Pan Eros Foundation
Pan Eros Foundation shows strong revenue growth and positive operating margins in recent years, with no reported officer compensation.
EIN: 205824097 · Seattle, WA · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $296K |
| Total Expenses | $714K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $700,000. |
| Net Assets | $37K |
| Transparency Score | 85/100 |
Is Pan Eros Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pan Eros Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pan Eros Foundation
Pan Eros Foundation (EIN: 205824097) is a nonprofit organization based in Seattle, WA, classified under NTEE code B99. The organization reported total revenue of $296K and total assets of $110K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pan Eros Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pan Eros Foundation is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $720K |
| Total Expenses | $714K |
| Surplus / Deficit | +$6K |
| Total Assets | $210K |
| Total Liabilities | $173K |
| Net Assets | $37K |
| Operating Margin | 0.8% |
| Debt-to-Asset Ratio | 82.2% |
| Months of Reserves | 3.5 months |
Financial Health Grade: A
In 2023, Pan Eros Foundation reported a surplus of $6K with revenue exceeding expenses, holds 3.5 months of operating reserves (adequate), has a debt-to-asset ratio of 82.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Pan Eros Foundation's revenue has grown at a compound annual growth rate (CAGR) of 8.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.2% | +6.8% | -0.7% |
| 2022 | +328.4% | +166.6% | +67.6% |
| 2021 | -31.9% | -19.9% | -35.0% |
| 2020 | -44.6% | -38.7% | +85.3% |
| 2019 | +32.7% | +47.8% | -28.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Pan Eros Foundation 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: 80%
- fundraising: 10%
According to IRS 990 filings, Pan Eros Foundation allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 82.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all 13 filings, indicating that the organization's officers do not receive salaries, which is highly unusual for an organization with revenues reaching over $700,000.
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 Pan Eros Foundation's IRS 990 filings:
- Significant increase in liabilities over time, reaching $172,956 in 2023, which could indicate reliance on debt or deferred obligations.
- Periods of significant operating deficits (e.g., 2019-2021) suggest past financial instability, though recent trends are positive.
Strengths
The following positive indicators were identified for Pan Eros Foundation:
- Consistent reporting of 0% officer compensation across all filings, indicating strong financial stewardship at the executive level.
- Strong revenue growth and positive operating margins in the most recent two fiscal years (2022 and 2023), demonstrating financial recovery and health.
- Significant growth in assets, from $17,109 in 2015 to $210,297 in 2023, enhancing long-term stability.
- Consistent filing of IRS Form 990s over 13 periods, indicating good transparency and compliance.
Frequently Asked Questions about Pan Eros Foundation
Is Pan Eros Foundation a legitimate charity?
Pan Eros Foundation (EIN: 205824097) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $296K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Pan Eros Foundation spend its money?
Pan Eros Foundation directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Pan Eros Foundation tax-deductible?
Pan Eros Foundation is registered as a tax-exempt nonprofit (EIN: 205824097). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Pan Eros Foundation CEO make?
Pan Eros Foundation's highest-compensated officer earns $700,000. annually. The organization reported $296K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Pan Eros Foundation's spending goes to programs?
Pan Eros Foundation directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Pan Eros Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Pan Eros Foundation is above average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Pan Eros Foundation located?
Pan Eros Foundation is headquartered in Seattle, Washington and files with the IRS under EIN 205824097. It is classified under NTEE code B99.
How many years of IRS 990 filings does Pan Eros Foundation have?
Pan Eros Foundation has 13 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 $296K in total revenue.
Is Pan Eros Foundation a good charity?
Based on the provided financial data, Pan Eros Foundation appears to be a good charity. It has demonstrated strong financial recovery and growth in recent years, with positive operating margins in 2022 and 2023. The consistent reporting of 0% officer compensation is a significant positive indicator of financial stewardship and dedication to its mission.
How has Pan Eros Foundation's financial health changed over time?
Pan Eros Foundation's financial health has fluctuated. It experienced deficits from 2019 to 2021, with expenses exceeding revenue (e.g., $181,156 revenue vs. $250,820 expenses in 2021). However, it has shown significant improvement in 2022 and 2023, achieving surpluses (e.g., $719,945 revenue vs. $714,119 expenses in 2023) and substantial asset growth.
What is the trend in Pan Eros Foundation's assets and liabilities?
Pan Eros Foundation's assets have generally grown over time, from $17,109 in 2015 to $210,297 in 2023, indicating increased financial capacity. Liabilities have also increased, from $1,626 in 2015 to $172,956 in 2023, which should be monitored relative to asset growth.
Filing History
IRS 990 filing history for Pan Eros Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Pan Eros Foundation's revenue has grown by 150.6%, moving from $287K to $720K. Total assets increased by 215.4% over the same period, from $67K to $210K. Total functional expenses rose by 152.7%, from $283K to $714K. In its most recent filing year (2023), Pan Eros Foundation reported a surplus of $6K, with revenue exceeding expenses. The organization holds $173K in liabilities against $210K in assets (debt-to-asset ratio: 82.2%), resulting in net assets of $37K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $720K | $714K | $210K | $173K | — | View 990 |
| 2022 | $776K | $669K | $212K | $180K | — | View 990 |
| 2021 | $181K | $251K | $126K | $202K | — | View 990 |
| 2020 | $266K | $313K | $195K | $203K | — | View 990 |
| 2019 | $480K | $511K | $105K | $64K | — | View 990 |
| 2018 | $362K | $345K | $148K | $40K | — | View 990 |
| 2017 | $315K | $292K | $63K | $7K | — | View 990 |
| 2016 | $205K | $187K | $38K | $5K | — | View 990 |
| 2015 | $297K | $314K | $17K | $2K | — | View 990 |
| 2014 | $274K | $271K | $33K | $487 | — | View 990 |
| 2013 | $210K | $194K | $30K | $143 | — | View 990 |
| 2012 | $315K | $369K | $24K | $11K | — | View 990 |
| 2011 | $287K | $283K | $67K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $720K, expenses of $714K, and assets of $210K (revenue -7.2% year-over-year).
- 2022: Revenue of $776K, expenses of $669K, and assets of $212K (revenue +328.4% year-over-year).
- 2021: Revenue of $181K, expenses of $251K, and assets of $126K (revenue -31.9% year-over-year).
- 2020: Revenue of $266K, expenses of $313K, and assets of $195K (revenue -44.6% year-over-year).
- 2019: Revenue of $480K, expenses of $511K, and assets of $105K (revenue +32.7% year-over-year).
- 2018: Revenue of $362K, expenses of $345K, and assets of $148K (revenue +15.0% year-over-year).
- 2017: Revenue of $315K, expenses of $292K, and assets of $63K (revenue +53.7% year-over-year).
- 2016: Revenue of $205K, expenses of $187K, and assets of $38K (revenue -31.1% year-over-year).
- 2015: Revenue of $297K, expenses of $314K, and assets of $17K (revenue +8.2% year-over-year).
- 2014: Revenue of $274K, expenses of $271K, and assets of $33K (revenue +30.6% year-over-year).
- 2013: Revenue of $210K, expenses of $194K, and assets of $30K (revenue -33.3% year-over-year).
- 2012: Revenue of $315K, expenses of $369K, and assets of $24K (revenue +9.6% year-over-year).
- 2011: Revenue of $287K, expenses of $283K, and assets of $67K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pan Eros Foundation:
Data Sources and Methodology
This transparency report for Pan Eros Foundation 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.