Pendleton Underground Tours Inc

Nonprofit profile at a glance

EIN
930995215
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Pendleton, OR, USA
Phone
5412760730
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$395,401
Expenses
$367,376
Assets
$1,043,821
Liabilities
$16,766

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

Leadership & pay

11 people listed

Executive titles in this filing

  • Joey Grosjacques (President)
  • Roman Olivera (Vice President)

Highest reported compensation

  • Brooke Armstrong (Executive Dir.): $76,483 total reported compensation

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

Overview

Mission

Historical Education

What it reported doing in 2024

Pendleton Underground Tours is a place where culture is kept, history is told, and legends live on. We are dedicated to promoting and preserving the history and culture of Pendleton, maintaining a quality tour, and promote tourism in Pendleton and surrounding areas. P.U.T. accomplished this in 2024 by bringing approximately 17,190 visitors to the area from all 50 states and several other countries. This includes 4,072 people from five cruise ships the American Pride, American Empress, American Queen, Song and Jazz. They bus up to 80 people into Pendleton 4 times a week from April to November. We took through 1202 students with school groups. We work closely with the Chamber of Commerce, Pendleton Convention Center, and other tourist committees to continuously increase the number of people visiting Pendleton. We supported other non-profits by giving out over 100 tour gift certificates throughout the year. In May of 2024 we held our annual fundraiser Comes to Life, which incorporates 75 live actors/volunteers. This event brings in over 500 people in one day. During this event we work with other local businesses by incorporating and promoting their products into the tour. We sat on the Pendleton Chamber Board, Pendleton Round-Up Board, Pendleton Foundation Trust Board, Travel Pendleton Board, and Convention Center Commission. Throughout the year we have continuously done work to preserve our buildings and areas on the tour.

Operating model

Revenue model
Earned-program. 89% 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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 58
  • Transparency & Controls: 90
  • Accountability: 63
  • Sustainability: 53
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 64.7%; rating input score 65
  • Program expense ratio: 66.7%; rating input score 67
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 1 of 8 controls in place; rating input score 12
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 7.1%; rating input score 55; 55th percentile among comparable filings
  • Total-asset coverage ratio: 2.84; rating input score 68; 68th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 42; 42nd percentile among comparable filings
  • Officer compensation ratio: 20.8%; rating input score 18; 18th percentile among comparable filings

Growth

  • Program expense growth: 7.6% per year; rating input score 100; 63rd percentile among comparable filings
  • Revenue growth: 4.9% per year; rating input score 100; 52nd percentile among comparable filings
  • Asset growth: 3.9% per year; rating input score 100; 42nd percentile among comparable filings

Details

  • Where the money goes: 64.7% of revenue deployed · 66.7% of spending went to programs
  • Governance: 10 of 10 board members independent · 1 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $245K in reported program spending
  • Leadership: top reported pay $76K · 11 people listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • High — Accountability: Governance controls: 6 of 7 not reported.
  • Review — Sustainability: Operating margin scored 55/100.
  • High — Sustainability: Officer compensation ratio scored 18/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 42/100.