Paso Pacifico EIN 20-3396421

Paso Pacifico

EIN  20-3396421 Public charity (501(c)(3)) Ventura, CA
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Restores and conserves Central American Pacific ecosystems by collaborating with local partners.
Leadership
Sarah Otterstrom PhD · Exec Director
Money in and out
$705K revenue, $559K expenses
Bottom line
72% program efficiency

Restores and conserves Central American Pacific ecosystems by collaborating with local partners. For fiscal year 2024 it reported $705K in revenue, $559K in expenses, and $357K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$705K
Pt VIII · Ln 12
Total expenses
$559K
Pt IX · Ln 25
Net assets
$357K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $147K
Where spending went · Part IX cols B–D
Program services $0.72 Management & general $0.24 Fundraising $0.04
Program efficiency
72%
of spending reaches programs▼ -8% vs prior filing year
Operating runway
6.5mo
months of highly liquid reserves at operating expense rate▲ +132% vs prior filing year
Surplus margin
+21%
revenue over expenses, this year▲ ×14 vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$705K
FY2024▲ +5%
Expenses
$559K
FY2024▼ -16%
Total assets
$381K
FY2024▲ +47%
Total liabilities
$24K
FY2024▼ -51%
Total revenue
$705K
Pt VIII · Ln 12
Total expenses
$559K
Pt IX · Ln 25
Net assets
$357K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$147K
Total assetsPt X · Ln 16$381K
Program-expense ratioPt IX · col B72%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

2 program services account for $401K of program spending, described in the organization's own filed words · FY2024.
01

Through programs informed by the most cutting-edge conservation science and implemented through close cooperation with local communities, Paso Pacifico is making leaps for ecosystem conservation.

$401Kprogram expense
02

In working towards its vision, Paso Pacifico empowers communities to develop more sustainable livelihoods in eco-tourism, fishing, agriculture, and natural resource management; advances women and children as environmental leaders; and develops strong, collaborative relationships with private landowners and the private sector.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPaso Pacifico
EINHdr · item D20-3396421
Principal addressHdr · item CVentura, CA
WebsiteHdr · item Jwww.pasopacifico.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFAnimals (D30)
Ruling yearIRS BMFMay 2006

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Sarah Otterstrom PHD’s $17K as Exec Director is at the 17th percentile of top reported officer pay among 1218 $100K–1M animals nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021FY2020
Sarah Otterstrom PHD$17,109$50,413$50,413$32,081

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants100%$708K
— government grantsLn 1e$173K
Total revenueLn 12$705K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.72 Management & general $0.24 Fundraising $0.04
Program services72%$401K
Management & general24%$135K
Fundraising4%$23K
Total functional expensesLn 25$559K

Balance Sheet

Part X · end of year
CashLn 1$76K
Total assetsLn 16$381K
Total liabilitiesLn 26$24K
Total net assetsLn 32$357K
Months of cash on handcomputed1.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $301K · Operating expenses (Pt IX) $559K · Less non-cash grants $2K · Cash operating expenses/yr $557K
6.5 months
Where the money goes
Program services
Program services $401K · Total expenses $559K
72%
Management & General
Management & general $135K · Total expenses $559K
24%
Fundraising
Fundraising $23K · Total expenses $559K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $32K · Solicited contributions (3-yr avg) $546K
$0.06 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $708K · Total revenue $705K
100%
Government reliance
Government grants $173K · Total revenue $705K
24%
Earned-income share
Program service revenue $0 · Total revenue $705K
0%
Investment reliance
Investment income $-3K · Total revenue $705K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $559K
0%
Growth & trend
Revenue growth (YoY)
This year $705K · Prior year $673K
+5%
Revenue CAGR
FY2020 $800K · FY2024 $705K
-3%
Net-asset trend (YoY)
End of year $357K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $705K · Expenses $559K
+21%
Liabilities-to-Assets
Total liabilities — · Total assets $381K
Net-asset ratio
Net assets $357K · Total assets $381K
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $225K · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $381K
59%
People & payroll
Highest Reported Total Compensation
Individual Sarah Otterstrom PHD · Reported title Exec Director · Highest reported compensation $0 · Total expenses $559K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $218K · Total expenses $559K
39%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 72%
Overhead ratio 24%
Fundraising cost ratio 3%
Revenue growth 5%
Investment management fee ratio 0%
Legal fee ratio 3%
Accounting fee ratio 2%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 7 funders$155K
See all 7 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$705K revenue · viewing · ⤓ 990 PDF
FY2023$673K revenue · ⤓ 990 PDF
FY2022$586K revenue · ⤓ 990 PDF
FY2021$713K revenue · ⤓ 990 PDF
FY2020$800K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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