Peakmd Institute

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 821125926 ✦ San diego, CA ✦ Designated as a 501(c)(3)

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Overview

What is Peakmd Institute?

Peakmd Institute is a nonprofit organization, established with the primary objective of serving charitable and public purposes. While the specific activities or mission details are not provided in the information, it is known that this organization operates under the nonprofit public benefit corporation law. This suggests that Peakmd Institute is committed to making a positive impact in its community and beyond, working towards various charitable causes.


Official website here: www.peakmdinstitute.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 51%, One-Star out of Four Star rating.

Peakmd Institute has received a low overall score of 51%, indicating significant concerns regarding its accountability and financial practices. While it has achieved full marks for having a majority of independent board members and for properly documenting board meeting minutes, there are notable weaknesses in other areas. For instance, the organization lacks an independent board size, conflict of interest policy, whistleblower policy, and effective document retention practices.

Additionally, the nonprofit's financial health is called into question due to its liabilities to assets ratio, which received a score of zero. Although it scores well for program expenses, these other shortcomings overshadow its strengths, making it crucial for potential donors and stakeholders to approach with caution. Transparency and governance improvements would be essential for the organization to enhance its credibility and trust within the community.


This AI summary has been generated from information found on Charity Navigator.

Is Peakmd Institute legitimate?

Peakmd Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peakmd Institute 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.peakmdinstitute.org

What is the mission statement of Peakmd Institute?

The Peakmd Institute, being a nonprofit public benefit corporation, is not established for personal profit. It is organized under the nonprofit public benefit corporation law, serving charitable and public purposes. Although the mission statement is not explicitly provided in the given data, it can be inferred that the institute's charitable and public purposes likely involve contributing to societal welfare and betterment, aligning with its nonprofit status. The specific activities and goals of the Peakmd Institute would be detailed in their schedule or other official communications.


Official website here: www.peakmdinstitute.org

Who is the CEO of Peakmd Institute?

Alexander Robertson is the Secretary of Peakmd Institute.


Official website here: www.peakmdinstitute.org

What is the revenue of Peakmd Institute?

Peakmd Institute's revenue in 2021 was $5,000.


Official website here: www.peakmdinstitute.org

Who are the executives of Peakmd Institute and what are their salaries?


Here are 2 key members and their salaries:


Michael Kinkelaar (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexander Robertson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.peakmdinstitute.org

Where can I find the form 990 for Peakmd Institute?

Peakmd Institute's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.peakmdinstitute.org

Learn more at the official website: www.peakmdinstitute.org

Mission Statement of Peakmd Institute

Peakmd Institute, as a nonprofit public benefit corporation, is established with a mission that does not prioritize personal gain. Instead, it is organized under the nonprofit public benefit corporation law, with the primary objective of serving charitable and public purposes. This organization is dedicated to contributing to the well-being of its community and society at large, focusing on causes that benefit the public rather than private interests.

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Impact




August, 2024

Peakmd Institute has significantly impacted the community through its philanthropic efforts. The institute's initiatives have helped improve access to healthcare services, promote health education, and support public benefit programs. Through its charitable activities, Peakmd Institute has made a positive difference in the lives of many individuals and contributed to the overall well-being of the community.




This information is meant to be a general summary of Peakmd Institute. 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.

Revenue
$5,000 (2021)
Expenses
$805 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $5,000

Assets and Liabilities:

  • Total Assets: $3,408
  • Total Liabilities: $21,525
  • Net Assets: -$18,117

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Organization Details

Founding Year

2017

Principal Officer

Alexander Robertson

Main Address

11835 CARMEL MOUNTAIN RD SUITE 1304, SAN DIEGO, CA, 92128

NTEE Category

Code: T00 - Philanthropy

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