Portland Released-Time Education Program
- Assets
- $135.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 03/1986
- Data as of
- 08/2024
- EIN
- 93-0908463
Organization Overview
Portland Released-Time Education Program is located in Portland, OR. The organization was established in 1986. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Portland Released-Time Education Program 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 08/2024, Portland Released-Time Education Program generated $68.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $62.5k during the year ending 08/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
THE PROGRAM SERVICES PROVIDED BY P.R.E.P INCLUDE RELIGIOUS INSTRUCTION PROVIDED BY PAID AND VOLUNTEER INDIVIDUALS. THE FUNDS ARE ALSO USED FOR SUPPLIES, JOURNALS, PUBLICATIONS AND OTHER RELIGIOUS EDUCATIONAL MATERIALS TO ENHANCE STUDENT LEARNING DURING THEIR RELEASE TIME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joanie Militich Executive Di | 20 | $21,600 | |
Ronald Gaither Secretary | 5 | $0 | |
David Mai Board Member | 1 | $0 | |
Michael Johnson Chairman | 5 | $0 | |
Robert Pearson Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,342 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $68,349 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $37,583 |
| Professional fees and other payments to independent contractors | $3,277 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,667 |
| Total expenses | $62,527 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,973 |
| Other assets | $0 |
| Total assets | $135,367 |
| Total liabilities | $11,345 |
| Net assets or fund balances | $124,022 |