Logo for "THE PEER POWER FOUNDATION INC"

THE PEER POWER FOUNDATION INC

THE PEER POWER FOUNDATION INC

MEMPHIS, TN, US
501(c)(3)
EIN
20-2069907
Logo for "THE PEER POWER FOUNDATION INC"

THE PEER POWER FOUNDATION INC

MEMPHIS, TN, US
501(c)(3)
EIN
20-2069907

Overview

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Est.

2005

Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
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The Peer Power Foundation Inc, EIN 20-2069907, is a nonprofit organization dedicated to providing evidence-based high-quality tutoring and mentoring, as well as workforce development and youth employment services. With an operating budget of $4.4 million and total revenue of $4 million for the fiscal year 2024, the organization is supported by a diverse range of funders, none of which contribute more than 50% of its revenue. For more information, visit their website at peerpowerfoundation.org.

Mission Statement

EVIDENCE BASED HIGH-QUALITY TUTORING & MENTORING, WORKFORCE DEVELOPMENT & YOUTH EMPLOYMENT.
Revenues

$4M

Expenses

$4.4M

Net Income:
-$373.6K
Assets

$1.1M

Liabilities

$464.5K

Net Assets:
+$678.4K
Operating Budget

$4.4M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

8

Median grant size
$12.5K
Largest grant received
$380.5K
W
William Sehnert
Board Member
C
Cortney Richardson
Board Member
J
Jim Barton
Board Member

Frequently Asked Questions

What is THE PEER POWER FOUNDATION INC’s budget?
In 2024, THE PEER POWER FOUNDATION INC reported an annual operating budget of around $4.4 million. More detailed financial information is available to registered users.
What causes does THE PEER POWER FOUNDATION INC support?
THE PEER POWER FOUNDATION INC supports work in Education services.
Where does THE PEER POWER FOUNDATION INC operate?
THE PEER POWER FOUNDATION INC is headquartered in MEMPHIS, TN.
Who funded THE PEER POWER FOUNDATION INC recently?
In 2025, THE PEER POWER FOUNDATION INC received grants from AMERICAN ONLINE GIVING FOUNDATION INC, COMMUNITY FOUNDATION OF GREATER MEMPHIS INC, and GOODLETT FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant THE PEER POWER FOUNDATION INC received in 2024?
The largest grant to THE PEER POWER FOUNDATION INC in 2024 exceeds $381 thousand.
What is THE PEER POWER FOUNDATION INC’s reliance on government grants?
THE PEER POWER FOUNDATION INC relied on government grants for more than 35% of their total revenue in 2024.
Overview
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