Overview
What is Panza?
Panza, also known as Quixote Communities, is a nonprofit organization based in Olympia, Washington. They are dedicated to providing supportive housing and essential services to individuals experiencing homelessness. In 2022, they expanded their operations by breaking ground on the Shelton Veterans Village, a 30-home community in Shelton, WA. Currently, they are supporting residents at Quixote Village, a 30-home community in Olympia, WA, and the Orting Veterans Village, a 35-home community in Orting, WA. Their comprehensive services include case management, one-on-one therapy, transportation, and life-skills training, aimed at fostering community, encouraging personal growth, and promoting access to care and services. The organization employs 14 individuals and operates under the name Quixote Communities.
Official website here: www.quixotecommunities.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Panza has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance, with a score of 81%. The rating is primarily based on the charity's adherence to transparency and governance standards, showcasing strong practices such as a majority independent board and comprehensive financial oversight.
The organization exhibits commendable strengths in areas like financial statements and whistleblower protections, where it scored full points. Notably, 92.82% of its expenses are directed towards programs, reflecting a commitment to its mission and effective resource allocation.
However, one area of concern is its liabilities to assets ratio, which scored 0 out of 15 points. This suggests potential financial stability issues that may need addressing in future fiscal years. Overall, while Panza demonstrates strong accountability practices, attention to its balance sheet may be warranted to enhance its financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Panza legitimate?
Panza is a legitimate nonprofit organization registered as a 501(c)(3) entity. Panza 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: $174,909
Professional Fundraising Fees: $0
Other Salaries and Wages: $360,195
For more financial information, click here
Official website here: www.quixotecommunities.org
What is the mission statement of Panza?
Panza, through Quixote Communities, is dedicated to providing housing and support for individuals experiencing homelessness. Their mission is to establish and manage tiny home villages that foster a sense of community, encourage personal growth, and facilitate access to necessary care and services. In 2022, they began construction on their third village, the Shelton Veterans Village, a 30-unit community in Shelton, WA. Beyond this, they continue to offer housing and supportive services at their existing villages in Olympia, WA (Quixote Village, 30 units) and Orting, WA (Orting Veterans Village, 35 units). Their programs encompass case management, individual therapy, transportation, and life-skills training, aiming to empower and assist residents to improve their lives.
Official website here: www.quixotecommunities.org
Who is the CEO of Panza?
Brendan Vandervelde is the Board Memeber of Panza.
Official website here: www.quixotecommunities.org
What is the revenue of Panza?
Panza's revenue in 2022 was $1,970,208.
Official website here: www.quixotecommunities.org
Who are the executives of Panza and what are their salaries?
The average compensation at Panza during 2022 was $38,222. There are 14 employees and 50 volunteers at Panza.
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- Compensation: $92,213
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- Compensation: $82,696
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Official website here: www.quixotecommunities.org
Where can I find the form 990 for Panza?
Panza's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.quixotecommunities.org
Learn more at the official website: www.quixotecommunities.org
Mission Statement of Panza
Panza, a nonprofit organization, is dedicated to providing housing and support for individuals experiencing homelessness. Their mission involves creating and managing tiny home villages that foster a sense of community, encourage personal growth, and promote access to care and services. Panza's approach aims to break the cycle of homelessness by offering permanent supportive housing. The homes are designed to foster a sense of community, encouraging residents to support and uplift one another. Panza's services extend beyond just housing, offering case management, one-on-one therapy, transportation, and life skills training to help residents overcome challenges and rebuild their lives. In 2022, Panza expanded their efforts with the construction of the Shelton Veterans Village, a 30-home village in Shelton, WA, continuing to support residents at their existing villages in Olympia and Orting, WA.
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Impact
October, 2024
Panza significantly impacts communities by addressing homelessness through the creation of tiny home villages that provide permanent supportive housing. In 2022, the organization marked a milestone by breaking ground on the Shelton Veterans Village, expanding its initiatives to support people experiencing homelessness. Current projects include Quixote Village in Olympia and the Orting Veterans Village, where residents benefit from a stable living environment and access to essential services such as case management, one-on-one therapy, transportation, and life-skills training.
By fostering a sense of community in these villages, Panza encourages personal growth and enhances residents’ quality of life, helping them regain stability and dignity. The focus on supportive services ensures that individuals not only have a roof over their heads but also the necessary resources to thrive and overcome barriers they face in their journey toward self-sufficiency.
This information is meant to be a general summary of Panza. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $8,249
- Program Service Revenue: $411,595
- Gross Receipts: $1,988,562
Assets and Liabilities:
- Total Assets: $10,300,604
- Total Liabilities: $7,408,816
- Net Assets: $2,891,788
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT INCOME
Revenue
$411,595
Organization Details
Founding Year
2008
Phone
(360) 338-0451Principal Officer
Brendan Vandervelde
Main Address
3350 MOTTMAN RD SW, OLYMPIA, WA, 98512
Website
www.quixotecommunities.orgNTEE Category
Code: L40 - Housing
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