PHILIPPINE CENTER OF MINNESOTA (EIN 753061949) - 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

2002

Legal Domicile

Principal Officer

HAMILTON FLORES

Phone

6513402524

Tax Period

2023-01-01 to 2023-12-31

PHILIPPINE CENTER OF MINNESOTA, founded in 2002, is a small nonprofit in the Arts, Culture & Humanities sector that reported $153K in total revenue in fiscal year 2023. Revenue surged 195% from the prior year, signaling strong growth momentum. The organization ran a surplus of $88K, a strong 58% operating margin.

Mission

To promote & undertake charitable programs for Filipino Americans in Minnesota & the Philippines.

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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 $5,757

Program Service Revenue $36,386

Investment Income $111,076

Other Revenue $0

TOTAL REVENUE $153,219

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $58,449

Other Expenses $64,728

TOTAL EXPENSES $64,728

Year-over-Year Comparison

	2023	2022	Change
Revenue	$153,219	$51,902	+2.0%
Expenses	$64,728	$71,074	-0.1%
Net Income	$88,491	$-19,172	-5.6%

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
DARWIN YASIS	President	8.00	Officer Director	$0	$0	$0
JOVELYN LARSON	Vice President	1.00	Officer Director	$0	$0	$0
EUSEBIO MANGALIMAN JR	Treasurer	4.00	Officer Director	$0	$0	$0
ESTELITA MALICSI	Secretary	2.00	Officer Director	$0	$0	$0
GLEN KING	Director	2.00	Director	$0	$0	$0
LYRA HERNANDEZ	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
2023	$153,219	$64,728	$479,583	$88,491
2019	$32,127	$10,873	$391,572	$21,254

PHILIPPINE CENTER OF MINNESOTA