PANONICA FOUNDATION

EIN: 844266823 Civil Rights & Advocacy

NEW YORK, NY

Total Revenue
$5,500,000
Total Expenses
$4,007,350
Total Assets
$3,984,455
Net Assets
$3,984,455
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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
2020
Legal Domicile
DE
Phone
2122161188
Tax Period
2024-01-01 to 2024-12-31

PANONICA FOUNDATION, founded in 2020, is a community nonprofit in the Civil Rights & Advocacy sector that reported $5.5M in total revenue in fiscal year 2024. The organization ran a surplus of $1.5M, a strong 27% operating margin.

Mission

PROMOTE A MORE INFORMED PUBLIC BY SUPPORTING RESPONSIBLE JOURNALISM AND CIVIL RIGHTS LIBERTIES AND SOCIAL AND ECONOMIC JUSTICE FOR ALL IN THE U.S.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,500,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $5,500,000

Expense Breakdown

Grants Paid $4,007,350
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $4,007,350
Other Expenses $0
TOTAL EXPENSES $4,007,350

Year-over-Year Comparison

2024 2023 Change
Revenue $5,500,000 N/A N/A
Expenses $4,007,350 $50,700 +78.0%
Net Income $1,492,650 $-50,700 -30.4%
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

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Governance

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

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
3
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bruce Allen President 1.00
Officer Director
$0 $0 $0
Yoko Allen Vice President Treasurer 1.00
Officer Director
$0 $0 $0
Guy Molinari Secretary 1.00
Officer
$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 $5,500,000 $4,007,350 $3,984,455 $1,492,650
2023 No data $50,700 $2,491,805 No data
2022 No data $1,942,820 $2,542,505 No data
2021 $5,000,000 $674,075 $4,485,325 $4,325,925
2020 $430,000 $270,700 $159,400 $159,300
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