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E Polk Inc

Pangaea Internet

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 300156436 ✦ Tryon, NC ✦ Designated as a 501(c)(3)

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Overview

What is E Polk Inc?

E Polk Inc, operating under the name Pangaea Internet, is a nonprofit organization situated in Tryon, North Carolina. With a team of seven dedicated individuals, their primary mission is to provide affordable and reliable connectivity services to the region. This mission aims to stimulate economic development, enhance the quality of life, and extend access into underserved areas. E Polk Inc operates under the RIAA, with the purpose of maintaining and extending its fiber-optic cable network to ensure the mission's operational success. The organization does not specify the regions or communities it serves in the provided information, but its mission suggests a commitment to improving connectivity in underserved areas.


Official website here: www.pangaea.us

What are the reviews and ratings of this charity?

Charity Navigator Rating: 33%

E Polk Inc has received a low score of 33% from Charity Navigator, resulting in a Zero-Star out of Four Star rating. This rating indicates significant concerns regarding the organization’s accountability and financial transparency. While the charity boasts a fully independent board, the lack of financial statements and other key documentation contributes heavily to its poor assessment.

The organization has strengths in governance, as evidenced by its full marks in having a majority independent board and proper conflict of interest policies. However, the absence of critical documents, such as financial statements and a whistleblower policy, raises red flags about its overall operational integrity. Additionally, a concerning liability to asset ratio suggests potential financial instability.

The program expense ratio is another area of concern, showing that only 46.76% of expenses are directed towards actual programs. This relatively low percentage may imply that the charity is not utilizing its resources effectively to fulfill its mission. Overall, while E Polk Inc has certain governance strengths, the significant deficiencies in financial documentation and program spending warrant careful consideration by potential donors.


This AI summary has been generated from information found on Charity Navigator.

Is E Polk Inc legitimate?

E Polk Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. E Polk Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $554,691

For more financial information, click here


Official website here: www.pangaea.us

What is the mission statement of E Polk Inc?

E Polk Inc, through its mission, is committed to providing affordable and reliable connectivity services to the region. This initiative aims to stimulate economic development, enhance the quality of life, and expand access into underserved areas. By delivering these essential services, E Polk Inc intends to contribute to the region's progress and improvement. Their operations involve the extension and maintenance of a fiber-optic cable network to ensure the mission's operating status.


Official website here: www.pangaea.us

Who is the CEO of E Polk Inc?

Jim Edwards is the Exec Director of E Polk Inc.


Official website here: www.pangaea.us

What is the revenue of E Polk Inc?

E Polk Inc's revenue in 2022 was $1,650,834.


Official website here: www.pangaea.us

Who are the executives of E Polk Inc and what are their salaries?

The average compensation at E Polk Inc during 2022 was $79,242. There are 7 employees at E Polk Inc.


Here are 7 key members and their salaries:


Ron A Walters (Exec Director)
  • Compensation: $154,190
  • Related: $0
  • Other: $6,168
Russ Pitts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Garrison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marche Pittman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Edwards (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry Grymes (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Crowder (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pangaea.us

Where can I find the form 990 for E Polk Inc?

E Polk Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pangaea.us

Learn more at the official website: www.pangaea.us

Mission Statement of E Polk Inc

E Polk Inc, as per its mission statement, is committed to delivering affordable and reliable connectivity services to the region. This mission aims to accelerate economic development and enhance the quality of life while expanding access into underserved areas. The organization's objective is to maintain and extend its fiber-optic cable network, ensuring it operates effectively in line with its mission. By doing so, E Polk Inc seeks to contribute significantly to the region, improving connectivity and fostering growth in areas that may otherwise be left behind.

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Impact




October, 2024

E Polk Inc plays a crucial role in enhancing connectivity in the region by providing affordable and reliable services through its extension and maintenance of a fiber-optic cable network. This initiative not only facilitates access to essential digital resources but also fosters economic development and improves quality of life for residents. By focusing on underserved areas, E Polk Inc ensures that more individuals and businesses can connect to the internet, opening doors to educational opportunities, remote work options, and digital services that are increasingly vital in today’s economy. The impact of their work extends beyond just connectivity—it contributes to creating a more equitable community where individuals can thrive in a digital world.




This information is meant to be a general summary of E Polk Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,650,834 (2022)
Expenses
$1,606,355 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $579
  • Program Service Revenue: $1,564,400
  • Gross Receipts: $1,650,834

Assets and Liabilities:

  • Total Assets: $1,933,576
  • Total Liabilities: $429,054
  • Net Assets: $1,504,522

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SERVICE & MGMT REVENUES

Revenue

$1,415,536

FIBER IRU

Revenue

$17,737

POLE ATTACHMENT

Revenue

$9,957

IP ADDRESSES

Revenue

$5,093

DIRECT EXP REIMBURSEMNT

Revenue

$67,165

Organization Details

Founding Year

2003

Principal Officer

Jim Edwards

Main Address

PO BOX 340, Tryon, NC, 28782

NTEE Category

Code: B80 - Education

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