Pangea Cares Foundation
Pangea Cares Foundation maintains stable assets and no executive compensation despite fluctuating revenue.
EIN: 208916393 · Chicago, IL · NTEE: L25 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $226K |
| Total Expenses | $209K |
| Program Spending | 80% |
| Net Assets | $996K |
| Transparency Score | 85/100 |
Is Pangea Cares Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pangea Cares Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pangea Cares Foundation
Pangea Cares Foundation (EIN: 208916393) is a nonprofit organization based in Chicago, IL, classified under NTEE code L25. The organization reported total revenue of $226K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pangea Cares Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pangea Cares Foundation is a small nonprofit that has been operating for 12 years, with 13 years of IRS 990 filings on record (2007–2023). Revenue has grown at a compound annual rate of 116.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $226K |
| Total Expenses | $209K |
| Surplus / Deficit | +$17K |
| Total Assets | $1.6M |
| Total Liabilities | $629K |
| Net Assets | $996K |
| Operating Margin | 7.6% |
| Debt-to-Asset Ratio | 38.7% |
| Months of Reserves | 93.4 months |
Financial Health Grade: A
In 2023, Pangea Cares Foundation reported a surplus of $17K with revenue exceeding expenses, holds 93.4 months of operating reserves (strong position), has a debt-to-asset ratio of 38.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2007–2023), Pangea Cares Foundation's revenue has grown at a compound annual growth rate (CAGR) of 116.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -59.7% | +1.7% | +0.8% |
| 2022 | +67.7% | -1.8% | +27.7% |
| 2021 | +93.8% | +2.9% | +9.4% |
| 2020 | -6.1% | -2.5% | -2.6% |
| 2019 | +3262.5% | +351.6% | +10.4% |
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 Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Pangea Cares 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Pangea Cares Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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 $17K, with revenue exceeding expenses.
- Debt-to-asset ratio: 38.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly favorable for resource allocation to its mission.
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 Pangea Cares Foundation's IRS 990 filings:
- Significant year-over-year revenue fluctuation (e.g., $560,653 in 2022 to $225,884 in 2023)
- Expenses ($208,767 in 2023) nearly matching or exceeding revenue in some periods, indicating reliance on prior surpluses or asset drawdowns.
Strengths
The following positive indicators were identified for Pangea Cares Foundation:
- Consistent 0% officer compensation, indicating strong resource allocation to mission.
- Steady growth in assets over the long term, reaching $1,625,464 in 2023.
- Long filing history (13 filings) demonstrating consistent reporting.
Frequently Asked Questions about Pangea Cares Foundation
Is Pangea Cares Foundation a legitimate charity?
Pangea Cares Foundation (EIN: 208916393) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $226K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Pangea Cares Foundation spend its money?
Pangea Cares Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Pangea Cares Foundation tax-deductible?
Pangea Cares Foundation is registered as a tax-exempt nonprofit (EIN: 208916393). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Pangea Cares Foundation's spending goes to programs?
Pangea Cares Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Pangea Cares Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Pangea Cares Foundation is above average for NTEE category L25 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Pangea Cares Foundation located?
Pangea Cares Foundation is headquartered in Chicago, Illinois and files with the IRS under EIN 208916393. It is classified under NTEE code L25.
How many years of IRS 990 filings does Pangea Cares Foundation have?
Pangea Cares 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 $226K in total revenue.
Is Pangea Cares Foundation a good charity?
Based on the available data, Pangea Cares Foundation appears to be a good charity, particularly due to its consistent reporting of 0% officer compensation, indicating a strong commitment to directing resources to its mission. Its assets have grown steadily, reaching over $1.6 million in 2023. However, a more detailed breakdown of program spending versus administrative and fundraising costs would provide a clearer picture of its operational efficiency.
How has Pangea Cares Foundation's revenue trended recently?
Pangea Cares Foundation's revenue has shown significant fluctuation in recent years. It peaked at $560,653 in 2022 but then dropped to $225,884 in 2023. Prior to that, it was $334,407 in 2021 and $172,579 in 2020.
What is the organization's financial stability?
The organization demonstrates good financial stability in terms of assets, which have consistently grown, reaching $1,625,464 in 2023. However, the recent sharp decline in revenue from $560,653 in 2022 to $225,884 in 2023, while expenses remained stable around $200,000, suggests a potential vulnerability if this revenue trend continues without corresponding expense adjustments.
Filing History
IRS 990 filing history for Pangea Cares Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2007–2023), Pangea Cares Foundation's revenue has grown by 22588300%, moving from $1 to $226K. Total assets increased by 162546300% over the same period, from $1 to $1.6M. In its most recent filing year (2023), Pangea Cares Foundation reported a surplus of $17K, with revenue exceeding expenses. The organization holds $629K in liabilities against $1.6M in assets (debt-to-asset ratio: 38.7%), resulting in net assets of $996K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $226K | $209K | $1.6M | $629K | — | — |
| 2022 | $561K | $205K | $1.6M | $634K | — | View 990 |
| 2021 | $334K | $209K | $1.3M | $640K | — | View 990 |
| 2020 | $173K | $203K | $1.2M | $657K | — | View 990 |
| 2019 | $184K | $208K | $1.2M | $658K | — | View 990 |
| 2015 | $5K | $46K | $1.1M | $658K | — | View 990 |
| 2014 | $25K | $41K | $614K | $156K | — | View 990 |
| 2013 | $25K | $42K | $474K | $0 | — | View 990 |
| 2011 | $1 | $0 | $1 | $0 | — | View 990 |
| 2010 | $1 | $0 | $1 | $0 | — | View 990 |
| 2009 | $1 | $0 | $1 | $0 | — | View 990 |
| 2008 | $1 | $0 | $1 | $0 | — | View 990 |
| 2007 | $1 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $226K, expenses of $209K, and assets of $1.6M (revenue -59.7% year-over-year).
- 2022: Revenue of $561K, expenses of $205K, and assets of $1.6M (revenue +67.7% year-over-year).
- 2021: Revenue of $334K, expenses of $209K, and assets of $1.3M (revenue +93.8% year-over-year).
- 2020: Revenue of $173K, expenses of $203K, and assets of $1.2M (revenue -6.1% year-over-year).
- 2019: Revenue of $184K, expenses of $208K, and assets of $1.2M (revenue +3262.5% year-over-year).
- 2015: Revenue of $5K, expenses of $46K, and assets of $1.1M (revenue -78.1% year-over-year).
- 2014: Revenue of $25K, expenses of $41K, and assets of $614K (revenue +0.0% year-over-year).
- 2013: Revenue of $25K, expenses of $42K, and assets of $474K (revenue +2499900.0% year-over-year).
- 2011: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2010: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2009: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2008: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2007: Revenue of $1, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pangea Cares Foundation:
Data Sources and Methodology
This transparency report for Pangea Cares 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.