Peak 7 Adventures
- Assets
- $421.1k
- Revenue
- $433.3k
- Investments
- $0.0
- Employees
- 19
- Location
- Mead, WA
- Founding
- 08/2006
- Data as of
- 12/2023
- 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 12/2023, 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 12/2023, Peak 7 Adventures generated $433.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $493.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 9 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
2023
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 |
|---|---|---|---|
Austin Dannen Executive Dir. | OfficerTrustee | 40 | $64,281 |
Robbie Rech Treasurer | OfficerTrustee | 1 | $0 |
Tyler Mcguffin Chairman | OfficerTrustee | 2 | $0 |
Juliana Stegenga Trustee | Trustee | 1 | $0 |
Phillip Goodman Trustee | Trustee | 1 | $0 |
Nancy Thai Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $261,265 |
| Noncash contributions included in lines 1a–1f | $1,130 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $261,265 |
| Total Program Service Revenue | $125,155 |
| Investment income | $33 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$4,158 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $51,038 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $433,333 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $64,282 |
| Other salaries and wages | $224,406 |
| Pension plan accruals and contributions | $3,071 |
| Other employee benefits | $10,853 |
| Payroll taxes | $27,768 |
| 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 | $22,500 |
| Advertising and promotion | $3,921 |
| Office expenses | $14,497 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,607 |
| Travel | $2,481 |
| 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 | $1,181 |
| Insurance | $6,670 |
| All other expenses | $13,343 |
| Total functional expenses | $493,708 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,432 |
| Savings and temporary cash investments | $36,413 |
| 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 | $354,275 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $421,120 |
| 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 | $19,145 |
| Total liabilities | $19,145 |
| Net assets without donor restrictions | $401,975 |
| 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 | $421,120 |