Civic Intelligence

Paho Foundation

EIN 23-7072046 • 501(c)3 • Atlanta, GA

Profile

The Foundation seeks to improve the health of people in the Americas. In furtherance of its Exempt Purpose, the Foundation raises, manages, and distributes funds to support activities conducted primarily in the Latin America-Caribbean regions. A volunteer Board of Trustees sets program priorities for the Foundation, and selects projects of merit.

2 Ravinia Drive NE Suite 1540Atlanta, GA 30346

www.pahofoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

67th percentile

0.29x

Higher debt load relative to assets than 67% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

81st percentile

0.78x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

18th percentile

-11%

Higher net margin than 18% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

8th percentile

-15%

Faster asset growth than 8% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

9th percentile

-30%

Faster revenue growth than 9% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Down

$5,775,034

Down $985,884 (-15%) from 2015

Liabilities

Down

$1,691,847

Down $340,476 (-17%) from 2015

Net Assets

Down

$4,083,187

Down $645,408 (-14%) from 2015

Revenue

Down

$2,164,567

Down $934,028 (-30%) from 2015

Expenses

Down

$2,413,350

Down $1,131,904 (-32%) from 2015

Net Income

Up

-$248,783

Up $197,876 (+44%) from 2015

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2010: $31,442,745Liabilities 2010: $5,926,794Net Assets 2010: $25,515,9512010Assets 2011: $26,942,219Liabilities 2011: $4,096,012Net Assets 2011: $22,846,2072011Assets 2012: $5,683,006Liabilities 2012: $1,445,023Net Assets 2012: $4,237,9832012Assets 2013: $4,248,244Liabilities 2013: $868,328Net Assets 2013: $3,379,9162013Assets 2015: $6,760,918Liabilities 2015: $2,032,323Net Assets 2015: $4,728,5952015Assets 2016: $5,775,034Liabilities 2016: $1,691,847Net Assets 2016: $4,083,1872016

Highlighted filing

2016

Assets$5,775,034
Liabilities$1,691,847
Net Assets$4,083,187

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $4,260,5852010Expenses 2011: $4,880,1692011Expenses 2012: $2,971,2762012Revenue 2013: $1,170,315Expenses 2013: $1,483,106Net Income 2013: -$312,7912013Revenue 2015: $3,098,595Expenses 2015: $3,545,254Net Income 2015: -$446,6592015Revenue 2016: $2,164,567Expenses 2016: $2,413,350Net Income 2016: -$248,7832016

Highlighted filing

2016

Revenue$2,164,567
Expenses$2,413,350
Net Income-$248,783

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$2,164,567
Mission and Program Overview

Mission

The Foundation seeks to improve the health of people in the Americas. In furtherance of its Exempt Purpose, the Foundation raises, manages, and distributes funds to support activities conducted primarily in the Latin America-Caribbean regions. A volunteer Board of Trustees sets program priorities for the Foundation, and selects projects of merit.

The Foundation seeks to improve the health of people in the Americas. In furtherance of its Exempt Purpose, the Foundation raises, manages, and distributes funds to support activities conducted primarily in the Latin America-Caribbean regions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,375,150$2,214,369▼ $160,781
Investments in Publicly Traded Securities$1,515,748$1,530,684▲ $14,936
Pledges and Grants Receivable$2,556,428$984,660▼ $1,571,768
Cash and Non-Interest-Bearing Accounts$98,903$762,466▲ $663,563
Land, Buildings, and Equipment, Net$150,384$226,435▲ $76,051
Prepaid Expenses and Deferred Charges$30,009$30,591▲ $582
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$6,760,918$5,775,034▼ $985,884
Other Assets Total$34,296$25,829▼ $8,467
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,793,788$1,474,916▼ $318,872
Accounts Payable and Accrued Expenses$238,535$216,931▼ $21,604
Total Liabilities$2,032,323$1,691,847▼ $340,476
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,905,518$2,123,474▲ $217,956
Unrestricted Net Assets$2,823,077$1,959,713▼ $863,364
Total Net Assets Fund Balance$4,728,595$4,083,187▼ $645,408
Total Liabilities and Net Assets / Fund Balance$6,760,918$5,775,034▼ $985,884

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$226,435$50,763$277,198
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jennie Ward-Robinson PhDPresident & CEOFT$298,944$98,143$397,087
Areana QuinonesDirector ProgramsFT$105,569$13,145$118,714
Eric High thru JULY 2016CFOFT$78,751$9,279$88,030

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Gaido & FintzenLegal30 N LaSalle St Ste 3010, Chicago, IL 60602$108,178
Revenue and Support

Revenue Composition

Contributions and Grants
$2,061,807
Program Service Revenue
$0
Investment Income
$102,760
Other Revenue
$0
All Other Contributions
$2,061,807
Change in Net Assets
$-248,783

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,164,567
Revenue Not Reported on Form 990
$54,733
Total Revenue per Audited Statements
$2,219,300
Total Revenue per Form 990
$2,164,567
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,242,036
Other Expenses$973,028
Grants and Similar Amounts Paid$198,286
Total Fundraising Expense$29,812
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$312,263$275,037$10,681$597,981
Current Officers, Directors, Trustees, and Key Employees$253,231$223,154$8,732$485,117
Grants to Domestic Orgs$192,286--$192,286
Travel$48,171$74,298-$122,469
Fees for Services Legal$60,376$46,899$903$108,178
Fees for Services Accounting$48,426$35,374$1,171$84,971
Other Employee Benefits$43,947$38,710$1,505$84,162
Payroll Taxes$37,592$33,118$1,290$72,000
Fees for Services Other$36,946$29,818$830$67,594
Occupancy$27,319$19,956$660$47,935
All Other Expenses$21,610$15,783$522$37,915
Depreciation Depletion$20,397$14,900$493$35,790
Other Expenses$18,495$13,510$447$32,452
Office Expenses$13,847$12,633$335$26,815
Fees for Service Investment Mgmnt Fees-$24,733-$24,733
Insurance$3,519$2,570$85$6,174
Foreign Grants$6,000--$6,000
Information Technology$2,421$1,768$59$4,248
Pension Plan Contributions$1,450$1,277$49$2,776
Advertising$312$228$8$548
Total Functional Expenses$1,358,072$1,025,466$29,812$2,413,350

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,468,083
Expenses per Audited Statements$2,413,350
Total Expenses per Form 990$2,413,350
Expenses Not Reported on Form 990$54,733
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
PahoWashington, DC501 (c) (3)Support Organization's Mission$163,012

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is prepared by an independent accounting firm and reviewed by the foundation's president and ceo and the foundation's OUTSOURCED CPA. The draft form 990 is then provided to the full board of directors prior to the filing with the Internal revenue service.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Each grant or contract is reviewed by management and the board of directors before signing to ensure there are no conflicts associated with the respective grant or contract.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Foundation's Board of directors approve the compensation of the executive and documents arrangement through employment contracts.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The foundation makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
PAHO Foundation
EIN
23-7072046
Phone
4043828699
Address
2 Ravinia Drive NE Suite 1540, Atlanta, GA 30346

Signing Officer

Name
Jennie Ward-Robinson
Title
President & CEO
Signed
2017-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennie Ward-Robinson
Formed
1968
Legal Domicile
Dc
Voting Board Members
7
Independent Board Members
7
Employees
20
Volunteers
7

Preparer

Firm
Lydon Fetterolf Corydon PA
Address
9401 Key West Avenue, Rockville, MD 20850
Preparer
Jeff Corydon IV CPA CFP
Phone
3019484400
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

Net Increase in Temporarily Restricted Net Assets = $217956

Form 990, Part V, Line 1C - Backup Withholding Rules

Backup withholding rules did not apply to the organization but if they would apply the organization would comply.

Financial Statement Notes

Part X : FIN48 Footnote

The Foundation is exempt from income tax under Section 501(c)(3) of the Internal Revenue Code. Income from nonexempt functions is subject to unrelated business income taxes to the extent that the revenue exceeds related costs. The Foundation incurred $0 of unrelated business income taxes for the year ended December 31, 2016. In addition, the Internal Revenue Service has determined the Foundation is not a private foundation within the meaning of Section 509(a)(2).The Foundation follows the accounting standard on accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the Foundation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods.Management evaluated Foundations tax positions and concluded that the Foundation had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. Currently, the tax years open and subject to examination by the Internal Revenue Service are 2013, 2014 and 2015 tax years.

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IRS990/MissionDesc0The Foundation seeks to improve the health of people in the Americas. In furtherance of its Exempt Purpose, the Foundation raises, manages, and distributes funds to support activities conducted primarily in the Latin America-Caribbean regions. A volunteer Board of Trustees sets program priorities for the Foundation, and selects projects of merit.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Non-Communicable Diseases - the FOUNDATION SUPPORTS WORK TO REDUCE WOMEN'S CANCER INCIDENCE AND MORTALITY IN THE AMERICAS THROUGH PARTNERSHIPS MEANT TO ADDRESS PREVENTION, DIAGNOSIS, TREATMENT, AND CARE. Additionally, the Foundation works to address complications related to early pregnancy and prevention of adolescent pregnancy.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Health Systems - the Foundation supports work to improve the health systems in the Americas through partnerships that address the creation of new guidelines that seek to improve policies, addressing women's health, and engaging in activities that support work and school based health and wellness.
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