Totals
- Total revenue
- $1,566,957
- Total expenses
- $1,237,340
- Contributions and grants received
- $1,355,857
- Grants paid
- $48,940
- Program service revenue
- $213,454
- Investment income
- $3,503
- Other revenue
- -$5,857
- Total assets, end of year
- $614,915
- Total liabilities, end of year
- $253,779
- Net assets or fund balances, end of year
- $361,136
- Program services expenses (Part IX)
- $979,190
- Management and general expenses
- $126,255
- Fundraising expenses
- $131,895
- Program service expenses (Part III)
- $979,190
Program services were 79.1% 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.
-
1f · All other contributions, gifts and grants
$1,355,857
-
1g · Noncash contributions included above
$640
-
2a · Program service revenue: College Counseling and
total $213,454 · related or exempt $213,454
-
3 · Investment income
total $425 · excluded $425
-
7a · Gross sales of assets other than inventory
securities $6,459
-
7b · Less cost or other basis and sales expenses
securities $3,381
-
7c · Gain or loss
securities $3,078
-
7d · Net gain or loss
total $3,078 · excluded $3,078
-
8a · Fundraising events: gross income
$5,000
-
8b · Fundraising events: direct expenses
$11,442
-
8c · Net income from fundraising events
total -$6,442 · excluded -$6,442
-
11a · Other revenue: Miscellaneous Revenue
total $585 · excluded $585
-
11e · Other revenue, total
$585
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $48,940 · program services $48,940
-
5 · Compensation of officers, directors and key employees
total $120,583 · program services $102,496 · management and general $4,019 · fundraising $14,068
-
7 · Other salaries and wages
total $598,495 · program services $508,720 · management and general $19,950 · fundraising $69,825
-
8 · Pension plan contributions
total $21,070 · program services $17,910 · management and general $702 · fundraising $2,458
-
9 · Other employee benefits
total $70,826 · program services $60,202 · management and general $2,361 · fundraising $8,263
-
10 · Payroll taxes
total $59,392 · program services $50,483 · management and general $1,980 · fundraising $6,929
-
11c · Fees: accounting
total $41,400 · program services $10,402 · management and general $30,998
-
11g · Fees: other
total $106,607 · program services $85,942 · fundraising $20,665
-
12 · Advertising and promotion
total $23,626 · program services $11,813 · management and general $11,813
-
13 · Office expenses
total $35,476 · program services $9,972 · management and general $22,620 · fundraising $2,884
-
14 · Information technology
total $23,985 · program services $11,293 · management and general $11,791 · fundraising $901
-
16 · Occupancy
total $41,176 · program services $34,999 · management and general $1,373 · fundraising $4,804
-
17 · Travel
total $4,395 · program services $2,222 · management and general $2,066 · fundraising $107
-
19 · Conferences, conventions and meetings
total $15,810 · program services $13,582 · management and general $2,090 · fundraising $138
-
20 · Interest
total $13,469 · management and general $13,469
-
22 · Depreciation, depletion and amortization
total $4,779 · program services $4,000 · management and general $779
-
23 · Insurance
total $7,311 · program services $6,214 · management and general $244 · fundraising $853
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $107,460 · end of year $127,714
-
2 · Savings and temporary cash investments
beginning of year $22,342 · end of year $9,800
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $339,020
-
4 · Accounts receivable
beginning of year $102,126 · end of year $2,055
-
9 · Prepaid expenses and deferred charges
beginning of year $9,969 · end of year $23,372
-
10a · Land, buildings and equipment: cost or other basis
$7,230
-
10b · Land, buildings and equipment: accumulated depreciation
$2,883
-
10c · Land, buildings and equipment, net
beginning of year $5,126 · end of year $4,347
-
12 · Investments: other securities
beginning of year $6,722
-
14 · Intangible assets
beginning of year $24,667 · end of year $107,207
-
15 · Other assets
beginning of year $1,400 · end of year $1,400
-
17 · Accounts payable and accrued expenses
beginning of year $81,464 · end of year $112,300
-
19 · Deferred revenue
beginning of year $3,667 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $159,820 · end of year $141,479
-
27 · Net assets without donor restrictions
beginning of year -$192,757 · end of year -$241,596
-
28 · Net assets with donor restrictions
beginning of year $227,618 · end of year $602,732
Mission and programs · 2023
Mission
Peak Education walks alongside youth as they prepare to pursue the education and training they need to reach their dreams - illuminating the possibilities after high school, guiding them as they chart their course and providing support, resources, and skills to equip them for the journey.
-
College Counseling and Consulting: We work to close opportunity gaps for students from low-income backgrounds by providing monthly programming, mentorship, college counseling, and enrichment activities that prepare them for success in college and in their lives. Students begin with Peak Education in 6th grade and are supported through college completion. In 2023, Peak Education Scholars earned over $720,000 in scholarships with the entire senior class graduating high school on time and 91% of program participiants enrolled in a college option.
Expenses $979,190 · Grants $48,940 · Revenue $213,454
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Rick Gillit
President
- Total calculated
- $0
- Hours/week
- 4
-
Porschae Brown
Vice President / Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Cassie Gannett
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Carrie Mckee
Director
- Total calculated
- $0
- Hours/week
- 2
-
Todd Matia
Director
- Total calculated
- $0
- Hours/week
- 2
-
Heather Cassidy
Director
- Total calculated
- $0
- Hours/week
- 2
-
Noelle Paiment
Director
- Total calculated
- $0
- Hours/week
- 2
-
Carrie Mckee
Director
- Total calculated
- $0
- Hours/week
- 2
-
Evelyn Spencer
Director (thru 6/30/2024)
- Total calculated
- $0
- Hours/week
- 2
-
L Carlos Jimenez
CEO
- Total calculated
- $117,959
- From this org
- $109,174
- From related orgs
- $0
- Other
- $8,785
- Hours/week
- 40
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
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
Pikes Peak Educational Foundation
501(c)(3) · Support · CO
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 31 January 2025
- IRS schema version
- 2023v6.0
- Source object
- 202510319349300906
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.