Pennpac Inc
- Assets
- $356.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mamaroneck, NY
- Founding
- 08/2013
- Data as of
- 06/2023
- EIN
- 90-0960774
Organization Overview
Pennpac Inc is located in Mamaroneck, NY. The organization was established in 2013. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pennpac 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 06/2023, Pennpac Inc generated $110.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $163.5k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
VOLUNTEER PROGRAM - HAS COMPLETED SEVERAL ASSIGNMENTS USING THE FOLLOWING MODEL: A PROJECT TEAM OF 4-6 ALUMNI WORK TOGETHER OVER THE COURSE OF 8-10 WEEKS EACH DEVOTING A FEW HOURS PER WEEK TO ASSIST THE NONPROFIT ORGANIZATION WITH A SPECIFIC BUSINESS ISSUE. AT THE END OF EACH CONSULTING ENGAGEMENT, A SET OF FINAL RECOMMENDATIONS IS PRESENTED TO THE NONPROFIT CLIENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacqueline Einstein Astrof Board Chair | 40 | $0 | |
Arun Iyer Director | 1 | $0 | |
Ajay Joshi Director | 1 | $0 | |
Elaine Harris Director | 1 | $0 | |
Lydia Kris Director | 1 | $0 | |
Kelsey Brongo Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,819 |
| Total Program Service Revenue | $19,625 |
| Membership dues | $0 |
| Investment income | $552 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $109,996 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $149,965 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,569 |
| Total expenses | $163,534 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $343,133 |
| Other assets | $0 |
| Total assets | $356,696 |
| Total liabilities | $14,980 |
| Net assets or fund balances | $341,716 |