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Nonprofit · EIN 91-1048245

FOUNDATION FOR PRIVATE ENTERPRISE EDUCATION

Also known as WASHINGTON BUSINESS WEEK

Tax-exempt · RENTON, WA 98057

Financials

$387K$374K2023$421K$536K2024
Revenue Expenses · by fiscal year end
Financials of FOUNDATION FOR PRIVATE ENTERPRISE EDUCATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$420,654$536,455-$115,801$434,909$34,229$400,680
December 31, 2023990$387,087$374,352$12,735$556,595$40,114$516,481
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$237,292
of which government grants
$6,000
Program service revenue
$182,900
Investment income
$462
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$159,178
Other salaries and wages
$65,898
Salaries, compensation and benefits (total)
$267,055
Professional fundraising fees
$0
Accounting fees
$7,310
Occupancy
$125
Travel
$4,824
Depreciation
$205
Program services (functional)
$441,403
Management and general (functional)
$43,167
Fundraising (functional)
$51,885

Balance sheet and other

Total assets, start of year
$556,595
Total assets, end of year
$434,909
Total liabilities, end of year
$34,229
Net assets, end of year
$400,680
Land, buildings and equipment
$306
Net assets without donor restrictions
$400,680
Gross receipts
$420,654
Employees
15
Volunteers
135
Year formed
1976
State of legal domicile
WA

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
NICK QUINLANEXECUTIVE DIRECTOR
Officer
40$81,911$0
GENA L POSTEXECUTIVE DIRECTOR
Officer
40$72,513$6,929
IAN FARRELLPRESIDENT
Trustee or director, Officer
5$0$0
MICHAELA WESSELMANTREASURER
Trustee or director, Officer
2$0$0
DENISE MITCHELLSECRETARY
Trustee or director, Officer
2$0$0
ALYSSA NORWOODEXECUTIVE COMMITTEE
Trustee or director
2$0$0
BRITTANYA BRYANTBOARD MEMBER
Trustee or director
1$0$0
FRED FOOSEBOARD MEMBER
Trustee or director
1$0$0
JEFF MALLULABOARD MEMBER
Trustee or director
1$0$0
JEFF WOLFF-GEEBOARD MEMBER
Trustee or director
1$0$0
JESSICA MOLENAARBOARD MEMBER
Trustee or director
1$0$0
RAEGAN BERRYBOARD MEMBER
Trustee or director
1$0$0
STEVE MIRANDABOARD MEMBER
Trustee or director
1$0$0
PRITHVI ADDEPALLIEXECUTIVE COMMITTEE
Trustee or director
2$0$0
THOMAS GILLBOARD MEMBER
Trustee or director
1$0$0
1 more people on this return
NameTitleHours / weekCompensation
TRACEY TURCOTTEBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationOther / benefits
GENA L POSTEXECUTIVE DIRECTOR
Officer
40$80,000$10,272
IAN FARRELLPRESIDENT
Trustee or director, Officer
3$0$0
FRED FOOSETREASURER
Trustee or director, Officer
2$0$0
DENISE MITCHELLSECRETARY
Trustee or director, Officer
1$0$0
PRITHVI ADDEPALLIBOARD MEMBER
Trustee or director
1$0$0
BRITTANYA BRYANTBOARD MEMBER
Trustee or director
1$0$0
RAEGAN BERRYBOARD MEMBER
Trustee or director
1$0$0
DR JEFF WOLFF-GEEBOARD MEMBER
Trustee or director
2$0$0
THOMAS GILLBOARD MEMBER
Trustee or director
1$0$0
JEFF MALLULABOARD MEMBER
Trustee or director
1$0$0
JESSICA MOLENAARBOARD MEMBER
Trustee or director
1$0$0
ALYSSA NORWOODBOARD MEMBER
Trustee or director
2$0$0
MICHAELA WESSELMANBOARD MEMBER
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
PO BOX 1170, RENTON, WA 98057-1170
Principal officer (990 for 2024)
NICK QUINLAN, PO BOX 1170, RENTON, WA 98057
Signed the 990
NICK QUINLAN, EXECUTIVE DIRECTOR
Phone
(253) 237-3545
Return prepared by
BRANTLEY JANSON

Mission

WASHINGTON BUSINESS WEEK PROVIDES A DYNAMIC REAL-WORLD, IMMERSIVE BUSINESS EXPERIENCE THAT BUILDS CONFIDENCE, SENSE OF PURPOSE, AND LEADERSHIP.

990 for the year ended December 31, 2024

Program accomplishments

  • 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. VOLUNTEERS MENTOR HIGH SCHOOL STUDENTS AND THEY COMPETE FOR 'PROFIT', FUN, AND GAIN CRITICAL SKILLS ESSENTIAL FOR TODAY'S GLOBAL ECONOMY. OUR PROGRAMS CONTINUE TO INSPIRE GENERATIONS TO WORK TOGETHER TO CREATE A BETTER FUTURE FOR OUR YOUTH AND THE COMMUNITIES IN WHICH WE LIVE, WORK, AND DO BUSINESS. THIS YEAR, WE SERVED 1,079 STUDENTS WITH THE USE OF 135 VOLUNTEERS.
    Expenses $441,403 · revenue $182,900

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
91-1048245
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1979
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$434,909
Income (IRS master file)
$420,654

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$420,654$536,455$434,909XML
990December 2023$387,087$374,352$556,595XML
990December 2022$341,784$377,679$535,452IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 91-1048245).

Questions about FOUNDATION FOR PRIVATE ENTERPRISE EDUCATION

What is the EIN of FOUNDATION FOR PRIVATE ENTERPRISE EDUCATION?
The employer identification number (EIN) of FOUNDATION FOR PRIVATE ENTERPRISE EDUCATION is 91-1048245.
Is FOUNDATION FOR PRIVATE ENTERPRISE EDUCATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
Are donations to FOUNDATION FOR PRIVATE ENTERPRISE EDUCATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FOUNDATION FOR PRIVATE ENTERPRISE EDUCATION 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 FOUNDATION FOR PRIVATE ENTERPRISE EDUCATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FOUNDATION FOR PRIVATE ENTERPRISE EDUCATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FOUNDATION FOR PRIVATE ENTERPRISE EDUCATION?
The 990 for the year ended December 31, 2024 names NICK QUINLAN.
Who are the officers and directors of FOUNDATION FOR PRIVATE ENTERPRISE EDUCATION?
The 990 for the year ended December 31, 2024 lists 16 people; 2 received compensation from the organization, the highest $81,911 (NICK QUINLAN, EXECUTIVE DIRECTOR).
How much revenue does FOUNDATION FOR PRIVATE ENTERPRISE EDUCATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $420,654, expenses of $536,455 and total assets of $434,909 at year end.

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