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Pelotonu Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 460920019 ✦ Austin, TX ✦ Designated as a 501(c)(3)

Overview

What is Pelotonu Inc?

Pelotonu Inc, based in Austin, Texas, is a nonprofit organization situated at 701 Tillery St 12. Their primary mission is to empower working students to earn a college degree, irrespective of geographical or economic constraints. They achieve this by offering students in competency-based programs a conducive environment, necessary support, and individualized coaching. This approach enables students to graduate on time and debt-free. With a team of 24 dedicated individuals, Pelotonu Inc is committed to providing a viable pathway and essential support for working students pursuing higher education.


Official website here: www.pelotonu.org

Is Pelotonu Inc legitimate?

Pelotonu Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pelotonu Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $319,079
Professional Fundraising Fees: $0
Other Salaries and Wages: $983,614

For more financial information, click here


Official website here: www.pelotonu.org

What is the mission statement of Pelotonu Inc?

Pelotonu Inc's mission is centered around assisting working students in earning a college degree, irrespective of geographical constraints or economic circumstances. Their objective is to provide a pathway and necessary support for these students to graduate on time and without accruing debt. This is accomplished through coaching in competency-based programs, offering students a conducive environment, support, and individualized guidance to complete their degrees.


Official website here: www.pelotonu.org

Who is the CEO of Pelotonu Inc?

Lacey Pittman Tomenak is the Chair of Pelotonu Inc.


Official website here: www.pelotonu.org

What is the revenue of Pelotonu Inc?

Pelotonu Inc's revenue in 2022 was $2,036,358.


Official website here: www.pelotonu.org

Who are the executives of Pelotonu Inc and what are their salaries?

The average compensation at Pelotonu Inc during 2022 was $54,279. There are 24 employees at Pelotonu Inc.

Here are 13 key members and their salaries:

    Sarah Saxton-Frump (Chief Operating Officer)
  • Compensation: $111,651
  • Related: $0
  • Other: $6,607

    • Hudson Baird (Executive Director)
  • Compensation: $99,512
  • Related: $0
  • Other: $5,330

    • Leigh Ridge (Chief Of Staff)
  • Compensation: $90,649
  • Related: $0
  • Other: $5,330

    • James Baker (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Austin Prentice (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rex Gore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robin Bruce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adry Martinez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angela Shaw (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen Lucente (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sara Boone Hartley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicole De Santis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gerardo Ineteriano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.pelotonu.org

    Where can I find the form 990 for Pelotonu Inc?

    The Pelotonu Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.pelotonu.org

    Learn more at the official website: www.pelotonu.org

    Mission Statement of Pelotonu Inc

    PelotonU Inc, a nonprofit organization, is dedicated to helping working students earn a college degree, regardless of their geographical location or economic status. Its mission is to provide these students with a clear pathway and the necessary support to graduate on time and debt-free. The organization achieves this by offering coaching services to students enrolled in competency-based programs. This coaching includes providing them with the necessary space, support, and individualized guidance to successfully earn their degrees. PelotonU Inc strives to empower these students, equipping them with the tools they need to navigate their academic journey and graduate debt-free.

    Impact

    This information is meant to be a general summary of Pelotonu Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Pelotonu Inc is making a significant impact by providing working students with the opportunity to earn a college degree regardless of their geographical location or economic circumstances. Through personalized coaching and support, Pelotonu empowers students enrolled in competency-based programs to successfully complete their degrees. By offering this pathway to graduation without incurring debt, Pelotonu is helping to break down barriers to higher education and improve the prospects of working students. Their mission to support individuals in achieving their educational goals is a commendable effort that aligns with their tag of "Education."





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $858
  • Program Service Revenue: $470,955
  • Gross Receipts: $2,036,358

    • Assets and Liabilities:
  • Total Assets: $1,195,218
  • Total Liabilities: $65
  • Net Assets: $1,195,153
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    COACHING REVENUE

    Revenue

    $470,955

    Organization Details

    Founding Year

    2012

    Principal Officer

    Lacey Pittman Tomenak

    Main Address

    701 TILLERY ST 12, AUSTIN, TX, 78702

    NTEE Category

    Code: B90 - Education

    If you are a representative of Pelotonu Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.