Service For Peace Inc
- Assets
- $72.0k
- Revenue
- $73.0k
- Investments
- $0.0
- Employees
- 0
- Location
- West Haven, CT
- Founding
- 07/2002
- Data as of
- 09/2022
- EIN
- 03-0388426
Organization Overview
Service For Peace Inc is located in West Haven, CT. The organization was established in 2002. According to its NTEE Classification (P24) the organization is classified as: Salvation Army, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Service For Peace Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2022, Service For Peace Inc generated $73.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (28.1%) each year. All expenses for the organization totaled $99.1k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (25.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE PROMOTE COMMUNITY DRIVEN DEVELOPMENT IN THE DOMINICAN REPUBLIC THROUGH SHARED EXPERIENCES OF US UNIVERSITY STUDENTS AND DOMINICAN VOLUNTEERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CONSTRUCTION OF A 47,730-LITER WATER TANK AND A WATER WELL FOR THE LA JICOTEA COMMUNITY WERE DESIGNED, PROVIDING WATER TO 145 FAMILIES DIRECTLY AND 128 FAMILIES INDIRECTLY FROM NEARBY COMMUNITIES.COMMUNITY EMPOWERMENT TRAINING FOR 35 COMMUNITY MEMBERS OF THE LA JICOTEA COMMUNITY.PROVIDING 7 FAMILIES WITH 7 DISPENSERS WITH FILTERS FOR SAFE WATER CONSUMPTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ocean Charles-Thomas Phillips Executive Director | OfficerTrustee | 35 | $41,802 |
Ken Bates Treasurer And Director | OfficerTrustee | 0.5 | $0 |
Juan Casimiro Co-Chairperson | Trustee | 1 | $0 |
Junsook Moon Director | Trustee | 0.5 | $0 |
Yenisel Gulatee Director | Trustee | 0.5 | $0 |
Michael Imasua Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $73,003 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,003 |
| Total Program Service Revenue | $0 |
| Investment income | $5 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $73,008 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $50,664 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $41,802 |
| Compensation of current officers, directors, key employees. | $15,885 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,483 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $885 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $134 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $2,111 |
| Total functional expenses | $99,079 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $71,960 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $71,960 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $71,960 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $71,960 |
Grants Awarded
Over the last fiscal year, Service For Peace Inc has awarded $55,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
COMPASSION GAMES INTERNATIONAL PURPOSE: MLK Season of Service | $20,000 |
Bloomington, IN PURPOSE: MLK Season of Service | $15,000 |
Lanham, MD PURPOSE: MLK Season of Service | $10,000 |
Palo Alto, CA PURPOSE: MLK Season of Service | $5,000 |
Bainbridge Island, WA PURPOSE: MLK Season of Service | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Service For Peace Inc has recieved totaling $80,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $40,000 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cura Foundation New York, NY | $8,753,811 | $858,424 |
911 Health Watch Inc Albany, NY | $140,313 | $228,446 |
Service For Peace Inc West Haven, CT | $71,960 | $73,008 |
Wrentham Community Events Inc Wrentham, MA | $0 | $0 |
Harvest East End Inc Riverhead, NY | $6,670 | $0 |