Civic Intelligence

Physicians for Peace

990 • Fiscal year 2025 • EIN 54-1532165

Jul 01, 2024 to Jun 30, 2025 • Filed on Sep 16, 2025

Organization ProfileWWW.PHYSICIANSFORPEACE.ORG

View Organization Page

520 West 21st Street G2103Norfolk, VA 23517

(757) 943-9625

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.09x

Higher debt load relative to assets than 82% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

80th percentile

0.04x

Higher debt load relative to revenue than 80% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

39th percentile

-1.1%

Higher net margin than 39% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

99th percentile

$162,927

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 32.6% of source-year revenue.

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

28th percentile

-12%

Faster asset growth than 28% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

27th percentile

-16%

Faster revenue growth than 27% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Down

$217,214

Down $227,623 (-51%) from 2023

Net Assets

Down

$197,590

Down $192,799 (-49%) from 2023

Liabilities

Down

$19,624

Down $34,824 (-64%) from 2023

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin39th percentile

Revenue

Down

$499,826

Down $178,701 (-26%) from 2023

Expenses

Down

$505,106

Down $701,019 (-58%) from 2023

Net Income

Up

-$5,280

Up $522,318 (+99%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth28th percentile

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

$20M$15M$10M$5.0M$0Assets 2011: $9,741,529Liabilities 2011: $146,915Net Assets 2011: $9,594,6142011Assets 2012: $17,799,565Liabilities 2012: $122,054Net Assets 2012: $17,677,5112012Assets 2013: $11,661,749Liabilities 2013: $141,977Net Assets 2013: $11,519,7722013Assets 2014: $9,392,859Liabilities 2014: $108,066Net Assets 2014: $9,284,7932014Assets 2015: $4,759,902Liabilities 2015: $71,855Net Assets 2015: $4,688,0472015Assets 2016: $3,359,436Liabilities 2016: $28,501Net Assets 2016: $3,330,9352016Assets 2017: $2,710,447Liabilities 2017: $72,564Net Assets 2017: $2,637,8832017Assets 2018: $2,035,335Liabilities 2018: $40,516Net Assets 2018: $1,994,8192018Assets 2019: $1,703,189Liabilities 2019: $37,282Net Assets 2019: $1,665,9072019Assets 2022: $961,723Liabilities 2022: $43,736Net Assets 2022: $917,9872022Assets 2023: $444,837Liabilities 2023: $54,448Net Assets 2023: $390,3892023Assets 2025: $217,214Liabilities 2025: $19,624Net Assets 2025: $197,5902025

Highlighted filing

2025

Assets$217,214
Liabilities$19,624
Net Assets$197,590
Open 2025 Filing

Operations Trend

Revenue Growth27th percentile

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

$15M$10M$5.0M$0-$5.0M-$10MExpenses 2011: $11,008,2002011Expenses 2012: $9,941,2552012Revenue 2013: $5,443,760Expenses 2013: $11,694,883Net Income 2013: -$6,251,1232013Revenue 2014: $1,685,522Expenses 2014: $3,886,029Net Income 2014: -$2,200,5072014Revenue 2015: $2,572,931Expenses 2015: $6,765,193Net Income 2015: -$4,192,2622015Revenue 2016: $523,185Expenses 2016: $1,851,262Net Income 2016: -$1,328,0772016Revenue 2017: $431,982Expenses 2017: $1,059,930Net Income 2017: -$627,9482017Revenue 2018: $278,576Expenses 2018: $920,431Net Income 2018: -$641,8552018Revenue 2019: $479,482Expenses 2019: $828,007Net Income 2019: -$348,5252019Revenue 2022: $696,377Expenses 2022: $1,009,689Net Income 2022: -$313,3122022Revenue 2023: $678,527Expenses 2023: $1,206,125Net Income 2023: -$527,5982023Revenue 2025: $499,826Expenses 2025: $505,106Net Income 2025: -$5,2802025

Highlighted filing

2025

Revenue$499,826
Expenses$505,106
Net Income-$5,280
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Sep 16, 2025
Return Version
2024v5.1
Gross Receipts
$499,826
Mission and Program Overview

Mission

Physicians for peace trains providers of surgical care to strengthen healthcare systems in the world's most fragile places.

Physicians for peace trains doctors, nurses and therapists working in developing regions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$205,873$113,555▼ $92,318
Cash and Non-Interest-Bearing Accounts$39,595$103,659▲ $64,064
Investments in Publicly Traded Securities$97--
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities$0--
Investments Program Related$0--
Land, Buildings, and Equipment, Net-$0-
Loans From Officers Directors-$0-
Total Assets$245,565$217,214▼ $28,351
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$42,695$19,624▼ $23,071
Other Liabilities$0$0→ $0
Total Liabilities$42,695$19,624▼ $23,071
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$168,619$167,302▼ $1,317
Net Assets With Donor Restrictions$34,251$30,288▼ $3,963
Total Net Assets Fund Balance$202,870$197,590▼ $5,280
Total Liabilities and Net Assets / Fund Balance$245,565$217,214▼ $28,351
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
James MorganCEO (thru 9/24)FT$134,521$28,406$162,927
Mary Jeanie DanielAccounting ManagerPT$39,694$2,896$42,590

Board Members and Trustees

NameTitle
John T Schulz III MDBoard Chair
Cynthia Romero MDBoard Vice-Chair
Jennifer BarkerBoard Secretary
Shemaine Rose CPABoard Treasurer
Atul Grover MDDirector
Carolyn RamwellDirector
Edwin BurkettDirector
Jennifer Schlener-ThomasDirector
Serena KeithDirector
Sowmya MurthyDirector
Richard AustinSpecial Advisor to the Board of Directors
Revenue and Support

Revenue Composition

Contributions and Grants
$499,818
Program Service Revenue
$0
Investment Income
$8
Other Revenue
$0
All Other Contributions
$362,734
Change in Net Assets
$-5,280
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$309,532
Total Fundraising Expense$124,269
Grants and Similar Amounts Paid$122,520
Other Expenses$73,054
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$84,868$12,293$71,546$168,707
Foreign Grants$122,520--$122,520
Current Officers, Directors, Trustees, and Key Employees$45,895$31,208$14,686$91,789
Other Employee Benefits$21,870$4,486$13,945$40,301
Fees for Services Other$12,674$1,662$7,374$21,710
Travel$11,728$183$520$12,431
Fees for Services Accounting-$9,155-$9,155
Pension Plan Contributions$4,345$787$3,603$8,735
Insurance$4,248$769$2,189$7,206
Information Technology$2,844$739$2,104$5,687
Fees for Services Legal$2,360$614$1,746$4,720
Office Expenses$3,589$-4,208$2,656$2,037
Interest-$1,066-$1,066
Other Expenses-$5,142$668$668
Total Functional Expenses$316,941$63,896$124,269$505,106
International Activity

International Summary

Offices
0
Employees
0
Spending
$134,836

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Sub-Saharan AfricaProgram ServicesHands on Medical Education & Training, Clinical Care & Donated Medical Supplies.00$131,657
South AmericaProgram ServicesHands on Medical Education & Training, Clinical Care & Donated Medical Supplies.00$1,897
Central America and the CaribbeanProgram ServicesHands on Medical Education & Training, Clinical Care & Donated Medical Supplies.00$1,282
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
Loans from Officers, Directors, Trustees, and Key Employees-$0-
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
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
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 11B Review of form 990 by governing body

“The 990 is reviewed by ceo and financial staff for accuracy and then sent to the full board for review prior to filing.”

Form 990, Part VI, Line 12C Conflict of interest policy

“Members of the board of directors review and update their responses to the conflict of interest policy on an annual basis.”

Form 990, Part VI, Line 15A Process to establish compensation of top management official

“The executive committee evaluates the performance of the ceo annually prior to renewal of their contract. The ceo evaluates key employees and their respective annual compensation amount. The executive committee determines annual compensation for the ceo.”

Form 990, Part VI, Line 15B Process to establish compensation of other employees

“The executive committee evaluates the performance of the ceo annually prior to renewal of their contract. The ceo evaluates key employees and their respective annual compensation amount. The executive committee determines annual compensation for the ceo.”

Form 990, Part VI, Line 19 Required documents available to the public

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

Filing and Contact Details

Filer

Filer Name
Physicians For Peace
EIN
54-1532165
Phone
7579439625
Address
520 WEST 21ST STREET G2103, NORFOLK, VA 23517

Signing Officer

Name
John T Schulz III MD
Title
Chair
Phone
7579439625
Signed
2025-09-16
Discuss with paid preparer
Yes

Organization Details

Formed
1989
Legal Domicile
Va
Voting Board Members
9
Independent Board Members
9
Employees
4
Volunteers
12

Preparer

Firm
Forvis Mazars LLP
Address
500 Ridgefield Court, Asheville, NC 28806
Preparer
Amy Bibby
Phone
8282542254
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A-4C Description of program services

“(Expenses $ 7,982 including grants of $ 7,982) Central to Physicians for Peace's commitment to improving access to safe, timely surgical care is a collaboration with Queen Elizabeth Central Hospital to address Malawi's shortage of anesthesia providers, recognizing it as a central limiting factor to perioperative care. We provide sponsorships for anesthesiology trainees along with training and mentoring for future anesthesia providers and clinical officers, to expand the country's workforce and strengthen clinical leadership.”

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IRS990/MissionDesc0PHYSICIANS FOR PEACE TRAINS PROVIDERS OF SURGIAL CARE TO STRENGTHEN HEALTHCARE SYSTEMS IN THE WORLD'S MOST FRAGILE PLACES.
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IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0John T Schulz III MD
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IRS990/ProgSrvcAccomActy2Grp/Desc0In keeping with a decade of support for surgical education and training at Queen Elizabeth Central Hospital (QECH) in Blantyre, Malawi, Physicians for Peace offers a scholarship opportunity to trainees in either general surgery or anaesthesia who will contribute to expansion of the country's surgical capacity and medical leadership.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt045031
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IRS990/ProgSrvcAccomActy3Grp/Desc0The burn surgery program implemented by Physicians for Peace exists to provide essential skills and training that contributes to greater access to quality healthcare in under-resourced areas of the world. Because burns are lifetime injuries, requiring dedicated medical care for years after the initial injury, PFP International Medical Educators (IMEs) provide training and mentorship to an array of healthcare providers, including surgeons, nurses, therapists and psychologists, who care for patients with burn injuries at different stages of their recovery.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt016384
IRS990/ProgSrvcAccomActy3Grp/GrantAmt015391
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Central to Physicians for Peace's commitment to improving access to safe, timely surgical care is a collaboration with Queen Elizabeth Central Hospital to address Malawi's shortage of anesthesia providers, recognizing it as a central limiting factor to perioperative care. We provide sponsorships for anesthesiology trainees along with training and mentoring for future anesthesia providers and clinical officers, to expand the country's workforce and strengthen clinical leadership.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt02020 IS BASED ON THE SHORT YEAR 1/1/21-6/30/21; 2021-2024 ARE BASED ON FISCAL YEAR ENDING 6/30
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II SHORT YEAR EXPLANATION
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Sub-Saharan Africa
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1Central America and the Caribbean
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2South America
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0HANDS ON MEDICAL EDUCATION & TRAINING, CLINICAL CARE & DONATED MEDICAL SUPPLIES.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$217,214
Liabilities
$19,624
Net assets
$197,590
Revenue
$499,826
Expenses
$505,106
Net income
-$5,280
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.02$0.20$0.50$0.51$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.05$0.39$0.68$1.21$0.53
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$0.04$0.92$0.70$1.01$0.31
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.70$0.04$1.67$0.48$0.83$0.35
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.04$0.04$1.99$0.28$0.92$0.64
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.71$0.07$2.64$0.43$1.06$0.63
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.36$0.03$3.33$0.52$1.85$1.33
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.76$0.07$4.69$2.57$6.77$4.19
2014Detailed filing. Detailed filing data is available for this year.$9.39$0.11$9.28$1.69$3.89$2.20
2013Detailed filing. Detailed filing data is available for this year.$11.7$0.14$11.5$5.44$11.7$6.25
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.8$0.12$17.7$9.94
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.74$0.15$9.59$11.0
Peer Organizations

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