Panther Family Foundation

Panther Family Foundation faces declining revenue and assets, frequently spending more than it earns.

EIN: 203632698 · Sunset, SC · NTEE: T22 · Updated: 2026-03-28

$11KRevenue

$230KAssets

55/100Mission Score (Fair)

T22

About Panther Family Foundation

Panther Family Foundation (EIN: 203632698) is a nonprofit organization based in Sunset, SC, classified under NTEE code T22. The organization reported total revenue of $11K and total assets of $230K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Panther Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Panther Family Foundation exhibits a concerning trend of declining revenue and assets over the past decade, with its latest reported revenue at $11,484 and assets at $230,136, down significantly from $65,127 revenue and $482,645 assets in 2011. The organization frequently spends more than it earns, as seen in 2023 ($7,395 expenses vs. $6,590 revenue) and 2022 ($19,001 expenses vs. $10,916 revenue). While the foundation reports 0% officer compensation, which is a positive for transparency and efficiency, the overall financial trajectory suggests sustainability challenges. The consistent reporting of $1 in liabilities across all filings is unusual and warrants further scrutiny regarding financial reporting practices.

The foundation's financial health appears to be deteriorating, with a substantial reduction in its asset base from nearly half a million dollars to just over $230,000. The NTEE code T22 (Private Grantmaking Foundations) suggests its primary activity is grantmaking, but without detailed expense breakdowns, it's difficult to assess spending efficiency beyond the revenue-expense imbalance. The lack of officer compensation is a strong point for transparency, but the overall financial picture indicates a need for strategic adjustments to reverse the downward trends in revenue and assets to ensure long-term viability and impact.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Panther Family Foundation with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 20%
programs: 70%
fundraising: 10%

According to IRS 990 filings, Panther Family Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

Executive compensation is reported as 0% across all filings, indicating that no officers or directors are paid, which is highly favorable for a small foundation of this size.

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 Panther Family Foundation's IRS 990 filings:

Consistent decline in assets over the past decade, from $482,645 in 2011 to $230,136 currently.
Frequent instances of expenses exceeding revenue, indicating potential financial unsustainability (e.g., 2023: $7,395 expenses vs. $6,590 revenue; 2022: $19,001 expenses vs. $10,916 revenue).
Unusual and consistent reporting of $1 in liabilities across all ten IRS 990 filings.
Significant drop in revenue from a high of $65,127 in 2011 to $11,484 currently.

Strengths

The following positive indicators were identified for Panther Family Foundation:

0% officer compensation reported across all filings, indicating efficient use of funds for leadership.
Long filing history (10 filings) demonstrates consistent compliance with IRS reporting requirements.

Frequently Asked Questions about Panther Family Foundation

Why have the foundation's assets decreased by over 50% since 2011?

The foundation's assets have steadily declined from $482,645 in 2011 to $230,136 currently, a reduction of over 50%. This trend is likely due to expenses frequently exceeding revenue, as seen in multiple years, drawing down the asset base.

What is the reason for the consistent $1 liability reported across all filings?

The consistent reporting of $1 in liabilities across all ten filings is highly unusual for any organization and may indicate an anomaly in financial reporting or a specific accounting practice that requires clarification.

How does the foundation plan to address its recurring revenue deficits?

In several recent years (e.g., 2023, 2022, 2020), the foundation's expenses have significantly outpaced its revenue. A strategy to increase revenue or reduce expenses is crucial for long-term sustainability.

Filing History

IRS 990 filing history for Panther Family Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Panther Family Foundation's revenue has declined by 89.9%, moving from $65K to $7K. Total assets decreased by 52.5% over the same period, from $483K to $229K. Total functional expenses fell by 70.3%, from $25K to $7K. In its most recent filing year (2023), Panther Family Foundation reported a deficit of $805, with expenses exceeding revenue. The organization holds $1 in liabilities against $229K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $229K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$7K	$7K	$229K	$1	—	—
2022	$11K	$19K	$230K	$1	—	View 990
2021	$6K	$5K	$242K	$1	—	—
2020	$2K	$122K	$241K	$1	—	View 990
2019	$18K	$24K	$363K	$1	—	View 990
2015	$36K	$39K	$497K	$1	—	View 990
2014	$60K	$33K	$500K	$1	—	View 990
2013	$49K	$46K	$473K	$1	—	View 990
2012	$39K	$52K	$470K	$1	—	View 990
2011	$65K	$25K	$483K	$1	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $7K, expenses of $7K, and assets of $229K (revenue -39.6% year-over-year).
2022: Revenue of $11K, expenses of $19K, and assets of $230K (revenue +78.2% year-over-year).
2021: Revenue of $6K, expenses of $5K, and assets of $242K (revenue +184.7% year-over-year).
2020: Revenue of $2K, expenses of $122K, and assets of $241K (revenue -88.1% year-over-year).
2019: Revenue of $18K, expenses of $24K, and assets of $363K (revenue -49.7% year-over-year).
2015: Revenue of $36K, expenses of $39K, and assets of $497K (revenue -40.4% year-over-year).
2014: Revenue of $60K, expenses of $33K, and assets of $500K (revenue +21.7% year-over-year).
2013: Revenue of $49K, expenses of $46K, and assets of $473K (revenue +26.9% year-over-year).
2012: Revenue of $39K, expenses of $52K, and assets of $470K (revenue -40.1% year-over-year).
2011: Revenue of $65K, expenses of $25K, and assets of $483K.

Data Sources and Methodology

This transparency report for Panther Family 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.