The Peer Power Foundation Inc

What it reported doing in 2024

Peer power foundation directly invests in mid-south high school and college students. It recruits, trains, and places college success coaches in the classroom for real time help when a student needs it. The coaches are placed in the math, science, and english classes where kids often struggle, become problematic and withdraw from learning and even drop out of school. Schools with peer power success coaches have 8-10% higher graduation rates. To be a success coach is to have a meaningful job which requires substantive expertise in math, science, and english. Additionally, it requires a mindset of service, humility and urgency. (continued on schedule o)we partner with the teachers, schools, and parents to mentor, model and motivate young and vulnerable children in socioeconomically challenged neighborhoods. The 75% of students we serve are in families at or below the federal poverty level. Since 2004, we have tutored more than 1,600,000 hours impacting 35,000 children. The success coach is often a first-generation college student. Peer power's training, and continuous learning and earning model produces outstanding results. Our success coach graduation rate is 84%, the national average first generation college student rate is less than 40%. Core programpeer power's core program delivers comprehensive academic support through a dual-impact model serving both high school and college students. In fy25, we provided:- 49,470 hours of tutoring and mentoring services- direct support to 3,860 high school students- year-round academic assistance (180 school days plus summer, fall, and spring break periods)the program employs college students as success coaches, providing competitive wages starting at $16.50 per hour. Our objective is to improve academic outcomes for high school students while creating meaningful employment opportunities for college students.long-term goals include increasing high school graduation rates and academic proficiency, and college enrollment and/or career readiness among participants. Success coaches demonstrate significantly higher college completion rates, with 85% graduating within 4-5 years compared to the institutional average of 45% (estimated based on current data). Success coaches gain valuable professional experience through classroom collaboration with teachers, project management, and direct student support.um connectpeer power's um connect program creates direct pathways to higher education through an innovative partnership with the university of memphis. In fy25, the program served 300 students through comprehensive college readiness activities including:- direct engagement with university faculty across various majors- personalized guidance from admissions and financial aid representatives- in-depth financial aid information sessions- interactive sessions with student organizations- targeted support addressing college transition challengesthe program's objective is to increase memphis student enrollment in higher education by making college more accessible and providing practical knowledge about college life. Long-term goals include expanding the pipeline of memphis students entering higher education and ensuring students are well-prepared for the academic, financial, and social aspects of university life.act prep universityact prep university provides free, comprehensive act preparation services to underserved students, eliminating economic barriers to college entrance exam preparation. In fy25, the program served 185 students through intensive bootcamp sessions that included:- specialized instruction in math, reading, science, and english subjects- one-on-one tutoring with trained instructors- practice testing sessions- digital study materials accessthe program's objective is to increase college accessibility and scholarship opportunities for underserved students through improved act performance. Since its inception in 2016, act prep university has served more than 4,500 students, demonstrating

Financial Efficiency

• Mission deployment rate: 88.1%; rating input score 88
• Program expense ratio: 83.6%; rating input score 84
• Fundraising efficiency: $16.31 raised per $1 spent on fundraising; rating input score 53; 53rd percentile among comparable filings

Transparency & Controls

• Consistency checks: 93.3%; rating input score 93; 17th percentile among comparable filings
• Pay-setting controls: 2 of 6 controls in place; rating input score 33
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 7 of 8 controls in place; rating input score 88
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -5.4%; rating input score 19; 19th percentile among comparable filings
• Total-asset coverage ratio: 0.33; rating input score 11; 11th percentile among comparable filings
• Liabilities to assets ratio: 0.63; rating input score 16; 16th percentile among comparable filings
• Officer compensation ratio: 8.7%; rating input score 35; 35th percentile among comparable filings

Growth

• Program expense growth: 10.8% per year; rating input score 100; 67th percentile among comparable filings
• Revenue growth: 10.4% per year; rating input score 100; 70th percentile among comparable filings
• Asset growth: 15.7% per year; rating input score 100; 76th percentile among comparable filings