Civic Intelligence

The Pete Foundation Inc

EIN 81-4667398 • 501(c)3 • Louisville, KY

Profile

The pete foundation was formed to raise awareness of the impact of mental wellness in early adolescence, to advocate for improved mental wellness programs, and increase understanding of the conditions of mental illness.

2323 Lime Kiln LaneLouisville, KY 40222

www.thepetefoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

81st percentile

0.15x

Higher debt load relative to assets than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

87th percentile

0.21x

Higher debt load relative to revenue than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

15th percentile

-42%

Higher net margin than 15% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

29th percentile

-22%

Faster asset growth than 29% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

29th percentile

-24%

Faster revenue growth than 29% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$205,228

Down $57,822 (-22%) from 2023

Liabilities

Down

$31,738

Down $10,709 (-25%) from 2023

Net Assets

Down

$173,490

Down $47,113 (-21%) from 2023

Revenue

Down

$151,770

Down $48,377 (-24%) from 2023

Expenses

Up

$215,843

Up $81,655 (+61%) from 2023

Net Income

Down

-$64,073

Down $130,032 (-197%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2017: $67,922Liabilities 2017: $0Net Assets 2017: $67,9222017Assets 2018: $81,515Liabilities 2018: $949Net Assets 2018: $80,5662018Assets 2019: $126,236Liabilities 2019: $11,224Net Assets 2019: $115,0122019Assets 2020: $101,176Liabilities 2020: $149Net Assets 2020: $101,0272020Assets 2021: $105,153Liabilities 2021: $25,645Net Assets 2021: $79,5082021Assets 2022: $191,021Liabilities 2022: $19,454Net Assets 2022: $171,5672022Assets 2023: $263,050Liabilities 2023: $42,447Net Assets 2023: $220,6032023Assets 2024: $205,228Liabilities 2024: $31,738Net Assets 2024: $173,4902024

Highlighted filing

2024

Assets$205,228
Liabilities$31,738
Net Assets$173,490

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2017: $62,834Expenses 2017: $10,125Net Income 2017: $52,7092017Revenue 2018: $66,559Expenses 2018: $53,915Net Income 2018: $12,6442018Revenue 2019: $177,886Expenses 2019: $143,441Net Income 2019: $34,4452019Revenue 2020: $82,415Expenses 2020: $96,400Net Income 2020: -$13,9852020Revenue 2021: $76,806Expenses 2021: $98,325Net Income 2021: -$21,5192021Revenue 2022: $165,938Expenses 2022: $73,879Net Income 2022: $92,0592022Revenue 2023: $200,147Expenses 2023: $134,188Net Income 2023: $65,9592023Revenue 2024: $151,770Expenses 2024: $215,843Net Income 2024: -$64,0732024

Highlighted filing

2024

Revenue$151,770
Expenses$215,843
Net Income-$64,073

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$151,770
Mission and Program Overview

Mission

The pete foundation was formed to raise awareness of the impact of mental wellness in early adolescence, to advocate for improved mental wellness programs, and increase understanding of he conditions of mental illness.

The pete foundation was formed to raise awareness of the impact of mental wellness in early adolescence, to advocate for improved mental wellness programs, and increase understanding of the conditions of mental illness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$220,603$173,490▼ $47,113
Investments Other Securities$91,659$110,587▲ $18,928
Land, Buildings, and Equipment, Net$61,467$47,212▼ $14,255
Cash and Non-Interest-Bearing Accounts$109,924$26,537▼ $83,387
Savings and Temporary Cash Investments$0$20,892▲ $20,892
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$263,050$205,228▼ $57,822
Liabilities
Other Liabilities$42,447$31,738▼ $10,709
Total Liabilities$42,447$31,738▼ $10,709
Net Assets / Fund Balance
Total Net Assets Fund Balance$220,603$173,490▼ $47,113
Total Liabilities and Net Assets / Fund Balance$263,050$205,228▼ $57,822

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$32,069$12,678$44,747
Other Land Buildings$15,143$29,583$44,726
Other Securities$110,587--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Molly C JonesSecretary TreasurerPT$2,400$2,400

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$144,001
Program Service Revenue
$4,889
Investment Income
$2,880
Other Revenue
$0
All Other Contributions
$144,001
Change in Net Assets
$-64,073
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$112,869
Other Expenses$101,374
Total Fundraising Expense$24,533
Grants and Similar Amounts Paid$1,600
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$79,031$532$19,226$98,789
Advertising$16,750$3,141$1,047$20,938
Depreciation Depletion$11,404$2,138$713$14,255
Fees for Services Other$10,943$2,052$684$13,679
Other Employee Benefits$9,344$117$2,219$11,680
Office Expenses$4,166$780$260$5,206
Current Officers, Directors, Trustees, and Key Employees$1,920$480-$2,400
Occupancy$1,913$359$120$2,392
Insurance$1,703$319$106$2,128
Grants to Domestic Orgs$1,600--$1,600
Interest$1,252$235$78$1,565
Travel$633$119$40$792
Other Expenses$277$52$17$346
Information Technology$10$2$1$13
Total Functional Expenses$180,919$10,391$24,533$215,843
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Note Payable Vehicle$30,663
Credit Card Payable$1,075
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
Yes
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

Board of directors include the mother and siblings of pete jones for whom the foundation was founded. Pete took his own life at a young age. The foundation was formed to raise awareness of the impact of mental wellness in early adolescence, to advocate for improved mental wellness programs, and increase understanding of the conditions of mental illness.

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

The board of directors reviewed the form 990 draft before it was filed.

Form 990, Part VI, Section B, Line 12C

The board reviews these policies annually to determine compliance and upon the appointment of a new board members.

Form 990, Part VI, Section B, Line 15

The board of directors reviews and approves the compensation of any key officer or director. When determining the compensation the board of directors consider compensation at similar organizations for comparability.

Form 990, Part VI, Section C, Line 19

The organization governing documents are available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
The Pete Foundation Inc
EIN
81-4667398
Phone
5023395500
Address
2323 LIME KILN LANE, LOUISVILLE, KY 40222

Signing Officer

Name
Molly Jones
Title
Secretary/treasurer
Phone
5023395500
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Molly Jones
Formed
2016
Legal Domicile
Ky
Voting Board Members
13
Independent Board Members
13
Employees
2
Volunteers
0

Preparer

Firm
MONROE SHINE & CO INC CPA'S
Address
PO BOX 1407, NEW ALBANY, IN 47151-1407
Preparer
Phillip D Beaman CPA
Phone
8129452311
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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0532
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt079031
IRS990/OtherSalariesAndWagesGrp/TotalAmt098789
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MOLLY JONES
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0MERCHANDISE SALES
IRS990/ProgramServiceRevenueGrp/ExclusionAmt04889
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04889
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0147433
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt048036
IRS990/PYOtherExpensesAmt082744
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt04678
IRS990/PYRevenuesLessExpensesAmt065959
IRS990/PYSalariesCompEmpBnftPaidAmt051444
IRS990/PYTotalExpensesAmt0134188
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0200147
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-64073
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0143361
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0220603
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0173490
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt020892
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0144001
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0147434
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0118157
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt087892
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt078513
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0575997
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02880
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01378
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02689
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02794
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0885
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt010626
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98190
IRS990ScheduleA/PublicSupportPY170Pct00.97390
IRS990ScheduleA/PublicSupportTotal170Amt0575997
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0144001
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0147434
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0118157
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt087892
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt078513
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0575997
IRS990ScheduleA/TotalSupportAmt0586623
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/BookValueAmt032069
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012678
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt044747
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt015143
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt029583
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt044726
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01075
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt130663
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NOTE PAYABLE VEHICLE
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0110587
IRS990ScheduleD/OtherSecuritiesGrp/Desc0OTHER SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt047212
IRS990ScheduleD/TotalBookValueSecuritiesAmt0110587
IRS990ScheduleD/TotalLiabilityAmt031738
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD OF DIRECTORS INCLUDE THE MOTHER AND SIBLINGS OF PETE JONES FOR WHOM THE FOUNDATION WAS FOUNDED. PETE TOOK HIS OWN LIFE AT A YOUNG AGE. THE FOUNDATION WAS FORMED TO RAISE AWARENESS OF THE IMPACT OF MENTAL WELLNESS IN EARLY ADOLESCENCE, TO ADVOCATE FOR IMPROVED MENTAL WELLNESS PROGRAMS, AND INCREASE UNDERSTANDING OF THE CONDITIONS OF MENTAL ILLNESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS REVIEWED THE FORM 990 DRAFT BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REVIEWS THESE POLICIES ANNUALLY TO DETERMINE COMPLIANCE AND UPON THE APPOINTMENT OF A NEW BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE COMPENSATION OF ANY KEY OFFICER OR DIRECTOR. WHEN DETERMINING THE COMPENSATION THE BOARD OF DIRECTORS CONSIDER COMPENSATION AT SIMILAR ORGANIZATIONS FOR COMPARABILITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
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 B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0263050
IRS990/TotalAssetsEOYAmt0205228
IRS990/TotalAssetsGrp/BOYAmt0263050
IRS990/TotalAssetsGrp/EOYAmt0205228
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0144001
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt024533
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt010391
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0180919
IRS990/TotalFunctionalExpensesGrp/TotalAmt0215843
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt042447
IRS990/TotalLiabilitiesEOYAmt031738
IRS990/TotalLiabilitiesGrp/BOYAmt042447
IRS990/TotalLiabilitiesGrp/EOYAmt031738
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0220603
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0173490
IRS990/TotalOtherCompensationAmt00

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