Pac Development Inc
Pac Development Inc maintains strong asset base and zero liabilities despite highly volatile revenues.
EIN: 205763112 · Kansas City, MO · NTEE: S47 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $177K |
| Total Expenses | $492K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $11 |
| Net Assets | $11.1M |
| Transparency Score | 85/100 |
Is Pac Development Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pac Development Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pac Development Inc
Pac Development Inc (EIN: 205763112) is a nonprofit organization based in Kansas City, MO, classified under NTEE code S47. The organization reported total revenue of $177K and total assets of $11.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pac Development Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pac Development Inc is a small nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $504K |
| Total Expenses | $492K |
| Surplus / Deficit | +$12K |
| Total Assets | $11.1M |
| Net Assets | $11.1M |
| Operating Margin | 2.4% |
| Months of Reserves | 271.0 months |
Financial Health Grade: A
In 2023, Pac Development Inc reported a surplus of $12K with revenue exceeding expenses, holds 271.0 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Pac Development Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -77.6% | +11.0% | +0.1% |
| 2022 | +1421.3% | +214.1% | -13.8% |
| 2021 | -2.5% | -7.7% | +81.1% |
| 2020 | +20.4% | +30.3% | +-0.0% |
| 2019 | -97.6% | +45.0% | +0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Pac Development Inc 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Pac Development Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $12K, with revenue exceeding expenses.
Executive Compensation Analysis
Pac Development Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly unusual for an organization with over $11 million in assets and significant revenue streams.
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 Pac Development Inc's IRS 990 filings:
- Highly volatile revenue streams make financial planning challenging
- Lack of detailed functional expense breakdown limits spending efficiency analysis
Strengths
The following positive indicators were identified for Pac Development Inc:
- Consistently reports zero liabilities, indicating strong financial health and no debt
- Substantial and growing asset base (over $11 million in recent years) provides financial stability
- 0% officer compensation demonstrates highly efficient use of funds at the executive level
- Consistent IRS 990 filing history indicates good transparency and compliance
Frequently Asked Questions about Pac Development Inc
Is Pac Development Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Pac Development Inc (EIN: 205763112) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Pac Development Inc spend its money?
Pac Development Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Pac Development Inc tax-deductible?
Pac Development Inc is registered as a tax-exempt nonprofit (EIN: 205763112). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Pac Development Inc CEO make?
Pac Development Inc's highest-compensated officer earns $11 annually. The organization reported $177K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Pac Development Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Pac Development Inc is above average for NTEE category S47 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Pac Development Inc located?
Pac Development Inc is headquartered in Kansas City, Missouri and files with the IRS under EIN 205763112. It is classified under NTEE code S47.
How many years of IRS 990 filings does Pac Development Inc have?
Pac Development Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $177K in total revenue.
How does Pac Development Inc manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly efficient for a nonprofit of its size.
What causes the extreme fluctuations in Pac Development Inc's annual revenue?
The revenue swings, such as from $12,000 in 2017 to $5.2 million in 2018, suggest that the organization may rely heavily on large, infrequent grants, capital campaigns, or specific project funding rather than consistent, smaller donations.
What is the primary source of Pac Development Inc's substantial asset growth?
Given the significant asset growth from $1.9 million to over $11 million, and the revenue fluctuations, the assets likely stem from a combination of retained earnings from high-revenue years (e.g., 2018, 2022) and potentially investment gains, as liabilities are consistently zero.
Filing History
IRS 990 filing history for Pac Development Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Pac Development Inc's revenue has declined by 11.7%, moving from $571K to $504K. Total assets increased by 467.3% over the same period, from $2.0M to $11.1M. Total functional expenses rose by 1610.3%, from $29K to $492K. In its most recent filing year (2023), Pac Development Inc reported a surplus of $12K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $504K | $492K | $11.1M | $0 | — | — |
| 2022 | $2.2M | $443K | $11.1M | $0 | — | View 990 |
| 2021 | $148K | $141K | $12.9M | $0 | — | View 990 |
| 2020 | $152K | $153K | $7.1M | $0 | — | View 990 |
| 2019 | $126K | $117K | $7.1M | $0 | — | — |
| 2018 | $5.2M | $81K | $7.1M | $0 | — | View 990 |
| 2017 | $12K | $20K | $2.0M | $0 | — | View 990 |
| 2016 | $22K | $15K | $2.0M | $0 | — | View 990 |
| 2015 | $27K | $34K | $2.0M | $0 | — | View 990 |
| 2014 | $52K | $41K | $2.0M | $0 | — | View 990 |
| 2013 | $47K | $46K | $2.0M | $0 | — | View 990 |
| 2012 | $26K | $33K | $2.0M | $0 | — | View 990 |
| 2011 | $37K | $27K | $2.0M | $0 | — | View 990 |
| 2010 | $571K | $29K | $2.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $504K, expenses of $492K, and assets of $11.1M (revenue -77.6% year-over-year).
- 2022: Revenue of $2.2M, expenses of $443K, and assets of $11.1M (revenue +1421.3% year-over-year).
- 2021: Revenue of $148K, expenses of $141K, and assets of $12.9M (revenue -2.5% year-over-year).
- 2020: Revenue of $152K, expenses of $153K, and assets of $7.1M (revenue +20.4% year-over-year).
- 2019: Revenue of $126K, expenses of $117K, and assets of $7.1M (revenue -97.6% year-over-year).
- 2018: Revenue of $5.2M, expenses of $81K, and assets of $7.1M (revenue +43440.4% year-over-year).
- 2017: Revenue of $12K, expenses of $20K, and assets of $2.0M (revenue -45.5% year-over-year).
- 2016: Revenue of $22K, expenses of $15K, and assets of $2.0M (revenue -18.5% year-over-year).
- 2015: Revenue of $27K, expenses of $34K, and assets of $2.0M (revenue -48.1% year-over-year).
- 2014: Revenue of $52K, expenses of $41K, and assets of $2.0M (revenue +10.6% year-over-year).
- 2013: Revenue of $47K, expenses of $46K, and assets of $2.0M (revenue +81.5% year-over-year).
- 2012: Revenue of $26K, expenses of $33K, and assets of $2.0M (revenue -30.3% year-over-year).
- 2011: Revenue of $37K, expenses of $27K, and assets of $2.0M (revenue -93.5% year-over-year).
- 2010: Revenue of $571K, expenses of $29K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pac Development Inc:
Data Sources and Methodology
This transparency report for Pac Development Inc 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.