Imagine Black Futures

Nonprofit profile at a glance

EIN
825305527
IRS 990 coverage
2019–2023
Forms available
Form 990 2023, Form 990-N 2018
Location
Beaverton, OR, USA
Phone
9717034390
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Urban League

Official website

Reported finances

Revenue
$1,835,187
Expenses
$1,472,926
Assets
$1,868,669
Liabilities
$129,104

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

Leadership & pay

8 people listed

Executive titles in this filing

  • JOY ALISE DAVIS (EXECUTIVE DIRECTOR)

Highest reported compensation

  • JOY ALISE DAVIS (EXECUTIVE DIRECTOR): $159,307 total reported compensation
  • DANITA HARRIS (DEPUTY DIRECTOR OF MOVEMENT BUILDING): $133,733 total reported compensation

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

Overview

Mission

Imagine black futures helps portland's black community imagine the alternatives we deserve, builds our political participation and supports leadership to achieve those alternatives.

What it reported doing in 2023

Focus: civic engagement imagine black futures proudly advanced its mission through our civic power campaign, childcare campaign, public safety campaign, and just transitions campaignall focused on deepening civic engagement. This year, we successfully recruited a staff member to serve on the metro regional government committee on racial equity and deployed our civic engagement 101 curriculum. We hosted the parent & provider activist summit at our center for black radical imagination in old town, portland, and recruited two members to the metro transportation alternatives committee. Our staff played pivotal roles on key advisory boards, including the historic albina advisory board (haab), kaiser permanente's black health community advisory council, and the Oregon health authority's state health assessment steering committee. We facilitated 3 virtual workshops focused on civic engagement and community organizing and maintained participant involvement in the multnomah county health department budget advisory committee. Additionally, our policy staff engaged extensively in the metro regional transportation plan and identified future opportunities for involvement in projects such as regional flexible funds, tv highway, and the 82nd avenue corridor. These activities underscore our unwavering commitment to building civic power and advancing equitable policies for black oregonians.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 94% 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 83
  • Accountability: 78
  • Sustainability: 58
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 59.6%; rating input score 60
  • Program expense ratio: 74.2%; rating input score 74
  • Fundraising efficiency: $19.6 raised per $1 spent on fundraising; rating input score 58; 58th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 80%; rating input score 80; 17th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 19.7%; rating input score 77; 77th percentile among comparable filings
  • Total-asset coverage ratio: 1.27; rating input score 50; 50th percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 49; 49th percentile among comparable filings
  • Officer compensation ratio: 19.9%; rating input score 14; 14th percentile among comparable filings

Growth

  • Program expense growth: 37% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: 14.3% per year; rating input score 100; 77th percentile among comparable filings
  • Asset growth: 24.3% per year; rating input score 100; 85th percentile among comparable filings

Details

  • Where the money goes: 59.6% of revenue deployed · 74.2% of spending went to programs
  • Governance: 4 of 5 board members independent · 6 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $1.1M in reported program spending
  • Leadership: top reported pay $159K · 8 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 5 filing years from 2019 to 2023
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • 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 — Financial Efficiency: Fundraising efficiency scored 58/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 50/100.
  • High — Sustainability: Officer compensation ratio scored 14/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 49/100.