PEACE NICK CORPORATION

EIN: 364648850 501(c)(3)

ROYAL OAK, MI

Total Revenue
$2,855
Total Expenses
$1,777
Total Assets
$1,736
Net Assets
$-13,163
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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
2009
Legal Domicile
MI
Principal Officer
GREGORY S PANZICA
Phone
3132155767
Tax Period
2024-01-01 to 2024-12-31

PEACE NICK CORPORATION, founded in 2009, is a micro nonprofit that reported $3K in total revenue in fiscal year 2024. Revenue surged 320% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1K, a strong 38% operating margin.

Mission

PEACE NICK IS A NONPROFIT ORGANIZATION PROMOTING WORLD PEACE THROUGH EDUCATION, POVERTY REDUCTION, ENVIRONMENTAL PROTECTIONS AND SOCIAL JUSTICE. OUR GOAL IS TO SLOW DOWN AND REVERSE THE DAMAGING EFFECTS OF THE PREVIOUS DECADE OF FLAWED AND OUTDATED DOMESTIC AND FOREIGN POLICIES THAT THE UNITED STATES HAS EMPLOYED. "STAYING THE COURSE" IS NO LONGER AN OPTION AS WAR AND VIOLENCE PERSIST, THE WORLD ECONOMY CRUMBLES, POVERTY INCREASES, GLOBAL WARMING AND ENVIRONMENTAL DEGRADATION CONTINUES AND SOCIAL INJUSTICES RISE. PEACE NICK WILL FOCUS ON LOCAL, REGIONAL AND WORLDWIDE ISSUES THAT DEMAND URGENT ACTION, SOLUTIONS, AND MEASURABLE RESULTS.

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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 $2,855
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,855

Expense Breakdown

Grants Paid $1,487
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,777
Other Expenses $290
TOTAL EXPENSES $1,777

Year-over-Year Comparison

2024 2023 Change
Revenue $2,855 $680 +3.2%
Expenses $1,777 $816 +1.2%
Net Income $1,078 $-136 -8.9%
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

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
2
Independent Members
2
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARTY HEGHERINGTON DIRECTOR N/A
Director
$0 $0 $0
XAVIER MOORE DIRECTOR N/A
Director
$0 $0 $0
GREGORY S PANZICA EXECUTIVE DI N/A
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 $2,855 $1,777 $1,736 $1,078
2023 $680 $816 $482 $-136
2022 $195 $182 $269 $13
2021 $775 $1,376 $255 $-601
2020 $2,325 $1,818 $682 $507
2019 No data $175 No data No data
2018 No data $175 No data No data
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