Civic Intelligence

Peace Initiative Inc.

990 • Fiscal year 2020 • EIN 83-4045218

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 12, 2021

Organization ProfileWWW.PEACEINITIATIVE.ORG
420 Ft Duquesne Blvd Ste 1900Pittsburgh, PA 15222

(412) 281-8771

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

9th percentile

-82%

Higher net margin than 9% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

13th percentile

-34%

Faster asset growth than 13% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

7th percentile

-83%

Faster revenue growth than 7% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$153,402

Down $79,556 (-34%) from 2019

Net Assets

Down

$153,402

Down $79,556 (-34%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin9th percentile

Revenue

Down

$96,703

Down $474,379 (-83%) from 2019

Expenses

Down

$175,997

Down $167,003 (-49%) from 2019

Net Income

Down

-$79,294

Down $307,376 (-135%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth13th percentile

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

$300K$200K$100K$0Assets 2019: $232,958Liabilities 2019: $0Net Assets 2019: $232,9582019Assets 2020: $153,402Liabilities 2020: $0Net Assets 2020: $153,4022020Assets 2021: $116,941Liabilities 2021: $216Net Assets 2021: $116,7252021Assets 2022: $157,592Liabilities 2022: $216Net Assets 2022: $157,3762022Assets 2023: $149,556Liabilities 2023: $0Net Assets 2023: $149,5562023Assets 2024: $152,296Liabilities 2024: $0Net Assets 2024: $152,2962024

Highlighted filing

2020

Assets$153,402
Liabilities$0
Net Assets$153,402
Open 2020 Filing

Operations Trend

Revenue Growth7th percentile

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

$600K$400K$200K$0-$200KRevenue 2019: $571,082Expenses 2019: $343,000Net Income 2019: $228,0822019Revenue 2020: $96,703Expenses 2020: $175,997Net Income 2020: -$79,2942020Revenue 2021: $156,279Expenses 2021: $193,173Net Income 2021: -$36,8942021Revenue 2022: $77,851Expenses 2022: $32,711Net Income 2022: $45,1402022Revenue 2023: $8,049Expenses 2023: $20,464Net Income 2023: -$12,4152023Revenue 2024: $8,240Expenses 2024: $6,561Net Income 2024: $1,6792024

Highlighted filing

2020

Revenue$96,703
Expenses$175,997
Net Income-$79,294
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 12, 2021
Return Version
2020v4.1
Gross Receipts
$96,703
Mission and Program Overview

Mission

The focus of the charitable mission of the peace initiative is to support organizations that provide community centered services and programs with an emphasis on public safety, non-violence, social justice and nurturing and promoting the inherent dignity of all human beings. The peace initiative will support other organizations through funding assistance via grants and loans. In addition, the peace initiative will undertake direct initiatives that further its charitable mission, including but not limited to education.

The focus of the charitable mission of the organization is to support organizations that provide community centered services and programs with an emphasis on public safety, non-violence, social justice and nurturing and promoting the inherent dignity of all human beings.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$214,019$140,967▼ $73,052
Investments Other Securities$18,939$12,435▼ $6,504
Total Assets$232,958$153,402▼ $79,556
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$232,958$153,402▼ $79,556
Total Net Assets Fund Balance$232,958$153,402▼ $79,556
Total Liabilities and Net Assets / Fund Balance$232,958$153,402▼ $79,556

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$12,435--
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Lloyd MyersPresident
Steve HalpernDirector
David KalstonSecretary
Louis PlungTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$96,246
Program Service Revenue
$0
Investment Income
$457
Other Revenue
$0
All Other Contributions
$96,246
Change in Net Assets
$-79,294
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$150,000
Other Expenses$25,997
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$150,000--$150,000
Fees for Services Other-$17,553-$17,553
Fees for Services Legal-$4,901-$4,901
Fees for Services Accounting-$3,543-$3,543
Total Functional Expenses$150,000$25,997$0$175,997
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
From the Heart Productions Inc-501(c)(3)Tree of Life Documentary$150,000
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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, Part VI, Section B, Line 11B

“All board members were provided with a copy of the 990 prior to filing.”

Form 990, Part VI, Section C, Line 19

“All governing documents and financial statements are filed at the peace initiative, inc. And are available for public inspection.”

Filing and Contact Details

Filer

Filer Name
The Peace Initiative Inc
EIN
83-4045218
Phone
4122818771
Address
420 FT DUQUESNE BLVD STE 1900, PITTSBURGH, PA 15222

Signing Officer

Name
Louis Plung
Title
Treasurer
Phone
4122818771
Signed
2021-10-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Louis Plung
Formed
2019
Legal Domicile
Pa
Voting Board Members
4
Independent Board Members
3
Employees
0
Volunteers
10

Preparer

Firm
Louis Plung & Company Llp
Address
420 FT DUQUESNE BLVD STE 1900, PITTSBURGH, PA 15222
Preparer
Joseph C Zovko
Phone
4122818771
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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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ReturnHeader/ReturnTs02021-10-14T08:42:14-05:00
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ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$153,402
Liabilities
$0
Net assets
$153,402
Revenue
$96,703
Expenses
$175,997
Net income
-$79,294
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.52$0.00$1.52$0.08$0.07$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.50$0.00$1.50$0.08$0.20$0.12
2022Detailed filing. Detailed filing data is available for this year.$1.58$0.00$1.57$0.78$0.33$0.45
2021Detailed filing. Detailed filing data is available for this year.$1.17$0.00$1.17$1.56$1.93$0.37
2020Detailed filing. Detailed filing data is available for this year.$1.53$0.00$1.53$0.97$1.76$0.79
2019Summary only. Only limited summary data is available for this year.$2.33$0.00$2.33$5.71$3.43$2.28