E-Polk, operating under the name Pangaea Internet, is located in Tryon, NC. The organization was established in 2003. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 12/2021, Pangaea Internet employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pangaea Internet 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 12/2021, Pangaea Internet generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 4.7% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PANGAEA MISSION: TO DELIVER AFFORDABLE, RELIABLE CONNECTIVITY SERVICES TO THE REGION. THESE SERVICES WILL ACCELERATE ECONOMIC DEVELOPMENT AND IMPROVE QUALITY OF LIFE WHILE EXPANDING ACCESS INTO UNDERSERVED AREAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXTENSION AND MAINTENANCE OF FIBER-OPTIC CABLE NETWORK TO ACHIEVE/MAINTAIN OPERATING STATUS OF MISSION UNDER RIAA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ron A Walters Exec Director | Officer | 40 | $148,677 |
Jim Edwards President | OfficerTrustee | 1 | $0 |
Joe Crowder Secretary | OfficerTrustee | 1 | $0 |
Harry Grymes Treasurer | OfficerTrustee | 1 | $0 |
Russ Pitts Director | Trustee | 1 | $0 |
Steve Garrison Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $11,271 |
All other contributions, gifts, grants, and similar amounts not included above | $134,882 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $146,153 |
Total Program Service Revenue | $1,371,292 |
Investment income | $919 |
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 | $1,526,655 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $11,271 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $434,014 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $104,889 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $21,020 |
Fees for services: Accounting | $1,950 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $143,249 |
Advertising and promotion | $13,631 |
Office expenses | $0 |
Information technology | $16,671 |
Royalties | $0 |
Occupancy | $14,028 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $3,120 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $171,974 |
Insurance | $48,642 |
All other expenses | $122,129 |
Total functional expenses | $1,461,712 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $228,102 |
Savings and temporary cash investments | $315,612 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $13,878 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $200,000 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $24,420 |
Net Land, buildings, and equipment | $1,120,621 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,902,633 |
Accounts payable and accrued expenses | $95,717 |
Grants payable | $0 |
Deferred revenue | $300,047 |
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 | $47,138 |
Total liabilities | $442,902 |
Net assets without donor restrictions | $1,459,731 |
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 | $1,902,633 |
Over the last fiscal year, we have identified 2 grants that E-Polk has recieved totaling $49,938.
Awarding Organization | Amount |
---|---|
Gateway Wellness Foundation Marion, NC PURPOSE: FIBER INFRASTRUCTURE FOR THERMAL BELT OUTREACH HOUSING VILLAGE | $49,882 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $56 |
Organization Name | Assets | Revenue |
---|---|---|
Tennessee State Collaborative On Reforming Education Nashville, TN | $23,375,202 | $18,088,323 |
Cameron Foundation Petersburg, VA | $170,387,931 | $14,350,568 |
Youth Educational Services Inc Tucker, GA | $1,618,316 | $5,042,597 |
Meridian Education Resource Group Inc Atlanta, GA | $7,961,644 | $4,980,107 |
Virginia Tech Services Inc Blacksburg, VA | $8,676,644 | $3,908,616 |
Student U Durham, NC | $9,122,297 | $4,911,286 |
Technology Student Association Reston, VA | $4,030,587 | $3,611,530 |
Petersburg Library Foundation Inc Petersburg, VA | $154,347 | $1,622,780 |
The University Of Virginias College At Wise Foundation Inc Wise, VA | $42,097,023 | $1,930,622 |
National Technical Honor Society Flat Rock, NC | $2,944,841 | $1,721,548 |
E-Polk Tryon, NC | $1,902,633 | $1,526,655 |
Middle Georgia State College Real Estate Foundation Inc Macon, GA | $39,301,200 | $4,417,348 |