PESVEBI INC (EIN 900776487) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

SHORENA BARBAKADZE

Phone

7189546880

Tax Period

2024-01-01 to 2024-12-31

PESVEBI INC, founded in 2013, is a small nonprofit in the Arts, Culture & Humanities sector that reported $413K in total revenue in fiscal year 2024. Revenue surged 51% from the prior year, signaling strong growth momentum.

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.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $58,000

Program Service Revenue $354,518

Investment Income $0

Other Revenue $0

TOTAL REVENUE $412,518

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,400

Fundraising Expenses $14,675

Program Expenses $385,915

Other Expenses $426,613

TOTAL EXPENSES $438,013

Year-over-Year Comparison

	2024	2023	Change
Revenue	$412,518	$272,611	+0.5%
Expenses	$438,013	$248,062	+0.8%
Net Income	$-25,495	$24,549	-2.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$2,800

Total Directors

$2,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHORENA BARBAKADZE	PRESIDENT	40.00	Officer Director	$2,800	$0	$2,800
VICTORIYA DZHAVAKHISHVILI	SECRETARY	2.00	Officer Director	$0	$0	$0
NINO MAGALI	VP	5.00	Officer Director	$0	$0	$0
LEVAN NAMITCHEISHVILI	TREASURER	5.00	Officer 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	No data	No data	No data	No data
2024	$412,518	$438,013	$43,014	$-25,495
2023	$272,611	$248,062	No data	$24,549

PESVEBI INC