Institute for Economics and Peace
Nonprofit profile at a glance
- EIN
- 453114269
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- New York, NY, USA
- Phone
- 3322131666
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Public, Societal Benefit
Reported finances
- Revenue
- $525,507
- Expenses
- $497,062
- Assets
- $180,195
- Liabilities
- $67,791
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- MICHAEL COLLINS (EXECUTIVE DIRECTOR)
- STEPHEN KILLELEA (President)
Highest reported compensation
- MICHAEL COLLINS (EXECUTIVE DIRECTOR): $194,320 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The institute for economics and peace (iep) is an international research institute dedicated to building a greater understanding of the inter-relationships between business, peace and economics, with a particular emphasis on the economic benefits of peace.
What it reported doing in 2024
Executive SummaryIEP conducts research on peace, conflict, and resilience, producing globally recognized indices and analytical tools used by governments, multilateral institutions, and development organizations. During the year, IEP published four major research reports, delivered over 100 briefings and presentations across the United States, Canada, and Latin America, expanded its Positive Peace programming into 12 countries, and deepened partnerships with UN agencies, international humanitarian organizations, and major foundations. This work continued to position IEP as a leading source of data and analysis on global peace and security.Global Peace IndexIEP released the latest edition of the Global Peace Index, covering 163 countries, with launch events held in New York, Washington DC, Canada, and globally online. These events were attended by Ambassadors, Deputy Permanent Representatives, government officials, and representatives from development research institutions and civil society organizations. Briefings were delivered throughout the year to government agencies, security sector partners, and academic institutions, with Spanish-language presentations reaching audiences across Latin America.Global Terrorism IndexThe latest edition of the Global Terrorism Index was launched with events held across the United States and Canada, including briefings for defense, law enforcement, and security sector partners, as well as for think tanks, universities, and academic institutions throughout North America.Ecological Threat ReportThe latest edition of the Ecological Threat Report, analyzing food insecurity, water risk, demographic pressure, and natural hazards, was launched with events coordinated alongside UN environmental agencies, peacebuilding alliances, and Missions to the United Nations. Findings were briefed at UN conferences and the reports framing of environmental threats as peacebuilding issues was featured in discussions at COP 30 in Brazil.Mexico Peace IndexIEP published the latest edition of the Mexico Peace Index, which was referenced in over 600 press articles within two weeks of release. The Index continues to inform the security strategies of multiple Mexican states, the federal government, and peacebuilding organizations operating throughout the country. Over 40 MPI and Positive Peace related presentations, trainings, and consultancies were delivered in Mexico throughout the year.POSITIVE PEACEIEPs Positive Peace programming expanded into new regions and partner organizations during the year. Working with international humanitarian and development partners, IEP developed a comprehensive field manual applying the 8 Pillars of Positive Peace to development and peace programming, now being rolled out to staff globally. IEP also contributed to the development of new child vulnerability measurement systems and to discussions on how peace and resilience metrics could guide resource allocation across partner development portfolios.IEPs network of Positive Peace Activators continued to grow, with members integrating the framework into peace education and community programs across Latin America and other parts of the world. Positive Peace workshops were delivered at international conventions and partner events, training participants in the application of the framework. Among these, a Programs of Scale initiative in Colombia became the first large-scale program of its kind dedicated to peacebuilding with Positive Peace as a core component. The Community Strength Barometer was further developed as a community resilience measurement tool.PARTNERSHIPSIEPs UN engagement deepened during the year. Among multiple engagements with UN agencies, IEP co-hosted roundtables and validation workshops on topics including the impact of militarization on the Sustainable Development Goals, joined advisory boards for UN peacekeeping initiatives on data literacy, and advanced discussions on country-level assessments of peacebuilding investmen
Operating model
- Revenue model
- Affiliate-supported. 61% of the money available for current operations came from contributions from related organizations.
- Distribution model
- Direct operator. The filing allocates 81% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - Most voting board members are independent and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 50
- Transparency & Controls: 46
- Accountability: 90
- Sustainability: 32
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 53.6%; rating input score 54
- Program expense ratio: 56.7%; rating input score 57
- Fundraising efficiency: $2.65 raised per $1 spent on fundraising; rating input score 8; 8th percentile among comparable filings
Transparency & Controls
- Consistency checks: 85.7%; rating input score 86; 2nd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: 0 of 8 controls in place; rating input score 0
- Claims monitoring procedures: Limited
- Requires narrative reports: Limited
- Conducts field audits: Limited
- May suspend future funding: Limited
- Requires financial reports: Limited
- Conducts site visits: Limited
- Requires grant agreements: Limited
- May require repayment: Limited
- Grant itemization coverage: 0%; rating input score 0; 13th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 5.4%; rating input score 51; 51st percentile among comparable filings
- Total-asset coverage ratio: 0.36; rating input score 17; 17th percentile among comparable filings
- Liabilities to assets ratio: 0.38; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 39.1%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: -1.4% per year; rating input score 0; 14th percentile among comparable filings
- Revenue growth: 0.1% per year; rating input score 100; 15th percentile among comparable filings
- Asset growth: 1.8% per year; rating input score 100; 24th percentile among comparable filings
Details
- Where the money goes: 53.6% of revenue deployed · 56.7% of spending went to programs
- Governance: 5 of 5 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $282K in reported program spending
- Leadership: top reported pay $194K · 7 people listed · 2 of 6 pay-setting controls reported
- Consistency: 30 of 32 current checks pass · 2 findings to review
- Schedules: 6 filed schedules · includes major donors, foreign activity, and executive pay
- Filing history: 9 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 54/100.
- Review — Financial Efficiency: Program expense ratio scored 57/100.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 8/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 17/100.
- Review — Accountability: Governance controls: Document-retention policy not reported.
- Review — Sustainability: Operating margin scored 51/100.
- High — Sustainability: Officer compensation ratio scored 4/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Foreign grant itemization did not reconcile in the filed values.