Skip to content
Nonprofiteer
← PEYBACK FOUNDATION INC

Form 990 for tax year 2023

Filed by PEYBACK FOUNDATION INC.

Totals

Total revenue
$690,552
Total expenses
$668,628
Contributions and grants received
$426,486
Grants paid
$485,000
Program service revenue
$0
Investment income
$257,873
Other revenue
$6,193
Total assets, end of year
$4,790,440
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$4,790,440
Program services expenses (Part IX)
$640,366
Management and general expenses
$27,692
Fundraising expenses
$570
Program service expenses (Part III)
$640,366

Program services were 95.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $9,930

  • 1f · All other contributions, gifts and grants

    $416,556

  • 3 · Investment income

    total $194,305 · excluded $194,305

  • 7a · Gross sales of assets other than inventory

    securities $2,958,139

  • 7b · Less cost or other basis and sales expenses

    securities $2,894,571

  • 7c · Gain or loss

    securities $63,568

  • 7d · Net gain or loss

    total $63,568 · related or exempt $63,568

  • 8a · Fundraising events: gross income

    $6,270

  • 8a · Fundraising events: contributions included on line 1c

    $9,930

  • 8b · Fundraising events: direct expenses

    $569

  • 8c · Net income from fundraising events

    total $5,701 · excluded $5,701

  • 11a · Other revenue: NONDIVIDEND DISTRIBUTIONS

    total $492 · excluded $492

  • 11e · Other revenue, total

    $492

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $485,000 · program services $485,000

  • 11b · Fees: legal

    total $85 · management and general $85

  • 11f · Fees: investment management

    total $18,353 · management and general $18,353

  • 11g · Fees: other

    total $570 · fundraising $570

  • 13 · Office expenses

    total $2,777 · management and general $2,777

  • 23 · Insurance

    total $5,309 · management and general $5,309

  • 24a · Other expenses: M&E - AT-RISK YOUTH PRG

    total $79,366 · program services $79,366

  • 24b · Other expenses: GIFTS - AT-RISK YOUTH P

    total $76,000 · program services $76,000

  • 24c · Other expenses: FOREIGN TAXES

    total $1,168 · management and general $1,168

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1

  • 2 · Savings and temporary cash investments

    beginning of year $447,622 · end of year $209,429

  • 10a · Land, buildings and equipment: cost or other basis

    $7,052

  • 10b · Land, buildings and equipment: accumulated depreciation

    $7,052

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $4,320,893 · end of year $4,577,101

  • 15 · Other assets

    beginning of year $0 · end of year $3,910

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $4,768,516 · end of year $4,790,440

Mission and programs · 2023

Mission

TO PROMOTE THE FUTURE SUCCESS OF DISADVANTAGED YOUTH BY ASSISTING PROGRAMS THAT PROVIDE THE NECESSARY LEADERSHIP AND GROWTH OPPORTUNITIES FOR YOUTH WHO ARE AT RISK

Activities or mission (Part I)

TO PROMOTE THE FUTURE SUCCESS OF DISADVANTAGED YOUTH BY ASSISTING PROGRAMS THAT PROVIDE THE NECESSARY LEADERSHIP AND GROWTH OPPORTUNITIES FOR YOUTH WHO ARE AT RISK.

  • GRANT PROGRAM: GRANTS MADE TO DOZENS OF ORGANIZATIONS DESCRIBED IN IRC SECTION 501 (C) (3) WHICH INVOLVE PROGRAMS THAT PROVIDE NECESSARY LEADERSHIP AND GROWTH OPPORTUNITIES FOR YOUTH AT RISK

    Expenses $485,000 · Grants $485,000

  • HOLIDAY HAPPENINGS PROGRAM: THANKSGIVING AND HOLIDAY PARTIES SPONSORED FOR THOUSANDS OF CHILDREN INVOLVED WITH ORGANIZATIONS IN THE INDIANAPOLIS, NEW ORLEANS, DENVER AND KNOXVILLE AREAS THAT PROVIDE THE NECESSARY LEADERSHIP AND GROWTH OPPORTUNITIES FOR YOUTH AT RISK

    Expenses $88,500

  • TICKET INCENTIVE PROGRAM: ALLOWS DISADVANTAGED YOUTH THE OPPORTUNITY TO ATTEND DENVER BRONCOS AND INDIANAPOLIS COLTS HOME GAMES THROUGHOUT THE NFL SEASON, AS WELL AS UNIVERSITY OF TENNESSEE FOOTBALL GAMES. THE FOUNDATION PURCHASES BLOCKS OF TICKETS TO EACH HOME GAME TO ALLOW AS MANY CHILDREN AS POSSIBLE TO SEE THE DENVER BRONCOS, INDIANAPOLIS COLTS AND UNIVERSITY OF TENNESSEE VOLUNTEERS PLAY AT THEIR RESPECTIVE HOME STADIUMS

    Expenses $66,866

As filed on the 2023 return.

Listed in Part VII

  • Peyton Manning

    PRESIDENT/TRUSTEE

    Total calculated
    $0
    Hours/week
    15

  • Archie Manning

    TREAS/SEC/TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • John Palguta

    ASSIST SEC/TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Ashley Manning

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
11 November 2024
IRS schema version
2023v5.1
Source object
202443169349304289

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.