Totals
- Total revenue
- $1,051,572
- Total expenses
- $1,251,350
- Contributions and grants received
- $1,051,545
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $27
- Other revenue
- $0
- Total assets, end of year
- $14,944,849
- Total liabilities, end of year
- $1,076,054
- Net assets or fund balances, end of year
- $13,868,795
- Program services expenses (Part IX)
- $1,055,028
- Management and general expenses
- $196,322
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,055,028
Program services were 84.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$1,051,545
-
1g · Noncash contributions included above
$0
-
3 · Investment income
total $27 · related or exempt $0 · unrelated business $0 · excluded $27
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $2,400 · program services $1,600 · management and general $800
-
7 · Other salaries and wages
total $103,339 · program services $103,339
-
9 · Other employee benefits
total $5,269 · program services $5,181 · management and general $88
-
10 · Payroll taxes
total $8,173 · program services $8,112 · management and general $61
-
13 · Office expenses
total $2,261 · management and general $2,261
-
14 · Information technology
total $8,160 · management and general $8,160
-
17 · Travel
total $8,043 · program services $8,043
-
20 · Interest
total $38,930 · management and general $38,930
-
22 · Depreciation, depletion and amortization
total $478,184 · program services $478,184
-
23 · Insurance
total $46,162 · management and general $46,162
-
24a · Other expenses: Food & Housing Expenses
total $445,646 · program services $445,646 · management and general $0 · fundraising $0
-
24b · Other expenses: Property/Ambulance tax
total $99,112 · program services $0 · management and general $99,112 · fundraising $0
-
24c · Other expenses: Course Expenses
total $4,923 · program services $4,923 · management and general $0 · fundraising $0
-
24d · Other expenses: Gov's Permits & Fees
total $748 · program services $0 · management and general $748 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $17,106 · end of year $13,138
-
2 · Savings and temporary cash investments
beginning of year $15,880 · end of year $6,244
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $0 · end of year $0
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $37,074 · end of year $5,659
-
10a · Land, buildings and equipment: cost or other basis
$18,570,053
-
10b · Land, buildings and equipment: accumulated depreciation
$4,900,245
-
10c · Land, buildings and equipment, net
beginning of year $13,914,182 · end of year $13,669,808
-
11 · Investments: publicly traded securities
beginning of year $0 · end of year $0
-
12 · Investments: other securities
beginning of year $0 · end of year $0
-
13 · Investments: program-related
beginning of year $1,250,000 · end of year $1,250,000
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $159,169 · end of year $69,554
-
23 · Secured mortgages and notes payable
beginning of year $1,004,000 · end of year $1,004,000
-
24 · Unsecured notes and loans payable
beginning of year $2,500 · end of year $2,500
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $14,068,573 · end of year $13,868,795
Mission and programs · 2022
Mission
The Global Capital of World Peace, Inc (GCWPI) is organized to provide programs that help establish world peace. GCWPI will do this primarily by supporting the building and operating of residential meditation facilities to house and sustain "world peace professionals" to engage in the daily practice of Maharishi Vedic Science and Technology programs.
Activities or mission (Part I)
GCWPI is organized to provide programs that help establish world peace. GCWPI will do this primarily by supporting the building and operating of residential meditation facilities to house and sustain "world peace professionals" to engage in daily practice of Maharishi Vedic Science and Technology programs.
-
GCWPI provided housing and food services for 77 full-time World Peace professionals to sustain the daily group practice of Maharishi Vedic Science and Technology programs. GCWPI also provided housing and food services for 105 temporary visiting World Peace professionals to sustain the daily group practice of Maharishi Vedic Science and Technology programs and Maharishi Vedic Science education programs.
Expenses $1,055,028
As filed on the 2022 return.
Listed in Part VII
-
William Crosson
Treasurer
- Total calculated
- $4,800
- From this org
- $2,400
- From related orgs
- $0
- Other
- $2,400
- Hours/week
- 40
-
Bevan Morris
Director
- Total calculated
- $0
- Hours/week
- 0.25
-
Howard Chandler
Director
- Total calculated
- $0
- Hours/week
- 2
-
Rafael David
Director
- Total calculated
- $0
- Hours/week
- 0.25
-
John Black
Director
- Total calculated
- $0
- Hours/week
- 0.25
-
Robert LoPinto
President
- Total calculated
- $0
- Hours/week
- 0.25
-
Ravinder Patel
Director
- Total calculated
- $0
- Hours/week
- 0.25
-
Bernard Nevas
Director
- Total calculated
- $0
- Hours/week
- 0.25
-
Leonard Goldman
Secretary
- Total calculated
- $0
- Hours/week
- 0.25
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 1 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202312759349300206
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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