Philippine Development Foundation FY2023 filing
Connects Filipino-American communities with resources to support civil society in the Philippines. For fiscal year 2023 it reported $144K in revenue, $296K in expenses, and $400K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · International
- Location
- Palo Alto, CA
- Website
- www.phildev.org
- Filings
- 5 on file (2020–2023)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Angelina Castro’s $43K as Executive Director (until 07/24) is at the 40th percentile of top reported officer pay among 1637 $100K–1M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Angelina Castro | $43,428 | $85,000 | $85,000 | $85,000 | $84,728 |
| Olivia De Jesus | $37,992 | — | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Where the work happens
The 2023 annual gala is phildev's signature fundraiser for the benefit of programs that provide stem scholarships to college students. It also doubles as a program to recognize achievements in education, innovation and entrepreneurship through phildev awards and inspire the next generation of leaders and innovators.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 69% | — | — |
| Overhead ratio | 25% | — | — |
| Fundraising cost ratio | 8% | — | — |
| Revenue growth | -60% | — | — |
| Accounting fee ratio | 4% | — | — |
| Fundraising fee ratio | 2% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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