2022-05-13T08:34:29-00:00 2021-06-30 Bennett & Associates CPAs PLLC 100 Huronview Blvd Ann Arbor MI 48103 990 2020-07-01 030598838 Partnership for Economics Education and Research PART 7346228015 C/O Jim Bennett 100 Huronview Blvd Ann Arbor MI 48103 Tamara Sulukhia President and Executive Director 2022-05-13 true Tamara Sulukhia 888008888 James H Bennett CPA P00447547 7346228015 2022-05-13 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Tamara Sulukhia 16 Zandukeli Street Tbilisi GE GG 0108 1233853 false X X 2006 DC To foster economic education and research in the Republic of Georgia, Armenia, Azerbaijan and neighboring countries, in accordance with the highest academic standards of the international economics profession. 15 15 0 15 0 935108 1043490 262802 153721 661 1835 -3372 34807 1195199 1233853 159438 161984 0 849623 858880 0 35028 169977 173202 1179038 1194066 16161 39787 1619334 871068 1173236 637464 446098 233604 To foster economic education and research in the Republic of Georgia, Armenia, Azerbaijan and neighboring countries, in accordance with the highest academic standards of the international economics profession. false false 444297 153721 The ISET Policy Institute ISET-PI was founded in May 2011 by PEER with the financial support of the Think Tank Fund of the Open Society Institute. ISET-PI is one of the first university-based think tanks in the South Caucasus. It is based at the International School of Economics at TSU. 401615 161984 PEERs major objective is to fund the activities and programs of the International School of Economics at Tbilisi State University in the Republic of Georgia while ensuring that it is a sustainable center of excellence in economics. 845912 true true false false false false false false false false true false false false false false false true false true true false true false false false false false false false false false false false false false false false false false false false false false false false false true 3 0 true 0 false true GG false false false false false false false false false false X 15 15 false false false false false false false true true false false true true true true false false false false false DC X Tamar Kutibashvili 7346228015 16 Zandukeli Street Tbilisi GG 0108 Tamara Sulukhia President and Executive Director 040.00 X 88058 0 3471 Bakari Baratashvili Deputy Director for Finance and Policy Institute 040.00 X 23660 0 821 Teona Khaindrava Board Secretary, Deputy Director for Administration and HR 040.00 X 17280 0 309 Eteri Kvintradze Director 001.00 X 0 0 0 Randall Filer Director 001.00 X 0 0 0 Robert Tchaidze Director 001.00 X 0 0 0 Paul Wachtel Director 001.00 X 0 0 0 Nerses Yeritsyan Ex Officio Voting Member 001.00 X 0 0 0 Jean-Frederic Paulsen Board Chair and Treasurer 001.00 X X 0 0 0 George Sharvashidze Ex Officio Voting Member 001.00 X 0 0 0 Severin Meister Director 001.00 X 0 0 0 Lasha Labadze Ex Officio Voting Member 001.00 X 0 0 0 Koba Gvenetadze Director 001.00 X 0 0 0 Anders Olofsgard Director 001.00 X 0 0 0 Emin Huseynov Ex Officio Voting Member 001.00 X 0 0 0 Nikoloz Gagua Ex Officio Voting Member 001.00 X 0 0 0 Karine Torosyan Ex Officio Voting Member 001.00 X 0 0 0 Giorgi Papava Ex Officio Voting Member 001.00 X 0 0 0 128998 4601 false false false 632590 410900 1043490 Program income 900099 153721 153721 153721 1835 1835 34807 34807 34807 1233853 188528 1835 0 0 161984 161984 0 140112 35028 70056 35028 0 680798 565989 114809 7236 4956 2280 30734 23141 7593 0 0 0 22282 22282 0 0 72259 54844 17415 5677 5677 16224 16224 561 561 0 0 -30 -30 0 1810 1810 0 0 11802 11802 0 Equipment and building maintenance 5397 5397 37220 37220 1194066 845912 313126 35028 175305 106845 326943 472367 1021586 228878 62000 1000 13 7064 79875 35476 27208 44399 6279 10515 1619334 871068 23876 62806 1149360 574658 1173236 637464 X 446098 233604 446098 233604 1619334 871068 X 39787 -252281 X false true X true false X 627920 654103 803383 935108 1043490 4064004 627920 654103 803383 935108 1043490 4064004 164381 3899623 2081 2503 3207 661 1835 10287 14507 21051 20455 1381 34807 92201 4166492 1105401 0.93590 0.90220 X Part II Section B Line 10 Miscellaneous related revenue RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 79875 35476 44399 44399 Financial derivatives and other financial products Closely-held equity interests Federal income taxes true Russia and the Neighboring States 1 1 Program, administration Grantmaking 1194066 1 1 1 1 1194066 1194066 Faculty grants, student housing stipends Russia and the Neighboring States 58 161984 Electronic payment false false false false false false Part I Line 2 The funds are monitored by contractual requirement of reports prior to payment. Form 990, Part VI, Section B, Line 11b The full board reviews the Form 990 prior to filing. Form 990, Part VI, Section B, Line 12c Officers, trustees, and staff are required to complete a Conflicts of Interest Questionnaire annually, disclosing information on matters such as board memberships, institutional affiliations and memberships, and controlling interests, whether for profit or not-for-profit, along with any other potential personal conflicts of interest, including those of any spouse or other person with whom one cohabits, or lineal descendant or ascendant. Whenever any material change occurs to the information submitted in the questionnaire, the Employee should provide updated information to PEER. The completed questionnaires are reviewed by the Chair of the Board or his or her designee. Form 990, Part VI, Section C, Line 19 The organizations governing documents, conflict of interest policy, and financial statements are available to the public upon request. Form 990, Part XI, Line 8 When preparing financial statements as of and for the year ended June 30, 2021, the organization discovered errors relating to previously issued financial statements that resulted in a net overstatement of its fund balances. The errors discovered are as follows 1 Grants receivable and deferred income were overstated due to incorrect reductions in amounts to account for exchange rate differences and other accounting errors and 2 No interest income was accrued on bank deposit balances, which resulted in understatements of cash and cash equivalents and interest income in previously issued financial statements. The opening fund balance as of July 1, 2020 has been decreased on this Form 990 to reflect the corrections.