Civic Intelligence

Philippine Development Foundation DBA Phildev USA

990 • Fiscal year 2019 • EIN 94-3369973

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

Organization ProfileWWW.PHILDEV.ORG
325 Lytton Avenue No 4APalo Alto, CA 94301

(650) 656-9507

Siviq Scores

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

Liabilities / Assets

41st percentile

0.01x

Higher debt load relative to assets than 41% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

40th percentile

0.01x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

83rd percentile

30%

Higher net margin than 83% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

85th percentile

35%

Faster asset growth than 85% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

91st percentile

82%

Faster revenue growth than 91% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets41st percentile

Assets

Up

$539,011

Up $140,739 (+35%) from 2018

Net Assets

Up

$533,078

Up $160,809 (+43%) from 2018

Liabilities

Down

$5,933

Down $20,070 (-77%) from 2018

Revenue And Expenses
Liabilities / Revenue40th percentileNet Margin83rd percentile

Revenue

Up

$540,707

Up $243,710 (+82%) from 2018

Expenses

Up

$379,898

Up $142,386 (+60%) from 2018

Net Income

Up

$160,809

Up $101,324 (+170%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth85th percentile

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

$1.5M$1.0M$500K$0Assets 2010: $943,685Liabilities 2010: $14,390Net Assets 2010: $929,2952010Assets 2011: $968,729Liabilities 2011: $20,229Net Assets 2011: $948,5002011Assets 2012: $307,517Liabilities 2012: $39,952Net Assets 2012: $267,5652012Assets 2013: $288,408Liabilities 2013: $17,556Net Assets 2013: $270,8522013Assets 2014: $500,405Liabilities 2014: $7,427Net Assets 2014: $492,9782014Assets 2015: $364,985Liabilities 2015: $58,222Net Assets 2015: $306,7632015Assets 2016: $180,303Liabilities 2016: $4,315Net Assets 2016: $175,9882016Assets 2017: $324,204Liabilities 2017: $11,420Net Assets 2017: $312,7842017Assets 2018: $398,272Liabilities 2018: $26,003Net Assets 2018: $372,2692018Assets 2019: $539,011Liabilities 2019: $5,933Net Assets 2019: $533,0782019Assets 2020: $1,100,803Liabilities 2020: $46,384Net Assets 2020: $1,054,4192020Assets 2021: $640,053Liabilities 2021: $10,013Net Assets 2021: $630,0402021Assets 2022: $887,133Liabilities 2022: $55,401Net Assets 2022: $831,7322022Assets 2023: $412,873Liabilities 2023: $13,159Net Assets 2023: $399,7142023Assets 2024: $471,111Liabilities 2024: $10,367Net Assets 2024: $460,7442024

Highlighted filing

2019

Assets$539,011
Liabilities$5,933
Net Assets$533,078
Open 2019 Filing

Operations Trend

Revenue Growth91st percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,590,2612010Expenses 2011: $1,398,9092011Expenses 2012: $1,630,7842012Revenue 2013: $761,735Expenses 2013: $758,448Net Income 2013: $3,2872013Revenue 2014: $715,454Expenses 2014: $493,328Net Income 2014: $222,1262014Revenue 2015: $543,280Expenses 2015: $730,143Net Income 2015: -$186,8632015Revenue 2016: $306,791Expenses 2016: $437,566Net Income 2016: -$130,7752016Revenue 2017: $439,526Expenses 2017: $302,730Net Income 2017: $136,7962017Revenue 2018: $296,997Expenses 2018: $237,512Net Income 2018: $59,4852018Revenue 2019: $540,707Expenses 2019: $379,898Net Income 2019: $160,8092019Revenue 2020: $547,819Expenses 2020: $214,220Net Income 2020: $333,5992020Revenue 2021: $419,528Expenses 2021: $400,642Net Income 2021: $18,8862021Revenue 2022: $361,557Expenses 2022: $439,609Net Income 2022: -$78,0522022Revenue 2023: $144,069Expenses 2023: $295,600Net Income 2023: -$151,5312023Revenue 2024: $433,006Expenses 2024: $446,720Net Income 2024: -$13,7142024

Highlighted filing

2019

Revenue$540,707
Expenses$379,898
Net Income$160,809
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$644,310
Mission and Program Overview

Mission

Phildev is a nonprofit, innovation organization that accelerates science and technology for national programs and initiatives. Our mission is to eradicate poverty in the philippines and enable success for all filipinos. Phildev brings together government organizations, the academe and private industry to build sustainable and economic growth for the philippines. We form partnerships, channel investments, and help build a robust stem environment through programs in education, innovation, and entrepreneurship.

Phildev is a nonprofit, innovation organization that accelerates science and technology for national programs and initiatives. Our mission is to eradicate poverty in the philippines and enable success for all filipinos.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$199,076$284,082▲ $85,006
Cash and Non-Interest-Bearing Accounts$199,196$254,929▲ $55,733
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$398,272$539,011▲ $140,739
Liabilities
Accounts Payable and Accrued Expenses$26,003$5,933▼ $20,070
Total Liabilities$26,003$5,933▼ $20,070
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$305,837$420,598▲ $114,761
Net Assets With Donor Restrictions$66,432$112,480▲ $46,048
Total Net Assets Fund Balance$372,269$533,078▲ $160,809
Total Liabilities and Net Assets / Fund Balance$398,272$539,011▲ $140,739

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$13,062$13,062
Compensation and Service Providers
Top Officer Pay50th percentile

Board Members and Trustees

NameTitle
Diosdado BanataoChairman
Jones CastroExecutive Vice Chairman
Angelina CastroExecutive Director
Catherine BuanTrustee
Christina OrielTrustee
Christine Songco LauTrustee
Cora OrielTrustee
Cris LibanTrustee
Denny RojaTrustee
Don LopezTrustee
Eric ManlunasTrustee
Gail AlvarezTrustee
Kai Elmer SottoTrustee
Lynn HessTrustee
Maria BanataoTrustee
Michael BalaoingTrustee
Paolo MalabuyoTrustee
Randy ReyesTrustee
Regina Manzana-sawhneyTrustee
Rigoberto AdvinculaTrustee
Sheila MarceloTrustee
Sherri BurkeTrustee
Jerry HeldAdviser
Joe LumardaAdviser
Josie ChernoffAdviser
Loida LewisAdviser
Toby StuartAdviser
Danilo LopezTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$536,211
Program Service Revenue
$0
Investment Income
$60
Other Revenue
$4,436
All Other Contributions
$368,847
Change in Net Assets
$160,809

Audited Revenue Reconciliation

Revenue per Audited Statements
$540,707
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$63,750
Total Revenue per Audited Statements
$604,457
Total Revenue per Form 990
$540,707
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$275,000
Other Expenses$101,560
Total Fundraising Expense$47,160
Salaries, Compensation, and Employee Benefits$3,338
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$275,000--$275,000
Fees for Services Other-$41,918-$41,918
Travel-$4,233-$4,233
Other Employee Benefits$1,335$1,335$668$3,338
Insurance-$2,170-$2,170
All Other Expenses-$1,566-$1,566
Other Expenses$1,000$787$46,492$787
Total Functional Expenses$277,335$55,403$47,160$379,898

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$443,648
Expenses per Audited Statements$379,898
Total Expenses per Form 990$379,898
Expenses Not Reported on Form 990$63,750
Expenses Not Reported on Financial Statements$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$0

International Compliance

Foreign grant records maintained
No
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
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$103,603
Fundraising Gross Income$103,603
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Montage Event$247,885$103,603$103,603$0
Gatsby Ball$23,082---
Total Events$270,967$103,603$103,603$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Joelle Castro Joanna Castro and JJONES CASTRO EXECUTIVE VICE CHARMAIN OF THE BOARD'S DAUGHTERSConsulting Services.No$2,790
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 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
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, Section A, Line 2

“Diosdado banatao, chair and maria banatao, trustee are married to each other.”

Form 990, Part VI, Section B, Line 11B

“Philippine development foundation outside auditors and finance staff prepare the form 9990. The form is then reviewed and approved by the organization cfo. The form is then sent to the full board before mailing.”

Form 990, Part VI, Section B, Line 12C

“Philippine development foundation (pdf) requires all employees to disclose, at least annually all sources of income from compensation or from ownership of every outside entity that (a) sold, supplied or provided services (b) operated a competing enterprise or (c) provided goods or services to pdf in the last six months. Pdf also requires all directors to annually sign a statement affirming (a) receipt of pdf conflict of interest policy (b) understanding of the policy and (c) agreement with the policy. Pdf conflict of interest policy describes how pdf will resolve possible conflicts of interest.”

Form 990, Part VI, Section C, Line 19

“Some or all of these items maybe available through the website and annual report.”

Filing and Contact Details

Filer

Filer Name
Philippine Development Foundation
EIN
94-3369973
Phone
6506569507
Address
325 LYTTON AVENUE NO 4A, PALO ALTO, CA 94301

Signing Officer

Name
Angelina Castro
Title
Executive Director
Phone
6506569507
Signed
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Angelina Castro
Formed
2000
Legal Domicile
CA
Voting Board Members
27
Independent Board Members
27
Employees
0
Volunteers
0

Preparer

Firm
Vasquez & Co Llp
Address
655 N CENTRAL AVE STE 1550, GLENDALE, CA 91203
Preparer
Lynn D Boster
Phone
2138731700
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Professional fees: program service expenses 0. Management and general expenses 41,918. Fundraising expenses 0. Total expenses 41,918.”

Financial Statement Notes

PART X, LINE 2:

“The corporation qualifies as a tax exempt organization under internal revenue code section 501(c)(3) and california revenue and taxation code 23701d. The corporation has evaluated its tax positions and the certainty as to whether those positions will be sustained in the event of an audit by taxing authorities at the federal and state levels. The primary tax positions evaluated relate to the corporations continued qualification as a tax-exempt organization and whether there are unrelated business income activities that would be taxable. Management has determined that all income tax positions will more likely than not (>50%) be sustained upon potential audit or examination; therefore, no disclosure of uncertain income tax positions are required. The corporation files information returns in the us federal jurisdiction and the state of california. With few exceptions, the corporation is no longer subject to u.s. Federal and state examinations by tax authorities for years before 2015.”

Raw XML AppendixShowing 400 of 617 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt026003
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt05933
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PHILDEV IS A NONPROFIT, INNOVATION ORGANIZATION THAT ACCELERATES SCIENCE AND TECHNOLOGY FOR NATIONAL PROGRAMS AND INITIATIVES. OUR MISSION IS TO ERADICATE POVERTY IN THE PHILIPPINES AND ENABLE SUCCESS FOR ALL FILIPINOS.
IRS990/AllOtherContributionsAmt0368847
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01566
IRS990/AllOtherExpensesGrp/TotalAmt01566
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum06506569507
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0325 LYTTON AVE STE 4A
IRS990/BooksInCareOfDetail/USAddress/CityNm0PALO ALTO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd094301
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd01
IRS990/CashNonInterestBearingGrp/BOYAmt0199196
IRS990/CashNonInterestBearingGrp/EOYAmt0254929
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt0167364
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0536211
IRS990/CYGrantsAndSimilarPaidAmt0275000
IRS990/CYInvestmentIncomeAmt060
IRS990/CYOtherExpensesAmt0101560
IRS990/CYOtherRevenueAmt04436
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0160809
IRS990/CYSalariesCompEmpBnftPaidAmt03338
IRS990/CYTotalExpensesAmt0379898
IRS990/CYTotalFundraisingExpenseAmt047160
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0540707
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0PHILIPPINE DEVELOPMENT FOUNDATION SERVES AS A BRIDGE BETWEEN FILIPINO COMMUNITIES IN THE UNITED STATES AND IN THE PHILIPPINES BY PROVIDING FILIPINOS BASED IN THE US WITH AN EFFECTIVE MECHANISM FOR PHILANTHROPIC GIVING TO SUPPORT SOCIAL DEVELOPMENT INITIATIVES IN THE PHILIPPINES AND PROVIDING LOCAL NON-PROFIT ORGANIZATIONS WITH ACCESS TO AN ALTERNATIVE AND NON-TRADITIONAL SOURCE OF FUNDS FOR PROGRAMS AND PROJECTS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt066432
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0112480
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0277335
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt041918
IRS990/FeesForServicesOtherGrp/TotalAmt041918
IRS990/ForeignActivitiesInd00
IRS990/ForeignCountryCd0RP
IRS990/ForeignFinancialAccountInd01
IRS990/ForeignGrantsGrp/ProgramServicesAmt0275000
IRS990/ForeignGrantsGrp/TotalAmt0275000
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt181.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt191.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt201.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt211.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt221.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt231.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt241.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt251.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt261.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd22X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd23X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd24X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd25X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd26X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt250
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt260
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt270
IRS990/Form990PartVIISectionAGrp/PersonNm0DIOSDADO BANATAO
IRS990/Form990PartVIISectionAGrp/PersonNm1JONES CASTRO
IRS990/Form990PartVIISectionAGrp/PersonNm2CHRISTINE SONGCO LAU
IRS990/Form990PartVIISectionAGrp/PersonNm3REGINA MANZANA-SAWHNEY
IRS990/Form990PartVIISectionAGrp/PersonNm4DENNY ROJA
IRS990/Form990PartVIISectionAGrp/PersonNm5MARIA BANATAO
IRS990/Form990PartVIISectionAGrp/PersonNm6SHERRI BURKE
IRS990/Form990PartVIISectionAGrp/PersonNm7GAIL ALVAREZ
IRS990/Form990PartVIISectionAGrp/PersonNm8RIGOBERTO ADVINCULA
IRS990/Form990PartVIISectionAGrp/PersonNm9DANILO LOPEZ
IRS990/Form990PartVIISectionAGrp/PersonNm10MICHAEL BALAOING
IRS990/Form990PartVIISectionAGrp/PersonNm11CATHERINE BUAN
IRS990/Form990PartVIISectionAGrp/PersonNm12LYNN HESS
IRS990/Form990PartVIISectionAGrp/PersonNm13ERIC MANLUNAS
IRS990/Form990PartVIISectionAGrp/PersonNm14SHEILA MARCELO
IRS990/Form990PartVIISectionAGrp/PersonNm15CORA ORIEL
IRS990/Form990PartVIISectionAGrp/PersonNm16KAI ELMER SOTTO
IRS990/Form990PartVIISectionAGrp/PersonNm17JOSIE CHERNOFF
IRS990/Form990PartVIISectionAGrp/PersonNm18JERRY HELD
IRS990/Form990PartVIISectionAGrp/PersonNm19LOIDA LEWIS
IRS990/Form990PartVIISectionAGrp/PersonNm20JOE LUMARDA
IRS990/Form990PartVIISectionAGrp/PersonNm21TOBY STUART
IRS990/Form990PartVIISectionAGrp/PersonNm22CRIS LIBAN
IRS990/Form990PartVIISectionAGrp/PersonNm23PAOLO MALABUYO
IRS990/Form990PartVIISectionAGrp/PersonNm24RANDY REYES
IRS990/Form990PartVIISectionAGrp/PersonNm25CHRISTINA ORIEL
IRS990/Form990PartVIISectionAGrp/PersonNm26DON LOPEZ
IRS990/Form990PartVIISectionAGrp/PersonNm27ANGELINA CASTRO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1EXECUTIVE VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17ADVISER
IRS990/Form990PartVIISectionAGrp/TitleTxt18ADVISER
IRS990/Form990PartVIISectionAGrp/TitleTxt19ADVISER
IRS990/Form990PartVIISectionAGrp/TitleTxt20ADVISER
IRS990/Form990PartVIISectionAGrp/TitleTxt21ADVISER
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt24TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt25TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt26TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt27EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0167364
IRS990/FundraisingDirectExpensesAmt0103603
IRS990/FundraisingGrossIncomeAmt0103603
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt027
IRS990/GrantAmt0275000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0644310
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt027
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02170
IRS990/InsuranceGrp/TotalAmt02170
IRS990/InvestmentIncomeGrp/ExclusionAmt060
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt060
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt013062
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt013062
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PHILDEV IS A NONPROFIT, INNOVATION ORGANIZATION THAT ACCELERATES SCIENCE AND TECHNOLOGY FOR NATIONAL PROGRAMS AND INITIATIVES. OUR MISSION IS TO ERADICATE POVERTY IN THE PHILIPPINES AND ENABLE SUCCESS FOR ALL FILIPINOS. PHILDEV BRINGS TOGETHER GOVERNMENT ORGANIZATIONS, THE ACADEME AND PRIVATE INDUSTRY TO BUILD SUSTAINABLE AND ECONOMIC GROWTH FOR THE PHILIPPINES. WE FORM PARTNERSHIPS, CHANNEL INVESTMENTS, AND HELP BUILD A ROBUST STEM ENVIRONMENT THROUGH PROGRAMS IN EDUCATION, INNOVATION, AND ENTREPRENEURSHIP.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd01
IRS990/NetAssetsOrFundBalancesBOYAmt0372269
IRS990/NetAssetsOrFundBalancesEOYAmt0533078
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0305837
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0420598
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0668
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01335
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01335
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03338
IRS990/OtherExpensesGrp/Desc0ADVOCACY & PROMOTIONS
IRS990/OtherExpensesGrp/Desc1MEMBERSHIP DUES & SUBSC
IRS990/OtherExpensesGrp/Desc2SPONSORSHIP
IRS990/OtherExpensesGrp/Desc3BANK CHARGES
IRS990/OtherExpensesGrp/FundraisingAmt046492
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03394
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1787
IRS990/OtherExpensesGrp/ProgramServicesAmt01000
IRS990/OtherExpensesGrp/TotalAmt046492
IRS990/OtherExpensesGrp/TotalAmt13394
IRS990/OtherExpensesGrp/TotalAmt21000
IRS990/OtherExpensesGrp/TotalAmt3787
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/Desc1FOREX GAIN
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03816
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1620
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03816
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1620
IRS990/OtherRevenueTotalAmt04436
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0199076
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0284082
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ANGELINA CASTRO
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0298171
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt072226
IRS990/PYInvestmentIncomeAmt056
IRS990/PYOtherExpensesAmt092209
IRS990/PYOtherRevenueAmt0-1230
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt059485
IRS990/PYSalariesCompEmpBnftPaidAmt073077
IRS990/PYTotalExpensesAmt0237512
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0296997
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0160809
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0536211
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0298171
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0436529
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0294424
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0542905
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02108240
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt060
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt056
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt079
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0123
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt054

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$539,011
Liabilities
$5,933
Net assets
$533,078
Revenue
$540,707
Expenses
$379,898
Net income
$160,809
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.01$0.46$0.43$0.45$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.41$0.01$0.40$0.14$0.30$0.15
2022Detailed filing. Detailed filing data is available for this year.$0.89$0.06$0.83$0.36$0.44$0.08
2021Detailed filing. Detailed filing data is available for this year.$0.64$0.01$0.63$0.42$0.40$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.10$0.05$1.05$0.55$0.21$0.33
2019Detailed filing. Detailed filing data is available for this year.$0.54$0.01$0.53$0.54$0.38$0.16
2018Detailed filing. Detailed filing data is available for this year.$0.40$0.03$0.37$0.30$0.24$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.32$0.01$0.31$0.44$0.30$0.14
2016Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.31$0.44$0.13
2015Detailed filing. Detailed filing data is available for this year.$0.36$0.06$0.31$0.54$0.73$0.19
2014Detailed filing. Detailed filing data is available for this year.$0.50$0.01$0.49$0.72$0.49$0.22
2013Detailed filing. Detailed filing data is available for this year.$0.29$0.02$0.27$0.76$0.76$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.04$0.27$1.63
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.02$0.95$1.40
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.01$0.93$1.59