Pasacat INC EIN 95-3385375 Form 990 (PDF) Claim this org

Pasacat INC

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Preserves Asian Pacific cultures to foster goodwill and understanding. For fiscal year 2025 it reported $109K in revenue, $137K in expenses, and $310K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
National City, CA
Website
www.pasacat.org
Filings
6 on file (2020–2025)
Revenue
$109KFY2025
Expenses
$137K
Net assets
$310K
People
5
Filings
6
Updates
0
More identity details & actions ⌄
EIN  95-3385375 Public charity (501(c)(3)) National City, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Preserves Asian Pacific cultures to foster goodwill and understanding.
Leadership
Anamaria Cabato · Executive Director Administrative
Money in and out
$109K revenue, $137K expenses
Bottom line
21.1mo operating runway
Where the money goes · FY2025
Total revenue
$109K
Pt VIII · Ln 12
Total expenses
$137K
Pt IX · Ln 25
Net assets
$310K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$27K
Where spending went · Part IX cols B–D
Program services $0.30
Operating runway
21.1mo
months of highly liquid reserves at operating expense rate▼ -35% vs prior filing year
Surplus margin
-25%
revenue over expenses, this year▼ -213% vs prior filing year
Revenue trend
+7%
avg. annual growth over 5 years▼ -63% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$109K
FY2025▼ -31%
Expenses
$137K
FY2025▲ +34%
Total assets
$310K
FY2025▲ +4%
Total liabilities
$0
FY2025
Total revenue
$109K
Pt VIII · Ln 12
Total expenses
$137K
Pt IX · Ln 25
Net assets
$310K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$27K
Total assetsPt X · Ln 16$310K
Program-expense ratioPt IX · col B30%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPasacat INC
EINHdr · item D95-3385375
Principal addressHdr · item CNational City, CA
WebsiteHdr · item Jwww.pasacat.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A20)
Ruling yearIRS BMFSep 1979

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a
Whistleblower policyPt VI · Ln 13
Document retention policyPt VI · Ln 14
CEO/top-official compensation independently reviewedPt VI · Ln 15a
Family or business relationships among officers/directorsPt VI · Ln 2

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director Administrative
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Rpesident
$0Pt VII · Sec A

Anamaria Cabato’s $6K as Executive Director Administra is at the 5th percentile of top reported officer pay among 2213 $100K–1M arts & culture 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

NameFY2023FY2021
Anamaria Cabato$5,700$5,000

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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Mission & Programs · Part III

Where the work happens

3 program services account for $48K of program spending, described in the organization's own filed words · FY2023.
01

The pasacat center provides a cultural arts hub to foster robust cultural consciousness with the san diego regional community.

$33Kprogram expense
02

So Sarap Festival is a unique cultural experience presenting a world-class celebration of Philippine and Filipino American arts, culture and history.

$10Kprogram expense
03

Junior Concert

Traditional philippine dance featuring chiildren & young adults. This concert promotes goowill, closeness,and understanding to all viewers of the young children.

$5Kprogram expense

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Statement of Revenue

Part VIII
Other revenue$77K · 70%
Contributions & grants$32K · 30%
Other revenue70%$77K
Contributions & grants30%$32K
Total revenueLn 12$109K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.30
Program services30%$42K
Total functional expensesLn 25$137K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$310K
Total liabilitiesLn 26$0
Total net assetsLn 32$310K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $241K · Operating expenses/yr $137K
21.1 months
Where the money goes
Program services
not reported
Management & General
not reported
Fundraising
not reported
Cost to raise $1
not reported
Where the money comes from
Contribution dependence
Contributions & grants $32K · Total revenue $109K
30%
Government reliance
not reported
Earned-income share
Program service revenue $73K · Total revenue $109K
67%
Investment reliance
Investment income $9K · Total revenue $109K
+8%
Program self-sufficiency
Program service revenue $73K · Total expenses $137K
53%
Growth & trend
Revenue growth (YoY)
This year $109K · Prior year $160K
-31%
Revenue CAGR
FY2020 $77K · FY2025 $109K
+7%
Net-asset trend (YoY)
End of year $310K · Beginning of year $404K
-23%
Balance sheet
Surplus Margin
Revenue $109K · Expenses $137K
-25%
Liabilities-to-Assets
Total liabilities $0 · Total assets $310K
0%
Net-asset ratio
Net assets $310K · Total assets $310K
100%
People & payroll
Highest Reported Total Compensation
Individual Anamaria Cabato · Reported title EXECUTIVE DIRECTOR ADMINISTRATIVE · Highest reported compensation $0 · Total expenses $137K
0%
Personnel share
Salaries & benefits — · Total expenses $137K
Form 990-EZ bundles compensation — not comparable to full-990 filers
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 30%
Revenue growth -31%

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 · FY2025
Total grants receivedfrom 1 funder$10K

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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)$109K revenue · viewing · ⤓ 990 PDF
FY2024$160K revenue · ⤓ 990 PDF
FY2023$264K revenue · ⤓ 990 PDF
FY2022$202K revenue · ⤓ 990 PDF
FY2021$64K revenue · ⤓ 990 PDF
FY2020$77K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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