Filipino-american Spirit Inc
Nonprofit profile at a glance
- EIN
- 800875494
- IRS 990-EZ coverage
- 2015–2024
- Forms available
- Form 990-EZ 2024
- Location
- Charlotte, NC, USA
- Phone
- 7046040177
- Rating
- 33
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Human Services N.E.C.
Reported finances
- Revenue
- $3,750
- Expenses
- $0
- Assets
- $13,048
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
People named in this filing
- Alex Romero (Chairman)
- Lota Mascarenas (Director)
- Lynn Polk (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Charitable and educational projects , disaster aid to Philippines and local needs
What it reported doing in 2024
Philippine Institute for the Deaf (PID) - under the umbrella of a non-stock, non-profit organization named Sergia Esguerra Memorial Foundation Inc - to provide speech and language therapy to all of the children at SEMFI's PID. They develop individualized speech and language goals for each child. Speech Correction Teachers incorporate Speech therapy, aural habilitation, and academic tutoring are available to current or former PID students, and also to those enrolled in other schools. Services are provided through our Speech and Hearing Department - The SpeechLab, a One-on-one Speech Clinic. They also provide complete audiological assessment, otoscopy, hearing aid fitting and/or cochlear implant referrals and hearing aid troubleshooting. (Name of Scholar - Ihryl Ludovice)
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 8
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: -10.2% per year; rating input score 0; 27th percentile among comparable filings
- Revenue growth: -14.7% per year; rating input score 0; 19th percentile among comparable filings
- Asset growth: -5.6% per year; rating input score 0; 23rd percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.