Panhandle Alliance for Education INC EIN 61-1416176

Panhandle Alliance for Education INC

EIN  61-1416176 Public charity (501(c)(3)) Sandpoint, ID Founded 2002
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Supports Lake Pend Oreille schools through an endowment for teaching, learning, and management.
Leadership
Kendon Perry · Presidentexecutive Committee
Money in and out
$914K revenue, $774K expenses
Bottom line
82% program efficiency

Supports Lake Pend Oreille schools through an endowment for teaching, learning, and management. For fiscal year 2024 it reported $914K in revenue, $774K in expenses, and $6.4M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$914K
Pt VIII · Ln 12
Total expenses
$774K
Pt IX · Ln 25
Net assets
$6.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $139K
Where spending went · Part IX cols B–D
Program services $0.82 Management & general $0.07 Fundraising $0.11
Program efficiency
82%
of spending reaches programs▲ +1% vs prior filing year
Operating runway
11.7mo
months of highly liquid reserves at operating expense rate▲ +19% vs prior filing year
Surplus margin
+15%
revenue over expenses, this year▼ -26% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$914K
FY2024▲ +6%
Expenses
$774K
FY2024▲ +13%
Total assets
$6.4M
FY2024▲ +12%
Total liabilities
$49K
FY2024▲ +106%
Total revenue
$914K
Pt VIII · Ln 12
Total expenses
$774K
Pt IX · Ln 25
Net assets
$6.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$139K
Total assetsPt X · Ln 16$6.4M
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 325
Independent voting membersPt I · Ln 425
Mission & Programs · Part III

Where the work happens

3 program services account for $595K of program spending, described in the organization's own filed words · FY2024.
01

District-wide Strategic Programs are collaborative efforts between the Lake Pend Oreille School District (LPOSD) and Panhandle Alliance for Education (PAFE) to address specific district needs. Program requests are submitted by the LPOSD Superintendent and reviewed by the PAFE Executive Committee.

$237Kprogram expense
02

Community Education and Awareness. The Panhandle Alliance for Education created this program to help inform our local residents about important information regarding education in our community. The program includes both subscription services to a quarterly newsletter, social media postings and a website blog.

$185Kprogram expense
03

Panhandle Alliance for Education (PAFE) awards Teacher Grants annually to educators who compete for available funding based on criteria such as innovation, collaboration, educational impact, and a cost-benefit analysis.

$172Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPanhandle Alliance for Education INC
EINHdr · item D61-1416176
Principal addressHdr · item CSandpoint, ID
WebsiteHdr · item Jwww.panhandlealliance.org
Year of formationHdr · item L2002
State of legal domicileHdr · item MID
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B12)
Ruling yearIRS BMFMar 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a25
Independent voting membersPt VI · Ln 1b25
Conflict-of-interest policyPt VI · Ln 12aYes
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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Presidentexecutive Committee
$0Pt VII · Sec A
Vice-Presidentexecutive Committee
$0Pt VII · Sec A
Secretaryexecutive Committee
$0Pt VII · Sec A
Treasurerexecutive Committee
$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
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Statement of Revenue

Part VIII
Contributions & grants$938K · 103%
Investment income$29K · 3%
Contributions & grants103%$938K
Investment income3%$29K
Total revenueLn 12$914K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.07 Fundraising $0.11
Program services82%$634K
Management & general7%$53K
Fundraising11%$87K
Total functional expensesLn 25$774K

Balance Sheet

Part X · end of year
CashLn 1$729K
Total assetsLn 16$6.4M
Total liabilitiesLn 26$49K
Total net assetsLn 32$6.4M
Months of cash on handcomputed11.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $729K · Operating expenses (Pt IX) $774K · Less non-cash grants $25K · Cash operating expenses/yr $750K
11.7 months
Where the money goes
Program services
Program services $634K · Total expenses $774K
82%
Management & General
Management & general $53K · Total expenses $774K
7%
Fundraising
Fundraising $87K · Total expenses $774K
11%
Cost to raise $1
Fundraising expense (3-yr avg) $83K · Solicited contributions (3-yr avg) $640K
$0.13 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $938K · Total revenue $914K
103%
Government reliance
Government grants — · Total revenue $914K
Earned-income share
Program service revenue $0 · Total revenue $914K
0%
Investment reliance
Investment income $29K · Total revenue $914K
+3%
Program self-sufficiency
Program service revenue $0 · Total expenses $774K
0%
Growth & trend
Revenue growth (YoY)
This year $914K · Prior year $864K
+6%
Revenue CAGR
FY2019 $696K · FY2024 $914K
+6%
Net-asset trend (YoY)
End of year $6.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $914K · Expenses $774K
+15%
Liabilities-to-Assets
Total liabilities — · Total assets $6.4M
Net-asset ratio
Net assets $6.4M · Total assets $6.4M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $6.4M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kendon Perry · Reported title PresidentExecutive Committee · Highest reported compensation $0 · Total expenses $774K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $125K · Total expenses $774K
16%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 82%
Overhead ratio 7%
Fundraising cost ratio 9%
Revenue growth 6%

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 · FY2024
See all 9 funders →
Grants paid · 16 grants · $1.7M · 2019–2024
Lake Pend Oreille School DistrictFY2024$172,095
Lake Pend Oreille School DistrictFY2024$107,693
Lake Pend Oreille School DistrictFY2024$40,000
Lake Pend Oreille School DistrictFY2023$90,000
Lake Pend Oreille School DistrictFY2023$84,614
Lake Pend Oreille School DistrictFY2023$46,600
Lake Pend Oreille School DistrictFY2022$203,700
Lake Pend Oreille School DistrictFY2022$100,350
Lake Pend Oreille School DistrictFY2022$88,600
Lake Pend Oreille School DistrictFY2021$130,000
Lake Pend Oreille School DistrictFY2021$97,506
Lake Pend Oreille School DistrictFY2020$100,659
Lake Pend Oreille School DistrictFY2020$100,000
Lake Pend Oreille School DistrictFY2019$150,000
Lake Pend Oreille School DistrictFY2019$106,902
Lake Pend Oreille School DistrictFY2019$34,000

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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
FY2024$864K revenue · ⤓ 990 PDF
FY2023$717K revenue · ⤓ 990 PDF
FY2022$809K revenue · ⤓ 990 PDF
FY2021$502K revenue · ⤓ 990 PDF
FY2020$696K 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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