The Piaba Foundation INC FY2023 filing

Tax-deductible

Norman, OK501(c)(3)Public & Societal BenefitEIN 45-4458410

To promote investor education by providing the public with information about abuses in the financial services industry and the securities dispute resolution process.

501(c)(3) charity; gifts are tax-deductible.
11¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average deficit $4K a year · 20% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
11%
of spending
Concern: 11% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
4 mo
of spending, in cash
Looks good: 3.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $35K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2K
-94% vs prior year
Spent
$19K
To programs
11%
Net assets
$6K
By yearFY2021–FY2025
Revenue
$2K
FY2023▼ -94%
Revenue by fiscal year
FY2021$18K
FY2022$34K
FY2023$2K
FY2024$42K
FY2025$200
FY2025$0
Expenses
$19K
FY2023▼ -36%
Expenses by fiscal year
FY2021$16K
FY2022$31K
FY2023$19K
FY2024Not on file
FY2025Not on file
FY2025Not on file
Net assets
$6K
FY2023▼ -74%
Net assets by fiscal year
FY2021$20K
FY2022$23K
FY2023$6K
FY2024$11K
FY2025$2K
FY2025$2K

From the FY2023 Form 990 (year ending March 2023) · see the original

You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2013.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

11 cents of each dollar spent went to programs.

Program services 11% · $2K Management & general 53% · $10K Fundraising 36% · $7K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Presicent
$0Pt VII · Sec A
$0Pt VII · Sec A
See The Piaba Foundation INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Educates investors about financial industry abuses and dispute resolution.

Provided by the organization

This section is blank until The Piaba Foundation INC claims this page.

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3 program services account for $2K of program spending, described in the organization's own filed words · FY2022.
01

Sponsors the james e. Beckley securities arbitration and law writing competition. Entries are judged based on quality of research and authority provided; accuracy and clarity of the analysis; compliance with legal writing standards; and technical quality of writing.

$2Kprogram expense
02

Produced and released question and answer investor education videos released via the piaba foundation website and facebook page. Videos included securities arbitration attorneys, experts and regulators providing information to the investing public on avoiding becoming a victim of financials fraud and INVESTOR/CUSTOMER rights in finra…

Pt IX · col B
03

To increase public investor awareness of expungement issues, prepare and publish reports and literature regarding its meaning and effects. Advocate on behalf of public investors who may be impacted by expungement abuses.

Pt IX · col B

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$35K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$2K
Ln 12
Other incomeLn 4–11$1K
Gifts and grantsLn 1h$1K
Investment incomeLn 3$57
Money outPt IX
$19K
Ln 25
Programscol B$2K
Managementcol C$10K
Fundraisingcol D$7K
Owns and owesPt X
$6K
net assets · Ln 32
Cash and savingsLn 1–2$6K
Total assetsLn 16$6K
LiabilitiesLn 26$0
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1K
Investment incomeLn 3$57
Other incomeLn 4–11$1K
Total revenueLn 12$2K
Assets in detailPt X, end of year
CashLn 1$5K
SavingsLn 2$2K
Cash and savings togetherLn 1–2$6K
Total assetsLn 16$6K
LiabilitiesLn 26$0
Net assetsLn 32$6K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderMarch
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$23K$6K
Total assetsLn 16$23K$6K
LiabilitiesLn 26$0$0
Net assetsLn 32$23K$6K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$2K$2K
Management feesLn 11a$240$240
Accounting feesLn 11c$525$525
Office expensesLn 13$761$611$150
Information technologyLn 14$228$228
OccupancyLn 16$8K$8K
InsuranceLn 23$837$837
Other expenses (24a–d)Ln 24$7K$403$7K
Total functional expensesLn 25$19K$2K$10K$7K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 $200$2K 990 PDF
FY2024 $42K$11K 990 PDF
FY2023 Viewing $2K$19K−$17K$6K 990 PDF
FY2022 $34K$31K$4K$23K 990 PDF
FY2021 $18K$16K$2K$20K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $2,187 across 5 lines filed
VIII-1f All other contributions, gifts and grants$1,010
VIII-1h Total contributions, gifts and grants$1,010
VIII-3 Investment incomeRelated to mission $57$57
VIII-8 Net income from fundraising eventsExcluded from tax $1,120$1,120
VIII-12 Total revenueRelated to mission $57 · Unrelated business $0 · Excluded from tax $1,120$2,187
Part IX · Statement of functional expenses $19,455 across 8 lines filed
IX-2 Grants to domestic individualsPrograms $2,044$2,044
IX-11a Management feesManagement $240$240
IX-11c Accounting feesManagement $525$525
IX-13 Office expensesManagement $611 · Fundraising $150$761
IX-14 Information technologyManagement $228$228
IX-16 OccupancyManagement $7,500$7,500
IX-23 InsuranceManagement $837$837
IX-24 Other expenses (24a–d)Management $403 · Fundraising $6,917$7,320
IX-25 Total functional expensesPrograms $2,044 · Management $10,344 · Fundraising $7,067$19,455
Part X · Balance sheet $6,152 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $19,841$4,632
X-2 Savings and temporary cash investmentsStart of year $3,579$1,520
X-16 Total assetsStart of year $23,420$6,152
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $23,420$6,152
X-33 Total liabilities and net assetsStart of year $23,420$6,152
Part XI · Reconciliation of net assets $6,152 net assets at year end
XI-1 Total revenue$2,187
XI-2 Total expenses$19,455
XI-3 Revenue less expenses−$17,268
XI-4 Net assets at start of year$23,420
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$6,152

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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