Peaslee Neighborhood Center Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Peaslee Neighborhood Center is a peaceful place in Over-the-Rhine where residents create and engage in participatory education to foster creative expression, self-determination, and social change.
- Income
- $668,121
- Spending
- $553,899
- Spent on programs
- 81%
- Reserves
- 5.3 months of spending
- Largest source of income
- donations and private grants, 62%
- Employees
- 15
- Volunteers
- 108
- Highest pay
- $84,463, executive director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100.
Reserves
20 of 35Spendable reserves would cover 5.3 months of spending.
Debt
20 of 20It owes 4% of what it owns.
Living within its means
15 of 15Income exceeded spending by 17% of income.
Income trend
15 of 15Income rose 21% on the year before.
Spending floor
15 of 1580% of spending went to programs and raising each dollar of donations cost 9 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 91 out of 100.
Independent board
25 of 2510 of 10 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $288,296 spent. Youth Education and Enrichment Programs: Peaslee delivered a variety of programs for approximately 762 students, ages 5 - 22 throughout the year. Our school year programs included Agents of Change, Piano, Girls Writing and Social Justice Education, serving approximately 717 students. Peaslee summer camps served an additional 45 students. Our teachers, students, and families engaged together in creative expression, critical thinking, dialogue, field trips, gardening, music and art instruction, reading, social/emotional learning, writing and swimming.
- $129,736 spent. COMMUNITY HUB AND TENANT PARTNERSHIP: Peaslee is home to three non-profit partners that are engaged in education and social change work: Cincinnati Interfaith Workers Center, Co-op Cincy, and Ignite Peace. Peaslee and our partners hosted events attended by over 1,200 community members, bringing folks together to learn about, discuss, and take action on social justice issues in our city and beyond. The seeds of change are sown in community, and Peaslee is privileged to hold a nurturing space for people to grow, and to generate connections among justice seekers.
- $27,744 spent. POPULAR EDUCATION : In support of local action to challenge systemic injustices impacting our community, we provided education to 236 engaged citizens. In the wake of our involvement in the housing justice campaign for Issue 24 in 2023, we remained active in the Cincinnati Action for Housing Now coalition and lent our research and expertise to advocacy efforts aimed at tying the creation of affordable housing to local zoning reforms. We continue to pursue a community-driven plan for the land at Main and Schiller in coalition with partners, and our toolkits support grassroots efforts at equitable development.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 1989.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.