THE PEACE SCHOOL

EIN: 362884354 501(c)(3) International Affairs

CHICAGO, IL

Total Revenue
$61,874
Total Expenses
$61,117
Total Assets
$12,654
Net Assets
$12,654
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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
1973
Legal Domicile
IL
Principal Officer
JENNIFER KIM
Phone
7732487959
Tax Period
2024-01-01 to 2024-12-31

THE PEACE SCHOOL, founded in 1973, is a micro nonprofit in the International Affairs sector that reported $62K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring.

Mission

EDUCATE THE GENERAL PUBLIC ON WORLD PEACE AND PROVIDE INSTRUCTION ON WORLD PEACE THROUGH MEDITATION AND EXCERCISES

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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 (2024)

Revenue Breakdown

Contributions & Grants $20,226
Program Service Revenue $41,893
Investment Income $0
Other Revenue $-245
TOTAL REVENUE $61,874

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $39,287
Other Expenses $61,117
TOTAL EXPENSES $61,117

Year-over-Year Comparison

2024 2023 Change
Revenue $61,874 $80,255 -0.2%
Expenses $61,117 N/A N/A
Net Income $757 $80,255 -1.0%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER KIM TREASURER 40.00
Officer
$0 $0 $0
CHARLES KIM PRESIDENT 40.00
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 $61,874 $61,117 $12,654 $757
2023 $80,255 $87,074 $11,897 $-6,819
2022 $72,158 $66,039 $18,716 $6,119
2021 $66,846 $61,833 $12,597 $5,013
2020 $61,701 $60,592 $7,584 $1,109
2019 $60,720 $61,195 $6,785 $-475
2018 $85,933 $80,240 $7,260 $5,693
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