UNITED STATES - PHILIPPINES SOCIET… - Form 990 Financial Data

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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

2012

Legal Domicile

Principal Officer

HANK HENDRICKSON

Phone

2025253982

Tax Period

2022-07-01 to 2023-06-30

UNITED STATES - PHILIPPINES SOCIETY INC, founded in 2012, is a small nonprofit in the Human Services sector that reported $547K in total revenue in fiscal year 2022. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $130K, a strong 24% operating margin.

Mission

TO BUILD ON THE RICH AND LONGSTANDING HISTORICAL TIES BETWEEN THE UNITED STATES OF AMERICA AND THE PHILIPPINES AND TO BRING THAT UNIQUE RELATIONSHIP TO THE 21ST CENTURY.

Program Service Accomplishments

Program 1

Expenses: $125,345 Revenue: $0

TRADE & INVESTMENTS Held substantive meetings with newly-elected PH President Ferdinand Marcos Jr and cabinet members in New York, Manila, and Washington DC on the administration's economic policy...

TRADE & INVESTMENTS Held substantive meetings with newly-elected PH President Ferdinand Marcos Jr and cabinet members in New York, Manila, and Washington DC on the administration's economic policy priorities post pandemic, addressing inflation and food security, lifting US-PH partnership and PH participation in the Indo-Pacific Economic Framework. Organized forums with PH Economic Zone Authority to promote export-generating industries and with PH Women leaders to enhance business diversity.

Program 2

Expenses: $67,670 Revenue: $0

REGIONAL SECURITY Hosted foreign policy experts roundtable with PH Senate Committee Chair on Foreign Relations on a broad-based approach to manage relationship bound by treaty alliance, the pursuit of an independent foreign policy, to expand beyond traditional allies amid regional geopolitical risks. Mounted a public campaign on VP Kamala Harris's visit to Palawan along the West Philippine Sea to underscore the importance of international law, unimpeded commerce and freedom of navigation in the South China Sea.

Program 3

Expenses: $55,236 Revenue: $0

COMMUNITY OUTREACH Held public forums with historical context of US-PH professional exchanges from early 20th century highlighting today's PH nurses who immigrated to the U.S. and the role of...

COMMUNITY OUTREACH Held public forums with historical context of US-PH professional exchanges from early 20th century highlighting today's PH nurses who immigrated to the U.S. and the role of religion and culture as they persevered during a U.S. health crisis. PH nurses were recognized with a Carlos P. Romulo Award by the US-PH Society. Enlightened public about sacrifices and perseverance of first American teachers in the PH, the groundwork of early US Peace Corps, and PH educators filling US teacher shortages today.

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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 (2022)

Revenue Breakdown

Contributions & Grants $547,117

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $547,117

Expense Breakdown

Grants Paid $5,536

Salaries & Benefits $235,813

Fundraising Expenses $35,378

Program Expenses $351,430

Other Expenses $175,657

TOTAL EXPENSES $417,006

Year-over-Year Comparison

	2022	2021	Change
Revenue	$547,117	$361,052	+0.5%
Expenses	$417,006	$388,425	+0.1%
Net Income	$130,111	$-27,373	-5.8%

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

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

$158,002

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HANK HENDRICKSON	EXECUTIVE DIRECTOR	40.00	Officer	$95,002	$0	$95,002
JOHN F MAISTO	PRESIDENT	40.00	Officer	$63,000	$0	$63,000
THOMAS C HUBBARD	SECRETARY-TREASURER	10.00	Officer Director	$0	$0	$0
JOHN D NEGROPONTE	CO-CHAIR	10.00	Director	$0	$0	$0
MANUEL V PANGILINAN	CO-CHAIR	5.00	Director	$0	$0	$0
LEONARDO A CANSECO	DIRECTOR & LEGAL COUNSEL	10.00	Director	$0	$0	$0
JOSE EB ANTONIO	DIRECTOR	1.00	Director	$0	$0	$0
GERARDO A BORROMEO	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD CANE	DIRECTOR - SINCE 01/2023	1.00	Director	$0	$0	$0
JAY COLLINS	DIRECTOR	1.00	Director	$0	$0	$0
CEZAR P CONSING	DIRECTOR - UNTIL 07/2022	1.00	Director	$0	$0	$0
CHRISTIAN C DECKER	DIRECTOR	1.00	Director	$0	$0	$0
LUCIE DU	DIRECTOR	1.00	Director	$0	$0	$0
EARL GAST	DIRECTOR - SINCE 01/2023	1.00	Director	$0	$0	$0
HILDA L GIGIOLI	DIRECTOR	1.00	Director	$0	$0	$0
HENRY B HOWARD	DIRECTOR	10.00	Director	$0	$0	$0
LOIDA NICOLAS-LEWIS	DIRECTOR	2.00	Director	$0	$0	$0
BILLY LIU	DIRECTOR	1.00	Director	$0	$0	$0
ROBERTO R LLAMES	DIRECTOR	1.00	Director	$0	$0	$0
DORIS MAGSAYSAY-HO	DIRECTOR	1.00	Director	$0	$0	$0
CARLOS MA G MENDOZA	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD W MURPHY	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER A PADILLA	DIRECTOR	1.00	Director	$0	$0	$0
DOMINIC PICONE	DIRECTOR	1.00	Director	$0	$0	$0
DAVID E RAPPA	DIRECTOR	1.00	Director	$0	$0	$0
ENRIQUE K RAZON JR	DIRECTOR	1.00	Director	$0	$0	$0
PAUL SHMOTOLOKHA	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE SYCIP	DIRECTOR	1.00	Director	$0	$0	$0
WILSON P TAN	DIRECTOR	1.00	Director	$0	$0	$0
AMANDO M TETANGCO JR	DIRECTOR - SINCE 07/2022	1.00	Director	$0	$0	$0
HEDY L THOMAS	DIRECTOR - SINCE 02/2023	1.00	Director	$0	$0	$0
FRANK G WISNER JR	DIRECTOR	1.00	Director	$0	$0	$0
DENNIS L WRIGHT	DIRECTOR	1.00	Director	$0	$0	$0
JAIME A ZOBEL DE AYALA	DIRECTOR	1.00	Director	$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	$547,117	$417,006	$474,682	$130,111
2022	$361,052	$388,425	$403,273	$-27,373
2021	$385,479	$500,269	$465,205	$-114,790
2020	$207,814	$473,213	$438,507	$-265,399
2019	$680,514	$721,476	$682,913	$-40,962
2018	$391,068	$456,434	$700,116	$-65,366

UNITED STATES - PHILIPPINES SOCIETY INC