Peace Center Inc Food & Clothing Distribution
EIN: 411456579 · New Prague, MN · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $174K |
| Total Expenses | $178K |
| Net Assets | $219K |
Is Peace Center Inc Food & Clothing Distribution Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Peace Center Inc Food & Clothing Distribution
Peace Center Inc Food & Clothing Distribution (EIN: 411456579) is a nonprofit organization based in New Prague, MN, classified under NTEE code P20. The organization reported total revenue of $174K and total assets of $230K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Peace Center Inc Food & Clothing Distribution's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Peace Center Inc Food & Clothing Distribution is a small nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $188K |
| Total Expenses | $178K |
| Surplus / Deficit | +$10K |
| Total Assets | $219K |
| Net Assets | $219K |
| Operating Margin | 5.4% |
| Months of Reserves | 14.8 months |
Financial Health Grade: A
In 2023, Peace Center Inc Food & Clothing Distribution reported a surplus of $10K with revenue exceeding expenses, holds 14.8 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2023), Peace Center Inc Food & Clothing Distribution's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.5% | +12.6% | +4.8% |
| 2022 | +36.8% | +48.7% | +39.5% |
| 2021 | +3.5% | +11.1% | +53.9% |
| 2020 | +37.4% | -15.7% | +145.6% |
| 2019 | -7.8% | -15.9% | -4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Peace Center Inc Food & Clothing Distribution has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Peace Center Inc Food & Clothing Distribution with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10K, with revenue exceeding expenses.
Frequently Asked Questions about Peace Center Inc Food & Clothing Distribution
Is Peace Center Inc Food & Clothing Distribution a legitimate charity?
Based on AI analysis of IRS 990 filings, Peace Center Inc Food & Clothing Distribution (EIN: 411456579) insufficient data. 0 red flags identified, 0 strengths noted.
How does Peace Center Inc Food & Clothing Distribution spend its money?
Detailed spending breakdown data is not yet available for Peace Center Inc Food & Clothing Distribution. Check back for updated IRS 990 analysis.
Are donations to Peace Center Inc Food & Clothing Distribution tax-deductible?
Peace Center Inc Food & Clothing Distribution is registered as a tax-exempt nonprofit (EIN: 411456579). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Peace Center Inc Food & Clothing Distribution located?
Peace Center Inc Food & Clothing Distribution is headquartered in New Prague, Minnesota and files with the IRS under EIN 411456579. It is classified under NTEE code P20.
How many years of IRS 990 filings does Peace Center Inc Food & Clothing Distribution have?
Peace Center Inc Food & Clothing Distribution has 14 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 $174K in total revenue.
Filing History
IRS 990 filing history for Peace Center Inc Food & Clothing Distribution showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Peace Center Inc Food & Clothing Distribution's revenue has grown by 95.8%, moving from $96K to $188K. Total assets increased by 286.4% over the same period, from $57K to $219K. Total functional expenses rose by 149.4%, from $71K to $178K. In its most recent filing year (2023), Peace Center Inc Food & Clothing Distribution reported a surplus of $10K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $188K | $178K | $219K | $0 | — | — |
| 2022 | $217K | $158K | $209K | $0 | — | — |
| 2021 | $159K | $106K | $150K | $0 | — | View 990 |
| 2020 | $153K | $95K | $97K | $0 | — | View 990 |
| 2019 | $111K | $113K | $40K | $0 | — | View 990 |
| 2018 | $121K | $135K | $41K | $0 | — | View 990 |
| 2017 | $128K | $128K | $55K | $0 | — | View 990 |
| 2016 | $143K | $145K | $56K | $0 | — | View 990 |
| 2015 | $153K | $166K | $57K | $0 | — | View 990 |
| 2014 | $131K | $137K | $70K | $0 | — | View 990 |
| 2013 | $151K | $130K | $77K | $1K | — | View 990 |
| 2012 | $60K | $58K | $61K | $5K | — | View 990 |
| 2012 | $82K | $83K | $55K | $2K | — | View 990 |
| 2011 | $96K | $71K | $57K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $188K, expenses of $178K, and assets of $219K (revenue -13.5% year-over-year).
- 2022: Revenue of $217K, expenses of $158K, and assets of $209K (revenue +36.8% year-over-year).
- 2021: Revenue of $159K, expenses of $106K, and assets of $150K (revenue +3.5% year-over-year).
- 2020: Revenue of $153K, expenses of $95K, and assets of $97K (revenue +37.4% year-over-year).
- 2019: Revenue of $111K, expenses of $113K, and assets of $40K (revenue -7.8% year-over-year).
- 2018: Revenue of $121K, expenses of $135K, and assets of $41K (revenue -5.2% year-over-year).
- 2017: Revenue of $128K, expenses of $128K, and assets of $55K (revenue -11.1% year-over-year).
- 2016: Revenue of $143K, expenses of $145K, and assets of $56K (revenue -6.0% year-over-year).
- 2015: Revenue of $153K, expenses of $166K, and assets of $57K (revenue +16.2% year-over-year).
- 2014: Revenue of $131K, expenses of $137K, and assets of $70K (revenue -13.2% year-over-year).
- 2013: Revenue of $151K, expenses of $130K, and assets of $77K (revenue +150.0% year-over-year).
- 2012: Revenue of $60K, expenses of $58K, and assets of $61K (revenue -26.1% year-over-year).
- 2012: Revenue of $82K, expenses of $83K, and assets of $55K (revenue -14.5% year-over-year).
- 2011: Revenue of $96K, expenses of $71K, and assets of $57K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Peace Center Inc Food & Clothing Distribution:
Data Sources and Methodology
This transparency report for Peace Center Inc Food & Clothing Distribution 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.