Panhandle Area Council Inc
Nonprofit profile at a glance
- EIN
- 820303883
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- Hayden, ID, USA
- Phone
- 2087720584
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $2,960,362
- Expenses
- $1,543,830
- Assets
- $18,720,946
- Liabilities
- $5,393,894
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- KYLE HENDRICKS (President)
- DARRELL RAVER (Vice President)
Highest reported compensation
- LLOYD JACOBSON (Executive Dir.): $158,574 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote the welfare of northern Idaho, the state of Idaho and the region as a whole; to improve the economic stability of said areas; to seek, accept and assist in the placement of new industries and to assist in the well-being and expansion of present industries of the region; to cooperate with all levels of government, local, state and federal, and with all interested private individuals and legal entities in the furthering of all such purposes; to accept and use any federal or state aid funds available, and any private funds which may be made available to the corporation for its uses and purposes; to make all necessary studies and surveys, to borrow money, to buy, sell, hold, acquire, own, mortgage, hypothecate, transfer, lease, exchange, trade or otherwise to acquire or dispose of real and personal property; to exericse those powers commonly exercised by natural persons and to do all acts or things useful or incidental to the purposes for which this corporation is constituted.
What it reported doing in 2024
To promote and assist in the growth and development of business concerns including small businesses in the region by providing loans, business counseling, government procurement assistance, grant writing and administration, economic development planning and a business incubator for start-up and expanding small businesses.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% 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 total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 60
- Transparency & Controls: 66
- Accountability: 74
- Sustainability: 78
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 49.2%; rating input score 49
- Program expense ratio: 97.8%; rating input score 98
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 91.7%; rating input score 92; 22nd percentile among comparable filings
- Governance controls: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 47.8%; rating input score 92; 92nd percentile among comparable filings
- Total-asset coverage ratio: 12.13; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: 0.29; rating input score 35; 35th percentile among comparable filings
- Officer compensation ratio: 10.3%; rating input score 29; 29th percentile among comparable filings
Growth
- Program expense growth: 16.1% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: 19.7% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 8.7% per year; rating input score 100; 53rd percentile among comparable filings
Details
- Where the money goes: 49.2% of revenue deployed · 97.8% of spending went to programs
- Governance: 11 of 12 board members independent · 4 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.5M in reported program spending
- Leadership: top reported pay $159K · 12 people listed · 1 of 6 pay-setting controls reported
- Consistency: 26 of 26 current checks pass
- Schedules: 3 filed schedules · includes executive pay
- Filing history: 9 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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: Mission deployment rate scored 49/100.
- Review — Accountability: Governance controls: 4 of 8 not reported.
- High — Sustainability: Officer compensation ratio scored 29/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 35/100.