James P Pace Family Foundation

James P Pace Family Foundation maintains stable assets with fluctuating revenue and no officer compensation.

EIN: 202061425 · Mission Hills, KS · NTEE: T20 · Updated: 2026-03-28

$215KRevenue

$1.5MAssets

85/100Mission Score (Excellent)

T20

About James P Pace Family Foundation

James P Pace Family Foundation (EIN: 202061425) is a nonprofit organization based in Mission Hills, KS, classified under NTEE code T20. The organization reported total revenue of $215K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of James P Pace Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The James P Pace Family Foundation operates as a private foundation, as indicated by its consistent revenue and expense patterns, and the NTEE code T20 (Private Grantmaking Foundations). Over the past decade, the foundation has maintained a stable asset base, growing from approximately $1.04 million in 2011 to $1.45 million in 2023. Its revenue streams fluctuate significantly year-to-year, ranging from a low of $15,578 in 2020 to a high of $130,649 in 2021, suggesting reliance on investment income or specific contributions rather than broad public support. 

The foundation consistently reports zero officer compensation across all available filings, which is a strong indicator of efficient use of funds and a commitment to directing resources towards its mission, likely through grants. However, without detailed breakdowns of expenses beyond total expenses, it's challenging to fully assess spending efficiency between program services, administration, and fundraising. Given its nature as a private foundation, fundraising expenses are typically minimal or non-existent, and administrative costs would primarily relate to grantmaking operations and compliance. 

Transparency is generally good through its consistent IRS 990 filings. The consistent reporting of minimal liabilities ($1 in recent years) also suggests sound financial management. The primary area for further transparency would be a more detailed breakdown of its grantmaking activities and administrative overhead if available beyond the standard 990 summary.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates James P Pace Family Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 85%
fundraising: 0%

According to IRS 990 filings, James P Pace Family Foundation allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through other means not reported as officer compensation, which is highly efficient for a foundation of its size.

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 James P Pace Family Foundation's IRS 990 filings:

Fluctuating annual revenues make long-term financial planning less predictable.

Strengths

The following positive indicators were identified for James P Pace Family Foundation:

Consistent zero officer compensation, indicating efficient use of funds.
Stable and growing asset base, increasing from $1.04 million in 2011 to $1.45 million in 2023.
Low liabilities ($1 in recent years) indicating sound financial management.
Consistent IRS 990 filing history demonstrates transparency.

Frequently Asked Questions about James P Pace Family Foundation

What is the primary purpose of the James P Pace Family Foundation?

As a private grantmaking foundation (NTEE T20), its primary purpose is typically to make grants to other organizations or individuals to support charitable, educational, religious, or other exempt purposes.

How does the foundation's asset growth compare to its revenue?

The foundation's assets have grown steadily from $1.04 million in 2011 to $1.45 million in 2023, despite highly fluctuating annual revenues, suggesting effective investment management or significant initial endowments.

Does the foundation rely on public donations?

Given its classification as a private foundation and the nature of its revenue fluctuations, it is unlikely to rely heavily on broad public donations. Its income is more likely derived from investment returns or contributions from a limited number of sources.

Filing History

IRS 990 filing history for James P Pace Family Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), James P Pace Family Foundation's revenue has declined by 17.9%, moving from $82K to $67K. Total assets increased by 39.5% over the same period, from $1.0M to $1.5M. Total functional expenses rose by 50.3%, from $64K to $95K. In its most recent filing year (2023), James P Pace Family Foundation reported a deficit of $28K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.5M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$67K	$95K	$1.5M	$1	—	View 990
2022	$22K	$104K	$1.5M	$1	—	View 990
2021	$131K	$76K	$1.5M	$1	—	View 990
2020	$16K	$81K	$1.4M	$1	—	View 990
2019	$104K	$82K	$1.5M	$0	—	View 990
2015	$51K	$81K	$1.0M	$0	—	View 990
2014	$64K	$78K	$1.1M	$58K	—	View 990
2013	$77K	$73K	$1.1M	$0	—	View 990
2012	$86K	$69K	$1.1M	$0	—	View 990
2011	$82K	$64K	$1.0M	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $67K, expenses of $95K, and assets of $1.5M (revenue +207.1% year-over-year).
2022: Revenue of $22K, expenses of $104K, and assets of $1.5M (revenue -83.3% year-over-year).
2021: Revenue of $131K, expenses of $76K, and assets of $1.5M (revenue +738.7% year-over-year).
2020: Revenue of $16K, expenses of $81K, and assets of $1.4M (revenue -85.1% year-over-year).
2019: Revenue of $104K, expenses of $82K, and assets of $1.5M (revenue +105.5% year-over-year).
2015: Revenue of $51K, expenses of $81K, and assets of $1.0M (revenue -20.0% year-over-year).
2014: Revenue of $64K, expenses of $78K, and assets of $1.1M (revenue -16.9% year-over-year).
2013: Revenue of $77K, expenses of $73K, and assets of $1.1M (revenue -11.3% year-over-year).
2012: Revenue of $86K, expenses of $69K, and assets of $1.1M (revenue +5.7% year-over-year).
2011: Revenue of $82K, expenses of $64K, and assets of $1.0M.

Data Sources and Methodology

This transparency report for James P Pace Family Foundation 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.