Peace First Inc
- Assets
- $1.2m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 13
- Location
- Boston, MA
- Founding
- 12/1996
- Data as of
- 06/2021
- EIN
- 04-3323467
Organization Overview
Peace First Inc is located in Boston, MA. The organization was established in 1996. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. As of 06/2021, Peace First Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peace First 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 06/2021, Peace First Inc generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $2.0m during the year ending 06/2021. While expenses have increased by 2.0% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE BELIEVE IN THE POWER OF YOUNG PEOPLE TO CHANGE THE WORLD - NOT SOMEDAY IN THE FUTURE - RIGHT NOW.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PEACE FIRST CHALLENGE: STARTING IN 2016, THE PEACE FIRST CHALLENGEBRINGS TOGETHER PEACE FIRST'S EXPERTISE IN CURRICULUM, OUTREACH, YOUTHDEVELOPMENT AND TECHNOLOGY TO CREATE A PLATFORM FOR ANY YOUNG PERSON INTHE WORLD TO BECOME A PEACEMAKER. THE PEACE FIRST CHALLENGE,COMPLEMENTING OUR EXISTING PROGRAMS, WILL SERVE AS A PATHWAY FORTACKLING SOCIAL JUSTICE ISSUES AND WILL POSITION PEACE FIRST AS THELEADER IN BUILDING A YOUTH PEACEMAKING MOVEMENT.
PEACE FIRST FELLOWSHIP: IN 2012, PEACE FIRST LAUNCHED THE PEACE FIRST PRIZE, A TWO-YEAR FELLOWSHIP FOR YOUNG PEOPLE WHO EXEMPLIFY THE POSITIVE IMPACT YOUTH CAN CREATE IN THE WORLD BY UNLEASHING THEIR MORAL IMAGINATIONS. THE PRIZE HAS GENERATED OVER 120 MILLION MEDIA IMPRESSIONS, THOUSANDS OF NOMINATIONS AND APPLICATIONS AND AWARDED 20 FELLOWSHIPS TO A GROUP OF EXTRAORDINARY YOUNG EXEMPLARS.
DIGITAL PLATFORM: THE ORGANIZATION BUILT AND OPERATES A DIGITAL PLATFORM AND COMMUNITY TO SUPPORT YOUNG PEOPLE IN TURNING THEIR IDEAS INTO EFFECTIVE SOLUTIONS. CO-DEVELOPED WITH YOUNG PEOPLE FROM ACROSS THE U.S., THE PLATFORM GUIDES PARTICIPANTS AT EVERY STEP TO CREATE AN IMPACTFUL COMMUNITY-BASED PRODUCT THROUGH EXEMPLAR VIDEOS, INTERACTIVE EXCERCISES, AND SUPPORTIVE ADULT MENTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric D Dawson CEO | OfficerTrustee | 40 | $145,178 |
Amy Harris Director Of Development | 40 | $120,975 | |
Khanh Nguyen Director Of Finance | Officer | 40 | $80,269 |
Jasmine Babers Director | Trustee | 2 | $37,320 |
Anousheh Ansari Chairperson | OfficerTrustee | 2 | $0 |
Jonathan Mandle Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $238,747 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,540,996 |
| Noncash contributions included in lines 1a–1f | $920 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,779,743 |
| Total Program Service Revenue | $500 |
| Investment income | $1,415 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $109,161 |
| 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 | $1,902,666 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $177,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $325,099 |
| Compensation of current officers, directors, key employees. | $48,119 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $441,755 |
| Pension plan accruals and contributions | $4,368 |
| Other employee benefits | $31,938 |
| Payroll taxes | $68,264 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $604,801 |
| Advertising and promotion | $0 |
| Office expenses | $38,687 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $118,161 |
| Travel | $34,118 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $48,720 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $52,829 |
| Insurance | $6,940 |
| All other expenses | $0 |
| Total functional expenses | $2,031,937 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,949 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $991,222 |
| 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 | $1,982 |
| Net Land, buildings, and equipment | $31,707 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,666 |
| Total assets | $1,179,526 |
| Accounts payable and accrued expenses | $113,618 |
| 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 | $1,088,808 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $155,790 |
| Total liabilities | $1,358,216 |
| Net assets without donor restrictions | -$1,228,449 |
| Net assets with donor restrictions | $1,049,759 |
| 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 | $1,179,526 |
Grants Awarded
Over the last fiscal year, Peace First Inc has awarded $15,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Rock Island, IL PURPOSE: CONTINUED PEACEMAKING EFFORTS | $10,000 |
Chicago, IL PURPOSE: HELP BREAK CYCLES OF VIOLENCE, OVERCOME LIFE AND ACADEMIC OBSTACLES, MAKE POSITIVE CHOICES, AND REMAIN ON THE RIGHT PATH TOWARDS LIFE SUCCESS | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Peace First Inc has recieved totaling $104,000.
| Awarding Organization | Amount |
|---|---|
William James Foundation Inc Portland, OR PURPOSE: PROGRAM SUPPORT | $100,000 |
Barmore Fund Harpswell, ME PURPOSE: NON-VIOLENT CONFLICT RESOLUTION FOR YOUTHS | $2,000 |
Barmore Fund Harpswell, ME PURPOSE: NON-VIOLENT CONFLICT RESOLUTION FOR YOUTHS | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southeast Bronx Neighborhood Centers Inc Bronx, NY | $6,007,816 | $13,549,762 |
Eastern Orthodox Management Corp Worcester, MA | $21,645,086 | $13,227,405 |
Global Kids Inc New York, NY | $4,141,577 | $7,282,340 |
The Brotherhood Sister Sol Inc New York, NY | $20,180,841 | $12,284,943 |
Youth Improving Non-Profits For Children New York, NY | $6,056,525 | $7,304,563 |
Scan Harbor Inc New York, NY | $5,917,279 | $2,994,479 |
Donation Center Foundation Of Rhode Island Providence, RI | $1,265,710 | $3,198,572 |
Waterbury Youth Services Inc Waterbury, CT | $1,999,942 | $2,776,043 |
Easter Seals Rhode Island Inc North Kingstown, RI | $784,990 | $2,747,030 |
Peace First Inc Boston, MA | $1,179,526 | $1,902,666 |
2164 Inc New York, NY | $1,694,949 | $1,394,666 |
Rhode Island Kids Count Inc Providence, RI | $2,058,192 | $1,737,381 |