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← PUBLIC EDUCATION & BUSINESS COALITION

Form 990 for tax year 2023

Filed by PUBLIC EDUCATION & BUSINESS COALITION.

Totals

Total revenue
$8,508,722
Total expenses
$9,167,367
Contributions and grants received
$4,673,752
Grants paid
$1,796,789
Program service revenue
$3,753,317
Investment income
$74,130
Other revenue
$7,523
Total assets, end of year
$3,424,275
Total liabilities, end of year
$2,340,778
Net assets or fund balances, end of year
$1,083,497
Program services expenses (Part IX)
$7,603,454
Management and general expenses
$1,415,771
Fundraising expenses
$148,142
Program service expenses (Part III)
$7,603,454

Program services were 82.9% 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.

  • 1c · Fundraising events

    $122,967

  • 1e · Government grants (contributions)

    $3,407,142

  • 1f · All other contributions, gifts and grants

    $1,143,643

  • 2a · Program service revenue: NATIONAL CONTRACT REVENUE

    total $1,335,707 · related or exempt $1,335,707

  • 2b · Program service revenue: RESIDENCY PROGRAM FEES

    total $1,208,419 · related or exempt $1,208,419

  • 2c · Program service revenue: LOCAL AND COLD CONTRACTS

    total $857,016 · related or exempt $857,016

  • 2d · Program service revenue: INSTITUTE REVENUE

    total $352,175 · related or exempt $352,175

  • 3 · Investment income

    total $74,130 · excluded $74,130

  • 5 · Royalties

    total $7,523 · excluded $7,523

  • 8a · Fundraising events: gross income

    $42,183

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

    $122,967

  • 8b · Fundraising events: direct expenses

    $42,183

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $1,796,789 · program services $1,796,789

  • 5 · Compensation of officers, directors and key employees

    total $465,806 · program services $70,269 · management and general $325,268 · fundraising $70,269

  • 7 · Other salaries and wages

    total $4,379,855 · program services $3,721,531 · management and general $631,921 · fundraising $26,403

  • 8 · Pension plan contributions

    total $102,862 · program services $70,832 · management and general $30,328 · fundraising $1,702

  • 9 · Other employee benefits

    total $346,221 · program services $272,708 · management and general $67,623 · fundraising $5,890

  • 10 · Payroll taxes

    total $380,845 · program services $277,982 · management and general $94,035 · fundraising $8,828

  • 11d · Fees: lobbying

    total $56,560 · management and general $56,560

  • 11g · Fees: other

    total $377,217 · program services $346,217 · management and general $21,025 · fundraising $9,975

  • 13 · Office expenses

    total $505,281 · program services $394,050 · management and general $89,973 · fundraising $21,258

  • 16 · Occupancy

    total $69,124 · program services $52,723 · management and general $15,081 · fundraising $1,320

  • 19 · Conferences, conventions and meetings

    total $104,017 · program services $57,060 · management and general $45,333 · fundraising $1,624

  • 23 · Insurance

    total $31,208 · program services $23,803 · management and general $6,809 · fundraising $596

  • 24a · Other expenses: DIRECT MATERIALS

    total $447,462 · program services $415,370 · management and general $31,815 · fundraising $277

  • 24b · Other expenses: CREDIT LOSSES

    total $104,120 · program services $104,120

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,806,311 · end of year $21,771

  • 2 · Savings and temporary cash investments

    beginning of year $1,165,655 · end of year $2,843,243

  • 3 · Pledges and grants receivable

    beginning of year $191,876 · end of year $175,086

  • 4 · Accounts receivable

    beginning of year $134,369 · end of year $325,875

  • 9 · Prepaid expenses and deferred charges

    beginning of year $88,729 · end of year $9,182

  • 10a · Land, buildings and equipment: cost or other basis

    $42,524

  • 10b · Land, buildings and equipment: accumulated depreciation

    $42,524

  • 15 · Other assets

    beginning of year $108,060 · end of year $49,118

  • 17 · Accounts payable and accrued expenses

    beginning of year $249,416 · end of year $379,581

  • 19 · Deferred revenue

    beginning of year $154,116 · end of year $167,638

  • 24 · Unsecured notes and loans payable

    beginning of year $170,518 · end of year $466,112

  • 25 · Other liabilities

    beginning of year $1,178,808 · end of year $1,327,447

  • 27 · Net assets without donor restrictions

    beginning of year $1,530,386 · end of year $754,650

  • 28 · Net assets with donor restrictions

    beginning of year $211,756 · end of year $328,847

Mission and programs · 2023

Mission

EVERY CHILD DESERVES A GREAT EDUCATOR. PEBC WORKS ACROSS THE NATION TO PREPARE OUTSTANDING NEW TEACHERS, HELP PRACTICING TEACHERS AND LEADERS BECOME EXCEPTIONAL, AND SHAPE SYSTEMS AND POLICIES IN ORDER TO FOSTER VIBRANT GROWTH AND LASTING SUCCESS FOR BOTH STUDENTS AND TEACHERS.

Activities or mission (Part I)

TO CULTIVATE EDUCATORS WORTHY OF EACH AND EVERY LEARNER.

  • PEBC TEACHER RESIDENCY: ONE OF THE MOST IMPORTANT FACTORS IN THE ACHIEVEMENT OF STUDENTS IS THE PREPARATION AND QUALITY OF THE TEACHER. WE BELIEVE THAT ALL STUDENTS DESERVE INSPIRING AND EFFECTIVE TEACHERS WHO ENGAGE THEM IN LEARNING. PEBC OFFERS TWO PATHWAYS INTO THE PROFESSION THAT SUPPORT LEARNING AND RIGOROUS PREPARATION FOR THE FIELD: THE RESIDENCY PATHWAY AND THE TEACHER OF RECORD PATHWAY. IMPACT METRICS (UPDATED EVERY YEAR - NUMBER REFLECTS COHORT CENSUS NUMBERS FOR ONE YEAR): TRADITIONAL RESIDENTS: 55 TEACHERS OF RECORD: 50 TOTAL MENTORS: 105

    Expenses $5,126,035 · Grants $1,777,489 · Revenue $1,208,419

  • COLORADO-BASED PROFESSIONAL LEARNING: PEBC OFFERS SCHOOL AND SITE-BASED PROFESSIONAL DEVELOPMENT TRAININGS FOR TEACHERS AT ALL GRADE LEVELS AND ACROSS ALL SUBJECT AREAS. THERE ARE 275 DAYS OF INTENSIVE PROFESSIONAL DEVELOPMENT FOR OVER 1,000 TEACHERS AND PRINCIPALS IN 131 SCHOOLS, WHICH REPRESENTS 32 COLORADO DISTRICTS AND BENEFITS AN ESTIMATED 55,000 STUDENTS. THERE WERE 7 TRAVELING/ON-SITE INSTITUTES FOR 461 EDUCATORS IN COLORADO. LAB CLASSROOMS ALLOW PARTICIPANTS TO OBSERVE RESEARCH-BASED, HIGH QUALITY INSTRUCTION BY EXEMPLARY TEACHERS WORKING IN THEIR OWN CLASSROOMS. THERE WERE 6 LOCAL LABS IN FY24. NATIONAL CONSULTING AND PROFESSIONAL DEVELOPMENT: THERE WERE 260 DAYS OF PROFESSIONAL DEVELOPMENT IN OVER 20 SCHOOL DISTRICTS OUTSIDE OF COLORADO. 7 TRAVELING/ON-SITE INSTITUTES FOR OVER 250 EDUCATORS OUTSIDE OF COLORADO.

    Expenses $2,046,469 · Grants $19,300 · Revenue $2,192,723

  • INSTITUTES AND SEMINARS: P-12 EDUCATORS FROM COLORADO AND AROUND THE NATION LEARN FROM SEASONED PEBC STAFF DEVELOPERS AND EDUCATION EXPERTS DURING TWO-TO-FOUR DAY INSTITUTES AND SEMINARS. EDUCATORS PARTICIPATE IN HANDS-ON, INTERACTIVE SESSIONS FEATURING KEY TOPICS RELEVANT TO BEST PRACTICE INSTRUCTION. IN FY24, OVER 625 EDUCATORS PARTICIPATED IN THE FOLLOWING INSTITUTES: B.E.S.T. CONFERENCE THINKING STRATEGIES FORWARD: FROM POLARIZATION TO PROGRESS WRITING INSTITUTE: TEACHING ARGUMENT WRITING MINDS ON MATH PEBC LEADERSHIP SEMINAR SCIENCE INSTITUTE FACILITATION INSTITUTE LEADERSHIP LUNCH SERIES EFFECTIVE MENTORING & COACHING CRITICAL PRACTICES IN CULTURALLY AND LINGUISTICALLY DIVERSE EDUCATION

    Expenses $430,950 · Revenue $352,175

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Sue Sava

    PRESIDENT/CE

    Total calculated
    $263,645
    From this org
    $251,146
    From related orgs
    $0
    Other
    $12,499
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $251,146
    Bonus
    not reported
    Other
    not reported
    Deferred
    $2,760
    Nontaxable benefits
    $9,739
    Filer's total
    $263,645

  • Wendy Hoffer

    SR. DIR OF P

    Total calculated
    $142,623
    From this org
    $130,400
    From related orgs
    $0
    Other
    $12,223
    Hours/week
    40

  • Jessamyn Lockhart

    CHIEF INTEG.

    Total calculated
    $135,032
    From this org
    $122,959
    From related orgs
    $0
    Other
    $12,073
    Hours/week
    40

  • Esther Klaus-Quinlan Sr

    SR. DIR OF

    Total calculated
    $126,589
    From this org
    $118,997
    From related orgs
    $0
    Other
    $7,592
    Hours/week
    40

  • Jeff Johnson

    CFO THRU 10/

    Total calculated
    $120,398
    From this org
    $107,743
    From related orgs
    $0
    Other
    $12,655
    Hours/week
    40

  • Rachele McCawley Robertson Sr

    SR. DIR OF R

    Total calculated
    $119,835
    From this org
    $112,438
    From related orgs
    $0
    Other
    $7,397
    Hours/week
    40

  • Laura Morsch-Babu Sr

    SR. DIR OF C

    Total calculated
    $114,332
    From this org
    $108,694
    From related orgs
    $0
    Other
    $5,638
    Hours/week
    40

  • Brent Geist

    CFO AS OF 11

    Total calculated
    $26,695
    From this org
    $26,695
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Amie Baca-Oehlert

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    1

  • Tom Brinegar

    EMERITUS

    Total calculated
    $0
    Hours/week
    1

  • Tiffany Bray

    VICE CHAIR T

    Total calculated
    $0
    Hours/week
    1

  • Megan Cain

    EXOFFICIO AS

    Total calculated
    $0
    Hours/week
    1

  • Stacy Carpenter

    DIRECTOR THR

    Total calculated
    $0
    Hours/week
    1

  • Leanna Clark

    DIRECTOR THR

    Total calculated
    $0
    Hours/week
    1

  • Tracy Dorland

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    1

  • Brian Ewert

    DIRECTOR THR

    Total calculated
    $0
    Hours/week
    1

  • Patty Fontneau

    EMERITUS

    Total calculated
    $0
    Hours/week
    1

  • Brooke Fleming

    CHAIR THRU 3

    Total calculated
    $0
    Hours/week
    1

  • Dan Galemba

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Chris Gdowski

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    1

  • Jill Hawley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Edwin Hudson

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    1

  • Nick Job

    CHAIR AS OF

    Total calculated
    $0
    Hours/week
    1

  • Michael Giles Jr

    EXOFFICIO AS

    Total calculated
    $0
    Hours/week
    1

  • Jon Lehmann

    EMERITUS

    Total calculated
    $0
    Hours/week
    1

  • Dr Alex Marrero

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    1

  • Craig May

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ashlee Saddler Med

    SECRETARY TH

    Total calculated
    $0
    Hours/week
    1

  • Bret Miles

    EXOFFICIO AS

    Total calculated
    $0
    Hours/week
    1

  • Dan McMinimee

    DIRECTOR THR

    Total calculated
    $0
    Hours/week
    1

  • Loryn Okken

    SECRETARY AS

    Total calculated
    $0
    Hours/week
    1

  • Jennifer Perry

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    1

  • Kathy Plomer

    EXOFFICIO AS

    Total calculated
    $0
    Hours/week
    1

  • Mike Ramseier

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kendee Ruark

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Saira Rahman

    TREASURER TH

    Total calculated
    $0
    Hours/week
    1

  • Ed Scholz

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Alissa Skinner

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Dr Angelika Schroeder

    DIRECTOR THR

    Total calculated
    $0
    Hours/week
    1

  • David Weiss

    EXOFFICIO AS

    Total calculated
    $0
    Hours/week
    1

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 7
NON-FIXED BONUSES ARE AWARDED TO THE CEO/PRESIDENT AT THE DISCRETION OF THE BOARD OF DIRECTORS, AND NON-FIXED BONUSES ARE AWARDED TO EMPLOYEES AT THE DISCRETION OF THE CEO/PRESIDENT. SALARY SURVEYS ARE TAKEN FROM THE COLORADO NONPROFIT ASSOCIATION, GUIDESTAR & HR ADVANTAGE. THE EXECUTIVE COMMITTEE REVIEWS THE COMPENSATION DETERMINATION AND PUTS ALL AGREEMENTS INTO WRITING.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
15 April 2025
IRS schema version
2023v6.0
Source object
202521059349301232

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