Civic Intelligence

Peace Love Foundation

990 • Fiscal year 2019 • EIN 27-2224246

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 30, 2020

999 Main Street 708Pawtucket, RI 02860

(401) 475-9778

Siviq Scores

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

Liabilities / Assets

78th percentile

0.41x

Higher debt load relative to assets than 78% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

47th percentile

0.07x

Higher debt load relative to revenue than 47% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

69th percentile

13%

Higher net margin than 69% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$62,600

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 5.9% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

97th percentile

168%

Faster asset growth than 97% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

95th percentile

141%

Faster revenue growth than 95% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$193,548

Up $121,279 (+168%) from 2018

Net Assets

Up

$114,078

Up $101,809 (+830%) from 2018

Liabilities

Up

$79,470

Up $19,470 (+32%) from 2018

Revenue

Up

$1,066,702

Up $624,738 (+141%) from 2018

Expenses

Up

$929,917

Up $489,189 (+111%) from 2018

Net Income

Up

$136,785

Up $135,549 (+10967%) from 2018

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

2019

Assets$193,548
Liabilities$79,470
Net Assets$114,078

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

2019

Revenue$1,066,702
Expenses$929,917
Net Income$136,785
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 30, 2020
Return Version
2019v5.0
Gross Receipts
$1,066,702
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.

Peacelove gives people an easy, low-pressure way to find emotional relief through creative activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$37,292$127,305▲ $90,013
Accounts Receivable-$57,512-
Other Notes and Loans Receivable, Net$34,977--
Inventories for Sale or Use-$7,508-
Prepaid Expenses and Deferred Charges-$1,223-
Total Assets$72,269$193,548▲ $121,279
Liabilities
Other Liabilities$60,000$50,000▼ $10,000
Accounts Payable and Accrued Expenses-$29,470-
Total Liabilities$60,000$79,470▲ $19,470
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,269$114,078▲ $101,809
Total Net Assets Fund Balance$12,269$114,078▲ $101,809
Total Liabilities and Net Assets / Fund Balance$72,269$193,548▲ $121,279
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Matthew KaplanOfficerFT$62,600$62,600
Jeffrey M SparrOfficerFT$25,810$25,810

Board Members and Trustees

NameTitle
Doug UlmanBoard Member
Edward GatesBoard Member
Larry GoldsteinBoard Member
Liz FeldBoard Member
Matt LoweBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$1,022,328
Program Service Revenue
$44,350
Investment Income
$24
Other Revenue
$0
All Other Contributions
$1,022,328
Change in Net Assets
$136,785

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,066,702
Total Revenue per Audited Statements
$1,066,702
Total Revenue per Form 990
$1,066,702
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$499,255
Salaries, Compensation, and Employee Benefits$430,662
Total Fundraising Expense$133,466
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$260,897$37,457$66,054$364,408
Fees for Services Other$131,386$31,860$33,264$196,510
Travel$34,517-$11,506$46,023
Occupancy$33,188$5,753$4,757$43,698
Office Expenses$37,514$2,884$2,385$42,783
Payroll Taxes$23,481$5,694$5,945$35,120
Current Officers, Directors, Trustees, and Key Employees-$25,810-$25,810
Conferences and Meetings$4,961-$1,654$6,615
Other Expenses$5,500$1,103$7,000$6,603
Fees for Services Accounting-$5,365-$5,365
Other Employee Benefits$3,560$863$901$5,324
Insurance-$4,651-$4,651
Fees for Services Legal-$2,500-$2,500
All Other Expenses$1,095--$1,095
Total Functional Expenses$667,531$128,920$133,466$929,917

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$929,917
Total Expenses per Audited Statements$929,917
Total Expenses per Form 990$929,917
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
Annual disclosure for covered persons
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, Page 6, Part VI, Line 11B

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

Form 990, Page 6, Part VI, Line 12C

The organization's director regularly and consistently monitors and enforces compliance with the conflict of interest policy.

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
Peacelove Foundation
EIN
27-2224246
Phone
4014759778
Address
999 MAIN STREET 708, PAWTUCKET, RI 02860

Signing Officer

Name
Jeffrey M Sparr
Title
Officer
Phone
4014759778
Signed
2020-09-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffrey M Sparr
Formed
2009
Legal Domicile
Ri
Voting Board Members
4
Independent Board Members
4
Employees
11

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 - ORGANIZATION'S 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.

Form 990, Page 2, Part III, Line 4A

The organization trained 153 creators (frontline professionals) to deliver our core curriculum expanding our reach to over 70,000 individuals who have been touched by our life-changing creative activities. An independent study revealed the 80% of particiapnts want more peacelove. In partnership with radical hope we conducted an evaluation to measure the effectiveness of our six core workshops. Using universally applied scales to measure certain program features, the evaluation provided quantitative and qualitative evidence of a strong positive workshop experience for both participants and creators. Global averages of 1-5 point scores and analysis of word association frequency data provide strong, consistent evidence that participants and creators are benefiting from peacelove workshops. Of the 943 participant surveys collected, 4 out of 5 participants provided a positive impact rating, and 80% of participants requested additional peacelove workshops. Impact story - dreaming in the hospital i was asked to see this patient because he was having a difficult time coping with being in the hospital. His brother had a traumatic amputation months before, so this patient was having an especially hard time being in the hospital. The longer the patient stayed, the more anxious he got. My first workshop with him was creative calisthenics. The nurses were excited that the patient was encouraged to use both hands to paint, as he had been refusing up to this point. At first, it looked like the patient was just mixing the paint and plopping globs on his canvas. But, as he got further in the process, he started to sweep the paint back and forth across the canvas. He named it the ocean. The next day, the mother shared that she and her son had the best nights sleep ever in the hospital. She shared that the patient woke up dreaming he was in the ocean, where it was warm like a bathtub. He woke up relaxed and smiling it had emotionally changed things for both of them. They both woke up happy and more positive. He was supposed to be in the hospital for another week, but the patient continued to progress and was able to be discharged two days later - creator traci

Form 990, Part IX, Line 11G

Outside labor 131,386 31,860 33,264

Form 990, Page 12, Part XII, Line 1

Chaged from cash to accrual

Raw XML Appendix385 raw XML fields

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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IRS990/Desc0THE ORGANIZATION TRAINED 153 CREATORS (FRONTLINE PROFESSIONALS) TO DELIVER OUR CORE CURRICULUM EXPANDING OUR REACH TO OVER 70,000 INDIVIDUALS WHO HAVE BEEN TOUCHED BY OUR LIFE-CHANGING CREATIVE ACTIVITIES. AN INDEPENDENT STUDY REVEALED THE 80% OF PARTICIAPNTS WANT MORE PEACELOVE. IN PARTNERSHIP WITH RADICAL HOPE WE CONDUCTED AN EVALUATION TO MEASURE THE EFFECTIVENESS OF OUR SIX CORE WORKSHOPS. USING UNIVERSALLY APPLIED SCALES TO MEASURE CERTAIN PROGRAM FEATURES, THE EVALUATION PROVIDED QUANTITATIVE AND QUALITATIVE EVIDENCE OF A STRONG POSITIVE WORKSHOP EXPERIENCE FOR BOTH PARTICIPANTS AND CREATORS. GLOBAL AVERAGES OF 1-5 POINT SCORES AND ANALYSIS OF WORD ASSOCIATION FREQUENCY DATA PROVIDE STRONG, CONSISTENT EVIDENCE THAT PARTICIPANTS AND CREATORS ARE BENEFITING FROM PEACELOVE WORKSHOPS. OF THE 943 PARTICIPANT SURVEYS COLLECTED, 4 OUT OF 5 PARTICIPANTS PROVIDED A POSITIVE IMPACT RATING, AND 80% OF PARTICIPANTS REQUESTED ADDITIONAL PEACELOVE WORKSHOPS. IMPACT STORY - DREAMING IN THE HOSPITAL I WAS ASKED TO SEE THIS PATIENT BECAUSE HE WAS HAVING A DIFFICULT TIME COPING WITH BEING IN THE HOSPITAL. HIS BROTHER HAD A TRAUMATIC AMPUTATION MONTHS BEFORE, SO THIS PATIENT WAS HAVING AN ESPECIALLY HARD TIME BEING IN THE HOSPITAL. THE LONGER THE PATIENT STAYED, THE MORE ANXIOUS HE GOT. MY FIRST WORKSHOP WITH HIM WAS CREATIVE CALISTHENICS. THE NURSES WERE EXCITED THAT THE PATIENT WAS ENCOURAGED TO USE BOTH HANDS TO PAINT, AS HE HAD BEEN REFUSING UP TO THIS POINT. AT FIRST, IT LOOKED LIKE THE PATIENT WAS JUST MIXING THE PAINT AND PLOPPING GLOBS ON HIS CANVAS. BUT, AS HE GOT FURTHER IN THE PROCESS, HE STARTED TO SWEEP THE PAINT BACK AND FORTH ACROSS THE CANVAS. HE NAMED IT THE OCEAN. THE NEXT DAY, THE MOTHER SHARED THAT SHE AND HER SON HAD THE BEST NIGHTS SLEEP EVER IN THE HOSPITAL. SHE SHARED THAT THE PATIENT WOKE UP DREAMING HE WAS IN THE OCEAN, WHERE IT WAS WARM LIKE A BATHTUB. HE WOKE UP RELAXED AND SMILING IT HAD EMOTIONALLY CHANGED THINGS FOR BOTH OF THEM. THEY BOTH WOKE UP HAPPY AND MORE POSITIVE. HE WAS SUPPOSED TO BE IN THE HOSPITAL FOR ANOTHER WEEK, BUT THE PATIENT CONTINUED TO PROGRESS AND WAS ABLE TO BE DISCHARGED TWO DAYS LATER - CREATOR TRACI
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION TRAINED 153 CREATORS (FRONTLINE PROFESSIONALS) TO DELIVER OUR CORE CURRICULUM EXPANDING OUR REACH TO OVER 70,000 INDIVIDUALS WHO HAVE BEEN TOUCHED BY OUR LIFE-CHANGING CREATIVE ACTIVITIES. AN INDEPENDENT STUDY REVEALED THE 80% OF PARTICIAPNTS WANT MORE PEACELOVE. IN PARTNERSHIP WITH RADICAL HOPE WE CONDUCTED AN EVALUATION TO MEASURE THE EFFECTIVENESS OF OUR SIX CORE WORKSHOPS. USING UNIVERSALLY APPLIED SCALES TO MEASURE CERTAIN PROGRAM FEATURES, THE EVALUATION PROVIDED QUANTITATIVE AND QUALITATIVE EVIDENCE OF A STRONG POSITIVE WORKSHOP EXPERIENCE FOR BOTH PARTICIPANTS AND CREATORS. GLOBAL AVERAGES OF 1-5 POINT SCORES AND ANALYSIS OF WORD ASSOCIATION FREQUENCY DATA PROVIDE STRONG, CONSISTENT EVIDENCE THAT PARTICIPANTS AND CREATORS ARE BENEFITING FROM PEACELOVE WORKSHOPS. OF THE 943 PARTICIPANT SURVEYS COLLECTED, 4 OUT OF 5 PARTICIPANTS PROVIDED A POSITIVE IMPACT RATING, AND 80% OF PARTICIPANTS REQUESTED ADDITIONAL PEACELOVE WORKSHOPS. IMPACT STORY - DREAMING IN THE HOSPITAL I WAS ASKED TO SEE THIS PATIENT BECAUSE HE WAS HAVING A DIFFICULT TIME COPING WITH BEING IN THE HOSPITAL. HIS BROTHER HAD A TRAUMATIC AMPUTATION MONTHS BEFORE, SO THIS PATIENT WAS HAVING AN ESPECIALLY HARD TIME BEING IN THE HOSPITAL. THE LONGER THE PATIENT STAYED, THE MORE ANXIOUS HE GOT. MY FIRST WORKSHOP WITH HIM WAS CREATIVE CALISTHENICS. THE NURSES WERE EXCITED THAT THE PATIENT WAS ENCOURAGED TO USE BOTH HANDS TO PAINT, AS HE HAD BEEN REFUSING UP TO THIS POINT. AT FIRST, IT LOOKED LIKE THE PATIENT WAS JUST MIXING THE PAINT AND PLOPPING GLOBS ON HIS CANVAS. BUT, AS HE GOT FURTHER IN THE PROCESS, HE STARTED TO SWEEP THE PAINT BACK AND FORTH ACROSS THE CANVAS. HE NAMED IT THE OCEAN. THE NEXT DAY, THE MOTHER SHARED THAT SHE AND HER SON HAD THE BEST NIGHTS SLEEP EVER IN THE HOSPITAL. SHE SHARED THAT THE PATIENT WOKE UP DREAMING HE WAS IN THE OCEAN, WHERE IT WAS WARM LIKE A BATHTUB. HE WOKE UP RELAXED AND SMILING IT HAD EMOTIONALLY CHANGED THINGS FOR BOTH OF THEM. THEY BOTH WOKE UP HAPPY AND MORE POSITIVE. HE WAS SUPPOSED TO BE IN THE HOSPITAL FOR ANOTHER WEEK, BUT THE PATIENT CONTINUED TO PROGRESS AND WAS ABLE TO BE DISCHARGED TWO DAYS LATER - CREATOR TRACI
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S DIRECTOR REVIEWS THE FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S DIRECTOR REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OUTSIDE LABOR 131,386 31,860 33,264
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CHAGED FROM CASH TO ACCRUAL
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 12, PART XII, LINE 1
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ReturnHeader/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0JEFFREY M SPARR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum04014759778
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PEACELOVE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0PEAC
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ReturnHeader/Filer/PhoneNum04014759778
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ReturnHeader/FilingSecurityInformation/IPDt02020-10-02
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ReturnHeader/FilingSecurityInformation/IPTm007:41:14
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0050401635
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CARL WEINBERG & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0300 CENTERVILLE ROAD SUITE 350W
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WARWICK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
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ReturnHeader/PreparerPersonGrp/PhoneNum04017376300
ReturnHeader/PreparerPersonGrp/PreparationDt02020-09-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CARL WEINBERG
ReturnHeader/ReturnTs02020-10-02T07:41:14-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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