Liabilities / Assets
78th percentile
Higher debt load relative to assets than 78% of similar nonprofits.
EIN 92-3698554 • 501(c)3 • Reston, VA
Profile
The organization is organized under section 501(c)(3) of the internal revenue code to empower resilient start up founders by providing pre-seed funding, enabling them to validate their concepts, develop minimum viable products (mvps), and explore external markets.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
78th percentile
Higher debt load relative to assets than 78% of similar nonprofits.
Liabilities / Revenue
80th percentile
Higher debt load relative to revenue than 80% of similar nonprofits.
Net Margin
13th percentile
Higher net margin than 13% of similar nonprofits.
Top Officer Pay
85th percentile
Higher top officer pay than 85% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
45th percentile
Faster asset growth than 45% of similar nonprofits.
Revenue Growth
15th percentile
Faster revenue growth than 15% of similar nonprofits.
Assets
Down$63,822
Down $2,071 (-3.1%) from 2023
Liabilities
Flat$600
Flat from 2023
Net Assets
Down$63,222
Down $2,071 (-3.2%) from 2023
Revenue
Down$35,033
Down $31,539 (-47%) from 2023
Expenses
Up$48,659
Up $47,380 (+3704%) from 2023
Net Income
Down-$13,626
Down $78,919 (-121%) from 2023
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
The organization is organized under section 501(c)(3) of the internal revenue code to empower resilient start up founders by providing pre-seed funding, enabling them to validate their concepts, develop minimum viable products (mvps), and explore external markets.
| Description | Grants | Expenses |
|---|---|---|
| PRE START-UP FUNDING FOR EARLY STAGE BUSINESSES | $0 | $0 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| GHAITH MUSMAR | President | - | $0 | - | - |
| HAMZEH GHOSHEH | Secretary | - | $0 | - | - |
| MIKE IFTAIHA | Treasurer | - | $0 | - | - |
“Description: interest. Amount: 31. Description: dividends. Amount: 53. Total included on form 990-ez, line 4: 84.”
“Description: travel. Amount: 7,704. Description: web hosting services. Amount: 1,254. Description: information technology. Amount: 1,713. Description: bank fees. Amount: 380. Description: licenses, permits, & fees. Amount: 25. Total to form 990-ez, line 16: 11,076.”
“Description: unrealized gains/losses. Amount: 11,555.”
“Description: osaic brokerage account. Beg. Of year amount: 4,953. End of year amount: 36,992.”
“Description: accounts payable. Beg. Of year amount: 600. End of year amount: 600.”
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/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE ORGANIZATION |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7034378877 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2100 RESTON PARKWAY SUITE 400 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | RESTON |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 20191 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 60940 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 26830 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 34725 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 10734 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -13626 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 37583 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 65893 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 63822 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 224 |
| IRS990EZ/GrossReceiptsAmt | 0 | 45767 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 84 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 65293 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 63222 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 65293 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 63222 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | GHAITH MUSMAR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | HAMZEH GHOSHEH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | MIKE IFTAIHA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 4953 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 36992 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 11555 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 11076 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE ORGANIZATION IS ORGANIZED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE TO EMPOWER RESILIENT START UP FOUNDERS BY PROVIDING PRE-SEED FUNDING, ENABLING THEM TO VALIDATE THEIR CONCEPTS, DEVELOP MINIMUM VIABLE PRODUCTS (MVPS), AND EXPLORE EXTERNAL MARKETS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PRE START-UP FUNDING FOR EARLY STAGE BUSINESSES |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd | 0 | X |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 10958 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 600 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 600 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 48659 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 35033 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | PELESETANGELS.ORG |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 34725 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 66276 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 101001 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 84 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 84 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 296 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 296 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 101001 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 34725 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 66276 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 101001 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 101381 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST. AMOUNT: 31. DESCRIPTION: DIVIDENDS. AMOUNT: 53. TOTAL INCLUDED ON FORM 990-EZ, LINE 4: 84. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: TRAVEL. AMOUNT: 7,704. DESCRIPTION: WEB HOSTING SERVICES. AMOUNT: 1,254. DESCRIPTION: INFORMATION TECHNOLOGY. AMOUNT: 1,713. DESCRIPTION: BANK FEES. AMOUNT: 380. DESCRIPTION: LICENSES, PERMITS, & FEES. AMOUNT: 25. TOTAL TO FORM 990-EZ, LINE 16: 11,076. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: UNREALIZED GAINS/LOSSES. AMOUNT: 11,555. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: OSAIC BROKERAGE ACCOUNT. BEG. OF YEAR AMOUNT: 4,953. END OF YEAR AMOUNT: 36,992. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 600. END OF YEAR AMOUNT: 600. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JOEY MUSMAR |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIRMAN |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7034378877 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-07-30 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | PELESET ANGELS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PELE |
| ReturnHeader/Filer/EIN | 0 | 923698554 |
| ReturnHeader/Filer/PhoneNum | 0 | 7034378877 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2100 RESTON PARKWAY 400 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | RESTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 20191 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 522010201 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MILLERMUSMAR CPAS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2100 RESTON PARKWAY SUITE 400 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | RESTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 20191 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7034378877 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-07-30 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | G F MUSMAR CPA |
| ReturnHeader/ReturnTs | 0 | 2025-09-11T13:59:37-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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