Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2011.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
91 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
4 people listed on the 990; $1K paid to officers and key staff (Part VII, Section A).
Patti Brennan’s $561 as Treasurer, Bookkeeper is at the 2nd percentile of top reported officer pay among 166 <$100K international 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 · 4 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Philomena Blees | $132 | $7,245 | $3,925 | $4,000 | $3,000 |
| Michelle Waters | $350 | $6,245 | — | $1,200 | $1,400 |
| Patti Brennan | $561 | $496 | $1,053 | $1,808 | $533 |
| Cheryl Veretto | — | — | — | — | $694 |
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.
See Peace Through Commerce INC executive salaries →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
Promote global peace and prosperity by teaching new ways to understand and solve world problems.
Questions for Peace Through Commerce INC
Your first name shows with your question. Peace Through Commerce INC answers here, for everyone.
Matrix of Peace Services
education, training and implementation. This framework embodies our peacebuilding technology. It is a multi-sector, whole-systems, consciousness-raising framework for designing and actualizing peaceful societies. We have used it in our co-partnerships with the Norwegian Nobel Institute.
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 27-3971757) · Dispute this lineMatrix of Peace Show
This is Peace Through Commerce's proprietary show produced by public broadcasting nonprofit ThinkTech Hawaii, Inc.. ThinkTech Hawaii, Inc. is dedicated to raising public awareness through civic engagement by citizen journalist hosts and guests on digital media platforms.
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 27-3971757) · Dispute this lineMatrix of Peace Professional Consulting and Thought Leadership. Peace Through Commerce was co-nominated with Dr. Timothy Fort under the area of Peace Through Commerce for the 2024 Nobel Peace Prize. It was included for its thought leadership in the fields of society building, peacebuilding, and problem-solving.
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 27-3971757) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $31K | $26K |
| InvestmentsLn 11–13 | $125K | $125K |
| Total assetsLn 16 | $256K | $261K |
| LiabilitiesLn 26 | $116 | $85 |
| Net assetsLn 32 | $255K | $261K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $0 | $0 | ||
| Grants to domestic individualsLn 2 | $0 | $0 | ||
| Grants and assistance to foreign recipientsLn 3 | $0 | $0 | ||
| Benefits paid to or for membersLn 4 | $0 | $0 | ||
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $0 | $0 | $0 | $0 |
| Pay of disqualified personsLn 6 | $525 | $0 | $525 | $0 |
| Other salaries and wagesLn 7 | $0 | $0 | $0 | $0 |
| Pension plan contributionsLn 8 | $0 | $0 | $0 | $0 |
| Other employee benefitsLn 9 | $0 | $0 | $0 | $0 |
| Payroll taxesLn 10 | $43 | $0 | $43 | $0 |
| Management feesLn 11a | $782 | $782 | $0 | $0 |
| Legal feesLn 11b | $0 | $0 | $0 | $0 |
| Accounting feesLn 11c | $0 | $0 | $0 | $0 |
| Lobbying feesLn 11d | $0 | $0 | $0 | $0 |
| Professional fundraising feesLn 11e | $0 | $0 | ||
| Investment management feesLn 11f | $0 | $0 | $0 | $0 |
| Other fees for servicesLn 11g | $1K | $1K | $0 | $0 |
| Advertising and promotionLn 12 | $320 | $320 | $0 | $0 |
| Office expensesLn 13 | $42 | $42 | $0 | $0 |
| Information technologyLn 14 | $17K | $17K | $0 | $0 |
| RoyaltiesLn 15 | $0 | $0 | $0 | $0 |
| OccupancyLn 16 | $0 | $0 | $0 | $0 |
| TravelLn 17 | $0 | $0 | $0 | $0 |
| Travel and entertainment for public officialsLn 18 | $0 | $0 | $0 | $0 |
| Conferences, conventions and meetingsLn 19 | $0 | $0 | $0 | $0 |
| InterestLn 20 | $0 | $0 | $0 | $0 |
| Payments to affiliatesLn 21 | $1 | $0 | $0 | $1 |
| Depreciation, depletion and amortizationLn 22 | $112 | $0 | $112 | $0 |
| InsuranceLn 23 | $1K | $1K | $0 | |
| All other expensesLn 24e | $2K | $2K | $0 | $0 |
| Total functional expensesLn 25 | $23K | $21K | $2K | $1 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest ViewingFiled with the IRS Nov 11, 2025 | $28K | $23K | $5K | $261K | 990 PDF |
| FY2023Filed with the IRS Nov 11, 2024 | $37K | $38K | −$950 | $255K | 990 PDF |
| FY2022Filed with the IRS Nov 15, 2023 | $37K | $31K | $7K | $256K | 990 PDF |
| FY2021Filed with the IRS Oct 19, 2022 | $68K | $59K | $10K | $250K | 990 PDF |
| FY2020Filed with the IRS Nov 12, 2021 | $30K | $61K | −$31K | $240K | 990 PDF |
Schedules filed Part IV
See the full FY2024 990
Part I · Summary $28,470 revenue, 12 lines filed
Part VI · Governance 4 of 4 board members independent, no flags
Part VIII · Statement of revenue $28,470 across 14 lines filed
Part IX · Statement of functional expenses $23,107 across 30 lines filed
Part X · Balance sheet $260,936 assets, 28 lines filed
Part XI · Reconciliation of net assets $260,851 net assets at year end
Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File
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