Pana Educational Foundation
Nonprofit profile at a glance
- EIN
- 371397506
- IRS 990-EZ coverage
- 2013–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Pana, IL, USA
- Phone
- 2175621500
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $65,584
- Expenses
- $22,474
- Assets
- $301,528
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Rebecca Carter-Beeson (President)
- Josh Ishmael (Vice President)
People named in this filing
- Rebecca Carter-Beeson (President)
- Michael Cothern (Treasurer)
- Eric Kingery (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Foundation is established for the purpose of advancing the educational endeavors of Pana Community Unit School District No. 8.
What it reported doing in 2024
Classroom Mini Grants is a program to help Pana Unit #8 provide the extra tools needed to advance the education of our students. Grants have ranged from Behavioral Support Programs, to the Moon Buggy Program, to the lastest in technology needed to stay with ever changing educational needs.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 33
- Transparency & Controls: 82
- Sustainability: 79
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 19.4%; rating input score 19
- Program expense ratio: 56.6%; rating input score 57
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 65.7%; rating input score 95; 95th percentile among comparable filings
- Total-asset coverage ratio: 13.42; rating input score 94; 94th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -3.6% per year; rating input score 0; 38th percentile among comparable filings
- Revenue growth: 3.3% per year; rating input score 100; 65th percentile among comparable filings
- Asset growth: 3.7% per year; rating input score 100; 53rd percentile among comparable filings
Details
- Where the money goes: 19.4% of revenue deployed · 56.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $13K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 6 of 7 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2013 to 2024
- Contacts: How to reach this organization
- 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 — Financial Efficiency: Mission deployment rate scored 19/100.
- Review — Financial Efficiency: Program expense ratio scored 57/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.