FOUNDATION FOR PEACE

EIN: 550810709 501(c)(3) International Affairs

WASHINGTON, DC

Total Revenue
$1,016,516
Total Expenses
$888,854
Total Assets
$964,768
Net Assets
$476,275
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
DC
Principal Officer
KENNETH CULVER
Phone
9739881484
Tax Period
2024-01-01 to 2024-12-31

FOUNDATION FOR PEACE, founded in 2003, is a community nonprofit in the International Affairs sector that reported $1.0M in total revenue in fiscal year 2024. Expenses of $889K left a modest 13% surplus.

Mission

THE FOUNDATION FOR PEACE IS A 501(C)(3) NOT-FOR PROFIT ORGANIZATION DEDICATED TO EDUCATION IN THE UNITED STATES AND TO WORKING HAND IN HAND WITH PEOPLE IN MATERIALLY IMPOVERISHED AREAS OF THE DOMINICAN REPUBLIC, HAITI, AND KENYA TO PROVIDE EDUCATIONAL SUPPORT, HEALTHCARE ACCESS, ECONOMIC OPPORTUNITY AND HOPE. WE WORK TOGETHER AS LONG-TERM PARTNERS IN SOLIDARITY TO ENABLE PERSONAL SUCCESS AND COMMUNITY ACHIEVEMENT. WE BELIEVE THIS WILL RESULT IN SUSTAINABLE AND SUCCESSFUL INITIATIVES THAT RELIEVE THE EFFECTS OF POVERTY, ENCOURAGE PERSONAL GROWTH, AND OVERCOME INJUSTICE.

Program Service Accomplishments

Program 1
Expenses: $824,078 Revenue: $336,081

MISSION TRIP PROGRAMS:WE HAD 14 TRIPS IN 2024, 13 TO THE DOMINICAN REPUBLIC (DR) AND ONE TO KENYA. THERE WERE 273 TEAM MEMBER'S TOTAL. A NEW CHURCH CONSTRUCTION PROJECT WAS BEGUN IN THE COMMUNITY OF...

Read more

MISSION TRIP PROGRAMS:WE HAD 14 TRIPS IN 2024, 13 TO THE DOMINICAN REPUBLIC (DR) AND ONE TO KENYA. THERE WERE 273 TEAM MEMBER'S TOTAL. A NEW CHURCH CONSTRUCTION PROJECT WAS BEGUN IN THE COMMUNITY OF KILOMBO. THE TEAM FROM COLLEGE HILL AND STEWARTSVILLE PRESBYTERIAN CHURCHES DUG THE FOOTINGS AND BUILT THE WALLS OF THE NEW CHURCH. THE CHURCH IS READY FOR THE ROOF, AND THE TEAM IS COMING BACK AGAIN IN 2025 TO CONTINUE THIS TRANSFORMATIVE WORK TOGETHER! A SECOND TEAM, NURSES ON THE ENCARE TEAM ALSO SERVED DOING A DAY OF CONSTRUCTION IN KILOMBO. THEY POURED COLUMNS AND THE SUPPORT BEAMS BRINGING THE CHURCH ONE STEP CLOSER TO COMPLETION.IN KENYA, THE FFP TEAM WORKED HAND IN HAND WITH THE LIVING WORD CHURCH AND LOCAL COMMUNITY MEMBERS IN MATHARE NORTH. AROUND 50 PEOPLE WERE INVOLVED IN FILLING THE BUCKETS, PASSING THEM ACROSS THE STREET, THROUGH THE DOORWAY, AND ONTO THE NEW PROPERTY. THIS SITE IS ALSO THE FUTURE HOME OF THE JUNIOR HIGH SCHOOL OF TUMAINI SCHOOL. THE FFP TEAM ALSO PRESENTED A BIBLE SCHOOL LESSON FOR 700 CHILDREN FROM THE TUMAINI (MEANS HOPE IN SWAHILI) AND BYGRACE SCHOOLS. FFP MEDICAL TEAMS IN THE DR PROVIDED MEDICAL CARE FOR PEOPLE LIVING IN UNDERSERVED COMMUNITIES. WE PARTNERED WITH LOCAL PHYSICIANS AND THE NATIONAL PUBLIC HEALTH DEPARTMENT TO ENSURE THE BEST QUALITY CARE FOR PATIENTS AND AN EXPERIENCE OF JOINT LEARNING FOR THE TEAMS. WE SERVED THOUSANDS OF PATIENTS ACROSS MANY COMMUNITIES. CONSULTATIONS AND MEDICINES WERE PROVIDED FREE OF CHARGE WITHOUT REGARD TO RACE, GENDER, RELIGIOUS AFFILIATION, OR NATIONALITY.OTHER COMMUNITY ACTIVITIES:IN EL BATEY, DR, MORE STUDENTS GRADUATED FROM VOCATIONAL SCHOOL WE HELPED BUILD AND SUPPORT. MANY OF THEM HAVE BEEN ABLE TO USE WHAT THEY HAVE LEARNED TO FINANCIALLY SUSTAIN THEMSELVES AND THEIR FAMILIES. IN RESPONSE TO A COMMUNITY INITIATIVE, FFP STARTED A NEW PROJECT IN THE COMMUNITY OF EL BATEY. THE COMMUNITY HAD A PLAN TO BUILD HOUSES IN PLACE OF THE LEAKY, DIRT FLOOR SHACKS MANY HAD. THEY HAD EVALUATED EVERY HOME AND PRIORITIZED THE NEEDS. LOCAL PEOPLE AND FFP TEAMS PROVIDED ALL THE LABOR TO MINIMIZE COSTS. THE FAMILIES WERE RESPONSIBLE FOR THE STUCCO, PAINT AND THE FINAL DETAILS. EACH NEW HOUSE IS LIVABLE AND SECURE. THERE WERE UNEXPECTED BLESSINGS. OLDER MEN TAUGHT THE YOUNGER MEN TO LAY BLOCK AND SMOOTH OUT THE FLOORS. FAMILIES COLLECTED SUPPLIES TO ADD TO THEIR HOMES. IN HAITI, WE CONTINUED TO SERVE THE PEOPLE LIVING IN THE "HANDICAPPED VILLAGE" (VILAJ CASIMIR) WITH DISTRIBUTION OF FOOD, MONTHLY SUPPLY OF WATER, AND SCHOOL TUITION SUPPORT. THE UNIVERSITY, FORMERLY KNOWN AS THE UNIVERSITY OF GANTHIER IS NOW CALLED UNIVERSIT NEXUS D'HAITI. FFP CONTINUES TO FACILITATE ACCESS TO QUALITY EDUCATION, PROVIDING SECURITY, CAMERA EQUIPMENT FOR ONLINE EDUCATION AND OTHER SUPPORT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $671,383
Program Service Revenue $336,081
Investment Income $9,052
Other Revenue $0
TOTAL REVENUE $1,016,516

Expense Breakdown

Grants Paid $595,238
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $824,078
Other Expenses $293,616
TOTAL EXPENSES $888,854

Year-over-Year Comparison

2024 2023 Change
Revenue $1,016,516 $1,012,688 +0.0%
Expenses $888,854 $1,011,387 -0.1%
Net Income $127,662 $1,301 +97.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
273

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
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNETH CULVER PRESIDENT AND EXECUTIVE DI 10.00
Officer Director
$0 $0 $0
JOY FOWLER SPRAGENS VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
JEFFREY SPRAGENS TREASURER 5.00
Officer Director
$0 $0 $0
WENDY PATCHIN CHAIRMAN 5.00
Officer Director
$0 $0 $0
FRANK SPERANZA CO-CHAIRMAN 5.00
Officer Director
$0 $0 $0
BOB BROEZE TRUSTEE 2.00
Director
$0 $0 $0
BETTY JEAN TRUSTEE 3.00
Director
$0 $0 $0
BRUCE JONES TRUSTEE 3.00
Director
$0 $0 $0
KELLI REGAN TRUSTEE 5.00
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 $1,016,516 $888,854 $964,768 $127,662
2023 $1,012,688 $1,011,387 $840,961 $1,301
2022 $659,033 $758,028 $770,171 $-98,995
2021 $671,828 $716,552 $966,357 $-44,724
2020 $1,099,954 $1,148,113 $703,979 $-48,159
2019 $2,711,300 $2,671,141 $586,629 $40,159
2018 $2,443,641 $2,498,077 $542,977 $-54,436
Explore More Nonprofits
Top 100 Nonprofits in District of Columbia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare FOUNDATION FOR PEACE with other nonprofits in District of Columbia and across the country.