Philippine International Aid
- Assets
- $615.1k
- Revenue
- $344.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Burlingame, CA
- Founding
- 04/1987
- Data as of
- 12/2021
- EIN
- 94-3008383
Organization Overview
Philippine International Aid is located in Burlingame, CA. The organization was established in 1987. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philippine International Aid 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 12/2021, Philippine International Aid generated $344.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $343.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PHIL. INTERNATIONAL AID PROVIDES FINANCIAL ASSISTANCE TO SEND POOR BUT DESERVING YOUNG BOYS AND GIRLS TO SCHOOL IN THE PHILIPPINES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PHIL. INTERNATIONAL AID WAS ABLE TO ASSIST AND SEND YOUNG BOYS AND GIRLS TO SCHOOL IN THE PHILIPPINES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mona Lisa Yuchengco Founder & Chair | OfficerTrustee | 0 | $0 |
Leopoldo Briones Treasurer | OfficerTrustee | 0 | $0 |
James Lim Executive Director | OfficerTrustee | 0 | $0 |
Teodoro Diaz DE Rivera Secretary | OfficerTrustee | 0 | $0 |
Carlos Abaya Director | Trustee | 0 | $0 |
Shirley Dimapilis Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $127,766 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $216,414 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $344,180 |
| Total Program Service Revenue | $470 |
| Investment income | $45 |
| 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 | $344,700 |
| 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 | $288,233 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $8,400 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $390 |
| Information technology | $776 |
| Royalties | $0 |
| Occupancy | $10,625 |
| Travel | $0 |
| 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 | $500 |
| All other expenses | $1,943 |
| Total functional expenses | $343,722 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $146,110 |
| Savings and temporary cash investments | $453,840 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $15,140 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $615,090 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $615,090 |
| Net assets with donor restrictions | $0 |
| 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 | $615,090 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Philippine International Aid has recieved totaling $13,941.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,814 |
Washington Sycip Family Foundation Charitable Tr 041697 San Francisco, CA PURPOSE: CHARITABLE PURPOSES | $1,200 |
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: MATCHING GIFT OF STAFF AND BOARD MEMBERS | $1,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $550 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $377 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Asia Foundation San Francisco, CA | $76,412,898 | $96,548,436 |
Thousand Currents San Francisco, CA | $18,209,575 | $15,204,408 |
Medical Teams International Tigard, OR | $43,129,775 | $57,004,022 |
Living Goods Oakland, CA | $25,335,492 | $27,387,443 |
Transfair Usa Oakland, CA | $19,057,567 | $24,006,067 |
Hope Worldwide Ltd San Diego, CA | $8,639,959 | $19,582,305 |
World Emergency Relief San Dimas, CA | $1,123,706 | $17,740,144 |
Rippleworks Inc Redwood City, CA | $1,127,548,161 | $34,942,704 |
Project Concern International San Diego, CA | $10,331,948 | $12,210,235 |
Muso Inc San Francisco, CA | $26,014,068 | $28,737,104 |
Surgical Eye Expeditions International Inc Santa Barbara, CA | $14,555,876 | $8,599,014 |
Volunteers For Interamerican Development Assistance Berkeley, CA | $167,273 | $11,297,919 |