Peacetrees Vietnam
- Assets
- $2.4m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 7
- Location
- Seattle, WA
- Founding
- 01/2006
- Data as of
- 12/2022
- EIN
- 20-1051471
Organization Overview
Peacetrees Vietnam is located in Seattle, WA. The organization was established in 2006. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2022, Peacetrees Vietnam employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peacetrees Vietnam 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, Peacetrees Vietnam generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.8% each year . All expenses for the organization totaled $3.6m during the year ending 12/2022. While expenses have increased by 16.4% 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
PEACETREES VIETNAM (PEACETREES), A NONPROFIT CORPORATION, IS DEDICATED TO THE HEALING OF COMMUNITIES IMPACTED BY THE CONSEQUENCES OF WAR. OUR MISSION IS TO HEAL THE LEGACY OF WAR BY REMOVING DANGEROUS EXPLOSIVES, RETURNING LAND TO SAFE USE, PROMOTING PEACE, AND CULTIVATING A BRIGHTER FUTURE FOR THE CHILDREN AND FAMILIES OF VIETNAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LANDMINE AND UNEXPLODED ORDANANCE (UXO) REMOVAL AND COMMUNITY SUPPORT: THE ORGANIZATION SPONSORS THE REMOVAL OF LANDMINES AND UNEXPLODED ORDNANCE TO PROMOTE A SAFE AND HEALTHY ENVIRONMENT FOR CHILDREN AND FAMILIES IN CENTRAL VIETNAM. COMMUNITY SUPPORT IS ALSO PROVIDED TO VIETNAMESE FAMILIES THROUGH ECONOMIC DEVELOPMENT AND SCHOLARSHIPS FOR CHILDREN; BUILDING LIBRARIES AND SCHOOLS; PROVIDING MICROCREDIT LOANS; AND SPONSORING CITIZEN DIPLOMACY TRIPS FOR THOSE INTERESTED IN LEARNING MORE ABOUT VIETNAM, THE AFTEREFFECTS OF WAR, AND THE ORGANIZATION'S HUMANITARIAN WORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
M Claire Yunker Executive Di | Officer | 40 | $143,980 |
Sue Warner-Bean President; V | OfficerTrustee | 1 | $0 |
Megan Bowman President (e | OfficerTrustee | 2 | $0 |
Brendan Murphy Vice Preside | OfficerTrustee | 1 | $0 |
Carolyn Harper Treasurer | OfficerTrustee | 1 | $0 |
Stephen Chentow Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $212,943 |
| Related organizations | $0 |
| Government grants | $3,068,053 |
| All other contributions, gifts, grants, and similar amounts not included above | $459,566 |
| Noncash contributions included in lines 1a–1f | $15,038 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,740,562 |
| Total Program Service Revenue | $33,219 |
| Investment income | $3,712 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$33,435 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,744,058 |
| 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 | $103,964 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $143,980 |
| Compensation of current officers, directors, key employees. | $34,555 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $356,214 |
| Pension plan accruals and contributions | $18,833 |
| Other employee benefits | $53,828 |
| Payroll taxes | $38,286 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,603 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,914 |
| Advertising and promotion | $1,881 |
| Office expenses | $38,903 |
| Information technology | $5,704 |
| Royalties | $0 |
| Occupancy | $37,095 |
| Travel | $58,428 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,120 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $153,477 |
| Insurance | $3,255 |
| All other expenses | $896 |
| Total functional expenses | $3,609,116 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,629,041 |
| Savings and temporary cash investments | $66,720 |
| Pledges and grants receivable | $45,130 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $10,163 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $16,142 |
| Net Land, buildings, and equipment | $350,278 |
| Investments—publicly traded securities | $248,602 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $50,019 |
| Total assets | $2,416,095 |
| Accounts payable and accrued expenses | $54,400 |
| Grants payable | $0 |
| Deferred revenue | $216,835 |
| 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 | $96,952 |
| Total liabilities | $368,187 |
| Net assets without donor restrictions | $1,791,883 |
| Net assets with donor restrictions | $256,025 |
| 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 | $2,416,095 |