Civic Intelligence

Peacework Development Fund Inc.

990 • Fiscal year 2021 • EIN 54-1621784

Feb 01, 2020 to Jan 31, 2021 • Filed on Dec 13, 2021

620 N Main StBlacksburg, VA 24060

(540) 230-8581

Siviq Scores

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

Liabilities / Assets

95th percentile

1.13x

Higher debt load relative to assets than 95% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

88th percentile

0.36x

Higher debt load relative to revenue than 88% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

24th percentile

-11%

Higher net margin than 24% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

10th percentile

-41%

Faster asset growth than 10% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

10th percentile

-71%

Faster revenue growth than 10% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$130,424

Down $90,762 (-41%) from 2020

Net Assets

Down

-$17,202

Down $45,360 (-161%) from 2020

Liabilities

Down

$147,626

Down $45,402 (-24%) from 2020

Revenue

Down

$410,361

Down $1,014,096 (-71%) from 2020

Expenses

Down

$455,721

Down $780,146 (-63%) from 2020

Net Income

Down

-$45,360

Down $233,950 (-124%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2011: $5,385Liabilities 2011: $138,000Net Assets 2011: -$132,6152011Assets 2012: $77,243Liabilities 2012: $140,000Net Assets 2012: -$62,7572012Assets 2013: $22,452Liabilities 2013: $100,000Net Assets 2013: -$77,5482013Assets 2014: $78,666Liabilities 2014: $124,189Net Assets 2014: -$45,5232014Assets 2015: $53,963Liabilities 2015: $312,285Net Assets 2015: -$258,3222015Assets 2016: $64,421Liabilities 2016: $330,949Net Assets 2016: -$266,5282016Assets 2017: $313,395Liabilities 2017: $673,089Net Assets 2017: -$359,6942017Assets 2018: $477,667Liabilities 2018: $608,599Net Assets 2018: -$130,9322018Assets 2019: $160,603Liabilities 2019: $321,035Net Assets 2019: -$160,4322019Assets 2020: $221,186Liabilities 2020: $193,028Net Assets 2020: $28,1582020Assets 2021: $130,424Liabilities 2021: $147,626Net Assets 2021: -$17,2022021Assets 2022: $176,982Liabilities 2022: $140,018Net Assets 2022: $36,9642022Assets 2023: $150,192Liabilities 2023: $190,575Net Assets 2023: -$40,3832023Assets 2024: $159,892Liabilities 2024: $202,928Net Assets 2024: -$43,0362024Assets 2025: $64,032Liabilities 2025: $192,739Net Assets 2025: -$128,7072025

Highlighted filing

2021

Assets$130,424
Liabilities$147,626
Net Assets-$17,202

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,178,946Expenses 2011: $1,136,224Net Income 2011: $42,7222011Revenue 2012: $1,865,142Expenses 2012: $1,795,284Net Income 2012: $69,8582012Revenue 2013: $1,813,131Expenses 2013: $1,829,055Net Income 2013: -$15,9242013Revenue 2014: $2,349,658Expenses 2014: $1,958,040Net Income 2014: $391,6182014Revenue 2015: $2,035,842Expenses 2015: $1,718,331Net Income 2015: $317,5112015Revenue 2016: $2,254,658Expenses 2016: $2,262,864Net Income 2016: -$8,2062016Revenue 2017: $1,627,825Expenses 2017: $1,720,991Net Income 2017: -$93,1662017Revenue 2018: $1,670,830Expenses 2018: $1,442,068Net Income 2018: $228,7622018Revenue 2019: $1,323,819Expenses 2019: $1,353,319Net Income 2019: -$29,5002019Revenue 2020: $1,424,457Expenses 2020: $1,235,867Net Income 2020: $188,5902020Revenue 2021: $410,361Expenses 2021: $455,721Net Income 2021: -$45,3602021Revenue 2022: $359,147Expenses 2022: $316,326Net Income 2022: $42,8212022Revenue 2023: $384,189Expenses 2023: $428,072Net Income 2023: -$43,8832023Revenue 2024: $626,000Expenses 2024: $628,653Net Income 2024: -$2,6532024Revenue 2025: $806,892Expenses 2025: $892,563Net Income 2025: -$85,6712025

Highlighted filing

2021

Revenue$410,361
Expenses$455,721
Net Income-$45,360
Jump To
Filing Snapshot
Filing Period
Feb 1, 2020 to Jan 31, 2021
Signed
Dec 13, 2021
Return Version
2020v4.1
Gross Receipts
$410,361
Mission and Program Overview

Mission

Creating and managing service program international development, education, and service on behalf of educational institutions, community-based organizations, and corporations in developing communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$201,228$122,165▼ $79,063
Accounts Receivable$19,958--
Receivables From Officers Etc-$8,259-
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$221,186$130,424▼ $90,762
Liabilities
Mortgage Notes Payable Secured by Investment Property$76,081$117,227▲ $41,146
Deferred Revenue$75,965$0▼ $75,965
Unsecured Notes Loans Payable-$27,500-
Accounts Payable and Accrued Expenses$40,982$2,899▼ $38,083
Total Liabilities$193,028$147,626▼ $45,402
Net Assets / Fund Balance
Net Assets With Donor Restrictions$180,124$100,781▼ $79,343
Net Assets Without Donor Restrictions$-151,966$-117,983▲ $33,983
Total Net Assets Fund Balance$28,158$-17,202▼ $45,360
Total Liabilities and Net Assets / Fund Balance$221,186$130,424▼ $90,762

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$15,350$15,350
Land$0--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Patricia WilbournePresident
Anthony SongerDirector
Karla GillDirector
Doug WilbourneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$53,037
Program Service Revenue
$357,308
Investment Income
$16
Other Revenue
$0
All Other Contributions
$47,037
Change in Net Assets
$-45,360
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$336,284
Salaries, Compensation, and Employee Benefits$119,437
Total Fundraising Expense$4,740
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$199,008$55,958$0$254,966
Other Salaries and Wages$0$87,923$0$87,923
Fees for Services Management$0$50,286$0$50,286
Payroll Taxes$0$31,514$0$31,514
Occupancy$0$12,828$0$12,828
Insurance$0$5,438$0$5,438
Interest$0$3,672$0$3,672
Office Expenses$0$0$3,580$3,580
Fees for Services Accounting$0$3,252$0$3,252
Advertising$0$784$0$784
Fees for Services Other$0$65$0$65
Total Functional Expenses$199,008$251,973$4,740$455,721
International Activity

International Summary

Offices
0
Employees
4
Spending
$195,628

International Compliance

Foreign grant records maintained
No
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
Central AmericaPrograms in Latin AmericaSee Part V02$124,265
East Asia and PacificPrograms in AsiaSee Part V01$64,965
Sub-Saharan AfricaPrograms in AfricaSee Part V01$6,398
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 Officers, Directors, Trustees, and Key Employees-$8,259-
Governance and Compliance

Governance Checklist

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

Filer

Filer Name
Peacework Development Fund Inc
EIN
54-1621784
Phone
5402308581
Address
620 N MAIN ST, BLACKSBURG, VA 24060
Doing Business As
Peacework

Signing Officer

Name
Stephen Darr
Title
Director
Phone
5402308581
Signed
2021-12-13
Discuss with paid preparer
Yes

Organization Details

Formed
1991
Legal Domicile
Va
Voting Board Members
4
Independent Board Members
4
Employees
3
Volunteers
87

Preparer

Firm
Robinson Farmer Cox Associates LLC
Address
108 South Park Dr, Blacksburg, VA 24060
Preparer
Scott Wickham CPA
Phone
5405527322
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Once prepared by the accountant, the annual 990 is distributed as a pdf to the board members and available to the public at www.guidestar.com

Pt VI, Line 18

This 990 is available to the public without restrictions at www.guidestar.com

Other

Part 1 - line 8 - significant changes in funding were due to a shift in pwc programing in 2017-21 from full to partial sponsorship. Other programs sponsored by the university of arkansas, georgia state university, and other academic institutions were suspended in march 2020 due to the global spread of covid-19, resulting in a dramatic reduction in revenue.

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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0234
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
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IRS990ScheduleA/PublicSupportCY170Pct00
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IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt06536360
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01424385
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01323769
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01670786
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01627804
IRS990ScheduleA/Total509Grp/TotalAmt06536360
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06536594
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/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt015350
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt015350
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt02
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt11
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt21
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0124265
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt16398
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt264965
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Central America
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1Sub-Saharan Africa
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2East Asia and Pacific
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0SEE PART V
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1SEE PART V
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2SEE PART V
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAMS IN LATIN AMERICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1PROGRAMS IN AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2PROGRAMS IN ASIA
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IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0false
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt04
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt0195628
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0PART I, LINE 3, COLUMN E - VOLUNTEER COLLABORATION WITH LOCAL NON-GOVERNMENTAL ORGANIZATIONS AND EDUCATIONAL ORGANIZATIONS IN FIELDS OF COMMUNITY DEVELOPMENT AND EDUCATION.
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT AWARD GRANTS DOMESTICALLY OR OUTSIDE THE UNITED STATES.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt I Line 2
IRS990ScheduleF/TotalEmployeeCnt04
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt0195628
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt08259
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0PERSONAL CC USE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt08259
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0STEVE DARR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0CEO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt08259
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ONCE PREPARED BY THE ACCOUNTANT, THE ANNUAL 990 IS DISTRIBUTED AS A PDF TO THE BOARD MEMBERS AND AVAILABLE TO THE PUBLIC AT WWW.GUIDESTAR.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THIS 990 IS AVAILABLE TO THE PUBLIC WITHOUT RESTRICTIONS AT WWW.GUIDESTAR.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PART 1 - LINE 8 - SIGNIFICANT CHANGES IN FUNDING WERE DUE TO A SHIFT IN PWC PROGRAMING IN 2017-21 FROM FULL TO PARTIAL SPONSORSHIP. OTHER PROGRAMS SPONSORED BY THE UNIVERSITY OF ARKANSAS, GEORGIA STATE UNIVERSITY, AND OTHER ACADEMIC INSTITUTIONS WERE SUSPENDED IN MARCH 2020 DUE TO THE GLOBAL SPREAD OF COVID-19, RESULTING IN A DRAMATIC REDUCTION IN REVENUE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0130424
IRS990/TotalAssetsGrp/BOYAmt0221186
IRS990/TotalAssetsGrp/EOYAmt0130424
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt053037
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt04740
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0251973
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0199008
IRS990/TotalFunctionalExpensesGrp/TotalAmt0455721
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0193028
IRS990/TotalLiabilitiesEOYAmt0147626
IRS990/TotalLiabilitiesGrp/BOYAmt0193028
IRS990/TotalLiabilitiesGrp/EOYAmt0147626
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt028158
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-17202
IRS990/TotalProgramServiceExpensesAmt0199008
IRS990/TotalProgramServiceRevenueAmt0357308
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0357324
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0410361
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt087
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0221186
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0130424
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt055958
IRS990/TravelGrp/ProgramServicesAmt0199008
IRS990/TravelGrp/TotalAmt0254966
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt027500
IRS990/USAddress/AddressLine1Txt0620 N MAIN ST STE 306
IRS990/USAddress/CityNm0BLACKSBURG
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd024060
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.PEACEWORK.ORG

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.06$0.19$0.13$0.81$0.89$0.09
2024Detailed filing. Detailed filing data is available for this year.$0.16$0.20$0.04$0.63$0.63$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.15$0.19$0.04$0.38$0.43$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.18$0.14$0.04$0.36$0.32$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.13$0.15$0.02$0.41$0.46$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.22$0.19$0.03$1.42$1.24$0.19
2019Detailed filing. Detailed filing data is available for this year.$0.16$0.32$0.16$1.32$1.35$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.48$0.61$0.13$1.67$1.44$0.23
2017Summary only. Only limited summary data is available for this year.$0.31$0.67$0.36$1.63$1.72$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.06$0.33$0.27$2.25$2.26$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.05$0.31$0.26$2.04$1.72$0.32
2014Summary only. Only limited summary data is available for this year.$0.08$0.12$0.05$2.35$1.96$0.39
2013Summary only. Only limited summary data is available for this year.$0.02$0.10$0.08$1.81$1.83$0.02
2012Summary only. Only limited summary data is available for this year.$0.08$0.14$0.06$1.87$1.80$0.07
2011Summary only. Only limited summary data is available for this year.$0.01$0.14$0.13$1.18$1.14$0.04