THE PANGEA NETWORK

EIN: 562543962 501(c)(3) Human Services

The Woodlands, TX

Total Revenue
$473,210
Total Expenses
$386,652
Total Assets
$424,359
Net Assets
$416,896
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
TX
Principal Officer
Nicole Minor
Phone
2812921211
Tax Period
2023-01-01 to 2023-12-31

THE PANGEA NETWORK, founded in 2005, is a small nonprofit in the Human Services sector that reported $473K in total revenue in fiscal year 2023. Revenue surged 55% from the prior year, signaling strong growth momentum. The organization ran a surplus of $87K, a strong 18% operating margin.

Mission

The Pangea Network empowers women and youth through access to training and education in Kenya and the U.S. Motivated individuals are empowered with knowledge, skills and ongoing network of support in order to realize their potential and make positive, lifechanging contributions in the communities where they live.

Program Service Accomplishments

Program 1
Expenses: $82,498 Revenue: $0

Kenya - Student Sponsorship Program: The Student Sponsorship Program supports disadvantaged and bright students who lack financial ability to access education. Over the last 12 years, Pangea has...

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Kenya - Student Sponsorship Program: The Student Sponsorship Program supports disadvantaged and bright students who lack financial ability to access education. Over the last 12 years, Pangea has educated 46 students in primary, high school and university or college. In addition, through annual retreats, the boys and girls interact with staff, peers and professionals from different fields who guide and motivate them on life skills and careers. Students who graduate from high school are also able to attend the Daystar University Leadership program which builds skills for success in college and in the workplace. The goal of the program is to educate and graduate young, responsible and competent adults who will positively influence their communities. In 2023, the program supported 23 students through their year of education and saw 5 graduate from their college studies.

Program 2
Expenses: $138,687 Revenue: $929

Kenya - Kenyan Women's Network: The Kenyan Women's Network program focuses on the social and economic empowerment of women living in extreme poverty. Pangea works with groups of women known as...

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Kenya - Kenyan Women's Network: The Kenyan Women's Network program focuses on the social and economic empowerment of women living in extreme poverty. Pangea works with groups of women known as cooperatives and provides training in leadership, human rights, basic business skills and bookkeeping, personal development, nutrition, hygiene and reproductive health. The majority of the members are small scale traders and farmers engaged in different businesses. In 2023, Pangea was able to train 17 women to become trainers, helping us to expand our reach through locally empowered women in each of the areas we currently work. With this increased capacity, Pangea provided workshops to 370 women in life and business skills throughout the year and provided business mentorship for 428 women already in the network, along with revolving funds for small business growth. Pangea served a total of 798 women through these efforts in 2023.

Program 3
Expenses: $67,244 Revenue: $12,885

U.S. - Young Women's Leadership Challenge (YWLC): YWLC's goal is to empower high school aged young women from diverse backgrounds to be confident, financially literate, globally aware and prepared...

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U.S. - Young Women's Leadership Challenge (YWLC): YWLC's goal is to empower high school aged young women from diverse backgrounds to be confident, financially literate, globally aware and prepared leaders to achieve their dreams and be changemakers in their communities and beyond. The program provides an opportunity for young women to gain the tools necessary to get them successfully to and through college and into the workplace. This is a year-long program that starts with a summer intensive conference and followed by monthly meetings. During 2023, the program was delivered in-person and virtual monthly meetings. The program had 32 participants participating from January - April and a new cohort of 28 starting in June.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $468,463
Program Service Revenue $13,815
Investment Income $0
Other Revenue $-9,068
TOTAL REVENUE $473,210

Expense Breakdown

Grants Paid $247,019
Salaries & Benefits $72,422
Fundraising Expenses $29,990
Program Expenses $330,907
Other Expenses $67,211
TOTAL EXPENSES $386,652

Year-over-Year Comparison

2023 2022 Change
Revenue $473,210 $304,399 +0.6%
Expenses $386,652 $387,163 0.0%
Net Income $86,558 $-82,764 -2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
3
Employees
1
Volunteers
25

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
1
$67,275
Total Directors
4
$67,275
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nicole Minor Executive Director 40
Officer Director
$67,275 $0 $67,275
Michelle Patterson Board Chair 3
Director
$0 $0 $0
Greg Mar Board Member 0.50
Director
$0 $0 $0
Sean Murphy Secretary 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
2024 No data No data No data No data
2023 $473,210 $386,652 $424,359 $86,558
2022 $304,399 $387,163 $335,906 $-82,764
2021 $503,071 $387,064 $418,688 $116,007
2020 $294,700 $314,186 $284,365 $-19,486
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