The Contingent
Nonprofit profile at a glance
- EIN
- 264224606
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024
- Location
- Portland, OR, USA
- Phone
- 5032813757
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $10,147,941
- Expenses
- $10,673,147
- Assets
- $5,070,242
- Liabilities
- $836,450
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- BEN T SAND (CEO)
Highest reported compensation
- BEN T SAND (CEO): $283,668 total reported compensation
- ANTHONY JORDAN (FORMER CCO): $200,837 total reported compensation
- FELICIA TRIPP (COO): $193,749 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The contingent empowers leaders and mobilizes community for the common good.
What it reported doing in 2024
The script, formerly emerging leaders, empowers underrepresented talent to become business and community leaders. Through both an internship program and an associate program for recent graduates, the script offers professional development resources and events, job matching and career solutions with pathways to leadership, mentorship, and a professional network.
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 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
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 program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 79
- Accountability: 95
- Sustainability: 20
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.3%; rating input score 87
- Program expense ratio: 82.9%; rating input score 83
- Fundraising efficiency: $16.63 raised per $1 spent on fundraising; rating input score 52; 52nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd 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: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -5.2%; rating input score 16; 16th percentile among comparable filings
- Total-asset coverage ratio: 0.48; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: 0.16; rating input score 63; 63rd percentile among comparable filings
- Officer compensation ratio: 13.7%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: -23.4% per year; rating input score 0; 1st percentile among comparable filings
- Revenue growth: -22.1% per year; rating input score 0; 0th percentile among comparable filings
- Asset growth: -16.2% per year; rating input score 0; 1st percentile among comparable filings
Details
- Where the money goes: 87.3% of revenue deployed · 82.9% of spending went to programs
- Governance: 6 of 6 board members independent · 8 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $8.8M in reported program spending
- Leadership: top reported pay $284K · 14 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $1.3M reported
- Consistency: 34 of 34 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 5 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 8 filed money-flow records
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Financial Efficiency: Fundraising efficiency scored 52/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 16/100.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- High — Growth: Asset growth scored 0/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- High — Sustainability: Officer compensation ratio scored 10/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.