Pak7 Us Inc
EIN: 824492907 · Greenville, SC · NTEE: X83
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $1.4M |
| Net Assets | $138K |
Is Pak7 Us Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pak7 Us Inc
Pak7 Us Inc (EIN: 824492907) is a nonprofit organization based in Greenville, SC, classified under NTEE code X83. The organization reported total revenue of $1.6M and total assets of $319K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pak7 Us Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pak7 Us Inc is a mid-size nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 35.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-92,891 |
| Total Assets | $216K |
| Total Liabilities | $79K |
| Net Assets | $138K |
| Operating Margin | -7.0% |
| Debt-to-Asset Ratio | 36.4% |
| Months of Reserves | 1.8 months |
Financial Health Grade: C
In 2023, Pak7 Us Inc reported a deficit of $93K with expenses exceeding revenue, holds 1.8 months of operating reserves (limited), has a debt-to-asset ratio of 36.4% (moderate leverage).
Financial Trends
Over 5 years of filings (2019–2023), Pak7 Us Inc's revenue has grown at a compound annual growth rate (CAGR) of 35.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.2% | +8.0% | -9.3% |
| 2022 | +66.8% | +47.6% | +77.9% |
| 2021 | +56.1% | +72.8% | -40.6% |
| 2020 | +42.9% | -2.2% | +160.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2700 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Pak7 Us Inc 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 Pak7 Us Inc 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 $93K, with expenses exceeding revenue.
- Debt-to-asset ratio: 36.4%.
Frequently Asked Questions about Pak7 Us Inc
Is Pak7 Us Inc a legitimate charity?
Pak7 Us Inc (EIN: 824492907) is a registered tax-exempt nonprofit based in South Carolina. It has 5 years of IRS 990 filings on record. Total revenue: $1.6M. No red flags identified. Financial health grade: C.
How does Pak7 Us Inc spend its money?
Pak7 Us Inc reported $1.6M in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Pak7 Us Inc tax-deductible?
Pak7 Us Inc is registered as a tax-exempt nonprofit (EIN: 824492907). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pak7 Us Inc located?
Pak7 Us Inc is headquartered in Greenville, South Carolina and files with the IRS under EIN 824492907. It is classified under NTEE code X83.
How many years of IRS 990 filings does Pak7 Us Inc have?
Pak7 Us Inc has 5 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 $1.6M in total revenue.
Filing History
IRS 990 filing history for Pak7 Us Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Pak7 Us Inc's revenue has grown by 234.2%, moving from $398K to $1.3M. Total assets increased by 149.9% over the same period, from $87K to $216K. Total functional expenses rose by 169.5%, from $527K to $1.4M. In its most recent filing year (2023), Pak7 Us Inc reported a deficit of $93K, with expenses exceeding revenue. The organization holds $79K in liabilities against $216K in assets (debt-to-asset ratio: 36.4%), resulting in net assets of $138K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.4M | $216K | $79K | — | — |
| 2022 | $1.5M | $1.3M | $238K | $9K | — | — |
| 2021 | $887K | $891K | $134K | $68K | — | View 990 |
| 2020 | $568K | $516K | $226K | $156K | — | — |
| 2019 | $398K | $527K | $87K | $135K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.4M, and assets of $216K (revenue -10.2% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.3M, and assets of $238K (revenue +66.8% year-over-year).
- 2021: Revenue of $887K, expenses of $891K, and assets of $134K (revenue +56.1% year-over-year).
- 2020: Revenue of $568K, expenses of $516K, and assets of $226K (revenue +42.9% year-over-year).
- 2019: Revenue of $398K, expenses of $527K, and assets of $87K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pak7 Us Inc:
Data Sources and Methodology
This transparency report for Pak7 Us 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.