Pelotonu

Organization Overview

Pelotonu is located in Austin, TX. The organization was established in 2013. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2023, Pelotonu employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pelotonu 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, Pelotonu generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 28.5% each year . All expenses for the organization totaled $1.9m during the year ending 12/2023. While expenses have increased by 29.4% per year over the past 9 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

HELPING WORKING STUDENTS EARN A COLLEGE DEGREE, REGARDLESS OF GEOGRAPHY OR ECONOMICS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COACHING: PROVIDING STUDENTS IN COMPETENCY-BASED PROGRAMS THE SPACE, SUPPORT, AND INDIVIDUALIZED COACHING TO EARN THEIR DEGREE.


ADVISING: PROVIDING TRAINING, RESOURCES AND INDIVIDUALIZED ADVICE ON EDUCATION OPTIONS FOR POST-TRADITIONAL STUDENTS IN CENTRAL TEXAS.


STUDENT SUPPORTS: PROVIDING SCHOLARSHIPS AND SECONDARY RESOURCES TO ENSURE SMALL OBSTACLES ARE NOT A BARRIER TO GRADUATION.


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Board, Officers & Key Employees

Name (title)Compensation
James Baker
Director
$0
Angela Lee
Treasurer
$0
Rex Gore
Director
$0
Robin Bruce
Director
$0
Adry Martinez
Director
$0
Kathleen Lucente
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,392,540
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,392,540
Total Program Service Revenue$371,482
Investment income $954
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,764,976

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