Peak Education

Organization Overview

Peak Education is located in Colorado Springs, CO. The organization was established in 1999. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, Peak Education employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peak Education 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 06/2022, Peak Education generated $532.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $739.5k during the year ending 06/2022. While expenses have increased by 15.0% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PEAK EDUCATION DISRUPTS THE STATUS QUO BY CLOSING OPPORTUNITY GAPS IN OUR COMMUNITY. WE BELIEVE THAT EVERY STUDENT DESERVES TO REACH FOR THEIR FULL POTENTIAL AND THAT ALL WILLING LEARNERS ARE CAPABLE OF DOING SO.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PEAK EDUCATION PROVIDES LONG TERM SUPPORT FOR YOUTH FROM LOW INCOME BACKGROUNDS AND THEIR FAMILIES. WE WORK TO ENSURE THAT OPPORTUNITY GAPS DO NOT PREVENT STUDENTS FROM REACHING THEIR FULL EDUCATIONAL AND CAREER POTENTIAL.


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Board, Officers & Key Employees

Name (title)Compensation
L Carlos Jimenez
CEO
$103,733
Cassie Gannett
President
$0
Rick Gillit
Treasurer
$0
Todd Matia
Vice President
$0
Rick Mueller
Secretary
$0
Carrie Mckee
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$35,000
Membership dues$0
Fundraising events$22,503
Related organizations$0
Government grants $1,786
All other contributions, gifts, grants, and similar amounts not included above$384,885
Noncash contributions included in lines 1a–1f $9,921
Total Revenue from Contributions, Gifts, Grants & Similar$444,174
Total Program Service Revenue$87,825
Investment income $213
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $532,212

Grants Recieved

Over the last fiscal year, we have identified 14 grants that Peak Education has recieved totaling $360,696.

Awarding OrganizationAmount
Katalytic Foundation Inc

Vienna, VA

PURPOSE: TO SUPPORT EDUCATION

$100,000
$50,000
John E And Margaret L Lane Foundation

Colorado Springs, CO

PURPOSE: GENERAL FUND

$50,000
Dusty And Katherine Loo Foundation

Colorado Springs, CO

PURPOSE: REACHING NEW HEIGHTS: INCREASING EDUCATION EQUITY, ACCESS AND ATTAINMENT

$50,000
Pikes Peak Community Foundation

Colorado Springs, CO

PURPOSE: EDUCATION

$30,000
Pikes Peak United Way

Colorado Springs, CO

PURPOSE: Support the Charitable Purpose of the Organization

$20,696
View Grant Recipient Profile

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