Friends of the Public Bank East Bay

EIN: 844537320 501(c)(3) Public & Societal Benefit

Oakland, CA

Total Revenue
$290,179
Total Expenses
$373,944
Total Assets
$574,542
Net Assets
$558,258
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
CA
Principal Officer
Deborah Notkin
Phone
5104180627
Tax Period
2025-01-01 to 2025-12-31

Friends of the Public Bank East Bay, founded in 2020, is a small nonprofit in the Public & Societal Benefit sector that reported $290K in total revenue in fiscal year 2025. Expenses of $374K exceeded revenue, resulting in a 29% operating deficit.

Mission

The mission of the Friends of the Public Bank East Bay (FPBEB) is to work with local cities and counties to establish a Public Bank in the East Bay Region of the San Francisco, California Bay Area.

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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 (2025)

Revenue Breakdown

Contributions & Grants $274,521
Program Service Revenue $0
Investment Income $15,407
Other Revenue $251
TOTAL REVENUE $290,179

Expense Breakdown

Grants Paid $55,000
Salaries & Benefits $119,168
Fundraising Expenses $2,801
Program Expenses $271,760
Other Expenses $199,776
TOTAL EXPENSES $373,944

Year-over-Year Comparison

2025 2024 Change
Revenue $290,179 $296,471 0.0%
Expenses $373,944 $322,281 +0.2%
Net Income $-83,765 $-25,810 +2.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
13
Employees
1
Volunteers
15

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
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Deborah Notkin Chair 20.00
Officer Director
$0 $0 $0
Paulina Gonzalez-Brito Vice-Chair 10.00
Officer Director
$0 $0 $0
Alisha Pegan Secretary 10.00
Officer Director
$0 $0 $0
George Y Quaye Treasurer 10.00
Officer Director
$0 $0 $0
Margie Lewis Board Member 20.00
Director
$0 $0 $0
Baba Kofi Weusijana Board Member 5.00
Director
$0 $0 $0
Alison Lingane Board Member 10.00
Director
$0 $0 $0
Debra Gore Board Member 10.00
Director
$0 $0 $0
RuDee Sade Board Member 10.00
Director
$0 $0 $0
Vinod Paniker Board Member 10.00
Director
$0 $0 $0
Will Toaspern Board Member 10.00
Director
$0 $0 $0
Aaryaman Sunny Singhal Board Member 20.00
Director
$0 $0 $0
Didacus Ramos Board Member 10.00
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
2025 $290,179 $373,944 $574,542 $-83,765
2024 $296,471 $322,281 $642,710 $-25,810
2023 $510,102 $270,258 $672,275 $239,844
2022 $395,847 $90,425 $432,380 $305,422
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