PHANDEEYAR FOUNDATION

EIN: 810752175 501(c)(3) International Affairs

Wilmington, DE

Total Revenue
$1,166,228
Total Expenses
$1,136,836
Total Assets
$1,651,352
Net Assets
$1,595,090
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
DE
Principal Officer
Andrew Annett
Phone
9451851661
Tax Period
2024-01-01 to 2024-12-31

PHANDEEYAR FOUNDATION, founded in 2015, is a community nonprofit in the International Affairs sector that reported $1.2M in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year.

Mission

Phandeeyar is a community tech hub that is spearheading the development of Myanmar's tech and social innovation ecosystem. Phandeeyar does this in two ways: firstly, by building the pool of tech talent, supporting local digitally-enabled enterprises, and training founders; and secondly, by helping change agents use technology to increase the impact of their work.

Program Service Accomplishments

Program 1
Expenses: $87,614 Revenue: $343,426

Phandeeyar Services. Phandeeyar is building the pool of local technical talent and digitally enabled enterprises that can develop the digital products and services that Myanmar needs. We support...

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Phandeeyar Services. Phandeeyar is building the pool of local technical talent and digitally enabled enterprises that can develop the digital products and services that Myanmar needs. We support promising businesses, and through our flagship projects help aspiring entrepreneurs to launch their companies. We also run classes, workshops, and hackathons to help developers and designers to improve their skills, as well as programs to help organizations adapt to the digital transformation and develop innovative solutions.

Program 2
Expenses: $359,992 Revenue: $609,119

Safe Internet Phandeeyar helps change agents, such as civil society groups, independent media and and civic and social entrepreneurs, integrate technology into their work to increase their impact. We...

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Safe Internet Phandeeyar helps change agents, such as civil society groups, independent media and and civic and social entrepreneurs, integrate technology into their work to increase their impact. We ran workshops, seminars, and meetups to help independent voices thrive in Myanmar's digital media environment. Phandeeyar also helped address some of the training to help people understand how to safely and responsibly use social media. Phandeeyar supported community organizations that wanted to use social media and digital content to promote positive messages about peace, tolerance, and inter-communal harmony.

Program 3
Expenses: $249,067 Revenue: $212,838

Social Capacity : To support the local organizations from Myanmar to be more digitally capable through secure, performant and sustainable digital infrastructures, skills and knowhow to help them...

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Social Capacity : To support the local organizations from Myanmar to be more digitally capable through secure, performant and sustainable digital infrastructures, skills and knowhow to help them using technology to increase the impact of their community-support works meanwhile increasing their digital and organisational Capabilities

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,098,404
Program Service Revenue $66,978
Investment Income $0
Other Revenue $846
TOTAL REVENUE $1,166,228

Expense Breakdown

Grants Paid $0
Salaries & Benefits $642,282
Fundraising Expenses $0
Program Expenses $712,450
Other Expenses $494,554
TOTAL EXPENSES $1,136,836

Year-over-Year Comparison

2024 2023 Change
Revenue $1,166,228 $1,391,544 -0.2%
Expenses $1,136,836 $944,646 +0.2%
Net Income $29,392 $446,898 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID MICHAEL MADDEN Chairman 1
Director
$0 $0 $0
Aye Kyithar Swe Director and Treasurer 1
Director
$0 $0 $0
Saijai Liangpunsakul Director and Secretary 1
Director
$0 $0 $0
Andy Annett Director 1
Director
$0 $0 $0
Yan Naung Oak Director 1
Director
$0 $0 $0
Stephen King Director 0
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
2024 $1,166,228 $1,136,836 $1,651,352 $29,392
2023 $1,391,544 $944,646 $1,590,067 $446,898
2022 $986,480 $602,087 $1,211,259 $384,393
2021 $448,381 $877,421 $813,100 $-429,040
2020 $1,902,417 $1,675,542 $1,341,665 $226,875
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