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Nonprofiteer
← PEACE PELOTON

Form 990 for tax year 2024

Filed by PEACE PELOTON.

Totals

Total revenue
$148,171
Total expenses
$221,136
Contributions and grants received
$30,854
Grants paid
$0
Program service revenue
$117,317
Investment income
$0
Other revenue
$0
Total assets, end of year
$59,051
Total liabilities, end of year
$1,207
Net assets or fund balances, end of year
$57,844
Program services expenses (Part IX)
$164,139
Management and general expenses
$27,498
Fundraising expenses
$29,499
Program service expenses (Part III)
$164,139

Program services were 74.2% 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

    $30,854

  • 2a · Program service revenue: PROGRAM INCOME

    total $117,317 · related or exempt $117,317

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $95,000 · program services $66,500 · management and general $9,500 · fundraising $19,000

  • 10 · Payroll taxes

    total $8,036 · program services $5,625 · management and general $804 · fundraising $1,607

  • 11b · Fees: legal

    total $2,982 · management and general $2,982

  • 11c · Fees: accounting

    total $5,900 · management and general $5,900

  • 12 · Advertising and promotion

    total $6,221 · program services $4,355 · management and general $622 · fundraising $1,244

  • 13 · Office expenses

    total $8,925 · program services $6,247 · management and general $892 · fundraising $1,786

  • 14 · Information technology

    total $6,928 · program services $4,850 · management and general $693 · fundraising $1,385

  • 16 · Occupancy

    total $12,116 · program services $8,249 · management and general $3,867

  • 17 · Travel

    total $5,551 · program services $3,886 · management and general $555 · fundraising $1,110

  • 23 · Insurance

    total $8,508 · program services $5,956 · management and general $851 · fundraising $1,701

  • 24a · Other expenses: EVENT & ENTERTAINMENT

    total $21,629 · program services $21,629

  • 24b · Other expenses: EVENT SUPPLIES

    total $15,790 · program services $15,790

  • 24c · Other expenses: TAXES & LICENSES

    total $15,225 · program services $15,225

  • 24d · Other expenses: OTHER EXPENSES

    total $8,325 · program services $5,827 · management and general $832 · fundraising $1,666

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $132,641 · end of year $58,928

  • 8 · Inventories for sale or use

    end of year $123

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,807 · end of year -$1,004

  • 25 · Other liabilities

    beginning of year $0 · end of year $2,211

  • 27 · Net assets without donor restrictions

    beginning of year $130,834 · end of year $57,844

Mission and programs · 2024

Mission

Promote community and minority business enterprises through cycling events.

  • Entrepreneurship & Market Access - (Columbia City Night Market and RootedGrowth Accelerator)Peace Peloton advances economic equity by providing emerging entrepreneursespecially those with Black ownershipaccess to markets, customers, and capital. In 2024, the Columbia City Night Market hosted 12 events, attracting over 12,000 visitors and featuring 523 vendor appearances by 232 small businesses. Approximately 47% of vendors returned for multiple markets, and 124 used the event as their first-ever sales channel. Estimated vendor sales totaled $220,000$375,000.The RootedGrowth Accelerator graduated its second cohort of five entrepreneurs who completed eight modules covering operations, marketing, and finance. To date, 17 businesses have graduated, with 15 selling in PCC Community Markets and 12 expanding into additional outlets. In 2024, participants sold 42,000 units, earned $385,000 in revenue, and established 27 new retail partnerships. Together, these programs strengthen local economies by helping new founders gain skills, visibility, and sustainable revenue streams.

    Expenses $164,139 · Revenue $117,317

  • Community Engagement & Economic Mobility - (Fresh Air Rides and Summit 2 Sound)Peace Peloton transforms recreation into a tool for economic mobility and social connection. The Fresh Air Ride Series hosted five inclusive cycling events in 2024 with over 600 participants riding 7,200 miles. Each ride featured and supported seven Black-owned businesses, generating approximately $18,000 in direct vendor and retail revenue.The organization's signature endurance event, Summit 2 Sound, spanned 81 miles from Snoqualmie Summit to Seattle's waterfront, engaging 200 participants and raising $30,000 in registration revenue reinvested into community programs. These events build awareness and customer bases for local entrepreneurs while promoting physical health and collective economic action. Peace Peloton demonstrates that movement and commerce can work together to build stronger, more connected neighborhoods.

  • Fundraising & Ecosystem Building - (Harmony Hustle Annual Event)Peace Peloton's Harmony Hustle is an annual fundraiser celebrating creativity, entrepreneurship, and community investment. In 2024, it raised $60,500 through a mix of corporate sponsorships, ticket sales, silent auctions, and "Raise the Paddle" contributions. The event featured the Rooted Pitch Competition, awarding $5,000 in reimbursable business funding to emerging entrepreneurs.Harmony Hustle redefines traditional fundraising through immersive experiencesinviting donors to engage directly with program participants via product demos and storytelling. This approach strengthens donor relationships, showcases tangible impact, and supports Peace Peloton's mission to create self-sustaining, community-driven systems of economic empowerment. The event has evolved into a key annual platform advancing both organizational sustainability and regional entrepreneurship.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Reginald 'Doc' Wilson

    PRESIDENT

    Total calculated
    $95,000
    From this org
    $95,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Adam Bartz

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Ayus Garg

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

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.

Provenance

Return type
form_990
Tax year
2024
Filed
31 October 2025
IRS schema version
2024v5.2
Source object
202503099349302710

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