Overview

Sign up for

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Penultimate Development is a nonprofit organization dedicated to improving the lives of at-risk youth through leadership training. With an operating budget of $148.7K and total revenue of $105.1K for the filing year 2024, the organization benefits from diverse funding sources, with no single funder providing 50% or more of its revenue. For more information, visit their website at www.penultimatedevelopment.org.

Mission Statement

To improve the lives of at-risk youth through leadership training.
Revenues
$105.1K
Expenses
$148.7K
Net Income:
-$43.5K
Assets
$69.1K
Liabilities
$20.4K
Net Assets:
+$48.7K
Operating Budget
$148.7K
Operating Budget by Year

Due Diligence

Are you a grantmaker?
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
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
plg-image
plg-image
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Total No. of Grants
2
Median grant size
$20K
Largest grant received
$25K
R
Ralph Silvan
Board Member
R
Ryan McGrew
Board Member
T
Troy Smith
Board Member

Frequently Asked Questions

What is Penultimate Development’s budget?
In 2024, Penultimate Development reported an annual operating budget of around $149 thousand. More detailed financial information is available to registered users.
What causes does Penultimate Development support?
Penultimate Development supports work in Personal services.
Where does Penultimate Development operate?
Penultimate Development is headquartered in Jefferson City, TN.
Who funded Penultimate Development recently?
In 2025, Penultimate Development received grants from UNITED WAY OF GREATER KNOXVILLEINC, EAST TENNESSEE FOUNDATION, and THE THOMPSON CHARITABLE FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant Penultimate Development received in 2024?
The largest grant to Penultimate Development in 2024 exceeds $25 thousand.