Peter-Paul Development Center Inc
- Assets
- $7.9m
- Revenue
- $2.0m
- Investments
- $819.3k
- Employees
- 54
- Location
- Richmond, VA
- Founding
- 05/1980
- Data as of
- 06/2024
- EIN
- 54-1137164
Organization Overview
Peter-Paul Development Center Inc is located in Richmond, VA. The organization was established in 1980. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2024, Peter-Paul Development Center Inc employed 54 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peter-Paul Development Center Inc 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 06/2024, Peter-Paul Development Center Inc generated $2.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $2.1m during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE RESIDENTS OF RICHMOND'S EAST END AND EDUCATE ITS STUDENTS, ENABLING THEM TO SERVE AS POSITIVE CONTRIBUTORS TO THEIR FAMILY, COMMUNITY, AND SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMS INCLUDE THE YOUTH PROGRAM WHICH PROVIDES YEAR-ROUND OUT-OF-SCHOOL TIME SUPPORT FOR YOUTH IN THE DENSEST CONCENTRATION OF POVERTY IN THE CITY OF RICHMOND. THE FOCUS OF THE PROGRAM IS ACADEMIC GROWTH. PETER PAUL ALSO OFFERS COMMUNITY EVENTS, FOOD DISTRIBUTION, AND COMMUNITY DEVELOPMENT WORK WITH NEIGHBORS AND OTHER SERVICE PARTNERS.
SHARED SERVICES
PROMISE FAMILY NETWORK, AND PARENT ENGAGEMENT, IS THE SECOND PROGRAMMING AREA. ENGAGING PARENTS THROUGH FAMILY PROGRAMMING, SOCIAL SUPPORTS, AND ENGAGING IN FAMILY GOAL SETTING ARE THE HALLMARKS OF THIS PROGRAMMING. THROUGH THE PROMISE FAMILY NETWORK, PARENTS OF CURRENT AND PROSPECTIVE STUDENTS OF PETER PAUL YOUTH PROGRAM HAVE CREATED A COMMUNITY FOCUSED ON STRENGTHENING THEIR FAMILY WELL-BEING AND DEVELOPING STRONGER RELATIONSHIPS BETWEEN PARENTS, CHILDREN, AND OTHER FAMILIES.
OUR THIRD AREA OF PROGRAMMING IS CALLED FAMILY AND COMMUNITY ENGAGEMENT (FCE). THROUGH FCE, WE ENGAGE THE ENTIRE COMMUNITY IN A VARIETY OF EVENTS, INCLUDING FIELD DAY ACTIVITIES, COMMUNITY INFO FEASTS ON IMPORTANT ISSUES (FOR EXAMPLE, GROWING GREAT SCHOOLS), AND PROGRAMS FOR SENIORS. IN ADDITION, FCE HAS CULTIVATED FIVE ACTION TEAMS THAT PARTNER WITH COMMUNITY ORGANIZATIONS TO HOST WORKSHOPS VITAL TO PERSONAL HEALTH AND MENTAL WELL- BEING, ACADEMIC SUCCESS, FAMILY DEVELOPMENT, AND COMMUNITY COHESION. THESE TEAMS ADDRESS TOPICS SUCH AS HELPING SMART BEGINNINGS WITH KINDERGARTEN REGISTRATION, INCREASING PARENTAL INVOLVEMENT IN EAST END SCHOOLS, AND COORDINATING TRAINING PROGRAMS ON DEVELOPING RESILIENCE FOR CHILDREN WHO EXPERIENCE TRAUMA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Corey Taylor CEO | Officer | 40 | $97,497 |
Alisha Turner Director Of | Officer | 40 | $14,416 |
Jessica Brooks Chair | OfficerTrustee | 4 | $0 |
Christa Coleman Chair Elect | Trustee | 2 | $0 |
Rae Cousins Director | Trustee | 2 | $0 |
Tamika Daniel Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $51,754 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $250,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,602,025 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,903,779 |
| Total Program Service Revenue | $0 |
| Investment income | $86,965 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $15,622 |
| Net Gain/Loss on Asset Sales | $14,464 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,031,321 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $111,913 |
| Compensation of current officers, directors, key employees. | $16,704 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $896,402 |
| Pension plan accruals and contributions | $11,765 |
| Other employee benefits | $90,759 |
| Payroll taxes | $76,207 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $325,794 |
| Advertising and promotion | $0 |
| Office expenses | $7,365 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $114,290 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,142 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $167,299 |
| Insurance | $25,905 |
| All other expenses | $71,683 |
| Total functional expenses | $2,123,530 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,441,104 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $325,009 |
| Accounts receivable, net | $11,079 |
| 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 | $0 |
| Net Land, buildings, and equipment | $2,935,230 |
| Investments—publicly traded securities | $1,285,613 |
| Investments—other securities | $819,252 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $40,897 |
| Total assets | $7,858,184 |
| Accounts payable and accrued expenses | $85,114 |
| Grants payable | $0 |
| Deferred revenue | $65,468 |
| 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 | $150,582 |
| Net assets without donor restrictions | $6,779,666 |
| Net assets with donor restrictions | $927,936 |
| 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 | $7,858,184 |