Partners For Education And Business Inc
- Assets
- $12.5k
- Revenue
- $271.0k
- Investments
- $0.0
- Employees
- 4
- Location
- Syracuse, NY
- Founding
- 07/1994
- Data as of
- 06/2022
- EIN
- 16-1452100
Organization Overview
Partners For Education And Business Inc, operating under the name Peb, is located in Syracuse, NY. The organization was established in 1994. According to its NTEE Classification (O53) the organization is classified as: Youth Development - Business, under the broad grouping of Youth Development and related organizations. As of 06/2022, Peb employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peb 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 06/2022, Peb generated $271.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.0%) each year. All expenses for the organization totaled $266.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCHANCE THE QUALITY OF EDUCATION IN THE CENTRAL NEW YORK COMMUNITY BY PROMOTING, DEVELOPING AND COORDINATING THE INVOLVEMENT OF SCHOOLS, POST-SECONDARY INSTITUTIONS, BUSINESSES, EMPLOYERS AND THE COMMUNITY IN AN EFFORT TO EDUCATE OUR STUDENTS TO BECOME PRODUCTIVE, RESPONSBILE AND CONTRIBUTING MEMBERS OF OUR SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ENHANCE THE QUALITY OF EDUCATION IN THE CENTRAL NEW YORK COMMUNITY BY PROMOTING, DEVELOPING AND COORDINATING THE INVOLVEMENT OF SCHOOLS, POST-SECONDARY INSTITUTIONS, BUSINESSES, EMPLOYERS AND THE COMMUNITY IN AN EFFORT TO EDUCATE OUR STUDENTS TO BECOME PRODUCTIVE, RESPONSIBLE, AND CONTRIBUTING MEMBERS OF OUR SOCIETY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Petrie Treasurer | OfficerTrustee | 1 | $0 |
Martha Ponge Chief Executive Officer | Officer | 5 | $0 |
Greg Owens Director | Trustee | 1 | $0 |
Peter Tantalo Director | Trustee | 1 | $0 |
Mark Southwick Director | Trustee | 1 | $0 |
Drdonna Desiato Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $176,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $45,494 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $221,494 |
| Total Program Service Revenue | $49,500 |
| Investment income | $0 |
| 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 | $270,994 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $226,297 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $568 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,854 |
| Travel | $1,601 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,149 |
| Interest | $50 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $195 |
| Total functional expenses | $266,714 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,778 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,691 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,469 |
| Accounts payable and accrued expenses | $84 |
| Grants payable | $0 |
| Deferred revenue | $29,799 |
| 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 | $74,724 |
| Total liabilities | $104,607 |
| Net assets without donor restrictions | -$92,138 |
| Net assets with donor restrictions | $0 |
| 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 | $12,469 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Partners For Education And Business Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Central New York Community Foundation Inc Syracuse, NY PURPOSE: GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bergens Promise Inc Hackensack, NJ | $6,748,894 | $14,251,992 |
Network For Teaching Entrepreneurship New York, NY | $9,589,884 | $12,214,690 |
Reel Stories Teen Filmmaking Inc Brooklyn, NY | $1,349,194 | $2,572,031 |
Youth Service Managers Inc Boxford, MA | $5,127,710 | $1,464,939 |
Foundation For Free Enterprise Education Erie, PA | $5,614,586 | $1,865,641 |
Glassroots Inc Newark, NJ | $2,953,448 | $1,078,025 |
Young Entrepreneurs Academy Inc Pittsford, NY | $192,804 | $326,928 |
Omicelo Cares Pittsburgh, PA | $951,389 | $343,389 |
Junior Achievement Of Western Massachusetts Springfield, MA | $260,866 | $404,989 |
Partners For Education And Business Inc Syracuse, NY | $12,469 | $270,994 |
All Things Are Possible Foundation Inc Willingboro, NJ | $482,242 | $308,793 |
Nykbi Inc New York, NY | $57,865 | $227,712 |