Education of students - grades junior kindergarten through 8th.

501(c)(3) charity; gifts are tax-deductible.
61¢ of each $1 spent went to programs.
$129K 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

FY2023 · 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
2 of 4
filings with a surplus
Average surplus $249K a year · 7% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
61%
of spending
Worth a look: 61% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$129K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
11 mo
of spending, in cash
Looks good: 10.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $950
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$3.9M
75% of total assets
Worth a look: liabilities are 75% of assets; over 65%.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.4M
+423% vs prior year
Spent
$3.9M
To programs
61%
Net assets
$1.3M
By yearFY2020–FY2024
Revenue
$4.4M
FY2023▲ +423%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.7M
FY2021$2.5M
FY2021$837K
FY2023$4.4M
FY2023$4.3M
FY2024$4.5M
Expenses
$3.9M
FY2023▲ +634%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.9M
FY2021$2.8M
FY2021$532K
FY2023$3.9M
FY2023$4.4M
FY2024$4.5M
Net assets
$1.3M
FY2023▲ +320%
Tap a bar for its year
Net assets by fiscal year
FY2020$270K
FY2021$271
FY2021$306K
FY2023$1.3M
FY2023$1.2M
FY2024$1.1M

From the FY2023 Form 990 (year ending August 2023) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2023 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 Jul 1996.

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

Where the money goes

61 cents of each dollar spent went to programs.

Program services 61% · $2.4M Management & general 39% · $1.5M

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

Something off? Claim to add context

Who runs it and what they're paid

11 people listed on the 990; $129K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Head of School
$129,200Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Sam Adams’s $152K as Head of School is at the 65th percentile of top reported officer pay among 3395 $1–10M 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

NameFY2024FY2023FY2023FY2021FY2021FY2020
Sam Adams$152,500$129,200$129,200$97,783$95,078—
Paul Harrell—————$138,508

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.

See Seven Peaks School executive salaries →

On this list? Claim this org

Something off? Claim to add context

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 15aNo

Programs and updates

Educates students from junior kindergarten through eighth grade.

Questions for Seven Peaks School

Tap to ask. Seven Peaks School sees how many people are interested.

Your first name shows with your question. Seven Peaks School answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $2.4M · in their own filed words · FY2022
01

Education of Students

Grades junior kindergarten through 8TH.

$2.4Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$950

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$4.4M
Ln 12
Fees for servicesLn 2g$3.5M
Gifts and grantsLn 1h$524K
Other incomeLn 4–11$281K
Money outPt IX
$3.9M
Ln 25
Programscol B$2.4M
Managementcol C$1.5M
Owns and owesPt X
$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$3.5M
Total assetsLn 16$5.2M
LiabilitiesLn 26$3.9M
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$524K
Government grantsLn 1e$524K
Fees for servicesLn 2g$3.5M
Investment incomeLn 3$61K
Other incomeLn 4–11$281K
Total revenueLn 12$4.4M
Assets in detailPt X, end of year
CashLn 1$266K
SavingsLn 2$3.3M
Cash and savings togetherLn 1–2$3.5M
Land, buildings, equipmentLn 10c$180K
Other assetsLn 15$1.4M
Total assetsLn 16$5.2M
LiabilitiesLn 26$3.9M
Net assetsLn 32$1.3M
OperationsPt I, VI
EmployeesI 548
VolunteersI 6200
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$2.7M$3.5M
Land, buildings, equipmentLn 10c$184K$180K
Total assetsLn 16$3.0M$5.2M
LiabilitiesLn 26$2.3M$3.9M
Net assetsLn 32$737K$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$139K$139K
Other salaries and wagesLn 7$2.2M$1.8M$403K
Pension plan contributionsLn 8$63K$51K$12K
Other employee benefitsLn 9$268K$214K$54K
Payroll taxesLn 10$199K$153K$46K
Legal feesLn 11b$7K$7K
Accounting feesLn 11c$54K$54K
Advertising and promotionLn 12$35K$35K
Office expensesLn 13$3K$3K
Information technologyLn 14$126K$126K
OccupancyLn 16$370K$370K
Conferences, conventions and meetingsLn 19$14K$14K
Depreciation, depletion and amortizationLn 22$45K$42K$3K
InsuranceLn 23$46K$46K
Other expenses (24a–d)Ln 24$372K$149K$223K
All other expensesLn 24e$467$467
Total functional expensesLn 25$3.9M$2.4M$1.5M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $4.5M$4.5M−$32K$1.1M 990 PDF
FY2023 Viewing $4.4M$3.9M$477K$1.3M 990 PDF
FY2022 Not on file
FY2021 $2.5M$2.8M−$270K$271 990 PDF
FY2020 $3.7M$2.9M$821K$270K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $4,377,267 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $733,917$524,449
I-9 Program service revenuePrior year $3,311,100$3,510,860
I-10 Investment incomePrior year $735$60,751
I-11 Other revenuePrior year −$108,175$281,207
I-12 Total revenuePrior year $3,937,577$4,377,267
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $2,577,781$2,829,919
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $928,300$1,070,689
I-18 Total expensesPrior year $3,506,081$3,900,608
I-19 Revenue less expensesPrior year $431,496$476,659
Part VI · Governance 10 of 10 board members independent, 4 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $4,377,267 across 7 lines filed
VIII-1e Government grants$524,449
VIII-1h Total contributions, gifts and grants$524,449
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,510,860$3,510,860
VIII-3 Investment incomeExcluded from tax $60,751$60,751
VIII-8 Net income from fundraising eventsExcluded from tax $270,588$270,588
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $10,619$10,619
VIII-12 Total revenueRelated to mission $3,521,479 · Unrelated business $0 · Excluded from tax $331,339$4,377,267
Part IX · Statement of functional expenses $3,900,608 across 16 lines filed
IX-5 Pay of current officers, directors and key staffManagement $138,991$138,991
IX-7 Other salaries and wagesPrograms $1,757,511 · Management $403,090$2,160,601
IX-8 Pension plan contributionsPrograms $51,386 · Management $11,691$63,077
IX-9 Other employee benefitsPrograms $214,170 · Management $54,158$268,328
IX-10 Payroll taxesPrograms $152,958 · Management $45,964$198,922
IX-11b Legal feesManagement $6,890$6,890
IX-11c Accounting feesManagement $53,616$53,616
IX-12 Advertising and promotionManagement $34,505$34,505
IX-13 Office expensesManagement $2,536$2,536
IX-14 Information technologyManagement $126,049$126,049
IX-16 OccupancyManagement $370,139$370,139
IX-19 Conferences, conventions and meetingsManagement $13,515$13,515
IX-22 Depreciation, depletion and amortizationPrograms $42,058 · Management $2,606$44,664
IX-23 InsuranceManagement $45,819$45,819
IX-24 Other expenses (24a–d)Programs $149,469 · Management $223,020$372,489
IX-24e All other expensesManagement $467$467
IX-25 Total functional expensesPrograms $2,367,552 · Management $1,533,056 · Fundraising $0$3,900,608
Part X · Balance sheet $5,157,113 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $694,735$266,298
X-2 Savings and temporary cash investmentsStart of year $2,001,334$3,254,193
X-4 Accounts receivable$4,991
X-9 Prepaid expenses and deferred chargesStart of year $139,511$96,738
X-10c Land, buildings and equipment, netStart of year $184,331$180,146
X-15 Other assets$1,354,747
X-16 Total assetsStart of year $3,019,911$5,157,113
X-17 Accounts payable and accrued expensesStart of year $116,037$63,732
X-19 Deferred revenueStart of year $2,149,823$3,785,123
X-25 Other liabilitiesStart of year $16,768$22,889
X-26 Total liabilitiesStart of year $2,282,628$3,871,744
X-27 Net assets without donor restrictionsStart of year $737,283$1,285,369
X-32 Total net assets or fund balancesStart of year $737,283$1,285,369
X-33 Total liabilities and net assetsStart of year $3,019,911$5,157,113
Part XI · Reconciliation of net assets $1,285,369 net assets at year end
XI-1 Total revenue$4,377,267
XI-2 Total expenses$3,900,608
XI-3 Revenue less expenses$476,659
XI-4 Net assets at start of year$737,283
XI-8 Prior period adjustments$71,427
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,285,369

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.