The Peak School Inc
- Assets
- $815.4k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 25
- Location
- Flagstaff, AZ
- Founding
- 09/2003
- Data as of
- 06/2021
- EIN
- 86-1004802
Organization Overview
The Peak School Inc is located in Flagstaff, AZ. The organization was established in 2003. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, Peak School Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peak School 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 06/2021, Peak School Inc generated $1.5m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $1.4m during the year ending 06/2021. 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
EDUCATION FOR CHILDREN
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL OPERATES IN THE STATE OF ARIZONA AS A CHARTER SCHOOL. IN THE 2020 - 2021 SCHOOL YEAR THE SCHOOL PROVIDED K - 8TH GRADE EDUCATION TO STUDENTS IN FLAGSTAFF, ARIZONA.
THE SCHOOL OPERATES IN THE STATE OF ARIZONA AS A CHARTER SCHOOL. IN THE 2020 - 2021 SCHOOL YEAR THE SCHOOL PROVIDED K - 8TH GRADE EDUCATION TO STUDENTS IN FLAGSTAFF, ARIZONA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paula Drossman President CEO | OfficerTrustee | 40 | $136,238 |
Ronald Drossman Secretary | OfficerTrustee | 40 | $104,126 |
Jarrod Butler Other Officer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $638,758 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,239 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $643,997 |
| Total Program Service Revenue | $882,269 |
| Investment income | $765 |
| 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 | $1,527,031 |
| 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 | $0 |
| Other salaries and wages | $814,306 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $124,878 |
| Advertising and promotion | $0 |
| Office expenses | $4,320 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $144,121 |
| Travel | $448 |
| 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 | $2,244 |
| Insurance | $12,973 |
| All other expenses | $0 |
| Total functional expenses | $1,440,607 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $344,684 |
| Savings and temporary cash investments | $421,554 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $46,676 |
| 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 | $2,499 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $815,413 |
| Accounts payable and accrued expenses | $100,693 |
| 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 | $100,693 |
| Net assets without donor restrictions | $714,720 |
| 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 | $815,413 |
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