World Peace Catalyst Fund
- Assets
- $1.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington, VA
- Founding
- Data as of
- 12/2023
- EIN
- 86-3924493
Organization Overview
World Peace Catalyst Fund is located in Arlington, VA. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Peace Catalyst Fund 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, World Peace Catalyst Fund generated $122.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 59.6% each year . All expenses for the organization totaled $122.0k during the year ending 12/2023. While expenses have increased by 59.6% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WORLD PEACE CATALYST FUND IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, EDUCATIONAL, AND SCIENTIFIC PURPOSES, INCLUDING, FOR SUCH PURPOSES AS ESTABLISHING CROSS CULTURAL CONVERSATIONS, PROVIDING A BASIS FOR GLOBAL NETWORKS AND THUS CATALYZING WORLD PEACE, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, OR CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE
Describe the Organization's Program Activity:
Part 3
CROSS CULTURAL PROGRAM - WPCF FACILITATES CROSS-CULTURAL COMMUNICATIONS BY PROVIDING A FREE SEMIOTIC SOCIAL MEDIA APPLICATION, ICEBREAKERS, THAT REDUCES THE COMMUNICATION BARRIER BY 90% AND ALLOWS FOR SAFE, EASY AND EFFECTIVE CROSS-CULTURAL COMMUNICATION. WE ARGUE THAT THE MORE CROSS-CULTURAL COMMUNICATIONS WE HAVE, THE MORE WE KNOW ABOUT WHAT SEPARATES US AND WHAT BINDS US AND THE CLOSER WE WILL BE TO WORLD PEACE. IN THE FIRST YEAR, ALL EXPENSES FOR THIS PROGRAM WENT TO THE DEVELOPMENT OF THE MOBILE APPLICATION AND ADVERTISING TO RECEIVE USERS. IMPACT IS MEASURED BY HOW MANY PEOPLE DOWNLOAD THE APPLICATION, USE THE APPLICATION AND HOW MANY 'SOCIAL BONDS OF SOCIETY' WE CAN COLLECT. WE HAVE THE APPLICATION INSTALLED ON 302 DEVICES AROUND THE WORLD. WE HAVE NOT BEEN ABLE TO COLLECT ANY BONDS OF SOCIETY BECAUSE THE MECHANISM TO MINE FOR THESE BONDS OF SOCIETY FROM THE CONVERSATIONS HAS NOT BEEN DEVELOPED YET.
ART FOR WORLD PEACE - WPCF SYSTEMICALLY INVESTIGATES SYMBOLS FROM DIFFERENT CULTURES AROUND THE WORLD IN A SEARCH FOR UNIVERSAL TRUTHS TO CREATE A 'PERIODIC TABLE OF SYMBOLS'. THIS PERIODIC TABLE OF SYMBOLS WILL SUPPORT THE SEMIOTIC SOCIAL MEDIA APPLICATION PROVIDED BY WPCF AND THUS SUPPORT THE WORLD PEACE EFFORT. HAVING A PERIODIC TABLE OF SYMBOLS, ALLOWS FOR BETTER AND MORE EFFICIENT USAGE OF THE APPLICATION WHICH INCREASES OUR IMPACT. IN ADDITION, DISPLAYING THE ARTWORK CREATES A THOUGHT OF COMMON CULTURAL UNDERSTANDING WHICH PROMOTES THE WORLD PEACE MINDSET. OUR IMPACT IS MEASURED BY THE NUMBER OF FOLLOWERS ACROSS OUR SOCIAL MEDIA PLATFORMS WHICH IS 9,526 PEOPLE.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $121,989 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $121,989 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $1,989 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $120,000 |
| Total expenses | $121,989 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,000 |
| Other assets | $0 |
| Total assets | $1,000 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,000 |