P E O Scholar Awards is located in Des Moines, IA. The organization was established in 1996. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. P E O Scholar Awards is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, P E O Scholar Awards generated $2.4m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $2.0m during the year ending 06/2023. While expenses have increased by 9.2% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATIONAL AWARDS TO QUALIFIED WOMEN WHO ARE PURSUING A DOCTORAL LEVEL DEGREE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
99 AWARDS WERE GIVEN TO WOMEN WHO WERE PURSUING DOCTORAL LEVEL DEGREES. THE MAXIMUM AWARD IS $20,000.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lisa Cooley Board Of Trustees | OfficerTrustee | 20 | $0 |
Terry Northcutt Board Of Trustees | OfficerTrustee | 15 | $0 |
Rebecca Daniel Board Of Trustees Chair | OfficerTrustee | 25 | $0 |
Dana Van Roekel Director Of Financetreasurer | Officer | 2 | $0 |
Kathy Soppe Exective Director | Officer | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $672,958 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,356,705 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,029,663 |
Total Program Service Revenue | $0 |
Investment income | $253,316 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $119,396 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,409,852 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $1,930,000 |
Grants and other assistance to Foreign Orgs/Individuals | $40,000 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $37,213 |
Pension plan accruals and contributions | $785 |
Other employee benefits | $1,239 |
Payroll taxes | $2,796 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,312 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $9,425 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $2,249 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $2,300 |
Travel | $4,998 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $2,032,317 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,514,209 |
Savings and temporary cash investments | $1,743,121 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $8,006,242 |
Investments—other securities | $861,377 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $12,124,949 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $10,086,365 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $2,038,584 |
Total liabilities and net assets/fund balances | $12,124,949 |