Pharos Global Health Advisors Ltd
- Assets
- $1.1m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 5
- Location
- Newton Center, MA
- Founding
- 10/2016
- Data as of
- 12/2022
- EIN
- 81-2764710
Organization Overview
Pharos Global Health Advisors Ltd is located in Newton Center, MA. The organization was established in 2016. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), under the broad grouping of Health Care and related organizations. As of 12/2022, Pharos Global Health Advisors Ltd employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pharos Global Health Advisors Ltd 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 12/2022, Pharos Global Health Advisors Ltd generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $1.0m during the year ending 12/2022. While expenses have increased by 16.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CUSTOMIZED POLICY RESEARCH, ANALYSIS AND ADVISORY SERVICES TO CLIENTS AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROJECT #1 - WITH THE GLOBAL FUND PROJECTS, PHAROS HELPED TO DEVELOP NEW RESEARCH TOOLS AND PROCESSES FOR THE FUND TO NEGOTIATE, MONITOR, AND REPORT ON DOMESTIC FINANCING OF HIV, TB, AND MALARIA PROGRAMS IN LOW- AND MIDDLE-INCOME COUNTRIES. ALSO WITH GLOBAL FUND PROJECTS, PHAROS DEVELOPED A NEW RESEARCH TOOL TO PRIORITIZE INVESTMENTS IN IMPROVED HEALTH SYSTEMS TO SUPPORT NATIONAL HEALTH GOALS AND TESTED THIS IN 3 LATIN AMERICAN COUNTRIES.
PROJECT #4 - WITH HARVARD, PHAROS ASSISTED COUNTRIES IN AFRICA (ZIMBABWE AND KENYA) WITH RESEARCH TO DETERMINE THE COST OF THEIR NATIONAL AIDS CONTROL PROGRAMS AND THE DEVELOPMENT OF NATIONAL CAPABILITIES IN THIS AREA.PROJECT #5 - PREPARED RESEARCH ANALYSIS AND PROJECTIONS TO HELP THE GLOBAL FUND JUSTIFY ITS PAST AND PLANNED INVESTMENTS IN PANDEMIC PREPAREDNESS AND RESPONSE. PHAROS' RECOMMENDATIONS WERE USED BY THE GLOBAL FUND IN SEEKING ADDITIONAL FUTURE SUPPORT.PROJECT #6 - EVALUATION OF COVID 19RM - PERFORMED AN ASSESSMENT OF THE GLOBAL FUND'S $4.5 BILLION PROGRAM TO HELP COUNTRIES RESPOND TO COVID-19. THE REPORT WAS DELIVERED AND ACTED UPON BY THE GLOBAL FUND.PROJECT #7 - MISCELLANEOUS HEALTH AND NUTRITION PROJECTS, INCLUDING DEVELOPMENT OF NEW RESEARCH PROTOCOLS AND CONDUCTING PEER REVIEW OF OTHER RESEARCH REPORTS.
PROJECT #2 - WITH THE ALGERIA, TUNISIA, AND ANGOLA PROJECTS, PHAROS DEVELOPED NEW TOOLS AND SCENARIOS FOR EXPANDING AIDS, TB, AND MALARIA SERVICES FOR KEY AND VULNERABLE POPULATIONS, ASSESSING PROSPECTS FOR TRANSITIONING FROM EXTERNAL FUNDING TO NATIONAL SOURCES OF FINANCING FOR SUSTAINED HEALTH CARE, AND BUDGETING AND DOCUMENTING EXPANDED DOMESTIC FINANCING.
PROJECT #3 - WITH ALIMA, PHAROS DID RESEARCH TO ESTIMATE THE COST OF DELIVERING A PACKAGE OF MATERNAL AND CHILD HEALTH SERVICES TO AFRICAN COUNTRIES AND CALCULATED THE COST-EFFECTIVENESS OF INNOVATIVE INTERVENTION STRATEGIES TO REDUCE SEVERE CHILD MALNUTRITION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Hecht President | OfficerTrustee | 50 | $330,000 |
Shan Soe-Lin Managing Director | Trustee | 25 | $82,885 |
David Matheson Chair | OfficerTrustee | 0.25 | $0 |
Stephen Kutenplon Director | Trustee | 0.25 | $0 |
Margaret Huber Director | Trustee | 0.25 | $0 |
Mark Shrime Past Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,036,464 |
| 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 | $1,036,464 |
| 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. | $412,885 |
| Compensation of current officers, directors, key employees. | $103,221 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $136,703 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,500 |
| Payroll taxes | $33,782 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,305 |
| Fees for services: Accounting | $38,388 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $355,984 |
| Advertising and promotion | $490 |
| Office expenses | $1,676 |
| Information technology | $242 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $38,171 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $6 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $495 |
| Insurance | $3,564 |
| All other expenses | $0 |
| Total functional expenses | $1,039,449 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $837,893 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $198,846 |
| 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 | $734 |
| Net Land, buildings, and equipment | $1,986 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $83,608 |
| Total assets | $1,123,067 |
| Accounts payable and accrued expenses | $235,957 |
| 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 | $235,957 |
| Net assets without donor restrictions | $887,110 |
| 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 | $1,123,067 |