Civic Intelligence

Peabody Education Foundation Inc

EIN 45-2776672 • 501(c)3 • Peabody, MA

Profile

To provide assistance to Peabody public schools

PO Box 233Peabody, MA 01960

peabodyedfoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

16th percentile

-42%

Higher net margin than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

23rd percentile

-34%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

75th percentile

24%

Faster revenue growth than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$123,074

Down $62,451 (-34%) from 2023

Liabilities

Down

$0

Down $700 (-100%) from 2023

Net Assets

Down

$123,074

Down $61,751 (-33%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin16th percentile

Revenue

Up

$147,213

Up $28,130 (+24%) from 2023

Expenses

Up

$208,964

Up $75,260 (+56%) from 2023

Net Income

Down

-$61,751

Down $47,130 (-322%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth23rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2015: $154,793Liabilities 2015: $25,311Net Assets 2015: $129,4822015Assets 2019: $119,946Net Assets 2019: $119,9462019Assets 2021: $174,756Liabilities 2021: $2,400Net Assets 2021: $172,3562021Assets 2022: $200,048Liabilities 2022: $602Net Assets 2022: $199,4462022Assets 2023: $185,525Liabilities 2023: $700Net Assets 2023: $184,8252023Assets 2024: $123,074Liabilities 2024: $0Net Assets 2024: $123,0742024

Highlighted filing

2024

Assets$123,074
Liabilities$0
Net Assets$123,074
Open 2024 Filing

Operations Trend

Revenue Growth75th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2015: $46,206Expenses 2015: $6,978Net Income 2015: $39,2282015Revenue 2019: $52,393Expenses 2019: $35,628Net Income 2019: $16,7652019Revenue 2021: $102,285Expenses 2021: $45,650Net Income 2021: $56,6352021Revenue 2022: $116,415Expenses 2022: $89,325Net Income 2022: $27,0902022Revenue 2023: $119,083Expenses 2023: $133,704Net Income 2023: -$14,6212023Revenue 2024: $147,213Expenses 2024: $208,964Net Income 2024: -$61,7512024

Highlighted filing

2024

Revenue$147,213
Expenses$208,964
Net Income-$61,751
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$123,074
Liabilities
$0
Net assets
$123,074
Revenue
$147,213
Expenses
$208,964
Net income
-$61,751
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.23$0.00$1.23$1.47$2.09$0.62
2023Detailed filing. Detailed filing data is available for this year.$1.86$0.01$1.85$1.19$1.34$0.15
2022Detailed filing. Detailed filing data is available for this year.$2.00$0.01$1.99$1.16$0.89$0.27
2021Detailed filing. Detailed filing data is available for this year.$1.75$0.02$1.72$1.02$0.46$0.57
2019Detailed filing. Detailed filing data is available for this year.$1.20$1.20$0.52$0.36$0.17
2015Detailed filing. Detailed filing data is available for this year.$1.55$0.25$1.29$0.46$0.07$0.39
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.1
Gross Receipts
$149,631
Mission and Program Overview

Mission

To provide assistance to Peabody public schools

Program Services

DescriptionGrantsExpenses
PEF Grant ProgramProvides grants to teachers for innovative programs in the classroom that is not typically part of the budget$91,649$91,649
Science from Scientists GrantsFunds sessions at schools where visiting scientists come inand provide programming to students$80,000$80,000
Mental Wellness Program GrantsProvides social/emotional learning reading materials andsupplies that improve student and staff mental wellness$22,207$22,207
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David GravelChairmanPT$0--
Daniel VassalloTreasurer-$0--
Barbara KellySecretary-$0--
Filing and Contact Details

Filer

Filer Name
Peabody Education Foundation Inc
EIN
45-2776672
Phone
9785389055
Address
PO BOX 233, PEABODY, MA 01960

Signing Officer

Name
David Gravel
Title
Chairman
Phone
9785389055
Signed
2025-05-13

Preparer

Firm
GraVoc Associates
Address
81 Main St, PEABODY, MA 01960
Preparer
Daniel Vassallo
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 10

“Cara Murtagh Memorial Scholarships; Scholarships; : , , , ; , 5000.”

Form 990EZ, Part I, Line 16

“Program Expenses (Provided in Part III) 201410.”

Form 990EZ, Part I, Line 16

“Advertising Expense 695.”

Form 990EZ, Part I, Line 16

“Bank Fees 144.”

Form 990EZ, Part I, Line 16

“Postage and Mailing 726.”

Form 990EZ, Part I, Line 16

“Supplies 989.”

Raw XML Appendix169 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Daniel Vassallo
IRS990EZ/BooksInCareOfDetail/PhoneNum09785389055
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt010 Centennial Drive
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Peabody
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0019607938
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0185525
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0107636
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0142031
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-61751
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0185525
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0123074
IRS990EZ/FundraisingGrossIncomeAmt07500
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt05000
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0149631
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt0100
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0184825
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0123074
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0184825
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0123074
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt13.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0David Gravel
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Daniel Vassallo
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Barbara Kelly
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt015438
IRS990EZ/OtherExpensesTotalAmt0203964
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To provide assistance to Peabody public schools
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PEF Grant ProgramProvides grants to teachers for innovative programs in the classroom that is not typically part of the budget
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Mental Wellness Program GrantsProvides social/emotional learning reading materials andsupplies that improve student and staff mental wellness
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Science from Scientists GrantsFunds sessions at schools where visiting scientists come inand provide programming to students
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt091649
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt122207
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt280000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt091649
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt122207
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt280000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt02418
IRS990EZ/SpecialEventsNetIncomeLossAmt05082
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0700
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0208964
IRS990EZ/TotalProgramServiceExpensesAmt0193856
IRS990EZ/TotalRevenueAmt0147213
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0peabodyedfoundation.org
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0142031
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0110158
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0112186
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt098334
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0462709
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt07500
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt08317
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt05750
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt04640
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt026207
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0488916
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0149531
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0118475
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0117936
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0102974
IRS990ScheduleA/Total509Grp/TotalAmt0488916
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0488916
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Cara Murtagh Memorial Scholarships; Scholarships; : , , , ; , 5000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Program Expenses (Provided in Part III) 201410.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Advertising Expense 695.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Bank Fees 144.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Postage and Mailing 726.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Supplies 989.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID GRAVEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum09785389055
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PEABODY EDUCATION FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0PEAB
ReturnHeader/Filer/EIN0452776672
ReturnHeader/Filer/PhoneNum09785389055
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 233
ReturnHeader/Filer/USAddress/CityNm0PEABODY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001960
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043214849
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GraVoc Associates
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt081 Main St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PEABODY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001960
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Daniel Vassallo
ReturnHeader/ReturnTs02025-05-13T14:18:23-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.