Public Charity

THE PEER POWER FOUNDATION INC

THE PEER POWER FOUNDATION INC is a Public Charity headquartered in MEMPHIS, TN. Financial data from the 2024 filing: $4.0M revenue, $4.4M expenses, $1.1M total assets. 32 publicly reported grants to this organization, totaling roughly $2.3M, appear in IRS filings.

EIN: 202069907 MEMPHIS, TN Latest filing: 2024
Total Revenue$4.0M
Total Expenses$4.4M
Total Assets$1.1M
Grant Records32
Funding Total$2.3M
Filing Years2020–2024

Mission

PEER POWER FOUNDATION HIRES, TRAINS, AND DEPLOYS COLLEGE STUDENTS TO BE SUCCESS COACHES IN ECONOMICALLY DISADVANTAGED HIGH SCHOOLS. (EXPANDED MISSION ON SCHEDULE O)THESE SUCCESS COACHES WORK PRIMARILY INSIDE OF ENGLISH, MATH, AND SCIENCE CLASSES ALONGSIDE TEACHERS TO HELP STUDENTS MEET ACHIEVEMENT BENCHMARKS AND THEIR LIFE GOALS. THIS MODEL REDUCES THE ADULT TO STUDENT RATIO FROM 1:30 TO ABOUT 1:10, WHICH HELPS MEET THE HOLISTIC NEEDS OF STUDENTS AND ALLEVIATE SOME OF THE PRESSURE FROM TEACHERS.

Officers & Directors

DIRECTOR Anne Freeman
CEO Cortney Richardson
DIRECTOR Daniel Williams
DIRECTOR D John Jackson
VICE CHAIR Dow Mcvean
TREASURER Jim Barton

Officer compensation and complete director data available with membership.

Top Grant Purposes

EDUCATIONAL SUPPORT
$972,207 2 grants
GENERAL OPERATIONAL SUPPORT
$861,650 17 grants
IN SUPPORT OF PROGRAMS IN FURTHERANCE OF NBA FOUNDATION'S MISSION
$150,000 1 grant
RELIGION
$113,000 1 grant
GENERAL
$65,000 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $4.0M $4.4M $1.1M
2023 $3.9M $4.0M $1.3M
2022 $3.3M $3.5M $1.3M
2021 $2.7M $2.8M $1.3M
2020 $2.2M $2.1M $1.4M

Between 2020 and 2024, reported annual revenue grew from $2.2M to $4.0M (+85%), with total assets most recently reported at $1.1M.

Interactive year-over-year charts and full filing details available with membership.

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