Pacific & Main EIN 81-1824739

Pacific & Main FY2020 filing

EIN  81-1824739 Supporting organization St Vincent, MN Founded 2016
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Sells goods and hosts events like walk-a-thons to fund secondary education.
Leadership
Jonathan Symington · Finance Director
Money in and out
$193K revenue, $176K expenses
Bottom line
+9% net inflow

Sells goods and hosts events like walk-a-thons to fund secondary education. For fiscal year 2020 it reported $193K in revenue, $176K in expenses, and $695K in net assets.Pt I

Money in and out · FY2020
Total revenue
$193K
Pt VIII · Ln 12
Total expenses
$176K
Pt IX · Ln 25
Net assets
$695K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $17K
Where spending went · Part IX cols B–D
Program services $0.56 Management & general $0.35 Fundraising $0.09
Net inflow
+9%
revenue over expenses, this year
Pass-through gifts
0%
of revenue from contributions
Program spending
56%
of expenses reach stated programs

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$193K
FY2020
Expenses
$176K
FY2020
Total assets
$737K
FY2020
Total liabilities
$42K
FY2020
Total revenue
$193K
Pt VIII · Ln 12
Total expenses
$176K
Pt IX · Ln 25
Net assets
$695K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$17K
Total assetsPt X · Ln 16$737K
Program-expense ratioPt IX · col B56%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $98K of program spending, described in the organization's own filed words · FY2020.
01

Allocate support for secondary education

$98Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPacific & Main
EINHdr · item D81-1824739
Principal addressHdr · item CSt Vincent, MN
WebsiteHdr · item Jpacificandmain.com
Year of formationHdr · item L2016
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P29)
Ruling yearIRS BMFAug 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Finance Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Co-Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Other revenue$166K · 86%
Investment income$27K · 14%
Other revenue86%$166K
Investment income14%$27K
Total revenueLn 12$193K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.56 Management & general $0.35 Fundraising $0.09
Program services56%$98K
Management & general35%$62K
Fundraising9%$16K
Total functional expensesLn 25$176K

Balance Sheet

Part X · end of year
CashLn 1$89K
Total assetsLn 16$737K
Total liabilitiesLn 26$42K
Total net assetsLn 32$695K
Months of cash on handcomputed6.1

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $89K · Operating expenses/yr $176K
6.1 months
Where the money goes
Program services
Program services $98K · Total expenses $176K
56%
Management & General
Management & general $62K · Total expenses $176K
35%
Fundraising
Fundraising $16K · Total expenses $176K
9%
Cost to raise $1
Fundraising expense $16K · Solicited contributions $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $193K
0%
Government reliance
Government grants — · Total revenue $193K
Earned-income share
Program service revenue $0 · Total revenue $193K
0%
Investment reliance
Investment income $27K · Total revenue $193K
+14%
Program self-sufficiency
Program service revenue $0 · Total expenses $176K
0%
Growth & trend
Revenue growth (YoY)
This year $193K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $695K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $193K · Expenses $176K
+9%
Liabilities-to-Assets
Total liabilities — · Total assets $737K
Net-asset ratio
Net assets $695K · Total assets $737K
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $737K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jonathan Symington · Reported title FINANCE DIRECTOR · Highest reported compensation $0 · Total expenses $176K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $176K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 56%
Overhead ratio 35%

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 · FY2023
Total grants receivedfrom 1 funder$29
Grants paid · 6 grants · $660K · 2020–2025
Sterling North Pembina CampusMN · FY2025$126,000
Sterling North Pembina CampusMN · FY2024$119,000
Sterling North Pembina CampusMN · FY2023$102,000
Sterling North Pembina CampusMN · FY2022$124,600

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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)$192K revenue · ⤓ 990 PDF
FY2024$244K revenue · ⤓ 990 PDF
FY2023$337K revenue · ⤓ 990 PDF
FY2022$468K revenue · ⤓ 990 PDF
FY2021$369K revenue · ⤓ 990 PDF
FY2020$193K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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