Pact Inc
Pact Inc maintains strong financial growth and asset accumulation, with an unusual 0% reported officer compensation.
EIN: 132702768 · Washington, DC · NTEE: Q300 · Updated: 2026-03-28
Is Pact Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pact Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pact Inc
Pact Inc (EIN: 132702768) is a nonprofit organization based in Washington, DC, classified under NTEE code Q300. The organization reported total revenue of $182.4M and total assets of $73.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pact Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pact Inc is a major nonprofit that has been operating for 55 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $156.3M |
| Total Expenses | $154.1M |
| Surplus / Deficit | +$2.2M |
| Total Assets | $66.7M |
| Total Liabilities | $55.2M |
| Net Assets | $11.5M |
| Operating Margin | 1.4% |
| Debt-to-Asset Ratio | 82.8% |
| Months of Reserves | 5.2 months |
Financial Health Grade: A
In 2023, Pact Inc reported a surplus of $2.2M with revenue exceeding expenses, holds 5.2 months of operating reserves (adequate), has a debt-to-asset ratio of 82.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Pact Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.6% | -3.9% | +58.8% |
| 2022 | -7.9% | -5.4% | -27.4% |
| 2021 | +30.9% | +31.9% | +35.0% |
| 2020 | +7.6% | +4.5% | +39.4% |
| 2019 | -0.5% | +1.6% | +18.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1971 |
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 Pact Inc with a Mission Score of 75 out of 100 (Good). 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, Pact Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 82.8%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings for an organization with revenues exceeding $100 million annually is highly unusual and suggests that executive compensation may be reported in a manner that is not immediately transparent on the 990, or that executives are compensated through other means not captured in this field. This lack of reported compensation for key officers for an organization of this size (latest revenue $182,411,086) is a significant transparency concern.
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 Pact Inc's IRS 990 filings:
- Consistent 0% reported officer compensation for a large organization, raising transparency concerns.
- Lack of detailed functional expense breakdown in summary data, hindering full spending efficiency analysis.
Strengths
The following positive indicators were identified for Pact Inc:
- Consistent revenue generation exceeding expenses, indicating financial stability (e.g., 2023: Revenue $156M, Expenses $154M).
- Significant growth in assets over the past decade, demonstrating strong financial management and reserve building (from $21M in 2014 to $66M in 2023).
- Large scale of operations with over $100 million in annual revenue, suggesting significant programmatic reach and impact.
Frequently Asked Questions about Pact Inc
Is Pact Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Pact Inc (EIN: 132702768) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Pact Inc spend its money?
Pact Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Pact Inc tax-deductible?
Pact Inc is registered as a tax-exempt nonprofit (EIN: 132702768). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How are executive officers at Pact Inc compensated, given the 0% reported compensation on all 990 filings?
The consistent reporting of 0% officer compensation on all 990 filings for an organization of Pact Inc's size (latest revenue $182,411,086) is highly unusual and suggests that compensation for key officers may be reported under different categories, paid by a related entity, or structured in a way that is not captured in the 'Officer Comp' field. This warrants further investigation into the full 990 forms for detailed compensation schedules.
What is the specific breakdown of program, administrative, and fundraising expenses for Pact Inc?
The provided summary data does not offer a detailed breakdown of program, administrative, and fundraising expenses. To assess spending efficiency accurately, it would be necessary to review the full IRS Form 990, Part IX, Statement of Functional Expenses, for the most recent fiscal year.
What is the reason for the significant increase in assets from $41,999,550 in 2022 to $66,694,066 in 2023?
Pact Inc experienced a substantial increase in assets, from $41,999,550 in 2022 to $66,694,066 in 2023. This growth could be due to various factors such as increased net income, successful investment strategies, or significant capital acquisitions. A detailed review of the organization's balance sheet and statement of cash flows would provide more insight.
Filing History
IRS 990 filing history for Pact Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Pact Inc's revenue has declined by 18.1%, moving from $190.8M to $156.3M. Total assets increased by 45.1% over the same period, from $46.0M to $66.7M. Total functional expenses fell by 19.2%, from $190.7M to $154.1M. In its most recent filing year (2023), Pact Inc reported a surplus of $2.2M, with revenue exceeding expenses. The organization holds $55.2M in liabilities against $66.7M in assets (debt-to-asset ratio: 82.8%), resulting in net assets of $11.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $156.3M | $154.1M | $66.7M | $55.2M | — | — |
| 2022 | $160.6M | $160.3M | $42.0M | $30.9M | — | View 990 |
| 2021 | $174.3M | $169.5M | $57.8M | $40.7M | — | View 990 |
| 2020 | $133.1M | $128.5M | $42.8M | $30.8M | — | — |
| 2019 | $123.7M | $122.9M | $30.7M | $23.4M | — | View 990 |
| 2018 | $124.3M | $121.0M | $25.9M | $18.4M | — | View 990 |
| 2017 | $116.1M | $116.3M | $21.9M | $17.6M | — | View 990 |
| 2016 | $102.1M | $100.3M | $21.9M | $17.7M | — | View 990 |
| 2015 | $98.6M | $99.0M | $21.4M | $19.1M | — | View 990 |
| 2014 | $109.0M | $109.6M | $25.7M | $22.8M | — | View 990 |
| 2013 | $145.6M | $146.0M | $47.8M | $44.5M | — | View 990 |
| 2012 | $180.9M | $180.9M | $35.6M | $32.2M | — | View 990 |
| 2011 | $190.8M | $190.7M | $46.0M | $42.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $156.3M, expenses of $154.1M, and assets of $66.7M (revenue -2.6% year-over-year).
- 2022: Revenue of $160.6M, expenses of $160.3M, and assets of $42.0M (revenue -7.9% year-over-year).
- 2021: Revenue of $174.3M, expenses of $169.5M, and assets of $57.8M (revenue +30.9% year-over-year).
- 2020: Revenue of $133.1M, expenses of $128.5M, and assets of $42.8M (revenue +7.6% year-over-year).
- 2019: Revenue of $123.7M, expenses of $122.9M, and assets of $30.7M (revenue -0.5% year-over-year).
- 2018: Revenue of $124.3M, expenses of $121.0M, and assets of $25.9M (revenue +7.1% year-over-year).
- 2017: Revenue of $116.1M, expenses of $116.3M, and assets of $21.9M (revenue +13.7% year-over-year).
- 2016: Revenue of $102.1M, expenses of $100.3M, and assets of $21.9M (revenue +3.5% year-over-year).
- 2015: Revenue of $98.6M, expenses of $99.0M, and assets of $21.4M (revenue -9.5% year-over-year).
- 2014: Revenue of $109.0M, expenses of $109.6M, and assets of $25.7M (revenue -25.1% year-over-year).
- 2013: Revenue of $145.6M, expenses of $146.0M, and assets of $47.8M (revenue -19.5% year-over-year).
- 2012: Revenue of $180.9M, expenses of $180.9M, and assets of $35.6M (revenue -5.2% year-over-year).
- 2011: Revenue of $190.8M, expenses of $190.7M, and assets of $46.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pact Inc:
Data Sources and Methodology
This transparency report for Pact 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.