Skip to the page content
Your donations
Passes our checks

Peace Peloton

EIN 85-1859425 · Seattle, WA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak40 out of 100GovernanceFair56 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • Raising each dollar of donations cost 96 cents.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

Promote community and minority business enterprises through cycling events.

Income
$148,171
Spending
$221,136
Spent on programs
74%
Reserves
3.1 months of spending
Largest source of income
fees for its services, 79%
Employees
1
Volunteers
50
Highest pay
$95,000, president

Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 40 out of 100. Higher than 14% of charities in its peer group (community improvement, under $250k).

  • Reserves

    20 of 35

    Spendable reserves would cover 3.1 months of spending.

  • Debt

    20 of 20

    It owes 2% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 49% of income.

  • Income trend

    0 of 15

    Income fell 33% on the year before.

  • Spending floor

    0 of 15

    74% of spending went to programs and raising each dollar of donations cost 96 cents.

Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 56 out of 100. Higher than 34% of charities in its peer group (community improvement, under $250k).

  • Independent board

    18 of 25

    2 of 3 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $164,139 spent. Entrepreneurship & Market Access - (Columbia City Night Market and RootedGrowth Accelerator)Peace Peloton advances economic equity by providing emerging entrepreneursespecially those with Black ownershipaccess to markets, customers, and capital. In 2024, the Columbia City Night Market hosted 12 events, attracting over 12,000 visitors and featuring 523 vendor appearances by 232 small businesses. Approximately 47% of vendors returned for multiple markets, and 124 used the event as their first-ever sales channel. Estimated vendor sales totaled $220,000$375,000.The RootedGrowth Accelerator graduated its second cohort of five entrepreneurs who completed eight modules covering operations, marketing, and finance. To date, 17 businesses have graduated, with 15 selling in PCC Community Markets and 12 expanding into additional outlets. In 2024, participants sold 42,000 units, earned $385,000 in revenue, and established 27 new retail partnerships. Together, these programs strengthen local economies by helping new founders gain skills, visibility, and sustainable revenue streams.
  2. Community Engagement & Economic Mobility - (Fresh Air Rides and Summit 2 Sound)Peace Peloton transforms recreation into a tool for economic mobility and social connection. The Fresh Air Ride Series hosted five inclusive cycling events in 2024 with over 600 participants riding 7,200 miles. Each ride featured and supported seven Black-owned businesses, generating approximately $18,000 in direct vendor and retail revenue.The organization's signature endurance event, Summit 2 Sound, spanned 81 miles from Snoqualmie Summit to Seattle's waterfront, engaging 200 participants and raising $30,000 in registration revenue reinvested into community programs. These events build awareness and customer bases for local entrepreneurs while promoting physical health and collective economic action. Peace Peloton demonstrates that movement and commerce can work together to build stronger, more connected neighborhoods.
  3. Fundraising & Ecosystem Building - (Harmony Hustle Annual Event)Peace Peloton's Harmony Hustle is an annual fundraiser celebrating creativity, entrepreneurship, and community investment. In 2024, it raised $60,500 through a mix of corporate sponsorships, ticket sales, silent auctions, and "Raise the Paddle" contributions. The event featured the Rooted Pitch Competition, awarding $5,000 in reimbursable business funding to emerging entrepreneurs.Harmony Hustle redefines traditional fundraising through immersive experiencesinviting donors to engage directly with program participants via product demos and storytelling. This approach strengthens donor relationships, showcases tangible impact, and supports Peace Peloton's mission to create self-sustaining, community-driven systems of economic empowerment. The event has evolved into a key annual platform advancing both organizational sustainability and regional entrepreneurship.

Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending March 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 2021.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.