Peace First INC FY2022 filing

Tax-deductible

Boston, MA501(c)(3)Youth DevelopmentEIN 04-3323467Revenue $2.4M in FY2022

On file with the IRSpeacefirst.org6 Liberty Square 2180, 02109-5800 · Boston, MATax-exempt since Dec 1996Publicly supported charity — 170(b)(1)(A)(vi)

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We believe in the power of young people to change the world - not someday in the future - right now.

501(c)(3) charity; gifts are tax-deductible.
66¢ of each $1 spent went to programs.
$331K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $18K a year · 1% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
66%
of spending
Fine: 66% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$331K
to officers and key staff · 20% of spending
Fine: pay to officers and key staff is 20% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $75K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$50K
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 9 voting members
Looks good: 7 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.4M
+25% vs prior year
Spent
$1.6M
To programs
66%
Net assets
$574K
By yearFY2020–FY2025
Revenue
$2.4M
FY2022▲ +25%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.3M
FY2021$1.9M
FY2022$2.4M
FY2023$1.4M
FY2024$1.2M
FY2025$189K
Expenses
$1.6M
FY2022▼ -20%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.9M
FY2021$2.0M
FY2022$1.6M
FY2023$1.4M
FY2024$1.2M
FY2025$433K
Net assets
$574K
FY2022▲ +421%
Tap a bar for its year
Net assets by fiscal year
FY2020−$49K
FY2021−$179K
FY2022$574K
FY2023$653K
FY2024$630K
FY2025$386K

From the FY2022 Form 990 (year ending June 2022) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1996.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

66 cents of each dollar spent went to programs.

Program services 66% · $1.1M Management & general 18% · $286K Fundraising 16% · $261K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990; $331K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$148,015Pt VII · Sec A
Senior Director of Finance & Operations
$90,000Pt VII · Sec A
Secretary of the Board
$58,084Pt VII · Sec A
Board Member
$35,312Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A

Isaac Cudjoe’s $142K as CEO is at the 97th percentile of top reported officer pay among 1992 $100K–1M youth development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Bobby Jones—————$149,974
Eric D Dawson——$148,015$148,015$145,178$145,750
Isaac Cudjoe$142,000$142,000————
Amy Harris————$120,975—
Khanh Nguyen—$100,000$90,000$90,000$80,269—
Beeta Ansari—$100,000$58,084———
Bonnie Benjamin-Phariss—————$96,191
Sydney Axelrod———$58,084——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowers young people to create positive change in their communities today.

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Provided by the organization

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3 programs · $901K · in their own filed words · FY2021
01

Youth Engagement

All programmatic activities that peace first implemented, including the peace first challenge, impact rooms, the ambassador program, and the fellow-in-residence. Peace first also trains and mentors young people all over the world to tackle social injustices and become changemakers.

$633Kprogram expense
02

Storytelling

At peace first, storytelling means amplifying the voices and experiences of young changemakers to inspire others and build a more just and peaceful world. We aim to showcase the incredible impact that young people can have when given the tools and resources to create positive change in their communities.

$139Kprogram expense
03

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 around the world, the platform guides participants at every step to create an impactful community-based product through exemplary videos, interactive exercises, and…

$129Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$75K
See all 3 funders →
Grants paid · 3 grants · $376K · 2019–2021
Unitemized GrantFY2021$23,859
Unitemized GrantFY2020$177,000
Unitemized GrantFY2019$175,307

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$2.4M
Ln 12
Gifts and grantsLn 1h$2.2M
Other incomeLn 4–11$124K
Fees for servicesLn 2g$2K
Money outPt IX
$1.6M
Ln 25
Programscol B$1.1M
Managementcol C$286K
Fundraisingcol D$261K
Owns and owesPt X
$574K
net assets · Ln 32
Cash and savingsLn 1–2$272K
Total assetsLn 16$625K
LiabilitiesLn 26$50K
PeoplePt VI, VII
11
listed · VII A
PaidVII A4
Voting boardVI 1a9
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.2M
Government grantsLn 1e$635K
Noncash giftsLn 1g$3K
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$2K
Other incomeLn 4–11$124K
Total revenueLn 12$2.4M
Assets in detailPt X, end of year
CashLn 1$272K
Cash and savings togetherLn 1–2$272K
Land, buildings, equipmentLn 10c$5K
Other assetsLn 15$13K
Total assetsLn 16$625K
LiabilitiesLn 26$50K
Net assetsLn 32$574K
OperationsPt I, VI
EmployeesI 519
VolunteersI 618
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$142K$272K
Land, buildings, equipmentLn 10c$32K$5K
Total assetsLn 16$1.2M$625K
LiabilitiesLn 26$1.4M$50K
Net assetsLn 32−$179K$574K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$24K$24K
Grants and assistance to foreign recipientsLn 3$162K$162K
Pay of current officers, directors and key staffLn 5$271K$107K$94K$70K
Other salaries and wagesLn 7$177K$69K$62K$46K
Pension plan contributionsLn 8$2K$1K$271$318
Other employee benefitsLn 9$23K$15K$2K$6K
Payroll taxesLn 10$38K$15K$13K$10K
Accounting feesLn 11c$32K$32K
Other fees for servicesLn 11g$551K$440K$17K$94K
Advertising and promotionLn 12$4K$4K
Office expensesLn 13$16K$15K$1K$224
Information technologyLn 14$77$77
OccupancyLn 16$122K$97K$12K$12K
TravelLn 17$20K$16K$2K$3K
Conferences, conventions and meetingsLn 19$34K$33K$1K
InterestLn 20$39K$39K
Depreciation, depletion and amortizationLn 22$31K$25K$3K$3K
InsuranceLn 23$7K$5K$1K$1K
Other expenses (24a–d)Ln 24$56K$36K$5K$14K
All other expensesLn 24e$10K$9K$616$439
Total functional expensesLn 25$1.6M$1.1M$286K$261K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $189K$433K−$244K$386K 990 PDF
FY2024 $1.2M$1.2M−$23K$630K 990 PDF
FY2023 $1.4M$1.4M$79K$653K 990 PDF
FY2022 Viewing $2.4M$1.6M$753K$574K 990 PDF
FY2021 $1.9M$2.0M−$129K−$179K 990 PDF
FY2020 $1.3M$1.9M−$544K−$49K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $2,371,630 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,779,743$2,245,496
I-9 Program service revenuePrior year $500$2,500
I-10 Investment incomePrior year $1,415$0
I-11 Other revenuePrior year $121,008$123,634
I-12 Total revenuePrior year $1,902,666$2,371,630
I-13 Grants and similar amounts paidPrior year $177,000$185,423
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $871,424$511,526
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $983,513$921,609
I-18 Total expensesPrior year $2,031,937$1,618,558
I-19 Revenue less expensesPrior year −$129,271$753,072
Part VI · Governance 7 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,371,630 across 11 lines filed
Lines not itemized here account for $8,072 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$634,598
VIII-1f All other contributions, gifts and grants$1,610,898
VIII-1g Noncash contributions (included above)$2,952
VIII-1h Total contributions, gifts and grants$2,245,496
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,500 · Unrelated business $0 · Excluded from tax $0$2,500
VIII-6 Net rental income or lossRelated to mission $115,562 · Unrelated business $0 · Excluded from tax $0$115,562
VIII-12 Total revenueRelated to mission $126,134 · Unrelated business $0 · Excluded from tax $0$2,371,630
Part IX · Statement of functional expenses $1,618,558 across 20 lines filed
IX-2 Grants to domestic individualsPrograms $23,859$23,859
IX-3 Grants and assistance to foreign recipientsPrograms $161,564$161,564
IX-5 Pay of current officers, directors and key staffPrograms $106,929 · Management $94,399 · Fundraising $70,126$271,454
IX-7 Other salaries and wagesPrograms $68,985 · Management $61,910 · Fundraising $45,990$176,885
IX-8 Pension plan contributionsPrograms $1,286 · Management $271 · Fundraising $318$1,875
IX-9 Other employee benefitsPrograms $15,391 · Management $1,633 · Fundraising $6,296$23,320
IX-10 Payroll taxesPrograms $14,817 · Management $13,297 · Fundraising $9,878$37,992
IX-11c Accounting feesManagement $32,171$32,171
IX-11g Other fees for servicesPrograms $440,390 · Management $16,785 · Fundraising $94,038$551,213
IX-12 Advertising and promotionPrograms $3,626$3,626
IX-13 Office expensesPrograms $14,963 · Management $1,301 · Fundraising $224$16,488
IX-14 Information technologyManagement $77$77
IX-16 OccupancyPrograms $97,250 · Management $12,156 · Fundraising $12,156$121,562
IX-17 TravelPrograms $16,159 · Management $1,608 · Fundraising $2,713$20,480
IX-19 Conferences, conventions and meetingsPrograms $32,673 · Management $1,105$33,778
IX-20 InterestManagement $38,863$38,863
IX-22 Depreciation, depletion and amortizationPrograms $24,594 · Management $2,939 · Fundraising $3,074$30,607
IX-23 InsurancePrograms $4,566 · Management $1,295 · Fundraising $1,153$7,014
IX-24 Other expenses (24a–d)Programs $36,427 · Management $5,276 · Fundraising $14,160$55,863
IX-24e All other expensesPrograms $8,812 · Management $616 · Fundraising $439$9,867
IX-25 Total functional expensesPrograms $1,072,291 · Management $285,702 · Fundraising $260,565$1,618,558
Part X · Balance sheet $624,511 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $141,949$271,935
X-4 Accounts receivable$329,902
X-9 Prepaid expenses and deferred chargesStart of year $1,982$5,222
X-10c Land, buildings and equipment, netStart of year $31,707$4,786
X-15 Other assetsStart of year $12,666$12,666
X-16 Total assetsStart of year $1,179,526$624,511
X-17 Accounts payable and accrued expensesStart of year $113,618$50,129
X-26 Total liabilitiesStart of year $1,358,216$50,129
X-27 Net assets without donor restrictionsStart of year −$1,228,449$125,942
X-28 Net assets with donor restrictionsStart of year $1,049,759$448,440
X-32 Total net assets or fund balancesStart of year −$178,690$574,382
X-33 Total liabilities and net assetsStart of year $1,179,526$624,511
Part XI · Reconciliation of net assets $574,382 net assets at year end
XI-1 Total revenue$2,371,630
XI-2 Total expenses$1,618,558
XI-3 Revenue less expenses$753,072
XI-4 Net assets at start of year−$178,690
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$574,382

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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