PEACE BOAT US INC

EIN: 204146820 501(c)(3) Civil Rights & Advocacy

NEW YORK, NY

Total Revenue
$276,407
Total Expenses
$287,554
Total Assets
$119,739
Net Assets
$107,226
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
DE
Principal Officer
RACHEL ARMSTRONG
Phone
2126877214
Tax Period
2023-01-01 to 2023-12-31

PEACE BOAT US INC, founded in 2006, is a small nonprofit in the Civil Rights & Advocacy sector that reported $276K in total revenue in fiscal year 2023. Revenue surged 47% from the prior year, signaling strong growth momentum.

Mission

PEACE BOAT US WORKS TO BUILD A CULTURE OF PEACE AROUND THE WORLD BY CONNECTING PEOPLE ACROSS BORDERS AND CREATING OPPORTUNITIES FOR LEARNING, ACTIVISM AND COOPERATION. WE ACHIEVE THIS THROUGH PROGRAMS IN WHICH PEOPLE FROM THE US AND AROUND THE WORLD PARTICIPATE IN VOYAGES ONBOARD THE PEACE BOAT, OUR JAPAN-BASED PARTNER ORGANIZATION AND ONE OF THE MOST UNIQUE AND CREATIVE PEACE-BUILDING INITIATIVES IN THE WORLD.

Program Service Accomplishments

Program 1
Expenses: $225,783 Revenue: $273,184

EDUCATIONAL PROGRAMS - TO PROMOTE PEACE AND SUSTAINABILITY; HELPS TO FOSTER DISARMAMENT EDUCATION IN NEW YORK CITY SCHOOLS AND UNIVERSITIES, AND CO-HOSTS VARIOUS EVENTS AT THE UNITED NATIONS...

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EDUCATIONAL PROGRAMS - TO PROMOTE PEACE AND SUSTAINABILITY; HELPS TO FOSTER DISARMAMENT EDUCATION IN NEW YORK CITY SCHOOLS AND UNIVERSITIES, AND CO-HOSTS VARIOUS EVENTS AT THE UNITED NATIONS HEADQUARTERS FOCUSED ON HUMAN RIGHTS, SUSTAINABLE DEVELOPMENT, PEACE-BUILDING, GENDER EQUALITY, INDIGENOUS ISSUES AND DISARMAMENT EDUCATION TOGETHER WITH THE PERMANENT MISSIONS TO THE UNITED NATIONS. THE ORGANIZATION PROVIDES INTERNATIONAL EDUCATIONAL OPPORTUNITIES FOR YOUTH TO TRAVEL AND LEARN WITH THE PEACE BOAT DURING ITS GLOBAL VOYAGES FOR PEACE, AND PARTICIPATES IN VARIOUS CONFERENCES AND SPEAKING ENGAGEMENTS TO RAISE AWARENESS ABOUT THESE IMPORTANT ISSUES AND ENCOURAGE YOUTH PARTICIPATION. ITS PEACE EDUCATION PROGRAMS FOCUSES ON YOUTH EMPOWERMENT AND COMBINES ADVANCED STUDY OF SELECTED TOPICS ONBOARD THE SHIP WITH EXCHANGE PROGRAMS IN VARIOUS COUNTRIES THAT EXPLORE THEMES INCLUDING PEACE-BUILDING, SOCIAL JUSTICE AND ECOLOGICAL SUSTAINABILITY. PBUS WORKS IN COOPERATION WITH LOCAL AND INTERNATIONAL NGOS IN THE UNITED STATES AND AROUND THE WORLD TO CREATE A WIDE RANGE OF PROGRAMS, ALLOWING FOR PARTICIPANTS TO SUPPORT LOCAL INITIATIVES AND CONTRIBUTE TO SUSTAINABLE DEVELOPMENT. PBUS'S EDUCATIONAL ACTIVITIES REACHED APPROXIMATELY 7,000 PEOPLE, MAINLY YOUTH, IN THE NEW YORK AND CENTRAL AMERICAN REGIONS. PBUS INTENDS CONTINUING THESE INITIATIVES AS WELL AS UNDERTAKING PREPARATIONS FOR SITE VISITS, EDUCATIONAL SEMINARS AND CULTURAL EVENTS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,222
Program Service Revenue $273,184
Investment Income $1
Other Revenue $0
TOTAL REVENUE $276,407

Expense Breakdown

Grants Paid $0
Salaries & Benefits $53,094
Fundraising Expenses $0
Program Expenses $225,783
Other Expenses $234,460
TOTAL EXPENSES $287,554

Year-over-Year Comparison

2023 2022 Change
Revenue $276,407 $188,186 +0.5%
Expenses $287,554 $188,776 +0.5%
Net Income $-11,147 $-590 +17.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
3
Employees
1
Volunteers
3

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
4
$49,359
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RACHEL ARMSTRONG PRESIDENT 1.00
Officer Director
$0 $0 $0
TATSUYA YOSHIOKA TREASURER 1.00
Officer Director
$0 $0 $0
STACY HUGHES SECRETARY 1.00
Officer Director
$0 $0 $0
CORA WEISS DIRECTOR 1.00
Director
$0 $0 $0
KANAE DOI DIRECTOR 1.00
Director
$0 $0 $0
EMILIE MCGLONE EXECUTIVE DIRECTOR 40.00
Officer
$42,000 $7,359 $49,359
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 No data No data No data No data
2023 $276,407 $287,554 $119,739 $-11,147
2021 $228,163 $160,895 $139,612 $67,268
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