Peak 7 Adventures
Peak 7 Adventures consistently reports no officer compensation, but recent expenses have outpaced revenue.
EIN: 204723348 · Mead, WA · NTEE: X21 · Updated: 2026-03-28
Is Peak 7 Adventures Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Peak 7 Adventures directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Peak 7 Adventures
Peak 7 Adventures (EIN: 204723348) is a nonprofit organization based in Mead, WA, classified under NTEE code X21. The organization reported total revenue of $599K and total assets of $442K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Peak 7 Adventures's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Peak 7 Adventures with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Peak 7 Adventures allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Peak 7 Adventures consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is a highly positive sign for donor confidence and suggests a volunteer-led or very lean executive structure, especially for an organization with annual revenues approaching $600,000.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Peak 7 Adventures's IRS 990 filings:
- Recent operating deficits (expenses exceeding revenue in 2023 and 2022)
- Fluctuating revenue streams, indicating potential instability in funding
Strengths
The following positive indicators were identified for Peak 7 Adventures:
- Consistent 0% officer compensation, indicating strong financial stewardship
- Healthy asset base relative to annual revenue, providing financial stability
- Long filing history (13 filings), suggesting established operations and transparency
Frequently Asked Questions about Peak 7 Adventures
Is Peak 7 Adventures a legitimate charity?
Based on AI analysis of IRS 990 filings, Peak 7 Adventures (EIN: 204723348) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Peak 7 Adventures spend its money?
Peak 7 Adventures directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Peak 7 Adventures tax-deductible?
Peak 7 Adventures is registered as a tax-exempt nonprofit (EIN: 204723348). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Peak 7 Adventures financially sustainable given recent expense trends?
While Peak 7 Adventures has experienced periods where expenses exceeded revenue (e.g., 2023, 2022, 2020), its asset base of $441,655 (latest) provides a buffer. However, a sustained trend of operating deficits could impact long-term sustainability if not addressed through increased revenue or expense management.
How does the lack of officer compensation impact the organization?
The consistent reporting of 0% officer compensation is a significant strength, indicating that funds are not being diverted to executive salaries. This can enhance donor trust and suggests a strong commitment to the mission, potentially relying on volunteer leadership or staff compensated through other means not classified as officer compensation.
What is the trend in Peak 7 Adventures' revenue and expenses?
Revenue has fluctuated significantly over the years, from a high of $927,658 in 2018 to a low of $359,772 in 2020. Expenses have also varied, but in the most recent two periods (2023 and 2022), expenses ($493,708 and $400,549 respectively) have exceeded revenues ($433,333 and $380,099 respectively), indicating recent operating deficits.
Filing History
IRS 990 filing history for Peak 7 Adventures showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Peak 7 Adventures's revenue has declined by 41.5%, moving from $741K to $433K. Total assets decreased by 46.7% over the same period, from $791K to $421K. Total functional expenses rose by 11.9%, from $441K to $494K. In its most recent filing year (2023), Peak 7 Adventures reported a deficit of $60K, with expenses exceeding revenue. The organization holds $19K in liabilities against $421K in assets (debt-to-asset ratio: 4.5%), resulting in net assets of $402K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $433K | $494K | $421K | $19K | — | — |
| 2022 | $380K | $401K | $477K | $15K | — | View 990 |
| 2021 | $512K | $403K | $499K | $16K | — | View 990 |
| 2020 | $360K | $531K | $447K | $72K | — | View 990 |
| 2019 | $565K | $557K | $560K | $14K | — | View 990 |
| 2018 | $928K | $676K | $586K | $7K | — | View 990 |
| 2017 | $624K | $826K | $343K | $11K | — | View 990 |
| 2016 | $745K | $932K | $541K | $11K | — | View 990 |
| 2015 | $786K | $874K | $735K | $18K | — | View 990 |
| 2014 | $805K | $799K | $826K | $18K | — | View 990 |
| 2013 | $669K | $626K | $812K | $10K | — | View 990 |
| 2012 | $576K | $606K | $767K | $10K | — | View 990 |
| 2011 | $741K | $441K | $791K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $433K, expenses of $494K, and assets of $421K (revenue +14.0% year-over-year).
- 2022: Revenue of $380K, expenses of $401K, and assets of $477K (revenue -25.7% year-over-year).
- 2021: Revenue of $512K, expenses of $403K, and assets of $499K (revenue +42.3% year-over-year).
- 2020: Revenue of $360K, expenses of $531K, and assets of $447K (revenue -36.4% year-over-year).
- 2019: Revenue of $565K, expenses of $557K, and assets of $560K (revenue -39.1% year-over-year).
- 2018: Revenue of $928K, expenses of $676K, and assets of $586K (revenue +48.6% year-over-year).
- 2017: Revenue of $624K, expenses of $826K, and assets of $343K (revenue -16.3% year-over-year).
- 2016: Revenue of $745K, expenses of $932K, and assets of $541K (revenue -5.2% year-over-year).
- 2015: Revenue of $786K, expenses of $874K, and assets of $735K (revenue -2.3% year-over-year).
- 2014: Revenue of $805K, expenses of $799K, and assets of $826K (revenue +20.4% year-over-year).
- 2013: Revenue of $669K, expenses of $626K, and assets of $812K (revenue +16.2% year-over-year).
- 2012: Revenue of $576K, expenses of $606K, and assets of $767K (revenue -22.3% year-over-year).
- 2011: Revenue of $741K, expenses of $441K, and assets of $791K.
Data Sources and Methodology
This transparency report for Peak 7 Adventures is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.