philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Peerverity Foundation FY2023 filing

Tax-deductible

Blacksburg, VA501(c)(3)Education EIN 86-2771984Revenue $237K in FY2023Latest return filed Nov 11, 2025

On file with the IRSBlacksburg, VATax-exempt since Dec 2021Publicly supported charity — 170(b)(1)(A)(vi)

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $100 a year.

How does your 990 look to donors? Take the 10-Question Audit

The mission of the Peerverity Foundation is to create educational training programs and free open-source software to help people to analyze information received via internet-based news and social media sources.

Form 990 Part I, line 1, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 86-2771984) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
83¢ 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
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average surplus $2.5M a year · 98% of revenue · last 4 filings
A surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
83%
of spending
83% of spending went to programs.
Pt IX · Ln 25 · col B
Cash reserves
90.3 mo
of spending, in cash
Plus $9.2M in investments, Pt X · Ln 11–13
90.3 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$54K
0.5% of total assets
Liabilities are 0.5% of assets.
Pt X · Ln 26
Independent board members
3
of 3 voting members
3 of 3 voting members are independent.
Pt VI · Ln 1a–1b
In line with peersDifferent from peersFar from peersNo peer rangeNo data yetTap a box for the reason.
Revenue
$237K
Spent
$120K
To programs
83%
Net assets
$10.1M
By yearFY2021–FY2024
Revenue
$237K
FY2023
Tap a bar for its year
Revenue by fiscal year
FY2021$10.0M
FY2022$0
FY2023$237K
FY2024$0
Expenses
$120K
FY2023▲ ×41
Tap a bar for its year
Expenses by fiscal year
FY2021$7K
FY2022$3K
FY2023$120K
FY2024$91K
Net assets
$10.1M
FY2023▲ +1%
Tap a bar for its year
Net assets by fiscal year
FY2021$10.0M
FY2022$10.0M
FY2023$10.1M
FY2024$10.0M

From the FY2023 Form 990 · see the original

990 PDF Support Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2021.

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

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $99K Management & general 17% · $21K

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

Something off? Claim to add context

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Donna Mitchell
Vice Preside
$0Pt VII · Sec A
Eric Frias
Director
$0Pt VII · Sec A
See Peerverity Foundation executive salaries →

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Develops free training and software to help people analyze online news and social media.

Questions for Peerverity Foundation

Tap to ask. Peerverity Foundation sees how many people are interested.

Your first name shows with your question. Peerverity Foundation answers here, for everyone.

1 program · $99K · in their own filed words · FY2023
01

To create educational training programs and free open-source software to help people to analyze information received via internet-based news and social media sources.

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 86-2771984) · Dispute this line
$99Kprogram expense

By the numbers

The FY2023 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$237K
Ln 12
Investment incomeLn 3$237K
Money outPt IX
$120K
Ln 25
Programscol B$99K
Managementcol C$21K
Owns and owesPt X
$10.1M
net assets · Ln 32
Cash and savingsLn 1–2$903K
Total assetsLn 16$10.1M
LiabilitiesLn 26$54K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$237K
Total revenueLn 12$237K
Assets in detailPt X, end of year
CashLn 1$903K
Cash and savings togetherLn 1–2$903K
InvestmentsLn 11–13$9.2M
Total assetsLn 16$10.1M
LiabilitiesLn 26$54K
Net assetsLn 32$10.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 63
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$8.5M$903K
InvestmentsLn 11–13$1.5M$9.2M
Total assetsLn 16$10.0M$10.1M
LiabilitiesLn 26$0$54K
Net assetsLn 32$10.0M$10.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$75$75
Investment management feesLn 11f$19K$19K
Other fees for servicesLn 11g$99K$99K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$25$25
Total functional expensesLn 25$120K$99K$21K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 11, 2025 $0$91K−$91K$10.0M 990 PDF
FY2023 ViewingFiled with the IRS Nov 5, 2024 $237K$120K$117K$10.1M 990 PDF
FY2022Filed with the IRS Nov 8, 2023 $0$3K−$3K$10.0M 990 PDF
FY2021Filed with the IRS Sep 15, 2022 $10.0M$7K$10.0M$10.0M 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2023 990
Part I · Summary $237,151 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenue$0
I-10 Investment income$237,151
I-11 Other revenue$0
I-12 Total revenue$237,151
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $2,931$119,931
I-18 Total expensesPrior year $2,931$119,931
I-19 Revenue less expensesPrior year −$2,931$117,220
Part VI · Governance 3 of 3 board members independent, 2 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $237,151 across 2 lines filed
VIII-3 Investment incomeExcluded from tax $237,151$237,151
VIII-12 Total revenueExcluded from tax $237,151$237,151
Part IX · Statement of functional expenses $119,931 across 5 lines filed
IX-11b Legal feesManagement $75$75
IX-11f Investment management feesManagement $19,262$19,262
IX-11g Other fees for servicesPrograms $98,974$98,974
IX-23 InsuranceManagement $1,595$1,595
IX-24 Other expenses (24a–d)Management $25$25
IX-25 Total functional expensesPrograms $98,974 · Management $20,957 · Fundraising $0$119,931
Part X · Balance sheet $10,144,404 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $8,509,057$902,813
X-11 Publicly traded securitiesStart of year $1,464,350$9,241,591
X-16 Total assetsStart of year $9,973,407$10,144,404
X-17 Accounts payable and accrued expenses$53,777
X-26 Total liabilitiesStart of year $0$53,777
X-27 Net assets without donor restrictionsStart of year $9,973,407$10,090,627
X-32 Total net assets or fund balancesStart of year $9,973,407$10,090,627
X-33 Total liabilities and net assetsStart of year $9,973,407$10,144,404
Part XI · Reconciliation of net assets $10,090,627 net assets at year end
XI-1 Total revenue$237,151
XI-2 Total expenses$119,931
XI-3 Revenue less expenses$117,220
XI-4 Net assets at start of year$9,973,407
XI-10 Net assets at end of year$10,090,627

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.