Public Charity

Friends of the Public Bank East Bay

Based in Oakland, CA, Friends of the Public Bank East Bay operates as a Public Charity. The organization reported $290K in revenue, $374K in expenses, $575K in total assets for fiscal year 2025. Imperigo tracks 6 reported grant relationships connected to this organization totaling approximately $548K.

EIN: 844537320 Oakland, CA Financial Institutions NTEE: W60 Latest filing: 2025
Total Revenue$290K
Total Expenses$374K
Total Assets$575K
Grant Records6
Funding Total$548K
Filing Years2021–2025

Mission

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.

Where $100 goes at Friends of the Public Bank East Bay

How Friends of the Public Bank East Bay divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.

$82 Programs the work itself
$17 Management running the organization
$1 Fundraising raising the next dollar

Inside the $82 for programs

$82
In 2025, the organization restructured and began exploring a combination of capitalization sources
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Board Member Aaryaman Sunny Singhal
Secretary Alisha Pegan
Board Member Alison Lingane
Board Member Baba Kofi Weusijana
Chair Deborah Notkin
Board Member Debra Gore

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$423,000 4 grants
Economic Development
$75,000 1 grant
Unspecified
$50,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $290K $374K $575K
2024 $296K $322K $643K
2023 $510K $270K $672K
2022 $396K $90K $432K
2021 $132K $10K $127K

Between 2021 and 2025, reported annual revenue grew from $132K to $290K (+120%), with total assets most recently reported at $575K.

Interactive year-over-year charts and full filing details available with membership.

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