E-Polk
- Assets
- $1.9m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 6
- Location
- Tryon, NC
- Founding
- 04/2003
- Data as of
- 12/2021
- EIN
- 30-0156436
Organization Overview
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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron A Walters Exec Director | Officer | 40 | $148,677 |
Jim Edwards President | OfficerTrustee | 1 | $0 |
Harry Grymes Treasurer | OfficerTrustee | 1 | $0 |
Joe Crowder Secretary | OfficerTrustee | 1 | $0 |
Russ Pitts Director | Trustee | 1 | $0 |
Marche Pittman Director | Trustee | 1 | $0 |
Financial Statements
| 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 |
Grants Recieved
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 |
Peer Organizations
| 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 |