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Nonprofit · EIN 86-2201397

PANACEA FINANCIAL FOUNDATION

Tax-exempt · LITTLE ROCK, AR 72202

Financials

$134K$52K2023$200K$57K2024
Revenue Expenses · by fiscal year end
Financials of PANACEA FINANCIAL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$200,231$56,950$143,281$294,268$0$294,268
December 31, 2023990-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.

NameTitleHours / weekCompensation
MICHAEL JERKINS
3260 E GALBRAITH ROAD, CINCINNATI, OH 45236
OFFICER0$0
JERAL SELF
105 SOMERSET COVE, MADISON, MS 39110
EXECUTIVE DI0$0
JAVIER BAEZ
7320 TICONDEROGA CT, CINCINNATI, OH 45230
ADVISORY BOA0$0
RAY BIGNALL
151 MILL STREET APT 316, GAHANNA, OH 43230
ADVISORY BOA0$0
LAYOYA BRATHWAITE
121 WELLINGTON PLACE UNIT C 215, CINCINNATI, OH 45219
ADVISORY BOA0$0
LUDWIG FRANCILLON
5314 STOCKTON PASS, TRUSSVILLE, AL 35173
ADVISORY BOA0$0
MEGAN GUNN
7 HEDLEY LANE, HATBORO, PA 19040
ADVISORY BOA0$0
990-PF for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
MICHAEL JERKINS
3260 E GALBRAITH ROAD, CINCINNATI, OH 45236
OFFICER0$0
JERAL SELF
105 SOMERSET COVE, MADISON, MS 39110
EXECUTIVE DI0$0
JAVIER BAEZ
7320 TICONDEROGA CT, CINCINNATI, OH 45230
ADVISORY BOA0$0
RAY BIGNALL
151 MILL STREET APT 316, GAHANNA, OH 43230
ADVISORY BOA0$0
LAYOYA BRATHWAITE
121 WELLINGTON PLACE UNIT C 215, CINCINNATI, OH 45219
ADVISORY BOA0$0
LUDWIG FRANCILLON
5314 STOCKTON PASS, TRUSSVILLE, AL 35173
ADVISORY BOA0$0
MEGAN GUNN
7 HEDLEY LANE, HATBORO, PA 19040
ADVISORY BOA0$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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-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

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$200,231$56,950$294,268IRS
990-PFDecember 2023$134,152$51,650$150,987XML
990-PFDecember 2022–––IRS
990-PFDecember 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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