Civic Intelligence

Nakashima Foundation for Peace

990 • Fiscal year 2021 • EIN 23-2366695

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 17, 2022

1847 Aquetong RoadNew Hope, PA 18938

(215) 862-2272

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

97th percentile

89%

Higher net margin than 97% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

87th percentile

51%

Faster asset growth than 87% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

17th percentile

-14%

Faster revenue growth than 17% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,696,897

Up $913,770 (+51%) from 2020

Net Assets

Up

$2,696,897

Up $913,770 (+51%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$1,030,566

Down $172,530 (-14%) from 2020

Expenses

Up

$116,796

Up $9,510 (+8.9%) from 2020

Net Income

Down

$913,770

Down $182,040 (-17%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2015: $269,562Net Assets 2015: $269,5622015Assets 2016: $339,416Net Assets 2016: $339,4162016Assets 2017: $375,704Liabilities 2017: $3Net Assets 2017: $375,7012017Assets 2018: $474,152Liabilities 2018: $430Net Assets 2018: $473,7222018Assets 2019: $687,317Liabilities 2019: $0Net Assets 2019: $687,3172019Assets 2020: $1,783,127Liabilities 2020: $0Net Assets 2020: $1,783,1272020Assets 2021: $2,696,897Liabilities 2021: $0Net Assets 2021: $2,696,8972021Assets 2022: $4,264,784Liabilities 2022: $0Net Assets 2022: $4,264,7842022Assets 2023: $4,403,848Liabilities 2023: $122Net Assets 2023: $4,403,7262023Assets 2024: $4,741,785Liabilities 2024: $363Net Assets 2024: $4,741,4222024

Highlighted filing

2021

Assets$2,696,897
Liabilities$0
Net Assets$2,696,897

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0Revenue 2015: $61,348Expenses 2015: $16,601Net Income 2015: $44,7472015Revenue 2016: $117,805Expenses 2016: $47,951Net Income 2016: $69,8542016Revenue 2017: $191,110Expenses 2017: $154,825Net Income 2017: $36,2852017Revenue 2018: $228,507Expenses 2018: $130,486Net Income 2018: $98,0212018Revenue 2019: $334,285Expenses 2019: $120,690Net Income 2019: $213,5952019Revenue 2020: $1,203,096Expenses 2020: $107,286Net Income 2020: $1,095,8102020Revenue 2021: $1,030,566Expenses 2021: $116,796Net Income 2021: $913,7702021Revenue 2022: $1,804,115Expenses 2022: $236,228Net Income 2022: $1,567,8872022Revenue 2023: $351,666Expenses 2023: $212,724Net Income 2023: $138,9422023Revenue 2024: $547,495Expenses 2024: $209,799Net Income 2024: $337,6962024

Highlighted filing

2021

Revenue$1,030,566
Expenses$116,796
Net Income$913,770
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 17, 2022
Return Version
2021v4.1
Gross Receipts
$2,169,661
Mission and Program Overview

Mission

To promote peace on each of the seven continents of the world

To promote peace on each of the seven continents of the world. To maintain the architecture and the collection of furniture George Nakashima designed and built. To study, uphold, and perpetuate the great spiritual traditions he embraced and integrated into his work. To build Altars of Peace and send them to all parts of the world as ecumenical seeds of Peace planted for all humankind

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,783,127$2,696,897▲ $913,770
Investments in Publicly Traded Securities$1,090,262$1,092,620▲ $2,358
Land, Buildings, and Equipment, Net$126,188$1,040,446▲ $914,258
Cash and Non-Interest-Bearing Accounts$397,943$378,109▼ $19,834
Savings and Temporary Cash Investments$159,134$176,122▲ $16,988
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,783,127$2,696,897▲ $913,770
Other Assets Total$9,600$9,600→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,783,127$2,696,897▲ $913,770
Total Liabilities and Net Assets / Fund Balance$1,783,127$2,696,897▲ $913,770

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$877,600-$877,600
Leasehold Improvements$141,045$11,463$152,508
Other Land Buildings$12,600-$12,600
Equipment$9,201$1,534$10,735
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mira Nakashima YarnallPresident
Jonathan YarnallDirector
John LutzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$982,017
Program Service Revenue
$8,185
Investment Income
$30,234
Other Revenue
$10,130
All Other Contributions
$982,017
Change in Net Assets
$913,770

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Residential1$645,750Appraised DOD Fair Market Value (FMV)
Works of Art1$231,850Appraisal
Total Noncash Contributions2$877,600-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$115,996
Grants and Similar Amounts Paid$800
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy-$12,904-$12,904
Fees for Service Investment Mgmnt Fees-$10,439-$10,439
Fees for Services Legal-$9,710-$9,710
All Other Expenses$833$5,582-$6,415
Depreciation Depletion$3,491$1,650-$5,141
Other Expenses$1,244$3,042-$4,286
Office Expenses-$4,155-$4,155
Information Technology-$1,794-$1,794
Grants to Domestic Orgs$800--$800
Fees for Services Accounting-$215-$215
Advertising$214--$214
Total Functional Expenses$55,792$61,004$0$116,796
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Mira Nakashima Yarnall & Jonathan Yarnall are married.Mira Nakashima Yarnall maintains an ownership in George Nakashima Woodworker SA LTD.All are employed by George Nakashima Woodworker SA LTD.

Form 990, Part VI, Line 11B: Form 990 Review Process

Each member receives a copy and is allowed to review and ask questions related to the Form 990 before filing

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

available upon request

Filing and Contact Details

Filer

Filer Name
Nakashima Foundation for Peace
EIN
23-2366695
Phone
2158622272
Address
1847 AQUETONG ROAD, NEW HOPE, PA 18938

Signing Officer

Name
Mira Nakashima Yarnall
Title
President
Signed
2022-11-17
Discuss with paid preparer
Yes

Organization Details

Formed
1985
Legal Domicile
Pa
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
10

Preparer

Firm
Augenblick & Co PC
Address
4 Market Place, New Hope, PA 18938
Preparer
Brian Snyder CPA
Phone
2158629153
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt08427
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt010725
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt010790
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt077756
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt05480
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt08755
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt039925
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt050544
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0104704
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0900
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt08000
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt05000
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt028939
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt042839
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt040363
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt07451
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt08427
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt010725
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt010790
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt077756
IRS990ScheduleA/InvestmentIncomeCYPct00.03680
IRS990ScheduleA/InvestmentIncomePYPct00.02450
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96320
IRS990ScheduleA/PublicSupportPY509Pct00.97550
IRS990ScheduleA/PublicSupportTotal509Amt02032474
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0112602
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01195645
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0325858
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0218049
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0180320
IRS990ScheduleA/Total509Grp/TotalAmt02032474
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0152965
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01203096
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0334285
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0228774
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0191110
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02110230
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/AssetsIncludedAmt0290750
IRS990ScheduleD/BuildingsGrp/BookValueAmt0877600
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0877600
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt09201
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01534
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt010735
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0141045
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt011463
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0152508
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt012600
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt012600
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01040446
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/RealEstateResidentialGrp/ContributionCnt01
IRS990ScheduleM/RealEstateResidentialGrp/MethodOfDeterminingRevenuesTxt0Appraised DOD FMV
IRS990ScheduleM/RealEstateResidentialGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateResidentialGrp/NoncashContributionsRptF990Amt0645750
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990ScheduleM/WorksOfArtGrp/ContributionCnt01
IRS990ScheduleM/WorksOfArtGrp/MethodOfDeterminingRevenuesTxt0Appraisal
IRS990ScheduleM/WorksOfArtGrp/NonCashCheckboxInd0X
IRS990ScheduleM/WorksOfArtGrp/NoncashContributionsRptF990Amt0231850
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Mira Nakashima Yarnall & Jonathan Yarnall are married.Mira Nakashima Yarnall maintains an ownership in George Nakashima Woodworker SA LTD.All are employed by George Nakashima Woodworker SA LTD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Each member receives a copy and is allowed to review and ask questions related to the Form 990 before filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2available upon request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0232061822
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0S CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0MANUFACTURE/SALES
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0GEORGE NAKASHIMA WOODWORK SA LTD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt01847 AQUETONG ROAD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0NEW HOPE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd018938
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0GEORGE NAKASHIMA WOODWORK SA LTD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0232061822
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MANUFACTURE/SALES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01847 AQUETONG ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NEW HOPE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd018938
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0true
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt073176
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0Cash received
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0GEORGE NAKASHIMA WOODWORK SA LTD

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