Aledo Parent-Teacher Organization Inc
- Assets
- $117.5k
- Revenue
- $242.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Aledo, TX
- Founding
- 10/2016
- Data as of
- 06/2023
- EIN
- 81-2602949
Organization Overview
Aledo Parent-Teacher Organization Inc is located in Aledo, TX. The organization was established in 2016. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, 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. Aledo Parent-Teacher Organization Inc 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, Aledo Parent-Teacher Organization Inc generated $242.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 52.5% each year . All expenses for the organization totaled $217.8k during the year ending 06/2023. While expenses have increased by 46.8% 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
SUPPORT THE ALEDO INDEPENDENT SCHOOL DISTRICT
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATION TO SCHOOLS WITHIN THE ALEDO INDEPENDENT SCHOOL DISTRICT BENEFITTING NEARLY 6,000 STUDENTS FOR THE ENHANCEMENT OF THE EDUCATION ENVIRONMENT, THE FOSTERING OF PARENT INVOLVEMENT, AND THE BUILDING OF COMMUNITY SPIRIT. ALEDO PTO PROVIDES GOODS AND SERVICES NOT OTHERWISE POSSIBLE WITHIN THE DISTRICT'S NORMAL RESOURCES.
ALEDO PTOS CAMPUS REPRESENTATIVES ORGANIZE SMALL TOKENS OF APPRECIATION AND LUNCHEONS FOR ALEDO INDEPENDENT SCHOOL DISTRICT STAFF PERIODICALLY THROUGHOUT THE SCHOOL YEAR, BENEFITTING APPROXIMATELY 300 STAFF MEMEBERS.
ALEDO PTO PROVIDED FOUR 1,000 SCHOLARSHIPS TO GRADUATING SENIORS TO BE USED TOWARD VARIOUS COLLEGE OR TRADE SCHOOL FEES.
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 |
|---|---|---|---|
Jennifer Churion President | Officer | 12.5 | $0 |
Denet Jones Secretary | Officer | 3 | $0 |
Sara Lopez Vice Preside | Officer | 3 | $0 |
Kristin Trask Treasurer | Officer | 7.5 | $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 | $49,487 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,487 |
| Total Program Service Revenue | $12,320 |
| Investment income | $283 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $180,835 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $242,925 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $115,000 |
| Grants and other assistance to domestic individuals. | $4,000 |
| 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 | $650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $114 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $3,991 |
| Total functional expenses | $217,812 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $117,519 |
| 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 | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $117,519 |
| Accounts payable and accrued expenses | $5 |
| 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 | $5 |
| Net assets without donor restrictions | $117,514 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $117,519 |