Civic Intelligence

Peace Love Foundation

990 • Fiscal year 2016 • EIN 27-2224246

Jan 01, 2016 to Dec 31, 2016 • Filed on May 11, 2017

999 Main Street 704Pawtucket, RI 02860

(401) 475-9778

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.87x

Higher debt load relative to assets than 93% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

83rd percentile

0.12x

Higher debt load relative to revenue than 83% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

18th percentile

-17%

Higher net margin than 18% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

90th percentile

$42,000

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 9.9% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

11th percentile

-41%

Faster asset growth than 11% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

23rd percentile

-22%

Faster revenue growth than 23% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$57,506

Down $40,339 (-41%) from 2015

Net Assets

Down

$7,506

Down $70,339 (-90%) from 2015

Liabilities

Up

$50,000

Up $30,000 (+150%) from 2015

Revenue

Down

$425,957

Down $117,407 (-22%) from 2015

Expenses

Down

$496,296

Down $73,807 (-13%) from 2015

Net Income

Down

-$70,339

Down $43,600 (-163%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2013: $21,714Liabilities 2013: $5,000Net Assets 2013: $16,7142013Assets 2014: $104,584Liabilities 2014: $0Net Assets 2014: $104,5842014Assets 2015: $97,845Liabilities 2015: $20,000Net Assets 2015: $77,8452015Assets 2016: $57,506Liabilities 2016: $50,000Net Assets 2016: $7,5062016Assets 2017: $61,033Liabilities 2017: $50,000Net Assets 2017: $11,0332017Assets 2018: $72,269Liabilities 2018: $60,000Net Assets 2018: $12,2692018Assets 2019: $193,548Liabilities 2019: $79,470Net Assets 2019: $114,0782019Assets 2020: $165,474Liabilities 2020: $77,117Net Assets 2020: $88,3572020Assets 2021: $386,608Liabilities 2021: $426,806Net Assets 2021: -$40,1982021Assets 2022: $363,829Liabilities 2022: $566,172Net Assets 2022: -$202,3432022Assets 2023: $156,170Liabilities 2023: $614,045Net Assets 2023: -$457,8752023Assets 2024: $84,673Liabilities 2024: $383,862Net Assets 2024: -$299,1892024

Highlighted filing

2016

Assets$57,506
Liabilities$50,000
Net Assets$7,506

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2013: $101,375Expenses 2013: $83,942Net Income 2013: $17,4332013Revenue 2014: $247,586Expenses 2014: $159,716Net Income 2014: $87,8702014Revenue 2015: $543,364Expenses 2015: $570,103Net Income 2015: -$26,7392015Revenue 2016: $425,957Expenses 2016: $496,296Net Income 2016: -$70,3392016Revenue 2017: $514,515Expenses 2017: $510,988Net Income 2017: $3,5272017Revenue 2018: $441,964Expenses 2018: $440,728Net Income 2018: $1,2362018Revenue 2019: $1,066,702Expenses 2019: $929,917Net Income 2019: $136,7852019Revenue 2020: $863,384Expenses 2020: $889,105Net Income 2020: -$25,7212020Revenue 2021: $1,106,373Expenses 2021: $1,234,928Net Income 2021: -$128,5552021Revenue 2022: $1,176,074Expenses 2022: $1,338,219Net Income 2022: -$162,1452022Revenue 2023: $602,743Expenses 2023: $858,275Net Income 2023: -$255,5322023Revenue 2024: $838,057Expenses 2024: $679,371Net Income 2024: $158,6862024

Highlighted filing

2016

Revenue$425,957
Expenses$496,296
Net Income-$70,339
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 11, 2017
Return Version
2016v3.0
Gross Receipts
$425,957
Mission and Program Overview

Mission

The organization is a global movement utilizing creativity and storytelling as tools to improve mental health for all. We provide an easy, low pressure way to find emotional relief through simple creative activities that foster a more joyful journey to peace of mind.

Teaching art classes in hospitals and educational facilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net-$32,577-
Cash and Non-Interest-Bearing Accounts$97,845$24,929▼ $72,916
Total Assets$97,845$57,506▼ $40,339
Liabilities
Other Liabilities$20,000$50,000▲ $30,000
Total Liabilities$20,000$50,000▲ $30,000
Net Assets / Fund Balance
Unrestricted Net Assets$77,845$7,506▼ $70,339
Total Net Assets Fund Balance$77,845$7,506▼ $70,339
Total Liabilities and Net Assets / Fund Balance$97,845$57,506▼ $40,339
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Matthew KaplanOfficer/direPT$42,000$42,000

Board Members and Trustees

NameTitle
Jeffrey M SparrPresident/tr
Brian HarrisBoard Member
Doug UlmanBoard Member
Edward GatesBoard Member
Jason ParkBoard Member
Jim DematteiBoard Member
Larry GoldsteinBoard Member
Mark RowlandBoard Member
Steve HillBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$345,678
Program Service Revenue
$80,279
Investment Income
$0
Other Revenue
$0
All Other Contributions
$345,678
Change in Net Assets
$-70,339

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
Other Non Cash Contri Table3$85,928Fair Market Value
Total Noncash Contributions3$85,928-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$284,419
Salaries, Compensation, and Employee Benefits$211,877
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$140,501--$140,501
Fees for Services Other$75,839--$75,839
Travel$54,368--$54,368
Current Officers, Directors, Trustees, and Key Employees$42,000--$42,000
Occupancy$24,500--$24,500
Payroll Taxes$17,752--$17,752
Office Expenses$5,222$7,658-$12,880
Other Employee Benefits$11,624--$11,624
Fees for Services Accounting-$975-$975
Other Expenses$625$1,769-$625
Fees for Services Legal-$443-$443
Total Functional Expenses$485,451$10,845$0$496,296
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loans Payable$50,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The organization's director reviews the form 990 prior to filing.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents, conflict of interest policy and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Peace Love Foundation
EIN
27-2224246
Phone
4014759778
Address
999 MAIN STREET 704, PAWTUCKET, RI 02860

Signing Officer

Name
Jeffrey M Sparr
Title
President/treasurer
Phone
4014759778
Signed
2017-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffrey M Sparr
Formed
2009
Legal Domicile
Ri
Voting Board Members
10
Independent Board Members
8
Employees
4

Preparer

Firm
Carl Weinberg & Co Llp
Address
300 CENTERVILLE ROAD SUITE 350W, WARWICK, RI 02886-0217
Preparer
Carl Weinberg
Phone
4017376300
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

OUTSIDE LABOR 75,839 0 0

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalProgramServiceRevenueAmt080279
IRS990/TotalReportableCompFromOrgAmt042000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt080279
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0425957
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt097845
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt057506
IRS990/TravelGrp/ProgramServicesAmt054368
IRS990/TravelGrp/TotalAmt054368
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IRS990/UponRequestInd0X
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IRS990/USAddress/ZIPCd002860
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFFREY M SPARR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04014759778
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PEACE LOVE FOUNDATION
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ReturnHeader/Filer/PhoneNum04014759778
ReturnHeader/Filer/USAddress/AddressLine1Txt0999 MAIN STREET 704
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CARL WEINBERG & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0300 CENTERVILLE ROAD SUITE 350W
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WARWICK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0028860217
ReturnHeader/PreparerPersonGrp/PhoneNum04017376300
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CARL WEINBERG
ReturnHeader/ReturnTs02017-05-15T10:55:00-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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