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North Carolina · Nonprofit

PEAK Adventure Ministries

PEAK Adventure Ministries (North Carolina) receives grants from 12 organizations whose IRS filings report $248,470 to it, the largest being Earl and Kathryn Congdon Family Foundation ($76,008). 7 of them have funded it in more than one year, and 64% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$14k
Funders on record
12
Grants received
$248k
Net assets
$0
7/12 repeat funderspeak grant-dependency 55%
01What it does

What PEAK Adventure Ministries does

Mission

Youth Leadership & Employment, religious instruction

As stated on its FY2025 Form 990.

Programs

  1. PEAK TEAM is a leadership development program for students from high poverty neighborhoods. Classes are taught at the school after school hours.

    $0 spent
  2. Right Start Mentoring is a Bible Study for students who participate in our Summer Work Project. Program focuses on life application of Biblical principals. Program also includes various life skills training.

    $0 spent
  3. Summer Work Project (SWP) is a workforce development program for students from high poverty neighborhoods. We perform light landscaping and other maintenance, parntering with other agencies in Greensboro,NC.

    $0 spent

The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $0.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($144k) Expenses 100 ($103k) Net assets 100 ($59k)2021 Revenue 119 ($172k) Expenses 139 ($143k) Net assets 149 ($87k)2022 Revenue 92 ($133k) Expenses 150 ($155k) Net assets 143 ($84k)2023 Revenue 155 ($223k) Expenses 198 ($205k) Net assets 144 ($85k)2024 Revenue 65 ($94k) Expenses 168 ($174k) Net assets 8 ($4k)2025 Revenue 9 ($14k) Expenses 11 ($11k) Net assets 0 ($0)
202020212022202320242025
Revenue (9)Expenses (11)Net assets (0)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $85k to $5k (−94%).

$59k
$87k
$84k
$85k
$5k
$0
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

1% of PEAK Adventure Ministries’s revenue is contributions — more earned-revenue than three-quarters of its peers (39% for the typical peer).

This organization
Typical peer · 15,075 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 6 reported years ran a deficit.

$41k
’20
$29k
’21
−$22k
’22
$19k
’23
−$80k
’24
$2k
’25
0.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Britt Lassiter

Executive Director

As listed on its FY2025 Form 990.

202320242025
Listed111
Joined···
No longer listed···
03Who funds it

Who funds it, year by year

2021 → 2023: the base broadened from 5 funders to 6 funders, grant income rose $40k → $71k.

8 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 64% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of PEAK Adventure Ministries’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

PEAK Adventure Ministries has a broad base — no single funder exceeds 31% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

64% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund PEAK Adventure Ministries.

31%
largest funder
63%
top three
~6
effective funders

Largest funder’s share by year: 2021 38% · 2022 24% · 2023 42% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

64% of PEAK Adventure Ministries's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $89k that is directly attributable, 88% of it comes from funders outside North Carolina, across 3 states.

VA
DE
NC

In-state vs out-of-state, by year

’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $159k arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

PEAK Adventure Ministries runs a healthier operating margin than half of the 9,557 recreation & sports nonprofits its size.

Operating margin18% · above the median
Revenue growth (annualized)−38% · bottom quartile

this organization peer median middle 50% of peers· 9,557 recreation & sports nonprofits under $100k, FY2025

Organizations like PEAK Adventure Ministries

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

0% of spending goes to programs.

Program 0%Management 100%Fundraising 0%

Governance

0
board members
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

94%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for PEAK Adventure Ministries: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds PEAK Adventure Ministries?
PEAK Adventure Ministries (North Carolina) receives grants from 12 organizations whose IRS filings report $248,470 to it, the largest being Earl and Kathryn Congdon Family Foundation ($76,008). 7 of them have funded it in more than one year, and 64% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does PEAK Adventure Ministries have?
IRS filings report 12 organizations giving $248,470 in grants to PEAK Adventure Ministries, 7 of which have funded it in more than one year.
Who is the largest funder of PEAK Adventure Ministries?
Earl and Kathryn Congdon Family Foundation is the largest funder on record, with $76,008 in grants. The full list of funders is on this page.
How can an organization like PEAK Adventure Ministries find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds PEAK Adventure Ministries →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 12 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing