Foundation for Private Enterprise Education

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Washington business week helps people realize their potential by creating an experience in which students, business leaders and educators partner to teach and inspire one another to be responsible employees, employers and citizens.

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
Run by 282 volunteers and 3 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $49K a year · 14% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$154K
to officers and key staff · 29% of spending
Worth a look: pay to officers and key staff is 29% of spending; over 20%.
Pt VII · Sec A
8 mo
of spending, in cash
Looks good: 8.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$34K
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$421K
+9% vs prior year
Spent
$536K
To programs
82%
Net assets
$401K
By yearFY2020–FY2024
Revenue
$421K
FY2024▲ +9%
Tap a bar for its year
Revenue by fiscal year
FY2020$265K
FY2021$351K
FY2022$342K
FY2023$387K
FY2024$421K
Expenses
$536K
FY2024▲ +43%
Tap a bar for its year
Expenses by fiscal year
FY2020$390K
FY2021$330K
FY2022$378K
FY2023$374K
FY2024$536K
Net assets
$401K
FY2024▼ -22%
Tap a bar for its year
Net assets by fiscal year
FY2020$519K
FY2021$540K
FY2022$504K
FY2023$516K
FY2024$401K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1979.

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

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $441K Management & general 8% · $43K Fundraising 10% · $52K

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

16 people listed on the 990; $154K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$81,911Pt VII · Sec A
Executive Director
$72,513Pt VII · Sec A
$0Pt VII · Sec A
Executive Committee
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

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

NameFY2024FY2023FY2022FY2021FY2020
Andrea Keikkala——$56,544$122,000$120,000
Nick Quinlan$81,911————
Gena L Post$72,513$80,000———
Gena Post——$52,103——

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.

See Foundation for Private Enterprise Education 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Connects students, business leaders, and educators to foster potential and inspire responsible citizenship.

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1 program · $441K · in their own filed words · FY2024
01

Washington business week teaches the value of business, the importance of ethics and the spirit of innovation. These principles have kept our organization strong since 1976, and are needed now more than ever. Business volunteers participate in two types of events: week long workshops at college campuses and at high school campuses.

$441Kprogram expense

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 · FY2024
Total grants receivedfrom 1 funder$5K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$421K
Ln 12
Gifts and grantsLn 1h$237K
Fees for servicesLn 2g$183K
Investment incomeLn 3$462
Money outPt IX
$536K
Ln 25
Programscol B$441K
Managementcol C$43K
Fundraisingcol D$52K
Owns and owesPt X
$401K
net assets · Ln 32
Cash and savingsLn 1–2$359K
Total assetsLn 16$435K
LiabilitiesLn 26$34K
PeoplePt VI, VII
16
listed · VII A
PaidVII A2
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$237K
Government grantsLn 1e$6K
Noncash giftsLn 1g$4K
Fees for servicesLn 2g$183K
Investment incomeLn 3$462
Total revenueLn 12$421K
Assets in detailPt X, end of year
CashLn 1$182K
SavingsLn 2$177K
Cash and savings togetherLn 1–2$359K
Land, buildings, equipmentLn 10c$306
Total assetsLn 16$435K
LiabilitiesLn 26$34K
Net assetsLn 32$401K
OperationsPt I, VI
EmployeesI 53
VolunteersI 6282
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$538K$359K
Land, buildings, equipmentLn 10c$511$306
Total assetsLn 16$557K$435K
LiabilitiesLn 26$40K$34K
Net assetsLn 32$516K$401K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$159K$118K$17K$25K
Other salaries and wagesLn 7$66K$45K$9K$12K
Other employee benefitsLn 9$22K$17K$2K$3K
Payroll taxesLn 10$20K$15K$2K$3K
Management feesLn 11a$63K$56K$145$6K
Accounting feesLn 11c$7K$7K
Other fees for servicesLn 11g$16K$16K
Advertising and promotionLn 12$5K$3K$2K
Office expensesLn 13$22K$21K$554$554
Information technologyLn 14$9K$8K$635$215
OccupancyLn 16$125$91$14$20
TravelLn 17$5K$4K$241$241
Conferences, conventions and meetingsLn 19$4K$3K$1K
Depreciation, depletion and amortizationLn 22$205$205
InsuranceLn 23$7K$6K$1K
Other expenses (24a–d)Ln 24$131K$128K$3K$167
Total functional expensesLn 25$536K$441K$43K$52K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Nov 17, 2025 $421K$536K−$116K$401K 990 PDF
FY2023Filed with the IRS Nov 14, 2024 $387K$374K$13K$516K 990 PDF
FY2022Filed with the IRS Nov 10, 2023 $342K$378K−$36K$504K 990 PDF
FY2021Filed with the IRS Nov 14, 2022 $351K$330K$21K$540K 990 PDF
FY2020Filed with the IRS Nov 11, 2021 $265K$390K−$124K$519K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $420,654 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $225,701$237,292
I-9 Program service revenuePrior year $160,867$182,900
I-10 Investment incomePrior year $519$462
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $387,087$420,654
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $165,287$267,055
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $209,065$269,400
I-18 Total expensesPrior year $374,352$536,455
I-19 Revenue less expensesPrior year $12,735−$115,801
Part VI · Governance 14 of 14 board members independent, 1 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $420,654 across 7 lines filed
VIII-1e Government grants$6,000
VIII-1f All other contributions, gifts and grants$231,292
VIII-1g Noncash contributions (included above)$3,540
VIII-1h Total contributions, gifts and grants$237,292
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $182,900$182,900
VIII-3 Investment incomeExcluded from tax $462$462
VIII-12 Total revenueRelated to mission $182,900 · Unrelated business $0 · Excluded from tax $462$420,654
Part IX · Statement of functional expenses $536,455 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $117,997 · Management $16,611 · Fundraising $24,570$159,178
IX-7 Other salaries and wagesPrograms $45,060 · Management $8,771 · Fundraising $12,067$65,898
IX-9 Other employee benefitsPrograms $16,952 · Management $1,743 · Fundraising $2,818$21,513
IX-10 Payroll taxesPrograms $14,940 · Management $2,251 · Fundraising $3,275$20,466
IX-11a Management feesPrograms $56,384 · Management $145 · Fundraising $6,000$62,529
IX-11c Accounting feesManagement $7,310$7,310
IX-11g Other fees for servicesPrograms $16,200$16,200
IX-12 Advertising and promotionPrograms $2,938 · Fundraising $1,958$4,896
IX-13 Office expensesPrograms $21,039 · Management $554 · Fundraising $554$22,147
IX-14 Information technologyPrograms $7,757 · Management $635 · Fundraising $215$8,607
IX-16 OccupancyPrograms $91 · Management $14 · Fundraising $20$125
IX-17 TravelPrograms $4,342 · Management $241 · Fundraising $241$4,824
IX-19 Conferences, conventions and meetingsPrograms $3,033 · Management $1,011$4,044
IX-22 Depreciation, depletion and amortizationPrograms $205$205
IX-23 InsurancePrograms $6,185 · Management $1,092$7,277
IX-24 Other expenses (24a–d)Programs $128,280 · Management $2,789 · Fundraising $167$131,236
IX-25 Total functional expensesPrograms $441,403 · Management $43,167 · Fundraising $51,885$536,455
Part X · Balance sheet $434,909 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $386,957$181,646
X-2 Savings and temporary cash investmentsStart of year $151,210$176,930
X-4 Accounts receivableStart of year $12,917$63,750
X-9 Prepaid expenses and deferred chargesStart of year $5,000$12,277
X-10c Land, buildings and equipment, netStart of year $511$306
X-16 Total assetsStart of year $556,595$434,909
X-17 Accounts payable and accrued expensesStart of year $40,114$34,229
X-26 Total liabilitiesStart of year $40,114$34,229
X-27 Net assets without donor restrictionsStart of year $516,481$400,680
X-32 Total net assets or fund balancesStart of year $516,481$400,680
X-33 Total liabilities and net assetsStart of year $556,595$434,909
Part XI · Reconciliation of net assets $400,680 net assets at year end
XI-1 Total revenue$420,654
XI-2 Total expenses$536,455
XI-3 Revenue less expenses−$115,801
XI-4 Net assets at start of year$516,481
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$400,680

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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