Old Town Community Association
Nonprofit profile at a glance
- EIN
- 843282699
- IRS 990 coverage
- 2021–2024
- Forms available
- Form 990 2024, Form 990-EZ 2020
- Location
- Portland, OR, USA
- Phone
- 5038034555
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Environmental Quality, Protection, and Beautification N.E.C.
Reported finances
- Revenue
- $1,073,818
- Expenses
- $1,086,752
- Assets
- $420,216
- Liabilities
- $74,088
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
People named in this filing
- JESSICA BURKE (CHAIR)
- LANCE ORTON (VICE CHAIR)
- JONATHAN COHEN (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 provide a facility for education, research and exchange of information for citizens within the general area of old town chinatown (otct), to broaden channels of communication between residents, property owners and business owners and employees and city officials in matters affecting otct livability and to assist in furthering activities and development within the boundaries of otct.
What it reported doing in 2024
Events: with the goal of increasing foot traffic and commerce in old town, otca has organized a series of activations and events. Over 25 events were planned or supported by the otca. These take place on street plazas and in a gallery space that is leased by the otca and include art openings, street activations, cultural events, and markets were held representing the broad constituents and viewpoints of the neighborhood. Indoor events averaged 150 attendees, street events averaged 1,000 attendees.capital projects were also managed by the otca: $500,000 completed arpa grant for neighborhood resiliency enhancements$500,000 chinatown gate restoration$285,000 lantern project$60,000 festival street art improvements$150,000 block 25 skatelot activation for the city of portland
Operating model
- Revenue model
- Grant-funded. 91% of the money available for current operations came from government grants.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 76% for direct work, and 24% for grants.
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 the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 78
- Accountability: 76
- Sustainability: 34
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.7%; rating input score 96
- Program expense ratio: 94.5%; rating input score 95
- Fundraising efficiency: $911.61 raised per $1 spent on fundraising; rating input score 97; 97th percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 16th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 57.5%; rating input score 57; 30th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- 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: Pass
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -1.2%; rating input score 32; 32nd percentile among comparable filings
- Total-asset coverage ratio: 0.39; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: 0.18; rating input score 34; 34th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 47.9% per year; rating input score 100; 95th percentile among comparable filings
- Revenue growth: 35.9% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 30.2% per year; rating input score 100; 91st percentile among comparable filings
Details
- Where the money goes: 95.7% of revenue deployed · 94.5% of spending went to programs
- Governance: 11 of 11 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $1M in reported program spending
- Leadership: top reported pay $0 · 17 people listed
- Consistency: 23 of 24 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 4 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Money network: 9 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.
- Review — Transparency & Controls: Grant itemization coverage scored 57/100.
- Moderate — Sustainability: Operating margin scored 32/100.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 34/100.