Philippine American Society Inc
- Assets
- $9.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Royal Palm Beach, FL
- Founding
- 05/2003
- Data as of
- 08/2022
- EIN
- 55-0794520
Organization Overview
Philippine American Society Inc is located in Royal Palm Beach, FL. The organization was established in 2003. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philippine American Society 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 08/2022, Philippine American Society Inc generated $16.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $9.8k during the year ending 08/2022. While expenses have increased by 0.3% per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marlyn M Sepanik Executive Direc | 15 | $0 | |
Lloyd Flores Vice Exec Direc | 15 | $0 | |
Conchita Mateo Secretary | 15 | $0 | |
Celso C Paguntalan Treasurer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,368 |
| Total Program Service Revenue | $8,542 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,881 |
| Other Revenue | $50 |
| Total Revenue | $16,841 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $450 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,361 |
| Total expenses | $9,811 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,993 |
| Other assets | $0 |
| Total assets | $8,993 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,993 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Philippine American Society Inc has recieved totaling $6,636.
| Awarding Organization | Amount |
|---|---|
Cultural Council Of Palm Beach County Inc Lake Worth Beach, FL PURPOSE: C-1 Grant | $3,318 |
Cultural Council Of Palm Beach County Inc Lake Worth Beach, FL PURPOSE: C-1 Grant | $3,318 |
Peer Organizations
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|---|---|---|
Opportunity Alabama Inc Birmingham, AL | $476,898 | $802,784 |
Olympia Center Inc Miami, FL | $304,920 | $1,191,186 |
Mid-South Resource Conservation And Development Council Inc Montgomery, AL | $756,293 | $878,672 |
Jacksonville Fraternal Order Of Police Foundation Inc Jacksonville, FL | $375,519 | $224,137 |
Yah-Yah Girls Inc Punta Gorda, FL | $180,036 | $218,438 |
Hoover Helps Hoover, AL | $125,587 | $165,616 |
One Spark Inc Jacksonville, FL | $0 | $0 |
Advance Dekalb Inc Decatur, GA | $567,062 | $234,100 |
Fernandina Beach Main Street Foundation Inc Fernandina Beach, FL | $138,769 | $0 |
Babcock Ranch Foundation Inc Palm Beach Gardens, FL | $1,251,733 | $258,880 |
The Rotary Club Of Miami Florida Foundation Inc Miami, FL | $875,186 | $67,841 |
Lucas Magazine Community Foundation Inc New Port Richey, FL | $4,326 | $0 |