Paisano Educational Trust
- Assets
- $1.7m
- Revenue
- $240.4k
- Investments
- $0.0
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 10/1989
- Data as of
- 07/2022
- EIN
- 74-2519416
Organization Overview
Paisano Educational Trust is located in San Antonio, TX. The organization was established in 1989. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paisano Educational Trust 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 07/2022, Paisano Educational Trust generated $240.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $120.2k during the year ending 07/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PUBLISH THE STUDENT NEWSPAPER TO PROVIDE PRACTICAL EXPERIENCE FOR STUDENTS AT THE UNIVERSITY OF TEXAS AT SAN ANTONIO.
Describe the Organization's Program Activity:
PUBLISH UTSA STUDENT NEWSAPAPER
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 |
|---|---|---|---|
Diane Abdo Trustee | Trustee | 10 | $0 |
Francis Alexander Norman III Trustee | Trustee | 4 | $0 |
Steven Kellman Trustee | Trustee | 4 | $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 | $102,911 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $102,911 |
| Total Program Service Revenue | $2,063 |
| Investment income | $21,606 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,502 |
| Net Gain/Loss on Asset Sales | $18,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | -$9,639 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $240,443 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $31,350 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $673 |
| Advertising and promotion | $0 |
| Office expenses | $37,279 |
| Information technology | $1,150 |
| Royalties | $0 |
| Occupancy | $4,155 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,141 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,900 |
| Insurance | $0 |
| All other expenses | -$652 |
| Total functional expenses | $120,161 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $122,730 |
| Savings and temporary cash investments | $58,212 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,073 |
| 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 | $508,258 |
| Investments—publicly traded securities | $981,245 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,676,518 |
| 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 | $224,107 |
| Total liabilities | $224,107 |
| 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 | $1,452,411 |
| Total liabilities and net assets/fund balances | $1,676,518 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Epochtimes Public Media Inc Houston, TX | $307,327 | $4,904,097 |
Southern Newspapers Inc Media Employeess Medical Plan Trust Houston, TX | $197,466 | $3,542,295 |
International Newspaper Marketing Assoc Dallas, TX | $1,983,312 | $3,083,139 |
San Antonio Report San Antonio, TX | $504,406 | $2,163,484 |
The Texas Democracy Foundation Austin, TX | $1,291,717 | $1,907,878 |
Oxford American Literary Project Inc Little Rock, AR | $826,347 | $1,575,021 |
Radius Books Inc Santa Fe, NM | $4,533,597 | $2,674,449 |
Texas Conservative Coalition Research Institute Austin, TX | $668,794 | $1,384,176 |
Native American Journalists Association Norman, OK | $1,160,008 | $1,560,878 |
Christian Chronicle Corporation Oklahoma City, OK | $2,045,077 | $1,297,343 |
Deep Vellum Publishing Dallas, TX | $927,865 | $1,118,831 |
Land Grant University Tax Education Foundation Inc College Station, TX | $503,284 | $859,742 |