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Nonprofiteer
← PLEDGES INC

Form 990 for tax year 2024

Filed by PLEDGES INC.

Totals

Total revenue
$444,595
Total expenses
$822,301
Contributions and grants received
$0
Grants paid
$692,569
Program service revenue
$0
Investment income
$444,595
Other revenue
$0
Total assets, end of year
$4,379,207
Total liabilities, end of year
$6,933
Net assets or fund balances, end of year
$4,372,274
Program services expenses (Part IX)
$822,301
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$822,301

Program services were 100.0% 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.

  • 3 · Investment income

    total $444,595 · excluded $444,595

  • 8c · Net income from fundraising events

    total $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $333,927 · program services $333,927

  • 3 · Grants to foreign organizations and individuals

    total $358,642 · program services $358,642

  • 11b · Fees: legal

    total $1,875 · program services $1,875

  • 11c · Fees: accounting

    total $9,489 · program services $9,489

  • 11g · Fees: other

    total $98,199 · program services $98,199

  • 14 · Information technology

    total $19,586 · program services $19,586

  • 17 · Travel

    total $583 · program services $583

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $900,351 · end of year $409,267

  • 7 · Other notes and loans receivable

    beginning of year $3,000,000 · end of year $1,611,130

  • 15 · Other assets

    beginning of year $1,249,629 · end of year $2,358,810

  • 18 · Grants payable

    end of year $6,933

  • 27 · Net assets without donor restrictions

    beginning of year $5,149,980 · end of year $4,372,274

Mission and programs · 2024

Mission

TO HELP SUPPORT AND FISCALLY SPONSOR PROJECTS, ESPECIALLY IN TECHNICAL TRAINING IN DEVELOPING COUNTRIES.

  • WE HELP TECH FOUNDERS SUPPORT THE BEST TECH BOOT CAMPS WORLDWIDE.

    Expenses $822,301

As filed on the 2024 return.

Listed in Part VII

  • Murtaza Hussain

    PRESIDENT

    Total calculated
    $0
    Hours/week
    10

  • Ali Moiz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Cassius Kiani

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

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

Provenance

Return type
form_990
Tax year
2024
Filed
9 May 2025
IRS schema version
2024v5.1
Source object
202511329349302561

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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