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CHARITY REVIEW
Issued: February 2025 Expires: February 2027

Physicians for Peace Foundation

Standards Not Met
Standards Not Met
8 9 11
(757) 943-9625
520 West 21st Street, Suite G2103
Norfolk, VA, 23517
https://physiciansforpeace.org
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Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. 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.

This report is not to be used for fundraising or promotional purposes.

RELATED CONTENT

Report completed by:
BBB Wise Giving Alliance