Filipino-American Development Foundation
- Assets
- $3.9m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 61
- Location
- San Francisco, CA
- Founding
- 07/1999
- Data as of
- 12/2023
- EIN
- 94-3300090
Organization Overview
Filipino-American Development Foundation is located in San Francisco, CA. The organization was established in 1999. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. As of 12/2023, Filipino-American Development Foundation employed 61 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Filipino-American Development Foundation 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, Filipino-American Development Foundation generated $2.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $1.9m during the year ending 12/2023. While expenses have increased by 0.1% 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
THE FILIPINO-AMERICAN DEVELOPMENT FOUNDATION (FADF) IS A NONPROFIT ORGANIZATION FOUNDED IN MARCH 1997 TO DEVELOP INITIATIVES AND RESOURCES TO STRENGTHEN THE SOCIAL, PHYSICAL, AND ECONOMIC WELL BEING OF THE FILIPINO AMERICAN COMMUNITY WITH SPECIAL ATTENTION TO THE UNDERSERVED SEGMENTS OF THE COMMUNITY. FADF'S INVOLVEMENT IN THE COMMUNITY CENTERS ON THE NEEDS OF THE SENIORS AND IMMIGRANT FAMILIES IN SAN FRANCISCO AND HAS TAKEN A RESPONSIVE, PARTICIPATORY, AND AN ASSET-BASED APPROACH TO SERVING 2000 CLIENTS PER YEAR AT FADF'S BAYANIHAN COMMUNITY CENTER THROUGH AFTER-SCHOOL PROGRAMS, COMMUNITY MENTAL HEALTH PROGRAMS, AND CULTURAL & ART PROGRAMMING FOR LOW-INCOME FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOMA PILIPINAS FILIPINO CULTURAL DISTRICT DESIGNATED BY THE CITY OF SAN FRANCISCO IN 2016, THE CULTURAL DISTRICT SPANS 1.5 MILES. FADF SOMA PILIPINAS WORK INVOLVES DEVELOPING FILIPINO CULTURAL ARTS, ASSETS, AND CREATIVE PLACE-MAKING; COMMUNITY DEVELOPMENT STRATEGIES AND ECONOMIC DEVELOPMENT INITIATIVES FOR ADDRESSING DISPLACEMENT OF FILIPINO RESIDENTS, AND PROMOTING THEIR SUSTAINABILITY.
GALING BATA AFTER SCHOOL AND SUMMER PROGRAM FADF ADMINISTERS A FILIPINO BICULTURAL AFTER-SCHOOL AND SUMMER PROGRAM FOR STUDENTS K-8 AT THE BESSIE CARMICHAEL/FILIPINO EDUCATION CENTER SCHOOL SINCE 2001. THE PROGRAM PROVIDES CULTURAL AND LINGUISTIC BILITERACY IN ENGLISH AND FILIPINO AND PROMOTES THE DEVELOPMENT OF A HEALTHY BICULTURAL IDENTITY BY HARMONIZING THE FILIPINO AND AMERICAN IDENTITIES OF THE CHILDREN. WE SERVE APPROXIMATELY 75 STUDENTS IN THIS PROGRAM.
ALL OTHER PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gayle Romasanta Executive Dir. | Officer | 40 | $148,333 |
Mc Canlas Director | Trustee | 1 | $16,586 |
Carolyn Sideco President | OfficerTrustee | 1 | $0 |
Jerel Baldomero Vice President | OfficerTrustee | 1 | $0 |
Edgar Estonina Treasurer | OfficerTrustee | 1 | $0 |
Bernice Sy Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,732,642 |
| All other contributions, gifts, grants, and similar amounts not included above | $493,578 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,226,220 |
| Total Program Service Revenue | $187,805 |
| Investment income | $48,707 |
| 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 | $2,462,732 |
| 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. | $164,919 |
| Compensation of current officers, directors, key employees. | $24,680 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $860,585 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $149,589 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,149 |
| 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 | $14,643 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $45,857 |
| Travel | $3,778 |
| 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 | $46,627 |
| Insurance | $23,951 |
| All other expenses | $29,336 |
| Total functional expenses | $1,914,314 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,524,023 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $707,055 |
| 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 | $11,107 |
| Net Land, buildings, and equipment | $698,699 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4 |
| Total assets | $3,940,888 |
| Accounts payable and accrued expenses | $1,694,300 |
| 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 | $10,500 |
| Total liabilities | $1,704,800 |
| Net assets without donor restrictions | $2,210,988 |
| Net assets with donor restrictions | $25,100 |
| 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 | $3,940,888 |