Peer Servants is located in Woburn, MA. The organization was established in 1989. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, Peer Servants employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peer Servants is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Peer Servants generated $1.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $884.8k during the year ending 12/2023. While expenses have increased by 9.0% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO TRANSFORM LIVES BY PARTNERING FOR ECONOMIC EMPOWERMENT AND RENEWAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION ASSISTS AND SUPPLEMENTS THE EFFORTS OF SELECTED MISSIONS AND DEVELOPMENT AGENCIES AROUND THE WORLD BY SUPPLYING TECHNICAL AND FINANCIAL ASSISTANCE. IN 2023: PHILIPPINES/THE CENTER FOR COMMUNITY TRANSFORMATION (CCT): PROVIDED FUNDING FOR MICROFINANCE, EDUCATION, HEALTHCARE, AND YOUTH EMPOWERMENT PROGRAMS SERVING APPROXIMATELY 100,000 MICRO-ENTREPRENEURS, STUDENTS, AND YOUNG PEOPLE.SRI LANKA/YGRO-HEED (HOLISTIC EMPOWERMENT THROUGH ENTERPRISE DVELOPMENT): PROVIDED FUNDING FOR MICROFINANCE, EDUCATION, AND FOOD SECURITY PROGRAMS SERVING APPROXIMATELY 1,500 FAMILIES.INDIA/CHRISTIAN SERVICE SOCIETY (CSS): PROVIDED FUNDING FOR A MICROFINANCE AND EDUCATION PROGRAM SERVING APPROXIMATELY 30,000 MICRO-ENTREPRENEURS.GUATEMALA/CASA DEL ALFARERO: PROVIDED FUNDING FOR MICROFINANCE, EDUCATION, HEALTHCARE, AND FOOD/WATER SECURITY PROGRAMS FOR APPROXIMATELY 400 FAMILIES.UGANDA/CHRISTIAN ACTION FOR EMPOWERING CHURCH AND COMMUNITY (CAFECC)/PEERS IN ACTION FOR DEVELOPMENT (PAD): PROVIDED FUNDING FOR MICROFINANCE, EDUCATION, HEALTHCARE, AND YOUTH EMPOWERMENT PROGRAMS FOR APPROXIMATELY 1,000 FAMILIES.ZAMBIA/CHRISTIAN EMPOWERMENT MICROFINANCE (CEMFIN): PROVIDED FUNDING FOR MICROFINANCE, EDUCATION, FOOD SECURITY, AND YOUTH EMPOWERMENT PROGRAMS FOR APPROXIMATELY 200 FAMILIES.PERU/KALLARISUNCHIS: PROVIDED FUNDING FOR MICROFINANCE, EDUCATION, FOOD SECURITY, AND YOUTH EMPOWERMENT PROGRAMS FOR APPROXIMATELY 300 FAMILIES.SOUTH SUDAN/SPECIAL ACTION FOR LIFE TRANSFORMATION (SALT): PROVIDED FUNDING FOR MICROFINANCE, EDUCATION, FOOD SECURITY, AND YOUTH EMPOWERMENT PROGRAMS FOR APPROXIMATELY 400 FAMILIES.MOLDOVA/INVEST CREDIT: PROVIDED FUNDING FOR A MICROFINANCE PROGRAM SERVING APPROXIMATELY 700 MICRO-ENTREPRENEURS.BURUNDI/PEER TEENS BURUNDI: PROVIDED FUNDING FOR YOUTH EMPOWERMENT AND EDUCATION PROGRAMS FOR APPROXIMATELY 50 STUDENTS AND YOUNG PEOPLE.KENYA/PEER TEAM WELFARE ASSOCIATION: PROVIDED FUNDING FOR EDUCATION AND YOUTH EMPOWERMENT GRANTS FOR APPROXIMATELY 25 STUDENTS AND YOUNG PEOPLE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Paul Bodet Director | Trustee | 1 | $0 |
Dana Deardorff Vice Chair | Trustee | 1 | $0 |
Todd Engelsen President/treasurer | OfficerTrustee | 55 | $75,000 |
Hanna Machatha Director | Trustee | 1 | $0 |
Grace Ju Miller Director | Trustee | 1 | $0 |
John Yee Director | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,002,652 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,002,652 |
Total Program Service Revenue | $0 |
Investment income | $8,598 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,011,250 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $678,337 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $75,000 |
Compensation of current officers, directors, key employees. | $13,500 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $22,000 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $20,087 |
Payroll taxes | $7,749 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $11,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $4,940 |
Advertising and promotion | $30 |
Office expenses | $4,973 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $13,522 |
Travel | $25,679 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,348 |
All other expenses | $2,534 |
Total functional expenses | $884,753 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $327,986 |
Savings and temporary cash investments | $306,204 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $50,000 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $924 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $38,252 |
Total assets | $723,366 |
Accounts payable and accrued expenses | $12,966 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $38,252 |
Total liabilities | $51,218 |
Net assets without donor restrictions | $435,269 |
Net assets with donor restrictions | $236,879 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $723,366 |