Catalyst For Peace
- Assets
- $3.5m
- Revenue
- $127.5k
- Investments
- $2.1m
- Employees
- 0
- Location
- Falmouth, ME
- Founding
- 03/2004
- Data as of
- 12/2022
- EIN
- 35-2202654
Organization Overview
Catalyst For Peace is located in Falmouth, ME. The organization was established in 2004. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Catalyst 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, Catalyst For Peace generated $127.5k 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 (43.3%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Catalyst For Peace has awarded 17 individual grants totaling $698,558. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
CATALYST FOR PEACE (CFP) HAS CONTINUED TO PIONEER THE PRACTICE AND THEORY-BUILDING OF AN INSIDE-OUT APPROACH TO PEACE AND DEVELOPMENT, WHERE THE PEOPLE CLOSEST TO THE PROBLEMS ARE THE ONES WHO LEAD IN ADDRESSING THEM, WELL SUPPORTED BY THOSE ON THE OUTSIDE, AT EVERY LEVEL. WE HAVE WORKED WITH OUR LONG-TERM SIERRA LEONEAN PARTNER ORGANIZATION, FAMBUL TOK, AND THE GOVERNMENT OF SIERRA LEONE TO ADAPT FAMBUL TOK'S COMMUNITY-LED PROCESS TO A NATIONAL POLICY FRAMEWORK, SO THAT IT CAN BE THE BASIS OF THAT COUNTRY'S NATIONAL DEVELOPMENT PLANNING AND LOCAL GOVERNANCE INFRASTRUCTURE. WE HAVE LED A GLOBAL CONVERSATION ON INSIDE-OUT PEACE AND DEVELOPMENT THROUGH THE PUBLICATION OF CFP PRESIDENT LIBBY HOFFMAN'S BOOK THE ANSWERS ARE THERE: BUILDING PEACE FROM THE INSIDE OUT, WHICH HAS GONE ON TO WIN SEVERAL AWARDS. WE ALSO LED WEBINARS, PUBLISHED SHORTER THOUGHT PIECES, GAVE MULTIPLE TALKS AND MEDIA INTERVIEWS, HOSTED NATIONAL AND INTERNATIONAL CONFERENCES AND WORKSHOPS, AND TRAINED AND MENTORED A G
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elisabeth Hoffman President | 0 | $137,186 | |
Seth Johnson Secy & Treas | 0 | $0 | |
Alfred Hoffman Jr Director | 0 | $0 | |
Cynthia Sampson Director | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Charles Gibbs | 12/30/22 | $60,531 |
Fambul Tok International Sl | 12/30/22 | $125,860 |
Institute For State Effectiveness | 12/30/22 | $175,985 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $90,800 |
| Interest on Savings | $60 |
| Dividends & Interest | $59,094 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$33,146 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $10,724 |
| Total Revenue | $127,532 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $137,186 |
| Other employee salaries and wages | $123,494 |
| Pension plans, employee benefits | $0 |
| Interest | $16,150 |
| Taxes | $60,767 |
| Depreciation | $14,392 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $71,917 |
| Printing and publications | $0 |
| Other expenses | $91,918 |
| Total operating and administrative expenses | $1,070,126 |
| Contributions, gifts, grants paid | $25,681 |
| Total expenses and disbursements | $1,095,807 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,203 |
| Savings and temporary cash investments | $174,647 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| 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 | $1,096,681 |
| Other assets | $3,795 |
| Total assets | $3,479,047 |
| 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 | $874,802 |
| Total liabilities | $874,802 |
Grants Awarded
Over the last fiscal year, Catalyst For Peace has awarded $25,681 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE FOR PEACEBUILDING PURPOSE: GENERAL SUPPORT | $20,000 |
GREATER PORTLAND IMMIGRANT WELCOME PURPOSE: GENERAL SUPPORT | $500 |
NEO PHILANTHROPY PURPOSE: GENERAL SUPPORT | $5,181 |