Service For Peace Inc (EIN 030388426) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

Ocean Charles-Thomas Phil

Phone

2033390064

Tax Period

2023-10-01 to 2024-09-30

Service For Peace Inc, founded in 2002, is a small nonprofit in the Human Services sector that reported $174K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $167K left a modest 4% surplus.

Mission

We promote community driven development in the Dominican Republic through shared experiences of US university students and Dominican volunteers.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $125,725

Program Service Revenue $48,250

Investment Income $3

Other Revenue $0

TOTAL REVENUE $173,978

Expense Breakdown

Grants Paid $116,892

Salaries & Benefits $45,316

Fundraising Expenses $0

Program Expenses $150,349

Other Expenses $4,421

TOTAL EXPENSES $166,629

Year-over-Year Comparison

	2023	2022	Change
Revenue	$173,978	$139,901	+0.2%
Expenses	$166,629	$164,090	+0.0%
Net Income	$7,349	$-24,189	-1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

348

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$41,802

Total Directors

$41,802

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ken Bates	Chairman	1.00	Director	$0	$0	$0
Ocean Charles-Thomas Phillips	Executive Director	25.00	Officer Director	$41,802	$0	$41,802
CJ Barnes	Director	0.50	Director	$0	$0	$0
Mike Giancola	Director	0.50	Director	$0	$0	$0
Brent Alan James	Director	0.50	Director	$0	$0	$0
Joan Mateo	Director	0.50	Director	$0	$0	$0
Debra Prykanowsky	Director	0.50	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$173,978	$166,629	$55,120	$7,349
2023	$139,901	$164,090	$47,771	$-24,189
2022	$73,008	$99,079	$71,960	$-26,071
2021	$154,130	$105,133	$98,031	$48,997
2020	$197,500	$137,871	$60,934	$59,629
2019	$161,634	$161,293	$64,405	$341
2018	$183,921	$304,719	$64,577	$-120,798

Service For Peace Inc