Peace Islands Institute Inc
Nonprofit profile at a glance
- EIN
- 550826499
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Hasbrouck Heights, NJ, USA
- Phone
- 9733539333
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Recreational l Clubs
Reported finances
- Revenue
- $383,065
- Expenses
- $386,329
- Assets
- $33,929
- Liabilities
- $154,465
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- ADAM OZDEMIR (CEO)
- NURAY YURT (PRESIDENT)
Highest reported compensation
- ADAM OZDEMIR (CEO): $92,227 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Organization's mission or most significant activities: mission peace islands institute (pii) aspires to facilitate a forum of mutual respect and collaboration, both welcoming and accepting varied viewpoints and voices with the intent to develop original and alternative perspectives on vital issues that our society is facing, generate solutions to these issues, support successful practices, thus promoting education, friendship and harmony and acting as an island of peace for all peoples in a society of different ethnic, cultural and religious backgrounds. Vision in a diverse world, where even the farthest point is a click away, every culture, race, religion, tradition and nation become neighbors. We have to live and interact together in this global island we call earth. Peace islands institute (pii) serves to act as the soil for fruitful dialogue, peace, and civil service just as the soil on this global island gives forth flowers of different colors, scents and shapes. Pii envisions a w
What it reported doing in 2024
Dinners, lectures, and seminars to promote inter-faith and cultural dialogue activities include: -award ceremonies -annual dialogue dinners -book reviews and discussions -other dialogue related support activities
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 92
- Accountability: 69
- Sustainability: 21
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.3%; rating input score 88
- Program expense ratio: 87.5%; rating input score 88
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- 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: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0.9%; rating input score 37; 37th percentile among comparable filings
- Total-asset coverage ratio: 0.09; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: 4.55; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 23.9%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: -12.6% per year; rating input score 0; 9th percentile among comparable filings
- Revenue growth: -8.7% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: -5.1% per year; rating input score 0; 10th percentile among comparable filings
Details
- Where the money goes: 88.3% of revenue deployed · 87.5% of spending went to programs
- Governance: 7 of 7 board members independent · 2 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $338K in reported program spending
- Leadership: top reported pay $92K · 8 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 13 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 5 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 37/100.
- High — Sustainability: Total-asset coverage ratio scored 6/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- High — Sustainability: Officer compensation ratio scored 15/100.