Tie Oregon Foundation
- Assets
- $157.5k
- Revenue
- $576.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- Data as of
- 12/2021
- EIN
- 83-3286873
Organization Overview
Tie Oregon Foundation is located in Portland, OR. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tie Oregon 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, Tie Oregon Foundation generated $576.1k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $481.4k during the year ending 12/2021. While expenses have increased by 10.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE TIE OREGON FOUNDATION FOSTERS INVENTION AND ENTREPRENEURSHIP THROUGH EDUCATIONAL PROGRAMMING. THE TIE YOUNG ENTREPRENEURS PROGRAM IS AN INITIATIVE TO INSPIRE AND EMPOWER STUDENTS TO BECOME THE NEXT GENERATION OF BUSINESS AND COMMUNITY LEADERS. THE PROGRAM RUNS DURING THE SCHOOL YEAR AND CULMINATES WITH A GLOBAL PITCH COMPETITION. THE TIE XL ENTREPRENEUR BOOT CAMP IS A SERIES OF WORKSHOPS THAT TEACH FIRST TIME ENTREPRENEURS IMPORTANT TOPICS THEY NEED TO KNOW PRIOR TO RUNNING OR STARTING A COMPANY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TYE (TIE YOUNG ENTREPRENEURS) OREGON PROVIDES ENTREPRENEURIAL EDUCATION TO HIGH SCHOOL STUDENTS GRADES 9-12, THROUGH INTENSIVE WEEKLY MENTORING WORKING TOWARDS A LOCAL, THEN A GLOBAL COMPETITION. MONTHLY EVENTS ARE HOSTED FOR MEMBERS / NON MEMBERS FEATURING TOPICS RELEVANT TO ENTREPRENEURS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kari Naone Executive Director | OfficerTrustee | 15 | $33,519 |
Nitin Rai President | OfficerTrustee | 1 | $0 |
Robin Jones Secretary | OfficerTrustee | 1 | $0 |
Rob Johns Director | Trustee | 1 | $0 |
Shashi Jain Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $326,239 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $326,239 |
| Total Program Service Revenue | $178,588 |
| 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 | $576,070 |
| 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. | $109,838 |
| Compensation of current officers, directors, key employees. | $109,838 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,205 |
| Payroll taxes | $9,236 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $228,502 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $28,808 |
| Office expenses | $64,333 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,105 |
| 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 | $5,380 |
| All other expenses | $1,256 |
| Total functional expenses | $481,408 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $138,853 |
| Savings and temporary cash investments | $18,603 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $157,456 |
| Accounts payable and accrued expenses | $0 |
| 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 | $5,082 |
| Total liabilities | $5,082 |
| Net assets without donor restrictions | $0 |
| 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 | $152,374 |
| Total liabilities and net assets/fund balances | $157,456 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Tie Oregon Foundation has recieved totaling $143,048.
| Awarding Organization | Amount |
|---|---|
The Lemelson Foundation Portland, OR PURPOSE: TO DEVELOP THE ENTREPRENEURIAL SPIRIT AND SKILLS IN OREGON HIGH SCHOOL STUDENTS THROUGH STRUCTURED EDUCATION, MENTORING, AND EXPERIENTIAL ACTIVITIES. | $68,798 |
Oregon Community Foundation Portland, OR PURPOSE: Economic Development | $50,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $10,750 |
Quinsey Family Foundation Scottsdale, AZ PURPOSE: PROGRAM SUPPORT | $5,000 |
Raise The Arc Beaverton, OR PURPOSE: EXEMPT PURPOSE | $5,000 |
Umpqua Bank Charitable Foundation Portland, OR PURPOSE: TIE XL ENTREPRENEUR BOOT CAMP | $3,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kipp Foundation San Francisco, CA | $136,274,072 | $130,699,963 |
The Chicago School - California Inc Los Angeles, CA | $127,785,110 | $98,235,232 |
Uw Physicians Network Seattle, WA | $28,108,083 | $71,347,510 |
Social Good Fund Richmond, CA | $64,387,201 | $85,650,973 |
Avid Center San Diego, CA | $134,506,037 | $61,146,519 |
Khan Academy Inc Mountain View, CA | $115,035,528 | $59,263,743 |
California School Employees Association San Jose, CA | $160,720,307 | $80,296,309 |
Snohomish County Workforce Development Council Everett, WA | $4,878,979 | $47,934,088 |
Prager University Foundation Sherman Oaks, CA | $86,724,321 | $65,499,557 |
The Oakland Public Education Fund Oakland, CA | $29,835,630 | $28,210,005 |
Unicare Community Health Center Inc Ontario, CA | $12,734,998 | $31,780,162 |
University Studies Abroad Consortium Reno, NV | $41,233,258 | $28,044,577 |