Universal Peace Federation

EIN: 522199888 501(c)(3) International Affairs

Tarrytown, NY

Total Revenue
$1,741,399
Total Expenses
$9,045,730
Total Assets
$9,669,972
Net Assets
$9,646,431
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
DC
Principal Officer
Dr Chang Shik Yang
Phone
8622008190
Tax Period
2023-01-01 to 2023-12-31

Universal Peace Federation, founded in 1999, is a community nonprofit in the International Affairs sector that reported $1.7M in total revenue in fiscal year 2023. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $9.0M exceeded revenue, resulting in a 419% operating deficit.

Mission

Our world is in urgent and desperate need to restore and improve the relationships that exist not only between nations, but also between racial, ethnic and religious groups. The Universal Peace Federation is a global alliance of individuals and organizations dedicated to building a world of peace in which everyone can live together in freedom, harmony, cooperation and prosperity.

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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 $1,488,130
Program Service Revenue $1,193
Investment Income $252,076
Other Revenue $0
TOTAL REVENUE $1,741,399

Expense Breakdown

Grants Paid $3,255,727
Salaries & Benefits $609,787
Fundraising Expenses $0
Program Expenses $8,478,986
Other Expenses $5,180,216
TOTAL EXPENSES $9,045,730

Year-over-Year Comparison

2023 2022 Change
Revenue $1,741,399 $32,923,624 -0.9%
Expenses $9,045,730 $19,263,262 -0.5%
Net Income $-7,304,331 $13,660,362 -1.5%
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
12
Independent Members
9
Employees
10
Volunteers
2

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
6
$213,988
Total Directors
12
$125,411
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr Chang Shik Yang Chairman & CEO July-Dec 20.00
Director
$44,269 $0 $44,269
Michael Jenkins Director & President 2.00
Officer Director
$0 $0 $0
Yeon Ah Choi Director 1.00
Director
$0 $0 $0
Ricardo De Sena Director 1.00
Director
$0 $0 $0
Hon Ek Nath Dhakal Director 1.00
Director
$0 $0 $0
Simao Ferabolli Director 1.00
Director
$0 $0 $0
Masayoshi Kajikuri Director 1.00
Director
$0 $0 $0
William Lay Esq Director 2.00
Director
$0 $0 $0
Thomas McDevitt Director 1.00
Director
$0 $0 $0
Katsumi Otsuka Director 1.00
Director
$0 $0 $0
Katherine Rigney Director 5.00
Director
$2,000 $0 $2,000
Dr Thomas G Walsh Director, Chairman Jan-June 20.00
Director
$79,142 $0 $79,142
Man Ho Woo Secretary Oct-Dec 40.00
Officer
$0 $0 $0
Dieudonne Nkwethat Treasurer Oct-Dec 1.00
Officer
$0 $0 $0
Taj Ibrahim Hamad Vice President 40.00
Officer
$97,776 $0 $97,776
Dr Frank LaGrotteria Secretary Jan-Sept 25.00
Officer
$52,492 $0 $52,492
Ana Gagne Finance Director 40.00
Officer
$63,720 $0 $63,720
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 $1,741,399 $9,045,730 $9,669,972 $-7,304,331
2022 $32,923,624 $19,263,262 $18,187,761 $13,660,362
2021 $8,868,892 $7,719,231 $3,501,266 $1,149,661
2020 $15,263,402 $13,776,034 $2,224,888 $1,487,368
2019 $16,381,698 $17,377,075 $869,517 $-995,377
2018 $6,273,825 $5,548,311 $1,486,850 $725,514
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