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Nonprofit · EIN 90-0776487

PESVEBI INC

Tax-exempt (reinstated) · BROOKLYN, NY 11204

Financials

$273K$248K2023$413K$438K2024$507K$508K2025
Revenue Expenses · by fiscal year end
Financials of PESVEBI INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$507,209$507,516-$307$42,894$120$42,774
December 31, 2024990$412,518$438,013-$25,495$43,014$0$43,014
December 31, 2023990$272,611$248,062$24,549$0$0$0
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$112,343
of which government grants
$64,500
Program service revenue
$394,021
Investment income
$0
Other revenue
$845

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$10,001
Salaries, compensation and benefits (total)
$10,001
Professional fundraising fees
$0
Accounting fees
$8,135
Occupancy
$223,525
Travel
$63,665
Depreciation
$1,067
Program services (functional)
$437,805
Management and general (functional)
$47,393
Fundraising (functional)
$22,318

Balance sheet and other

Total assets, start of year
$43,014
Total assets, end of year
$42,894
Total liabilities, end of year
$120
Net assets, end of year
$42,774
Land, buildings and equipment
$39,000
Net assets without donor restrictions
$42,774
Gross receipts
$507,209
Employees
0
Volunteers
14
Year formed
2013
State of legal domicile
NY

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
SHORENA BARBAKADZEPRESIDENT
Trustee or director, Officer
40$10,001
VICTORIYA DZHAVAKHISHVILISECRETARY
Trustee or director, Officer
2$0
NINO MAGALIVP
Trustee or director, Officer
5$0
LEVAN NAMITCHEISHVILITREASURER
Trustee or director, Officer
5$0
990 for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
SHORENA BARBAKADZEPRESIDENT
Trustee or director, Officer
40$2,800
VICTORIYA DZHAVAKHISHVILISECRETARY
Trustee or director, Officer
2$0
NINO MAGALIVP
Trustee or director, Officer
5$0
LEVAN NAMITCHEISHVILITREASURER
Trustee or director, Officer
5$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
SHORENABARBAKADZE25$0
IVANGODERDZISHVILI20$0
NATALIAGODERDZISHVILI5$0

Address and contacts

Address (IRS master file)
70 AVENUE O, BROOKLYN, NY 11204-6448
Principal officer (990 for 2025)
SHORENA BARBAKADZE, 70 AVENUE 0, BROOKLYN, NY 11204
Signed the 990
SHORENA BARBAKADZE, PRESIDENT
Phone
(718) 954-6880
Return prepared by
PROTAX

Mission

WE ARE DEDICATED TO PRESERVING THE VIBRANT GEORGIAN PERFORMING ARTS AND CULTURAL HERITAGE BY TRAINING CHILDREN AND YOUNG ADULTS, NURTURING THEIR TALENTS, AND SHARING THE WISDOM OF FOLK DANCE AND SONG. WE ALSO SUPPORT THE GEORGIAN IMMIGRANT COMMUNITY THROUGH CULTURAL PROGRAMMING AND EDUCATIONAL OUTREACH.

990 for the year ended December 31, 2025

Program accomplishments

  • IN 2025, THE ORGANIZATION PROVIDED CLASSES IN TRADITIONAL GEORGIAN DANCE AND SONG TO CHILDREN AND YOUNG ADULTS. THROUGH CONSISTENT TRAINING, THE ORGANIZATION HELPED PRESERVE FOLK TRADITIONS AND DEVELOP TALENT WITHIN THE GEORGIAN-AMERICAN COMMUNITY.
    Expenses $255,370 · revenue $331,713
  • THE ORGANIZATION HOSTED CULTURAL FESTIVALS AND PERFORMANCES THAT SHOWCASED GEORGIAN HERITAGE TO THE BROADER COMMUNITY. THESE EVENTS CELEBRATED GEORGIAN MUSIC, DANCE, AND CUISINE WHILE FOSTERING AWARENESS AND CULTURAL PRIDE.
    Expenses $181,368 · revenue $62,308
  • N/A
  • MISC PROGRAMING
    Expenses $1,067

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
90-0776487
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
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$42,894
Income (IRS master file)
$507,209

Revocation and reinstatement

Exemption revoked
December 15, 2015
Posted by the IRS
April 11, 2016
Reinstated
Effective December 15, 2015

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$507,209$507,516$42,894IRS
990December 2024$412,518$438,013$43,014XML
990December 2023$272,611$248,062$0XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––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 90-0776487).

Questions about PESVEBI INC

What is the EIN of PESVEBI INC?
The employer identification number (EIN) of PESVEBI INC is 90-0776487.
Is PESVEBI INC tax-exempt?
Yes. The IRS revoked its exemption on December 15, 2015 and reinstated it effective December 15, 2015.
Are donations to PESVEBI INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PESVEBI 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 PESVEBI INC 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 PESVEBI INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of PESVEBI INC?
The 990 for the year ended December 31, 2025 names SHORENA BARBAKADZE.
Who are the officers and directors of PESVEBI INC?
The 990 for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $10,001 (SHORENA BARBAKADZE, PRESIDENT).
How much revenue does PESVEBI INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $507,209, expenses of $507,516 and total assets of $42,894 at year end.

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