Peace First Inc
- Assets
- $677.2k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 8
- Location
- Boston, MA
- Founding
- 12/1996
- Data as of
- 06/2023
- EIN
- 04-3323467
Organization Overview
Peace First Inc is located in Boston, MA. The organization was established in 1996. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. As of 06/2023, Peace First Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peace First 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 06/2023, Peace First Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $1.4m during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE BELIEVE IN THE POWER OF YOUNG PEOPLE TO CHANGE THE WORLD NOT SOMEDAY IN THE FUTURE RIGHT NOW. THIS BELIEF IS GROUNDED IN 20+ YEARS OF EXPERIENCE PREPARING YOUNG PEOPLE AROUND THE GLOBE WITH THE SKILLS AND COMMITMENTS NECESSARY TO IMAGINE COMPASSIONATE SOLUTIONS TO COMPLEX COMMUNITY PROBLEMS, AND THEN SUPPORTING THEM TO IMPLEMENT THOSE SOLUTIONSWHAT WE CALL PEACEMAKING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH ENGAGEMENT - ALL PROGRAMMATIC ACTIVITIES THAT PEACE FIRST IMPLEMENTED, INCLUDING THE PEACE FIRST CHALLENGE, IMPACT ROOMS, THE AMBASSADOR PROGRAM, AND THE FELLOWINRESIDENCE. PEACE FIRST ALSO TRAINS AND MENTORS YOUNG PEOPLE ALL OVER THE WORLD TO TACKLE SOCIAL INJUSTICES AND BECOME CHANGEMAKERS.
STORYTELLING - AT PEACE FIRST, STORYTELLING MEANS AMPLIFYING THE VOICES AND EXPERIENCES OF YOUNG CHANGEMAKERS TO INSPIRE OTHERS AND BUILD A MORE JUST AND PEACEFUL WORLD. WE AIM TO SHOWCASE THE INCREDIBLE IMPACT THAT YOUNG PEOPLE CAN HAVE WHEN GIVEN THE TOOLS AND RESOURCES TO CREATE POSITIVE CHANGE IN THEIR COMMUNITIES. WE WORK CLOSELY WITH YOUNG PEOPLE TO HELP THEM TELL THEIR STORIES IN THEIR OWN VOICES, WHETHER THAT'S THROUGH WRITTEN PIECES, VIDEOS, OR OTHER MEDIA. WE ALSO PRODUCE ORIGINAL CONTENT, SUCH AS SHORT FILMS AND DOCUMENTARIES, THAT HIGHLIGHT THE WORK OF YOUNG CHANGEMAKERS AND INSPIRE OTHERS TO GET INVOLVED. ADDITIONALLY, WE USE SOCIAL MEDIA TO AMPLIFY THESE STORIES AND REACH A WIDER AUDIENCE.
DIGITAL PLATFORM - THE ORGANIZATION BUILT AND OPERATES A DIGITAL PLATFORM AND COMMUNITY TO SUPPORT YOUNG PEOPLE IN TURNING THEIR IDEAS INTO EFFECTIVE SOLUTIONS. CODEVELOPED WITH YOUNG PEOPLE AROUND THE WORLD, THE PLATFORM GUIDES PARTICIPANTS AT EVERY STEP TO CREATE AN IMPACTFUL COMMUNITYBASED PRODUCT THROUGH EXEMPLARY VIDEOS, INTERACTIVE EXERCISES, AND SUPPORTIVE ADULT MENTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric D Dawson CEO | OfficerTrustee | 40 | $148,015 |
Jasmine Babers Co-Chair | Trustee | 2 | $35,312 |
Jonathan Mandle Co-Chair | OfficerTrustee | 3 | $0 |
Andrae Allen Board Member | OfficerTrustee | 1 | $0 |
Dana O'donovan Board Member | Trustee | 1 | $0 |
Hammed Jayode Alabi Board Member | Trustee | 1 | $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 | $1,401,881 |
| Noncash contributions included in lines 1a–1f | $214,051 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,401,881 |
| Total Program Service Revenue | $8,000 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $19,260 |
| 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 | $1,430,938 |
| 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 | $41,111 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $344,681 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,552 |
| Payroll taxes | $28,441 |
| 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 | $625,191 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $0 |
| Interest | $853 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,606 |
| Insurance | $7,650 |
| All other expenses | $49,017 |
| Total functional expenses | $1,351,995 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $384,211 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $230,350 |
| 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 | $3,447 |
| Net Land, buildings, and equipment | $59,234 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $677,242 |
| Accounts payable and accrued expenses | $23,917 |
| 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 | $23,917 |
| Net assets without donor restrictions | $424,125 |
| Net assets with donor restrictions | $229,200 |
| 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 | $677,242 |
Grants Awarded
Over the last fiscal year, Peace First Inc has awarded $15,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
QC CLOSET 2 CLOSET PURPOSE: CONTINUED PEACEMAKING EFFORTS | $10,000 |
YOUTH GUIDANCE PURPOSE: HELP BREAK CYCLES OF VIOLENCE, OVERCOME LIFE AND ACADEMIC OBSTACLES, MAKE POSITIVE CHOICES, AND REMAIN ON THE RIGHT PATH TOWARDS LIFE SUCCESS | $5,000 |