Gk 1 World Foundation

What it reported doing in 2024

CHILD AND YOUTH DEVELOPMENTFilipino children 12 years and under in public schools, on the streets and displaced by conflicts or disasters are forced to beg, eat food scraps, steal or simply sleep off hunger. Kusina ng Kalinga (KNK) or Care kitchen, a strategic response to hunger and malnutrition, serves thousands of nutritious vegetable-based meals prepared from community kitchens established through the collaborative efforts of parents, volunteers, local government units, schools, private individuals, organizations and corporate partners. The lunch meals are brought to the children in public schools, in communities, and in disaster and conflict areas. The kitchens in La Union, Pampanga, Mandaluyong, Bacolod, Davao and Sarangani served 114,000 meals.Reading is the foundation of learning. GK implemented a community-based learning program called Advancement in Reading and Learning (ARAL) for public school students ages 7-13 years old who receive intensive reading courses after school from trained teachers and volunteers. The package covers teacher allowances, learning materials, assessment, and meals. The Department of Education conduct assessment tests after the program. There were 1,300 students who entered the program. The schools which participated came from Lucena, Maguindanao del Sur, Davao City, Sultan Kudarat, Davao del Norte, Samar, Leyte, Bulacan, Pampanga, General Santos, Isabela and Cebu.To develop character, confidence, perseverance and teamwork in children and the youth in poor communities, GK established SIPAG, a community football program. There were more than 200 children and youths who participated in football tournaments in Metro Manila and Sultan Kudarat.

Financial Efficiency

• Mission deployment rate: 62.9%; rating input score 63
• Program expense ratio: 83.3%; rating input score 83
• Fundraising efficiency: $21.3 raised per $1 spent on fundraising; rating input score 60; 60th percentile among comparable filings

Transparency & Controls

• Consistency checks: 84.6%; rating input score 85; 2nd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: 0 of 8 controls in place; rating input score 0
  • Claims monitoring procedures: Fail
  • Requires narrative reports: Fail
  • Conducts field audits: Fail
  • May suspend future funding: Fail
  • Requires financial reports: Fail
  • Conducts site visits: Fail
  • Requires grant agreements: Fail
  • May require repayment: Fail
• Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 7 of 8 controls in place; rating input score 88
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 24.5%; rating input score 80; 80th percentile among comparable filings
• Total-asset coverage ratio: 1.1; rating input score 46; 46th percentile among comparable filings
• Liabilities to assets ratio: 0.01; rating input score 66; 66th percentile among comparable filings
• Officer compensation ratio: 4.5%; rating input score 54; 54th percentile among comparable filings

Growth

• Program expense growth: -4.8% per year; rating input score 0; 8th percentile among comparable filings
• Revenue growth: -1.8% per year; rating input score 0; 10th percentile among comparable filings
• Asset growth: 2% per year; rating input score 100; 25th percentile among comparable filings