Peak 7 Adventures
- Assets
- $498.7k
- Revenue
- $511.9k
- Investments
- $0.0
- Employees
- 19
- Location
- Mead, WA
- Founding
- 08/2006
- Data as of
- 12/2021
- EIN
- 20-4723348
Organization Overview
Peak 7 Adventures is located in Mead, WA. The organization was established in 2006. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Peak 7 Adventures employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peak 7 Adventures 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 12/2021, Peak 7 Adventures generated $511.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $403.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.5%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PEAK 7 EXISTS TO PROVIDE A FIRST-RATE OUTDOOR ADVENTURE EXPERIENCE THAT ENGAGES YOUTH SPIRITUALLY, PHYSICALLY, MENTALLY AND EMOTIONALLY TO HELP THEM REALIZE A GREATER POTENTIAL.SERVE YOUTH: WE PROVIDE OPPORTUNITIES TO PARTICIPATE IN PROGRAMS REGARDLESS OF RACE, GENDER, RELIGION, ETHNICITY OR SOCIO-ECONOMIC STATUS.CHALLENGE PARTICIPANTS:WE PROVIDE PROGRAMS WHICH ENABLE PARTICIPANTS TO OVERCOME THEIR PERCEIVED LIMITS.ENSURE SAFETY:WE ARE COMMITTED TO FOLLOWING AND ENFORCING RIGOROUS SAFETY STANDARDS.INSPIRE HOPE & REVEAL THE CREATOR: "I LIFT UP MY EYES TO THE MOUNTAIN, WHERE DOES MY HELP COME FROM? MY HELP COMES FROM THE LORD, THE MAKER OF HEAVEN AND EARTH." PSALM 121:1-2
Describe the Organization's Program Activity:
Part 3 - Line 4a
PEAK 7 ADVENTURES, BEING FAITH-BASED, PROVIDES A MEANINGFUL WILDERNESS EXPERIENCE TO YOUTH AND COMMUNITIES THROUGH RAFTING, CLIMBING, HIKING AND MOUNTAINEERING TRIPS THROUGHOUT THE PACIFIC NORTHWEST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Mccoy Secretary | OfficerTrustee | 1 | $0 |
John Harper Chairman | OfficerTrustee | 2 | $0 |
Tyler Mcguffin Treasurer | OfficerTrustee | 2 | $0 |
Robbie Rech Trustee | Officer | 1 | $0 |
Phillip Goodman Trustee | Trustee | 1 | $0 |
Adrian Popa Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $115,535 |
| All other contributions, gifts, grants, and similar amounts not included above | $197,482 |
| Noncash contributions included in lines 1a–1f | $1,122 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $313,017 |
| Total Program Service Revenue | $149,443 |
| Investment income | $16 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,977 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $40,399 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $511,852 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $47,042 |
| Compensation of current officers, directors, key employees. | $2,352 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $195,749 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,799 |
| Payroll taxes | $23,448 |
| 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 | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,366 |
| Office expenses | $9,862 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,401 |
| Travel | $1,246 |
| 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 | $11,473 |
| Insurance | $6,765 |
| All other expenses | $8,961 |
| Total functional expenses | $403,244 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,804 |
| Savings and temporary cash investments | $70,017 |
| 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 | $374,901 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $498,722 |
| 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 | $15,923 |
| Total liabilities | $15,923 |
| Net assets without donor restrictions | $482,799 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $498,722 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Peak 7 Adventures has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
A Solid Foundation Boring, OR PURPOSE: IMPACT | $1,000 |
Endowment Analysis
| Beg. Balance | $39,332 |
| Ending Balance | $39,332 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bridge Ministries Bellevue, WA | $2,376,467 | $5,280,770 |
Interact Ministries Inc Boring, OR | $2,444,865 | $2,307,839 |
Tacoma New Life Presbyterian Church Tacoma, WA | $6,383,396 | $1,529,207 |
Seabeck Conference Center Seabeck, WA | $8,634,515 | $1,648,729 |
Mike Silva Evangelism Inc Beaverton, OR | $624,310 | $1,401,568 |
National Christian Forensics And Communications Association Yakima, WA | $658,986 | $1,127,319 |
Pacific Northwest Outreach Inc Gresham, OR | $30,778 | $1,201,443 |
Vipassana Community Foundation Onalaska, WA | $1,437,686 | $1,373,097 |
Reid Saunders Evangelistic Association Salem, OR | $3,747,589 | $2,249,149 |
Experience Mission Inc Nordland, WA | $149,819 | $967,227 |
Pyung An Presbyterian Church Auburn, WA | $2,407,251 | $1,427,456 |
Bible Teaching Inc Silverton, OR | $513,314 | $1,166,261 |