Omnipeace Foundation Inc
- Assets
- $112.6k
- Revenue
- $28.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 01/2011
- Data as of
- 12/2020
- EIN
- 27-1900109
Organization Overview
Omnipeace Foundation Inc is located in Los Angeles, CA. The organization was established in 2011. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Omnipeace Foundation 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 12/2020, Omnipeace Foundation Inc generated $28.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (30.5%) each year. All expenses for the organization totaled $145.8k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE PEACE, EDUCATION, HUMAN RIGHTS, AND TO FIGHT EXTREME POVERTY IN AFRICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE RWANDA ROCKS MUSIC SCHOOL GIVES CHILDREN THE OPPORTUNITY TO EXPLORE MUSIC AS A TOOL OF SELF-EXPRESSION, WHILE IMPROVING THEIR BASIC EDUCATION. THE RWANDA ROCKS MUSIC SCHOOL WILL NURTURE AND AMPLIFY THE SPIRIT OF HEALING THROUGH THE POWER OF MUSIC.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rocky Dawuni Director | 6 | $0 | |
Harold Owen Director | 6 | $0 | |
Eden Alpert Director | 6 | $0 | |
Mary Fanaro President | 25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $28,076 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $28,076 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $2,782 |
| Taxes | $962 |
| Depreciation | $0 |
| Occupancy | $902 |
| Travel, conferences, and meetings | $36,688 |
| Printing and publications | $61 |
| Other expenses | $79,674 |
| Total operating and administrative expenses | $145,555 |
| Contributions, gifts, grants paid | $250 |
| Total expenses and disbursements | $145,805 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,669 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $97,904 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $112,573 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $126,956 |
| Total liabilities | $126,956 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Omnipeace Foundation Inc has recieved totaling $110,100.
| Awarding Organization | Amount |
|---|---|
Alesia Family Foundation Los Angeles, CA PURPOSE: PROGRAM SUPPORT | $100,000 |
United Way Of Greater St Louis Inc Saint Louis, MO PURPOSE: CCS - Strengthen Communities | $10,000 |
Bilak Family Foundation Beverly Hills, CA PURPOSE: BUILDS SCHOOLS TO EMPOWER YOUTH LIVING IN EXTREME POVERTY IN AFRICA. OUR MUSIC SCHOOLS PROVIDE FREE MUSIC EDUCATION FOR AT-RISK YOUTH TO HELP THEM RISE ABOVE THE POVERTY LINE. IT IS A SAFE SPACE FOR STUDENTS TO UNLEASH THEIR CREATIVE POTENTIAL AND FULFILL THEIR DREAMS. | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kaizen Educational Foundation Phoenix, AZ | $53,687,317 | $45,601,979 |
Music Center Foundation Los Angeles, CA | $314,452,554 | $21,090,065 |
Norton Simon Art Foundation Pasadena, CA | $402,690,558 | $10,441,452 |
Reut Usa Woodland Hills, CA | $1,442,535 | $3,682,077 |
Laurie C Mcgrath Foundation San Diego, CA | $66,075,096 | $62,426,346 |
Armenian Educational Foundation Inc Glendale, CA | $5,680,253 | $2,130,869 |
William And Joanne Miller Charitable Trust Simi Valley, CA | $69,537,632 | $4,537,991 |
Latino Public Broadcasting Los Angeles, CA | $1,965,169 | $2,106,064 |
Hack The Hood Inc Oakland, CA | $1,558,755 | $1,730,354 |
Womans Club Of Hollywood Los Angeles, CA | $248,203 | $0 |
Diablo Regional Arts Association Walnut Creek, CA | $3,333,800 | $1,541,851 |
Jack Van Sickle Foundation Reno, NV | $9,650,730 | $1,661,273 |