Ancop Foundation Usa Inc
- Assets
- $1.6m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Monrovia, CA
- Founding
- 04/2002
- Data as of
- 12/2023
- EIN
- 68-0463495
Organization Overview
Ancop Foundation Usa Inc is located in Monrovia, CA. The organization was established in 2002. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ancop Foundation USA Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Ancop Foundation USA Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. While expenses have increased by 8.6% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE ASSISTANCE TO THE NEEDY AND THE POOR IN TARGETED DEPRESSED AREAS OF THE WORLD. UNDERTAKE SCHOLARSHIP PROGRAM, COMMUNITY DEVELOPMENT PROJECTS AND MEDICAL MISSIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL, ECONOMIC AND LIVELIHOOD AND COMMUNITY DEVELOPMENT PROGRAMS FOR THE POOREST OF THE POOR IN THE PHILIPPINES THROUGH CFC ANCOP GLOBAL FOUNDATION, A NGO IN THE AREA.
HEALTH PROGRAMS FOR THE POOR IN THE PHILIPPINES
SOCIAL MINISTRY AND OTHERS
DISASTER RELIEF
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jose Reandelar President | OfficerTrustee | 40 | $23,499 |
Rolando Balanza Chief Financial Officer And T | Officer | 40 | $21,730 |
David Guirao Trustee | Trustee | 10 | $0 |
Sam Jutba Trustee | Trustee | 10 | $0 |
Alex Santos Trustee | Trustee | 10 | $0 |
Sonny Berberabe Trustee | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $686,996 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $555,309 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,242,305 |
| Total Program Service Revenue | $0 |
| Investment income | $984 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,243,289 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,669 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $960 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $35,080 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $72,880 |
| Advertising and promotion | $2,024 |
| Office expenses | $6,377 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,251 |
| Travel | $11,057 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,937 |
| All other expenses | $137,093 |
| Total functional expenses | $1,208,530 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $791,183 |
| Savings and temporary cash investments | $810,453 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,869 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,007 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $860 |
| Total assets | $1,611,372 |
| Accounts payable and accrued expenses | $38,988 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $38,988 |
| Net assets without donor restrictions | $203,075 |
| Net assets with donor restrictions | $1,369,309 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,611,372 |