PIKES PEAK EDUCATIONAL FOUNDATION

EIN: 262843395 501(c)(3) Education

COLORADO SPRINGS, CO

Total Revenue
$172,154
Total Expenses
$10,179
Total Assets
$359,152
Net Assets
$359,152
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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
CO
Principal Officer
SUSAN PATTEE
Phone
7193891249
Tax Period
2023-01-01 to 2023-12-31

PIKES PEAK EDUCATIONAL FOUNDATION, founded in 2008, is a small nonprofit in the Education sector that reported $172K in total revenue in fiscal year 2023. Revenue surged 6456% from the prior year, signaling strong growth momentum. The organization ran a surplus of $162K, a strong 94% operating margin.

Mission

TO RAISE FUNDS AND ACQUIRE ASSETS, BOTH REAL AND PERSONAL, AND TO PRESERVE AND INVEST SAME IN ORDER TO PROVIDE FINANCIAL ASSISTANCE TO PEAK EDUCATION, A COLORADO NONPROFIT CORPORATION FOR PURSUIT OF ITS CHARITABLE, LITERARY AND EDUCATIONAL PURPOSES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $165,000
Program Service Revenue $0
Investment Income $7,154
Other Revenue $0
TOTAL REVENUE $172,154

Expense Breakdown

Grants Paid $8,604
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $9,392
Other Expenses $1,575
TOTAL EXPENSES $10,179

Year-over-Year Comparison

2023 2022 Change
Revenue $172,154 $2,626 +64.6%
Expenses $10,179 $13,500 -0.2%
Net Income $161,975 $-10,874 -15.9%
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
7
Independent Members
7
Employees
N/A
Volunteers
7

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
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THAYER TUTT TREASURER/VICE PRESIDENT 0.15
Officer Director
$0 $0 $0
BETSY SOBRAL DIRECTOR 0.15
Director
$0 $0 $0
SUSAN PATTEE PRESIDENT 0.15
Officer Director
$0 $0 $0
MIKE EDMONDS DIRECTOR 0.15
Director
$0 $0 $0
CASSIE GANNETT DIRECTOR 0.15
Director
$0 $0 $0
RICK GILLIT DIRECTOR 0.15
Director
$0 $0 $0
JOE WOODFORD SECRETARY 0.15
Officer 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
2023 $172,154 $10,179 $359,152 $161,975
2022 $2,626 $13,500 $158,813 $-10,874
2021 $13,808 $5,500 $238,444 $8,308
2020 $5,878 $2,350 $224,235 $3,528
2019 $19,195 $15,134 $219,126 $4,061
2018 $18,000 $86,000 $183,196 $-68,000
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