Pak Foundation
Nonprofit profile at a glance
- EIN
- 810807970
- IRS 990-PF coverage
- 2016–2024
- Forms available
- Form 990-PF 2024
- Location
- San Angelo, TX, USA
- Phone
- 3256584244
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Corporate Foundations
Reported finances
- Revenue
- $0
- Expenses
- $35,957
Source: IRS Form 990-PF. Selected filing: tax year 2024. Amounts in USD.
Overview
Mission
Corporate Foundations
What it reported funding in 2024
The foundation reported 4 grants totaling $34,707. The stated grant purposes included to manage scholarship funds and funds to benefit the future growth of stock show and rodeo association, youth development organization, and acquiring, operating, maintaining firefighting, rescue and other emergency equipment necessary for the preservation of life and the protection of property from fire, storm or any other emergencies that may occur within the area of its operation in tom green county., plus 1 other reported purpose.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this foundation funds its work.
- Distribution model
- Grant intermediary. The foundation distributed 100% of its reported charitable disbursements as grants.
The verdict
STRONG - A large share of available resources goes to charitable grants and the filed numbers largely add up. Assets provide a limited cushion relative to annual grants.
Rating breakdown
- Grant Deployment: 100
- Cost Efficiency: 97
- Transparency: 100
- Compliance: 100
- Endowment Health: 14
Detailed rating inputs
Grant Deployment
- Grant deployment ratio: 100%; rating input score 100; 84th percentile among comparable filings
Cost Efficiency
- Grant expense ratio: 96.5%; rating input score 97; 85th percentile among comparable filings
Transparency
- Grant recipient disclosure: Yes; rating input score 100
Compliance
- Part VII-B activity disclosures: 19 of 19 controls in place; rating input score 100
- Property sale or exchange with a disqualified person: Pass
- Borrowing from or lending to a disqualified person: Pass
- Goods, services, or facilities involving a disqualified person: Pass
- Compensation paid to a disqualified person: Pass
- Assets transferred to a disqualified person: Pass
- Payment to a government official: Pass
- Uncorrected prior self-dealing: Pass
- Prior-year undistributed income: Pass
- Excess business holdings: Pass
- Investments that may jeopardize charitable purposes: Pass
- Uncorrected prior-year jeopardizing investments: Pass
- Attempt to influence legislation: Pass
- Attempt to influence an election: Pass
- Grants to individuals: Pass
- Grants to organizations: Pass
- Spending for a noncharitable purpose: Pass
- Funds received for a personal-benefit contract: Pass
- Premiums paid on a personal-benefit contract: Pass
- Prohibited tax-shelter transaction: Pass
- Filing consistency checks: 9; rating input score 100
Endowment Health
- Endowment-health comparison: 3.03; rating input score 14; 14th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Grants: 100% of grant recipient detail disclosed
- Payout: At least 100% grant deployment rate
- Trustees: Filed trustees detail
- Self-dealing: 100% of reviewed questions answered “No”
- Investments: 14th percentile for endowment coverage
- Consistency: 9 of 9 current checks pass
- Filing history: 8 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- 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.
- High — Endowment Health: Endowment-health comparison scored 14/100.