Peckham Community Partnership Foundation
- Assets
- $52.8m
- Revenue
- $7.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Lansing, MI
- Founding
- 08/2001
- Data as of
- 12/2021
- EIN
- 38-3546254
Organization Overview
Peckham Community Partnership Foundation is located in Lansing, MI. The organization was established in 2001. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Peckham Community Partnership Foundation 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, Peckham Community Partnership Foundation generated $7.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $3.9m during the year ending 12/2021. While expenses have increased by 14.8% 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
TO PROVIDE SUPPORT TO PECKHAM VOCATIONAL INDUSTRIES, INC., A 501(C)(3) ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES FUNDING FOR PROGRAMS AND SERVICES THAT ASSIST PECKHAM PROGRAM PARTICIPANTS TO MAXIMIZE THEIR OPPORTUNITIES FOR INCLUSION, ECONOMIC ADVANCEMENT, AND SELF-DETERMINATION. APPROXIMATELY 6,000 INDIVIDUALS BENEFITED FROM THESE PROGRAMS.
JOB PLACEMENT & RETENTION: THIS PROGRAM IS RESPONSIBLE FOR PROVIDING FOLLOW-UP SUPPORT TO PERSONS WHO ARE TERMINATED OR WHO APPLY AND ARE NOT HIRED AT PECKHAM, COLLECTING AND ANALYZING DATA ON THESE INDIVIDUALS, COORDINATING M.R.S. NON-PROGRAM PLACEMENT REFERRALS, WORKING WITH OUR COMMUNITY EMPLOYMENT TEAM TO ASSIST INTERESTED PECKHAM TEAM MEMBERS TO FIND COMMUNITY PLACEMENTS, AND REINSTATING OUR JOB CLUB/JOB READINESS CLASSES FOR NON-SPONSORED TEAM MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Colligan Secretary/treasurer | OfficerTrustee | 1 | $0 |
Rudy Hirt President | OfficerTrustee | 1 | $0 |
Stanley Kogut Director | Trustee | 1 | $0 |
David A Gift Director | Trustee | 1 | $0 |
Whitney Anderson-Harrell Director | Trustee | 1 | $0 |
Chris Wilson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $143,250 |
| Related organizations | $3,000,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $150,482 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,293,732 |
| Total Program Service Revenue | $0 |
| Investment income | $2,117,321 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,571,789 |
| Net Income from Fundraising Events | -$23,381 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,959,461 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,467,360 |
| 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 | $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 | $11,417 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $137,335 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $7,534 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $3,914,721 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $109,475 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $377,175 |
| 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 | $52,121,764 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $176,448 |
| Total assets | $52,784,862 |
| Accounts payable and accrued expenses | $51,500 |
| 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 | $51,500 |
| Net assets without donor restrictions | $45,556,187 |
| Net assets with donor restrictions | $7,177,175 |
| 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 | $52,784,862 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Peckham Community Partnership Foundation has recieved totaling $3,000,000.
| Awarding Organization | Amount |
|---|---|
Peckham Vocational Industries Inc Lansing, MI PURPOSE: TO PROVIDE FUNDS FOR PROGRAMS ADMINISTERED BY THE FOUNDATION FOR PECKHAM VOCATIONAL INDUSTRIES, INC. | $3,000,000 |
Endowment Analysis
| Beg. Balance | $6,800,000 |
| Earnings | $719,308 |
| Other Expense | $719,308 |
| Ending Balance | $6,800,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Strada Collaborative Inc Indianapolis, IN | $87,757,237 | $36,146,755 |
Accelerate Great Schools Cincinnati, OH | $48,959,993 | $4,700,984 |
Institute For Quality Education Inc Indianapolis, IN | $12,107,092 | $12,010,135 |
Chippewa Luce Macinac Comm Action Human Resource Auth Inc Sault Ste Marie, MI | $6,136,968 | $10,393,284 |
Lac Courte Oreilles Ojibwe School Hayward, WI | $14,755,136 | $9,679,407 |
Kappa Kappa Gamma Foundation Dublin, OH | $48,213,422 | $9,077,849 |
Horizon Science Academy Of Lorain Lorain, OH | $7,416,204 | $11,463,711 |
Lansing Christian School Lansing, MI | $7,908,099 | $6,549,219 |
Alliance Community Schools Inc Dayton, OH | $2,196,262 | $6,414,023 |
Jewish Community Center Association Of Indianapolis Incorporated Indianapolis, IN | $4,270,447 | $7,644,985 |
Wisconsin Center For Manufacturing And Productivity Inc Madison, WI | $1,793,408 | $5,861,220 |
Dugger Union Community Schools Dugger, IN | $4,720,303 | $6,347,033 |