Kyle Pease Foundation Inc
- Assets
- $679.1k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 5
- Location
- Atlanta, GA
- Founding
- 06/2011
- Data as of
- 12/2021
- 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 12/2021, Kyle Pease Foundation Inc employed 5 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 12/2021, Kyle Pease Foundation Inc generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.6% each year . All expenses for the organization totaled $848.9k during the year ending 12/2021. While expenses have increased by 23.7% 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
2021
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
2021 SAW KPF RETURN TO NEARLY FULL OPERATIONS COMING OUT OF COVID. SPONSORING 72 TEAMS FOR A GRAND TOTAL OF 240 PEOPLE RACING FOR INCLUSION. TOGETHER OUR ATHLETES AND VOLUNTEERS CROSSED OVER 800 FINISH LINES. KPF CONTINUED TO SUPPORT OUR ATHLETE ASSISTANCE FUND AND THE BETHANY RUTLEDGE COURAGE AWARD. KPF'S BROKEN WHEEL AWARD WAS RENAMED THE LUCYE CAPLAN BROKEN WHEEL AWARD. THE JAKE GOLF TOURNAMENT, WHICH FUNDS THE JAKE VINSON FAMILY GRANT, WAS A SOLD-OUT EVENT, RECORDING A RECORD AMOUNT OF FUNDS RAISED. THROUGHOUT THE YEAR, KPF FOUND WAYS TO CONNECT VIRTUALLY UNTIL IN THE 4TH QUARTER AND KPF FOUND WAYS TO SAFELY GATHER IN-PERSON AND RETURNED TO RACING. AT THE END OF 2021 KPF EMPLOYED THREE INDIVIDUALS WITH DISABILITIES FOR OUR INCLUSION EMPLOYMENT PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brent Pease Executive Director | OfficerTrustee | 40 | $103,770 |
Kyle Pease Director | Trustee | 4 | $20,300 |
Marnie Harris Chairman | OfficerTrustee | 4 | $0 |
Joe Guttenplan Treasurer | OfficerTrustee | 4 | $0 |
Steve Barth Director | Trustee | 4 | $0 |
Jeff Franz Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $29,671 |
| All other contributions, gifts, grants, and similar amounts not included above | $961,465 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $991,136 |
| Total Program Service Revenue | $0 |
| Investment income | $138 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $26,614 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,708 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,023,596 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $31,967 |
| Grants and other assistance to domestic individuals. | $27,606 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $124,070 |
| Compensation of current officers, directors, key employees. | $20,754 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $96,250 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $18,137 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,120 |
| Fees for services: Accounting | $10,223 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,971 |
| Advertising and promotion | $75,347 |
| Office expenses | $18,624 |
| Information technology | $3,947 |
| Royalties | $0 |
| Occupancy | $6,845 |
| Travel | $54,543 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,057 |
| Interest | $581 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $35,598 |
| Insurance | $23,008 |
| All other expenses | $6,426 |
| Total functional expenses | $848,937 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $309,631 |
| Savings and temporary cash investments | $283,153 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,727 |
| 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 | $79,991 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,627 |
| Total assets | $679,129 |
| Accounts payable and accrued expenses | $25,264 |
| 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 | $32,636 |
| Other liabilities | $0 |
| Total liabilities | $57,900 |
| Net assets without donor restrictions | $0 |
| 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 | $621,229 |
| Total liabilities and net assets/fund balances | $679,129 |
Grants Awarded
Over the last fiscal year, Kyle Pease Foundation Inc has awarded $22,983 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Atlanta, GA PURPOSE: GENERAL SUPPORT | $7,661 |
DOWN SYNDROME ASSOCIATION OF ATLANTA PURPOSE: GENERAL SUPPORT | $7,661 |
EXCEPTIONAL FOUNDATION OF ATLANTA PURPOSE: GENERAL SUPPORT | $7,661 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kyle Pease Foundation Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Coddon Family Foundation Nashville, TN PURPOSE: UNRESTRICTED GIFT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Virginia Bankers Association Group Benefits Trust Orlando, FL | $33,617,508 | $79,896,107 |
Lettie Pate Whitehead Foundation Inc Atlanta, GA | $545,577,272 | $201,098,940 |
Mitchell Wolfson Sr Foundation Miami, FL | $245,881,118 | $51,380,734 |
Sudco Inc & Affiliates Voluntary Empl Beneficiary Association Tr Jacksonville, FL | $1,629,809 | $12,527,671 |
Lucille S Beeson Charitable Remainder 66 1055001761 Birmingham, AL | $200,434,362 | $15,901,903 |
South Carolina Automobile Dealers Trust Columbia, SC | $615,773 | $12,853,378 |
Walter R Ferguson Charitable Foundation Charitable Foundation Fort Lauderdale, FL | $0 | $613,063 |
Willis And Reba Johnsons Foundation Franklin, TN | $17,058,167 | $2,077,347 |
Telford Foundation Inc Naples, FL | $77,208,801 | $5,161,589 |
John Rex Endowment Raleigh, NC | $72,005,406 | $10,264,844 |
Wanda And James M Moran Jr Foundation Inc Deerfield Beach, FL | $6,609,461 | $5,004,559 |
Yarim Foundation Boca Raton, FL | $1,467,226 | $2,520,229 |