Pact Global Microfinance Fund
EIN: 455008824 · Washington, DC · NTEE: Q11
Is Pact Global Microfinance Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pact Global Microfinance Fund
Pact Global Microfinance Fund (EIN: 455008824) is a nonprofit organization based in Washington, DC, classified under NTEE code Q11. The organization reported total revenue of $6.2M and total assets of $64.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pact Global Microfinance Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pact Global Microfinance Fund is a mid-size nonprofit that has been operating for 12 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 71.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $37.7M |
| Total Expenses | $121.7M |
| Surplus / Deficit | $-84,000,670 |
| Total Assets | $85.0M |
| Total Liabilities | $70.2M |
| Net Assets | $14.8M |
| Operating Margin | -223.0% |
| Debt-to-Asset Ratio | 82.6% |
| Months of Reserves | 8.4 months |
Financial Health Grade: C
In 2023, Pact Global Microfinance Fund reported a deficit of $84.0M with expenses exceeding revenue, holds 8.4 months of operating reserves (strong position), has a debt-to-asset ratio of 82.6% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Pact Global Microfinance Fund's revenue has grown at a compound annual growth rate (CAGR) of 71.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -47.6% | +20.7% | -62.3% |
| 2022 | -37.3% | -4.9% | -31.9% |
| 2021 | +10.1% | +72.7% | -33.3% |
| 2020 | +44.7% | +27.4% | +64.9% |
| 2019 | +14.5% | +14.6% | +32.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Pact Global Microfinance Fund has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Pact Global Microfinance Fund with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $84.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 82.6%.
Frequently Asked Questions about Pact Global Microfinance Fund
Is Pact Global Microfinance Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Pact Global Microfinance Fund (EIN: 455008824) insufficient data. 0 red flags identified, 0 strengths noted.
How does Pact Global Microfinance Fund spend its money?
Detailed spending breakdown data is not yet available for Pact Global Microfinance Fund. Check back for updated IRS 990 analysis.
Are donations to Pact Global Microfinance Fund tax-deductible?
Pact Global Microfinance Fund is registered as a tax-exempt nonprofit (EIN: 455008824). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Pact Global Microfinance Fund showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Pact Global Microfinance Fund's revenue has grown by 38124.1%, moving from $99K to $37.7M. Total assets increased by 9380.2% over the same period, from $897K to $85.0M. Total functional expenses rose by 61385.7%, from $198K to $121.7M. In its most recent filing year (2023), Pact Global Microfinance Fund reported a deficit of $84.0M, with expenses exceeding revenue. The organization holds $70.2M in liabilities against $85.0M in assets (debt-to-asset ratio: 82.6%), resulting in net assets of $14.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $37.7M | $121.7M | $85.0M | $70.2M | — | View 990 |
| 2022 | $71.9M | $100.8M | $225.3M | $126.5M | — | View 990 |
| 2021 | $114.7M | $106.0M | $331.0M | $203.4M | — | View 990 |
| 2020 | $104.2M | $61.4M | $496.5M | $303.6M | — | View 990 |
| 2019 | $72.0M | $48.2M | $301.1M | $174.3M | — | View 990 |
| 2018 | $62.9M | $42.0M | $226.6M | $124.6M | — | View 990 |
| 2017 | $54.4M | $30.7M | $191.3M | $96.3M | — | View 990 |
| 2016 | $38.8M | $27.1M | $172.2M | $90.2M | — | View 990 |
| 2015 | $29.8M | $44.7M | $123.4M | $57.3M | — | View 990 |
| 2014 | $30.1M | $20.4M | $137.4M | $56.4M | — | View 990 |
| 2013 | $25.0M | $16.5M | $106.5M | $103.1M | — | View 990 |
| 2012 | $99K | $198K | $897K | $996K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $37.7M, expenses of $121.7M, and assets of $85.0M (revenue -47.6% year-over-year).
- 2022: Revenue of $71.9M, expenses of $100.8M, and assets of $225.3M (revenue -37.3% year-over-year).
- 2021: Revenue of $114.7M, expenses of $106.0M, and assets of $331.0M (revenue +10.1% year-over-year).
- 2020: Revenue of $104.2M, expenses of $61.4M, and assets of $496.5M (revenue +44.7% year-over-year).
- 2019: Revenue of $72.0M, expenses of $48.2M, and assets of $301.1M (revenue +14.5% year-over-year).
- 2018: Revenue of $62.9M, expenses of $42.0M, and assets of $226.6M (revenue +15.7% year-over-year).
- 2017: Revenue of $54.4M, expenses of $30.7M, and assets of $191.3M (revenue +40.3% year-over-year).
- 2016: Revenue of $38.8M, expenses of $27.1M, and assets of $172.2M (revenue +30.1% year-over-year).
- 2015: Revenue of $29.8M, expenses of $44.7M, and assets of $123.4M (revenue -1.0% year-over-year).
- 2014: Revenue of $30.1M, expenses of $20.4M, and assets of $137.4M (revenue +20.4% year-over-year).
- 2013: Revenue of $25.0M, expenses of $16.5M, and assets of $106.5M (revenue +25252.2% year-over-year).
- 2012: Revenue of $99K, expenses of $198K, and assets of $897K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pact Global Microfinance Fund:
Data Sources and Methodology
This transparency report for Pact Global Microfinance Fund 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.