Pac2 Center
Pac2 Center consistently operates near break-even with growing assets and no reported officer compensation.
EIN: 20667621 · Hastings, NE · NTEE: P33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $706K |
| Total Expenses | $679K |
| Program Spending | 85% |
| Net Assets | $405K |
| Transparency Score | 85/100 |
Is Pac2 Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pac2 Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pac2 Center
Pac2 Center (EIN: 20667621) is a nonprofit organization based in Hastings, NE, classified under NTEE code P33. The organization reported total revenue of $706K and total assets of $434K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pac2 Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pac2 Center is a small nonprofit that has been operating for 15 years, with 9 years of IRS 990 filings on record (2012–2020). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $706K |
| Total Expenses | $679K |
| Surplus / Deficit | +$27K |
| Total Assets | $434K |
| Total Liabilities | $29K |
| Net Assets | $405K |
| Operating Margin | 3.8% |
| Debt-to-Asset Ratio | 6.8% |
| Months of Reserves | 7.7 months |
Financial Health Grade: A
In 2020, Pac2 Center reported a surplus of $27K with revenue exceeding expenses, holds 7.7 months of operating reserves (strong position), has a debt-to-asset ratio of 6.8% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2020), Pac2 Center's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +2.2% | -1.8% | +9.1% |
| 2019 | -11.1% | +0.6% | +2.4% |
| 2018 | +10.3% | -1.0% | +30.1% |
| 2017 | +7.1% | +0.8% | +4.3% |
| 2016 | -1.8% | +1.3% | -12.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
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 Pac2 Center 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: 85%
- fundraising: 5%
According to IRS 990 filings, Pac2 Center allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $27K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.8%.
Executive Compensation Analysis
Pac2 Center consistently reports 0% officer compensation across all nine filings, suggesting a volunteer-led executive team or compensation below IRS reporting thresholds, which significantly reduces administrative overhead.
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 Pac2 Center's IRS 990 filings:
- Lack of detailed program vs. administrative spending breakdown in provided data prevents precise efficiency calculation.
Strengths
The following positive indicators were identified for Pac2 Center:
- Consistent financial reporting with 9 years of IRS 990 filings.
- Steady asset growth from $160,221 in 2012 to $433,801 in 2020.
- Consistent near break-even operations, indicating responsible financial management.
- No reported officer compensation, suggesting low administrative overhead.
- Low liabilities relative to assets, indicating a strong balance sheet (e.g., $29,284 liabilities vs. $433,801 assets in 2020).
Frequently Asked Questions about Pac2 Center
Is Pac2 Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Pac2 Center (EIN: 20667621) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Pac2 Center spend its money?
Pac2 Center directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Pac2 Center tax-deductible?
Pac2 Center is registered as a tax-exempt nonprofit (EIN: 20667621). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Pac2 Center's spending goes to programs?
Pac2 Center directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Pac2 Center compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Pac2 Center is above average for NTEE category P33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Pac2 Center located?
Pac2 Center is headquartered in Hastings, Nebraska and files with the IRS under EIN 20667621. It is classified under NTEE code P33.
How many years of IRS 990 filings does Pac2 Center have?
Pac2 Center has 9 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 $706K in total revenue.
Is Pac2 Center financially stable?
Yes, Pac2 Center appears financially stable, consistently operating near break-even with revenues generally covering expenses, and a healthy growth in assets from $160,221 in 2012 to $433,801 in 2020.
How does Pac2 Center manage executive compensation?
Pac2 Center has reported 0% officer compensation in all available IRS 990 filings, indicating that its executive leadership may be entirely volunteer-based or compensated below reporting thresholds.
Has Pac2 Center's financial health improved over time?
Yes, the organization's assets have steadily increased from $160,221 in 2012 to $433,801 in 2020, while liabilities have remained relatively low, suggesting improved financial health and accumulation of reserves.
Filing History
IRS 990 filing history for Pac2 Center showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2020), Pac2 Center's revenue has grown by 20%, moving from $588K to $706K. Total assets increased by 170.8% over the same period, from $160K to $434K. Total functional expenses rose by 24.3%, from $546K to $679K. In its most recent filing year (2020), Pac2 Center reported a surplus of $27K, with revenue exceeding expenses. The organization holds $29K in liabilities against $434K in assets (debt-to-asset ratio: 6.8%), resulting in net assets of $405K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $706K | $679K | $434K | $29K | — | View 990 |
| 2019 | $691K | $692K | $398K | $20K | — | View 990 |
| 2018 | $777K | $688K | $388K | $10K | — | View 990 |
| 2017 | $704K | $695K | $298K | $9K | — | View 990 |
| 2016 | $658K | $690K | $286K | $6K | — | View 990 |
| 2015 | $670K | $681K | $327K | $15K | — | View 990 |
| 2014 | $663K | $600K | $335K | $11K | — | View 990 |
| 2013 | $635K | $532K | $263K | $3K | — | View 990 |
| 2012 | $588K | $546K | $160K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $706K, expenses of $679K, and assets of $434K (revenue +2.2% year-over-year).
- 2019: Revenue of $691K, expenses of $692K, and assets of $398K (revenue -11.1% year-over-year).
- 2018: Revenue of $777K, expenses of $688K, and assets of $388K (revenue +10.3% year-over-year).
- 2017: Revenue of $704K, expenses of $695K, and assets of $298K (revenue +7.1% year-over-year).
- 2016: Revenue of $658K, expenses of $690K, and assets of $286K (revenue -1.8% year-over-year).
- 2015: Revenue of $670K, expenses of $681K, and assets of $327K (revenue +0.9% year-over-year).
- 2014: Revenue of $663K, expenses of $600K, and assets of $335K (revenue +4.5% year-over-year).
- 2013: Revenue of $635K, expenses of $532K, and assets of $263K (revenue +7.9% year-over-year).
- 2012: Revenue of $588K, expenses of $546K, and assets of $160K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pac2 Center:
Data Sources and Methodology
This transparency report for Pac2 Center 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.