Civic Intelligence

The Kyle Pease Foundation Inc

990 • Fiscal year 2018 • EIN 27-4563077

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 05, 2019

2566 Shallowford Road No 104Atlanta, GA 30345

(404) 556-6704

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

65th percentile

0.11x

Higher debt load relative to assets than 65% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

50th percentile

0.03x

Higher debt load relative to revenue than 50% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

65th percentile

11%

Higher net margin than 65% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

77th percentile

$70,315

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 10.4% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

92nd percentile

80%

Faster asset growth than 92% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

82nd percentile

36%

Faster revenue growth than 82% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$185,537

Up $82,323 (+80%) from 2017

Net Assets

Up

$164,702

Up $71,426 (+77%) from 2017

Liabilities

Up

$20,835

Up $10,897 (+110%) from 2017

Revenue

Up

$677,329

Up $180,012 (+36%) from 2017

Expenses

Up

$605,903

Up $129,997 (+27%) from 2017

Net Income

Up

$71,426

Up $50,015 (+234%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2013: $40,283Liabilities 2013: $0Net Assets 2013: $40,2832013Assets 2014: $20,063Liabilities 2014: $0Net Assets 2014: $20,0632014Assets 2015: $34,991Liabilities 2015: $9,671Net Assets 2015: $25,3202015Assets 2016: $83,635Liabilities 2016: $3,001Net Assets 2016: $80,6342016Assets 2017: $103,214Liabilities 2017: $9,938Net Assets 2017: $93,2762017Assets 2018: $185,537Liabilities 2018: $20,835Net Assets 2018: $164,7022018Assets 2019: $266,798Liabilities 2019: $8,262Net Assets 2019: $258,5362019Assets 2020: $501,562Liabilities 2020: $54,992Net Assets 2020: $446,5702020Assets 2021: $679,129Liabilities 2021: $57,900Net Assets 2021: $621,2292021Assets 2022: $715,593Liabilities 2022: $179,546Net Assets 2022: $536,0472022Assets 2024: $1,935,119Liabilities 2024: $270,841Net Assets 2024: $1,664,2782024

Highlighted filing

2018

Assets$185,537
Liabilities$20,835
Net Assets$164,702

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $84,156Expenses 2013: $66,636Net Income 2013: $17,5202013Revenue 2014: $96,637Expenses 2014: $116,857Net Income 2014: -$20,2202014Revenue 2015: $196,642Expenses 2015: $191,385Net Income 2015: $5,2572015Revenue 2016: $364,881Expenses 2016: $309,567Net Income 2016: $55,3142016Revenue 2017: $497,317Expenses 2017: $475,906Net Income 2017: $21,4112017Revenue 2018: $677,329Expenses 2018: $605,903Net Income 2018: $71,4262018Revenue 2019: $816,204Expenses 2019: $722,370Net Income 2019: $93,8342019Revenue 2020: $826,063Expenses 2020: $638,029Net Income 2020: $188,0342020Revenue 2021: $1,023,596Expenses 2021: $848,937Net Income 2021: $174,6592021Revenue 2022: $692,159Expenses 2022: $774,473Net Income 2022: -$82,3142022Revenue 2024: $2,300,495Expenses 2024: $1,286,036Net Income 2024: $1,014,4592024

Highlighted filing

2018

Revenue$677,329
Expenses$605,903
Net Income$71,426
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 5, 2019
Return Version
2018v3.1
Gross Receipts
$717,165
Mission and Program Overview

Mission

Create awareness and raise funds to promote success for persons with disabilities by providing assistance to meet their individual needs through sports.

The kyle pease foundation, inc. Creates awareness and raises funds to promote success for persons with disabilities by providing assistance to meet their individual needs through sports.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$93,276$164,702▲ $71,426
Savings and Temporary Cash Investments$21,044$88,872▲ $67,828
Land, Buildings, and Equipment, Net$67,182$75,548▲ $8,366
Prepaid Expenses and Deferred Charges$0$13,260▲ $13,260
Cash and Non-Interest-Bearing Accounts$14,988$4,230▼ $10,758
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$103,214$185,537▲ $82,323
Other Assets Total$0$3,627▲ $3,627
Liabilities
Deferred Revenue$0$13,170▲ $13,170
Accounts Payable and Accrued Expenses$9,938$7,665▼ $2,273
Total Liabilities$9,938$20,835▲ $10,897
Net Assets / Fund Balance
Total Net Assets Fund Balance$93,276$164,702▲ $71,426
Total Liabilities and Net Assets / Fund Balance$103,214$185,537▲ $82,323

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$75,548$31,092$106,640
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Brent PeaseExecutive DirectorFT$70,315$70,315

Board Members and Trustees

NameTitle
David RaglandChairman
Eric BuskoDirector
Fred SollerDirector
Gregory SmithDirector
Jeff CaplanDirector
Jeff FranzDirector
John David Johnson IiDirector
John RutledgeDirector
Kyle PeaseDirector
Reinhardt CyphersDirector
Sam HarrisonDirector
Tim AdkinsDirector
Evan ReissSecretary
Carla Mcmullan CPATreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$659,978
Program Service Revenue
$0
Investment Income
$499
Other Revenue
$16,852
All Other Contributions
$659,978
Change in Net Assets
$71,426
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$492,651
Salaries, Compensation, and Employee Benefits$70,315
Grants and Similar Amounts Paid$42,937
Total Fundraising Expense$15,463
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$174,469--$174,469
Current Officers, Directors, Trustees, and Key Employees$56,252$14,063-$70,315
Grants to Domestic Individuals$39,587--$39,587
Advertising$12,922$3,230-$16,152
Occupancy$12,291$3,073-$15,364
Depreciation Depletion$14,765--$14,765
Office Expenses$11,681$2,920-$14,601
Fees for Services Accounting-$14,550-$14,550
All Other Expenses$7,012$3,883-$10,895
Insurance-$10,192-$10,192
Other Expenses$3,472-$15,463$3,472
Grants to Domestic Orgs$3,350--$3,350
Information Technology$1,368--$1,368
Conferences and Meetings$981--$981
Interest-$926-$926
Fees for Services Other-$900-$900
Fees for Services Legal-$30-$30
Total Functional Expenses$536,673$53,767$15,463$605,903
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$56,218
Fundraising Direct Expenses$39,836
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
The Jake Golf Tournament$41,534$41,534-$41,534
Bowling With K Peasey$14,684$14,684-$14,684
Total Events$56,218$56,218$39,836$16,382
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Kyle and brent pease are brothers.

Form 990, Part VI, Section B, Line 11B

The form 990 is prepared by the organization's outside accountant, bennett thrasher, llp, and reviewed by the organization's vice chair.

Form 990, Part VI, Section C, Line 19

The kyle pease foundation's certificate of incorporation is on file with the georgia secretary of state.

Filing and Contact Details

Filer

Filer Name
The Kyle Pease Foundation Inc
EIN
27-4563077
Phone
4045566704
Address
2566 SHALLOWFORD ROAD NO 104, ATLANTA, GA 30345

Signing Officer

Name
Brent Pease
Title
Executive Director
Phone
4045566704
Signed
2019-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brent Pease
Formed
2011
Legal Domicile
Ga
Voting Board Members
15
Independent Board Members
14
Employees
0
Volunteers
0

Preparer

Firm
Bennett Thrasher Llp
Address
3300 RIVERWOOD PARKWAY 700, ATLANTA, GA 30339
Preparer
Timothy S Oberst
Phone
7703962200
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IRS990/Desc0IN 2018, THE KYLE PEASE FOUNDATION PARTICIPATED IN OVER 20 EVENTS SERVING 72 ATHLETES WITH DISABILITIES AND THEIR FAMILIES AS WELL AS PARTNERING WITH OTHER NONPROFITS TO PRODUCE CAMP WHEEL-A-WAY. THE FOUNDATION DEPLOYED $400,000 TO MEET ITS MISSION OF INCLUSION. NOTABLE IN 2018 WAS ALSO THE ACCOMPLISHMENT OF A KYLE PEASE FOUNDATION TEAM BECOMING THE FIRST DUO TEAM OF BROTHERS TO COMPLETE THE IRONMAN WORLD CHAMPIONSHIP IN KONA, HAWAII.
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IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt03627
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0RACING EVENT FEES AND E
IRS990/OtherExpensesGrp/Desc1EQUIPMENT AND SUPPLIES
IRS990/OtherExpensesGrp/Desc2FUNDRAISING EXPENSES
IRS990/OtherExpensesGrp/Desc3EVENT EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt015463
IRS990/OtherExpensesGrp/ProgramServicesAmt0153759
IRS990/OtherExpensesGrp/ProgramServicesAmt144764
IRS990/OtherExpensesGrp/ProgramServicesAmt23472
IRS990/OtherExpensesGrp/TotalAmt0153759
IRS990/OtherExpensesGrp/TotalAmt144764
IRS990/OtherExpensesGrp/TotalAmt215463
IRS990/OtherExpensesGrp/TotalAmt33472
IRS990/OtherRevenueMiscGrp/BusinessCd0511130
IRS990/OtherRevenueMiscGrp/Desc0BOOK SALES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0470
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0470
IRS990/OtherRevenueTotalAmt0470
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013260
IRS990/PrincipalOfficerNm0BRENT PEASE
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0481433
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt033352
IRS990/PYInvestmentIncomeAmt0106
IRS990/PYOtherExpensesAmt0383269
IRS990/PYOtherRevenueAmt015778
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt021411
IRS990/PYSalariesCompEmpBnftPaidAmt059285
IRS990/PYTotalExpensesAmt0475906
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0497317
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt071426
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt093276
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0164702
IRS990/SavingsAndTempCashInvstGrp/BOYAmt021044
IRS990/SavingsAndTempCashInvstGrp/EOYAmt088872
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0701512
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0481433
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0344943
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0197602
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt096637
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01822127
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0499
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0106
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt030
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0637
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt08822
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0471
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt03517
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01207
IRS990ScheduleA/OtherIncome170Grp/TotalAmt05195
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.95040
IRS990ScheduleA/PublicSupportTotal170Amt01737212
IRS990ScheduleA/SubstantialContributorsTotAmt084915
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0701512
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0481433
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0344943
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0197602
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt096637
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01822127
IRS990ScheduleA/TotalSupportAmt01827959
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt075548
IRS990ScheduleD/EquipmentGrp/DepreciationAmt031092
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0106640
IRS990ScheduleD/TotalBookValueLandBuildingsAmt075548
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt039836
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BOWLING WITH K PEASEY
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0THE JAKE GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt014684
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt041534
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt056218
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt014684
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt041534
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt056218
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt016382
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt0465
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent2Amt02083
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt02548
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt09026
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt028262
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt037288
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt039587
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0EQUIPMENT GRANTS TO INDIVIDUALS AND DONATIONS PAID DIRECTLY TO INDIVIDUALS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt017
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KYLE AND BRENT PEASE ARE BROTHERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE ACCOUNTANT, BENNETT THRASHER, LLP, AND REVIEWED BY THE ORGANIZATION'S VICE CHAIR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE KYLE PEASE FOUNDATION'S CERTIFICATE OF INCORPORATION IS ON FILE WITH THE GEORGIA SECRETARY OF STATE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0103214
IRS990/TotalAssetsEOYAmt0185537
IRS990/TotalAssetsGrp/BOYAmt0103214
IRS990/TotalAssetsGrp/EOYAmt0185537
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0659978
IRS990/TotalEmployeeCnt00

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