Overview
What is Peak Grantmaking Inc?
Peak Grantmaking Inc, based in Washington D.C., is a nonprofit organization dedicated to promoting equitable and effective grantmaking practices within various philanthropic organizations. Their primary mission is to transform the philanthropic sector by operationalizing equity-centered, values-driven grantmaking. They achieve this through various programs, including workshops, regional meetings, and caucuses, engaging over 8,600 participants in 2022. With 16 employees, Peak Grantmaking Inc provides opportunities for emergent learning and peer connection, aiming to elevate the field of grants management and empower professionals to lead the way in implementing these practices.
Official website here: www.peakgrantmaking.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Peak Grantmaking Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and transparency in its operations. The organization excels in leadership and adaptability, scoring a perfect 100 in this area, while maintaining a fully independent board of 17 members. Strong financial oversight is reflected in their audit practices and the absence of any material diversion of assets.
The nonprofit also demonstrates robust community engagement and feedback mechanisms, with perfect scores for constituent feedback collection and usage. Financially, while their program expense ratio stands at 64.06%, slightly below ideal expectations, they maintain a commendable fundraising efficiency, costing only $0.09 to raise each dollar. This highlights their effectiveness in resource management and commitment to their mission.
Despite these strengths, there are areas for potential improvement, particularly in increasing their program expense ratio to ensure more funds are directed towards their initiatives. Nonetheless, Peak Grantmaking Inc's strong leadership, financial practices, and community-focused strategies position it as a reputable and effective nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Peak Grantmaking Inc legitimate?
Peak Grantmaking Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peak Grantmaking Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $562,073
Professional Fundraising Fees: $25,000
Other Salaries and Wages: $2,183,129
For more financial information, click here
Official website here: www.peakgrantmaking.org
What is the mission statement of Peak Grantmaking Inc?
Peak Grantmaking Inc's mission is centered around transforming the philanthropic sector by promoting equity-focused, values-driven grantmaking. Their objective is to elevate the field of grants management and empower grant management professionals to spearhead this transformation. Through their programs, Peak Grantmaking supports its members in adopting and advocating for equitable and effective grantmaking practices within their organizations and across the philanthropic sector. In 2022, they provided opportunities for learning and peer connection through various events, engaging over 8,671 participants and supporting the formation of 684 member-led communities.
Official website here: www.peakgrantmaking.org
Who is the CEO of Peak Grantmaking Inc?
Satonya Fair is the CEO of Peak Grantmaking Inc The CEO's salary of Peak Grantmaking Inc is $283,209 and their total compensation is $314,999.
Official website here: www.peakgrantmaking.org
What is the revenue of Peak Grantmaking Inc?
Peak Grantmaking Inc's revenue in 2024 was $5,320,383.
Official website here: www.peakgrantmaking.org
Who are the executives of Peak Grantmaking Inc and what are their salaries?
The average compensation at Peak Grantmaking Inc during 2024 was $119,357. There are 23 employees and 289 volunteers at Peak Grantmaking Inc.
Here are 30 key members and their salaries (Peak Grantmaking Inc's CEO's salary is $283,209 and their total compensation is $314,999):
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- Other: $645
Official website here: www.peakgrantmaking.org
Where can I find the form 990 for Peak Grantmaking Inc?
Peak Grantmaking Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.peakgrantmaking.org
Learn more at the official website: www.peakgrantmaking.org
Mission Statement of Peak Grantmaking Inc
Peak Grantmaking Inc, with a mission to transform philanthropy, is dedicated to elevating the field of grants management and empowering grants management professionals. Their goal is to lead the way in operationalizing equity-centered, values-driven grantmaking practices. By supporting their members in adopting and championing equitable, effective grantmaking practices within their organizations and across the philanthropic sector, Peak Grantmaking Inc aims to transform the practice of philanthropy into the practice of principled grantmaking. In 2022, they provided opportunities for emergent learning and peer connection through various events, engaging a significant number of participants. Their regional chapters held numerous meetings, engaging even more participants, and their caucuses, affinity groups, communities of practice, and working groups welcomed a substantial number of members. Peak Grantmaking Inc's initiatives and events serve as a vital resource for peer learning and support, contributing to the transformation of grantmaking practices.
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Impact
July, 2024
Peak Grantmaking Inc is transforming the field of philanthropy by championing equitable and effective grantmaking practices within organizations and across the sector. In 2022, the organization supported members in advancing practice change through numerous events, meetings, caucuses, and virtual convenings, engaging thousands of participants. By operationalizing equity-centered, values-driven grantmaking practices, Peak Grantmaking is leading the way in reshaping the landscape of philanthropy towards more principled and impactful giving.
This information is meant to be a general summary of Peak Grantmaking Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $16,806
- Program Service Revenue: $2,278,691
- Gross Receipts: $6,705,049
Assets and Liabilities:
- Total Assets: $5,927,282
- Total Liabilities: $477,343
- Net Assets: $5,449,939
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION FEES
Revenue
$1,295,005
MEMBERSHIP DUES
Revenue
$412,042
ANNUAL CONFERENCE
Revenue
$304,000
WORKSHOPS
Revenue
$162,644
CONFERENCE EXHIBITORS
Revenue
$105,000
Organization Details
Founding Year
2005
Principal Officer
Satonya Fair Jd
Website
www.peakgrantmaking.orgNTEE Category
Code: T22 - Philanthropy
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