Red Panda Network EIN 26-1103671

Red Panda Network FY2023 filing

EIN  26-1103671 Public charity (501(c)(3)) Eugene, OR
Form 990 (PDF)
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Size
$1–10M
What they do
Protect red panda habitats through awareness, research, eco-tourism, and sustainable business training.
Leadership
Nicole Boyd · Board Member
Money in and out
$1.2M revenue, $961K expenses
Bottom line
91% program efficiency

Protect red panda habitats through awareness, research, eco-tourism, and sustainable business training. For fiscal year 2023 it reported $1.2M in revenue, $961K in expenses, and $1.6M in net assets.Pt I

Where the money goes · FY2023
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$961K
Pt IX · Ln 25
Net assets
$1.6M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $289K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.05 Fundraising $0.04
Program efficiency
91%
of spending reaches programs
Operating runway
18.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+23%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$1.2M
FY2023▼ -1%
Expenses
$961K
FY2023▼ -8%
Total assets
$1.6M
FY2023▲ +24%
Total liabilities
$27K
FY2023▲ +247%
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$961K
Pt IX · Ln 25
Net assets
$1.6M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$289K
Total assetsPt X · Ln 16$1.6M
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

1 program service account for $877K of program spending, described in the organization's own filed words · FY2023.
01

Red Panda Network started in 2006, when we realized that little was beingdone to protect red panda and its habitat. We began with the idea that,given the opportunity, local villagers would choose protection overexploitation of their natural resources.We tested this theory out throughour forest guardian monitoring program,training 14…

$877Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRed Panda Network
EINHdr · item D26-1103671
Principal addressHdr · item CEugene, OR
WebsiteHdr · item Jwww.redpandanetwork.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFAnimals (D31)
Ruling yearIRS BMFApr 2010

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Board Admin
$0Pt VII · Sec A
See Red Panda Network executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$1.2M · 98%
Investment income$19K · 2%
Contributions & grants98%$1.2M
Investment income2%$19K
Total revenueLn 12$1.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.05 Fundraising $0.04
Program services91%$877K
Management & general5%$47K
Fundraising4%$37K
Total functional expensesLn 25$961K

Balance Sheet

Part X · end of year
CashLn 1$1.4M
Total assetsLn 16$1.6M
Total liabilitiesLn 26$27K
Total net assetsLn 32$1.6M
Months of cash on handcomputed18.1

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.4M · Operating expenses/yr $961K
18.1 months
Where the money goes
Program services
Program services $877K · Total expenses $961K
91%
Management & General
Management & general $47K · Total expenses $961K
5%
Fundraising
Fundraising $37K · Total expenses $961K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $30K · Solicited contributions (3-yr avg) $1.1M
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.2M · Total revenue $1.2M
98%
Government reliance
Government grants — · Total revenue $1.2M
Earned-income share
Program service revenue $0 · Total revenue $1.2M
0%
Investment reliance
Investment income $19K · Total revenue $1.2M
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $961K
0%
Growth & trend
Revenue growth (YoY)
This year $1.2M · Prior year $1.3M
-1%
Net-asset trend (YoY)
End of year $1.6M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.2M · Expenses $961K
+23%
Liabilities-to-Assets
Total liabilities — · Total assets $1.6M
Net-asset ratio
Net assets $1.6M · Total assets $1.6M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $1.6M
0%
People & payroll
Highest Reported Total Compensation
Individual Nicole Boyd · Reported title Board Member · Highest reported compensation $0 · Total expenses $961K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $447K · Total expenses $961K
47%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 5%
Fundraising cost ratio 3%
Revenue growth -1%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 3%
Fundraising fee ratio 2%

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
See all 14 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)$1.5M revenue · ⤓ 990 PDF
FY2023$1.2M revenue · viewing · ⤓ 990 PDF
FY2022$1.3M revenue · ⤓ 990 PDF
FY2021$887K revenue · ⤓ 990 PDF
FY2020$987K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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