Hillsboro Tuesday Market Place Inc Dba Hillsboro Tuesday Night Market

Nonprofit profile at a glance

EIN
931249105
IRS 990-EZ coverage
2009–2023
Forms available
Form 990-EZ 2023
Location
Hillsboro, OR, USA
Phone
5036010478
Rating
95
Verdict
STRONG
Rating confidence
Moderate
Sector
Fairs

Official website

Reported finances

Revenue
$184,450
Expenses
$171,526
Assets
$149,051
Liabilities
$896

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

9 people listed

People named in this filing

  • BRUCE FRANKLIN (VICE-CHAIR)
  • DAN RUSSELL (CHAIR)
  • KARLA ANTONINI (NON-VOTING M)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The hillsboro tuesday marketplace provides a cultural, educational marketplace where farmers, specialty food producers, artisans, restauranteurs, entertainers, educators, and the entire complex of the community can gather regularly during the summer months.

What it reported doing in 2023

The hillsboro tuesday marketplace typically provides thirteen weeks of performing and visual arts events during the summer months to an average of 6,000 hillsboro area citizens each week. Cultural events included musical performances at two stages, for each market date. Artisans and crafts persons provided weekly interactive demonstrations in their individual areas of expertise. In a partnership with tuality hospital, the hillsboro tuesday marketplace also typically provides thirteen weeks of health-based programs dealing with: cancer awareness, prevention, and screenings; cardiovascular health; asthma and healthy house environment; preparing for pregnancy; play therapy; kid's safety; sexually transmitted diseases; teen sexual abstinence; women's health; child car seat safety; substance abuse and addictions; and teen issues.

Operating model

Revenue model
Earned-program. 69% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 100
  • Sustainability: 48
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93.1%; rating input score 93
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 7%; rating input score 53; 53rd percentile among comparable filings
  • Total-asset coverage ratio: 0.87; rating input score 54; 54th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 47; 47th percentile among comparable filings
  • Officer compensation ratio: 24.8%; rating input score 14; 14th percentile among comparable filings

Growth

  • Program expense growth: 11.3% per year; rating input score 100; 63rd percentile among comparable filings
  • Revenue growth: 4.7% per year; rating input score 100; 47th percentile among comparable filings
  • Asset growth: 9.3% per year; rating input score 100; 58th percentile among comparable filings

Details

  • Where the money goes: 93.1% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $172K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 15 filing years from 2009 to 2023
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Sustainability: Operating margin scored 53/100.
  • Review — Sustainability: Total-asset coverage ratio scored 54/100.
  • High — Sustainability: Officer compensation ratio scored 14/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 47/100.