Civic Intelligence

Panda Foundation Inc.

990EZ • Fiscal year 2019 • EIN 65-1011999

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

3302 69th St WBradenton, FL 34209

(941) 713-0610

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

20th percentile

-14%

Higher net margin than 20% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Assets

$22,503

No earlier filing loaded for comparison.

Net Assets

$22,503

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$174,993

No earlier filing loaded for comparison.

Expenses

$199,129

No earlier filing loaded for comparison.

Net Income

-$24,136

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40K$30K$20K$10K$0Assets 2019: $22,503Liabilities 2019: $0Net Assets 2019: $22,5032019Assets 2020: $34,726Liabilities 2020: $0Net Assets 2020: $34,7262020Assets 2021: $34,862Liabilities 2021: $1,175Net Assets 2021: $33,6872021

Highlighted filing

2019

Assets$22,503
Liabilities$0
Net Assets$22,503

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2019: $174,993Expenses 2019: $199,129Net Income 2019: -$24,1362019Revenue 2020: $65,008Expenses 2020: $52,785Net Income 2020: $12,2232020Revenue 2021: $5,718Expenses 2021: $7,932Net Income 2021: -$2,2142021

Highlighted filing

2019

Revenue$174,993
Expenses$199,129
Net Income-$24,136
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.0
Gross Receipts
$174,993
Mission and Program Overview

Mission

See sch o for organization primary exempt purpose

Our mission is twofold: first,to help children by intervening in their lives and facilitating their successful futures, using tennis as the hook. Literacy, reading, proper nutrition and education are our missions primary focal points, but we address needs of the entire family to ensure success. Second, to provide the training and resources to help those youngsters that aspire to professional tennis careers. Our partnership with the bollettieri tennis and learning program (btl) has achieved phenomenal success by our collaboration with the university of south florida.

Program Services

DescriptionGrantsExpenses
WE PROVIDE CHILDREN WITH EDUCATIONAL MATERIAL, MENTORING, AND TRAINING SEMINARS USING TENNIS AS THE VEHICLE TO DELIVER THESE SERVICES. OUR SERVICE INCLUDES ITEMS CRITICAL TO SUCCESS LIKE TUTORING, GUIDANCE, AND MEDICAL SUPPORT TO ADDRESS THE ISSUE OF CHILDHOOD OBESITY AND DIABETES. WE PROVIDE FAMILIES WITH CHILD CARE ALTERNATIVES, EMPLOYMENT SKILLS, HEALTH AND NUTRITION EDUCATION, PARENTING TRAINING AND RECREATION.$121,836$175,336
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT DAVISPresident-$0--
Filing and Contact Details

Filer

Filer Name
Panda Foundation Inc
EIN
65-1011999
Phone
9417130610
Address
3302 69TH ST W, BRADENTON, FL 34209

Signing Officer

Name
Robert Davis
Title
President
Phone
9417130610
Signed
2020-11-16
Discuss with paid preparer
Yes

Preparer

Firm
Kb Accounting & Tax Services LLC
Address
PO BOX 1887, BRADENTON, FL 34206-1887
Preparer
Kerri L Blenker
Phone
8335221040
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Name: bollettieri tennis and learning address: 3643 cortez road, ste 150 bradenton, fl 34210 cash contribution: 120,580

Form 990-ez, Part I, Line 16

Expenses advertising & promotional exp 8,714 office expense & supplies 5,794 travel 4,417 insurance 1,901 bank charges 12 certifications 2,950 dues & subscriptions 348 licenses 61 meeting expense 1,001 outside prof services 250 repairs & maintenance 9,106 supplies & equipment 2,519 website marketing 707 taxes 500 non-investment depreciation 5,961 total 44,241

Form 990-ez, Part I, Line 20

Book / tax depreciation difference 5,797

Form 990-ez, Part II, Line 24

Furniture & equipment 0 5,961 less accumulated depreciation 0 164 total 0 5,797

Form 990-ez, Part III

Our mission is twofold: first,to help children by intervening in their lives and facilitating their successful futures, using tennis as the hook. Literacy, reading, proper nutrition and education are our missions primary focal points, but we address needs of the entire family to ensure success. Second, to provide the training and resources to help those youngsters that aspire to professional tennis careers. Our partnership with the bollettieri tennis and learning program (btl) has achieved phenomenal success by our collaboration with the university of south florida.

Form 990-ez, Part III, Line 28

We provide children with educational material, mentoring, and training seminars using tennis as the vehicle to deliver these services. Our service includes items critical to success like tutoring, guidance, and medical support to address the issue of childhood obesity and diabetes. We provide families with child care alternatives, employment skills, health and nutrition education, parenting training and recreation.

Raw XML Appendix125 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/PrimaryExemptPurposeTxt0OUR MISSION IS TWOFOLD: FIRST,TO HELP CHILDREN BY INTERVENING IN THEIR LIVES AND FACILITATING THEIR SUCCESSFUL FUTURES, USING TENNIS AS THE HOOK. LITERACY, READING, PROPER NUTRITION AND EDUCATION ARE OUR MISSIONS PRIMARY FOCAL POINTS, BUT WE ADDRESS NEEDS OF THE ENTIRE FAMILY TO ENSURE SUCCESS. SECOND, TO PROVIDE THE TRAINING AND RESOURCES TO HELP THOSE YOUNGSTERS THAT ASPIRE TO PROFESSIONAL TENNIS CAREERS. OUR PARTNERSHIP WITH THE BOLLETTIERI TENNIS AND LEARNING PROGRAM (BTL) HAS ACHIEVED PHENOMENAL SUCCESS BY OUR COLLABORATION WITH THE UNIVERSITY OF SOUTH FLORIDA.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NAME: BOLLETTIERI TENNIS AND LEARNING ADDRESS: 3643 CORTEZ ROAD, STE 150 BRADENTON, FL 34210 CASH CONTRIBUTION: 120,580
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING & PROMOTIONAL EXP 8,714 OFFICE EXPENSE & SUPPLIES 5,794 TRAVEL 4,417 INSURANCE 1,901 BANK CHARGES 12 CERTIFICATIONS 2,950 DUES & SUBSCRIPTIONS 348 LICENSES 61 MEETING EXPENSE 1,001 OUTSIDE PROF SERVICES 250 REPAIRS & MAINTENANCE 9,106 SUPPLIES & EQUIPMENT 2,519 WEBSITE MARKETING 707 TAXES 500 NON-INVESTMENT DEPRECIATION 5,961 TOTAL 44,241
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FURNITURE & EQUIPMENT 0 5,961 LESS ACCUMULATED DEPRECIATION 0 164 TOTAL 0 5,797
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OUR MISSION IS TWOFOLD: FIRST,TO HELP CHILDREN BY INTERVENING IN THEIR LIVES AND FACILITATING THEIR SUCCESSFUL FUTURES, USING TENNIS AS THE HOOK. LITERACY, READING, PROPER NUTRITION AND EDUCATION ARE OUR MISSIONS PRIMARY FOCAL POINTS, BUT WE ADDRESS NEEDS OF THE ENTIRE FAMILY TO ENSURE SUCCESS. SECOND, TO PROVIDE THE TRAINING AND RESOURCES TO HELP THOSE YOUNGSTERS THAT ASPIRE TO PROFESSIONAL TENNIS CAREERS. OUR PARTNERSHIP WITH THE BOLLETTIERI TENNIS AND LEARNING PROGRAM (BTL) HAS ACHIEVED PHENOMENAL SUCCESS BY OUR COLLABORATION WITH THE UNIVERSITY OF SOUTH FLORIDA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5WE PROVIDE CHILDREN WITH EDUCATIONAL MATERIAL, MENTORING, AND TRAINING SEMINARS USING TENNIS AS THE VEHICLE TO DELIVER THESE SERVICES. OUR SERVICE INCLUDES ITEMS CRITICAL TO SUCCESS LIKE TUTORING, GUIDANCE, AND MEDICAL SUPPORT TO ADDRESS THE ISSUE OF CHILDHOOD OBESITY AND DIABETES. WE PROVIDE FAMILIES WITH CHILD CARE ALTERNATIVES, EMPLOYMENT SKILLS, HEALTH AND NUTRITION EDUCATION, PARENTING TRAINING AND RECREATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
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Filings