Pace Universal
- Assets
- $180.8k
- Revenue
- $148.6k
- Investments
- $0.0
- Employees
- 1
- Location
- Santa Barbara, CA
- Founding
- 03/2005
- Data as of
- 12/2022
- EIN
- 38-3683155
Organization Overview
Pace Universal is located in Santa Barbara, CA. The organization was established in 2005. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pace Universal is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Pace Universal generated $148.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $187.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
1. NURTURE THE EDUCATIONAL, HEALTH, NUTRITIONAL, SOCIAL AND CULTURAL DEVELOPMENT OF CHILDREN, ESPECIALLY GIRLS, IN IMPOVERISHED AREAS OF INDIA AND OTHER AREAS OF THE PLANET. 2. EQUIP WOMEN WITH THE SOCIAL AND ECONOMIC TOOLS THEY REQUIRE TO BECOME AGENTS OF CHANGE AND ADVOCATES OF EQUITY WITHIN THEIR HOMES AND THROUGHOUT THEIR COMMUNITIES. 3. PARTNER WITH ORGANIZATIONS TO IMPLEMENT PROJECTS DESIGNED TO ENABLE INDIVIDUALS TO IMPROVE THE QUALITY OF LIFE WITHIN THEIR COMMUNITY. 4. ESTABLISH A MECHANISM FOR THE PREVENTION OF SOCIAL AND CRIMINAL ABUSES THAT ARE WAGED AGAINST CHILDREN, PARTICULARLY GIRLS, SUCH AS CHILD TRAFFICKING, PROSTITUTION, CHILD MARRIAGE, CHILD LABOR AND OTHER SOCIAL AND PSYCHOLOGICAL INJUSTICES PREVALENT ON MANY PARTS OF THE PLANET.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLC'S OUTSTANDING ACHIEVEMENTS FOR 2022 COVID MANDATE REQUIRED PLC TO REMAIN CLOSED FOR MOST OF 2022. HOWEVER, WITH A YEARNING TO SUPPORT OUR STUDENTS CONTINUED LEARNING WE STARTED THE YEAR WITH SPECIAL OFFLINE CLASSES. THIS ALLOWED OUR SENIOR STUDENTS TO APPEAR FOR THE STATE MANDATED PUBLIC EXAM. OUR STUDENTS' ACHIEVEMENT WAS OUTSTANDING 17 OUT OF 19 STUDENTS APPEARING FOR SUCH AN EXAM, CONDUCTED BY THE NATIONAL INSTITUTE OF OPEN SCHOOLING, SCORED A OR A+ CUMULATIVE GRADES WHICH WAS AN INCREDIBLE ACHIEVEMENT FOR A RURAL SCHOOL WE ARE ALSO PROUD TO SAY THAT ALL THESE DESERVING GRADUATES HAVE NOW BEEN ENROLLED INTO STATE UNIVERSITIES SUPPORTED BY (PLC). IN ADDITION TO THE ABOVE GOOD NEWS, WE WOULD ALSO LIKE TO REPORT THAT ANOTHER BRILLIANT STUDENT FROM GRADE XI HAS RECEIVED A MULTI-YEAR SCHOLARSHIP FROM THE ROTARY CLUB OF SAN LUIS OBISPO IN CALIFORNIA. SUCH AN INCREDIBLE SUPPORT WILL ENABLE RAI MONDAL TO COMPLETE HER JUNIOR AND SENIOR YEARS' HIGH SCHOOL EDUCATION IN A CITY SCHOOL, OFFERING AP (ADVANCED PLACEMENT) SCIENCE COURSES, AND FOUR YEARS OF COLLEGE. HER DREAM IS TO BE A DOCTOR OTHER ACHIEVEMENT HIGHLIGHTS OF THE YEAR ARE O WE WERE ABLE TO ENROLL NEW STUDENTS IN LOWER KINDERGARTEN AND VOCATIONAL TRAINING PROGRAM WHILE DEALING WITH COVID LOCK-DOWN DIFFICULTIES. O IN CONJUNCTION WITH PACE'S IN-COUNTRY PARTNER - THE ROTARY CLUB OF CALCUTTA METROPOLITAN - WE SUCCESSFULLY IMPLEMENTED A CERVICAL CANCER CAMP, ON CAMPUS DURING WHICH MORE THAN 100 BENEFICIARIES RECEIVED INOCULATIONS TO PREVENT CERVICAL CANCER. O WE LAUNCHED MAHENDRAGURU TRAINING PROGRAM FOR SENIOR STUDENTS AND HIGH SCHOOL GRADUATES TO PREPARE THEM TO SIT FOR DIFFERENT COMPETITIVE EXAMS CONDUCTED BY GOVT. OF INDIA TO MAKE THEM JOB READY. SUCH A PROGRAM IS NOT OFFERED EVEN IN THE CITY SCHOOLS. O WE HAD THREE OF THE HIGH SCHOOL GRADUATES QUALIFY FOR THE NURSING ENTRANCE EXAMS THIS YEAR BEING MENTORED BY OUR OUTSTANDING TEACHING STAFF. O WE INOCULATED MANY OF OUR BENEFICIARIES WITH COVID VACCINE INCLUDING STAFF AND STUDENTS.
SEE ATTACHMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deepa Willingham Founder | Trustee | 40 | $42,777 |
Mira Honeycutt Director | Trustee | 2 | $0 |
Jayanta Chatterji Director | Trustee | 2 | $0 |
Dr Naresh Goyal Director | Trustee | 35 | $0 |
Mary Jo Mcnamara Director | Trustee | 2 | $0 |
Derek Moore Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $7,540 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $141,090 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $148,630 |
| Total Program Service Revenue | $0 |
| Investment income | $3 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $148,633 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $78,656 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $42,777 |
| Compensation of current officers, directors, key employees. | $8,555 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,523 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,972 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,222 |
| Advertising and promotion | $120 |
| Office expenses | $6,890 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,800 |
| Travel | $20,729 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,425 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,752 |
| All other expenses | $116 |
| Total functional expenses | $187,459 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $163,802 |
| Savings and temporary cash investments | $17,011 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $180,813 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,859 |
| Total liabilities | $1,859 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $178,954 |
| Total liabilities and net assets/fund balances | $180,813 |