PEAK Adventure Ministries

EIN: 205638427 501(c)(3) Recreation & Sports

Greensboro, NC

Total Revenue
$13,623
Total Expenses
$11,221
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
NC
Principal Officer
Britt Lassiter
Phone
3365805311
Tax Period
2025-01-01 to 2025-12-31

PEAK Adventure Ministries, founded in 2008, is a micro nonprofit in the Recreation & Sports sector that reported $14K in total revenue in fiscal year 2025. Revenue fell 85% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $2K, a strong 18% operating margin.

Mission

Youth Leadership & Employment, religious instruction

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $100
Program Service Revenue $0
Investment Income $13,523
Other Revenue $0
TOTAL REVENUE $13,623

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $11,221
TOTAL EXPENSES $11,221

Year-over-Year Comparison

2025 2024 Change
Revenue $13,623 $93,513 -0.9%
Expenses $11,221 $173,838 -0.9%
Net Income $2,402 $-80,325 -1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
1
Volunteers
10

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Britt Lassiter Executive Director 40.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $13,623 $11,221 No data $2,402
2024 $93,513 $173,838 $5,033 $-80,325
2023 $223,350 $204,588 $85,017 $18,762
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