Civic Intelligence

Partners Asia

990 • Fiscal year 2018 • EIN 45-4855118

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 09, 2019

436 14th Street Suite 700Oakland, CA 94612

(510) 274-2424

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.14x

Higher debt load relative to assets than 57% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

58th percentile

0.14x

Higher debt load relative to revenue than 58% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

13th percentile

-21%

Higher net margin than 13% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

85th percentile

$159,465

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 6.3% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

9th percentile

-16%

Faster asset growth than 9% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

5th percentile

-48%

Faster revenue growth than 5% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$2,524,909

Down $464,631 (-16%) from 2017

Net Assets

Down

$2,169,135

Down $525,466 (-20%) from 2017

Liabilities

Up

$355,774

Up $60,835 (+21%) from 2017

Revenue

Down

$2,523,462

Down $2,342,876 (-48%) from 2017

Expenses

Down

$3,047,942

Down $1,003,939 (-25%) from 2017

Net Income

Down

-$524,480

Down $1,338,937 (-164%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2012: $1,681,268Liabilities 2012: $113,253Net Assets 2012: $1,568,0152012Assets 2013: $3,557,716Liabilities 2013: $206,031Net Assets 2013: $3,351,6852013Assets 2014: $3,443,942Liabilities 2014: $349,179Net Assets 2014: $3,094,7632014Assets 2015: $2,552,223Liabilities 2015: $475,780Net Assets 2015: $2,076,4432015Assets 2016: $2,161,186Liabilities 2016: $282,861Net Assets 2016: $1,878,3252016Assets 2017: $2,989,540Liabilities 2017: $294,939Net Assets 2017: $2,694,6012017Assets 2018: $2,524,909Liabilities 2018: $355,774Net Assets 2018: $2,169,1352018Assets 2019: $3,527,140Liabilities 2019: $285,940Net Assets 2019: $3,241,2002019Assets 2020: $5,395,851Liabilities 2020: $239,641Net Assets 2020: $5,156,2102020Assets 2021: $6,552,828Liabilities 2021: $195,028Net Assets 2021: $6,357,8002021Assets 2022: $5,358,556Liabilities 2022: $200,767Net Assets 2022: $5,157,7892022Assets 2023: $8,209,600Liabilities 2023: $200,730Net Assets 2023: $8,008,8702023Assets 2024: $8,575,718Liabilities 2024: $233,870Net Assets 2024: $8,341,8482024

Highlighted filing

2018

Assets$2,524,909
Liabilities$355,774
Net Assets$2,169,135

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2012: $2,340,932Expenses 2012: $1,097,952Net Income 2012: $1,242,9802012Revenue 2013: $3,916,603Expenses 2013: $2,132,933Net Income 2013: $1,783,6702013Revenue 2014: $1,943,755Expenses 2014: $2,200,677Net Income 2014: -$256,9222014Revenue 2015: $1,718,787Expenses 2015: $2,737,107Net Income 2015: -$1,018,3202015Revenue 2016: $2,721,169Expenses 2016: $3,042,602Net Income 2016: -$321,4332016Revenue 2017: $4,866,338Expenses 2017: $4,051,881Net Income 2017: $814,4572017Revenue 2018: $2,523,462Expenses 2018: $3,047,942Net Income 2018: -$524,4802018Revenue 2019: $4,306,652Expenses 2019: $3,227,641Net Income 2019: $1,079,0112019Revenue 2020: $5,378,181Expenses 2020: $3,451,804Net Income 2020: $1,926,3772020Revenue 2021: $5,792,880Expenses 2021: $4,595,228Net Income 2021: $1,197,6522021Revenue 2022: $3,207,814Expenses 2022: $4,413,907Net Income 2022: -$1,206,0932022Revenue 2023: $8,184,500Expenses 2023: $5,175,200Net Income 2023: $3,009,3002023Revenue 2024: $5,791,153Expenses 2024: $5,443,323Net Income 2024: $347,8302024

Highlighted filing

2018

Revenue$2,523,462
Expenses$3,047,942
Net Income-$524,480
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 9, 2019
Return Version
2018v3.1
Gross Receipts
$2,523,462
Mission and Program Overview

Mission

At Partners Asia, we build relationships with innovative organizers in these communities and with international donors, bridging the gap between local leaders and global resources.

Partners Asia supports community initiatives to improve the lives of the most vulnerable among the people of Myanmar. Many of these people live in unstable areas within Myanmar and along its borders, where they are at risk of displacement and exploitation. (continued p.2)

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,102,179$934,974▼ $1,167,205
Savings and Temporary Cash Investments-$912,596-
Pledges and Grants Receivable$836,009$470,000▼ $366,009
Other Notes and Loans Receivable, Net$40,432$71,944▲ $31,512
Prepaid Expenses and Deferred Charges$10,920$21,004▲ $10,084
Accounts Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,989,540$2,524,909▼ $464,631
Other Assets Total-$114,391-
Liabilities
Accounts Payable and Accrued Expenses$251,439$173,582▼ $77,857
Other Liabilities-$109,887-
Grants Payable$43,500$72,305▲ $28,805
Total Liabilities$294,939$355,774▲ $60,835
Net Assets / Fund Balance
Unrestricted Net Assets$1,137,098$1,173,131▲ $36,033
Temporarily Rstr Net Assets$1,557,503$996,004▼ $561,499
Total Net Assets Fund Balance$2,694,601$2,169,135▼ $525,466
Total Liabilities and Net Assets / Fund Balance$2,989,540$2,524,909▼ $464,631
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eileen MoncoeurExec DirectorFT$148,000$11,465$159,465
Pwint HtunDirectorFT$140,000-$140,000
C Lisa Mitchell-ReedCFOPT$116,585-$116,585
Marla Pritchard-FT$94,900$14,358$109,258

Board Members and Trustees

NameTitle
Harold NathanChairman
Jack KornfieldVice Chair
Joe HoganVice Chair
Tabitha JordanDirector
Visra Vichit-VadakanDirector
Jane DudleySecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Pwint HtunConsulting2422 S Ferdinand St, Seattle, WA 98108$140,000
Therese CaouetteConsultingPO Box 11756, Bainbridge Island, WA 98110$125,000
C Lisa Mitchell-ReedConsulting436 14th Street Suite 700, Oakland, CA 94612$116,585
Revenue and Support

Revenue Composition

Contributions and Grants
$2,520,245
Program Service Revenue
$0
Investment Income
$3,217
Other Revenue
$0
All Other Contributions
$2,520,245
Change in Net Assets
$-524,480

Audited Revenue Reconciliation

Revenue per Audited Statements
$727,541
Revenue Not Reported on Financial Statements
$1,795,921
Revenue Not Reported on Form 990
$2,333,103
Other Revenue Adjustments
$1,795,921
Total Revenue per Audited Statements
$3,060,644
Total Revenue per Form 990
$2,523,462
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,764,218
Other Expenses$892,583
Salaries, Compensation, and Employee Benefits$391,141
Total Fundraising Expense$185,652
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$1,764,218--$1,764,218
Other Salaries and Wages$90,714$25,548$60,026$176,288
Current Officers, Directors, Trustees, and Key Employees$76,157$21,449$50,394$148,000
Fees for Services Accounting-$78,373-$78,373
Fees for Services Other$52,717$11,431$13,717$77,865
Other Employee Benefits$14,351$4,300$24,703$43,354
Occupancy$30,190$3,838$3,838$37,866
Payroll Taxes$11,069$3,748$8,682$23,499
Office Expenses$12,850$2,365$3,603$18,818
Conferences and Meetings$11,560$1,872$758$14,190
Travel$8,228$1,507$2,824$12,559
Information Technology$5,643$737$5,950$12,330
Other Expenses$4,155$759$565$5,479
Insurance$1,283$1,037$740$3,060
Total Functional Expenses$2,697,637$164,653$185,652$3,047,942

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,047,942
Total Expenses per Audited Statements$3,047,942
Total Expenses per Form 990$3,047,942
International Activity

International Summary

Offices
2
Employees
3
Spending
$2,697,637

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

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia-MyanmarCommunity AssistanceSee next page11$1,385,660
East Asia-ThailandCommunity AssistanceSee next page12$1,311,977
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease payable LT$70,097
Lease payable current$39,790
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
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 OUTSIDE TAX PROFESSIONAL. THE FORM IS THEN REVIEWED BYTHE ORGANIZATION'S MANAGEMENT. In accordance with IRS Instructions, THE TAX RETURN IS PROVIDED TO Board MEMBERS prior to its submission. A REPRESENTATIVE OF MANAGEMENT SIGNS THE E-FILE AUTHORIZATION AND THE RETURN IS THEN ELECTRONICALLY filed with THE DEPARTMENT OF THE TREASURY.

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

Members of the board of directors review all potential conflicts of interest atleast annually. The executive director and all board members are required to disclose (in writing) potential conflicts and any related party affiliations. Loans between the organization and members of management and the board are strictly prohibited. The organization seeks full transparency on all relationships. Any potential conflicts (in fact or appearance) are discussed openly and resolved in accordance with the organization's policies and procedures.

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

Members of the board of directors review the compensation of all high-level personnel periodically in accordance with irs rules and regulations. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries. Every effort is made to ensure that the process is thorough and transparent in accordance with irs guidelines and the organization's policies and procedures.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Compensation of other high-level personnel and key employees is reviewed periodically by members of management. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries and all related benefits. All decisions are then documented in personnel files.

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

ALL OF THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND OTHER LEGALFILINGS ARE MAINTAINED IN A SECURE ENVIRONMENT AND HELD AVAILABLE FOR INSPECTION BYTAX AUTHORITIES AND THE GENERAL PUBLIC. TAX RETURNS ARE POSTED ANNUALLY TOWWW.GUIDESTAR.ORG (WHERE THEY ARE AVAILABLE FOR VIEWING AS ELECTRONIC COPIES) AND ARE ALSO AVAILABLE FOR A PHYSICAL INSPECTION AT THE ORGANIZATION'S OFFICE IN Oakland, California.

Filing and Contact Details

Filer

Filer Name
Partners Asia
EIN
45-4855118
Phone
5102742424
Address
436 14th Street Suite 700, Oakland, CA 94612

Signing Officer

Name
Eileen Moncoeur
Title
Executive Director
Phone
5102742424
Signed
2019-08-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Harold Nathan
Formed
2012
Legal Domicile
Wa
Voting Board Members
7
Independent Board Members
7
Employees
4
Volunteers
50

Preparer

Firm
Regalia & Associates CPAs
Address
103 Town Country Dr Ste K, Danville, CA 94526
Preparer
Douglas W Regalia
Phone
9253140390
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Migration, Displacement, and Emergency Responses================================================Were helping displaced communities find a place and a voice.How: We are witnessing growing crises in Myanmar and along its borders. As people are forced or move away from their home communities across borders or into urban slums, they become ever more vulnerable. Their very numbers are formidable: more than 720,000 recent Rohingya refugees, an unknown number of internally displaced people in Rakhine State and another 679,000+ in other parts of the country, 103,000+ refugees in camps along the Thailand-Myanmar border, and millions of unregistered migrants who have fled political and economic conflict. They struggle to access basic services, shelter, and protection from exploitation.Partners Asia supports these communities in their efforts to organize around basic needs, such as life-saving food, shelter, and water for refugees and IDPs, and access to education and health care. We also help them advocate for their legal status, including helping to procure ID cards, work permits, passports, and birth certificates. Using Participatory Action Research, theyre able to document the issues within their own communities, analyze the realities they face, and devise strategies with government and other stakeholders for change.Education=========Migrant children and those who live in rural areas or city slums often have limited access to education; we want them in school and for their schooling to count. How: Access to a basic education is not assured for many children in the communities we reach. We support non-formal schools in refugee settlements, city slums, monasteries, and even in plantations all to help prevent children from getting lost amid the ethnic tensions and displacements. Beyond the classrooms, we back efforts to standardize accreditation so that children who study in non-formal schools can have their education recognized in both Thailand and Myanmar. Keeping children in school deters human trafficking, labor exploitation, early marriage, and the cycle of poverty.Gender Equality===============Inclusion, human rights, and justice for all.Our Gender Program aims to strengthen the positions of women and LGBTQIs within their communities and encourage their aspirations, while promoting tolerance and respect. Our multi-pronged approach includes grants addressing immediate needs, mentorship for emerging leaders, networking opportunities, and communications training. This support better enables women and LGBTQIs to engage with the Myanmar government and international human rights mechanisms to raise awareness and advocate for their rights. Our direct grants also support the establishment of women's savings groups, access to digital financial services, family planning, and more.

Other Changes In Net Assets Or Fund Balances - Other Increases

currency gains = $0

Other Changes In Net Assets Or Fund Balances - Other Decreases

Currency losses = -$1669

Other Changes In Net Assets Or Fund Balances - Other Increases

Unrealized gain = $683

Financial Statement Notes

Part X : FIN48 Footnote

Income TaxesFinancial statement presentation follows the recommendations of ASC 740, Income Taxes. Under ASC 740, Partners Asia is required to report information regarding its exposure to various tax positions taken by the organization and requires a two-step process that separates recognition from measurement. The first step is determining whether a tax position has met the recognition threshold; the second step is measuring a tax position that meets the recognition threshold. Management believes that Partners Asia has adequately evaluated its current tax positions and has concluded that as of December 31, 2018, Partners Asia does not have any uncertain tax positions for which a reserve or an accrual for a tax liability would be necessary.Partners Asia has received notification from the Internal Revenue Service and the State of California that it qualifies for tax-exempt status under Section 501(c)(3) of the Internal Revenue Code and Section 23701d of the California Revenue and Taxation Code. This exemption is subject to periodic review by the federal and state taxing authorities and management is confident that the organization continues to satisfy all federal and state statutes in order to qualify for continued tax exemption status. Partners Asia may periodically receive unrelated business income requiring the organization to file separate tax returns under federal and state statutes. Under such conditions, Partners Asia calculates and accrues the applicable taxes payable.

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Unrealized gain $683 Released from restriction $2332420

Part XI, Line 4B: Other revenue amounts included on 990 but not included in F/S

Restricted contributions $1795921

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IRS990/ProgSrvcAccomActy2Grp/Desc0Thailand Program: Partners Asia directly engaged local leaders and community-based organizations all along the Thailand-Myanmar border and migrants in urban centers. As in Myanmar, opportunities, risks, and needs differ depending on community. In Thailand, Partners Asias partners worked with people who fled poverty and/or fighting in Myanmar, tailoring projects given their unique local knowledge that include: formal and non-formal schooling for Myanmar and stateless children; humanitarian emergency support to communities severely affected by fighting; assistance for migrants to obtain work permits and legal documentation; free medical care for poor migrants unrecognized as refugees. Partners Asia offers individual support to local group leaders to improve programs and operations, and is building networks across the border into Myanmar.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Leadership and Community Development====================================Core to our mission: Mentoring a deep bench of local leaders. How: Local leadership is more important than ever, as the country grapples with the daunting challenges of a tenuous democracy and humanitarian crises. Identifying and investing in leaders from mobile and ethnic minority communities is essential, to ensure their voices are heard and their rights protected. Our Leadership Fund expressly initiated to develop a new generation of leaders has already aided 800 people in advocacy, campaigning, journalism, social media messaging, and organizational management. We support them to build the knowledge, skills, confidence, and networks they need. [continued on Schedule O]
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