PCS FOR PEOPLE

EIN: 262066045 501(c)(3) Human Services

ST PAUL, MN

Total Revenue
$28,677,249
Total Expenses
$24,633,439
Total Assets
$15,870,342
Net Assets
$9,533,287
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
MN
Principal Officer
CASEY SORENSEN
Phone
6513542552
Tax Period
2024-05-01 to 2025-04-30

PCS FOR PEOPLE, founded in 2008, is a mid-sized nonprofit in the Human Services sector that reported $28.7M in total revenue in fiscal year 2024. Expenses of $24.6M left a modest 14% surplus.

Mission

PCS FOR PEOPLE IS A NATIONAL NONPROFIT SOCIAL ENTERPRISE WORKING TO GET LOW-COST QUALITY COMPUTERS AND INTERNET INTO THE HOMES OF INDIVIDUALS, FAMILIES, AND NONPROFITS WITH LOW INCOME. BY RECYCLING AND THEN REFURBISHING COMPUTERS, PCS FOR PEOPLE PROVIDES A VALUABLE SERVICE TO BUSINESSES, FAMILIES, AND THE PLANET BY KEEPING COMPUTERS OUT OF LANDFILLS AND REPURPOSING THEM TO ADVANCE DIGITAL INCLUSION.

Program Service Accomplishments

Program 1
Expenses: $19,718,427 Revenue: $6,894,413

SOURCE, REFURBISH, DISTRIBUTE, AND SUPPORTSOURCE: OUR ABILITY TO DISTRIBUTE AFFORDABLE TECHNOLOGY IS DEPENDENT ON OUR RECYCLING PARTNERSHIPS. WE OFFER A NATION-WIDE FREE END-OF-LIFE IT SERVICE...

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SOURCE, REFURBISH, DISTRIBUTE, AND SUPPORTSOURCE: OUR ABILITY TO DISTRIBUTE AFFORDABLE TECHNOLOGY IS DEPENDENT ON OUR RECYCLING PARTNERSHIPS. WE OFFER A NATION-WIDE FREE END-OF-LIFE IT SERVICE OFFERING THAT INCLUDES NAID AAA-CERTIFIED DATA SANITIZATION AND R2-CERTIFIED SUSTAINABLE ELECTRONICS RECYCLING.REFURBISH: THE DONATED TECHNOLOGY IS SECURELY PROCESSED IN OUR WAREHOUSES. COMPUTERS AND ARE CLEANED, PROCESSED THROUGH A STRINGENT QUALITY CHECK, AND INSTALLED WITH A NEW OPERATING SYSTEM.DISTRIBUTE: AFFORDABLE HIGH-QUALITY COMPUTERS ARE DISTRIBUTED TO INCOME QUALIFIED INDIVIDUALS THROUGH OUR RETAIL STORES, ONLINE, AND THROUGH NATIONAL DISTRIBUTION EVENTS AND PARTNERS.SUPPORT: ONCE A CUSTOMER HAS RECEIVED A COMPUTER, IT IS IMPORTANT THAT THEY ARE CONFIDENT IN THEIR PURCHASE AND FEEL SUPPORTED. EACH COMPUTER COMES WITH A 1-YEAR HARDWARE WARRANTY, FREE DIGITAL LITERACY TRAINING, AND PHONE SUPPORT. IN FY 2024-25, PCS FOR PEOPLE COLLECTED OVER 119,000COMPUTERS. MORE THAN 29,000 OF THESE COMPUTERS WERE REFURBISHED AND DISTRIBUTED TO LOW-INCOME FAMILIES AND INDIVIDUALS. PCS FOR PEOPLE ALSO SUPPORTED THE COMPUTERS DISTRIBUTED WITH WARRANTY REPAIRS AND OFFERED DISCOUNTED REPAIRS AFTER THE WARRANTY PERIOD. REPAIRS ARE USUALLY $25 AND ANY PARTS NEEDED, IF AVAILABLE, ARE FREE. IN FY 2024-25, OVER 1,900 REPAIRS WERE COMPLETED AT AN AVERAGE COST OF $9 PER REPAIR.

Program 2
Expenses: $2,597,150 Revenue: $1,510,729

PCS FOR PEOPLE OFFERS NATIONWIDE LOW-COST HIGH SPEED 5G AND 4G LTE MOBILE INTERNET SERVICE PROVIDED BY MOBILE BEACON AND MOBILE CITIZEN. AND 35 MILE PLANS ARE PREPAID WITH NO CREDIT CHECK OR HIDDEN...

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PCS FOR PEOPLE OFFERS NATIONWIDE LOW-COST HIGH SPEED 5G AND 4G LTE MOBILE INTERNET SERVICE PROVIDED BY MOBILE BEACON AND MOBILE CITIZEN. AND 35 MILE PLANS ARE PREPAID WITH NO CREDIT CHECK OR HIDDEN FEES FOR INCOME ELIGIBLE INDIVIDUALS. IN FY 2024-25, PCS FOR PEOPLE OFFERED LOW-COST HIGH SPEED 5G & 4G LTE INTERNET TO MORE THAN 46,000 INDIVIDUALS.

Program 3
Expenses: $902,083 Revenue: $2,073,231

PCS FOR PEOPLE OFFERS IN-HOUSE, LOW-COST HIGH SPEED FIXED INTERNET SERVICE IN 9 STATES. SERVICE IS FIXED AT $15 A MONTH IN FY 2024-25, PCS FOR PEOPLE'S FIXED INTERNET SERVICE CONSISTS OF 38 NETWORK...

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PCS FOR PEOPLE OFFERS IN-HOUSE, LOW-COST HIGH SPEED FIXED INTERNET SERVICE IN 9 STATES. SERVICE IS FIXED AT $15 A MONTH IN FY 2024-25, PCS FOR PEOPLE'S FIXED INTERNET SERVICE CONSISTS OF 38 NETWORK TOWERS AND 7 MULTI-DWELLING UNITS (MDUS) COVERING MORE THAN 16,000 HOUSEHOLDS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $18,088,934
Program Service Revenue $2,181,660
Investment Income $109,942
Other Revenue $8,296,713
TOTAL REVENUE $28,677,249

Expense Breakdown

Grants Paid $10,136,380
Salaries & Benefits $8,776,469
Fundraising Expenses $0
Program Expenses $23,217,660
Other Expenses $5,720,590
TOTAL EXPENSES $24,633,439

Year-over-Year Comparison

2024 2023 Change
Revenue $28,677,249 $26,589,398 +0.1%
Expenses $24,633,439 $29,137,181 -0.2%
Net Income $4,043,810 $-2,547,783 -2.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
285
Volunteers
120

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$203,762
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRENDT RUSTEN INTERIM CHAIRMAN OF THE BOARD 10.00
Officer Director
$0 $0 $0
ZEB ANDERSON VICE CHAIRMAN 2.00
Officer Director
$0 $0 $0
SRILEKHA AKULA DIRECTOR 1.00
Director
$0 $0 $0
JON LIEN TREASURER 2.00
Officer Director
$0 $0 $0
ANDREA DALE DIRECTOR 2.00
Director
$0 $0 $0
JIM JARVIS DIRECTOR 1.00
Director
$0 $0 $0
JEFFREY KANNAS DIRECTOR 1.00
Director
$0 $0 $0
ALEXANDER MCGRUDER DIRECTOR 1.00
Director
$0 $0 $0
MARTIN MORENO DIRECTOR 1.00
Director
$0 $0 $0
MILINDA RAMBEL STONE DIRECTOR 1.00
Director
$0 $0 $0
KATHY RASMUSSEN DIRECTOR 1.00
Director
$0 $0 $0
CASEY SORENSEN CEO 60.00
Officer
$186,103 $17,659 $203,762
CHAD A MUSSON LEAD NETWORK ENGINEER 45.00
Highest
$108,939 $9,378 $118,317
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $28,677,249 $24,633,439 $15,870,342 $4,043,810
2024 $26,589,398 $29,137,181 $11,408,857 $-2,547,783
2024 $26,589,398 $29,137,181 $11,408,857 $-2,547,783
2023 $25,032,144 $25,687,470 $20,587,247 $-655,326
2022 $24,823,070 $20,285,087 $16,325,586 $4,537,983
2021 $19,290,577 $14,240,857 $12,428,628 $5,049,720
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