Pacific Century Institute Inc
Nonprofit profile at a glance
- EIN
- 954461286
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Chatsworth, CA, USA
- Phone
- 8187215555
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Research Institutes and Public Policy Analysis
Reported finances
- Revenue
- $340,754
- Expenses
- $367,968
- Assets
- $4,852,876
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
23 people listed
Executive titles in this filing
- RAYMOND BURGHARDT (PRESIDENT)
People named in this filing
- RAYMOND BURGHARDT (PRESIDENT)
- DON R EVANS (DIRECTOR)
- DON GREGG (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Pacific century institute's mission is to foster education, policy dialogue, and research concerning the whole pacific rim region. Our chosen constituency are the significant actors on the regional stage consisting of government officials, scholars, business people, and journalists. Pci strives to provide a forum for discussion of regional problems, to foster the creation of common solutions, to promote cross-cultural communication, to build bridges between the peoples of the pacific rim, especially focusing on gaps not being filled by other institutions, to use imaginative entrepreneurial programming to foster education, research, cross cultural communication, and policy dialogue, and to provide "seed money" to get initiatives off the ground as well as seeking partners to carry forward. All of these efforts are designed to construct a more open and harmonious future a future free from the forces of parochialism and chauvinism that have marred our mutual past.
What it reported doing in 2024
Pci contributed $24,000 to the korea peace forum for 2024 programspci contributed $14,940 to support distribution of "global asia"pci contributed $9,409 to pci senior fellowship bookpci supported friends of korea ($6,000)pci supported nautilus ($5,000)pci contributed $4,000 to the 2023/2024 james t. Laney distringuished professorship at yonselpci supported pci fellowship, paul lee ($2,000)pci contributed $1,059 to concordia langauge villages
Operating model
- Revenue model
- Investment-supported. 68% of the money available for current operations came from recurring investment income.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 84
- Accountability: 70
- Sustainability: 56
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.8%; rating input score 96
- Program expense ratio: 41.4%; rating input score 41
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 9th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -8%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 13.19; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: -11.5% per year; rating input score 0; 9th percentile among comparable filings
- Revenue growth: 1% per year; rating input score 100; 29th percentile among comparable filings
- Asset growth: 1.4% per year; rating input score 100; 31st percentile among comparable filings
Details
- Where the money goes: 95.8% of revenue deployed · 41.4% of spending went to programs
- Governance: 23 of 23 board members independent · 2 of 7 filing controls reported
- Programs: 4 filed program accomplishments · $152K in reported program spending
- Leadership: top reported pay $0 · 23 people listed
- Consistency: 13 of 14 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 8 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Program expense ratio scored 41/100.
- High — Accountability: Governance controls: 4 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Operating margin scored 25/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.