Peavey Project Inc
- Assets
- $196.5k
- Revenue
- $296.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Richmond, VA
- Founding
- Data as of
- 07/2023
- EIN
- 87-1481908
Organization Overview
Peavey Project Inc is located in Richmond, VA. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. As of 07/2023, Peavey Project Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peavey Project 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 07/2023, Peavey Project Inc generated $296.1k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 71.2% each year . All expenses for the organization totaled $215.5k during the year ending 07/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TEACHING MINDFULNESS AS A TOOL TO ENHANCE PERSONAL HEALTH PERFORMANCE AND THE COMMUNITIES WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MINDFULNESS FOR HEALTH AND PERFORMANCEEVIDENCE-BASED AND RELATIONSHIP-CENTRIC, OUR FOUR-WEEK COURSE PROVIDES PARTICIPANTS WITH THE FOUNDATIONAL TOOLS TO DEVELOP THEIR OWN MINDFULNESS PRACTICE AS A TOOL FOR MENTAL HEALTH, ELEVATED PERFORMANCE AND ULTIMATELY AN EXPANDED CAPACITY TO POSITIVELY IMPACT OTHERS.
GROUP SESSIONSBUILDING ON THE RELATIONSHIPS FOUNDED IN OUR 1.0 AND 2.0 COURSES, THESE GROUP SESSIONS CAN BE AN INVALUABLE MEANS OF AFFIRMING ONE'S INDIVIDUAL MINDFULNESS PRACTICE, OR FURTHER EMBEDDING MINDFULNESS INTO YOUR ORGANIZATION'S CULTURE. WE WILL OFFER A CHECK IN PERIOD TO ANSWER ANY QUESTIONS, OFFER INSIGHTS, AS WELL AS, TAKE THE GROUP THROUGH A GUIDED MEDITATION. THESE SESSIONS USUALLY LAST 30 MINUTES BUT CAN BE CUSTOMIZED TO YOUR NEEDS.
INDIVIDUAL PRESENTATIONWE WILL ALIGN THE NEEDS OF YOUR TEAM WITH OUR MINDFULNESS CURRICULUM TO MAXIMIZE THE APPLICATION OF THIS SCIENTIFICALLY PROVEN PRACTICE WITHIN YOUR ORGANIZATION.
INDIVIDUAL SESSIONSTHROUGH SUMMIT EMOTIONAL HEALTH, WE OFFER INDIVIDUAL SESSIONS FOR CLIENTS INTERESTED IN DEVELOPING A MINDFULNESS PRACTICE AS A LIFE SKILL FOR STRESS MANAGEMENT, ENHANCED WELL-BEING AND PEAK PERFORMANCE. THROUGH FORMAL AND INFORMAL PRACTICES, WE PROVIDE AN INDIVIDUALIZED PLAN TO MEET EACH CLIENT'S NEEDS AND LIFE CIRCUMSTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Rusbuldt President Of Board | Trustee | 0 | $0 |
Mikey Thompson Vice President Of Board | Trustee | 0 | $0 |
Dr Cole Hawthorne Treasurer | Trustee | 0 | $0 |
Lindy Williams Secretary | Trustee | 0 | $0 |
Robin Reifsnider Creative Champion | Trustee | 0 | $0 |
Beth Fallon Solutions Champion | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $178,893 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $178,893 |
| Total Program Service Revenue | $89,725 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $20,002 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $296,114 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,051 |
| Grants and other assistance to domestic individuals. | $1,050 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $155,077 |
| Compensation of current officers, directors, key employees. | $26,363 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $2,889 |
| Other employee benefits | $0 |
| Payroll taxes | $12,353 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,848 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,123 |
| Office expenses | $0 |
| Information technology | $6,153 |
| Royalties | $0 |
| Occupancy | $1,200 |
| Travel | $3,266 |
| 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 | $3,152 |
| All other expenses | $4,256 |
| Total functional expenses | $215,540 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $196,439 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $100 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $196,539 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| 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 | $196,539 |
| Total liabilities and net assets/fund balances | $196,539 |