Partners For Peace
Partners For Peace shows consistent operations with recent deficit after prior year surplus, maintaining asset growth.
EIN: 10358090 · Bangor, ME · NTEE: P430 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $2.7M |
| Program Spending | 80% |
| Net Assets | $2.7M |
| Transparency Score | 85/100 |
Is Partners For Peace Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Partners For Peace directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Partners For Peace
Partners For Peace (EIN: 10358090) is a nonprofit organization based in Bangor, ME, classified under NTEE code P430. The organization reported total revenue of $2.4M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Partners For Peace's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Partners For Peace is a mid-size nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $2.7M |
| Surplus / Deficit | $-355,753 |
| Total Assets | $3.2M |
| Total Liabilities | $507K |
| Net Assets | $2.7M |
| Operating Margin | -15.0% |
| Debt-to-Asset Ratio | 16.0% |
| Months of Reserves | 14.0 months |
Financial Health Grade: B
In 2023, Partners For Peace reported a deficit of $356K with expenses exceeding revenue, holds 14.0 months of operating reserves (strong position), has a debt-to-asset ratio of 16.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Partners For Peace's revenue has grown at a compound annual growth rate (CAGR) of 5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.3% | +16.6% | +0.7% |
| 2022 | +20.3% | +12.6% | -1.3% |
| 2021 | +19.5% | +11.8% | +20.2% |
| 2020 | +5.6% | +4.3% | +6.3% |
| 2019 | -0.2% | +2.6% | +0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
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 Partners For Peace 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Partners For Peace allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $356K, with expenses exceeding revenue.
- Debt-to-asset ratio: 16.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting either a volunteer executive leadership or that compensation is categorized differently within the expense structure, which is highly transparent but warrants further detail for a complete understanding of leadership costs.
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 Partners For Peace's IRS 990 filings:
- Significant deficit in the most recent fiscal year (2023) of $355,753.
- Increasing trend in liabilities over the past decade, reaching over half a million dollars in 2023.
- Unclear executive compensation structure, with 0% reported officer compensation across all filings, which may obscure true leadership costs.
Strengths
The following positive indicators were identified for Partners For Peace:
- Consistent revenue generation, generally maintaining operations over a decade.
- Steady growth in assets, increasing from $1.9M in 2015 to $3.1M in 2023, indicating financial stability.
- Strong transparency with 13 years of consistent IRS 990 filings.
- Clear mission focus as indicated by NTEE code P430 (Domestic Violence).
Frequently Asked Questions about Partners For Peace
Is Partners For Peace a legitimate charity?
Based on AI analysis of IRS 990 filings, Partners For Peace (EIN: 10358090) some concerns. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
How does Partners For Peace spend its money?
Partners For Peace directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Partners For Peace tax-deductible?
Partners For Peace is registered as a tax-exempt nonprofit (EIN: 10358090). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Partners For Peace's spending goes to programs?
Partners For Peace directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Partners For Peace compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Partners For Peace is above average for NTEE category P430 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Partners For Peace located?
Partners For Peace is headquartered in Bangor, Maine and files with the IRS under EIN 10358090. It is classified under NTEE code P430.
How many years of IRS 990 filings does Partners For Peace have?
Partners For Peace has 13 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 $2.4M in total revenue.
Why was there a significant deficit in the 2023 fiscal year?
In 2023, expenses ($2,723,869) exceeded revenue ($2,368,116) by $355,753, a notable shift from the $274,453 surplus in 2022. Understanding the specific drivers of this increase in expenses or decrease in revenue would be important.
How does Partners For Peace manage its executive leadership without reported officer compensation?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this size ($2.3M+ revenue). It suggests either a fully volunteer executive team or that executive salaries are embedded within other expense categories, which could impact the perceived administrative efficiency.
What is the organization's strategy for managing increasing liabilities?
Liabilities have steadily increased from $91,913 in 2015 to $507,062 in 2023. While assets have also grown, understanding the nature of these liabilities (e.g., program-related debt, operational payables) and the strategy for their management is key.
Filing History
IRS 990 filing history for Partners For Peace showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Partners For Peace's revenue has grown by 87.2%, moving from $1.3M to $2.4M. Total assets increased by 145.3% over the same period, from $1.3M to $3.2M. Total functional expenses rose by 117.3%, from $1.3M to $2.7M. In its most recent filing year (2023), Partners For Peace reported a deficit of $356K, with expenses exceeding revenue. The organization holds $507K in liabilities against $3.2M in assets (debt-to-asset ratio: 16.0%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $2.7M | $3.2M | $507K | — | View 990 |
| 2022 | $2.6M | $2.3M | $3.1M | $427K | — | View 990 |
| 2021 | $2.2M | $2.1M | $3.2M | $386K | — | View 990 |
| 2020 | $1.8M | $1.9M | $2.7M | $274K | — | — |
| 2019 | $1.7M | $1.8M | $2.5M | $207K | — | View 990 |
| 2018 | $1.7M | $1.7M | $2.5M | $202K | — | View 990 |
| 2017 | $1.8M | $1.7M | $2.2M | $111K | — | View 990 |
| 2016 | $1.6M | $1.7M | $2.1M | $112K | — | View 990 |
| 2015 | $1.6M | $1.6M | $1.9M | $92K | — | View 990 |
| 2014 | $1.6M | $1.6M | $2.4M | $432K | — | View 990 |
| 2013 | $1.2M | $1.2M | $1.5M | $116K | — | View 990 |
| 2012 | $1.3M | $1.3M | $1.4M | $132K | — | View 990 |
| 2011 | $1.3M | $1.3M | $1.3M | $144K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $2.7M, and assets of $3.2M (revenue -9.3% year-over-year).
- 2022: Revenue of $2.6M, expenses of $2.3M, and assets of $3.1M (revenue +20.3% year-over-year).
- 2021: Revenue of $2.2M, expenses of $2.1M, and assets of $3.2M (revenue +19.5% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.9M, and assets of $2.7M (revenue +5.6% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.8M, and assets of $2.5M (revenue -0.2% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.7M, and assets of $2.5M (revenue -1.8% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.7M, and assets of $2.2M (revenue +6.8% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.7M, and assets of $2.1M (revenue +3.6% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.6M, and assets of $1.9M (revenue -0.6% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.6M, and assets of $2.4M (revenue +29.8% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.2M, and assets of $1.5M (revenue -2.9% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.3M, and assets of $1.4M (revenue +0.0% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.3M, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Partners For Peace:
Data Sources and Methodology
This transparency report for Partners For Peace 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.