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Nonprofit · EIN 03-0549950

PEG PARTNERS INC

Tax-exempt · MONTREAT, NC 28757

Financials

$112K$108K2023$182K$197K2024
Revenue Expenses · by fiscal year end
Financials of PEG PARTNERS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$181,587$196,650-$15,063$51,435$0$51,435
December 31, 2023990-EZ$111,993$107,859$4,134$67,426$928$66,498
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$124,839
Program service revenue
$55,219
Net income from fundraising events
$1,402
Net income from sales of inventory
$52
Other revenue
$75

Expenses

Grants and similar amounts paid
$121,288
Compensation of officers, directors and key employees
$22,855
Salaries, compensation and benefits (total)
$21,859
Professional fees and payments to contractors
$1,486
Occupancy
$790
Other expenses
$51,227
Program services (functional)
$121,288

Balance sheet and other

Total assets, start of year
$67,426
Total assets, end of year
$51,435
Total liabilities, end of year
$0
Net assets, end of year
$51,435
Cash, savings and investments
$51,435
Gross receipts
$189,968

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
Sarah RobinsonExecutive Director15$22,855
Julie LiptakSecretary2$0
Deanna LaMotteChair Founder1$0
Al DavisBoard Member1$0
Jayme DavisBoard member1$0
Cyndy DouglasBoard member1$0
Rod DouglasBoard member1$0
Denise WilfongTreasurer1$0
John LiptakBoard Member1$0
990-EZ for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
Sarah RobinsonExecutive Director15$13,207
David LaMotteCo-Founder2$0
Julie LiptakSecretary2$0
Deanna LaMotteChair Co-Founder1$0
Al DavisBoard Member1$0
Marshall BaltazarBoard member1$0
Natalily Krymese-ParksBoard member1$0
Yolanda Pinzon-UribeBoard member1$0
Denise WilfongTreasurer1$0
John LiptakBoard Member1$0

Address and contacts

Address (IRS master file)
PO BOX 551, MONTREAT, NC 28757-0551
In care of
% DEANNA LAMOTTE
Mailing address (990-N for 2021)
PO BOX 551, MONTREAT NC 28757
Principal officer (990-N for 2021)
DEANNA LAMOTTE, PO BOX 551, MONTREAT NC 28757
Signed the 990-EZ
DEANNA LAMOTTE, Board Chairperson
Phone
(828) 447-1625
Return prepared by
Debra Jensen CPA PLLC

Mission

Literacy assistance in Guatemalan school

990-EZ for the year ended December 31, 2024

Program accomplishments

  • In 2024, this scholarship and mentoring program for extremely low-resourced teens served 15 girls and 6 boys. They began weekly tutoring in English, computers and math.
    Expenses $13,680 · grants $13,680
  • In 2024, this independent preschool served 80 children ages 2-6 providing education and nutition. This facility became accredited with the Guatemalan Ministry of Education.
    Expenses $80,191 · grants $80,191
  • This music outreach program served 68 students in 3 levels of classes in 6 different instruments. 8 students sponsored to attend the NC LEAF Festival to share their experiences.
    Expenses $27,417 · grants $27,417

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-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
03-0549950
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
2006
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$51,435
Income (IRS master file)
$189,968

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$181,587$196,650$51,435XML
990-EZDecember 2023$111,993$107,859$67,426XML
990-EZDecember 2022–––IRS
990-N for 2021
Officer: DEANNA LAMOTTE
December 31, 2021≤ $50,000 receipts––e-Postcard
990-EZDecember 2020–––IRS
990-N for 2018
Officer: David LaMotte
December 31, 2018≤ $50,000 receipts––e-Postcard

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 03-0549950).

Questions about PEG PARTNERS INC

What is the EIN of PEG PARTNERS INC?
The employer identification number (EIN) of PEG PARTNERS INC is 03-0549950.
Is PEG PARTNERS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to PEG PARTNERS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PEG PARTNERS INC 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 PEG PARTNERS INC 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 PEG PARTNERS INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of PEG PARTNERS INC?
The 990-N for 2021 names DEANNA LAMOTTE.
Who are the officers and directors of PEG PARTNERS INC?
The 990-EZ for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $22,855 (Sarah Robinson, Executive Director).
How much revenue does PEG PARTNERS INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $181,587, expenses of $196,650 and total assets of $51,435 at year end.

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