COAR PEACE MISSION INC

EIN: 341462492 501(c)(3) International Affairs

WICKLIFFE, OH

Total Revenue
$904,946
Total Expenses
$685,056
Total Assets
$1,340,589
Net Assets
$1,334,938
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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
DE
Principal Officer
MELANIE REDA
Phone
2162691710
Tax Period
2023-01-01 to 2023-12-31

COAR PEACE MISSION INC, founded in 1985, is a small nonprofit in the International Affairs sector that reported $905K in total revenue in fiscal year 2023. The organization ran a surplus of $220K, a strong 24% operating margin.

Mission

COAR PEACE MISSION STRIVES TO PROMOTE JUSTICE, COMMUNITY AND PEACE IN EL SALVADOR THROUGH THE SUPPORT OF EFFECTIVE PROGRAMS IN HEALTH, EDUCATION AND WELFARE, WHICH OFFER DIRECT SUPPORT TO VULNERABLE CHILDREN AND THEIR FAMILIES.

Program Service Accomplishments

Program 1
Expenses: $495,426

GRANTS TO THE COAR CHILDREN'S VILLAGE IN ZARAGAOZA, EL SALVADOR, CENTRAL AMERICA. THESE GRANTS DIRECTLY SUPPORT APPROXIMATELY 40 CHILDREN IN RESIDENTIAL FOSTER CARE AT THE COAR CHILDREN'S VILLAGE...

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GRANTS TO THE COAR CHILDREN'S VILLAGE IN ZARAGAOZA, EL SALVADOR, CENTRAL AMERICA. THESE GRANTS DIRECTLY SUPPORT APPROXIMATELY 40 CHILDREN IN RESIDENTIAL FOSTER CARE AT THE COAR CHILDREN'S VILLAGE, ADMINISTERED BY THE ROMAN CATHOLIC ARCHDIOCESE OF SAN SALVADOR. THE GRANTS PROVIDE ALL THE CHILDREN'S FOOD, HEALTH CARE, SHELTER AND UTILITIES, TRANSPORTATION, SCHOOL TUITION AND SUPPLIES, VOCATIONAL TRAINING AND SUPPLIES, RECREATION SUPPLIES, SECURITY AND SUPPORT STAFF INCLUDING HOUSEMOTHERS, PSYCHOLOGISTS, MAINTENANCE WORKERS, ACCOUNTANTS, CHILD CARE EXPERTS AND GOVERNMENT COMPLIANCE EXPERTS (WITH THE CHILD CARE LAWS OF EL SALVADOR, LEPINA). SECONDARILY THE GRANTS SUBSIDIZE THE COAR SCHOOL AND CLINIC, WHICH TOGETHER SERVE AN ADDITIONAL 1,000 CHILDREN AND THEIR FAMILIES.

Program 2
Expenses: $52,701

MISSION COOPERATIVE PLAN PARTICIPATION AND EDUCATION PROGRAMS. THE MISSION COOPERATIVE PLAN COORDINATES INVITATIONS TO MISSIONS OF THE CATHOLIC CHURCH TO SPEAK AT PARISHES THROUGHOUT NORTH AMERICA...

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MISSION COOPERATIVE PLAN PARTICIPATION AND EDUCATION PROGRAMS. THE MISSION COOPERATIVE PLAN COORDINATES INVITATIONS TO MISSIONS OF THE CATHOLIC CHURCH TO SPEAK AT PARISHES THROUGHOUT NORTH AMERICA, EDUCATING PARISHIONERS ABOUT THEIR PARTICULAR MISSION, THE MISSIONS OF THE CHURCH GENERALLY AND RELATING THE MISSION TO THE DAY'S MASS READINGS. COAR PEACE MISSION RECEIVES APPROXIMATELY 30-60 ASSIGNMENTS EACH YEAR AND IS FREQUENTLY ASKED TO EXPAND THE WEEKEND INVITATION TO A WEEK-LONG OR ON-GOING EDUCATIONAL RELATIONSHIP WITH PARISH GROUPS AND SCHOOLS. EDUCATIONAL MATERIALS ARE FOUND IN OUR NEWSLETTER, WEBSITE, SOCIAL MEDIA SITES AND OTHER MATERIAL PRODUCED TO MEET THE NEEDS OF TEACHERS AND PARISHES.

Program 3
Expenses: $29,168

SPONSORSHIP PROGRAMS (GIVE A CHILD A HOME (GCH) AND GIVE A CHILD A CHANCE (GCC)). IN ORDER TO CONNECT TO THE CHILDREN MORE PERSONALLY, APPROXIMATELY 500 DONORS CHOOSE TO SPONSOR A CHILD. THE TWO...

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SPONSORSHIP PROGRAMS (GIVE A CHILD A HOME (GCH) AND GIVE A CHILD A CHANCE (GCC)). IN ORDER TO CONNECT TO THE CHILDREN MORE PERSONALLY, APPROXIMATELY 500 DONORS CHOOSE TO SPONSOR A CHILD. THE TWO PROGRAMS, GCH AND GCC, FEATURE SUPPORT FOR THE RESIDENTIAL PROGRAM OR SCHOOL EXPENSES, RESPECTIVELY. DONORS RECEIVE A PICTURE AND LETTER FROM A COAR CHILD EVERY SIX MONTHS, OR MORE FREQUENTLY IF THEY WISH TO CORRESPOND. GRANT EXPENSE IS INCLUDED IN 4A TOWARDS THE SUPPORT OF ALL THE OPERATIONS OF THE COAR CHILDREN'S VILLAGE AND NOT TO SUPPORT A PARTICULAR CHILD.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $885,375
Program Service Revenue $0
Investment Income $22,186
Other Revenue $-2,615
TOTAL REVENUE $904,946

Expense Breakdown

Grants Paid $437,019
Salaries & Benefits $140,005
Fundraising Expenses $61,973
Program Expenses $577,906
Other Expenses $108,032
TOTAL EXPENSES $685,056

Year-over-Year Comparison

2023 2022 Change
Revenue $904,946 $844,549 +0.1%
Expenses $685,056 $668,002 +0.0%
Net Income $219,890 $176,547 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
3
Volunteers
21

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
5
$53,281
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN P PAPADOPULOS TREASURER 1.00
Officer Director
$0 $0 $0
CHRISTOPHER B JANEZIC ESQ SECRETARY 1.00
Officer Director
$0 $0 $0
JOHN A HORNER III VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MELANIE ANNE REDA PRESIDENT 1.00
Officer Director
$0 $0 $0
DAPHNE HELD DIRECTOR 1.00
Director
$0 $0 $0
SR SHEILA MARIE TOBBE OSU DIRECTOR 1.00
Director
$0 $0 $0
LAURA GRIESMER DIRECTOR 1.00
Director
$0 $0 $0
MARGARITA S KRNCEVIC DIRECTOR 1.00
Director
$0 $0 $0
JOAN MYERS DIRECTOR 1.00
Director
$0 $0 $0
JOSEPH C RAGUSO DIRECTOR 1.00
Director
$0 $0 $0
NICOLETTE CREGAN DIRECTOR 1.00
Director
$0 $0 $0
MARY STEVENSON EXECUTIVE DIRECTOR 40.00
Officer
$49,471 $3,810 $53,281
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 $904,946 $685,056 $1,340,589 $219,890
2022 $844,549 $668,002 $1,060,859 $176,547
2021 $817,257 $602,371 $943,239 $214,886
2020 $724,182 $603,097 $717,359 $121,085
2019 $637,599 $660,434 $552,553 $-22,835
2018 $710,529 $721,557 $519,886 $-11,028
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