World Conference Of Religions For Peace Inc
- Assets
- $8.5m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 14
- Location
- New York, NY
- Founding
- 11/1988
- Data as of
- 12/2022
- EIN
- 13-2671065
Organization Overview
World Conference Of Religions For Peace Inc is located in New York, NY. The organization was established in 1988. According to its NTEE Classification (Q41) the organization is classified as: Arms Control & Peace, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2022, World Conference Of Religions For Peace Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Conference Of Religions 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 12/2022, World Conference Of Religions For Peace Inc generated $3.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $3.5m during the year ending 12/2022. While expenses have increased by 2.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
INTER-RELIGION COOPERATION TO PROMOTE PEACE
Describe the Organization's Program Activity:
Part 3 - Line 4a
NURTURE A SUSTAINABLE ENVIRONMENT - RELIGIOUS COMMUNITIES RECOGNISE THE DYNAMIC INTER-RELATIONSHIP AND DEPENDENCY BETWEEN ALL FORMS OF LIFE, WHICH HAS ALSO BEEN SUBSTANTIATED BY MODERN SCIENCE. RELIGIONS FOR PEACE WORKS TO ENSURE THAT MULTI-RELIGIOUS COLLABORATION IS GEARED TOWARDS NURTURING A SUSTAINABLE ENVIRONMENT FOR ALL LIVING SPECIES. THIS WORK INCLUDES WORKING TO PROTECT AND RESTORE THE PLANET'S VITAL ECOSYSTEM, E.G. THE INTERFAITH RAINFOREST INITIATIVE THAT PROTECTS THE WORLD'S REMAINING RAINFORESTS AND THE INDIGENOUS PEOPLES WHO SERVE AS THEIR GUARDIAN.
PROMOTE PEACEFUL, JUST & INCLUSIVE SOCIETIES - WORKING TOWARDS PEACEFUL, JUST AND INCLUSIVE SOCIETIES BUILDS ON RELIGIONS FOR PEACE'S PREVIOUS WORK UNDER THE STRATEGIC PLAN FOR 2014-2018 TO TRANSFORM VIOLENT CONFLICT, PROMOTE JUST AND HARMONIOUS SOCIETIES, AND ADVANCE HUMAN DEVELOPMENT. RELIGIONS FOR PEACE'S ONGOING WORK TOWARDS PEACEFUL, JUST AND INCLUSIVE SOCIETIES SUPPORTS SEVERAL SUSTAINABLE DEVELOPMENT GOALS. THIS WORK INCLUDES, BUT ARE NOT LIMITED TO, ADDRESSING PUBLIC HEALTH CHALLENGES (COVID, EBOLA, ETC), ARMAMENTS, POVERTY, MIGRANTS AND REFUGEES, CHILD HEALTH AND WELLBEING (E.G. FAITH FOR POSITIVE CHANGE FOR CHILDREN, FAMILIES AND COMMUNITIES), ETC.
MULTI-RELIGIOUS HUMANITARIAN SUPPORT FUND - COVID-19 RESPONSE: THIS PROGRAM SUPPORTS AFRICAN COUNCIL OF RELIGIOUS LEADERS (ACRL) AND ITS NATIONAL INTER RELIGIOUS COUNCILS (IRC'S) TO ENACT NATIONAL-LEVEL INITIATIVES WITH IRC-ZAMBIA, IRC-MAURITIUS, AND IRC-UGANDA AS A DIRECT RESPONSE TO THE COVID-19 CRISIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aruna Oswal Co-President | Trustee | 1 | $0 |
David Rosen Co-President | Trustee | 1 | $0 |
Beatriz Schulthess Honorary President | Trustee | 1 | $0 |
Bhai Sahib Mohinder Singh Co-President | Trustee | 1 | $0 |
Cisse Hadja Mariama Sow Honorary President | Trustee | 1 | $0 |
Mary Ann Swenson Co-President | 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 | $2,841,222 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,841,222 |
| Total Program Service Revenue | $0 |
| Investment income | $173,836 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$14,297 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,000,761 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,000 |
| Grants and other assistance to domestic individuals. | $5,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,281,809 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $245,689 |
| Compensation of current officers, directors, key employees. | $54,207 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $514,403 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $145,508 |
| Payroll taxes | $50,727 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,072 |
| Fees for services: Accounting | $185,199 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $533,769 |
| Advertising and promotion | $0 |
| Office expenses | $24,038 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $193,638 |
| Travel | $119,618 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,282 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,975 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,456,753 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $218,740 |
| Savings and temporary cash investments | $900,101 |
| Pledges and grants receivable | $1,075,029 |
| Accounts receivable, net | $196 |
| 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 | $2,847 |
| Net Land, buildings, and equipment | $38,909 |
| Investments—publicly traded securities | $6,027,710 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $279,714 |
| Total assets | $8,543,246 |
| Accounts payable and accrued expenses | $283,109 |
| 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 | $256,676 |
| Total liabilities | $539,785 |
| Net assets without donor restrictions | -$910,865 |
| Net assets with donor restrictions | $8,914,326 |
| 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 | $8,543,246 |
Grants Awarded
Over the last fiscal year, World Conference Of Religions For Peace Inc has awarded $221,893 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SUSTAINABLE DEVELOPMENT SOLUTIONS NETWORK ASSOCIATION PURPOSE: ETHICS IN ACTION FOR SUSTAINABLE AND INTEGRAL DEVELOPMENT | $100,000 |
EARTH INSTITUTE COLUMBIA UNIVERSITY PURPOSE: RESEARCH TO ENGAGE RELIGIOUS COMMUNITIES IN SUSTAINABLE DEVELOPMENT | $121,893 |