING KINDGOM
$585,143
BUSINESS DEVELOPMENT
-
LADYBUGS ACADEMY AND LADYBUGS ACADEMY
$442,487
BUSINESS DEVELOPMENT
-
GOODMAN FAMILY CHILDCARE & PRESCHOO
$339,612
BUSINESS DEVELOPMENT
-
PEQUENOS EXPLORADORES SPANISH IMMERSION DAYCARE LLC
$311,088
BUSINESS DEVELOPMENT
-
HAPPY ANGEL'S DAYCARE
$274,068
BUSINESS DEVELOPMENT
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 17 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202401419349300200
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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