Partnership For Central America Inc is located in Washington, DC. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, Partnership For Central America Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Partnership For Central America Inc 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, Partnership For Central America Inc generated $1.4m in total revenue. All expenses for the organization totaled $860.2k during the year ending 12/2022. While expenses have increased by 169.6% per year over the past 2 years. They've been increasing with an increasing level of total revenue. 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
PCA SEEKS TO IMPROVE ECONOMIC CONDITIONS OF THE POOR AND VULNERABLE IN EL SALVADOR, GUATEMALA, AND HONDURAS ("REGION"). PCA WORKS TO ELEVATE THE NEEDS OF THE POOR AND DISADVANTAGED IN THE REGION AND GENERATE THE WILL AND RESOURCES TO ACHIEVE POVERTY REDUCTION IN THE REGION. IN ORDER TO ACHIEVE THE ABOVE GOALS, PCA HELPS IDENTIFY OPPORTUNITIES FOR INVESTMENT AND FOR DEVELOPMENT PROJECTS IN HIGH-NEED GEOGRAPHIES IN THE REGION AND COORDINATE ACROSS GOVERNMENT, NON-PROFITS, AND PRIVATE COMPANIES. IN DOING SO, PCA USES ITS NETWORK AND IN-HOUSE EXPERTISE REGARDING THE NEEDS OF THE POOR IN THE REGION TO ENSURE PROJECTS HAVE MAXIMUM POVERTY REDUCTION IMPACT. PCA ADVOCATES WITH PRIVATE COMPANIES IN THE U.S. AND IN THE REGION TO PROVIDE ADDITIONAL INVESTMENT IN AREAS THAT WILL RESULT IN BENEFITS TO THE POOR AND VULNERABLE POPULATIONS ACROSS THE REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS OF DECEMBER 31, 2022, PCA HAS MOBILIZED OVER 4.2 IN PRIVATE SECTOR INVESTMENT, LOANS AND PROCUREMENT. PARTNERS HAVE DEPLOYED NEARLY 1.1B TO DATE; CONNECTED OVER 1M WITH BANK ACCOUNTS OR ACCESS TO CREDIT, TRAINED OVER 400,000 INDIVIDUALS, AND CREATED AND COMMITTED OVER 70,000 JOBS. THROUGH THESE PROGRAM DELIVERIES, PCA IS BUILDING A MODEL FOR MOBILIZING PRIVATE SECTOR COMMITMENTS TO CLOSE THE DEVELOPMENT FINANCING GAP THROUGH A SYSTEMIC PUBLIC-PRIVATE APPROACH THAT ADVANCES SUSTAINABLE DEVELOPMENT GOALS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jonathan Fantini Porter Ed/ceo/sec. | OfficerTrustee | 50 | $300,000 |
Mark Lopes Pres./coo/se | Officer | 50 | $240,000 |
Ajay Banga Director | Trustee | 1 | $0 |
Blanca Trevino Director | Trustee | 1 | $0 |
Ambassador Raymond G Chambers Director | Trustee | 1 | $0 |
Michelle Nunn Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,424,969 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,424,969 |
Total Program Service Revenue | $0 |
Investment income | $262 |
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 | $1,425,377 |
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 | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $540,000 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $134,520 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $13,057 |
Payroll taxes | $41,191 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $8,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $18,666 |
Advertising and promotion | $7,963 |
Office expenses | $18,848 |
Information technology | $12,294 |
Royalties | $0 |
Occupancy | $0 |
Travel | $47,357 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $16,923 |
All other expenses | $1,405 |
Total functional expenses | $860,224 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $107,477 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $444,761 |
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 | $5,561 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $50,866 |
Total assets | $608,665 |
Accounts payable and accrued expenses | $36,859 |
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 | $0 |
Total liabilities | $36,859 |
Net assets without donor restrictions | $571,806 |
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 | $0 |
Total liabilities and net assets/fund balances | $608,665 |