Perfect Peace Inc
Perfect Peace Inc. frequently operates at a deficit, with expenses exceeding revenue in 8 of the last 10 periods, while reporting no officer compensation.
EIN: 20420363 · Peterborough, NH · NTEE: P73Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $975K |
| Total Expenses | $511K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $974,872. |
| Net Assets | $8K |
| Transparency Score | 70/100 |
Is Perfect Peace Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Perfect Peace Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Perfect Peace Inc
Perfect Peace Inc (EIN: 20420363) is a nonprofit organization based in Peterborough, NH, classified under NTEE code P73Z. The organization reported total revenue of $975K and total assets of $68K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Perfect Peace Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Perfect Peace Inc is a small nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $494K |
| Total Expenses | $511K |
| Surplus / Deficit | $-16,738 |
| Total Assets | $65K |
| Total Liabilities | $57K |
| Net Assets | $8K |
| Operating Margin | -3.4% |
| Debt-to-Asset Ratio | 87.9% |
| Months of Reserves | 1.5 months |
Financial Health Grade: D
In 2023, Perfect Peace Inc reported a deficit of $17K with expenses exceeding revenue, holds 1.5 months of operating reserves (limited), has a debt-to-asset ratio of 87.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Perfect Peace Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.4% | -14.1% | +49.2% |
| 2022 | +14.8% | +14.8% | -60.2% |
| 2021 | +48.5% | +62.6% | +6.2% |
| 2020 | +24.7% | +23.8% | +105.3% |
| 2019 | +2.7% | -3.7% | +137.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Perfect Peace Inc with a Mission Score of 70 out of 100 (Good). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Perfect Peace Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. 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 $17K, with expenses exceeding revenue.
- Debt-to-asset ratio: 87.9%.
Executive Compensation Analysis
Perfect Peace Inc. consistently reports 0% officer compensation across all 13 filings, indicating that no funds are allocated to executive salaries, which is highly commendable for an organization of its size with latest revenue of $974,872.
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 Perfect Peace Inc's IRS 990 filings:
- Frequent operational deficits (8 out of 10 periods, e.g., 2023 expenses $510,632 vs. revenue $493,894)
- Fluctuating asset-to-liability ratio, with liabilities sometimes exceeding assets (e.g., 2018 and 2016)
- Significant year-over-year revenue fluctuations without clear explanation in provided data
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
Strengths
The following positive indicators were identified for Perfect Peace Inc:
- Consistent reporting with 13 IRS 990 filings, indicating transparency and compliance.
- 0% officer compensation reported across all filings, demonstrating a commitment to mission over executive pay.
- Long operational history (since at least 2014), suggesting resilience and established presence.
- Latest reported revenue of $974,872 indicates significant fundraising capacity.
Frequently Asked Questions about Perfect Peace Inc
Is Perfect Peace Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Perfect Peace Inc (EIN: 20420363) some concerns. Mission Score: 70/100. 4 red flags identified, 4 strengths noted.
How does Perfect Peace Inc spend its money?
Perfect Peace Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Perfect Peace Inc tax-deductible?
Perfect Peace Inc is registered as a tax-exempt nonprofit (EIN: 20420363). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Perfect Peace Inc CEO make?
Perfect Peace Inc's highest-compensated officer earns $974,872. annually. The organization reported $975K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Perfect Peace Inc's spending goes to programs?
Perfect Peace Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Perfect Peace Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Perfect Peace Inc is above average for NTEE category P73Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Perfect Peace Inc located?
Perfect Peace Inc is headquartered in Peterborough, New Hampshire and files with the IRS under EIN 20420363. It is classified under NTEE code P73Z.
How many years of IRS 990 filings does Perfect Peace Inc have?
Perfect Peace Inc 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 $975K in total revenue.
Is Perfect Peace Inc. financially sustainable given its recurring deficits?
Perfect Peace Inc. has reported expenses exceeding revenue in 8 out of the last 10 periods, including the most recent 2023 filing where expenses were $510,632 against revenues of $493,894. This pattern raises concerns about long-term financial sustainability and suggests a potential reliance on reserves or other funding sources not detailed in the annual revenue figures.
What is the breakdown of Perfect Peace Inc.'s expenses (program, admin, fundraising)?
The provided IRS 990 data only offers total revenue and expenses, not a detailed breakdown into program, administrative, and fundraising costs. Without this information, it is difficult to fully assess the organization's spending efficiency and how much of its budget directly supports its mission.
How does Perfect Peace Inc. manage its liabilities, which have sometimes exceeded assets?
Perfect Peace Inc. has experienced periods where liabilities surpassed assets, such as in 2018 ($32,196 liabilities vs. $21,202 assets) and 2016 ($66,708 liabilities vs. $47,290 assets). While the most recent filing shows assets exceeding liabilities ($65,073 assets vs. $57,177 liabilities), the historical trend suggests a need for careful liability management to maintain financial stability.
Why has Perfect Peace Inc.'s revenue fluctuated significantly, from $242,124 in 2016 to $974,872 (latest) and then $493,894 in 2023?
The revenue figures show considerable fluctuation, with a peak in the latest reported revenue of $974,872, but the most recent period (202306) shows $493,894. This volatility could be due to inconsistent grant funding, varying donation levels, or changes in program activities. Understanding the drivers behind these fluctuations is key to assessing future financial predictability.
Filing History
IRS 990 filing history for Perfect Peace Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Perfect Peace Inc's revenue has grown by 174.4%, moving from $180K to $494K. Total assets increased by 251.1% over the same period, from $19K to $65K. Total functional expenses rose by 177.2%, from $184K to $511K. In its most recent filing year (2023), Perfect Peace Inc reported a deficit of $17K, with expenses exceeding revenue. The organization holds $57K in liabilities against $65K in assets (debt-to-asset ratio: 87.9%), resulting in net assets of $8K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $494K | $511K | $65K | $57K | — | — |
| 2022 | $584K | $595K | $44K | $33K | — | View 990 |
| 2021 | $509K | $518K | $110K | $88K | — | View 990 |
| 2020 | $343K | $319K | $103K | $72K | — | View 990 |
| 2019 | $275K | $257K | $50K | $44K | — | View 990 |
| 2018 | $268K | $267K | $21K | $32K | — | View 990 |
| 2017 | $274K | $266K | $33K | $45K | — | View 990 |
| 2016 | $242K | $249K | $47K | $67K | — | View 990 |
| 2015 | $260K | $260K | $22K | $35K | — | View 990 |
| 2014 | $269K | $261K | $24K | $37K | — | View 990 |
| 2013 | $249K | $252K | $24K | $45K | — | View 990 |
| 2012 | $249K | $249K | $23K | $40K | — | View 990 |
| 2011 | $180K | $184K | $19K | $36K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $494K, expenses of $511K, and assets of $65K (revenue -15.4% year-over-year).
- 2022: Revenue of $584K, expenses of $595K, and assets of $44K (revenue +14.8% year-over-year).
- 2021: Revenue of $509K, expenses of $518K, and assets of $110K (revenue +48.5% year-over-year).
- 2020: Revenue of $343K, expenses of $319K, and assets of $103K (revenue +24.7% year-over-year).
- 2019: Revenue of $275K, expenses of $257K, and assets of $50K (revenue +2.7% year-over-year).
- 2018: Revenue of $268K, expenses of $267K, and assets of $21K (revenue -2.4% year-over-year).
- 2017: Revenue of $274K, expenses of $266K, and assets of $33K (revenue +13.2% year-over-year).
- 2016: Revenue of $242K, expenses of $249K, and assets of $47K (revenue -7.0% year-over-year).
- 2015: Revenue of $260K, expenses of $260K, and assets of $22K (revenue -3.2% year-over-year).
- 2014: Revenue of $269K, expenses of $261K, and assets of $24K (revenue +8.0% year-over-year).
- 2013: Revenue of $249K, expenses of $252K, and assets of $24K (revenue -0.1% year-over-year).
- 2012: Revenue of $249K, expenses of $249K, and assets of $23K (revenue +38.4% year-over-year).
- 2011: Revenue of $180K, expenses of $184K, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Perfect Peace Inc:
Data Sources and Methodology
This transparency report for Perfect Peace Inc 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.