Global Projects For Peace
- Assets
- $516.4k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 3
- Location
- Fairfield, IA
- Founding
- 07/2010
- Data as of
- 12/2022
- EIN
- 26-1116889
Organization Overview
Global Projects For Peace is located in Fairfield, IA. The organization was established in 2010. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Global Projects For Peace employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Projects For Peace 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, Global Projects For Peace generated $1.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. While expenses have increased by 5.3% 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
THE PURPOSE OF GLOBAL PROJECTS FOR PEACE IS "TO PERFORM ACTIVITIES FOR THE SUPPORT AND BENEFIT OF MAHARISHI INTERNATIONAL UNIVERSITY (MIU), AN IOWA NON-PROFIT CORPORATION, AND BRAHMANANDA SARASWATI FOUNDATION (BSF), A DELAWARE NON-PROFIT CORPORATION AUTHORIZED TO DO BUSINESS IN IOWA" THROUGH PROGRAMS BRINGING ENLIGHTENMENT TO THE INDIVIDUAL, INVINCIBILITY TO EVERY NATION AND WORLD PEACE.GLOBAL PROJECTS FOR PEACE IS ENGAGED IN SUPPORTING THE WORK OF MIU AND BSF BY ENGAGING IN THE FOLLOWING CHARITABLE ACTIVITIES, WHICH BUT FOR GLOBAL PROJECTS FOR PEACE WOULD BE ENGAGED IN BY MIU AND BSF TO SUPPORT THE TEACHING OF TRANSCENDENTAL MEDITATION AND OTHER PROGRAMS OF THE GLOBAL COUNTRY OF WORLD PEACE IN COUNTRIES AROUND THE WORLD--FACILITATING TRAVEL AND PARTICIPATION OF CANDIDATES FROM EMERGING COUNTRIES IN INTERNATIONAL TRANSCENDENTAL MEDITATION TEACHER TRAINING COURSES,--ORGANIZING TOURS OF EXPERTS IN CONSCIOUSNESS-BASED EDUCATION AND ADVANCED PROGRAMS IN AFRICA AND THE CARIBBEAN,--SUPPORTIN
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE ATTACHMENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Constance Olson Treasurer | Officer | 20 | $29,563 |
William L Koppel Director | Trustee | 1 | $0 |
Donielle Freeberg Director | Trustee | 1 | $0 |
Robert K Markowitz Director | Trustee | 1 | $0 |
Owen Blake Director | Trustee | 0 | $0 |
Tom Brooks Director | Trustee | 0 | $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 | $1,314,478 |
| Noncash contributions included in lines 1a–1f | $322,931 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,314,478 |
| Total Program Service Revenue | $0 |
| Investment income | $175 |
| 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 | $1,314,358 |
| 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 | $765,936 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $29,563 |
| Compensation of current officers, directors, key employees. | $29,563 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,987 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,150 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,097 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $25,420 |
| Advertising and promotion | $0 |
| Office expenses | $10,923 |
| Information technology | $9,191 |
| Royalties | $8,035 |
| Occupancy | $4,300 |
| Travel | $89,506 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,032 |
| Interest | $148 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,334 |
| All other expenses | $10,601 |
| Total functional expenses | $1,094,486 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $470,129 |
| 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 | $46,230 |
| 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 | $516,359 |
| Accounts payable and accrued expenses | $2,661 |
| 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 | $1 |
| Total liabilities | $2,662 |
| Net assets without donor restrictions | $28,595 |
| Net assets with donor restrictions | $485,102 |
| 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 | $516,359 |