2024-05-06T18:31:32-05:00 2023-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2023-01-01 743158155 PEAK GRANTMAKING INC PEAK 8884661996 1701 PENNSYLVANIA AVE NW 200 WASHINGTON DC 20006 DOLORES ESTRADA CHIEF OPERATING OFFICER 8884661996 2024-05-06 1 DOLORES ESTRADA 999009999 1 EVA MRUK P00543254 2122862600 2024-05-06 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z SATONYA FAIR JD 1701 PENNSYLVANIA AVE NW 200 WASHINGTON DC 20006 4993355 0 X PEAKGRANTMAKING.ORG X 2005 DE TRANSFORMING PHILANTHROPY BY OPERATIONALIZING EQUITY-CENTERED, VALUES-DRIVEN GRANTMAKING. 17 17 23 386 0 0 3350330 1683289 913297 1961478 27736 150396 2614 4372 4293977 3799535 0 125000 0 0 2028549 2922813 0 0 148242 1432447 3766342 3460996 6814155 832981 -3014620 5927282 3645316 477343 1166097 5449939 2479219 TRANSFORMING PHILANTHROPY BY ELEVATING THE FIELD OF GRANTS MANAGEMENT AND EMPOWERING GRANTS MANAGEMENT PROFESSIONALS TO LEAD THE WAY IN OPERATIONALIZING EQUITY-CENTERED, VALUES-DRIVEN GRANTMAKING PRACTICES. 0 0 3215532 125000 1563858 PROGRAMS: PEAK GRANTMAKING'S KNOWLEDGE AND LEARNING INITIATIVES SUPPORT OUR MEMBERS IN ADOPTING AND CHAMPIONING EQUITABLE PRACTICES IN THEIR ORGANIZATIONS AND ACROSS THE PHILANTHROPIC SECTOR.PEAK'S FIVE PRINCIPLES FOR PEAK GRANTMAKING ARE OUR CALL TO ACTION TO TRANSFORM THE PRACTICE OF PHILANTHROPY INTO THE PRACTICE OF PRINCIPLED GRANTMAKING. IN 2023, PEAK SUPPORTED MEMBERS IN ADVANCING PRACTICE CHANGE WITH OPPORTUNITIES FOR EMERGENT LEARNING AND PEER CONNECTION ACROSS 102 EVENTS WITH 7,376 PARTICIPANTS. 14 REGIONAL CHAPTERS HELD 79 MEETINGS ENGAGING 4,251 PARTICIPANTS. 1,810 MEMBERS JOINED ONE OR MORE CAUCUSES AND AFFINITY GROUPS. 1,203 MEMBERS ATTENDED OUR ANNUAL CONVENING. 945998 0 397620 MEMBER ENGAGEMENT: PEAK GRANTMAKING BUILDS AND GROWS THE PROFESSION OF GRANTMAKING BY ATTRACTING AND RETAINING MEMBERS WHO ADVANCE EQUITABLE PRACTICES IN THEIR ORGANIZATIONS AND ADVOCATE FOR SECTOR CHANGE.IN 2023, OUR NETWORK GREW BY 13% TO 8,016 PHILANTHROPY PROFESSIONALS. INSTITUTIONAL MEMBERSHIP INCREASED BY 5% TO 557 CONTRIBUTING ORGANIZATIONS WITH A 92% RETENTION RATE. BENEFITS OF MEMBERSHIP INCLUDE A GROWING SUITE OF RESOURCES, TOOLS, PUBLICATIONS, PROGRAMS, EVENTS, AND ONGOING MEMBER SUPPORT. IN 2023, WE RECRUITED AND TRAINED A RECORD 366 VOLUNTEERS. 4161530 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 29 0 23 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X X EUN WOO PARK MARCUM LLP 2028225000 1899 L ST NW SUITE 850 WASHINGTON DC 20036 IFY MORA CO-CHAIR EFF APRIL 2023/DIRECTOR THRU APRIL 2023 2.00 X X 0 0 0 MIYESHA PERRY CO-CHAIR 2.00 X X 0 0 0 ALLISON GISTER CO-CHAIR 2.00 X X 0 0 0 EUSEBIO DIAZ SECRETARY EFF DEC 2023/DIRECTOR THRU DEC 2023 2.00 X X 0 0 0 JANE WARD DIRECTOR/SECRETARY THRU DEC 2023 1.00 X X 0 0 0 ELSA CHIN TREASURER 2.00 X X 0 0 0 JOSHUA ABEL DIRECTOR 1.00 X 0 0 0 KEVIN BOLDUC DIRECTOR 1.00 X 0 0 0 JANET CAMARENA DIRECTOR 1.00 X 0 0 0 STEVEN CASEY DIRECTOR 1.00 X 0 0 0 JANET DISLA DIRECTOR 1.00 X 0 0 0 TIAUNA GEORGE DIRECTOR 1.00 X 0 0 0 THERESA JACKSON DIRECTOR 1.00 X 0 0 0 ROLAND KENNEDY JR DIRECTOR 1.00 X 0 0 0 TERESITA MAZ DIRECTOR 1.00 X 0 0 0 JUSTINE PALACIOS DIRECTOR 1.00 X 0 0 0 KELLI ROJAS DIRECTOR 1.00 X 0 0 0 ADAM SANDERS DIRECTOR 1.00 X 0 0 0 TIM ROBINSON DIRECTOR 1.00 X 0 0 0 KYRSTIN THORSON ROGERS DIRECTOR 1.00 X 0 0 0 SATONYA FAIR PRESIDENT AND CHIEF EXECUTIVE OFFICER 40.00 X 260967 0 30015 DOLORES ESTRADA CHIEF OPERATING OFFICER 40.00 X 212830 0 21929 BETSY F REID SENIOR COMMUNICATIONS DIRECTOR 40.00 X 153562 0 27314 LITA PARDI KNOWLEDGE AND LEARNING DIRECTOR 40.00 X 131475 0 20490 DAVIS PARCHMENT PARTNERSHIP DIRECTOR 40.00 X 126322 0 30056 SARA RICHMAN SANDERS MEMBERSHIP DIRECTOR 40.00 X 139207 0 6043 CAROLYN SOSNOWSKI SENIOR OPERATIONS MANAGER 40.00 X 133016 0 5493 1157379 0 141340 11 0 1 0 NIMBLEUSER-AR 9620 EXECUTIVE CENTER DRIVE NORTH ST PETERSBURG FL 33702 IMPLEMENTATION SERVICES 245585 DELCOR TECHNOLOGY SOLUTIONS 8380 COLESVILLE ROAD 550 SILVER SPRING MD 20910 TECHNOLOGY SERVICES 170451 MARCUM LLP 1899 L STREET NW STE 850 WASHINGTON DC 20036 ACCOUNTING SERVICES 163368 LACIRE 714 WEST VIEW TERRACE ALEXANDRIA VA 22301 HR SERVICES 141342 MARVA LEWIS-MCKNIGHT (MLM) CONSULTING 1270 OXFORD DRIVE SOUTHEAST CONYERS GA 30013 EVENT MANAGEMENT 134848 6 1294530 388759 1683289 REGISTRATION FEES 561499 975805 975805 MEMBERSHIP DUES 561499 397620 397620 ANNUAL CONFERENCE 561499 330000 330000 CONFERENCE EXHIBITORS 561499 98001 98001 ADVOCACY AND PARTNERSHIPS 561499 92502 92502 67550 67550 1961478 37778 37778 1306438 1193820 112618 112618 112618 45 0 45 45 OTHER INCOME 561499 4327 4327 4327 3799535 1961478 0 154768 X 125000 125000 510378 311528 119643 79207 1867755 1355989 468335 43431 61947 43520 15329 3098 304281 216967 75803 11511 178452 125368 44159 8925 181018 181018 826824 485573 341251 146217 86244 59973 138367 28335 108337 1695 1066513 473848 592305 360 12839 12839 233628 72176 161452 840664 808674 31990 20942 20942 60424 15447 44962 15 PROF. DEVELOPMENT 219888 5295 214593 MISCELLANEOUS 13379 3100 10279 RECRUITMENT 5639 4466 1173 6814155 4161530 2504383 148242 3742161 1431132 502557 503311 253000 81250 91000 100818 131464 77606 226707 207374 36117 19333 1167883 1361266 3100 70600 5927282 3645316 117743 349417 322100 779180 37500 37500 477343 1166097 X 4567938 1894051 882001 585168 5449939 2479219 5927282 3645316 -3014620 43900 0 X X 0 1 X 1 0 X 1221104 1738029 5302823 3350330 1683289 13295575 1221104 1738029 5302823 3350330 1683289 13295575 760832 12534743 26153 25447 19876 27736 37778 136990 10323 30385 3558 2569 4327 51162 13483727 5851546 0.92960 0.92690 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 280. 2020 AMOUNT: $ 1,283. 2021 AMOUNT: $ 3,558. 2022 AMOUNT: $ 2,569. 2023 AMOUNT: $ 4,327. DISCOUNT - 2019 AMOUNT: $ 10,043. 2020 AMOUNT: $ 856. INSURANCE PROCEEDS - 2020 AMOUNT: $ 28,246. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 94560 75227 19333 132147 132147 0 19333 REFUNDABLE ADVANCES 37500 37500 X 3862284 43900 18849 62749 3799535 0 3799535 6833004 18849 18849 6814155 0 6814155 PART X, LINE 2: PEAK GRANTMAKING RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT PEAK GRANTMAKING HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. PEAK GRANTMAKING IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR THE PERIODS PRIOR TO 2020. 1 BOWIE STATE UNIVERSITY PO BOX 939 BOWIE MD 20718 520952758 501(C)(3) 125000 0 TO SUPPORT BSU PHILANTHROPY FELLOWSHIP PROGRAM 1 0 PART I, LINE 2: THE ORGANIZATION ENTERED INTO AN AGREEMENT WITH BOWIE STATE UNIVERSITY (BSU) TO SUPPORT BSU'S PHILANTHROPY FELLOWSHIP PROGRAM. THE AGREEMENT DESCRIBES THAT THE ORGANIZATION WILL PROVIDE A CLEAR FRAMEWORK FOR SUPERVISION OF THE FELLOW. PEAK WILL EXPLAIN WHO WILL SUPERVISE THE FELLOW AND IDENTIFY ALL THE POSSIBLE PEOPLE THAT MAY GIVE THE FELLOW ASSIGNMENTS. THE FELLOW AND BSU WILL BE RESPONSIBLE FOR SECURING AND COMPLETING ANY NECESSARY FORMS RELATED TO ANY WORK AUTHORIZATIONS NEEDED TO ENGAGE THE FELLOW AND FOR THE FELLOWSHIP TO BE COMPLETED. X X X X 0 0 0 0 0 0 0 1 0 SATONYA FAIR PRESIDENT AND CHIEF EXECUTIVE OFFICER 260967 0 0 0 0 0 10487 0 19528 0 290982 0 0 0 DOLORES ESTRADA CHIEF OPERATING OFFICER 211447 0 1383 0 0 0 6376 0 15553 0 234759 0 0 0 BETSY F REID SENIOR COMMUNICATIONS DIRECTOR 152264 0 1298 0 0 0 6128 0 21186 0 180876 0 0 0 DAVIS PARCHMENT PARTNERSHIP DIRECTOR 125000 0 1322 0 0 0 4040 0 26016 0 156378 0 0 0 LITA PARDI KNOWLEDGE AND LEARNING DIRECTOR 129294 0 2181 0 0 0 0 0 20490 0 151965 0 0 0 PART I, LINE 7 THE INDIVIDUALS REPORTED IN PART II EACH RECEIVED A DISCRETIONARY BONUS DURING CALENDAR YEAR 2023 WHICH WAS INCLUDED IN THEIR TAXABLE COMPENSATION. THE BONUS AMOUNTS ARE REPORTED IN PART II, COLUMN B(II). FORM 990, PART I, QUESTION 5, AND PART V, QUESTION 2A THE ORGANIZATION CONTRACTED WITH A PROFESSIONAL EMPLOYER ORGANIZATION (PEO) FOR SERVICES, INCLUDING BUT NOT LIMITED TO, PAYROLL, TIMEKEEPING, EMPLOYEE BENEFITS, HR ADMINISTRATION AND WORKFORCE REGULATORY COMPLIANCE NEEDS. AS THE EMPLOYER OF RECORD FOR TAX PURPOSES, FORMS W-2 AND W-3 ARE ISSUED BY THE PEO AND FILED UNDER THE PEO'S FEDERAL EIN. IN THIS CO-EMPLOYMENT ARRANGEMENT, THE ORGANIZATION IS THE COMMON LAW EMPLOYER AND, ACCORDINGLY, COMPENSATION IS REPORTED ON FORM 990, PART VII, SECTION A AND PART IX, LINES 5-10. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS A SINGLE CLASS OF VOTING MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S MEMBERS HAVE THE RIGHT TO ELECT THE ORGANIZATION'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF DIRECTORS OF THE CORPORATION HAS THE AUTHORITY TO AMEND OR REPEAL THE CORPORATION'S BYLAWS WITHOUT APPROVAL OF THE CORPORATION'S MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. IT IS REVIEWED BY THE CHIEF OPERATING OFFICER AND PRESENTED TO THE FINANCE AND AUDIT COMMITTEES OF THE BOARD FOR REVIEW. A COMPLETE COPY OF THE RETURN IS PROVIDED TO ALL MEMBERS OF THE ORGANIZATION'S GOVERNING BODY FOR THEIR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY WHICH APPLIES TO DIRECTORS, OFFICERS, AND EMPLOYEES (INTERESTED PERSONS). SUCH PERSONS, IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, MUST DISCLOSE ALL MATERIAL FACTS TO BOARD MEMBERS AND MEMBERS OF COMMITTEES WITH POWERS DELEGATED BY THE BOARD TO CONSIDER THE PROPOSED TRANSACTION OR ARRANGEMENT. AN INTERESTED PERSON WHO IS IN DOUBT AS TO THE EXISTENCE OF A CONFLICT OF INTEREST IS REQUESTED TO DISCLOSE ALL FACTS PERTAINING TO THE TRANSACTION OR ARRANGEMENT BEFORE UNDERTAKING THE TRANSACTION OR ARRANGEMENT OR MAKING ANY DECISION IN THE MATTER. IT IS THE RESPONSIBILITY OF THE BOARD, OR A DELEGATED COMMITEE THEREOF, TO DETERMINE WHETHER A POSSIBLE CONFLICT OF INTEREST IS IN FACT A CONFLICT, AS WELL AS TO REVIEW THE PROPOSED TRANSACTION OR ARRANGEMENT. THE INTERESTED PERSON IS NOT PERMITTED TO VOTE ON WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S PROCESS FOR DETERMINING THE COMPENSATION OF THE PRESIDENT AND CEO AND THE CHIEF OPERATING OFFICER USES BENCHMARKNG DATA FROM COMPENSATION SURVEYS/STUDIES, AND FORM 990S OF PEER ORGANIZATIONS. THEIR COMPENSATION IS THEN APPROVED BY THE ORGANIZATION'S EXECUTIVE COMMITTEE AFTER CONVERSATION AND REVIEW OF COMPARABLE DATA. DECISIONS ARE INTERNALLY DOCUMENTED BY THE ORGANIZATION. THE PROCESS LAST OCCURRED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990, FINANCIAL STATEMENTS, AND CONFLICTS OF INTEREST POLICY AVAILABLE TO THE PUBLIC BY POSTING ON THEIR WEBSITE. THESE DOCUMENTS, AS WELL AS THE ORGANIZATION'S BYLAWS, ARE ALSO AVAILABLE UPON REQUEST TO THE ORGANIZATION. FORM 990, PART IX, LINE 11G GRAPHIC DESIGN: PROGRAM SERVICE EXPENSES 84,071. MANAGEMENT AND GENERAL EXPENSES 58,462. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 142,533. HR SERVICES: PROGRAM SERVICE EXPENSES 172,101. MANAGEMENT AND GENERAL EXPENSES 119,676. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 291,777. EVENT MANAGEMENT: PROGRAM SERVICE EXPENSES 79,731. MANAGEMENT AND GENERAL EXPENSES 55,444. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 135,175. CONSULTANTS: PROGRAM SERVICE EXPENSES 83,683. MANAGEMENT AND GENERAL EXPENSES 61,783. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 145,466. COMMUNICATIONS: PROGRAM SERVICE EXPENSES 55,182. MANAGEMENT AND GENERAL EXPENSES 38,372. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 93,554. GLOBAL MARKET DEVELOPMENT CONSULTING: PROGRAM SERVICE EXPENSES 10,805. MANAGEMENT AND GENERAL EXPENSES 7,514. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,319. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS AN AUDIT COMMITTEE WHICH IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.