GLOBAL PROJECTS FOR PEACE

EIN: 261116889 501(c)(3) Philanthropy & Grantmaking

FAIRFIELD, IA

Total Revenue
$960,963
Total Expenses
$1,106,965
Total Assets
$371,061
Net Assets
$367,695
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
IA
Principal Officer
CONSTANCE OLSON
Phone
6414724773
Tax Period
2023-01-01 to 2023-12-31

GLOBAL PROJECTS FOR PEACE, founded in 2008, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $961K in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 15% operating deficit.

Mission

The purpose of Global Projects for Peace is "to perform activities for the support and benefit of Maharishi International University (MIU), an Iowa non-profit corporation, and Brahmananda Saraswati Foundation (BSF), a Delaware non-profit corporation authorized to do business in Iowa" through programs bringing enlightenment to the individual, invincibility to every nation and world peace.Global Projects for Peace is engaged in supporting the work of MIU and BSF by engaging in the following charitable activities of the teaching of transcendental meditation and other consciousness-based programs in countries around the world including:--supporting the founding and development of transcendental meditation teaching organizations and consciousness-based schools in Africa, Asia, Middle East, Latin America, etc. Global Projects for Peace has supported such programs in more than 30 countries to date,--facilitating travel and participation of candidates from emerging countries in international t

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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 $960,033
Program Service Revenue $0
Investment Income $243
Other Revenue $687
TOTAL REVENUE $960,963

Expense Breakdown

Grants Paid $892,659
Salaries & Benefits $38,906
Fundraising Expenses $1,054
Program Expenses $1,043,253
Other Expenses $175,400
TOTAL EXPENSES $1,106,965

Year-over-Year Comparison

2023 2022 Change
Revenue $960,963 $1,314,358 -0.3%
Expenses $1,106,965 $1,094,486 +0.0%
Net Income $-146,002 $219,872 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
2
Volunteers
50

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
3
$32,706
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CONSTANCE OLSON Treasurer 20.00
Officer
$32,706 $0 $32,706
WILLIAM L KOPPEL Director 1.00
Director
$0 $0 $0
DONIELLE FREEBERG Director 1.00
Director
$0 $0 $0
ROBERT K MARKOWITZ Director 1.00
Director
$0 $0 $0
OWEN BLAKE Director 0.00
Director
$0 $0 $0
TOM BROOKS Director 0.00
Director
$0 $0 $0
NICK ROSANIA Director 1.00
Director
$0 $0 $0
MAUREEN WYNNE Director 1.00
Director
$0 $0 $0
JIM SCHAEFER Director 1.00
Director
$0 $0 $0
BRAD MYLETT Director 0.00
Director
$0 $0 $0
KWESI ORGLE Director 0.00
Director
$0 $0 $0
STEVE NICHOLS President 1.00
Officer
$0 $0 $0
JOHN M MUEHLMAN Secretary 1.00
Officer
$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 No data No data No data No data
2023 $960,963 $1,106,965 $371,061 $-146,002
2022 $1,314,358 $1,094,486 $516,359 $219,872
2021 $1,155,422 $1,133,660 $299,357 $21,762
2020 $1,236,516 $1,213,149 $274,449 $23,367
2019 $1,074,165 $983,914 $284,154 $90,251
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