Nonprofit · EIN 85-3755344
PEOPLES FOUNDATION FOR BETTER OPPORTUNITIES
Tax-exempt · PORTLAND, OR 97225
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $68,156 | $27,061 | $41,095 | $146,495 | $0 | $146,495 |
| December 31, 2024 | 990-EZ | $49,720 | $25,240 | $24,480 | $105,400 | $0 | $105,400 |
| December 31, 2023 | 990-EZ | $54,137 | $12,384 | $41,753 | $80,920 | $0 | $80,920 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $52,276
- Program service revenue
- $0
- Investment income
- $10,911
- Net income from fundraising events
- $4,969
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $24,550
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $181
- Printing, publications and postage
- $242
- Other expenses
- $2,088
Balance sheet and other
- Total assets, start of year
- $105,400
- Total assets, end of year
- $146,495
- Total liabilities, end of year
- $0
- Net assets, end of year
- $146,495
- Cash, savings and investments
- $146,495
- Gross receipts
- $73,292
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sathya Narayanan | President Emeritus | 5 | $0 |
| Rajeewa Arya | Secretary | 5 | $0 |
| Rajan Mehndiratta | Treasurer | 8 | $0 |
| Jyoti Veeramoney | Board Member | 8 | $0 |
| Nagendra Tirumali | Board Member | 2 | $0 |
| Geetanjali Krishna | Board Member | 2 | $0 |
| Murali Veeramoney | President | 8 | $0 |
| Karuna Tirumala | Board Member | 2 | $0 |
990-EZ for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sathya Narayanan | President Emeritus | 5 | $0 |
| Rajeewa Arya | Secretary | 5 | $0 |
| Rajan Mehndiratta | Treasurer | 8 | $0 |
| Jyoti Veeramoney | Board Member | 7 | $0 |
| Nagendra Tirumali | Board Member | 2 | $0 |
| Geetanjali Krishna | Board Member | 2 | $0 |
| Murali Veeramoney | President | 8 | $0 |
| Karuna Tirumala | Board Member | 2 | $0 |
990-EZ for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sathya Narayanan | President | 5 | $0 |
| Rajeewa Arya | Secretary | 5 | $0 |
| Rajan Mehndiratta | Treasurer | 5 | $0 |
| Jyoti Veeramoney | Board Member | 2 | $0 |
| Mahendra Shah | Board Member | 1 | $0 |
| Nagendra Tirumali | Board Member | 1 | $0 |
| Geetanjali Krishna | Board Member | 1 | $0 |
| Murali Veeramoney | Vice President of Operations | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 10950 SW BARNES ROAD 369, PORTLAND, OR 97225-5368
- Signed the 990-EZ
- Rajan Mehndiratta, Treasurer
- Phone
- (503) 704-9541
- Website
- PFFBO.ORG
Mission
Working together with the community and key partners, PFFBO is creating opportunities for underprivileged people ascend towards their education success and economic security. We are working to breaking the cycle of frustration and despair of underprivileged people who are aspiring to succeed in the endeavors. We provide financial assistance to help them create, grow, and succeed in life.
Program accomplishments
- During the 5th year of operation we were able to funded grants for the benefit of underprivileged members of our state especially women to promote well being and service the needs. These grants were funded through six registered non-profit organization that have alignment with our charter and goals
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 85-3755344
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W01)
- Assets (IRS master file)
- $146,495
- Income (IRS master file)
- $73,292
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $68,156 | $27,061 | $146,495 | IRS |
| 990-EZ | December 2024 | $49,720 | $25,240 | $105,400 | XML |
| 990-EZ | December 2023 | $54,137 | $12,384 | $80,920 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-3755344).
Questions about PEOPLES FOUNDATION FOR BETTER OPPORTUNITIES
- What is the EIN of PEOPLES FOUNDATION FOR BETTER OPPORTUNITIES?
- The employer identification number (EIN) of PEOPLES FOUNDATION FOR BETTER OPPORTUNITIES is 85-3755344.
- Is PEOPLES FOUNDATION FOR BETTER OPPORTUNITIES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to PEOPLES FOUNDATION FOR BETTER OPPORTUNITIES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PEOPLES FOUNDATION FOR BETTER OPPORTUNITIES file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PEOPLES FOUNDATION FOR BETTER OPPORTUNITIES due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PEOPLES FOUNDATION FOR BETTER OPPORTUNITIES last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of PEOPLES FOUNDATION FOR BETTER OPPORTUNITIES?
- The 990-EZ for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does PEOPLES FOUNDATION FOR BETTER OPPORTUNITIES have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $68,156, expenses of $27,061 and total assets of $146,495 at year end.
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All nonprofits in PORTLAND · Oregon · Public and societal benefit