Pan African Center for Empowerment (EIN 474502267) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

Arif Gursel

Phone

7852507372

Tax Period

2023-01-01 to 2023-12-31

Pan African Center for Empowerment, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $456K in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $880K exceeded revenue, resulting in a 93% operating deficit.

Mission

The purpose of PACE is to elevate the quality of life for people of African heritage across the globe. We use modern, cross-disciplinary tools to deconstruct the systems that oppress our communities and build human-centered, tech-powered solutions

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $400,862

Program Service Revenue $55,406

Investment Income $8

Other Revenue $0

TOTAL REVENUE $456,276

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $830,601

Other Expenses $880,342

TOTAL EXPENSES $880,342

Year-over-Year Comparison

	2023	2022	Change
Revenue	$456,276	$666,983	-0.3%
Expenses	$880,342	$460,597	+0.9%
Net Income	$-424,066	$206,386	-3.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gail W Boyd	Chairman of the Board	5.00	Officer Director	$0	$0	$0
Walter Beach III	Secretary	5.00	Officer Director	$0	$0	$0
LaSean Smith	Treasurer	5.00	Officer Director	$0	$0	$0
Carol Robison	Director	0.50	Director	$0	$0	$0
Treshawn Shields	Director	0.50	Director	$0	$0	$0
Touissant Werner	Director	0.50	Director	$0	$0	$0
Devaris Brown	Director	0.50	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2023	$456,276	$880,342	$582,949	$-424,066
2022	$666,983	$460,597	$916,255	$206,386
2021	$811,067	$410,958	$709,870	$400,109
2020	$673,068	$429,128	$309,761	$243,940

Pan African Center for Empowerment