Nonprofit · EIN 27-3971757
PEACE THROUGH COMMERCE INC
Tax-exempt · AUSTIN, TX 78746
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $28,470 | $23,107 | $5,363 | $260,936 | $85 | $260,851 |
| December 31, 2023 | 990 | $37,249 | $38,199 | -$950 | $255,604 | $116 | $255,488 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $28,470
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $568
- Professional fundraising fees
- $0
- Depreciation
- $112
- Program services (functional)
- $21,050
- Management and general (functional)
- $2,056
- Fundraising (functional)
- $1
Balance sheet and other
- Total assets, start of year
- $255,604
- Total assets, end of year
- $260,936
- Total liabilities, end of year
- $85
- Net assets, end of year
- $260,851
- Gross receipts
- $28,470
- Employees
- 1
- Volunteers
- 50
- Year formed
- 2010
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Patti Brennan | Treasurer, Bookkeeper Officer | 5 | $561 |
| Michelle Waters | Vice President Trustee or director, Officer | 20 | $350 |
| Philomena Blees | Director, CEO, President Trustee or director, Officer | 60 | $132 |
| Khotan Shahbazi-Harmon | Director Officer | 10 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Philomena Blees | Director, CEO, President Trustee or director, Officer | 60 | $7,245 |
| Michelle Waters | Vice President Trustee or director, Officer | 20 | $6,245 |
| Patti Brennan | Treasurer, Bookkeeper Officer | 5 | $496 |
| Khotan Shahbazi-Harmon | Director Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 1510 FALCON LEDGE DR, AUSTIN, TX 78746-6104
- Mailing address (990-N for 2010)
- 1510 FALCON LEDGE DR, Austin TX 78746
- Principal officer (990 for 2024)
- Philomena Blees, 1510 Falcon Ledge Dr, Austin, TX 78746
- Principal officer (990-N for 2010)
- Philomena Blees, 1510 FALCON LEDGE DR, Austin TX 78746
- Signed the 990
- Patti Brennan, Accountant
- Phone
- (512) 522-0782
- Website
- www.peacethroughcommerce.org
Mission
Peace Through Commerce is a strategic global and educational organization dedicated to creating a world where all people enjoy peace and prosperity. We use our proprietary Matrix of Peace Services for society building, peacebuilding, and problem-solving.
Program accomplishments
- Matrix of Peace Services: education, training and implementation. This framework embodies our peacebuilding technology. It is a multi-sector, whole-systems, consciousness-raising framework for designing and actualizing peaceful societies. We have used it in our co-partnerships with the Norwegian Nobel Institute. We have also used it as our training model with incubators Shakti Leadership and Alumni and Donors Unite. The biggest activity this year has been the continued work on a three-volume treatise on the framework. Volumes 1,2 and 3 cover Matrix theory, model and technology, respectively. The books are slated for publication in Winter 2025-2026. The book has received a foreward by John Mackey, co-founder of Whole Foods Market and Love.Life, and an afterword by Dr. Timothy Fort, 2024 Nobel Peace Prize nominee. Expenses for consulting fees and rent: noncash $191,000. Revenue: Noncash donation $191,000.Expenses $19,250 · revenue $26,670
- Matrix of Peace Professional Consulting and Thought Leadership. Peace Through Commerce was co-nominated with Dr. Timothy Fort under the area of Peace Through Commerce for the 2024 Nobel Peace Prize. It was included for its thought leadership in the fields of society building, peacebuilding, and problem-solving. CEO Philomena Blees consulted with various partners and joint venturers, like Tec de Monterrey, in bringing Matrix of Peace Services to their outreach programs.Expenses $300 · revenue $300
- Matrix of Peace Show: This is Peace Through Commerce's proprietary show produced by public broadcasting nonprofit ThinkTech Hawaii, Inc.. ThinkTech Hawaii, Inc. is dedicated to raising public awareness through civic engagement by citizen journalist hosts and guests on digital media platforms. Peace Through Commerce moved into its second year of the Matrix of Peace Show, completing 10 Matrix of Peace shows with distinguished guests having the following titles: The Matrix of Peace Whole Systems Model, Parts 1 and 2; Business Co-creating Peace in Africa, Parts 1 and 2; Reopening 9-11 Attack Cold Case; Applied Conscious Leadership Practices; Averting Another January 6 Catastrophe; and Terror, Violence and Impulse to Destroy, Parts 1 and 2.Expenses $1,500 · revenue $1,500
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-3971757
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- International, foreign affairs and national security (Q30)
- Assets (IRS master file)
- $260,936
- Income (IRS master file)
- $28,470
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $28,470 | $23,107 | $260,936 | XML |
| 990 | December 2023 | $37,249 | $38,199 | $255,604 | XML |
| 990 | December 2022 | $37,403 | $30,689 | $256,517 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2010 Officer: Philomena Blees | December 31, 2010 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-3971757).
Questions about PEACE THROUGH COMMERCE INC
- What is the EIN of PEACE THROUGH COMMERCE INC?
- The employer identification number (EIN) of PEACE THROUGH COMMERCE INC is 27-3971757.
- Is PEACE THROUGH COMMERCE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to PEACE THROUGH COMMERCE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PEACE THROUGH COMMERCE INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of PEACE THROUGH COMMERCE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PEACE THROUGH COMMERCE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of PEACE THROUGH COMMERCE INC?
- The 990 for the year ended December 31, 2024 names Philomena Blees.
- Who are the officers and directors of PEACE THROUGH COMMERCE INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 3 received compensation from the organization, the highest $561 (Patti Brennan, Treasurer, Bookkeeper).
- How much revenue does PEACE THROUGH COMMERCE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $28,470, expenses of $23,107 and total assets of $260,936 at year end.
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