Peaceweavers INC EIN 16-1470863

Peaceweavers INC

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Educates people to be more peaceful through conferences and learning. For fiscal year 2024 it reported $89K in revenue, $91K in expenses, and $11K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Bath, NY
Website
www.peaceweavers.com
Filings
5 on file (2020–2024)
Revenue
$89KFY2024
Expenses
$91K
Net assets
$11K
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  16-1470863 Public charity (501(c)(3)) Bath, NY
Form 990 (PDF)
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Size
<$100K
What they do
Educates people to be more peaceful through conferences and learning.
Leadership
Greg Lynn Weaver · President · $24K
Money in and out
$89K revenue, $91K expenses
Bottom line
100% program efficiency
Where the money goes · FY2024
Total revenue
$89K
Pt VIII · Ln 12
Total expenses
$91K
Pt IX · Ln 25
Net assets
$11K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$2K
Where spending went · Part IX cols B–D
Program services $1.00 Management & general $0.00
Program efficiency
100%
of spending reaches programs-0.4% vs prior filing year
Operating runway
0.9mo
months of highly liquid reserves at operating expense rate▲ +29% vs prior filing year
Surplus margin
-2%
revenue over expenses, this year▲ +98% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$89K
FY2024▲ +26%
Expenses
$91K
FY2024▼ -33%
Total assets
$338K
FY2024▼ -2%
Total liabilities
$326K
FY2024▼ -2%
Total revenue
$89K
Pt VIII · Ln 12
Total expenses
$91K
Pt IX · Ln 25
Net assets
$11K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$2K
Total assetsPt X · Ln 16$338K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service account for $90K of program spending, described in the organization's own filed words · FY2024.
01

Various events and programs to assist people to learn to live in a peaceful and happy manner.

$90Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPeaceweavers INC
EINHdr · item D16-1470863
Principal addressHdr · item CBath, NY
WebsiteHdr · item Jwww.peaceweavers.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A99)
Ruling yearIRS BMFDec 1995

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$24,100Pt VII · Sec A
Secretary/Treas.
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Greg Lynn Weaver’s $24K as President is at the 78th percentile of top reported officer pay among 249 <$100K arts & culture 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Greg Lynn Weaver$24,100$48,201$48,201$15,449$17,932
Kathleen Corrado$15,835$31,245

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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Statement of Revenue

Part VIII
Program service revenue$42K · 47%
Contributions & grants$35K · 40%
Other revenue$12K · 13%
Program service revenue47%$42K
Contributions & grants40%$35K
Other revenue13%$12K
Total revenueLn 12$89K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00 Management & general $0.00
Program services100%$90K
Management & general$375
Total functional expensesLn 25$91K

Balance Sheet

Part X · end of year
CashLn 1$6K
Total assetsLn 16$338K
Total liabilitiesLn 26$326K
Total net assetsLn 32$11K
Months of cash on handcomputed0.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $6K · Operating expenses/yr $91K
0.9 months
Where the money goes
Program services
Program services $90K · Total expenses $91K
100%
Management & General
Management & general $375 · Total expenses $91K
0.4%
Fundraising
Fundraising $0 · Total expenses $91K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $34K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $35K · Total revenue $89K
40%
Government reliance
Government grants — · Total revenue $89K
Earned-income share
Program service revenue $42K · Total revenue $89K
47%
Investment reliance
Investment income $0 · Total revenue $89K
0%
Program self-sufficiency
Program service revenue $42K · Total expenses $91K
47%
Growth & trend
Revenue growth (YoY)
This year $89K · Prior year $71K
+26%
Revenue CAGR
FY2020 $146K · FY2024 $89K
-12%
Net-asset trend (YoY)
End of year $11K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $89K · Expenses $91K
-2%
Liabilities-to-Assets
Total liabilities — · Total assets $338K
Net-asset ratio
Net assets $11K · Total assets $338K
3%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $338K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Greg Lynn Weaver · Reported title PRESIDENT · Highest reported compensation $24K · Total expenses $91K
27%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $26K · Total expenses $91K
29%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0.4%
Fundraising cost ratio 0%
Revenue growth 26%
Accounting fee ratio 0.4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$20

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$89K revenue · viewing · ⤓ 990 PDF
FY2023$71K revenue · ⤓ 990 PDF
FY2022$68K revenue · ⤓ 990 PDF
FY2021$101K revenue · ⤓ 990 PDF
FY2020$146K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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