Pacda INC EIN 47-4574604

Pacda INC FY2023 filing

EIN  47-4574604 Public charity (501(c)(3)) Lake Forest, CA Founded 2015
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowers art dancers by creating opportunities for their careers.
Leadership
Qier Pan · President
Money in and out
$278K revenue, $223K expenses
Bottom line
100% program efficiency

Empowers art dancers by creating opportunities for their careers. For fiscal year 2023 it reported $278K in revenue, $223K in expenses, and $78K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$278K
Pt VIII · Ln 12
Total expenses
$223K
Pt IX · Ln 25
Net assets
$78K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $56K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
6.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+20%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$278K
FY2023▲ +9%
Expenses
$223K
FY2023▼ -6%
Total assets
$116K
FY2023▲ +107%
Total liabilities
$38K
FY2023▲ +13%
Total revenue
$278K
Pt VIII · Ln 12
Total expenses
$223K
Pt IX · Ln 25
Net assets
$78K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$56K
Total assetsPt X · Ln 16$116K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 31
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $223K of program spending, described in the organization's own filed words · FY2023.
01

Pacda was founded to creted opportunities in the performing arts between chinese dancers and teachers in the united states and dance professionals in china.

$223Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPacda INC
EINHdr · item D47-4574604
Principal addressHdr · item CLake Forest, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2015
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A62)
Ruling yearIRS BMFSep 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a1
Independent voting membersPt VI · Ln 1bpending
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$271K · 97%
Contributions & grants$7K · 3%
Program service revenue97%$271K
Contributions & grants3%$7K
Total revenueLn 12$278K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$223K
Total functional expensesLn 25$223K

Balance Sheet

Part X · end of year
CashLn 1$116K
Total assetsLn 16$116K
Total liabilitiesLn 26$38K
Total net assetsLn 32$78K
Months of cash on handcomputed6.2

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $116K · Operating expenses/yr $223K
6.2 months
Where the money goes
Program services
Program services $223K · Total expenses $223K
100%
Management & General
Management & general $0 · Total expenses $223K
0%
Fundraising
Fundraising $0 · Total expenses $223K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $38K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $7K · Total revenue $278K
3%
Government reliance
Government grants — · Total revenue $278K
Earned-income share
Program service revenue $271K · Total revenue $278K
97%
Investment reliance
Investment income $0 · Total revenue $278K
0%
Program self-sufficiency
Program service revenue $271K · Total expenses $223K
122%
Growth & trend
Revenue growth (YoY)
This year $278K · Prior year $255K
+9%
Net-asset trend (YoY)
End of year $78K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $278K · Expenses $223K
+20%
Liabilities-to-Assets
Total liabilities — · Total assets $116K
Net-asset ratio
Net assets $78K · Total assets $116K
67%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $116K
0%
People & payroll
Highest Reported Total Compensation
Individual Qier Pan · Reported title President · Highest reported compensation $0 · Total expenses $223K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $223K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth 9%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
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 · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$2K
Grants paid · 1 grant · $6K · 2025–2025
Arts Orange CountyFY2025$6,000

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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
FY2025 (Latest)$313K revenue · ⤓ 990 PDF
FY2024$205K revenue · ⤓ 990 PDF
FY2023$278K revenue · viewing · ⤓ 990 PDF
FY2022$255K revenue · ⤓ 990 PDF
FY2021$180K revenue · ⤓ 990 PDF
FY2020$86K 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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