Civic Intelligence

Peace Islands Institute Inc

EIN 55-0826499 • 501(c)3 • Hasbrouck Heights, NJ

Profile

Organization's mission or most significant activities: mission peace islands institute (pii) aspires to facilitate a forum of mutual respect and collaboration, both welcoming and accepting varied viewpoints and voices with the intent to develop original and alternative perspectives on vital issues that our society is facing, generate solutions to these issues, support successful practices, thus promoting education, friendship and harmony and acting as an island of peace for all peoples in a society of different ethnic, cultural and religious backgrounds. Vision in a diverse world, where even the farthest point is a click away, every culture, race, religion, tradition and nation become neighbors. We have to live and interact together in this global island we call earth. Peace islands institute (pii) serves to act as the soil for fruitful dialogue, peace, and civil service just as the soil on this global island gives forth flowers of different colors, scents and shapes. Pii envisions a w

777 Terrace Avenue Suite 109Hasbrouck Heights, NJ 07640

www.peaceislands.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

99th percentile

4.55x

Higher debt load relative to assets than 99% of similar nonprofits.

NTEE N50 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

93rd percentile

0.40x

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

NTEE N50 • <$500k nonprofits • Source year 2024

Net Margin

35th percentile

-0.9%

Higher net margin than 35% of similar nonprofits.

NTEE N50 • <$500k nonprofits • Source year 2024

Top Officer Pay

100th percentile

$92,227

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 24.1% of source-year revenue.

NTEE N50 • <$500k nonprofits • Source year 2024

Asset Growth

26th percentile

-10%

Faster asset growth than 26% of similar nonprofits.

NTEE N50 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

70th percentile

17%

Faster revenue growth than 70% of similar nonprofits.

NTEE N50 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$33,929

Down $3,875 (-10%) from 2023

Liabilities

Down

$154,465

Down $1,017 (-0.7%) from 2023

Net Assets

Down

-$120,536

Down $2,858 (-2.4%) from 2023

Revenue

Up

$383,065

Up $56,456 (+17%) from 2023

Expenses

Up

$386,329

Up $39,127 (+11%) from 2023

Net Income

Up

-$3,264

Up $17,329 (+84%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $4,372Liabilities 2010: $70,816Net Assets 2010: -$66,4442010Assets 2011: $8,645Liabilities 2011: $18,585Net Assets 2011: -$9,9402011Assets 2012: $62,853Liabilities 2012: $95,390Net Assets 2012: -$32,5372012Assets 2013: $128,326Liabilities 2013: $10,141Net Assets 2013: $118,1852013Assets 2014: $2,745,751Liabilities 2014: $1,742,882Net Assets 2014: $1,002,8692014Assets 2015: $2,734,627Liabilities 2015: $1,651,891Net Assets 2015: $1,082,7362015Assets 2016: $2,592,513Liabilities 2016: $1,576,677Net Assets 2016: $1,015,8362016Assets 2017: $520,005Liabilities 2017: $2,431Net Assets 2017: $517,5742017Assets 2018: $347,327Liabilities 2018: $1,188Net Assets 2018: $346,1392018Assets 2019: $194,361Liabilities 2019: $16,876Net Assets 2019: $177,4852019Assets 2020: $214,159Liabilities 2020: $160,737Net Assets 2020: $53,4222020Assets 2021: $255,488Liabilities 2021: $189,878Net Assets 2021: $65,6102021Assets 2023: $37,804Liabilities 2023: $155,482Net Assets 2023: -$117,6782023Assets 2024: $33,929Liabilities 2024: $154,465Net Assets 2024: -$120,5362024

Highlighted filing

2024

Assets$33,929
Liabilities$154,465
Net Assets-$120,536

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $401,8032010Revenue 2011: $454,513Expenses 2011: $392,306Net Income 2011: $62,2072011Expenses 2012: $798,2942012Revenue 2013: $1,041,200Expenses 2013: $890,478Net Income 2013: $150,7222013Revenue 2014: $2,090,538Expenses 2014: $1,205,854Net Income 2014: $884,6842014Revenue 2015: $1,212,973Expenses 2015: $1,137,629Net Income 2015: $75,3442015Revenue 2016: $977,506Expenses 2016: $1,044,406Net Income 2016: -$66,9002016Revenue 2017: $82,483Expenses 2017: $580,745Net Income 2017: -$498,2622017Revenue 2018: $88,960Expenses 2018: $260,395Net Income 2018: -$171,4352018Revenue 2019: $73,612Expenses 2019: $234,120Net Income 2019: -$160,5082019Revenue 2020: $61,299Expenses 2020: $185,364Net Income 2020: -$124,0652020Revenue 2021: $226,521Expenses 2021: $214,333Net Income 2021: $12,1882021Revenue 2023: $326,609Expenses 2023: $347,202Net Income 2023: -$20,5932023Revenue 2024: $383,065Expenses 2024: $386,329Net Income 2024: -$3,2642024

Highlighted filing

2024

Revenue$383,065
Expenses$386,329
Net Income-$3,264

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.15$0.12$0.38$0.39$0.00
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.16$0.12$0.33$0.35$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.26$0.19$0.07$0.23$0.21$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.21$0.16$0.05$0.06$0.19$0.12
2019Detailed filing. Detailed filing data is available for this year.$0.19$0.02$0.18$0.07$0.23$0.16
2018Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$0.09$0.26$0.17
2017Detailed filing. Detailed filing data is available for this year.$0.52$0.00$0.52$0.08$0.58$0.50
2016Detailed filing. Detailed filing data is available for this year.$2.59$1.58$1.02$0.98$1.04$0.07
2015Detailed filing. Detailed filing data is available for this year.$2.73$1.65$1.08$1.21$1.14$0.08
2014Detailed filing. Detailed filing data is available for this year.$2.75$1.74$1.00$2.09$1.21$0.88
2013Detailed filing. Detailed filing data is available for this year.$0.13$0.01$0.12$1.04$0.89$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.10$0.03$0.80
2011Summary only. Only limited summary data is available for this year.$0.01$0.02$0.01$0.45$0.39$0.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.07$0.07$0.40
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.0
Gross Receipts
$383,065
Mission and Program Overview

Mission

Organization's mission or most significant activities: mission peace islands institute (pii) aspires to facilitate a forum of mutual respect and collaboration, both welcoming and accepting varied viewpoints and voices with the intent to develop original and alternative perspectives on vital issues that our society is facing, generate solutions to these issues, support successful practices, thus promoting education, friendship and harmony and acting as an island of peace for all peoples in a society of different ethnic, cultural and religious backgrounds. Vision in a diverse world, where even the farthest point is a click away, every culture, race, religion, tradition and nation become neighbors. We have to live and interact together in this global island we call earth. Peace islands institute (pii) serves to act as the soil for fruitful dialogue, peace, and civil service just as the soil on this global island gives forth flowers of different colors, scents and shapes. Pii envisions a w

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$4,306$5,913▲ $1,607
Land, Buildings, and Equipment, Net$486$4▼ $482
Total Assets$37,804$33,929▼ $3,875
Other Assets Total$33,012$28,012▼ $5,000
Liabilities
Other Liabilities$155,482$154,465▼ $1,017
Total Liabilities$155,482$154,465▼ $1,017
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-117,678$-120,536▼ $2,858
Total Net Assets Fund Balance$-117,678$-120,536▼ $2,858
Total Liabilities and Net Assets / Fund Balance$37,804$33,929▼ $3,875

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$4$9,513$9,517
Equipment-$6,759$6,759
Other Assets Org$1,672--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Adam OzdemirCEOFT$92,227$92,227

Board Members and Trustees

NameTitle
Nuray YurtPresident
Emin HuseyinovBoard Member
Erkan KarakayaBoard Member
Nesrin TatliBoard Member
Suleyman VuralBoard Member
Onur AsanSecretary
Ugur DuzgunTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$383,065
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$383,065
Change in Net Assets
$-3,264

Audited Revenue Reconciliation

Revenue per Audited Statements
$383,065
Total Revenue per Audited Statements
$383,065
Total Revenue per Form 990
$383,065
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$246,299
Salaries, Compensation, and Employee Benefits$140,030
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$98,134$24,533-$122,667
Occupancy$71,767$17,942-$89,709
Payroll Taxes$8,243$2,061-$10,304
Pension Plan Contributions$5,647$1,412-$7,059
Office Expenses$5,399$1,350-$6,749
Insurance$3,687$922-$4,609
Information Technology$1,934--$1,934
Fees for Services Legal$1,900--$1,900
Depreciation Depletion$482--$482
All Other Expenses$400--$400
Other Expenses$361--$361
Total Functional Expenses$338,109$48,220$0$386,329

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$386,329
Total Expenses per Audited Statements$386,329
Total Expenses per Form 990$386,329
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
Sba Loan$79,200
Sba Ppp Loan$46,900
Payroll Liabilities$21,724
Loan Payable$6,641
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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

Governance Explanations

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

Board of directors review and compare the return to the audited financial statements for accuracy

Form 990, Page 6, Part VI, Line 19

Governing documents are available to the public upon request

Filing and Contact Details

Filer

Filer Name
Peace Islands Institute Inc
EIN
55-0826499
Phone
9733539333
Address
777 TERRACE AVENUE SUITE 109, HASBROUCK HEIGHTS, NJ 07640

Signing Officer

Name
Adam Ozdemir
Title
CEO
Phone
9733539333
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Adam Ozdemir
Formed
2003
Legal Domicile
Nj
Voting Board Members
7
Independent Board Members
7
Employees
2

Preparer

Firm
Atlantic Accounting Services LLC
Address
417 TOTOWA ROAD, TOTOWA, NJ 07512-2080
Preparer
Nevzat Yilmaz CPA
Phone
9737777723
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Organization's mission or most significant activities: mission peace islands institute (pii) aspires to facilitate a forum of mutual respect and collaboration, both welcoming and accepting varied viewpoints and voices with the intent to develop original and alternative perspectives on vital issues that our society is facing, generate solutions to these issues, support successful practices, thus promoting education, friendship and harmony and acting as an island of peace for all peoples in a society of different ethnic, cultural and religious backgrounds. Vision in a diverse world, where even the farthest point is a click away, every culture, race, religion, tradition and nation become neighbors. We have to live and interact together in this global island we call earth. Peace islands institute (pii) serves to act as the soil for fruitful dialogue, peace, and civil service just as the soil on this global island gives forth flowers of different colors, scents and shapes. Pii envisions a world becoming an island of peace in the ocean of our universe; a community in which people from all walks of life interact with each other and cooperate to serve their communities, thereby strengthening civil society and promoting the development of human values. Goals facilitate unity for building peace, education to eradicate ignorance, welfare to fight against poverty and hunger, progress to promote development to develop original and alternative perspectives on global and social issues as they relate to our lives, as well as present explanations and solutions. Support successful practices in peace building. Build relationships among diverse cultures and traditions. Unite different point of views on common global issues provide educational platforms for global and social challenges. Encourage people to actively engage in solving social and global problems of humanity. Encourage business owners to be part of a philanthropic economy to end problems like poverty and hunger. Provide an atmosphere of peace and understanding for all people, regardless of race and cultural tradition. Prepare annual reports for both non-govermental agencies (ngos) and governmental agencies on social issues.

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

Dinners, lectures, and seminars to promote inter-faith and cultural dialogue activities include: -award ceremonies -annual dialogue dinners -book reviews and discussions -other dialogue related support activities

Form 990, Part XI, Line 9

Previous year adjustment 0 previous year adjustment 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/ExplanationTxt0ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES: MISSION PEACE ISLANDS INSTITUTE (PII) ASPIRES TO FACILITATE A FORUM OF MUTUAL RESPECT AND COLLABORATION, BOTH WELCOMING AND ACCEPTING VARIED VIEWPOINTS AND VOICES WITH THE INTENT TO DEVELOP ORIGINAL AND ALTERNATIVE PERSPECTIVES ON VITAL ISSUES THAT OUR SOCIETY IS FACING, GENERATE SOLUTIONS TO THESE ISSUES, SUPPORT SUCCESSFUL PRACTICES, THUS PROMOTING EDUCATION, FRIENDSHIP AND HARMONY AND ACTING AS AN ISLAND OF PEACE FOR ALL PEOPLES IN A SOCIETY OF DIFFERENT ETHNIC, CULTURAL AND RELIGIOUS BACKGROUNDS. VISION IN A DIVERSE WORLD, WHERE EVEN THE FARTHEST POINT IS A CLICK AWAY, EVERY CULTURE, RACE, RELIGION, TRADITION AND NATION BECOME NEIGHBORS. WE HAVE TO LIVE AND INTERACT TOGETHER IN THIS GLOBAL ISLAND WE CALL EARTH. PEACE ISLANDS INSTITUTE (PII) SERVES TO ACT AS THE SOIL FOR FRUITFUL DIALOGUE, PEACE, AND CIVIL SERVICE JUST AS THE SOIL ON THIS GLOBAL ISLAND GIVES FORTH FLOWERS OF DIFFERENT COLORS, SCENTS AND SHAPES. PII ENVISIONS A WORLD BECOMING AN ISLAND OF PEACE IN THE OCEAN OF OUR UNIVERSE; A COMMUNITY IN WHICH PEOPLE FROM ALL WALKS OF LIFE INTERACT WITH EACH OTHER AND COOPERATE TO SERVE THEIR COMMUNITIES, THEREBY STRENGTHENING CIVIL SOCIETY AND PROMOTING THE DEVELOPMENT OF HUMAN VALUES. GOALS FACILITATE UNITY FOR BUILDING PEACE, EDUCATION TO ERADICATE IGNORANCE, WELFARE TO FIGHT AGAINST POVERTY AND HUNGER, PROGRESS TO PROMOTE DEVELOPMENT TO DEVELOP ORIGINAL AND ALTERNATIVE PERSPECTIVES ON GLOBAL AND SOCIAL ISSUES AS THEY RELATE TO OUR LIVES, AS WELL AS PRESENT EXPLANATIONS AND SOLUTIONS. SUPPORT SUCCESSFUL PRACTICES IN PEACE BUILDING. BUILD RELATIONSHIPS AMONG DIVERSE CULTURES AND TRADITIONS. UNITE DIFFERENT POINT OF VIEWS ON COMMON GLOBAL ISSUES PROVIDE EDUCATIONAL PLATFORMS FOR GLOBAL AND SOCIAL CHALLENGES. ENCOURAGE PEOPLE TO ACTIVELY ENGAGE IN SOLVING SOCIAL AND GLOBAL PROBLEMS OF HUMANITY. ENCOURAGE BUSINESS OWNERS TO BE PART OF A PHILANTHROPIC ECONOMY TO END PROBLEMS LIKE POVERTY AND HUNGER. PROVIDE AN ATMOSPHERE OF PEACE AND UNDERSTANDING FOR ALL PEOPLE, REGARDLESS OF RACE AND CULTURAL TRADITION. PREPARE ANNUAL REPORTS FOR BOTH NON-GOVERMENTAL AGENCIES (NGOS) AND GOVERNMENTAL AGENCIES ON SOCIAL ISSUES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DINNERS, LECTURES, AND SEMINARS TO PROMOTE INTER-FAITH AND CULTURAL DIALOGUE ACTIVITIES INCLUDE: -AWARD CEREMONIES -ANNUAL DIALOGUE DINNERS -BOOK REVIEWS AND DISCUSSIONS -OTHER DIALOGUE RELATED SUPPORT ACTIVITIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD OF DIRECTORS REVIEW AND COMPARE THE RETURN TO THE AUDITED FINANCIAL STATEMENTS FOR ACCURACY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PREVIOUS YEAR ADJUSTMENT 0 PREVIOUS YEAR ADJUSTMENT 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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ReturnHeader/TaxPeriodEndDt02024-12-31
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