Peninsula Education Assoc EIN 91-1010672 Form 990 (PDF) Claim this org

Peninsula Education Assoc

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Advocates for teachers in contract talks and disputes. For fiscal year 2025 it reported $271K in revenue, $265K in expenses, and $48K in net assets.Pt I

Type
Mutual-benefit / member-serving · Nonprofit
Location
Gig Harbor, WA
Filings
5 on file (2020–2025)
Revenue
$271KFY2025
Expenses
$265K
Net assets
$48K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  91-1010672 Mutual-benefit / member-serving Gig Harbor, WA
Form 990 (PDF)
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Size
$100K–1M
What they do
Advocates for teachers in contract talks and disputes.
Leadership
Carol Rivera · President · $172K
Money in and out
$271K revenue, $265K expenses
Bottom line
+2% surplus margin
Reported financial activity · FY2025
Total revenue
$271K
Pt VIII · Ln 12
Total expenses
$265K
Pt IX · Ln 25
Net assets
$48K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $6K
Where spending went · Part IX cols B–D
Program services $0.90 Management & general $0.10
Surplus margin
+2%
revenue over expenses, this year▲ +186% vs prior filing year
Program spending
90%
of expenses reach programs▲ +1% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$271K
FY2025▼ -19%
Expenses
$265K
FY2025▼ -20%
Total assets
$48K
FY2025▲ +14%
Total liabilities
$0
FY2025
Total revenue
$271K
Pt VIII · Ln 12
Total expenses
$265K
Pt IX · Ln 25
Net assets
$48K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$6K
Total assetsPt X · Ln 16$48K
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPeninsula Education Assoc
EINHdr · item D91-1010672
Principal addressHdr · item CGig Harbor, WA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(5) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFAug 1980

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
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 · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President
$171,514Pt VII · Sec A
$1,385Pt VII · Sec A
Vice President
$800Pt VII · Sec A
$800Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2021FY2020
Carol Rivera$171,514$159,926$159,008$145,233$111,294
Elizabeth Stitt$1,385$750
David Aston$800$750
Marci Cummings Cohoe$800$750

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

2 program services account for $241K of program spending, described in the organization's own filed words · FY2024.
01

Represented approximately 500 public high school teachers in the peninsula school district (wa) for salary and grievance negotiations and arbitration.

$239Kprogram expense
02

Provided scholarship funds for deserving students

$2Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$271K
Total revenueLn 12$271K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.10
Program services90%$239K
Management & general10%$26K
Total functional expensesLn 25$265K

Balance Sheet

Part X · end of year
CashLn 1$45K
Total assetsLn 16$48K
Total liabilitiesLn 26$0
Total net assetsLn 32$48K
Months of cash on handcomputed2.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $45K · Operating expenses/yr $265K
2.0 months
Where the money goes
Program services
Program services $239K · Total expenses $265K
90%
Management & General
Management & general $26K · Total expenses $265K
10%
Fundraising
Fundraising $0 · Total expenses $265K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $241K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $271K · Total revenue $271K
100%
Government reliance
Government grants — · Total revenue $271K
Earned-income share
Program service revenue $0 · Total revenue $271K
0%
Investment reliance
Investment income $0 · Total revenue $271K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $265K
0%
Growth & trend
Revenue growth (YoY)
This year $271K · Prior year $333K
-19%
Revenue CAGR
FY2019 $224K · FY2024 $271K
+4%
Net-asset trend (YoY)
End of year $48K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $271K · Expenses $265K
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $48K
Net-asset ratio
Net assets $48K · Total assets $48K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $48K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Carol Rivera · Reported title PRESIDENT · Highest reported compensation $172K · Total expenses $265K
65%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $172K · Total expenses $265K
65%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 90%
Overhead ratio 10%
Fundraising cost ratio 0%
Revenue growth -19%
Legal fee ratio 0.3%
Accounting fee ratio 4%

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 · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$50K

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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
FY2025 (Latest)$271K revenue · viewing · ⤓ 990 PDF
FY2024$333K revenue · ⤓ 990 PDF
FY2023$290K revenue · ⤓ 990 PDF
FY2022not on file
FY2021$215K revenue · ⤓ 990 PDF
FY2020$224K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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