Pye Global EIN 90-0429162 Form 990 (PDF) Claim this org

Pye Global

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Empowering young people globally to discover their purpose, power, and potential. For fiscal year 2021 it reported $635K in revenue, $610K in expenses, and $310K in net assets.Pt I

Type
Public charity (501(c)(3)) · International
Location
Seattle, WA
Website
www.pyeglobal.org
Filings
2 on file (2020–2021)
Revenue
$635KFY2021
Expenses
$610K
Net assets
$310K
People
13
Filings
2
Updates
0
More identity details & actions ⌄
EIN  90-0429162 Public charity (501(c)(3)) Seattle, WA
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowering young people globally to discover their purpose, power, and potential.
Leadership
Larisa Benson · Executive Di · $53K
Money in and out
$635K revenue, $610K expenses
Bottom line
76% program efficiency
Where the money goes · FY2021
Total revenue
$635K
Pt VIII · Ln 12
Total expenses
$610K
Pt IX · Ln 25
Net assets
$310K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $25K
Where spending went · Part IX cols B–D
Program services $0.76 Management & general $0.20 Fundraising $0.04
Program efficiency
76%
of spending reaches programs▲ +8% vs prior filing year
Operating runway
5.2mo
months of highly liquid reserves at operating expense rate▼ -41% vs prior filing year
Surplus margin
+4%
revenue over expenses, this year▲ +290% vs prior filing year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$635K
FY2021▲ +43%
Expenses
$610K
FY2021▲ +38%
Total assets
$350K
FY2021▲ +9%
Total liabilities
$39K
FY2021▲ +9%
Total revenue
$635K
Pt VIII · Ln 12
Total expenses
$610K
Pt IX · Ln 25
Net assets
$310K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$25K
Total assetsPt X · Ln 16$350K
Program-expense ratioPt IX · col B76%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPye Global
EINHdr · item D90-0429162
Principal addressHdr · item CSeattle, WA
WebsiteHdr · item Jwww.pyeglobal.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q33)
Ruling yearIRS BMFMar 2010

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Di
$52,681Pt VII · Sec A
$26,913Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A

Larisa Benson’s $53K as Executive Di is at the 88th percentile of top reported officer pay among 165 <$100K international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2021FY2020
Helena Hennighausen$26,913$85,250
Larisa Benson$52,681

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $464K of program spending, described in the organization's own filed words · FY2021.
01

Pye global provided training and assistance programs around the world, including in africa, asia, north america, europe, as well as in the united states.

$464Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$502K · 79%
Program service revenue$131K · 21%
Contributions & grants79%$502K
Program service revenue21%$131K
Investment income$10
Other revenue$2K
— government grantsLn 1e$99K
Total revenueLn 12$635K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.76 Management & general $0.20 Fundraising $0.04
Program services76%$464K
Management & general20%$125K
Fundraising4%$22K
Total functional expensesLn 25$610K

Balance Sheet

Part X · end of year
CashLn 1$261K
Total assetsLn 16$350K
Total liabilitiesLn 26$39K
Total net assetsLn 32$310K
Months of cash on handcomputed5.1

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $261K · Operating expenses (Pt IX) $610K · Less non-cash grants $2K · Cash operating expenses/yr $608K
5.2 months
Where the money goes
Program services
Program services $464K · Total expenses $610K
76%
Management & General
Management & general $125K · Total expenses $610K
20%
Fundraising
Fundraising $22K · Total expenses $610K
4%
Cost to raise $1
Fundraising expense (2-yr avg) $15K · Solicited contributions (2-yr avg) $384K
$0.04 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $502K · Total revenue $635K
79%
Government reliance
Government grants $99K · Total revenue $635K
16%
Earned-income share
Program service revenue $131K · Total revenue $635K
21%
Investment reliance
Investment income $10 · Total revenue $635K
<0.01%
Program self-sufficiency
Program service revenue $131K · Total expenses $610K
22%
Growth & trend
Revenue growth (YoY)
This year $635K · Prior year $445K
+43%
Net-asset trend (YoY)
End of year $310K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $635K · Expenses $610K
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $350K
Net-asset ratio
Net assets $310K · Total assets $350K
89%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $350K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Larisa Benson · Reported title EXECUTIVE DI · Highest reported compensation $53K · Total expenses $610K
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $213K · Total expenses $610K
35%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 76%
Overhead ratio 20%
Fundraising cost ratio 4%
Revenue growth 43%
Accounting fee ratio 1%
Fundraising fee ratio 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2022
Total grants receivedfrom 2 funders$26K
Grants paid · 1 grant · $30K · 2021–2021
The Hale FundCA · FY2021$30,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2021 (Latest)$635K revenue · viewing · ⤓ 990 PDF
FY2020$445K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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