Parkway Alumni Association
- Assets
- $495.8k
- Revenue
- $337.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Chesterfield, MO
- Founding
- 07/1996
- Data as of
- 12/2023
- EIN
- 43-1592609
Organization Overview
Parkway Alumni Association is located in Chesterfield, MO. The organization was established in 1996. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, 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. Parkway Alumni Association 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 12/2023, Parkway Alumni Association generated $337.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.1% each year . All expenses for the organization totaled $67.3k during the year ending 12/2023. 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
THE PRIMARY PURPOSE OF OUR ORGANIZATION IS TO ENCOURAGE COMMUNICATION AMONG ALUMNI AND TO FOSTER PROGRAMS WHICH SERVE AND SUPPORT THE PARKWAY COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTING DREAMS-EXTREMELY SUCCESSFUL, THIS PROGRAM PROVIDES STUDENTS WITH EDUCATIONAL OPPORTUNITIES THAT ARE ABOVE AND BEYOND THE SCOPE OF THE CLASSROOM. WE HAVE AWARDED OVER $300,000 IN MONETARY GRANTS AND FILLED 370+ COMMUNITY RESOURCE GRANTS. THIS PROGRAM WAS STARTED WITH THE IDEA THAT IF A STUDENT MEETS SUCCESS IN ONE AREA OF THEIR LIFE IT WILL LIKELY CARRY OVER INTO OTHER AREAS. BY HAVING THE STUDENTS FILL OUT A GRANT APPLICATION THEY HAVE TO THINK THROUGH THE STEPS THEY NEED TO GO THROUGH TO ATTAIN THEIR DREAM/GOAL
LIGHT OF PARKWAY - CREATED TO RECOGNIZE PARKWAY OPERATIONS STAFF MEMBERS WHO HAVE HELPED TO CREATE A POSITIVE AND CARING ENVIRONMENT FOR THE PEOPLE THEY SERVE IN PARKWAY.
EDUCATORS MAKE A DIFFERENCE FUND - THIS PROGRAM WAS STARTED BY A GROUP FROM THE INAUGURAL CLASS OF THE HALL OF FAME IN HONOR OF AL BURR AND THE EXCELLENCE IN EDUCATION THAT HE REPRESENTS. THE COMMITTEE HAS GATHERED STORIES ABOUT STAFF MEMBERS WHO MADE A SIGNIFICANT DIFFERENCE IN STUDENTS' LIVES AND DEVELOPED PROGRAMS THAT MOTIVATE AND INSPIRE GREAT TEACHERS. THIS ALSO FUNDS THE ALBERT AWARDS AND THE TEACHER OF THE YEAR AWARDS
SCHOLARSHIPS - THE PARKWAY ALUMNI ASSOCIATION IS PROVIDING DONORS THE OPPORTUNITY TO CREATE ANNUAL AND ENDOWED SCHOLARSHIPS FOR STUDENTS AND TEACHERS. WITH ANNUAL SCHOLARSHIPS, FUNDS ARE DONATED EACH YEAR AND PRESENTED TO THE RECIPIENT(S) THAT YEAR. ENDOWED SCHOLARSHIPS ARE ESTABLISHED WITH A MINIMUM OF $20,000. THE CORPUS IS INVESTED TO YIELD EARNINGS THAT PROVIDE THE SCHOLARSHIP AMOUNT. EACH YEAR A 4% DISTRIBUTION IS AVAILABLE FROM THE EARNINGS TO FUND THE SCHOLARSHIP. THE CORPUS OF AN ENDOWED SCHOLARSHIP REMAINS INTACT, THUS MAINTAINING THE SCHOLARSHIP IN PERPETUITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandy Riutcel Executive Director | Trustee | 40 | $750 |
Michael Baugus Director | Trustee | 1 | $0 |
Mark Berry Director | Trustee | 1 | $0 |
Mark Brimer Director | Trustee | 1 | $0 |
Sharon Farley Director | Trustee | 1 | $0 |
Mimi Holder Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $115,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $192,438 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $307,438 |
| Total Program Service Revenue | $0 |
| Investment income | $16,333 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $14,133 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $337,949 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $40,339 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $750 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,962 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,867 |
| Fees for services: Other | $13,659 |
| Advertising and promotion | $0 |
| Office expenses | $1,204 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $300 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,437 |
| All other expenses | $2,732 |
| Total functional expenses | $67,250 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $116,499 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $373,671 |
| Intangible assets | $0 |
| Other assets | $5,584 |
| Total assets | $495,754 |
| 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 | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $495,754 |
| Total liabilities and net assets/fund balances | $495,754 |