Nonprofit · EIN 85-4012082
JAMES J PETE DREXLER SCHOLARSHIP FUND
Tax-exempt · COLORADO SPGS, CO 80903
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $6,385 | $3,531 | $2,854 | $20,746 | $0 | $20,746 |
| December 31, 2024 | 990-EZ | $3,434 | $5,343 | -$1,909 | $16,287 | $0 | $16,287 |
| December 31, 2023 | 990-EZ | $6,996 | $6,565 | $431 | $17,653 | $0 | $17,653 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $5,523
- Investment income
- $352
- Net gain from sales of assets
- $510
Expenses
- Grants and similar amounts paid
- $3,000
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $531
Balance sheet and other
- Total assets, start of year
- $16,287
- Total assets, end of year
- $20,746
- Total liabilities, end of year
- $0
- Net assets, end of year
- $20,746
- Cash, savings and investments
- $3,879
- Gross receipts
- $6,385
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATTHEW DREXLER | PRESIDENT | 0 | $0 |
| KATERI DREXLER | VICE-PRESIDENT | 0 | $0 |
| TIMOTHY DREXLER | SECRETARY TREASURER | 0 | $0 |
990-EZ for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATTHEW DREXLER | PRESIDENT | 0 | $0 |
| KATERI DREXLER | VICE-PRESIDENT | 0 | $0 |
| TIMOTHY DREXLER | SECRETARY TREASURER | 0 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATTHEW DREXLER | PRESIDENT | 0 | $0 |
| KATERI DREXLER | VICE-PRESIDENT | 0 | $0 |
| TIMOTHY DREXLER | SECRETARY TREASURER | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 24 S WEBER ST STE 100, COLORADO SPGS, CO 80903-1958
- Signed the 990-EZ
- MATTHEW DREXLER, PRESIDENT
- Phone
- (719) 471-8000
- Return prepared by
- DREXLER TAX & ACCOUNTING SERVICES PC
Mission
THE JAMES J "PETE" SCHOLARSHIP FUND PROVIDES EDUCATIONAL SCHOLARSHIPS FOR UNIVERSITY STUDENTS IN NEW MEXICO AND NEIGHBORING STATES (I.E., NEW MEXICO STATE UNIVERSITY, HEREINAFTER NMSU) STUDYING IN THE FIELDS OF PHYSICS, MATHEMATICS, LOCAL NEW MEXICO HISTORY, AND/OR A SIMILAR FIELD OF STUDY. BOTH GRADUATING HIGH SCHOOL SENIORS AND CURRENT UNDERGRADUATE AND GRADUATE STUDENTS ARE ELIGIBLE TO APPLY. THE SPECIFIC OBJECTIVES AND PURPOSE OF THIS ORGANIZATION SHALL BE: A. TO PROVIDE SUPPLEMENTAL EDUCATIONAL FUNDING FOR STUDENTS INCLUDING BUT NOT LIMITED TO TUITION ASSISTANCE AND RELATED FEES; B. TO PROVIDE FUNDING FOR THE PURCHASE OF BOOKS,EQUIPMENT, MATERIALS, AND TECHNOLOGY NECESSARY FOR COURSEWORK; C. TO ENCOURAGE AND SUPPORT STUDENTS STUDYING AT NMSU IN THE FIELDS OF PHYSICS, MATHEMATICS, AND/OR LOCAL NEW MEXICO HISTORY; AND D. TO SPONSOR, HOST AND/OR PARTICIPATE IN EVENTS AND ACTIVITIES THAT PROMOTE NMSUS PHYSICS, MATHEMATICS, AND/OR LOCAL NEW MEXICO HISTORY EDUCATIONAL PROGRAMS
Program accomplishments
- DURING 2025, WE CONTINUED FUNDRAISING, RAISING $5,000 IN PUBLIC AND PRIVATE CONTRIBUTIONS.
- WE FUNDED ONE SCHOLARSHIP OF $1,500; WE CONTRIBUTED TO FULL BASKET BELIZE IN THE AMOUNT OF $1,500.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 85-4012082
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $20,746
- Income (IRS master file)
- $6,385
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $6,385 | $3,531 | $20,746 | XML |
| 990-EZ | December 2024 | $3,434 | $5,343 | $16,287 | XML |
| 990-EZ | December 2023 | $6,996 | $6,565 | $17,653 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | 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 85-4012082).
Questions about JAMES J PETE DREXLER SCHOLARSHIP FUND
- What is the EIN of JAMES J PETE DREXLER SCHOLARSHIP FUND?
- The employer identification number (EIN) of JAMES J PETE DREXLER SCHOLARSHIP FUND is 85-4012082.
- Is JAMES J PETE DREXLER SCHOLARSHIP FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to JAMES J PETE DREXLER SCHOLARSHIP FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does JAMES J PETE DREXLER SCHOLARSHIP FUND file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of JAMES J PETE DREXLER SCHOLARSHIP FUND due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did JAMES J PETE DREXLER SCHOLARSHIP FUND last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of JAMES J PETE DREXLER SCHOLARSHIP FUND?
- The 990-EZ for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does JAMES J PETE DREXLER SCHOLARSHIP FUND have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $6,385, expenses of $3,531 and total assets of $20,746 at year end.
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