Pink Boots Society
- Assets
- $954.7k
- Revenue
- $746.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Eagan, MN
- Founding
- 12/2012
- Data as of
- 12/2021
- EIN
- 80-0345318
Organization Overview
Pink Boots Society is located in Eagan, MN. The organization was established in 2012. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pink Boots Society is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Pink Boots Society generated $746.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 36.9% each year . All expenses for the organization totaled $446.3k during the year ending 12/2021. While expenses have increased by 32.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PINK BOOTS SOCIETY WAS CREATED TO ASSIST, INSPIRE AND ENCOURAGE WOMEN BEER INDUSTRY PROFESSIONALS TO ADVANCE THEIR CAREERS THROUGH EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PINK BOOTS SOCIETY IS FOCUSED ON THE ADVANCEMENT OF WOMEN IN THE BEER INDUSTRY THROUGH EDUCATION. OUR SCHOLARSHIPS ARE MADE POSSIBLE WITH INDUSTRY SUPPORT FROM BREWERIES, HOP SUPPLIERS, MALTSTERS, AFFILIATE BUSINESSES, AND GENEROUS DONORS. WE PARTNER WITH ACCREDITED UNIVERSITIES AND REPUTABLE ONLINE PROGRAMS SUCH AS OREGON STATE UNIVERSITY, UC DAVIS, CICERONE BEER SAVVY AND SIEBEL INSTITUTE.OUR SCHOLARSHIPS AND EDUCATIONAL PROGRAMMING REFLECT A WIDE ARRAY OF PROFESSIONAL DEVELOPMENT TOPICS; BREWING TECHNIQUES, SENSORY EVALUATION, FERMENTATION SCIENCE, BREWERY BUILDOUT, MARKETING, AND THE BUSINESS OF CRAFT BEER, AMONG OTHERS. UPON COMPLETION OF THEIR COURSEWORK, SCHOLARSHIP RECIPIENTS BECOME AMBASSADORS FOR PROFESSIONAL EDUCATION, AN INCREASED ASSET TO THEIR COMPANY, AND MENTORS FOR FELLOW PINK BOOTS MEMBERS. IN ADDITION, PINK BOOTS CONTINUES THE RIPPLE EFFECT OF COMMUNITY EDUCATION BY REQUIRING EACH SCHOLARSHIP RECIPIENT TO "PAY-IT-FORWARD" BY TEACHING WHAT THEY LEARNED TO THEIR CHAPTER, COMPANY, OR COMMUNITY AT LARGE.WE PROVIDE COMMUNITY SUPPORT FOR OVER 1800 MEMBERS AROUND THE WORLD. WE PROVIDE EDUCATION RESOURCES ONLINE, DEVELOP NEW SCHOLARSHIP OPPORTUNITIES AND ASSIST OUR GROWING NUMBER OF CHAPTERS WITH REGIONAL EDUCATION AND PROGRAMMING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ellen Sherrill Vice President | OfficerTrustee | 15 | $0 |
Jen Jordan President | OfficerTrustee | 15 | $0 |
Jennifer Erickson Treasurer | OfficerTrustee | 15 | $0 |
Frances Antonio-Martineau Secretary | OfficerTrustee | 15 | $0 |
Amy Hope Executive VP | Officer | 10 | $0 |
Kurt Rood VP Of Finance | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $320,371 |
| Related organizations | $0 |
| Government grants | $48,212 |
| All other contributions, gifts, grants, and similar amounts not included above | $260,691 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $629,274 |
| Total Program Service Revenue | $103,926 |
| Investment income | $1,224 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $5,293 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,413 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $746,794 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $25,408 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $279,441 |
| Fees for services: Legal | $1,687 |
| Fees for services: Accounting | $11,190 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,013 |
| Advertising and promotion | $6,953 |
| Office expenses | $3,340 |
| Information technology | $23,634 |
| Royalties | $0 |
| Occupancy | $30,000 |
| Travel | $5,872 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,808 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $782 |
| Insurance | $2,605 |
| All other expenses | $14,965 |
| Total functional expenses | $446,316 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $791,080 |
| Savings and temporary cash investments | $102,351 |
| Pledges and grants receivable | $15,000 |
| Accounts receivable, net | $11 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,494 |
| Prepaid expenses and deferred charges | $34,677 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $5,040 |
| Other assets | $0 |
| Total assets | $954,653 |
| Accounts payable and accrued expenses | $7,655 |
| Grants payable | $0 |
| Deferred revenue | $136,518 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $47,217 |
| Total liabilities | $191,390 |
| Net assets without donor restrictions | $700,957 |
| Net assets with donor restrictions | $62,306 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $954,653 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pink Boots Society has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Fairfield Countys Community Foundation Inc Norwalk, CT PURPOSE: FOR GENERAL SUPPORT. | $15,000 |