CAMBRIDGE HOUSE FOR INNER PEACE INC

EIN: 842309583 501(c)(3) Religion

CAMBRIDGE, MA

Total Revenue
$261,157
Total Expenses
$278,028
Total Assets
$325,506
Net Assets
$325,506
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
MA
Principal Officer
KARL BANDTEL
Phone
6175003375
Tax Period
2025-01-01 to 2025-12-31

CAMBRIDGE HOUSE FOR INNER PEACE INC, founded in 2019, is a small nonprofit in the Religion sector that reported $261K in total revenue in fiscal year 2025. Revenue fell 22% from the prior year — a significant decline worth monitoring.

Mission

CAMBRIDGE HOUSE OF INNER PEACE ("PEACE HOUSE") MISSION IS TO SUPPORT INTERRELIGIOUS COMMUNICATION AND CULTURAL EXCHANGE, AND TO CREATE CONDITIONS WHERE INDIVIDUAL AND COLLECTIVE PEACE, CONNECTION AND DISCOVERY CAN FLOURISH. IT HOUSES 2 RESIDENT MONKS WHO OFFER WEEKDAY CHANTING AND MEDITATION. ALL ARE WELCOME TO JOIN BEGINNERS AS WELL AS EXPERIENCED PRACTITIONERS. PEACE HOUSE ALSO OFFERS DHAMMA TALKS, SILENT RETREAT DAYS AND OTHER SPECIAL EVENTS. IN ADDITION, PEACE HOUSE OCCASIONALLY MAKES THE SPACE AVAILABLE TO COMMUNITY GROUPS. SITUATED IN THE BUSY HEART OF CAMBRIDGE, MASSACHUSETTS, PEACE HOUSE SERVES AS A SACRED SPACE OF REFUGE AND RESPITE FOR THOSE SEEKING TO CULTIVATE INNER PEACE.

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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 (2025)

Revenue Breakdown

Contributions & Grants $256,207
Program Service Revenue $2,200
Investment Income $0
Other Revenue $2,750
TOTAL REVENUE $261,157

Expense Breakdown

Grants Paid $0
Salaries & Benefits $208,809
Fundraising Expenses $0
Program Expenses $177,897
Other Expenses $69,219
TOTAL EXPENSES $278,028

Year-over-Year Comparison

2025 2024 Change
Revenue $261,157 $333,993 -0.2%
Expenses $278,028 $310,790 -0.1%
Net Income $-16,871 $23,203 -1.7%
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
7
Independent Members
7
Employees
4
Volunteers
7

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
4
$89,413
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FARLEY URMSTON DIRECTOR 0.50
Director
$0 $0 $0
KRISTYN WILLIS DIRECTOR 0.50
Director
$0 $0 $0
CHARLES URMSTON DIRECTOR 0.50
Director
$0 $0 $0
CHARLIE HALLISEY DIRECTOR 0.50
Director
$0 $0 $0
KARL BANDTEL CHAIR & DIRECTOR 2.00
Officer Director
$0 $0 $0
NANCY DEMPSEY SECRETARY & DIRECTOR 0.50
Officer Director
$0 $0 $0
BILL OGRODNICK TREASURER & DIRECTOR 0.50
Officer Director
$0 $0 $0
JUDY BEALS EXECUTIVE DIRECTOR 25.00
Officer
$80,000 $9,413 $89,413
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
2025 $261,157 $278,028 $325,506 $-16,871
2024 $333,993 $310,790 $342,377 $23,203
2023 $324,714 $234,455 $319,173 $90,259
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