PACT INSTITUTE

EIN: 522131854 501(c)(3)

WASHINGTON, DC

Total Revenue
$11,207,181
Total Expenses
$15,789,024
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
DC
Principal Officer
CARALINE ANSTEY
Phone
2024665666
Tax Period
2020-10-01 to 2021-06-09

PACT INSTITUTE, founded in 1998, is a mid-sized nonprofit that reported $11.2M in total revenue in fiscal year 2020. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $15.8M exceeded revenue, resulting in a 41% operating deficit.

Mission

PACT INSTITUTE WORKS TO ACHIEVE STRATEGIC OBJECTIVES THAT IMPROVE THE LIVES OF PEOPLE AROUND THE WORLD WHO ARE POOR AND MARGINALIZED THROUGH INNOVATION, THE EXPLORATION OF NEW APPROACHES AND PARTNERSHIPS, AND FUNDING DIVERSIFICATION. IT IS A SUBSIDIARY OF PACT INC., AN INTERNATIONAL DEVELOPMENT ORGANIZATION.

Program Service Accomplishments

Program 1
Expenses: $3,417,181 Revenue: $3,441,790

THE INTERNATIONAL TIN SUPPLY CHAIN INITIATIVE (ITSCI) PACT LEADS FIELD IMPLEMENTATION AND THE ONLY TRACEABILITY AND DUE DILIGENCE PROGRAM FOR THE 3T MINERALS (TIN, TUNGSTEN, AND TANTALUM) OPERATING...

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THE INTERNATIONAL TIN SUPPLY CHAIN INITIATIVE (ITSCI) PACT LEADS FIELD IMPLEMENTATION AND THE ONLY TRACEABILITY AND DUE DILIGENCE PROGRAM FOR THE 3T MINERALS (TIN, TUNGSTEN, AND TANTALUM) OPERATING ON A LARGE-SCALE DUE DILIGENCE WITH STANDARDS 100% ALIGNED WITH THE OECD UPSTREAM DUE DILIGENCE GUIDANCE. PACT MONITORS OVER 2,250 ARTISANAL AND SMALL-SCALE MINES ACROSS THE DR CONGO, RWANDA, UGANDA AND BURUNDI, AND MYRIAD OF LOCAL AS WELL AS INTERNATIONAL MINING STAKEHOLDERS. THE ITSCI PROGRAM OBJECTIVE IS TO INITIATE, DEVELOP AND MAINTAIN A TRACEABILITY AND DUE DILIGENCE SYSTEM THAT ENSURES LOCAL AND INTERNATIONAL COMPANIES RESPONSIBLY TRADE 3T MINERALS FROM AFRICA'S GREAT LAKES REGION IN COMPLIANCE WITH NATIONAL AND INTERNATIONAL LAWS AND REGULATIONS (CONTINUED IN SCHEDULE O)(SECTION 1502 OF THE DODD FRANK ACT, SEC RULE AS WELL AS THE OECD GUIDANCE). THROUGH ITSCI 80,000, MINERS HAVE BEEN SUPPORTING AROUND FIVE MILLION PEOPLE WITH THEIR ACTIVITIES IN THE MINES. MORE THAN 5,500 STAKEHOLDERS HAVE BEEN TRAINED IN 2021 ON DUE DILIGENCE. ITSCI HAS EQUALLY IMPROVED SECURITY AND FOSTERED PEACE IN THE REGION, IN FACT THE PROJECT HAS DRASTICALLY REDUCED NON-STATE ARMED GROUPS INTERFERENCE IN MINING AREAS. AS OF 2021, ISTCI COUNTS FORTY-EIGHT MULTI-STAKEHOLDER COMMITTEES, 257 COMMITTEE MEETINGS FACILITATED BY ITSCI, 267 COACHING AND TRAINING SESSIONS, AND ABOUT 4,832 TRAINED BENEFICIARIES.

Program 2
Expenses: $1,473,527 Revenue: $1,404,198

MULTI-SECTORAL RESPONS TO TB/HIVPACT IS THE LEAD ORGANIZATION ON THE STEPPING UP UNIVERSAL ACCESS: A MULTI-SECTORAL PARTNERSHIP RESPONSE TO TB/HIV PROJECT, FOCUSING ON VULNERABLE AND KEY POPULATIONS...

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MULTI-SECTORAL RESPONS TO TB/HIVPACT IS THE LEAD ORGANIZATION ON THE STEPPING UP UNIVERSAL ACCESS: A MULTI-SECTORAL PARTNERSHIP RESPONSE TO TB/HIV PROJECT, FOCUSING ON VULNERABLE AND KEY POPULATIONS. THE PROJECT AIMS TO: USE MULTIPLE APPROACHES TO INTENSIFY AWARENESS AND IMPROVE KNOWLEDGE ON HIV/AIDS AND PROVIDE COMPREHENSIVE PREVENTION PROGRAMS ADAPTED TO EACH VULNERABLE POPULATION AND GROUP; PROVISION OF PRE-EXPOSURE PROPHYLAXIS (PREP) FOR VULNERABLE POPULATIONS, SUCH AS MSM, SEX WORKERS, AND AGYW; CONTRIBUTE TO SCALE UP AND IMPLEMENTATION OF SELF-TESTING, INDEX-TESTING, AND COMMUNITY-BASED HIV COUNSELING AND TESTING (HTC) INCLUDING OUTREACH AND TARGET CAMPAIGNS; SUPPORT PRIMARY HIV PREVENTION IN ADOLESCENT GIRLS AND YOUNG WOMEN (CONTINUED IN SCHEDULE O)AND STRENGTHEN LINKAGES AND REFERRALS TO OTHER SERVICE PROVIDERS.IN 2021, 703,805 CONDOMS WERE DISTRIBUTED TO THE GENERAL POPULATION. 264,600 YOUNG PEOPLE, AGED 10-24 YEARS, WERE REACHED BY COMPREHENSIVE SEXUALITY EDUCATION OUT OF SCHOOLS AND 113,962 ADOLESCENT AND YOUNG WOMEN WERE REACHED WITH HIV PREVENTION PROGRAMS.

Program 3
Expenses: $787,408 Revenue: $718,294

SMART POWER MYANMAR FOLLOW-ONESTABLISHED BY A GROUP OF FOUNDING MEMBERS AND PACT WITH CORE FUNDING FROM THE ROCKEFELLER FOUNDATION, SPM IS A PLATFORM BASED IN MYANMAR THAT HELPS UNIFY AND SCALE...

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SMART POWER MYANMAR FOLLOW-ONESTABLISHED BY A GROUP OF FOUNDING MEMBERS AND PACT WITH CORE FUNDING FROM THE ROCKEFELLER FOUNDATION, SPM IS A PLATFORM BASED IN MYANMAR THAT HELPS UNIFY AND SCALE INTEGRATED ELECTRIFICATION EFFORTS. SPM HELPS ALIGN THE SKILLS, RESOURCES AND ENERGY OF PRIVATE POWER DEVELOPERS AND DEVELOPMENT AND FINANCING INSTITUTIONS TO PROMOTE INTEGRATED ELECTRIFICATION IN MYANMAR. SPM'S ENERGY IMPACT FUND HAS BROUGHT ACCESS TO ENERGY TO 61,000 PEOPLE. SPM'S MYANMAR POWER MAP PROMOTES INTEGRATED ELECTRIFICATION WITH MORE THAN 600,000 ELECTRICITY GRID POINTS AND 4.8 MILLION CUSTOMERS IN ITS BILLING DATABASE, HELPING THE PLATFORM TO MOBILIZE MORE THAN $31 MILLION IN FINANCING TO INTEGRATED ELECTRIFICATION.

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Trantor Score

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

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $10,943,794
Program Service Revenue $235,067
Investment Income $2,664
Other Revenue $25,656
TOTAL REVENUE $11,207,181

Expense Breakdown

Grants Paid $3,003,050
Salaries & Benefits $5,327,684
Fundraising Expenses $0
Program Expenses $9,556,828
Other Expenses $7,458,290
TOTAL EXPENSES $15,789,024

Year-over-Year Comparison

2020 2019 Change
Revenue $11,207,181 $18,291,255 -0.4%
Expenses $15,789,024 $19,107,823 -0.2%
Net Income $-4,581,843 $-816,568 +4.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
2

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
4
$1,025,823
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK FITZGERALD BOARD CHAIR 5.00
Director
$0 $0 $0
MIKE DAHL BOARD MEMBER 1.00
Director
$0 $0 $0
CAROLINE ANSTEY PRES & CEO (AS OF 03/2020) 5.00
Officer
$0 $1,100 $336,457
MARIA BARTON GEN COUNSEL/CHIEF ETHICS/COMPL OFF. 5.00
Officer
$0 $9,931 $287,903
SAMANTHA BARBEE CFO 5.00
Officer
$0 $18,309 $276,567
CARLOS A CARAZANA INTERIM PRESIDENT & CEO 5.00
Officer
$0 $0 $124,896
MARK VISO PRES & CEO (THRU 07/2019) 0.00
$0 $0 $222,820
NATASHA SAKOLSKY EXEC DIR. PACT INST. (THRU 6/2020) 0.00
$0 $36,261 $155,101
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
2021 $11,207,181 $15,789,024 No data $-4,581,843
2020 $18,291,255 $19,107,823 $10,778,430 $-816,568
2019 $21,913,793 $21,550,755 $12,417,284 $363,038
2018 $21,830,132 $21,595,152 $13,699,774 $234,980
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