Peace Action
- Assets
- $659.7k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 22
- Location
- Silver Spring, MD
- Founding
- 04/1986
- Data as of
- 12/2022
- EIN
- 36-3294748
Organization Overview
Peace Action is located in Silver Spring, MD. The organization was established in 1986. According to its NTEE Classification (Q40) the organization is classified as: International Peace & Security, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2022, Peace Action employed 22 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Peace Action is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Peace Action generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $1.0m during the year ending 12/2022. While expenses have increased by 4.7% per year over the past 7 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
TO BUILD CITIZEN SUPPORT FOR BUDGET PRIORITIES THAT FUND HUMAN NEEDS INSTEAD OF ENDLESS WAR, ELIMINATING WEAPONS OF MASS DESTRUCTION, AND INCREASE INTERNATIONAL COOPERATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
SEE SCHEDULE O
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Allen Secretary | Trustee | 0.5 | $0 |
Caroline Olvera Co-Chair | Trustee | 0.5 | $0 |
Alpesh Patel Board Member | Trustee | 0.5 | $0 |
Susie Allison-Litton Board Member | Trustee | 0.5 | $0 |
Jim Anderson Co-Chair & Treasurer | Trustee | 0.5 | $0 |
Judith Leblanc Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $35,686 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,081,253 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,116,939 |
| Total Program Service Revenue | $0 |
| Investment income | $6,697 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $976 |
| Net Gain/Loss on Asset Sales | -$36 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,124,576 |
| 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. | $147,483 |
| Compensation of current officers, directors, key employees. | $18,153 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $413,608 |
| Pension plan accruals and contributions | $7,931 |
| Other employee benefits | $49,580 |
| Payroll taxes | $43,381 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,521 |
| Fees for services: Accounting | $10,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,416 |
| Fees for services: Other | $45,298 |
| Advertising and promotion | $1,951 |
| Office expenses | $68,430 |
| Information technology | $53,085 |
| Royalties | $0 |
| Occupancy | $88,201 |
| Travel | $15,166 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,948 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $678 |
| Insurance | $8,394 |
| All other expenses | $222 |
| Total functional expenses | $1,028,552 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $299,309 |
| Savings and temporary cash investments | $6,046 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $25,228 |
| 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 | $3,554 |
| Net Land, buildings, and equipment | $1,888 |
| Investments—publicly traded securities | $279,333 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $44,348 |
| Total assets | $659,706 |
| Accounts payable and accrued expenses | $240,284 |
| 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 | $141,530 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $59,759 |
| Total liabilities | $441,573 |
| Net assets without donor restrictions | $158,133 |
| Net assets with donor restrictions | $60,000 |
| 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 | $659,706 |