Peer Servants
- Assets
- $493.5k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 1
- Location
- Woburn, MA
- Founding
- 04/1989
- Data as of
- 12/2021
- EIN
- 04-3007191
Organization Overview
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. 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 12/2021, Peer Servants generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $848.6k during the year ending 12/2021. While expenses have increased by 11.1% per year over the past 7 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
2021
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 2021:PHILIPPINES/THE CENTER FOR COMMUNITY TRANSFORMATION (CCT): PROVIDED FUNDING FOR MICROFINANCE, EDUCATION, AND YOUTH EMPOWERMENT PROGRAMS SERVING APPROXIMATELY 100,000 MICRO-ENTREPRENEURS, STUDENTS, AND YOUNG PEOPLE.SRI LANKA/YGRO-HEED (HOLISTIC EMPOWERMENT THROUGH ENTERPRISE DEVELOPMENT): PROVIDED FUNDING FOR MICROFINANCE, EDUCATION, AND FOOD SECURITY PROGRAMS SERVING APPROXIMATELY 1,500 FAMILIES.INDIA/CHRISTIAN SERVICE SOCIETY (CSS): PROVIDED FUNDING FOR A MICROFINANCE 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): 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 300 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Engelsen President/treasurer | OfficerTrustee | 60 | $62,465 |
Heather Takle Clerk | OfficerTrustee | 1 | $0 |
David Ryder Director | OfficerTrustee | 1 | $0 |
Herma Williams Chair | OfficerTrustee | 5 | $0 |
Joseph Tucker Edmonds Director | Trustee | 1 | $0 |
Grace Ju Miller Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $15,800 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,074,315 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,090,115 |
| Total Program Service Revenue | $0 |
| Investment income | $51 |
| 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 | $1,090,166 |
| 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 | $706,127 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $79,725 |
| Compensation of current officers, directors, key employees. | $15,147 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,015 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,000 |
| Fees for services: Accounting | $8,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $23,257 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,761 |
| Travel | $42 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,702 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,259 |
| All other expenses | $0 |
| Total functional expenses | $848,588 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $242,490 |
| Savings and temporary cash investments | $250,131 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Total assets | $493,545 |
| Accounts payable and accrued expenses | $10,151 |
| 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 | $0 |
| Total liabilities | $10,151 |
| Net assets without donor restrictions | $311,456 |
| Net assets with donor restrictions | $171,938 |
| 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 | $493,545 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Peer Servants has recieved totaling $109,000.
| Awarding Organization | Amount |
|---|---|
Organization Name not Listed PURPOSE: TO PROMOTE AND FURTHER THE MISSION OF THE ORGANIZATION. TO CREATE PROGRAMS, EDUCATE AND EMPOWER AND BUILD SCHOOLS FOR THE UNDERSERVED. | | $100,000 |
Servant Foundation Overland Park, KS PURPOSE: COMMUNITY DEVELOPMENT | $9,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Polish-American Freedom Foundation New York, NY | $332,912,578 | $20,651,430 |
Omidyar-Tufts Microfinance Fund Somerville, MA | $114,828,830 | -$1,213,909 |
Dress For Success Worldwide New York, NY | $9,765,263 | $14,118,582 |
Endeavor Global Inc New York, NY | $17,758,887 | $22,239,624 |
Financial Services Volunteer Corps Inc New York, NY | $4,338,276 | $8,058,219 |
Romanian American Foundation New York, NY | $151,764,693 | $36,392,050 |
Nest Inc New York, NY | $5,296,909 | $4,810,117 |
Cerge-Ei Foundation New York, NY | $13,211,124 | $3,287,220 |
Junior Achievement Of New York New York, NY | $4,177,610 | $3,603,746 |
Junior Achievement Of Greater Boston Inc Boston, MA | $2,896,719 | $2,830,681 |
Junior Achievement Of Southwest New England Hartford, CT | $5,344,034 | $2,331,852 |
Shared Interest Inc New York, NY | $15,315,615 | $1,510,190 |