Creating Friendships For Peace Inc
- Assets
- $401.4k
- Revenue
- $146.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Wolfeboro, NH
- Founding
- 03/2012
- Data as of
- 12/2023
- EIN
- 45-0666188
Organization Overview
Creating Friendships For Peace Inc is located in Wolfeboro, NH. The organization was established in 2012. According to its NTEE Classification (Q23) the organization is classified as: International Exchange N.E.C., 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. Creating Friendships For Peace 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 12/2023, Creating Friendships For Peace Inc generated $146.5k 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 (3.1%) each year. All expenses for the organization totaled $157.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.7%) 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
CREATING FRIENDSHIPS FOR PEACE, INC. (CFP) PROMOTES FRIENDSHIPS AMONG TEENAGERS FROM DIVIDED COMMUNITIES AND EXTENDS THOSE FRIENDSHIPS TO THEIR FAMILIES AND FRIENDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CREATING FRIENDSHIPS FOR PEACE (CFP) PROVIDES A TWO-YEAR PROGRAM FOR CYPRIOT HIGH-SCHOOL STUDENTS. IN YEAR ONE, SELECTED TEENS ATTEND PEACE CAMPS IN CYPRUS, LEARNING ABOUT EACH OTHER'S HISTORY AND CULTURE. IN YEAR TWO, THE SAME TEENS ARE ELIGIBLE TO ATTEND A MONTH-LONG LIVING EXPERIENCE IN THE U.S. WITH AN AMERICAN HOST FAMILY. DURING THIS MONTH, THE TEENS SHARE A ROOM WITH A MEMBER OF THE OTHER COMMUNITY OF THE SAME GENDER AND DEVELOP A DEEPER UNDERSTANDING OF EACH OTHER. THEY DISCOVER WHAT THEY SHARE IN COMMON AND LEARN THE LESSON OF RECONCILIATION. OUR PROGRAM IN CYPRUS IS REFERRED TO AS THE CYPRUS FRIENDSHIP PROGRAM AND INCLUDES OUR INDEPENDENT VOLUNTEER CYPRIOT COORDINATORS WHO MANAGE OUR YEAR ONE WORKSHOPS, PROJECTS AND WEEK LONG SUMMER PEACE CAMPS, ALL FUNDED WITH CYPRIOT RESOURCES. ALMOST ALL OF CFP'S EXPENSES FOR THE CYPRUS FRIENDSHIP PROGRAM ARE RELATED TO THE TRAVEL AND INSURANCE COSTS FOR THE TEEN PAIRS WHO COME TO THE U.S. AS OF THE END OF 2023, OVER 1,300 CYPRIOT TEENS HAVE GRADUATED FROM OUR PROGRAM.
EXPLORATORY ALUMNI DEVELOPMENT EVENT IN BELFAST TO REACH OUT TO CFP'S 2,000 ALUMNI.
IN 2023, CFP HOSTED TEENS FROM ISRAEL/PALESTINE WITH TEENS FROM CYPRUS IN THE US HOSTING AREAS, WORKING IN COORDINATION WITH A BI-COMMUNAL TEAM OF COORDINATORS IN ISRAEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Warren Belmar Director/secretary | OfficerTrustee | 1 | $0 |
Susan Elliott Director | Trustee | 1 | $0 |
Simge Kahvecioglu Director | Trustee | 1 | $0 |
Mary Kurucz Director | Trustee | 1 | $0 |
Michael Liatsos Director | Trustee | 1 | $0 |
Tom Mccarthy Director | Trustee | 1 | $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 | $144,328 |
| Noncash contributions included in lines 1a–1f | $6,167 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $144,328 |
| Total Program Service Revenue | $0 |
| Investment income | $2,164 |
| 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 | $146,492 |
| 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 | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,060 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,017 |
| Office expenses | $2,012 |
| Information technology | $8,223 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $103,109 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $302 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,984 |
| All other expenses | $33,792 |
| Total functional expenses | $157,499 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $155,195 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $13,500 |
| Accounts receivable, net | $8,402 |
| 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 | $1,942 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $222,371 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $401,410 |
| Accounts payable and accrued expenses | $1,084 |
| 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 | $1,084 |
| Net assets without donor restrictions | $390,326 |
| Net assets with donor restrictions | $10,000 |
| 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 | $401,410 |
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West African Research Association Boston, MA | $185,256 | $665,897 |
Scandinavian Seminar Amherst, MA | $1,990,270 | $134,576 |
Creating Friendships For Peace Inc Wolfeboro, NH | $401,410 | $146,492 |
Walker Center For Ecumenical Exchange Inc Dedham, MA | $5,795,627 | $2,968,007 |
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