Nonprofit · EIN 45-3444341
PYRAMID PEAK FOUNDATION
Tax-exempt · MEMPHIS, TN 38104
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $9,028,774 | $25,759,727 | -$16,730,953 | $150,927,622 | $11,013 | $150,916,609 |
| December 31, 2023 | 990-PF | $4,415,478 | $38,707,303 | -$34,291,825 | $169,322,586 | $10,010 | $169,312,576 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $5,360,309
- Interest
- $970,496
- Net gain from sales of assets
- $2,697,969
Expenses
- Grants and similar amounts paid
- $22,407,126
- Compensation of officers, directors and key employees
- $254,023
- Salaries, compensation and benefits (total)
- $329,199
- Disbursements for charitable purposes
- $23,366,979
- Excise tax on investment income
- $92,960
Balance sheet and other
- Total assets, start of year
- $169,322,586
- Total assets, end of year
- $150,927,622
- Total liabilities, end of year
- $11,013
- Net assets, end of year
- $150,916,609
- Fair market value of assets
- $150,927,622
- Qualifying distributions
- $23,366,979
- Net investment income
- $9,028,774
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Melissa R Russell 1350 Concourse Avenue Ste 383, Memphis, TN 38104 | CFO/Treasurer | 40 | $254,023 | $61,358 |
| Michelle Armstrong 1350 Concourse Avenue Ste 383, Memphis, TN 38104 | Instruction support Highest-paid employee | 40 | $213,909 | $51,669 |
| Sherry D Crane 1350 Concourse Avenue Ste 383, Memphis, TN 38104 | Business Manager Highest-paid employee | 40 | $115,290 | $27,452 |
| O Mason Hawkins 1350 Concourse Avenue Ste 383, Memphis, TN 38104 | President/Director | 10 | $0 | $0 |
| Andrew R McCarroll 5100 Poplar Avenue Suite 2450, Memphis, TN 38137 | Director | 2 | $0 | $0 |
| James R Boyd 135 Ross M Lynn Dr, Memphis, TN 38111 | Director | 1 | $0 | $0 |
990-PF for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Melissa R Russell 1350 Concourse Avenue Ste 383, Memphis, TN 38104 | CFO/Treasurer | 40 | $245,433 | $59,456 |
| Michelle Armstrong 1350 Concourse Avenue Ste 383, Memphis, TN 38104 | Instruction support Highest-paid employee | 40 | $206,676 | $50,067 |
| Sherry D Crane 1350 Concourse Avenue Ste 383, Memphis, TN 38104 | Business Manager Highest-paid employee | 40 | $109,809 | $26,375 |
| O Mason Hawkins 1350 Concourse Avenue Ste 3838, Memphis, TN 38104 | President/Director | 10 | $0 | $0 |
| Andrew R McCarroll 6410 Poplar Avenue Ste 900, Memphis, TN 38119 | Director | 2 | $0 | $0 |
| James R Boyd 135 Ross M Lynn Dr, Memphis, TN 38111 | Director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1350 CONCOURSE AVE STE 383, MEMPHIS, TN 38104-2024
- In care of
- % MELISSA RUSSELL
- Signed the 990-PF
- Melissa R Russell, Treasurer
- Phone
- (901) 818-5239
- Return prepared by
- Melissa R Russell
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 45-3444341
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2012
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $150,927,622
- Income (IRS master file)
- $9,280,367
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $9,028,774 | $25,759,727 | $150,927,622 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $4,415,478 | $38,707,303 | $169,322,586 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-3444341).
Questions about PYRAMID PEAK FOUNDATION
- What is the EIN of PYRAMID PEAK FOUNDATION?
- The employer identification number (EIN) of PYRAMID PEAK FOUNDATION is 45-3444341.
- Is PYRAMID PEAK FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to PYRAMID PEAK FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does PYRAMID PEAK FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PYRAMID PEAK FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PYRAMID PEAK FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of PYRAMID PEAK FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 6 people; 3 received compensation from the organization, the highest $254,023 (Melissa R Russell, CFO/Treasurer).
- How much revenue does PYRAMID PEAK FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $9,028,774, expenses of $25,759,727 and total assets of $150,927,622 at year end.
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- ASSISI FOUNDATION OF MEMPHIS INC EIN 62-1558722 · last filed 990-PF for 2024
All nonprofits in MEMPHIS · Tennessee · Philanthropy, voluntarism and grantmaking foundations