Pangaea Global AIDS

Nonprofit profile at a glance

EIN
912167423
IRS 990 coverage
2010–2015
Forms available
Form 990 2015
Location
San Francisco, CA, USA
Phone
5103794003
Rating
76
Verdict
SUPPORTED
Rating confidence
Standard
Sector
International Democracy & Civil Society Development

Official website

Reported finances

Revenue
$3,452,249
Expenses
$3,696,249
Assets
$919,610
Liabilities
$557,341

Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • BENEDICT PLUMLEY (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • BENEDICT PLUMLEY (CHIEF EXECUTIVE OFFICER): $346,295 total reported compensation
  • NATALIE OTTEN (CHIEF FINANCIAL OFFICER/CHIEF OPERATING OFFICER): $187,385 total reported compensation
  • MEGAN DUNBAR (VP OF RESEARCH & SOCIAL POLICY): $157,352 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Pangaea global AIDS builds partnerships that improve the lives of people living with and most at-risk for HIV to ensure equitable access to prevention, testing, treatment and care.

What it reported doing in 2015

Policy & advocacy - at global and regional levels, pangaea works with national partners to document and disseminate existing HIV prevention, treatment and related health service delivery programs, primarily in eastern africa and china

Operating model

Revenue model
Donor-supported. 70% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 87% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 72
  • Accountability: 100
  • Sustainability: 12
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89.2%; rating input score 89
  • Program expense ratio: 83.3%; rating input score 83
  • Fundraising efficiency: $17.93 raised per $1 spent on fundraising; rating input score 60; 60th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 88.9%; rating input score 89; 2nd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: 5 of 8 controls in place; rating input score 62
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Pass
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Pass
    • Conducts site visits: Pass
    • Requires grant agreements: Pass
    • May require repayment: Fail
  • Grant itemization coverage: 98.1%; rating input score 98; 33rd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: No; rating input score 0

Accountability

  • Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -7.1%; rating input score 14; 14th percentile among comparable filings
  • Total-asset coverage ratio: 0.25; rating input score 10; 10th percentile among comparable filings
  • Liabilities to assets ratio: 0.61; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 27.7%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: -9.2% per year; rating input score 0; 9th percentile among comparable filings
  • Revenue growth: -1.4% per year; rating input score 0; 19th percentile among comparable filings
  • Asset growth: -8% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 89.2% of revenue deployed · 83.3% of spending went to programs
  • Governance: 8 of 8 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $3.1M in reported program spending
  • Leadership: top reported pay $346K · 15 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $104K reported
  • Consistency: 35 of 37 current checks pass · 2 findings to review
  • Schedules: 9 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 5 filing years from 2010 to 2015
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Operating margin scored 14/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Transparency & Controls: Foreign activity oversight: 3 of 8 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 10/100.
  • High — Transparency & Controls: Related-party transparency scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.
  • High — Sustainability: Liabilities to assets ratio scored 21/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.
  • High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.