Global Country Of World Peace
- Assets
- $101.7k
- Revenue
- -$105.4k
- Investments
- $0.0
- Employees
- 4
- Location
- Maharishi Vedic City, IA
- Founding
- 05/2003
- Data as of
- 06/2020
- EIN
- 36-4519393
Organization Overview
Global Country Of World Peace is located in Maharishi Vedic City, IA. The organization was established in 2003. According to its NTEE Classification (U20) the organization is classified as: General Science, under the broad grouping of Science & Technology and related organizations. As of 06/2020, Global Country Of World Peace employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Country Of World 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 06/2020, Global Country Of World Peace generated -$105.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (57.8%) each year. All expenses for the organization totaled $346.2k during the year ending 06/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
SEE "EXEMPT ACTIVITIES" IN STATEMENT #1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDED HOUSING, FACILITIES, EDUCATION AND SUPPORT FOR VEDIC SCHOLARS (VEDIC PANDITS) FROM INDIA TO BE GUESTS AT OUR CAMPUS IN MAHARISHI VEDIC CITY, IOWA ENGAGING IN THE GROUP PRACTICE OF THE TRANSCENDENTAL MEDITATION AND TM-SIDHI PROGRAM AND VEDIC TECHNOLOGIES FOR PEACE AS PART OF THE INVINCIBLE AMERICA ASSEMBLY, ESTABLISHED BY MAHARISHI MAHESH YOGI IN JULY 2006 TO ACCELERATE EACH PARTICIPANT'S GROWTH IN HIGHER STATES OF CONSCIOUSNESS WHILE HAVING THE AUTOMATIC BENEFIT OF REDUCING CRIME, VIOLENCE AND SOCIAL CONFLICT IN THE NATION.
THE ORGANIZATION ENGAGED IN ACTIVITIES TO ESTABLISH AND EXPAND PHYSICAL LOCATIONS TO SERVE AS EDUCATIONAL CENTERS FOR THE TRANSCENDENTAL MEDITATION PROGRAM AND ITS WHOLE RANGE OF EDUCATIONAL SERVICES.
THE ORGANIZATION IMPLEMENTED PROJECTS TO MAKE TOTAL KNOWLEDGE OF NATURAL LAW AVAILABLE IN AGRICULTURE THROUGH ORGANIC AND MAHARISHI VEDIC ORGANIC AGRICULTURE INCLUDING EXPENSES, EQUIPMENT AND DEPRECIATION
THE ORGANIZATION PROVIDED HOUSING, FACILITIES, EDUCATION AND SUPPORT FOR VEDIC SCHOLARS (VEDIC PANDITS) FROM INDIA TO BE GUESTS AT OUR CAMPUS IN MAHARISHI VEDIC CITY, IOWA ENGAGING IN THE GROUP PRACTICE OF THE TRANSCENDENTAL MEDITATION AND TM-SIDHI PROGRAM AND VEDIC TECHNOLOGIES FOR PEACE AS PART OF THE INVINCIBLE AMERICA ASSEMBLY, ESTABLISHED BY MAHARISHI MAHESH YOGI IN JULY 2006 TO ACCELERATE EACH PARTICIPANT'S GROWTH IN HIGHER STATES OF CONSCIOUSNESS WHILE HAVING THE AUTOMATIC BENEFIT OF REDUCING CRIME, VIOLENCE AND SOCIAL CONFLICT IN THE NATION.
THE ORGANIZATION ENGAGED IN ACTIVITIES TO ESTABLISH AND EXPAND PHYSICAL LOCATIONS TO SERVE AS EDUCATIONAL CENTERS FOR THE TRANSCENDENTAL MEDITATION PROGRAM AND ITS WHOLE RANGE OF EDUCATIONAL SERVICES.
THE ORGANIZATION IMPLEMENTED PROJECTS TO MAKE TOTAL KNOWLEDGE OF NATURAL LAW AVAILABLE IN AGRICULTURE THROUGH ORGANIC AND MAHARISHI VEDIC ORGANIC AGRICULTURE INCLUDING EXPENSES, EQUIPMENT AND DEPRECIATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Maureen Wynne Secretary/director | OfficerTrustee | 0.5 | $0 |
Dr John Hagelin President/director | OfficerTrustee | 0.5 | $0 |
William Koppel CFO | Officer | 1 | $0 |
Dr Robert Lopinto Director | Trustee | 0.5 | $0 |
Dr Steven Rubin Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $800 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$137,072 |
| Net Gain/Loss on Asset Sales | $13,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | -$105,400 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $3,537 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $902 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $369 |
| Fees for services: Accounting | $5,554 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,397 |
| Advertising and promotion | $0 |
| Office expenses | $7,164 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,356 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,571 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,744 |
| Insurance | $7,389 |
| All other expenses | $0 |
| Total functional expenses | $346,188 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,809 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $55,000 |
| 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 | $4,144 |
| Investments—publicly traded securities | $66 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $101,670 |
| Accounts payable and accrued expenses | $10,097 |
| 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 | $1,272,553 |
| Other liabilities | $0 |
| Total liabilities | $1,282,650 |
| 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 |
| Total liabilities and net assets/fund balances | -$1,180,980 |
Grants Awarded
Over the last fiscal year, Global Country Of World Peace has awarded $143,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Fairfield, IA PURPOSE: FINANCIAL SUPPORT | $103,000 |
Fairfield, IA PURPOSE: FINANCIAL SUPPORT | $40,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Global Country Of World Peace has recieved totaling $389,100.
| Awarding Organization | Amount |
|---|---|
Brahmananda Saraswati Foundation Fairfield, IA PURPOSE: SEE PART IV | $194,550 |
Brahmananda Saraswati Foundation Fairfield, IA PURPOSE: SEE PART IV | $194,550 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iit Research Institute Chicago, IL | $42,081,000 | $29,119,000 |
St Louis Science Center Foundation St Louis, MO | $53,330,924 | $19,478,193 |
Science Olympiad Villa Park, IL | $7,416,864 | $1,456,157 |
Global Country Of World Peace Maharishi Vedic City, IA | $101,670 | -$105,400 |
Milwaukee Institute Inc Milwaukee, WI | $65,088 | $176,000 |
Inscied Out Foundation Rochester, MN | $74,782 | $157,869 |
International Society For Molecular Plant-Microbe Interactions Inc Eagan, MN | $637,891 | $194,555 |
Asociacion Gnostica De Estudios De Antropologia Y Ciencias Ageacac In Dwight, NE | $496,531 | $119,519 |
American Pharmacists Association Academy Of Student Pharmacists Minneapolis, MN | $39,636 | $0 |
Wisconsin Society Of Science Teachers Cambridge, WI | $491,364 | $0 |
Serengeti Genesis Duluth, MN | $1,895 | $38,656 |
Illini Robotics Champaign, IL | $46,643 | $0 |