Peoples Foundation For Better Opportunities
- Assets
- $39.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Beaverton, OR
- Founding
- Data as of
- 12/2022
- EIN
- 85-3755344
Organization Overview
Peoples Foundation For Better Opportunities is located in Beaverton, OR. According to its NTEE Classification (W01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peoples Foundation For Better Opportunities 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 12/2022, Peoples Foundation For Better Opportunities generated $16.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (47.9%) each year. All expenses for the organization totaled $22.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
BEING THE FIRST YEAR OF OPERATION, WE HAVE SPENT OUR EFFORT DEFINING THE CRITERIA AND THE PROCESSES WE WANT TO USE TO DEFINE AND APPROVE GRANTS. AT PRESENT WE HAVE NOT PROVIDED ANY GRANT YET, BUT PLAN TO DO SO NEXT YEAR.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sathya Narayanan President | 10 | $0 | |
Rajeewa Arya Secretary | 8 | $0 | |
Rajan Mehndiratta Treasurer | 12 | $0 | |
Jyoti Veeramoney Board Member | 5 | $0 | |
Mahendra Shah Board Member | 5 | $0 | |
Nagendra Tirumali Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,471 |
| Total Program Service Revenue | $12,500 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $15,971 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $12,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $205 |
| Total expenses | $22,705 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,167 |
| Other assets | $0 |
| Total assets | $39,167 |
| Total liabilities | $0 |
| Net assets or fund balances | $39,167 |