Liabilities / Assets
3rd percentile
Tied with the lowest-debt nonprofits in its peer group.
990 • Fiscal year 2022 • EIN 81-2094929
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
3rd percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
3rd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
26th percentile
Higher net margin than 26% of similar nonprofits.
Top Officer Pay
6th percentile
Higher top officer pay than 6% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
48th percentile
Faster asset growth than 48% of similar nonprofits.
Revenue Growth
51st percentile
Faster revenue growth than 51% of similar nonprofits.
Assets
Down$36,826,962
Down $545,110 (-1.5%) from 2021
Net Assets
Down$36,826,962
Down $545,110 (-1.5%) from 2021
Liabilities
Flat$0
Flat from 2021
Revenue
Up$47,491,935
Up $2,040,217 (+4.5%) from 2021
Expenses
Down$48,041,939
Down $5,155,974 (-9.7%) from 2021
Net Income
Up-$550,004
Up $7,196,191 (+93%) from 2021
Panda cares brings hope to youth in need. Our purpose is to serve the health and education needs of underserved youth and to foster the spirit of giving.
Brings hope & serves underserved youth health/education needs & fosters spirit of giving. Panda cares brings hope to youth in need. Our purpose is to serve the health and education needs of underserved youth and to foster the spirit of giving. Among other things, panda cares foundation, inc. Places collection boxes at panda express restaurants in various states, in which customers are encouraged to donate their change.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $37,372,072 | $36,826,962 | ▼ $545,110 |
| Rtn Earn Endowment Incm Other Fnds | $37,372,072 | $36,826,962 | ▼ $545,110 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $37,372,072 | $36,826,962 | ▼ $545,110 |
| Liabilities | |||
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $37,372,072 | $36,826,962 | ▼ $545,110 |
| Total Liabilities and Net Assets / Fund Balance | $37,372,072 | $36,826,962 | ▼ $545,110 |
| Name | Title |
|---|---|
| Andrew Jin-chan Cherng | Director |
| Dennis Burke | Director |
| Peggy Tsiang Cherng | Pres. & Treas. & Direc. |
| Winnie Chan | Secretary |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $46,668,576 |
| Other Expenses | $1,373,363 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $46,668,576 | - | - | $46,668,576 |
| Fees for Services Legal | - | $109,424 | - | $109,424 |
| Other Expenses | $241,248 | $1,881 | - | $1,881 |
| All Other Expenses | $767 | $800 | - | $1,567 |
| Total Functional Expenses | $47,872,560 | $169,379 | $0 | $48,041,939 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $50,762,303 |
| Total Expenses per Audited Statements | $50,762,303 |
| Total Expenses per Form 990 | $48,041,939 |
| Expenses Not Reported on Form 990 | $0 |
| Expenses Not Reported on Financial Statements | $-2,720,364 |
| Other Expense Adjustments | $-2,720,364 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| See List | Las Vegas, NV | See List | See List | $46,668,576 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Andrew j. Cherng & peggy t. Cherng are husband and wife.”
“The preliminary information/data for the 990 is gathered, calculated, and compiled by the accounting team within the panda cares foundation. Once gathered, the information is then sent to its tax preparer, dennis lee & associates, to prepare the form 990. Once the draft form 990 is completed, it will be forwarded to the accounting team of panda cares foundation for their review and comments. Upon completion of the initial review, the form 990 is then sent to the directors of the board for their review. If there are any changes or questions on form 990, it is then sent back to the accounting firm for further clarifications and revisions. Upon approval from the board of directors, the final form 990 is then filed with the internal revenue service. The directors will then make a presentation at the next board of directors meeting to update the full board regarding the review of the form 990.”
“In connection with the review of each grant proposal and charitable donation, the foundation consistently checks and verifies that there are no conflicts of interest between the foundation and the disqualified persons.”
“The foundation's following governing documents are available upon request at the organization's main office during normal business hours. The audited financial statements and the public disclosure copy of the form 990 are also available upon request at the main office: tax exemption application (form 1023) internal revenue service determination letter articles of incorporation by-laws”
“Prior period adjustment 4,894.”
“Panda cares foundation, inc. Applies asc topic 740-10, accounting for uncertainty in income taxes, which prescribes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. For the years ended december 31, 2022, 2021, 2020, 2019, and 2018, panda cares foundation, inc. Had no material uncertain tax positions to be accounted for in the financial statements. Panda cares foundation, inc. Recognizes interest and penalties, if any, related to unrecognized tax benefits in interest expense. Panda cares foundation, inc. Is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.”
“Accrual to cash adjustment”
“Accrual to cash adjustment”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | BRINGS HOPE & SERVES UNDERSERVED YOUTH HEALTH/EDUCATION NEEDS & FOSTERS SPIRIT OF GIVING. PANDA CARES BRINGS HOPE TO YOUTH IN NEED. OUR PURPOSE IS TO SERVE THE HEALTH AND EDUCATION NEEDS OF UNDERSERVED YOUTH AND TO FOSTER THE SPIRIT OF GIVING. AMONG OTHER THINGS, PANDA CARES FOUNDATION, INC. PLACES COLLECTION BOXES AT PANDA EXPRESS RESTAURANTS IN VARIOUS STATES, IN WHICH CUSTOMERS ARE ENCOURAGED TO DONATE THEIR CHANGE. |
| IRS990/AllOtherContributionsAmt | 0 | 46619846 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 800 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 767 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 1567 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | WINNIE CHAN |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6263728205 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1120 N TOWN CENTER DR SUITE 150 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | LAS VEGAS |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NV |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 89144 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 37372072 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 36826962 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 46619846 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 46668576 |
| IRS990/CYInvestmentIncomeAmt | 0 | 872089 |
| IRS990/CYOtherExpensesAmt | 0 | 1373363 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -550004 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 48041939 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 47491935 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | GENERAL GRANTS. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExcsTaxSect4951Or4952Or4953Ind | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 43768576 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 109424 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 109424 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 25.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | ANDREW JIN-CHAN CHERNG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | PEGGY TSIANG CHERNG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | DENNIS BURKE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | WINNIE CHAN |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | PRES. & TREAS. & DIREC. |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2016 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | -88791 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GrantAmt | 0 | 43769342 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 46668576 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 46668576 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 6006154 |
| IRS990/GrossReceiptsAmt | 0 | 53586880 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 960880 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 960880 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | NV |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 6094945 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | PANDA CARES BRINGS HOPE TO YOUTH IN NEED. OUR PURPOSE IS TO SERVE THE HEALTH AND EDUCATION NEEDS OF UNDERSERVED YOUTH AND TO FOSTER THE SPIRIT OF GIVING. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 37372072 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 36826962 |
| IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt | 0 | -88791 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -88791 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 4894 |
| IRS990/OtherExpensesGrp/Desc | 0 | FUNDRAISING EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 1 | PROGRAM EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 2 | BANK CHARGES |
| IRS990/OtherExpensesGrp/Desc | 3 | LICENSE & PERMIT |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 57274 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 1881 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 961969 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 241248 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 961969 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 241248 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 57274 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 1881 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | WINNIE CHAN |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | GOLF |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 4103984 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 2900000 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 5487294 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 44780374 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 51524985 |
| IRS990/PYInvestmentIncomeAmt | 0 | 671344 |
| IRS990/PYOtherExpensesAmt | 0 | 1672928 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -7746195 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 53197913 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 45451718 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -550004 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 41132552 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 37372072 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 36826962 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 46619846 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 44780374 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 41141985 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 55345356 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 44137960 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 232025521 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 872089 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 671344 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 49810 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 289730 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 171537 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 2054510 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.99120 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.99430 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 232025521 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 46619846 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 44780374 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 41141985 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 55345356 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 44137960 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 232025521 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 234080031 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | -2720364 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 50762303 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/OtherExpensesNotIncludedAmt | 0 | -2720364 |
| IRS990ScheduleD/OtherRevenuesNotIncludedAmt | 0 | 35095 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 35095 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 47456840 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | PANDA CARES FOUNDATION, INC. APPLIES ASC TOPIC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FOR THOSE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. FOR THE YEARS ENDED DECEMBER 31, 2022, 2021, 2020, 2019, AND 2018, PANDA CARES FOUNDATION, INC. HAD NO MATERIAL UNCERTAIN TAX POSITIONS TO BE ACCOUNTED FOR IN THE FINANCIAL STATEMENTS. PANDA CARES FOUNDATION, INC. RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE. PANDA CARES FOUNDATION, INC. IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | ACCRUAL TO CASH ADJUSTMENT |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | ACCRUAL TO CASH ADJUSTMENT |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART XI, LINE 4B - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | PART XII, LINE 4B - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 48041939 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 47491935 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 47456840 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ANDREW J. CHERNG & PEGGY T. CHERNG ARE HUSBAND AND WIFE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE PRELIMINARY INFORMATION/DATA FOR THE 990 IS GATHERED, CALCULATED, AND COMPILED BY THE ACCOUNTING TEAM WITHIN THE PANDA CARES FOUNDATION. ONCE GATHERED, THE INFORMATION IS THEN SENT TO ITS TAX PREPARER, DENNIS LEE & ASSOCIATES, TO PREPARE THE FORM 990. ONCE THE DRAFT FORM 990 IS COMPLETED, IT WILL BE FORWARDED TO THE ACCOUNTING TEAM OF PANDA CARES FOUNDATION FOR THEIR REVIEW AND COMMENTS. UPON COMPLETION OF THE INITIAL REVIEW, THE FORM 990 IS THEN SENT TO THE DIRECTORS OF THE BOARD FOR THEIR REVIEW. IF THERE ARE ANY CHANGES OR QUESTIONS ON FORM 990, IT IS THEN SENT BACK TO THE ACCOUNTING FIRM FOR FURTHER CLARIFICATIONS AND REVISIONS. UPON APPROVAL FROM THE BOARD OF DIRECTORS, THE FINAL FORM 990 IS THEN FILED WITH THE INTERNAL REVENUE SERVICE. THE DIRECTORS WILL THEN MAKE A PRESENTATION AT THE NEXT BOARD OF DIRECTORS MEETING TO UPDATE THE FULL BOARD REGARDING THE REVIEW OF THE FORM 990. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | IN CONNECTION WITH THE REVIEW OF EACH GRANT PROPOSAL AND CHARITABLE DONATION, THE FOUNDATION CONSISTENTLY CHECKS AND VERIFIES THAT THERE ARE NO CONFLICTS OF INTEREST BETWEEN THE FOUNDATION AND THE DISQUALIFIED PERSONS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE FOUNDATION'S FOLLOWING GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S MAIN OFFICE DURING NORMAL BUSINESS HOURS. THE AUDITED FINANCIAL STATEMENTS AND THE PUBLIC DISCLOSURE COPY OF THE FORM 990 ARE ALSO AVAILABLE UPON REQUEST AT THE MAIN OFFICE: TAX EXEMPTION APPLICATION (FORM 1023) INTERNAL REVENUE SERVICE DETERMINATION LETTER ARTICLES OF INCORPORATION BY-LAWS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | PRIOR PERIOD ADJUSTMENT 4,894. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART XI, LINE 9: |
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| IRS990/StatesWhereCopyOfReturnIsFldCd | 4 | CA |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 5 | CO |
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| IRS990/StatesWhereCopyOfReturnIsFldCd | 9 | GA |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 10 | HI |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 11 | IL |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 12 | KS |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 13 | KY |
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| IRS990/StatesWhereCopyOfReturnIsFldCd | 16 | MD |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 17 | MA |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 18 | MI |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 19 | MN |
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| IRS990/StatesWhereCopyOfReturnIsFldCd | 28 | NY |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 29 | NC |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 30 | ND |
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| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
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Displayed year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.