Is it real?
Yes. Exemption reinstated (2022-11-15). Per the IRS revocation list. Latest filing on record: FY2025. IRS ruling in Sep 2024.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
58 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
6 people listed on the 990.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Offers study abroad programs in Spanish language and culture.
Questions for Preshco INC
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PRESHCO fosters knowledge and appreciation of Spanish literature, culture, and language through studies in the humanities, natural and social sciences, and fine arts. Courses are offered within PRESHCO and by direct matricuation through the University of Cordoba.
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $566K | $529K |
| Total assetsLn 16 | $694K | $529K |
| LiabilitiesLn 26 | $482K | $254K |
| Net assetsLn 32 | $212K | $275K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $2K | $2K | ||
| Grants to domestic individualsLn 2 | $0 | |||
| Grants and assistance to foreign recipientsLn 3 | $0 | |||
| Benefits paid to or for membersLn 4 | $0 | |||
| Pay of current officers, directors and key staffLn 5 | $0 | |||
| Pay of disqualified personsLn 6 | $0 | |||
| Other salaries and wagesLn 7 | $254K | $19K | $235K | |
| Pension plan contributionsLn 8 | $11K | $11K | ||
| Other employee benefitsLn 9 | $12K | $12K | ||
| Payroll taxesLn 10 | $38K | $38K | ||
| Management feesLn 11a | $0 | |||
| Legal feesLn 11b | $12K | $12K | ||
| Accounting feesLn 11c | $18K | $18K | ||
| Lobbying feesLn 11d | $0 | |||
| Investment management feesLn 11f | $0 | |||
| Other fees for servicesLn 11g | $8K | $8K | ||
| Advertising and promotionLn 12 | $2K | $2K | ||
| Office expensesLn 13 | $25K | $5K | $21K | |
| Information technologyLn 14 | $0 | |||
| RoyaltiesLn 15 | $0 | |||
| OccupancyLn 16 | $34K | $20K | $14K | |
| TravelLn 17 | $74K | $72K | $1K | |
| Travel and entertainment for public officialsLn 18 | $0 | |||
| Conferences, conventions and meetingsLn 19 | $6K | $4K | $2K | |
| InterestLn 20 | $0 | |||
| Payments to affiliatesLn 21 | $0 | |||
| Depreciation, depletion and amortizationLn 22 | $0 | |||
| InsuranceLn 23 | $6K | $6K | ||
| Other expenses (24a–d)Ln 24 | $403K | $402K | $2K | |
| All other expensesLn 24e | $0 | |||
| Total functional expensesLn 25 | $906K | $524K | $382K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $1.2M | $1.4M | −$135K | $140K | 990 PDF |
| FY2024 Viewing | $969K | $906K | $63K | $275K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $968,912 revenue, 12 lines filed
Part VI · Governance 6 of 6 board members independent, 2 to look at
Part VIII · Statement of revenue $968,912 across 2 lines filed
Part IX · Statement of functional expenses $905,895 across 30 lines filed
Part X · Balance sheet $528,986 assets, 8 lines filed
Part XI · Reconciliation of net assets $274,836 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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