FRIENDS OF THE PUBLIC BANK EAST BAY Charity Report

Public IRS 990 nonprofit record

FRIENDS OF THE PUBLIC BANK EAST BAY

EIN 84-4537320 · Financial Institutions (W60)

What they do

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.To Achieve Its Mission Friends of The Public Bank East Bay Have Commissioned A Viability Study; Hired A Consultant to Work On The Business Plan for The Bank; Recruited Potential Board Directors; Organized Town Halls and Public Presentations to Educate The Public; Promoted The Public Bank East Bay On Social Media; and Raised Funds to Pay for The Business Plan and The Initial Staffing Cost of The Bank.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $72.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2025The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders13 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

93.65%of revenue went to mission work72.7% of expenses · Program services

0.97%of revenue went to fundraising0.7% of expenses

$128.87spent for every $100 of revenueSpending was higher than revenue this year.

34.25%of revenue went to management and office costs26.6% of expenses

$1.54in assets for every $1 spent this yearSome assets cannot be spent right away.

94.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $83,765 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2025

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$290,179

Mission workProgram services$271,76093.65% of revenue72.7% of expenses

ManagementOffice and general costs$99,38334.25% of revenue26.6% of expenses

FundraisingAsking for donations$2,8010.97% of revenue0.7% of expenses

Total expenses$373,944128.87% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2025CurrentExpense mix: 72.7% mission · 26.6% management · 0.7% fundraisingTotal expenses: 128.87% of revenue

2024Expense mix: 76.8% mission · 22.3% management · 0.9% fundraisingTotal expenses: 108.71% of revenue

2023Expense mix: 98.0% mission · 2.0% management · 0.0% fundraisingTotal expenses: 52.98% of revenue

2022Expense mix: 86.8% mission · 1.4% management · 11.8% fundraisingTotal expenses: 22.84% of revenue

2021Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 7.77% of revenue

Money in and money out

Revenue$290,179

Expenses$373,944

Annual shortfall $83,765 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$271,760 · 72.7% of expenses

Management and office costs$99,383 · 26.6% of expenses

Fundraising$2,801 · 0.7% of expenses

See all reported dollar amounts

Revenue$290,179

Expenses$373,944

Assets$574,542

Income$290,179

Contributions$274,521

Mission work (program services)$271,760

Fundraising$2,801

Grants given$55,000

Average grant$55,000

Management and general$99,383

Accounting fees$3,400

People

Leadership and board

Tax year 2025

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (13)

AARYAMAN SUNNY SINGHALBOARD MEMBER

ALISHA PEGANSECRETARY

ALISON LINGANEBOARD MEMBER

BABA KOFI WEUSIJANABOARD MEMBER

DEBORAH NOTKINCHAIR

DEBRA GOREBOARD MEMBER

DIDACUS RAMOSBOARD MEMBER

GEORGE Y QUAYETREASURER

MARGIE LEWISBOARD MEMBER

PAULINA GONZALEZ-BRITOVICE-CHAIR

RUDEE SADEBOARD MEMBER

VINOD PANIKERBOARD MEMBER

WILL TOASPERNBOARD MEMBER

About this charity

Recognized since: January 2020
Location: 680 66TH ST, OAKLAND, CA 94609-1004
County: Alameda
In care of: % DEBORAH NOTKIN
Primary officer: George Y Quaye, Treasurer

How to reach them

WebsiteVisit the charity’s website Emailpublicbankeastbay@gmail.com Phone(510) 418-0627

Filing and classification

Latest tax year: 2025
Tax period began: January 1, 2025
Return type: 990
Tax preparer: IRYNA AC
NTEE classification: Financial Institutions (W60)
IRS tax category: Financial Institutions
Grant-giving organization: Yes