The Peer Power Foundation Inc

The Peer Power Foundation Inc

Memphis, TN 38111
Tax ID20-2069907

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About this organization

Revenue

$1,157,909

Expenses

$2,085,597

Mission

Peer Power's mission is to inspire and empower student success through peer-to-peer tutoring and mentoring. Our vision is to create a world where all children are provided the ability to learn and grow regardless of their zip code.

About

Peer Power has helped students since 2005: a. invested more than $18,000,000 in helping students. b. created 1,750 hire value jobs for students helping students. c. tutored and mentored 20,000 students. d. The ACT Saturday Prep Program had helped students earn more than 5 million dollars in scholarships. e. The college graduation rate for Peer Power 'success coaches' is greater than 80%. The national college graduation rate is 50%. Note the Peer Power tutors are called 'success coaches' because that is what they teach, model and live. f. During 2018 helped more than 4,000 students everyday. g. University of Memphis and Peer Power created the Peer Power Institute on the university's central Memphis campus.

Interesting data from their 2020 990 filing

According to the filing documents, the non-profit's mission is defined as “Peer power foundation hires, trains and deploys college students into economically challenged high schools. the college tutor/mentors work in the english, math & science classes to help students in real time. this model reduces the adult/student ration from 1:30 to about 1:10. this allows students personal help in key course work.”.

When referring to its tasks, they were referred to as: “Tutor and mentor students to be successful in academics, society and productive employable citizens.”.

  • The non-profit's state of operation has been legally reported as TN.
  • According to the latest filing, the non-profit's address in 2020 is 850 RIDGE LAKE BLVD, MEMPHIS, TN, 38120.
  • The total number of employees reported by the non-profit on their form for 2020 is 238.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$927,688.
  • The organization has 15 independent voting members.
  • The organization was formed in 2005.
  • The organization pays $1,593,092 in salary, compensation, and benefits to its employees.
  • The organization pays $179,127 in fundraising expenses.

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