Lloyd Bid Inc

Nonprofit profile at a glance

EIN
931288383
IRS 990 coverage
2018–2024
Forms available
Form 990 2024
Location
Portland, OR, USA
Phone
5032420084
Rating
81
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$711,596
Expenses
$516,151
Assets
$971,396
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • CRAIG STROUD (Vice President)

People named in this filing

  • HENRY A ASHFORTH III (Chairman)
  • BOB GRAVELY (Director)
  • WADE LANGE (Treasurer)

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

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To fund supplemental transportation management services, cleaning services, promote sustainability among businesses and the neighborhood at large, support economic development, and foster a sense of community within the district.significant activities of the organization have focused on public safety and cleanliness, transportation access, landscape beautification, economic development, and district advocacy.

What it reported doing in 2024

Lloyd ecodistrict - living lab for sustainability: the lloyd ecodistrict is a different kind of economic development strategy. They work with community members to facilitate conversation, resource sharing, and development. They engage with neighbors, residents, small and large businesses, and partner organizations to foster a more connected place for people to live, work, and play.the ecodistrict has been in place since 2003 providing sustainability and community engagement-based services to lloyd employers and residents. During this time, the ecodistrict has completed the lloyd ecodistrict roadmap, an energy action plan and a waste reduction plan.work plan projects include: - achieved ecodistrict certification as 1st ecodistrict in Oregon and 7th worldwide, focusing on vibrant community-building through climate protection, equity, and resilience strategy. - established baseline metrics for 62 ambitious goals in 2030 roadmap, fostering partnerships, and devising strategies for sustainable community developments. This long-term strategy aligns with city and regional priorities, including central city 2035, portland & multnomah climate action plan, and various transportation and housing plans. - promoted weekly summer gatherings at the duckworth dock in partnership with human access project. The events include music, swimming, and activating portland's riverfront. - through lamp, and led-retrofit program, ecodistrict upgraded 11,619 fixtures. - across 52 commercial properties in portland, 15 of which were in lloyd, resulting in annual cost savings of over $160k and a yearly reduction of 900 tons of co2 emissions. - worked with community partners to plant and maintain a pollinator corridor along the ne multnomah bikeway. A pollinator corridor is a social sculpture that combines ecology, community engagement, and design. It serves to turn a pre-existing urban area into a bustling environment for pollinating insects and other animals.

Operating model

Revenue model
Earned-program. 86% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 93
  • Accountability: 76
  • Sustainability: 78
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.5%; rating input score 71
  • Program expense ratio: 98.5%; rating input score 99
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • 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: 27.5%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 1.88; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 3.6% per year; rating input score 100; 35th percentile among comparable filings
  • Revenue growth: 4.3% per year; rating input score 100; 39th percentile among comparable filings
  • Asset growth: 11.2% per year; rating input score 100; 62nd percentile among comparable filings

Details

  • Where the money goes: 71.5% of revenue deployed · 98.5% of spending went to programs
  • Governance: 8 of 8 board members independent · 3 of 7 filing controls reported
  • Programs: 5 filed program accomplishments
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 13 of 14 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules · includes grants
  • Filing history: 7 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 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.

  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.