Friends Of Peak To Peak Inc
- Assets
- $1.6m
- Revenue
- $629.5k
- Investments
- $1.4m
- Employees
- 0
- Location
- Lafayette, CO
- Founding
- 06/2001
- Data as of
- 06/2022
- EIN
- 84-1562332
Organization Overview
Friends Of Peak To Peak Inc is located in Lafayette, CO. The organization was established in 2001. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Peak To Peak 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 06/2022, Friends Of Peak To Peak Inc generated $629.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $501.3k during the year ending 06/2022. While expenses have increased by 3.7% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT FOR PEAK TO PEAK CHARTER SCHOOL THROUGH A VARIETY OF FUNDRAISING ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FINANCIAL SUPPORT TO PEAK TO PEAK CHARTER SCHOOLS, INC. THROUGH FUNDRAISING ACTIVITIES AND TRANSFER OF FUNDS DIRECTLY TO THE ORGANIZATION TO FUND INSTRUCTIONAL AND ATHLETICS PROGRAMS.
PEAK TO PEAK CHARTER SCHOOL'S ENDOWMENT MAKES POSSIBLE SCHOLARSHIPS FOR PEAK TO PEAK GRADUATING SENIORS TO AID THE RECIPIENT IN PURSUING A FOUR-YEAR DEGREE FROM AN ACCREDITED COLLEGE OR UNIVERSITY. THROUGH THE ENDOWMENT, 16 RECIPIENTS WERE AWARDED A TOTAL OF $47,065.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marleene Buttice Vice President (thru 11/21) | OfficerTrustee | 2 | $0 |
Brian Boonstra Treasurer | OfficerTrustee | 2 | $0 |
Colleen Elliot President | OfficerTrustee | 2 | $0 |
Chirag Shah - Secretary (thru 11/21)/vice Pres (as Of 11/21) | OfficerTrustee | 2 | $0 |
David Woo Secretary (as Of 11/21) | OfficerTrustee | 2 | $0 |
Kelly Reeser Executive Director Of Education | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $114,294 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $331,868 |
| Noncash contributions included in lines 1a–1f | $59,163 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $446,162 |
| Total Program Service Revenue | $0 |
| Investment income | $35,692 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $164,864 |
| Net Income from Fundraising Events | -$33,948 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $16,771 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $629,541 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $422,849 |
| Grants and other assistance to domestic individuals. | $47,065 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $26,267 |
| Fees for services: Other | $300 |
| Advertising and promotion | $0 |
| Office expenses | $2,997 |
| Information technology | $499 |
| Royalties | $0 |
| Occupancy | $1,028 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $501,327 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,441 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $11,134 |
| Investments—other securities | $1,437,241 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,589,816 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $141,441 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,448,375 |
| Total liabilities and net assets/fund balances | $1,589,816 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Friends Of Peak To Peak Inc has recieved totaling $139,791.
| Awarding Organization | Amount |
|---|---|
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $94,002 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $38,915 |
The Colorado Health Foundation Denver, CO PURPOSE: GENERAL DONATION TO SUPPORT ORGANIZATION OR PROGRAM | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $1,574 |
Lumen Clarke M Williams Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $300 |
Endowment Analysis
| Beg. Balance | $1,724,555 |
| Earnings | -$229,293 |
| Admin Expense | $14,926 |
| Net Contributions | $770 |
| Grants | $43,865 |
| Ending Balance | $1,437,241 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Colorado State University Foundation Fort Collins, CO | $706,044,439 | $163,322,590 |
Unm Rainforest Innovations Albuquerque, NM | $22,586,721 | $58,002,418 |
University Of New Mexico Foundation Incorporated Albuquerque, NM | $270,142,035 | $53,815,950 |
Colorado School Of Mines Foundation Golden, CO | $425,843,908 | $49,131,943 |
American Indian College Fund Denver, CO | $151,570,496 | $57,441,920 |
Lincoln Institute Of Land Policy Phoenix, AZ | $774,885,329 | $64,138,879 |
Asu Enterprise Partners Tempe, AZ | $381,094,670 | $23,987,399 |
Northern Arizona University Fdn Inc Flagstaff, AZ | $256,288,832 | $37,761,443 |
New Mexico State University Foundation Inc Las Cruces, NM | $355,498,587 | $111,307,691 |
Washburn University Foundation Topeka, KS | $212,049,839 | $17,810,833 |
Fort Hays State University Foundation Hays, KS | $117,134,366 | $18,921,024 |
University Of Northern Colorado Foundation Inc Greeley, CO | $134,921,327 | $19,470,249 |