Civic Intelligence

Filipino-American Development Foundation

990 • Fiscal year 2016 • EIN 94-3300090

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 03, 2017

1010 Mission St Ste BSan Francisco, CA 94103

(415) 348-8042

Siviq Scores

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

Liabilities / Assets

40th percentile

0.05x

Higher debt load relative to assets than 40% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

32nd percentile

0.04x

Higher debt load relative to revenue than 32% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

54th percentile

3.3%

Higher net margin than 54% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

37th percentile

$11,157

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

34th percentile

-2.3%

Faster asset growth than 34% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

76th percentile

19%

Faster revenue growth than 76% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,796,580

Down $41,484 (-2.3%) from 2015

Net Assets

Up

$1,709,779

Up $62,254 (+3.8%) from 2015

Liabilities

Down

$86,801

Down $103,738 (-54%) from 2015

Revenue

Up

$2,269,500

Up $362,918 (+19%) from 2015

Expenses

Up

$2,195,522

Up $295,243 (+16%) from 2015

Net Income

Up

$73,978

Up $67,675 (+1074%) from 2015

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,343,064Liabilities 2010: $4,446Net Assets 2010: $1,338,6182010Assets 2011: $1,521,905Liabilities 2011: $108,193Net Assets 2011: $1,413,7122011Assets 2012: $1,350,495Liabilities 2012: $2,754Net Assets 2012: $1,347,7412012Assets 2013: $1,197,732Liabilities 2013: $8,911Net Assets 2013: $1,188,8212013Assets 2014: $1,788,876Liabilities 2014: $191,822Net Assets 2014: $1,597,0542014Assets 2015: $1,838,064Liabilities 2015: $190,539Net Assets 2015: $1,647,5252015Assets 2016: $1,796,580Liabilities 2016: $86,801Net Assets 2016: $1,709,7792016Assets 2017: $2,121,053Liabilities 2017: $30,784Net Assets 2017: $2,090,2692017Assets 2018: $2,049,042Liabilities 2018: $86,264Net Assets 2018: $1,962,7782018Assets 2019: $2,226,589Liabilities 2019: $751,563Net Assets 2019: $1,475,0262019Assets 2020: $2,718,738Liabilities 2020: $1,214,435Net Assets 2020: $1,504,3032020Assets 2021: $2,851,628Liabilities 2021: $1,241,087Net Assets 2021: $1,610,5412021Assets 2022: $3,062,235Liabilities 2022: $1,374,565Net Assets 2022: $1,687,6702022Assets 2023: $3,940,888Liabilities 2023: $1,704,800Net Assets 2023: $2,236,0882023Assets 2024: $3,675,446Liabilities 2024: $2,008,387Net Assets 2024: $1,667,0592024

Highlighted filing

2016

Assets$1,796,580
Liabilities$86,801
Net Assets$1,709,779

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $453,709Expenses 2010: $520,879Net Income 2010: -$67,1702010Revenue 2011: $576,987Expenses 2011: $501,893Net Income 2011: $75,0942011Revenue 2012: $373,917Expenses 2012: $431,979Net Income 2012: -$58,0622012Revenue 2013: $329,970Expenses 2013: $375,307Net Income 2013: -$45,3372013Revenue 2014: $2,144,643Expenses 2014: $1,666,529Net Income 2014: $478,1142014Revenue 2015: $1,906,582Expenses 2015: $1,900,279Net Income 2015: $6,3032015Revenue 2016: $2,269,500Expenses 2016: $2,195,522Net Income 2016: $73,9782016Revenue 2017: $2,829,522Expenses 2017: $2,526,692Net Income 2017: $302,8302017Revenue 2018: $3,216,243Expenses 2018: $3,241,471Net Income 2018: -$25,2282018Revenue 2019: $660,127Expenses 2019: $591,137Net Income 2019: $68,9902019Revenue 2020: $722,136Expenses 2020: $667,859Net Income 2020: $54,2772020Revenue 2021: $1,027,617Expenses 2021: $696,379Net Income 2021: $331,2382021Revenue 2022: $1,655,122Expenses 2022: $1,636,842Net Income 2022: $18,2802022Revenue 2023: $2,462,732Expenses 2023: $1,914,314Net Income 2023: $548,4182023Revenue 2024: $2,345,251Expenses 2024: $2,917,688Net Income 2024: -$572,4372024

Highlighted filing

2016

Revenue$2,269,500
Expenses$2,195,522
Net Income$73,978
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 3, 2017
Return Version
2016v3.0
Gross Receipts
$2,269,500
Mission and Program Overview

Mission

The Filipino-American Development Foundation (FADF) is a nonprofit organization founded in March 1997 to develop initiatives and resources to strengthen the social, physical, and economic well being of the Filipino American community with special attention to the underserved segments of the community. FADF's involvement in the community centers on the needs of the seniors and immigrant families in San Francisco and has taken a responsive, participatory, and an asset-based approach to serving 2000 clients per year at FADF's Bayanihan Community Center through after-school programs, community mental health programs, and cultural & art programming for low-income families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$898,719$874,549▼ $24,170
Accounts Receivable$792,196$637,816▼ $154,380
Cash and Non-Interest-Bearing Accounts$143,459$275,978▲ $132,519
Prepaid Expenses and Deferred Charges$3,690$8,236▲ $4,546
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants 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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,838,064$1,796,580▼ $41,484
Other Assets Total-$1-
Liabilities
Accounts Payable and Accrued Expenses$190,539$86,801▼ $103,738
Total Liabilities$190,539$86,801▼ $103,738
Net Assets / Fund Balance
Unrestricted Net Assets$1,252,524$1,165,493▼ $87,031
Temporarily Rstr Net Assets$395,001$544,286▲ $149,285
Total Net Assets Fund Balance$1,647,525$1,709,779▲ $62,254
Total Liabilities and Net Assets / Fund Balance$1,838,064$1,796,580▼ $41,484

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$868,569$290,036$1,158,605
Equipment$5,101$25,472$30,573
Other Land Buildings$879$6,326$7,205
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Bernadette SySec./Exec. DirectorPT$11,157$11,157

Board Members and Trustees

NameTitle
Ligaya AvenidaPresident
Don GutierezDirector
Erwin BonillaDirector
Sandra PanopioDirector
Lourdes TancincoCo-Vice Pres.
Marivic ChennaultCo-Vice Pres.
Chito DesuasidoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,166,131
Program Service Revenue
$102,651
Investment Income
$11
Other Revenue
$707
All Other Contributions
$1,080,883
Change in Net Assets
$73,978

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,269,500
Total Revenue per Audited Statements
$2,269,500
Total Revenue per Form 990
$2,269,500
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,447,225
Other Expenses$748,297
Total Fundraising Expense$3,845
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,299,789$8,924$2,975$1,311,688
All Other Expenses$147,553$4,052$125$151,730
Other Employee Benefits$123,252$846$282$124,380
Occupancy$96,421--$96,421
Other Expenses$31,692$218$73$31,983
Travel$30,790--$30,790
Depreciation Depletion$27,885$2,399-$30,284
Insurance$12,776$1,264-$14,040
Current Officers, Directors, Trustees, and Key Employees$11,056$76$25$11,157
Fees for Services Accounting$7,802$772-$8,574
Conferences and Meetings$8,032--$8,032
Fees for Services Other$2,519--$2,519
Total Functional Expenses$2,164,715$26,962$3,845$2,195,522

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,195,522
Total Expenses per Audited Statements$2,195,522
Total Expenses per Form 990$2,195,522
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
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Copy of Form 990 provided to governing body before it was filed.

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

Every FADF Board and staff should complete and sign conflict of interest policy.

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

The board of directors discuss and approve at beginning of calendar year for ED annually.

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

The board of directors discuss and approve.

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

Upon request

Filing and Contact Details

Filer

Filer Name
Filipino-American Development Foundation
EIN
94-3300090
Phone
4153488042
Address
1010 Mission St Ste B, San Francisco, CA 94103

Signing Officer

Name
Bernadette Borja Sy
Title
Executive Director
Signed
2017-11-03
Discuss with paid preparer
Yes

Organization Details

Formed
1997
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
57

Preparer

Firm
Lamorena & Chang CPA
Address
22 BATTERY ST STE 412, SAN FRANCISCO, CA 94111
Preparer
Steven Chang
Phone
4157818441
Supplemental Narrative

Additional Explanations

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

OTHER PROGRAM SERVICES 4: Galing Bata After School Program FADF administers a Filipino bilingual bicultural after-school & summer program for students K-8 at the Bessie Carmichael/Filipino Education Center School since 2001. The program provides cultural and linguistic biliteracy in English and Filipino (Tagalog) and promotes the development of a healthy bicultural identity by harmonizing the Filipino and American identities of the children. We serve approximately 100 students in this program each school year. OTHER PROGRAM SERVICES 5: Fiscal Support to Filipino-serving programs Provide fiscal and administrative support to several nonprofit agencies providing various Filipino culturally and linguistically sensitive social, support and community services to all ages in San Francisco. OTHER PROGRAM SERVICES 6: Filipino Mental Health Initiative program educates, provides outreach and engagement, and builds capacity within the Filipino community in SF to reduce mental health stigma, promote awareness, increase access to culturally appropriate wellness services, and increase effectiveness of the behavioral health services to Filipinos in SF. OTHER PROGRAM SERVICES 7: All other programs

Financial Statement Notes

Part X : FIN48 Footnote

The organization has evaluated its current tax positions as of December 31, 2014 and is not aware of any significant uncertain tax positions for which a reserve would be necessary.

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IRS990/MissionDesc0The Filipino-American Development Foundation (FADF) is a nonprofit organization founded in March 1997 to develop initiatives and resources to strengthen the social, physical, and economic well being of the Filipino American community with special attention to the underserved segments of the community. FADF's involvement in the community centers on the needs of the seniors and immigrant families in San Francisco and has taken a responsive, participatory, and an asset-based approach to serving 2000 clients per year at FADF's Bayanihan Community Center through after-school programs, community mental health programs, and cultural & art programming for low-income families.
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08236
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IRS990/ProgramServiceRevenueGrp/Desc0Fiscal Income
IRS990/ProgramServiceRevenueGrp/Desc1Program Service Fees
IRS990/ProgramServiceRevenueGrp/Desc2Rental Income
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt17045
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt17045
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt219494
IRS990/ProgSrvcAccomActy2Grp/Desc0Galing Bata After School Program FADF administers a Filipino bilingual bicultural after-school & summer program for students K-8 at the Bessie Carmichael/Filipino Education Center School since 2001. The program provides cultural and linguistic biliteracy in English and Filipino (Tagalog) and promotes the development of a healthy bicultural identity by harmonizing the Filipino and American identities of the children. We serve approximately 100 students in this program each school year.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0272000
IRS990/ProgSrvcAccomActy3Grp/Desc0Bayanihan Community Center The Bayanihan Community Center is managed by FADF. The 7,000 sf space includes nonprofit offices, community program space, conference room, and technology computer room. The space is shared among various neighborhood community residents and nonprofits serving low-income individuals and families.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt085000
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IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0629371
IRS990/PYOtherRevenueAmt082500
IRS990/PYProgramServiceRevenueAmt088171
IRS990/PYRevenuesLessExpensesAmt06303
IRS990/PYSalariesCompEmpBnftPaidAmt01270908
IRS990/PYTotalExpensesAmt01900279
IRS990/PYTotalRevenueAmt01906582
IRS990/QuidProQuoContributionsInd0false
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IRS990/ReconcilationRevenueExpnssAmt073978
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
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IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
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IRS990ScheduleA/TotalSupportAmt07054904
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt025472
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IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01158605
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0879
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IRS990ScheduleD/RevenueSubtotalAmt02269500
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The organization has evaluated its current tax positions as of December 31, 2014 and is not aware of any significant uncertain tax positions for which a reserve would be necessary.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0874549
IRS990ScheduleD/TotalExpensesPerForm990Amt02195522
IRS990ScheduleD/TotalRevenuePerForm990Amt02269500
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02269500
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02195522
IRS990/ScheduleJRequiredInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: Galing Bata After School Program FADF administers a Filipino bilingual bicultural after-school & summer program for students K-8 at the Bessie Carmichael/Filipino Education Center School since 2001. The program provides cultural and linguistic biliteracy in English and Filipino (Tagalog) and promotes the development of a healthy bicultural identity by harmonizing the Filipino and American identities of the children. We serve approximately 100 students in this program each school year. OTHER PROGRAM SERVICES 5: Fiscal Support to Filipino-serving programs Provide fiscal and administrative support to several nonprofit agencies providing various Filipino culturally and linguistically sensitive social, support and community services to all ages in San Francisco. OTHER PROGRAM SERVICES 6: Filipino Mental Health Initiative program educates, provides outreach and engagement, and builds capacity within the Filipino community in SF to reduce mental health stigma, promote awareness, increase access to culturally appropriate wellness services, and increase effectiveness of the behavioral health services to Filipinos in SF. OTHER PROGRAM SERVICES 7: All other programs
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Copy of Form 990 provided to governing body before it was filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Every FADF Board and staff should complete and sign conflict of interest policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The board of directors discuss and approve at beginning of calendar year for ED annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The board of directors discuss and approve.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Upon request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d: Other Program Services Description
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.68$2.01$1.67$2.35$2.92$0.57
2023Detailed filing. Detailed filing data is available for this year.$3.94$1.70$2.24$2.46$1.91$0.55
2022Detailed filing. Detailed filing data is available for this year.$3.06$1.37$1.69$1.66$1.64$0.02
2021Detailed filing. Detailed filing data is available for this year.$2.85$1.24$1.61$1.03$0.70$0.33
2020Detailed filing. Detailed filing data is available for this year.$2.72$1.21$1.50$0.72$0.67$0.05
2019Detailed filing. Detailed filing data is available for this year.$2.23$0.75$1.48$0.66$0.59$0.07
2018Detailed filing. Detailed filing data is available for this year.$2.05$0.09$1.96$3.22$3.24$0.03
2017Detailed filing. Detailed filing data is available for this year.$2.12$0.03$2.09$2.83$2.53$0.30
2016Detailed filing. Detailed filing data is available for this year.$1.80$0.09$1.71$2.27$2.20$0.07
2015Detailed filing. Detailed filing data is available for this year.$1.84$0.19$1.65$1.91$1.90$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.79$0.19$1.60$2.14$1.67$0.48
2013Summary only. Only limited summary data is available for this year.$1.20$0.01$1.19$0.33$0.38$0.05
2012Summary only. Only limited summary data is available for this year.$1.35$0.00$1.35$0.37$0.43$0.06
2011Summary only. Only limited summary data is available for this year.$1.52$0.11$1.41$0.58$0.50$0.08
2010Summary only. Only limited summary data is available for this year.$1.34$0.00$1.34$0.45$0.52$0.07