Philippine Empowerment For The Poor
- Assets
- $274.9k
- Revenue
- $20.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Sacramento, CA
- Founding
- 10/1992
- Data as of
- 05/2024
- EIN
- 94-3162880
Organization Overview
Philippine Empowerment For The Poor is located in Sacramento, CA. The organization was established in 1992. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, 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 Empowerment For The Poor 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 05/2024, Philippine Empowerment For The Poor generated $20.2k 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 (20.3%) each year. All expenses for the organization totaled $21.2k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (25.2%) 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS DEDICATED TO WORKING WITH NON PROFIT ORGANIZATIONS PROVIDING HELP AND FUNDING GREEN FOOD PROGRAMS (VEGETABLE PLANTATION) FOR THE POOR TO HELP THEM STAND ON THEIR OWN ENABLING THEM TO PROVIDE FOR THEIR FAMILIES. WE BELIEVE THAT BY HELPING THEMSELVES, WILL LESSEN THE NUMBER OF PEOPLE DEPENDING ON DOLE-OUTS. WE WORK HAND IN HAND WITH SELECTED AGENCIES IN THE PHILIPPINES TO CARRY OUT OUR PROGRAMS AND SERVICES. OUR VISION IS TO EMPOWER THE POOR TO HELP PROVIDE FOR THEIR OWN NEEDS WITHOUT DEPENDENCE ON GOVERNMENT AND OTHERS. WE WANT THE POOR TO HAVE ECONOMIC FREEDOM. WE WANT THE POOR TO BE COUNTED AS VALUABLE MEMBERS OF THE COMMUNITY AND FOR THE POOR TO GENERATE EMPLOYMENT FOR OTHER PEOPLE IN ORDER TO BUILD BETTER LIVES AND STRONGER COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIVELIHOOD PROGRAM - PROVIDE PROGRAMS AND SERVICES TO THE UNDERPRIVILEGED, LIVELIHOOD OPPORTUNITIES TO PEOPLE AND POOR COMMUNITIES: PROVIDED GREEN FOOD PROGRAM - HELPING 50 FAMILIES TO PLANT AND START THEIR OWN PRODUCE BUSINESS AND DISTRIBUTE/SELL THEIR PRODUCTS TO 500 FAMILIES.
HOME BASED JOB FOR 30 MOTHERS AND WOMEN SEWERS FOR CLOTH DOOR MATS AND POT HOLDERS FOR DISTRIBUTION TO RURAL AREAS AND BARANGAYS THRU THE HELP OF BARANGAY OFFICIALS AND CHURCH VOLUNTEERS, FOR RETAIL SELLING OF THEIR PRODUCTS FOR INCOME TO HELP THEIR FAMILIES.
FOOD DISTRIBUTION PROGRAM - TOTAL OF 200 BASKETS DISTRIBUTION TO 200 FAMILIES IN BARANGAY MONICAYO AND BARANGAY SAN VICENTE OF BAMBAN TARLAC PROVINCE ON CHRISTMAS SEASON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erik Gomez Executive Director | OfficerTrustee | 5 | $0 |
Arnel Recidoro President | OfficerTrustee | 1 | $0 |
Rafael Mercurio Vice President | Trustee | 1 | $0 |
David Goronja Secretary | Trustee | 1 | $0 |
Daisy Santos Board Member | Trustee | 1 | $0 |
Alma Pineda Treasurer | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $17,240 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $3,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $2,800 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,240 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $20,240 |
| 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 | $9,150 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $500 |
| 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 | $682 |
| Information technology | $85 |
| Royalties | $0 |
| Occupancy | $750 |
| Travel | $420 |
| 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 | $1,179 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $600 |
| All other expenses | $0 |
| Total functional expenses | $21,225 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,059 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $3,500 |
| 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 | $0 |
| Net Land, buildings, and equipment | $253,346 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $274,905 |
| Accounts payable and accrued expenses | $500 |
| 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 | $80,000 |
| Total liabilities | $80,500 |
| Net assets without donor restrictions | $194,405 |
| 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 | $274,905 |