Career Education Scholarship Fund

Nonprofit profile at a glance

EIN
364264158
IRS 990-EZ coverage
2020–2025
Forms available
Form 990-EZ 2025
Location
Schaumburg, IL, USA
Rating
51
Verdict
MIXED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$18,464
Expenses
$12,524
Assets
$493,290
Liabilities
$3,070

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • Conna Bral (Vice President)
  • Jill DeAtley (Vice President)
  • Kathleen Schnier (President)

People named in this filing

  • Lawrence D Levin (Director)
  • William R Loesch (Director)
  • Martin M Loring (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide both need-based and merit-based scholarships to qualified students enrolled in Perdoceo Education Corporation academic programs.

What it reported doing in 2025

The primary purpose of the career education scholarship fund the fund is to grant both need-based and merit-based scholarships to qualified students enrolled at perdoceo education corporation pec institutions. The students seek doctorate masters bachelors associates degrees and certificates in career-focused disciplines focusing on skill to meet the needs of todays busy adult students. Pec is one of the largest post-secondary education providers in the country; pec currently has an enrollment of over 35,000 students at its 2 largest university segments. Pec strives to ensure that all of its training is relevant to and meets the changing needs of its students and the job market. Fields offered include: business and management nursing health care management health sciences information technologies engineering education and criminal justice among others. See attached for complete statement.

Operating model

Revenue model
Donor-supported. 77% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 27
  • Transparency & Controls: 82
  • Sustainability: 77
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 28.7%; rating input score 29
  • Program expense ratio: 24%; rating input score 24

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 32.2%; rating input score 81; 81st percentile among comparable filings
  • Total-asset coverage ratio: 39.39; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 27; 27th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -69.6% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: -28.5% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: 2.4% per year; rating input score 100; 47th percentile among comparable filings

Details

  • Where the money goes: 28.7% of revenue deployed · 24% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $3K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 29/100.
  • High — Financial Efficiency: Program expense ratio scored 24/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 27/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.