Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in Sep 2003.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
74 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Who runs it and what they're paid
3 people listed on the 990; $316K paid to officers and key staff.
Ronald Drossman’s $201K as Secretary is at the 98th percentile of top reported officer pay among 146 <$100K education 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 · 2 named individuals · Part VII
| Name | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|
| Ronald Drossman | $201,267 | $104,120 | $104,126 | $20,246 |
| Paula Drossman | $114,968 | $126,475 | $136,238 | $104,857 |
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 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
The Peak School INC is an education nonprofit based in Queen Creek, AZ.
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The School operated in the State of Arizona as a Charter School. In the 2021 - 2022 school year the School provided K - 8th grade education to students in Flagstaff, Arizona. After the 2021 - 2022 school year the school was no longer in operation.
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By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $499K | $180K |
| Total assetsLn 16 | $758K | $180K |
| LiabilitiesLn 26 | $26K | $4K |
| Net assetsLn 32 | $732K | $176K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $522K | $391K | $130K | |
| Other employee benefitsLn 9 | $56K | $42K | $14K | |
| Legal feesLn 11b | $3K | $3K | ||
| Accounting feesLn 11c | $9K | $9K | ||
| Other fees for servicesLn 11g | $7K | $5K | $2K | |
| Other expenses (24a–d)Ln 24 | $25K | $19K | $6K | |
| Total functional expensesLn 25 | $622K | $458K | $164K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2023 Latest Viewing | $66K | $622K | −$556K | $176K | 990 PDF |
| FY2022 | $1.4M | $1.4M | $17K | $732K | 990 PDF |
| FY2021 | $1.5M | $1.4M | $86K | $715K | 990 PDF |
| FY2020 | $1.4M | $1.6M | −$167K | $628K | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $65,820 across 5 lines filed
Part IX · Statement of functional expenses $621,533 across 6 lines filed
Part X · Balance sheet $180,382 assets, 8 lines filed
Part XI · Reconciliation of net assets $176,465 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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