PHILIPPINE-AMERICAN FRIENDSHIP COMMUNITY INC (EIN 223118750) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

ROXANNE CAJIGAS

Phone

2014798941

Tax Period

2023-01-01 to 2023-12-31

PHILIPPINE-AMERICAN FRIENDSHIP COMMUNITY INC, founded in 1995, is a small nonprofit in the Arts, Culture & Humanities sector that reported $194K in total revenue in fiscal year 2023. Revenue surged 66% from the prior year, signaling strong growth momentum. Expenses of $168K left a modest 13% surplus.

Mission

TO DELIVER TO JERSEY CITY RESIDENTS A COLORFUL ANNUAL PARADE AND FESTIVAL IN CELEBRATION OF THE PHILIPPINE AMERICAN FRIENDSHIP DAY. TO ENHANCE BETTER UNDERSTANDING OF THE FILIPINO CULTURE AND ACTIVITIES. BE OF SERVICE TO THE COMMUNITY AND THE GENERAL PUBLIC IN ORDER TO GAIN FOR THEMSELVES THAT RECOGNITION DUE TO THEM AS AN ETHNIC GROUP IN THE UNITED STATES OF AMERICA. TO ENHANCE THE INTEGRATION OF FILIPINOS INTO MAINSTREAM AMERICA BY ENGAGING IN SOCIO-CULTURAL, CHARITABLE AND EDUCATIONAL UNDERTAKINGS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $193,820

Program Service Revenue $0

Investment Income $217

Other Revenue $0

TOTAL REVENUE $194,037

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $82,038

Program Expenses $76,981

Other Expenses $168,417

TOTAL EXPENSES $168,417

Year-over-Year Comparison

	2023	2022	Change
Revenue	$194,037	$117,211	+0.7%
Expenses	$168,417	$109,072	+0.5%
Net Income	$25,620	$8,139	+2.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CONSTANCIA S UY	CHAIRPERSON	18.00	Officer Director	$0	$0	$0
LEDY ALMADIN	ADVISORY BOA	N/A	Director	$0	$0	$0
HELEN CASTILLO	EVENTS COORD	18.00	Officer	$0	$0	$0
ROXANNE CAJIGAS	PRESIDENT	21.00	Officer	$0	$0	$0
JESSAMYN BONAFE	SECRETARY &	7.00	Officer	$0	$0	$0
CATHERINE BULAHAN	ASSISTANT SE	6.00	Officer	$0	$0	$0
PERLA C RAMOS	TREASURER	14.00	Officer	$0	$0	$0
SUSAN LAGMAY	ASST TREASUR	N/A	Officer	$0	$0	$0
MARICAR TAINO	PRESIDENT-EL	5.00	Officer	$0	$0	$0
ROGELIO AFABLE	EVENT CHAIR-	7.00	Director	$0	$0	$0
LEANDRO LACHICA ESQ	CMTE CHAIR-E	N/A	Director	$0	$0	$0
LITO PERNIA	CMTE CHAIR-P	N/A	Director	$0	$0	$0
CORA REYES	CMTE CHAIR-P	N/A	Director	$0	$0	$0
FREDDY BURKE	PRESS RELATI	N/A	Officer	$0	$0	$0
SHIRAN YBANEZ	AUDITOR	7.00	Officer	$0	$0	$0
ROSE JAVIER	ADVISORY BOA	N/A	Officer	$0	$0	$0
ROSALINDA RUPEL	VICE-CHAIRMA	7.00	Director	$0	$0	$0
JOYCE CASTILLO	CMTE CHAIR-F	N/A	Director	$0	$0	$0
SHIRAN YBANEZ	CMTE CHAIR-G	N/A	Director	$0	$0	$0
LEA FRAIN	IMMEDIATE PA	7.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$194,037	$168,417	$69,501	$25,620
2023	No data	No data	No data	No data
2022	$117,211	$109,072	$63,961	$8,139
2021	$31,822	$15,648	$55,091	$16,174
2020	$88,826	$41,920	$41,849	$46,906
2019	$110,875	$125,250	$30,633	$-14,375
2018	$192,149	$172,307	$40,796	$19,842

PHILIPPINE-AMERICAN FRIENDSHIP COMMUNITY INC