Peak Grantmaking INC FY2020 filing

Tax-deductible

Washington, DC501(c)(3)Foundations & GrantmakersEIN 74-3158155Revenue $2.6M in FY2020

On file with the IRSpeakgrantmaking.org1701 Pennsylvania Ave Nw Ste 200, 20006-5823 · Washington, DCTax-exempt since May 2006Publicly supported charity — 170(b)(1)(A)(vi)

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Transforming philanthropy by operationalizing equity-centered, values-driven Grantmaking.

501(c)(3) charity; gifts are tax-deductible.
69¢ of each $1 spent went to programs.
$286K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $113K a year · 3% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
69%
of spending
Fine: 69% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$286K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 6.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
77
named funders · $1.0M
Looks good: 77 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$634K
27% of total assets
Looks good: liabilities are 27% of assets; 50% or less.
Pt X · Ln 26
Independent board members
17
of 17 voting members
Looks good: 17 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.6M
Spent
$2.1M
To programs
69%
Net assets
$1.7M
By yearFY2020–FY2024
Revenue
$2.6M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$2.6M
FY2021$6.2M
FY2022$4.3M
FY2023$3.8M
FY2024$5.3M
Expenses
$2.1M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$2.1M
FY2021$3.3M
FY2022$3.5M
FY2023$6.8M
FY2024$7.1M
Net assets
$1.7M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.7M
FY2021$4.9M
FY2022$5.4M
FY2023$2.5M
FY2024$636K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2006.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

69 cents of each dollar spent went to programs.

Program services 69% · $1.4M Management & general 28% · $585K Fundraising 2% · $52K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

23 people listed on the 990; $286K paid to officers and key staff.

Part VII, Section A · reportable compensation
Chief Operating Officer
$179,763Pt VII · Sec A
Chief Executive Officer
$106,234Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Satonya Fair’s $283K as President and CEO is at the 94th percentile of top reported officer pay among 1690 $1–10M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Satonya Fair$283,209——$240,700$106,234
Satonya Fair President—$260,967$252,640——
Dolores Estrada$229,524$212,830$206,363$188,770$179,763
Betsy F Reid$175,385$153,562$136,424$119,147—
Sara Richman Sanders$160,554$139,207$128,690$113,294—
Maria Pardi$143,540————
Carolyn Sosnowski$128,709$133,016$103,933——
Clare Larson$131,510—$102,797——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowering equitable and values-driven grantmaking for transformative philanthropy.

Questions for Peak Grantmaking INC

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Provided by the organization

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2 programs · $1.4M · in their own filed words · FY2020
01

Programs

PEAK Grantmaking is helping our members move from conversation to action, by identifying and adopting equitable, effective grantmaking practices, transforming how grants get made. The Principles for Peak Grantmaking are our call to action to transform the practice of philanthropy into the practice of principled grantmaking.

$931Kprogram expense
02

Member Engagement

PEAK Grantmaking builds and grows the profession of grants management by attracting new members and by recruiting and training an expanded cadre of volunteers who will advance the practice of grants management in their organizations and regions.

$517Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 77 funders →
Grants paid · 1 grant · $125K · 2023–2023

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$2.6M
Ln 12
Gifts and grantsLn 1h$1.7M
Fees for servicesLn 2g$784K
Other incomeLn 4–11$32K
Money outPt IX
$2.1M
Ln 25
Programscol B$1.4M
Managementcol C$585K
Fundraisingcol D$52K
Owns and owesPt X
$1.7M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$2.4M
LiabilitiesLn 26$634K
PeoplePt VI, VII
23
listed · VII A
PaidVII A2
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.7M
Fees for servicesLn 2g$784K
Investment incomeLn 3$25K
Other incomeLn 4–11$32K
Total revenueLn 12$2.6M
Assets in detailPt X, end of year
CashLn 1$1.1M
SavingsLn 2$102K
Cash and savings togetherLn 1–2$1.2M
InvestmentsLn 11–13$1.0M
Land, buildings, equipmentLn 10c$3K
Other assetsLn 15$8K
Total assetsLn 16$2.4M
LiabilitiesLn 26$634K
Net assetsLn 32$1.7M
OperationsPt I, VI
EmployeesI 523
VolunteersI 6289
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$504K$1.2M
InvestmentsLn 11–13$1.1M$1.0M
Land, buildings, equipmentLn 10c$8K$3K
Total assetsLn 16$1.8M$2.4M
LiabilitiesLn 26$711K$634K
Net assetsLn 32$1.1M$1.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$302K$210K$82K$11K
Other salaries and wagesLn 7$747K$519K$202K$26K
Pension plan contributionsLn 8$21K$15K$6K$754
Other employee benefitsLn 9$89K$62K$24K$3K
Payroll taxesLn 10$74K$51K$20K$3K
Legal feesLn 11b$38K$38K
Accounting feesLn 11c$94K$94K
Other fees for servicesLn 11g$280K$202K$79K
Advertising and promotionLn 12$11K$10K$391
Office expensesLn 13$58K$30K$28K
Information technologyLn 14$114K$74K$39K
OccupancyLn 16$73K$73K
TravelLn 17$12K$5K$7K
Conferences, conventions and meetingsLn 19$7K$7K$244
Depreciation, depletion and amortizationLn 22$5K$1K$4K
InsuranceLn 23$126K$6K$120K
Other expenses (24a–d)Ln 24$33K$15K$19K
All other expensesLn 24e$378$241K−$249K$9K
Total functional expensesLn 25$2.1M$1.4M$585K$52K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $5.3M$7.1M−$1.8M$636K 990 PDF
FY2023 $3.8M$6.8M−$3.0M$2.5M 990 PDF
FY2022 $4.3M$3.5M$833K$5.4M 990 PDF
FY2021 $6.2M$3.3M$2.9M$4.9M 990 PDF
FY2020 Viewing $2.6M$2.1M$494K$1.7M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $2,579,589 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,221,104$1,738,029
I-9 Program service revenuePrior year $1,416,018$783,838
I-10 Investment incomePrior year $26,153$25,447
I-11 Other revenuePrior year $18,672$32,275
I-12 Total revenuePrior year $2,681,947$2,579,589
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,362,332$1,234,140
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,579,593$851,412
I-18 Total expensesPrior year $2,941,925$2,085,552
I-19 Revenue less expensesPrior year −$259,978$494,037
Part VI · Governance 17 of 17 board members independent, no flags
VI-1a Voting members of the governing body17
VI-1b Independent voting members17
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,579,589 across 6 lines filed
Lines not itemized here account for $1,890 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$1,738,029
VIII-1h Total contributions, gifts and grants$1,738,029
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $748,838 · Excluded from tax $35,000$783,838
VIII-3 Investment incomeExcluded from tax $25,447$25,447
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $30,385$30,385
VIII-12 Total revenueRelated to mission $750,728 · Unrelated business $0 · Excluded from tax $90,832$2,579,589
Part IX · Statement of functional expenses $2,085,552 across 18 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $209,886 · Management $81,750 · Fundraising $10,622$302,258
IX-7 Other salaries and wagesPrograms $518,981 · Management $202,143 · Fundraising $26,268$747,392
IX-8 Pension plan contributionsPrograms $14,901 · Management $5,804 · Fundraising $754$21,459
IX-9 Other employee benefitsPrograms $61,962 · Management $24,134 · Fundraising $3,136$89,232
IX-10 Payroll taxesPrograms $51,245 · Management $19,960 · Fundraising $2,594$73,799
IX-11b Legal feesManagement $37,550$37,550
IX-11c Accounting feesManagement $93,766$93,766
IX-11g Other fees for servicesPrograms $201,679 · Management $78,612$280,291
IX-12 Advertising and promotionPrograms $10,390 · Management $391$10,781
IX-13 Office expensesPrograms $29,622 · Management $28,048$57,670
IX-14 Information technologyPrograms $74,481 · Management $39,380$113,861
IX-16 OccupancyManagement $73,296$73,296
IX-17 TravelPrograms $5,489 · Management $6,830$12,319
IX-19 Conferences, conventions and meetingsPrograms $6,649 · Management $244$6,893
IX-22 Depreciation, depletion and amortizationPrograms $1,449 · Management $3,614$5,063
IX-23 InsurancePrograms $6,121 · Management $120,215$126,336
IX-24 Other expenses (24a–d)Programs $14,539 · Management $18,669$33,208
IX-24e All other expensesPrograms $240,817 · Management −$249,084 · Fundraising $8,645$378
IX-25 Total functional expensesPrograms $1,448,211 · Management $585,322 · Fundraising $52,019$2,085,552
Part X · Balance sheet $2,375,108 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $402,688$1,095,557
X-2 Savings and temporary cash investmentsStart of year $101,297$101,602
X-3 Pledges and grants receivableStart of year $211,000$25,000
X-9 Prepaid expenses and deferred chargesStart of year $47,474$94,321
X-10c Land, buildings and equipment, netStart of year $7,582$2,519
X-11 Publicly traded securitiesStart of year $1,052,104$1,047,863
X-15 Other assetsStart of year $9,746$8,246
X-16 Total assetsStart of year $1,831,891$2,375,108
X-17 Accounts payable and accrued expensesStart of year $81,056$52,791
X-19 Deferred revenueStart of year $630,087$391,442
X-24 Unsecured notes and loans payable$189,873
X-26 Total liabilitiesStart of year $711,143$634,106
X-27 Net assets without donor restrictionsStart of year $553,860$1,539,613
X-28 Net assets with donor restrictionsStart of year $566,888$201,389
X-32 Total net assets or fund balancesStart of year $1,120,748$1,741,002
X-33 Total liabilities and net assetsStart of year $1,831,891$2,375,108
Part XI · Reconciliation of net assets $1,741,002 net assets at year end
XI-1 Total revenue$2,579,589
XI-2 Total expenses$2,085,552
XI-3 Revenue less expenses$494,037
XI-4 Net assets at start of year$1,120,748
XI-5 Net unrealized gains (losses) on investments$126,217
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,741,002

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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