Coar Peace Mission
- Assets
- $1.1m
- Revenue
- $844.5k
- Investments
- $516.1k
- Employees
- 3
- Location
- Wickliffe, OH
- Founding
- 03/1946
- Data as of
- 12/2022
- EIN
- 34-1462492
Organization Overview
Coar Peace Mission is located in Wickliffe, OH. The organization was established in 1946. According to its NTEE Classification (Q11) the organization is classified as: Single Organization Support, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2022, Coar Peace Mission employed 3 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Coar Peace Mission 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, Coar Peace Mission generated $844.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $668.0k during the year ending 12/2022. While expenses have increased by 1.3% 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
SERVES AS SUPPORT & DEVELOPMENT OFFICE FOR THE COAR CHILDREN'S VILLAGE IN ZARAGOZA, EL SALVADOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO THE COAR CHILDREN'S VILLAGE IN ZARAGAOZA, EL SALVADOR, CENTRAL AMERICA. THESE GRANTS DIRECTLY SUPPORT APPROXIMATELY 40 CHILDREN IN RESIDENTIAL FOSTER CARE AT THE COAR CHILDREN'S VILLAGE, ADMINISTERED BY THE ROMAN CATHOLIC ARCHDIOCESE OF SAN SALVADOR. THE GRANTS PROVIDE ALL THE CHILDREN'S FOOD, HEALTH CARE, SHELTER AND UTILITIES, TRANSPORTATION, SCHOOL TUITION AND SUPPLIES, VOCATIONAL TRAINING AND SUPPLIES, RECREATION SUPPLIES, SECURITY AND SUPPORT STAFF INCLUDING HOUSEMOTHERS, PSYCHOLOGISTS, MAINTENANCE WORKERS, ACCOUNTANTS, CHILD CARE EXPERTS AND GOVERNMENT COMPLIANCE EXPERTS (WITH THE CHILD CARE LAWS OF EL SALVADOR, LEPINA). SECONDARILY THE GRANTS SUBSIDIZE THE COAR SCHOOL AND CLINIC, WHICH TOGETHER SERVE AN ADDITIONAL 1,000 CHILDREN AND THEIR FAMILIES.
STUDENT AND GROUP MISSION TRIPS TO THE COAR CHILDREN'S VILLAGE. COAR PEACE MISSION ORGANIZES VISITS (USUALLY 7-10 DAYS) TO THE COAR CHILDREN'S VILLAGE FOR GROUPS, USUALLY SCHOOLS AND CHURCHES (2-5 GROUPS/YEAR, 10-20 PEOPLE/GROUP). VISITORS GIVE SERVICE BY TEACHING ENGLISH AND PLAYING WITH RESIDENT CHILDREN. VISITORS ALSO LEARN ABOUT THE HISTORY OF EL SALVADOR, THE CURRENT CHALLENGES FACED BY THE COUNTRY AND THE COAR CHILDREN, THE ROLE OF THE CATHOLIC CHURCH AND COAR'S DAILY OPERATIONS THAT PROTECT AND HEAL VULNERABLE CHILDREN.
MISSION COOPERATIVE PLAN PARTICIPATION AND EDUCATION PROGRAMS. THE MISSION COOPERATIVE PLAN COORDINATES INVITATIONS TO MISSIONS OF THE CATHOLIC CHURCH TO SPEAK AT PARISHES THROUGHOUT NORTH AMERICA, EDUCATING PARISHIONERS ABOUT THEIR PARTICULAR MISSION, THE MISSIONS OF THE CHURCH GENERALLY AND RELATING THE MISSION TO THE DAY'S MASS READINGS. COAR PEACE MISSION RECEIVES APPROXIMATELY 30-60 ASSIGNMENTS EACH YEAR AND IS FREQUENTLY ASKED TO EXPAND THE WEEKEND INVITATION TO A WEEK-LONG OR ON-GOING EDUCATIONAL RELATIONSHIP WITH PARISH GROUPS AND SCHOOLS. EDUCATIONAL MATERIALS ARE FOUND IN OUR NEWSLETTER, WEBSITE, SOCIAL MEDIA SITES AND OTHER MATERIAL PRODUCED TO MEET THE NEEDS OF TEACHERS AND PARISHES.
SPONSORSHIP PROGRAMS (GIVE A CHILD A HOME (GCH) AND GIVE A CHILD A CHANCE (GCC)). IN ORDER TO CONNECT TO THE CHILDREN MORE PERSONALLY, APPROXIMATELY 500 DONORS CHOOSE TO SPONSOR A CHILD. THE TWO PROGRAMS, GCH AND GCC, FEATURE SUPPORT FOR THE RESIDENTIAL PROGRAM OR SCHOOL EXPENSES, RESPECTIVELY. DONORS RECEIVE A PICTURE AND LETTER FROM A COAR CHILD EVERY SIX MONTHS, OR MORE FREQUENTLY IF THEY WISH TO CORRESPOND. GRANT EXPENSE IS INCLUDED IN 4A TOWARDS THE SUPPORT OF ALL THE OPERATIONS OF THE COAR CHILDREN'S VILLAGE AND NOT TO SUPPORT A PARTICULAR CHILD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John P Papadopulos Treasurer | OfficerTrustee | 1 | $0 |
Christopher B Janezic ESQ Secretary | OfficerTrustee | 1 | $0 |
Joseph C Raguso Vice President | OfficerTrustee | 1 | $0 |
Melanie Anne Reda President | OfficerTrustee | 1 | $0 |
Daphne Held Director | Trustee | 1 | $0 |
Sr Sheila Marie Tobbe Osu Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $81,812 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $756,593 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $838,405 |
| Total Program Service Revenue | $0 |
| Investment income | $7,950 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$1,806 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $844,549 |
| 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 | $414,858 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $54,000 |
| Compensation of current officers, directors, key employees. | $8,100 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $71,610 |
| Pension plan accruals and contributions | $6,683 |
| Other employee benefits | $1,905 |
| Payroll taxes | $9,651 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,038 |
| Advertising and promotion | $34,231 |
| Office expenses | $5,085 |
| Information technology | $9,620 |
| Royalties | $0 |
| Occupancy | $10,950 |
| Travel | $4,136 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $367 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,274 |
| All other expenses | $0 |
| Total functional expenses | $668,002 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $530,976 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $11,905 |
| 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 | $1,400 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $516,078 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $500 |
| Total assets | $1,060,859 |
| Accounts payable and accrued expenses | $7,356 |
| 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 | $7,356 |
| Net assets without donor restrictions | $1,035,774 |
| Net assets with donor restrictions | $17,729 |
| 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 | $1,060,859 |