Nonprofit · EIN 86-2201397
PANACEA FINANCIAL FOUNDATION
Tax-exempt · LITTLE ROCK, AR 72202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $200,231 | $56,950 | $143,281 | $294,268 | $0 | $294,268 |
| December 31, 2023 | 990-PF | $134,152 | $51,650 | $82,502 | $150,987 | $0 | $150,987 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $200,100
- Interest
- $131
Expenses
- Grants and similar amounts paid
- $56,000
- Disbursements for charitable purposes
- $56,800
Balance sheet and other
- Total assets, start of year
- $150,987
- Total assets, end of year
- $294,268
- Total liabilities, end of year
- $0
- Net assets, end of year
- $294,268
- Fair market value of assets
- $294,268
- Qualifying distributions
- $56,800
- Net investment income
- $131
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL JERKINS 3260 E GALBRAITH ROAD, CINCINNATI, OH 45236 | OFFICER | 0 | $0 |
| JERAL SELF 105 SOMERSET COVE, MADISON, MS 39110 | EXECUTIVE DI | 0 | $0 |
| JAVIER BAEZ 7320 TICONDEROGA CT, CINCINNATI, OH 45230 | ADVISORY BOA | 0 | $0 |
| RAY BIGNALL 151 MILL STREET APT 316, GAHANNA, OH 43230 | ADVISORY BOA | 0 | $0 |
| LAYOYA BRATHWAITE 121 WELLINGTON PLACE UNIT C 215, CINCINNATI, OH 45219 | ADVISORY BOA | 0 | $0 |
| LUDWIG FRANCILLON 5314 STOCKTON PASS, TRUSSVILLE, AL 35173 | ADVISORY BOA | 0 | $0 |
| MEGAN GUNN 7 HEDLEY LANE, HATBORO, PA 19040 | ADVISORY BOA | 0 | $0 |
990-PF for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL JERKINS 3260 E GALBRAITH ROAD, CINCINNATI, OH 45236 | OFFICER | 0 | $0 |
| JERAL SELF 105 SOMERSET COVE, MADISON, MS 39110 | EXECUTIVE DI | 0 | $0 |
| JAVIER BAEZ 7320 TICONDEROGA CT, CINCINNATI, OH 45230 | ADVISORY BOA | 0 | $0 |
| RAY BIGNALL 151 MILL STREET APT 316, GAHANNA, OH 43230 | ADVISORY BOA | 0 | $0 |
| LAYOYA BRATHWAITE 121 WELLINGTON PLACE UNIT C 215, CINCINNATI, OH 45219 | ADVISORY BOA | 0 | $0 |
| LUDWIG FRANCILLON 5314 STOCKTON PASS, TRUSSVILLE, AL 35173 | ADVISORY BOA | 0 | $0 |
| MEGAN GUNN 7 HEDLEY LANE, HATBORO, PA 19040 | ADVISORY BOA | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1318 MAIN ST # 200, LITTLE ROCK, AR 72202-5034
- Signed the 990-PF
- MICHAEL JERKINS, OFFICER
- Phone
- (501) 603-9000
- Return prepared by
- FRAZEE FOX & DODGE LTD
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 86-2201397
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $294,268
- Income (IRS master file)
- $200,231
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $200,231 | $56,950 | $294,268 | IRS |
| 990-PF | December 2023 | $134,152 | $51,650 | $150,987 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 86-2201397).
Questions about PANACEA FINANCIAL FOUNDATION
- What is the EIN of PANACEA FINANCIAL FOUNDATION?
- The employer identification number (EIN) of PANACEA FINANCIAL FOUNDATION is 86-2201397.
- Is PANACEA FINANCIAL FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to PANACEA FINANCIAL FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does PANACEA FINANCIAL FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PANACEA FINANCIAL FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PANACEA FINANCIAL FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of PANACEA FINANCIAL FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does PANACEA FINANCIAL FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $200,231, expenses of $56,950 and total assets of $294,268 at year end.
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