Colombe Peace Foundation
Colombe Peace Foundation maintains substantial assets with fluctuating revenue and no reported officer compensation.
EIN: 137103356 · Boston, MA · NTEE: T20Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.4M |
| Total Expenses | $3.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $19.9M |
| Transparency Score | 85/100 |
Is Colombe Peace Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Colombe Peace Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Colombe Peace Foundation
Colombe Peace Foundation (EIN: 137103356) is a nonprofit organization based in Boston, MA, classified under NTEE code T20Z. The organization reported total revenue of $4.4M and total assets of $20.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Colombe Peace Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Colombe Peace Foundation is a mid-size nonprofit that has been operating for 29 years, with 10 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $3.5M |
| Surplus / Deficit | $-504,270 |
| Total Assets | $19.9M |
| Total Liabilities | $1 |
| Net Assets | $19.9M |
| Operating Margin | -16.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 67.9 months |
Financial Health Grade: B
In 2023, Colombe Peace Foundation reported a deficit of $504K with expenses exceeding revenue, holds 67.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2023), Colombe Peace Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -56.5% | -3.5% | -2.5% |
| 2022 | +156.9% | -8.2% | +19.2% |
| 2021 | -10.3% | +125.9% | -6.9% |
| 2020 | -8.7% | -47.7% | +7.3% |
| 2019 | +103.5% | +46.5% | -8.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Colombe Peace Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Colombe Peace Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $504K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly unusual for an organization of its size with assets exceeding $20 million. This suggests either a volunteer-led executive team or that executive functions are outsourced without direct compensation reported as officer pay.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Colombe Peace Foundation's IRS 990 filings:
- Significant year-to-year revenue volatility, making financial planning potentially challenging.
- Expenses exceeded revenue in multiple recent periods (e.g., 2023, 2021, 2019, 2016), indicating reliance on reserves or prior surpluses.
Strengths
The following positive indicators were identified for Colombe Peace Foundation:
- Consistently high asset base, exceeding $18 million for the past decade, providing financial resilience.
- Extremely low liabilities ($0 or $1 reported), indicating strong financial health and minimal debt.
- 0% reported officer compensation across all filings, suggesting high efficiency in executive overhead or volunteer leadership.
- Strong transparency regarding executive compensation, or lack thereof.
Frequently Asked Questions about Colombe Peace Foundation
Is Colombe Peace Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Colombe Peace Foundation (EIN: 137103356) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Colombe Peace Foundation spend its money?
Colombe Peace Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Colombe Peace Foundation tax-deductible?
Colombe Peace Foundation is registered as a tax-exempt nonprofit (EIN: 137103356). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Colombe Peace Foundation CEO make?
Colombe Peace Foundation's highest-compensated officer earns $20 annually. The organization reported $4.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Colombe Peace Foundation's spending goes to programs?
Colombe Peace Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Colombe Peace Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Colombe Peace Foundation is above average for NTEE category T20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Colombe Peace Foundation located?
Colombe Peace Foundation is headquartered in Boston, Massachusetts and files with the IRS under EIN 137103356. It is classified under NTEE code T20Z.
How many years of IRS 990 filings does Colombe Peace Foundation have?
Colombe Peace Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.4M in total revenue.
Is Colombe Peace Foundation financially stable?
Yes, the organization appears financially stable, consistently holding over $18 million in assets and reporting minimal liabilities ($0 or $1) across all filings, despite periods where expenses exceeded revenue.
How does Colombe Peace Foundation manage executive compensation?
Colombe Peace Foundation reports 0% officer compensation in all available filings, meaning no salaries are paid to its officers. This is a strong indicator of volunteer leadership or alternative compensation structures not classified as officer pay.
What is the trend in Colombe Peace Foundation's revenue?
The organization's revenue has been highly volatile, ranging from a low of $1,622,733 in 2016 to a high of $6,947,626 in 2022, with the latest revenue at $3,020,487 in 2023.
Does Colombe Peace Foundation have significant debt?
No, the organization reports extremely low liabilities, consistently $0 or $1 across all filings, indicating a very strong balance sheet with virtually no debt.
Filing History
IRS 990 filing history for Colombe Peace Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2023), Colombe Peace Foundation's revenue has grown by 7.5%, moving from $2.8M to $3.0M. Total assets increased by 6.3% over the same period, from $18.8M to $19.9M. Total functional expenses rose by 73.2%, from $2.0M to $3.5M. In its most recent filing year (2023), Colombe Peace Foundation reported a deficit of $504K, with expenses exceeding revenue. The organization holds $1 in liabilities against $19.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $19.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.0M | $3.5M | $19.9M | $1 | — | View 990 |
| 2022 | $6.9M | $3.7M | $20.4M | $1 | — | View 990 |
| 2021 | $2.7M | $4.0M | $17.2M | $1 | — | View 990 |
| 2020 | $3.0M | $1.8M | $18.4M | $1 | — | — |
| 2019 | $3.3M | $3.4M | $17.2M | $1 | — | View 990 |
| 2016 | $1.6M | $2.3M | $18.7M | $1 | — | View 990 |
| 2015 | $3.0M | $2.1M | $19.4M | $1 | — | View 990 |
| 2014 | $2.1M | $2.1M | $18.5M | $1 | — | View 990 |
| 2013 | $2.3M | $2.5M | $18.5M | $1 | — | View 990 |
| 2012 | $2.8M | $2.0M | $18.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.0M, expenses of $3.5M, and assets of $19.9M (revenue -56.5% year-over-year).
- 2022: Revenue of $6.9M, expenses of $3.7M, and assets of $20.4M (revenue +156.9% year-over-year).
- 2021: Revenue of $2.7M, expenses of $4.0M, and assets of $17.2M (revenue -10.3% year-over-year).
- 2020: Revenue of $3.0M, expenses of $1.8M, and assets of $18.4M (revenue -8.7% year-over-year).
- 2019: Revenue of $3.3M, expenses of $3.4M, and assets of $17.2M (revenue +103.5% year-over-year).
- 2016: Revenue of $1.6M, expenses of $2.3M, and assets of $18.7M (revenue -46.6% year-over-year).
- 2015: Revenue of $3.0M, expenses of $2.1M, and assets of $19.4M (revenue +46.3% year-over-year).
- 2014: Revenue of $2.1M, expenses of $2.1M, and assets of $18.5M (revenue -8.6% year-over-year).
- 2013: Revenue of $2.3M, expenses of $2.5M, and assets of $18.5M (revenue -19.2% year-over-year).
- 2012: Revenue of $2.8M, expenses of $2.0M, and assets of $18.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Colombe Peace Foundation:
Data Sources and Methodology
This transparency report for Colombe Peace Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.