Kyle Pease Foundation Inc
- Assets
- $715.6k
- Revenue
- $692.2k
- Investments
- $0.0
- Employees
- 7
- Location
- Atlanta, GA
- Founding
- 06/2011
- Data as of
- 12/2022
- EIN
- 27-4563077
Organization Overview
Kyle Pease Foundation Inc is located in Atlanta, GA. The organization was established in 2011. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Kyle Pease Foundation Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kyle Pease 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 12/2022, Kyle Pease Foundation Inc generated $692.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $774.5k during the year ending 12/2022. While expenses have increased by 19.1% per year over the past 8 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
PROMOTE SUCCESS FOR PERSONS WITH DISABILITIES BY ASSISTING THEM IN MEETING THEIR INDIVIDUAL NEEDS THROUGH SPORTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022 KPF WENT ABOVE AND BEYOND ITS LIMITS TO PROVIDE MULTIPLE OPPORTUNITIES FOR OUR ATHLETES AND TEAMMATES. KPF STARTED OFF THE YEAR WITH A BANG AT THE PUBLIX ATLANTA HALF MARATHON AND THEN BROUGHT IN A NEW BRAND AND LOGO IN JUNE THAT HAS PROVIDED A HUGE BOOST FOR KPF AND THEN FINISHED THE YEAR WITH OUR ATHLETE CELEBRATION WEEKEND WITH A 10K AND END OF YEAR AWARDS & GRANTS. OUR GRANTS THAT WE WERE ABLE TO GIVE AWAY IN 2022 TOTALED ALMOST $100,000 TO HELP PURCHASE A WHEELCHAIR ACCESSIBLE VAN FOR ERIKA NORTHROP, A HOSPITAL BED FOR LIZZIE KIRKSEY, A NEW WHEELCHAIR FOR JAKOB BOHANNON AS WELL AS KYLEIGH KRAMLICH WITH THE PURCHASE OF A NEW ACCESSIBLE VEHICLE. BETWEEN THE 26 EVENTS THAT WE MANAGED THROUGHOUT THE YEAR INCLUDING SPEAKING ENGAGEMENTS TO RAISE AWARENESS AROUND THE FOUNDATION AS WELL AS THE ACCOMPLISHMENTS OF OUR FOUNDERS. THESE ENGAGEMENTS HELP TO RAISE FUNDS FOR KPF AND THOSE WE SERVE. IN ADDITION, KPF WAS ABLE TO BRING IN ANOTHER INCLUSIVE EMPLOYEE, EMANUEL MCFARLAND, TO ASSIST WITH OUR OPERATIONS TEAM WHICH BRINGS OUR INCLUSIVE EMPLOYEE STAFF TO 4. BY THESE MAJOR UPGRADES TO OUR STAFF AND EVENT SCHEDULES, WE EXCEEDED OUR GOALS FOR ATTENDANCE WITH 90 DIFFERENT KPF ATHLETES WITH 22 OF THOSE BEING BRAND NEW TO KPF. WITH THOSE HUGE KPF ATHLETE NUMBERS WE NEEDED AN EVEN LARGER NUMBER OF VOLUNTEERS TO GET US THROUGH THE ENTIRE EVENT CALENDAR, WHICH SAW OVER 300 VOLUNTEERS WHICH GOT US OVER THE LINE OF 700 FINISH LINES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danielle Overbaugh Board Chair | OfficerTrustee | 4 | $0 |
Joe Guttenplan Treasurer | OfficerTrustee | 4 | $0 |
Brent Pease Executive Director | OfficerTrustee | 40 | $105,000 |
Kyle Pease Director | Trustee | 40 | $24,000 |
Gregory Smith Director | Trustee | 4 | $0 |
Matthew Rose Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $529,765 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $483,890 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,013,655 |
| Total Program Service Revenue | $66,500 |
| Investment income | $387 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$390,982 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $692,159 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,157 |
| Grants and other assistance to domestic individuals. | $89,591 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $129,000 |
| Compensation of current officers, directors, key employees. | $42,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $183,531 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $23,794 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,853 |
| Fees for services: Accounting | $13,969 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $55,439 |
| Office expenses | $26,483 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,069 |
| Travel | $35,683 |
| 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 | $37,604 |
| Insurance | $27,726 |
| All other expenses | $0 |
| Total functional expenses | $774,473 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $223,565 |
| Savings and temporary cash investments | $157,115 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $91,310 |
| 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 | $163,977 |
| Investments—publicly traded securities | $50,000 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $29,626 |
| Total assets | $715,593 |
| Accounts payable and accrued expenses | $98,071 |
| 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 | $50,799 |
| Other liabilities | $30,676 |
| Total liabilities | $179,546 |
| Net assets without donor restrictions | $465,285 |
| Net assets with donor restrictions | $70,762 |
| 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 | $715,593 |
Grants Awarded
Over the last fiscal year, Kyle Pease Foundation Inc has awarded $22,983 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
GIGI'S PLAYHOUSE OF ATLANTA PURPOSE: GENERAL SUPPORT | $7,661 |
EXCEPTIONAL FOUNDATION OF ATLANTA PURPOSE: GENERAL SUPPORT | $7,661 |
DOWN SYNDROME ASSOCIATION OF ATLANTA PURPOSE: GENERAL SUPPORT | $7,661 |