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Nonprofiteer
← MICRO ENTERPRISE SERVICES OF OREGON

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 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 Hilton

    CFO

    Total calculated
    $137,013
    From this org
    $127,276
    From related orgs
    $0
    Other
    $9,737
    Hours/week
    40
  • Le King

    HR DIRECTOR

    Total calculated
    $110,086
    From this org
    $110,086
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Jatuane Hall

    BUSINESS DEV

    Total calculated
    $107,836
    From this org
    $105,459
    From related orgs
    $0
    Other
    $2,377
    Hours/week
    40
  • Celina Sanchez-Crowell

    MARKETING DI

    Total calculated
    $103,452
    From this org
    $103,452
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Cirith Anderson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Casey Bonsai

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Scott Bossom

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Faye Burch

    DIRECTOR EME

    Total calculated
    $0
    Hours/week
    1
  • Ana Chaud

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jill Chen

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Dave Connell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Beth Cooke

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • James Graham

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sheila Holden

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Maurice Rahming

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Nitin Rai

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Cam 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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