Pangaea Foundation Inc
- Assets
- $162.5k
- Revenue
- $6.5k
- Investments
- $105.3k
- Employees
- 0
- Location
- Boca Raton, FL
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-4180477
Organization Overview
Pangaea Foundation Inc is located in Boca Raton, FL. The organization was established in 2014. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pangaea Foundation 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 12/2021, Pangaea Foundation Inc generated $6.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $5.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Zutty President | 1 | $0 | |
Robert G Fessler Vice President | 1 | $0 | |
Declan Treacy Vice President/secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,654 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,798 |
| Capital Gain Net Income | $4,798 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,452 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,041 |
| Total operating and administrative expenses | $5,041 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $5,041 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,244 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $105,292 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $162,536 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Pangaea Foundation Inc has awarded $70,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
LONG ISLAND CARES - VETSWORK PURPOSE: UNRESTRICTED | $30,000 |
VETS HELPING HEROES PURPOSE: UNRESTRICTED | $20,000 |
EAC NETWORK PURPOSE: UNRESTRICTED | $10,000 |
HAVEN-FRIENDS FOR LIFE PURPOSE: UNRESTRICTED | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Team Red White & Blue Inc Atlanta, GA | $10,402,897 | $10,336,911 |
The American Legion Orlando, FL | $4,425,997 | $3,913,463 |
Veterans Empowerment Organization Of Georgia Inc Atlanta, GA | $5,110,799 | $3,778,915 |
Herobox Inc Peachtree City, GA | $304,478 | $2,248,382 |
Florida Is For Veterans Inc Tallahassee, FL | $751,359 | $2,131,929 |
Coming Home Foundation Jupiter, FL | $108,984 | $1,903,875 |
Still Serving Vets Huntsville, AL | $1,067,299 | $1,618,512 |
American Legion Saint Petersburg, FL | $4,958,464 | $1,845,913 |
Sovereign Military Hospitaller Knights Of The Imperial Orders Inc Tampa, FL | $23 | $1,166,390 |
Warrior Alliance Inc Atlanta, GA | $548,665 | $766,609 |
Veterans Of Foreign Wars Of The United States Dept Of Florida Ocala, FL | $9,010,072 | $1,574,934 |
Veterans Recovery Resources Mobile, AL | $2,228,899 | $1,983,638 |