ED PEVETO MEMORIAL SCHOLARSHIP FUND

EIN: 760711809 501(c)(3) Education

BEAUMONT, TX

Total Revenue
$80,902
Total Expenses
$33,734
Total Assets
$717,381
Net Assets
$717,381
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
TX
Principal Officer
PAUL L PEVTO
Phone
4097817740
Tax Period
2024-01-01 to 2024-12-31

ED PEVETO MEMORIAL SCHOLARSHIP FUND, founded in 2002, is a micro nonprofit in the Education sector that reported $81K in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year. The organization ran a surplus of $47K, a strong 58% operating margin.

Mission

PROVIDE TWO SCHOLARSHIPS ANNUALLY TO BE AWARDED TO A MALE AND FEMALE STUDENT ATHLETE FROM ORANGEFIELD ISD TO BE DETERMINED BY A COMMITTEE OF FACULTY AND ADMINISTRATORS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $40,396
Program Service Revenue $0
Investment Income $40,506
Other Revenue $0
TOTAL REVENUE $80,902

Expense Breakdown

Grants Paid $20,000
Salaries & Benefits $0
Fundraising Expenses $13,559
Program Expenses $20,000
Other Expenses $175
TOTAL EXPENSES $33,734

Year-over-Year Comparison

2024 2023 Change
Revenue $80,902 $100,636 -0.2%
Expenses $33,734 $42,084 -0.2%
Net Income $47,168 $58,552 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL L PEVETO PRESIDENT 0.00
Officer Director
$0 $0 $0
KEITH M LITTLE SECRETARY 0.00
Officer Director
$0 $0 $0
BRADLEY D PEVETO VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $80,902 $33,734 $717,381 $47,168
2023 $100,636 $42,084 $671,016 $58,552
2022 $46,195 $36,441 $596,509 $9,754
2021 $77,193 $29,997 $655,748 $47,196
2020 $20,889 $20,175 $577,121 $714
2019 $84,872 $29,163 $564,908 $55,709
2018 $76,878 $30,067 $506,779 $46,811
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