Physicians for Peace Foundation
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Physicians for Peace Foundation does not meet the following 3 Standards for Charity Accountability:
Standard 8 (Program Service Expense Ratio)
Spend at least 65% of its total expenses on program activities.
PFP does not meet this Standard because:
- According to its IRS Form 990 for the year ended June 30, 2024, the organization spent $452,023 or 58% of its total expenses on programs.
Standard 9 (Fund Raising Expense Ratio)
Spending should be no more than 35% of related contributions on fund raising. Related contributions include donations, legacies, and other gifts received as a result of fund raising efforts.
PFP does not meet this Standard because:
- According to its IRS Form 990 for the year ended June 30, 2024, the organization's fundraising costs were 42% ($246,269) of related contributions, which totaled $591,117.
Standard 11 (Financial Statements)
Make available to all, on request, complete annual financial statements prepared in accordance with generally accepted accounting principles. When total annual gross income exceeds $1 million, these statements should be audited in accordance with generally accepted auditing standards. For charities whose annual gross income is less than $1 million, a review by a certified public accountant is sufficient to meet this standard. For charities whose annual gross income is less than $250,000, an internally produced, complete financial statement is sufficient to meet this standard.
PFP does not meet this Standard because:
- The organization states it does not have financial statements that were reviewed by a certified public accountant (CPA).
Physicians for Peace Foundation meets the remaining 17 Standards for Charity Accountability.
Stated Purpose:
"to educate and empower local providers of surgical care to alleviate suffering and transform lives in under-resourced communities around the world."
Year, State Incorporated:
1989, VA
Physicians for Peace Foundation (PFP) reports that it works to deliver access to healthcare by training and supporting local healthcare teams in developing countries. The organization is invited by partners in participating countries to assess and identify healthcare needs and collaborate to meet sustainable outcomes. Program areas include burn surgery and rehabilitation, essential surgery, and pediatric surgery and ICU.
For the year ended June 30, 2024, Physicians for Peace Foundation's program expenses were:
Program services | $452,023 |
Total Program Expenses | $452,023 |
Chief Executive
James Morgan, Chief Executive Officer
Compensation*
$213,538
Chair of the Board
John T. Schulz III,MD
Chair's Profession / Business Affiliation
Medical Director, Division of Burns, Massachusetts General Hospital
Board Size
10
Paid Staff Size
6
*2023 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Radio
Fundraising costs were 42% of related contributions. (Related contributions, which totaled $591,117, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Physicians for Peace Foundation's audited financial statements for the year ended June 30, 2024.
Source of Funds
Special events | $300 |
Gross amount from sales of assets other than inventory | $696 |
Investment income | $774 |
Contributions | $590,817 |
Total Income | $592,587 |
Programs: 58% Fundraising: 32% Administrative: 10%
Total Income | $592,587 |
Total expenses: | $780,106 |
Program expenses | $452,023 |
Fundraising expenses | $246,269 |
Administrative expenses | $81,814 |
Other expenses | $0 |
Income in Excess of Expenses | $-187,519 |
Beginning Net Assets | $390,389 |
Other Changes In Net Assets | $0 |
Ending Net Assets | $202,870 |
Total Liabilities | $42,695 |
Total Assets | $245,565 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
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