Peace Through Commerce Inc
- Assets
- $256.5k
- Revenue
- $37.4k
- Investments
- $125.0k
- Employees
- 1
- Location
- Austin, TX
- Founding
- 04/2011
- Data as of
- 12/2022
- EIN
- 27-3971757
Organization Overview
Peace Through Commerce Inc is located in Austin, TX. The organization was established in 2011. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peace Through Commerce 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, Peace Through Commerce Inc generated $37.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (33.7%) each year. All expenses for the organization totaled $30.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (33.9%) per year over the past 5 years. 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
PEACE THROUGH COMMERCE IS A STRATEGIC GLOBAL AND EDUCATIONAL ORGANIZATION DEDICATED TO CREATING A WORLD WHERE ALL PEOPLE ENJOY PEACE AND PROSPERITY. WE GUIDE PEOPLE TO VIEW GLOBAL PROBLEMS FROM A DIFFERENT LEVEL OF CONSCIOUSNESS USING OUR TECHNOLOGY - THE MATRIX OF PEACE WHOLE SYSTEMS MODELTM
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHAKTI INCUBATOR FOR SHAKTI LEADERSHIP TRAINING. PTC BECAME FOR THE FIFTH YEAR THE LEGAL AND FINANCIAL PARENT OF THE SHAKTI LEADERSHIP PROGRAM LED BY NILIMA BHAT, WHO ALSO SERVED ON THE ADVISORY BOARD OF PTC, AND CO-LED BY RAJENDRA SISODIA, CO-AUTHOR OF THE BOOK ON SHAKTI LEADERSHIP, EMBRACING THE FEMININE AND MASCULINE POWER. EXPENSES FOR CONSULTING FEES AND RENT: NONCASH $1,391. REVENUE: NONCASH DONATIONS EARMARKED FOR 4A: $1,391.
MATRIX OF PEACE WHOLE SYSTEMS MODELTM EDUCATION, TRAINING AND IMPLEMENTATION. THIS MODEL EMBODIES OUR PEACEBUILDING TECHNOLOGY. IT IS A MULTI-SECTOR, LIVING SYSTEMS AND CONSCIOUSNESS MODEL FOR DESIGNING AND ACTUALIZING PEACEFUL SOCIETIES. IT WAS USED IN TRAINING SHAKTI FELLOWSHIP PARTICIPANTS IN THE SHAKTI LEADERSHIP INCUBATOR OF PTC AND IS POSITIONED TO DO THE SAME WITH ALUMNI AND DONORS UNITE INCUBATOR. EXPENSES FOR CONSULTING FEES AND RENT: NONCASH $86,379. REVENUE: NONCASH DONATIONS EARMARKED FOR 4B: $86,379.
ALUMNI AND DONORS UNITE WAS FORMED AS AN EDUCATIONAL NONPROFIT. IT ACCESSES DECADES OF CUTTING-EDGE THINK TANK RESEARCH AND PAIRS IT WITH THE ACTIVE ENGAGEMENT OF ALUMNI, DONORS, PARENTS, STUDENTS AND LOVERS OF FREEDOM, TO RESTORE ACADEMIC FREEDOM ON CAMPUS. ITS MISSION IS CLOSELY ALIGNED WITH THAT OF PEACE THROUGH COMMERCE AND ITS WORK FURTHERS PEACE THROUGH COMMERCE'S MISSION TO TEACH THE MATRIX OF PEACE. IN PARTICULAR, ALUMNI AND DONORS UNITE PLANS TO INCUBATE THE MATRIX OF PEACE MODEL IN ITS EDUCATIONAL OFFERINGS AND RELATIONSHIPS. EXPENSES FOR CONSULTING FEES AND RENT: NONCASH $111,632. REVENUE: NONCASH DONATIONS EARMARKED FOR 4C: $111,632.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philomena Blees Director, Ceo, President | OfficerTrustee | 60 | $3,925 |
Patti Brennan Treasurer, Bookkeeper | Officer | 5 | $1,053 |
Michelle Waters Director, Chief Strategy Officer | OfficerTrustee | 20 | $0 |
Khotan Shahbazi-Harmon Director | Trustee | 10 | $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 | $37,303 |
| Noncash contributions included in lines 1a–1f | $16,560 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,303 |
| Total Program Service Revenue | $100 |
| Investment income | $0 |
| 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 | $37,403 |
| 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 | $0 |
| 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 | $1,053 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $54 |
| Fees for services: Management | $3,925 |
| 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 | $1,750 |
| Advertising and promotion | $320 |
| Office expenses | $0 |
| Information technology | $17,097 |
| 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 | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14 |
| Insurance | $1,428 |
| All other expenses | $0 |
| Total functional expenses | $30,689 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,722 |
| 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 | $0 |
| 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 | $125,000 |
| Investments—program-related | $0 |
| Intangible assets | $94,958 |
| Other assets | $4,837 |
| Total assets | $256,517 |
| Accounts payable and accrued expenses | $80 |
| 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 | $80 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $256,437 |
| Total liabilities and net assets/fund balances | $256,517 |