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Nonprofiteer
← FRIENDS OF PEB INC

Form 990 for tax year 2024

Filed by FRIENDS OF PEB INC.

Totals

Total revenue
$801,317
Total expenses
$846,301
Contributions and grants received
$797,669
Grants paid
$622,039
Program service revenue
$0
Investment income
$3,648
Other revenue
$0
Total assets, end of year
$570,003
Total liabilities, end of year
$4,831
Net assets or fund balances, end of year
$565,172
Program services expenses (Part IX)
$675,013
Management and general expenses
$100,121
Fundraising expenses
$71,167
Program service expenses (Part III)
$675,013

Program services were 79.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $797,669

  • 1g · Noncash contributions included above

    $0

  • 3 · Investment income

    total $3,648 · related or exempt $3,648 · unrelated business $0 · excluded $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0 · program services $0

  • 2 · Grants to domestic individuals

    total $0 · program services $0

  • 3 · Grants to foreign organizations and individuals

    total $622,039 · program services $622,039

  • 5 · Compensation of officers, directors and key employees

    total $78,000 · program services $19,500 · management and general $39,000 · fundraising $19,500

  • 7 · Other salaries and wages

    total $56,397 · program services $23,106 · management and general $5,092 · fundraising $28,199

  • 9 · Other employee benefits

    total $2,340 · program services $585 · management and general $1,170 · fundraising $585

  • 10 · Payroll taxes

    total $10,536 · program services $3,259 · management and general $3,501 · fundraising $3,776

  • 11c · Fees: accounting

    total $27,103 · management and general $27,103

  • 11g · Fees: other

    total $5,868 · program services $5,868

  • 12 · Advertising and promotion

    total $7,103 · fundraising $7,103

  • 13 · Office expenses

    total $5,170 · program services $301 · management and general $4,568 · fundraising $301

  • 17 · Travel

    total $8,798 · fundraising $8,798

  • 19 · Conferences, conventions and meetings

    total $5,392 · management and general $5,392

  • 23 · Insurance

    total $2,442 · program services $355 · management and general $1,832 · fundraising $255

  • 24a · Other expenses: bank and credit card fees

    total $4,949 · program services $0 · management and general $4,949 · fundraising $0

  • 24b · Other expenses: licenses and filing fees

    total $7,514 · program services $0 · management and general $7,514 · fundraising $0

  • 24c · Other expenses: development costs

    total $2,650 · program services $0 · management and general $0 · fundraising $2,650

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $223,763 · end of year $155,210

  • 2 · Savings and temporary cash investments

    beginning of year $388,130 · end of year $31,088

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,792 · end of year $2,544

  • 11 · Investments: publicly traded securities

    end of year $381,161

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,529 · end of year $4,831

  • 27 · Net assets without donor restrictions

    beginning of year $82,864 · end of year $56,899

  • 28 · Net assets with donor restrictions

    beginning of year $527,292 · end of year $508,273

Mission and programs · 2024

Mission

Our mission is to support and promote the educational purposes and fund development of the Presbyterian Education Board of Pakistan and other institutions and organizations that support education and empowerment of women.

  • Infrastructure: Building new schools, and new office building; new playground equipment; refurbishing schools and furnishings; new computer equipment.

    Expenses $419,329 · Grants $386,418 · Revenue $316,255

  • Scholarships: for day and boarding students in Kindergarten through grade 10; Scholarships for intermediate school students (grades 11 and 12); Scholarships for PEB students at other higher education institutions.

    Expenses $252,416 · Grants $232,610 · Revenue $282,534

  • Other: Library books; support of women's empowerment program; medical checkups; student clothing/gifts, curriculum materials

    Expenses $3,268 · Grants $3,011 · Revenue $5,866

As filed on the 2024 return.

Listed in Part VII

  • Cheryl Burke

    Executive Director

    Total calculated
    $78,000
    From this org
    $78,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Kirk Perucca

    Director

    Total calculated
    $0
    Hours/week
    2
  • John Armbrust

    Director

    Total calculated
    $0
    Hours/week
    2
  • Jennie Harrop

    Director

    Total calculated
    $0
    Hours/week
    2
  • Aized Gill

    Director

    Total calculated
    $0
    Hours/week
    2
  • Greg Harris

    President

    Total calculated
    $0
    Hours/week
    2
  • Caroline Haeberle

    Vice President

    Total calculated
    $0
    Hours/week
    2
  • Andrea McPherson

    Treasurer

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
4 April 2025
IRS schema version
2024v5.0
Source object
202500989349300420

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