Peak Performance Sports & Development Foundation Inc
- Assets
- $4.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Alpharetta, GA
- Founding
- 07/2009
- Data as of
- 12/2023
- EIN
- 26-2478825
Organization Overview
Peak Performance Sports & Development Foundation Inc is located in Alpharetta, GA. The organization was established in 2009. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peak Performance Sports & Development Foundation Inc 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 12/2023, Peak Performance Sports & Development Foundation Inc generated $96.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.6%) each year. All expenses for the organization totaled $70.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (12.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE FOCUS IS ON BUILDING STRONG INDIVIDUALS AND BASKETBALL PLAYERS. THEY ARE TAUGHT TO PURSUE EXCELLENCE IN THEIR HOMES, SCHOOLS, AND COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Price Executive Dir. | 40 | $8,500 | |
Sherwin Loudermilk Chairman | 0 | $0 | |
Kaitlyn Dinkins Director | 0 | $0 | |
Ninya Johnson Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,782 |
| Total Program Service Revenue | $55,092 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $96,874 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,270 |
| Professional fees and other payments to independent contractors | $12,550 |
| Occupancy, rent, utilities, and maintenance | $10,284 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28,470 |
| Total expenses | $70,574 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,701 |
| Other assets | $0 |
| Total assets | $4,270 |
| Total liabilities | $28,027 |
| Net assets or fund balances | -$23,757 |