- Revenue 2025
- $5,806,171
- Expenses 2025
- $4,311,800
Program services were 83.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- J21
- Classification
- 1000
- Street
- 100 PEARL ST FL 13
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2025
Mission
THE MISSION OF PREA FOUNDATION, INC. IS TO ADVANCE THE INTERESTS AND VALUES OF THE INSTITUTIONAL REAL ESTATE INVESTMENT COMMUNITY BY CREATING OPPORTUNITIES FOR PEOPLE FROM ALL BACKGROUNDS TO ACCESS AND EXCEL IN THE INDUSTRY.
Activities or mission (Part I)
CREATING OPPORTUNITIES FOR PEOPLE FROM ALL BACKGROUNDS TO ACCESS AND EXCEL IN THE COMMERCIAL REAL ESTATE INDUSTRY.
-
THE FOUNDATION PROVIDES FINANCIAL SUPPORT TO QUALIFIED GRANTEES WHICH PROVIDE PROFESSIONAL DEVELOPMENT PROGRAMS AND TRAINING TO ENCOURAGE INDIVIDUALS TO PURSUE CAREERS IN THE REAL ESTATE INDUSTRY. DURING THE YEAR ENDED DECEMBER 31, 2025, THE PROGRAM SERVED 7,952 STUDENTS.
Expenses $3,607,943 · Grants $3,223,273
As filed on the 2025 return.
Officers and directors · 2025
As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Deborah HarmonDEBORAH HARMON
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Kevin FaxonKEVIN FAXON
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Linda AssanteLINDA ASSANTE
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Dhvani ShahDHVANI SHAH
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Manny CasangaMANNY CASANGA
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Kimberly AdamsKIMBERLY ADAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dean AdlerDEAN ADLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Anar ChudgarANAR CHUDGAR
DIRECTOR (EX-OFFICIO)
- Total calculated
- $0
- Hours/week
- 1
-
Khalif EdwardsKHALIF EDWARDS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeffrey FineJEFFREY FINE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gail HaynesGAIL HAYNES
DIRECTOR (EX-OFFICIO)
- Total calculated
- $0
- Hours/week
- 1
-
Sonny KalsiSONNY KALSI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Zaneta KoplewiczZANETA KOPLEWICZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Eric LangERIC LANG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chris LeeCHRIS LEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Cathy MarcusCATHY MARCUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Alfonso MunkALFONSO MUNK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Amanda NunninkAMANDA NUNNINK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Christina ScarlatoCHRISTINA SCARLATO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan SlagerJONATHAN SLAGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Arturo SneiderARTURO SNEIDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Denise StakeDENISE STAKE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sally StocksSALLY STOCKS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ivan BarronIVAN BARRON
EXECUTIVE DIRECTOR
- Total calculated
- $354,026
- From this org
- $324,244
- From related orgs
- $0
- Other
- $29,782
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $324,244
- Bonus
- $0
- Other
- $0
- Deferred
- $18,000
- Nontaxable benefits
- $11,782
- Filer's total
- $354,026
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. Earlier years are each on their own filing page.
Filings
-
2025
- Revenue
- $5,806,171
- Expenses
- $4,311,800
- Contributions
- $5,181,643
- Grants paid
- $3,223,273
-
2024
- Revenue
- $14,098,469
- Expenses
- $3,712,060
- Contributions
- $13,542,119
- Grants paid
- $2,855,852
-
2023
- Revenue
- $4,481,458
- Expenses
- $3,288,293
- Contributions
- $3,823,937
- Grants paid
- $2,502,541
-
2022
- Revenue
- $9,656,557
- Expenses
- $1,773,490
- Contributions
- $9,497,106
- Grants paid
- $1,234,859
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $2,684,612
- Expenses
- $1,531,944
- Assets (EOY)
- $15,344,989
-
2020 · 990
- Revenue
- $648,969
- Expenses
- $1,005,755
- Assets (EOY)
- $14,168,741
-
2019 · 990
- Revenue
- $4,107,208
- Expenses
- $288,332
- Assets (EOY)
- $14,559,053
-
2018 · 990
- Revenue
- $3,001,414
- Expenses
- $191,635
- Assets (EOY)
- $10,906,640
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.
Grants made
-
SPONSORS FOR EDUCATIONAL OPPORTUNITY INC
$1,833,300
2025 PREA/SEO REAL ESTATE TRACK SUMMER 2025 INTERNSHIP PROGRAM.
-
SPONSORS FOR EDUCATIONAL OPPORTUNITY INC
$1,730,000
2024 PREA/SEO REAL ESTATE TRACK SUMMER 2024 INTERNSHIP PROGRAM.
-
SPONSORS FOR EDUCATIONAL OPPORTUNITY INC
$1,591,600
2023 PREA/SEO REAL ESTATE TRACK SUMMER 2023 INTERNSHIP PROGRAM
-
2022 PREA/SEO REAL ESTATE TRACK SUMMER 2022 INTERNSHIP PROGRAM
-
$408,973
2025 INITIATIVE TO INCREASE THE NUMBER OF COLLEGE-AGE WOMEN WHO ARE EXPOSED TO REAL ESTATE INVESTMENT MANAGEMENT CAREERS THROUGH EDUCATION AND INTERNSHIPS.
-
THE URBAN ALLIANCE FOUNDATION INC
$400,000
2025 TO EXPOSE STUDENTS AGES 16-24 TO THE REAL ESTATE INDUSTRY.
-
$394,852
2024 INITIATIVE TO INCREASE THE NUMBER OF COLLEGE-AGE WOMEN WHO ARE EXPOSED TO REAL ESTATE INVESTMENT MANAGEMENT CAREERS THROUGH EDUCATION AND INTERNSHIPS.
-
$331,000
2024 EDUCATIONAL PROGRAM ADVANCING THE ENTRANCE AND ONGOING SKILL DEVELOPMENT OF MBAS INTO THE FIELD OF REAL ESTATE.
-
$331,000
2025 EDUCATIONAL PROGRAM ADVANCING THE ENTRANCE AND ONGOING SKILL DEVELOPMENT OF MBAS INTO THE FIELD OF REAL ESTATE.
-
$272,441
2023 EDUCATIONAL PROGRAM ADVANCING THE ENTRANCE AND ONGOING SKILL DEVELOPMENT OF DIVERSE MBAS INTO THE FIELD OF REAL ESTATE
The 10 largest by cash amount. The API serves every itemized grant.
Grants received
-
PENSION REAL ESTATE ASSOCIATION
$1,000,000
2022 FOUNDATION INITIATIVE
-
2023 For grant recipient's exempt purposes
-
2023 COMMUNITY IMPROVEMENT AND DEVELOPMENT
-
2024 For grant recipient's exempt purposes
-
$50,000
2022 AIMS TO FURTHER THE INTERESTS AND VALUES OF THE INSTITUTIONAL REAL ESTATE INVESTMENT COMMUNITY
-
2022 For grant recipient's exempt purposes
-
$25,000
2024 CULTURE & ARTS
-
2024 General Support
-
PENSION REAL ESTATE ASSOCIATION
$20,116
2024 GENERAL OPERATING EXPENSES
-
2023 FOR RECIPIENT'S EXEMPT PURPOSE
The 10 largest by cash amount. The API serves every itemized grant.
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.