Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $196,021

• 1e · Government grants (contributions)

  $149,717,276

• 1f · All other contributions, gifts and grants

  $3,665,235

• 2a · Program service revenue: PROJECT INCOME

  total $775,937 · related or exempt $775,937

• 3 · Investment income

  total $200,988 · excluded $200,988

• 6a · Gross rents

  real property $889,178

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $889,178

• 6d · Net rental income or loss

  total $889,178 · excluded $889,178

• 7a · Gross sales of assets other than inventory

  securities $148,514 · other assets $13,588

• 7b · Less cost or other basis and sales expenses

  securities $106,276 · other assets $0

• 7c · Gain or loss

  securities $42,238 · other assets $13,588

• 7d · Net gain or loss

  total $55,826 · excluded $55,826

• 11a · Other revenue: AFFILIATE ADMIN COST

  total $596,944 · related or exempt $596,944

• 11b · Other revenue: MISCELLANEOUS INCOME

  total $212,673 · excluded $212,673

• 11e · Other revenue, total

  $809,617

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $21,856,548 · program services $21,856,548

• 3 · Grants to foreign organizations and individuals

  total $47,328,397 · program services $47,328,397

• 5 · Compensation of officers, directors and key employees

  total $3,559,506 · program services $874,959 · management and general $2,684,547

• 7 · Other salaries and wages

  total $36,439,057 · program services $26,156,251 · management and general $10,281,169 · fundraising $1,637

• 8 · Pension plan contributions

  total $3,239,956 · program services $2,031,087 · management and general $1,208,869

• 9 · Other employee benefits

  total $7,388,287 · program services $5,895,520 · management and general $1,486,557 · fundraising $6,210

• 10 · Payroll taxes

  total $1,841,576 · program services $1,092,175 · management and general $749,401

• 11b · Fees: legal

  total $129,472 · program services $99,240 · management and general $30,232

• 11c · Fees: accounting

  total $313,555 · program services $88,199 · management and general $225,356

• 11f · Fees: investment management

  total $16,000 · management and general $16,000

• 11g · Fees: other

  total $7,918,829 · program services $6,836,305 · management and general $1,082,524

• 13 · Office expenses

  total $1,260,714 · program services $1,092,282 · management and general $167,384 · fundraising $1,048

• 14 · Information technology

  total $1,770,249 · program services $729,816 · management and general $1,040,433

• 16 · Occupancy

  total $5,515,395 · program services $1,951,595 · management and general $3,563,800

• 17 · Travel

  total $4,199,479 · program services $3,577,403 · management and general $622,076

• 19 · Conferences, conventions and meetings

  total $7,432,820 · program services $7,304,956 · management and general $127,864

• 20 · Interest

  total $16,466 · program services $105 · management and general $16,361

• 22 · Depreciation, depletion and amortization

  total $273,521 · management and general $273,521

• 23 · Insurance

  total $532,733 · program services $144,717 · management and general $388,016

• 24a · Other expenses: VEHICLE EXPENSE

  total $1,731,950 · program services $1,728,909 · management and general $3,041

• 24b · Other expenses: EQUIPMENT

  total $1,174,856 · program services $1,138,153 · management and general $36,703

• 24c · Other expenses: RECRUITMENT

  total $194,217 · program services $107,824 · management and general $86,393

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $29,416,420 · end of year $25,863,640

• 3 · Pledges and grants receivable

  beginning of year $5,247,095 · end of year $12,748,842

• 4 · Accounts receivable

  beginning of year $79,755

• 7 · Other notes and loans receivable

  beginning of year $209,058 · end of year $2,922,805

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,772,655 · end of year $993,422

• 10a · Land, buildings and equipment: cost or other basis

  $6,778,491

• 10b · Land, buildings and equipment: accumulated depreciation

  $5,161,440

• 10c · Land, buildings and equipment, net

  beginning of year $1,877,872 · end of year $1,617,051

• 11 · Investments: publicly traded securities

  beginning of year $2,871,050 · end of year $3,064,383

• 12 · Investments: other securities

  beginning of year $27,591

• 15 · Other assets

  beginning of year $498,054 · end of year $19,483,923

• 17 · Accounts payable and accrued expenses

  beginning of year $16,691,044 · end of year $14,324,967

• 19 · Deferred revenue

  beginning of year $7,995,420 · end of year $10,607,910

• 23 · Secured mortgages and notes payable

  beginning of year $7,856 · end of year $2,000,000

• 25 · Other liabilities

  beginning of year $6,192,833 · end of year $28,306,951

• 27 · Net assets without donor restrictions

  beginning of year $10,262,663 · end of year $7,476,035

• 28 · Net assets with donor restrictions

  beginning of year $849,734 · end of year $3,978,203

The filer's explanations (Part III)

PART I, LINE 1:

PACT MAY PROVIDE A HOUSING ALLOWANCE TO ENSURE EXPATRIATE STAFF HAVE ACCESS TO MODEST HOUSING IN A SAFE ENVIRONMENT. THIS ALLOWANCE INCLUDES TAXES, INSURANCE, AND FEES; AND OTHER ALLOWABLE AND APPROVED EXPENSES OF STATE STANDARD REGULATIONS TO DETERMINE REASONABLENESS FOR PURPOSES QUALIFIED STAFF IS WORKING

PART I, LINE 4A:

THE FOLLOWING INDIVIDUALS RECEIVED SEVERANCE PAYMENTS DURING 2022: MATTHEW CULLINEN: $26,881 ALAN BROOKS: $36,450

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• PACT VENTURES

  TO SUPPORT PACT INC. · DC · income $0 · assets $0

  Directly controlled by PACT INC