Urban Business Support

Nonprofit profile at a glance

EIN
831637297
IRS 990-EZ coverage
2020–2022
Forms available
Form 990-EZ 2022, Form 990-N 2019
Location
Puyallup, WA, USA
Phone
2535334265
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Economic Development

Reported finances

Revenue
$151,929
Expenses
$124,006
Assets
$78,312
Liabilities
$6,793

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • OLIVER SCOTT (EXECUTIVE DI)
  • CHRISTINE ROSE (SECRETARY)
  • ARTURO NOREIGA (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-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide assistance and educational programs to low-income communities.

What it reported doing in 2022

To support economic development in low-income communities to curb the negative impacts of gentrification, namely small business displacement and uneven distribution of investment capital and to provide local business owners the resources necessary to retain diversity of business ownership in economically developing neighbors.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 55% for direct work, and 45% for grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 82
  • Sustainability: 56
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 66.5%; rating input score 67
  • Program expense ratio: 81.3%; rating input score 81

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 18.4%; rating input score 71; 71st percentile among comparable filings
  • Total-asset coverage ratio: 0.63; rating input score 42; 42nd percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 27; 27th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 64; 64th percentile among comparable filings

Growth

  • Program expense growth: 84.5% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: 63.7% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: 70.1% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 66.5% of revenue deployed · 81.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $101K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2020 to 2022
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
  • High — Sustainability: Liabilities to assets ratio scored 27/100.