Peaslee Neighborhood Center Inc

EIN: 311268160 501(c)(3)

Cincinnati, OH

Total Revenue
$668,121
Total Expenses
$553,899
Total Assets
$605,285
Net Assets
$583,341
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
OH
Principal Officer
Jennifer Summers
Phone
5136215514
Tax Period
2024-01-01 to 2024-12-31

Peaslee Neighborhood Center Inc, founded in 1988, is a small nonprofit that reported $668K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $114K, a strong 17% operating margin.

Mission

Peaslee Neighborhood Center is a peaceful place in Over-the-Rhine where residents create and engage in participatory education to foster creative expression, self-determination, and social change.

Program Service Accomplishments

Program 1
Expenses: $288,296 Revenue: $42,154

Youth Education and Enrichment Programs: Peaslee delivered a variety of programs for approximately 762 students, ages 5 - 22 throughout the year. Our school year programs included Agents of Change...

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Youth Education and Enrichment Programs: Peaslee delivered a variety of programs for approximately 762 students, ages 5 - 22 throughout the year. Our school year programs included Agents of Change, Piano, Girls Writing and Social Justice Education, serving approximately 717 students. Peaslee summer camps served an additional 45 students. Our teachers, students, and families engaged together in creative expression, critical thinking, dialogue, field trips, gardening, music and art instruction, reading, social/emotional learning, writing and swimming.

Program 2
Expenses: $129,736 Revenue: $91,905

COMMUNITY HUB AND TENANT PARTNERSHIP: Peaslee is home to three non-profit partners that are engaged in education and social change work: Cincinnati Interfaith Workers Center, Co-op Cincy, and Ignite...

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COMMUNITY HUB AND TENANT PARTNERSHIP: Peaslee is home to three non-profit partners that are engaged in education and social change work: Cincinnati Interfaith Workers Center, Co-op Cincy, and Ignite Peace. Peaslee and our partners hosted events attended by over 1,200 community members, bringing folks together to learn about, discuss, and take action on social justice issues in our city and beyond. The seeds of change are sown in community, and Peaslee is privileged to hold a nurturing space for people to grow, and to generate connections among justice seekers.

Program 3
Expenses: $27,744 Revenue: $0

POPULAR EDUCATION : In support of local action to challenge systemic injustices impacting our community, we provided education to 236 engaged citizens. In the wake of our involvement in the housing...

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POPULAR EDUCATION : In support of local action to challenge systemic injustices impacting our community, we provided education to 236 engaged citizens. In the wake of our involvement in the housing justice campaign for Issue 24 in 2023, we remained active in the Cincinnati Action for Housing Now coalition and lent our research and expertise to advocacy efforts aimed at tying the creation of affordable housing to local zoning reforms. We continue to pursue a community-driven plan for the land at Main and Schiller in coalition with partners, and our toolkits support grassroots efforts at equitable development.

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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 $535,434
Program Service Revenue $134,059
Investment Income $76
Other Revenue $-1,448
TOTAL REVENUE $668,121

Expense Breakdown

Grants Paid $0
Salaries & Benefits $387,424
Fundraising Expenses $48,830
Program Expenses $445,776
Other Expenses $166,475
TOTAL EXPENSES $553,899

Year-over-Year Comparison

2024 2023 Change
Revenue $668,121 $551,532 +0.2%
Expenses $553,899 $543,592 +0.0%
Net Income $114,222 $7,940 +13.4%
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
10
Independent Members
10
Employees
15
Volunteers
108

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
5
$94,574
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sr Terry Thorman Director (began 8/24) 2.00
Director
$0 $0 $0
Bonita Neumeier Director 4.00
Director
$0 $0 $0
Chris Heckman Chair 4.00
Officer Director
$0 $0 $0
Chris Wilkey Director 2.00
Director
$0 $0 $0
Bob Donovan Treasurer 4.00
Officer Director
$0 $0 $0
Elizabeth Burnside Director 3.00
Director
$0 $0 $0
Tamika Odum Director 2.00
Director
$0 $0 $0
Ed Slater Secretary 2.00
Officer Director
$0 $0 $0
Mark Samman Director 2.00
Director
$0 $0 $0
Jennifer Summers Executive Director 40.00
Officer
$65,158 $19,305 $84,463
Julia Kyser Chief Financial Officer 3.00
Officer
$10,111 $0 $10,111
Danielle Evans Director 2.00
Director
$0 $0 $0
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
2024 No data No data No data No data
2024 $668,121 $553,899 $605,285 $114,222
2023 $551,532 $543,592 $494,773 $7,940
2022 $409,162 $510,301 $426,833 $-101,139
2021 $494,837 $404,886 $527,529 $89,951
2020 $426,136 $348,296 $437,934 $77,840
2019 $419,131 $404,041 $372,773 $15,090
2018 $368,820 $378,852 $351,451 $-10,032
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