FRIENDS OF THE UNIVERSITY OF THE PHILIPPINES FOUNDATION IN AMERICA

EIN: 942838248 501(c)(3) International Affairs

CONCORD, CA

Total Revenue
$280,489
Total Expenses
$204,990
Total Assets
$1,505,884
Net Assets
$1,505,884
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
CA
Principal Officer
POLLY S CORTEZ
Phone
9258767695
Tax Period
2023-07-01 to 2024-06-30

FRIENDS OF THE UNIVERSITY OF THE PHILIPPINES FOUNDATION IN AMERICA, founded in 1982, is a small nonprofit in the International Affairs sector that reported $280K in total revenue in fiscal year 2023. Revenue surged 135% from the prior year, signaling strong growth momentum. The organization ran a surplus of $75K, a strong 27% operating margin.

Mission

TO PROMOTE THE GROWTH AND DEVELOPMENT OF COLLEGIATE AND GRADUATE EDUCATION AND SCHOLARSHIP.

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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 (2023)

Revenue Breakdown

Contributions & Grants $198,449
Program Service Revenue $0
Investment Income $82,040
Other Revenue $0
TOTAL REVENUE $280,489

Expense Breakdown

Grants Paid $169,470
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $204,990
Other Expenses $35,520
TOTAL EXPENSES $204,990

Year-over-Year Comparison

2023 2022 Change
Revenue $280,489 $119,131 +1.4%
Expenses $204,990 $79,456 +1.6%
Net Income $75,499 $39,675 +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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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

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Governance

Voting Members
12
Independent Members
12
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
4
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANGELO A JIMENEZ PRESIDENT 30.00
Officer Director
$0 $0 $0
LOURDES TANCINCO VICE CHAIR 30.00
Officer Director
$0 $0 $0
SONIA T DELEN CORPORATE SECRETARY 30.00
Officer Director
$0 $0 $0
JULIETA ZARATE HUDSON BOARD MEMBER 48.00
Director
$0 $0 $0
POLLY S CORTEZ CFO 60.00
Officer Director
$0 $0 $0
MARIAN CATEDRAL KING BOARD MEMBER 12.00
Director
$0 $0 $0
LEOPOLDO M CLEMENTE BOARD MEMBER 12.00
Director
$0 $0 $0
VICENTE R LIMCAOCO BOARD MEMBER 12.00
Director
$0 $0 $0
MAE C ECHANIS BOARD MEMBER 12.00
Director
$0 $0 $0
EMILIO JOJO ROQUE JR BOARD MEMBER 12.00
Director
$0 $0 $0
CRISOSTOMO B GARCIA BOARD MEMBER 12.00
Director
$0 $0 $0
VICTOR VILLAGRACIA BOARD MEMBER 12.00
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 $280,489 $204,990 $1,505,884 $75,499
2023 $119,131 $79,456 $1,432,284 $39,675
2022 $204,138 $289,561 $1,390,707 $-85,423
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