Nonprofit · EIN 23-7163011
POLICY STUDIES ORGANIZATION
Tax-exempt · SPRINGFIELD, IL 62704
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,283,226 | $1,412,339 | -$129,113 | $318,394 | $1,103,274 | -$784,880 |
| December 31, 2023 | 990 (amended) | $1,047,646 | $1,514,768 | -$467,122 | $340,557 | $996,324 | -$655,767 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $380,020
- Program service revenue
- $903,176
- Investment income
- $30
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $161,100
- Compensation of officers, directors and key employees
- $120,000
- Other salaries and wages
- $454,230
- Salaries, compensation and benefits (total)
- $600,557
- Professional fundraising fees
- $0
- Accounting fees
- $34,852
- Occupancy
- $161,928
- Travel
- $99,326
- Depreciation
- $1,750
- Program services (functional)
- $711,113
- Management and general (functional)
- $701,226
Balance sheet and other
- Total assets, start of year
- $340,557
- Total assets, end of year
- $318,394
- Total liabilities, end of year
- $1,103,274
- Net assets, end of year
- -$784,880
- Land, buildings and equipment
- $261,795
- Net assets without donor restrictions
- -$784,880
- Gross receipts
- $1,283,226
- Employees
- 5
- Volunteers
- 4
- Year formed
- 1972
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANIEL GUTIERREZ-SANDOVAL | EXEC DIR/SEC Officer | 40 | $120,000 |
| ANGELA MATYSIAK | VICE PRESIDE Officer | – | $0 |
| DR PAUL RICH | PRESIDENT Officer | 20 | $0 |
| VICTORIA BASOLO | VICE PRESIDE Officer | – | $0 |
| GUILLERMO DE LOS REYES | VICE PRESIDE Officer | 20 | $0 |
| VERNON SMITH | VICE PRESIDE Officer | – | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANIEL GUTIERREZ-SANDOVAL | EXECUTIVE DI Officer | 40 | $120,000 |
| ANGELA MATYSIAK | VICE PRESIDE Officer | – | $0 |
| DR PAUL RICH | PRESIDENT Officer | 40 | $0 |
| VICTORIA BASOLO | VICE PRESIDE Officer | – | $0 |
| GUILLERMO DE LOS REYES | VICE PRESIDE Officer | 10 | $0 |
| VERNON SMITH | VICE PRESIDE Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 2501 CHATHAM RD STE N, SPRINGFIELD, IL 62704-4188
- Principal officer (990 for 2024)
- DR PAUL RICH, 1700 17TH ST NW 201, WASHINGTON, DC 20009
- Signed the 990
- DR PAUL RICH, PRESIDENT
- Phone
- (217) 355-8979
- Website
- WWW.IPSONET.ORG
- Return prepared by
- GOLDIN GROUP LLC
Mission
TO DISSEMINATE SCHOLARSHIP WIDELY AT LOW COST, AND ALONG WITH SCHOLARSHIPS AND GRANTS, IT DISTRIBUTES ITS PUBLICATIONS FREE OF CHARGE TO OVER 4000 INSTITUTIONS IN DEVELOPING COUNTRIES. SEE SCHEDULE O.
Program accomplishments
- JOURNALS: JOURNALS REMAIN THE MAIN SOURCE OF INCOME FOR THE ORGANIZATION, SPECIFICALLY THOSE THAT ARE PUBLISHED ON OUR BEHALF BY WILEY. IN 2024 WE MOVED TWO JOURNALS PUBLISHED BY SAGE TO WILEY AS WELL. AS SUCH, A MAIN CONCERN IS TO CONTINUE DRIVING GROWTH IN TERMS OF OUTPUT AND READERSHIP.Expenses $455,337 · grants $161,100
- CONFERENCES: THE CONFERENCES ARE MEANT TO PROMOTE AND SUPPORT OUR JOURNALS BY ENLARGING THE POTENTIAL NETWORKS OF RESEARCHERS LOOKING FOR ACADEMIC PLATFORMS TO PUBLISH THEIR RESEARCH, REFLECTED IN THE INCREASE IN ARTICLES SUBMITTED AND ARTICLES PUBLISHED IN THE JOURNALS YEAR AFTER YEAR. THE CONFERENCES ARE ALSO USEFUL TO CREATE CONTENT (VIDEO RECORDINGS) THAT CAN SERVE AS ADDED VALUE TO THE JOURNALS THEY ARE CONNECTED TO. OUR GOAL IS TO FIND WAYS TO INCREASINGLY MONETIZE THIS CONTENT. WE CURRENTLY RECEIVE ABOUT 5K IN ROYALTIES FOR SOME OF OUR VIDEOS AND WE THINK THERE IS POTENTIAL TO INCREASE THAT AS WE PUSH FOR OUR JOURNALS TO BE INCREASINGLY USED IN CURRICULUM DEVELOPMENT.Expenses $141,349
- WESTPHALIA PRESS: SUPPORTS THE PSO MISSION TO DISSEMINATE SCHOLARSHIP BY OFFERING FAIR AND AFFORDABLE PUBLISHING OPTIONS FOR AUTHORS. 31 BOOKS IN TOTAL WERE PUBLISHED IN 2024.Expenses $114,427
- THESE PROGRAMS ARE PART OF THE OVERALL PSO SUPPORT OF POLICY CURRICULUM AND SCHOLARSHIP. THEY ARE MEANT TO SUSTAIN TEACHING BY PRODUCING MULTI-MEDIA AND MULTIDISCIPLINARY CONTENT. THE GOAL OF PSO IS TO DISSEMINATE SCHOLARSHIP AND PROMOTE INTERDISCIPLINARY DISCUSSION OF CURRENT ISSUES. PSO TAKES NO IDEOLOGICAL STANCE, AND ITS BOARDS, COMMITTEES, AND STAFF ARE INTERNATIONAL, AS WELL AS ITS OVERALL SCOPE. ALL PSO JOURNALS ARE FURNISHED TO SEVERAL THOUSAND UNIVERSITIES IN DEVELOPING COUNTRIES AT NO CHARGE. ALL OF PSO'S DIGITAL ASSETS ARE BACKED UP, INCLUDING THE VIDEO LIBRARY WITH ABOUT 660 VIDEO RECORDINGS OF LECTURES AND SESSIONS HELD DURING OUR VARIOUS CONFERENCES. PSO HAS DONATED VARIOUS SCULPTURE ARTWORKS IN THE DUPONT CIRCLE NEIGHBORHOOD IN WASHINGTON DC IN COOPERATION WITH THE CAVANAUGH FOUNDATION: HTTPS://DEMOCRATICWOMAN.ORG/CAVANAUGH-SCULPTURE-GARDEN AND MORE ARE PLANNED IN THE COMING YEARS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7163011
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1973
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W06Z)
- Assets (IRS master file)
- $318,394
- Income (IRS master file)
- $1,283,226
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,283,226 | $1,412,339 | $318,394 | XML |
| 990 | December 2023 | $1,047,646 | $1,514,768 | $340,557 | XML |
| 990 | December 2022 | $1,010,370 | $1,297,264 | $809,225 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7163011).
Questions about POLICY STUDIES ORGANIZATION
- What is the EIN of POLICY STUDIES ORGANIZATION?
- The employer identification number (EIN) of POLICY STUDIES ORGANIZATION is 23-7163011.
- Is POLICY STUDIES ORGANIZATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
- Are donations to POLICY STUDIES ORGANIZATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does POLICY STUDIES ORGANIZATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of POLICY STUDIES ORGANIZATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did POLICY STUDIES ORGANIZATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of POLICY STUDIES ORGANIZATION?
- The 990 for the year ended December 31, 2024 names DR PAUL RICH.
- Who are the officers and directors of POLICY STUDIES ORGANIZATION?
- The 990 for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $120,000 (DANIEL GUTIERREZ-SANDOVAL, EXEC DIR/SEC).
- How much revenue does POLICY STUDIES ORGANIZATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,283,226, expenses of $1,412,339 and total assets of $318,394 at year end.
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