Phandeeyar Foundation
Nonprofit profile at a glance
- EIN
- 810752175
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024
- Location
- Wilmington, DE, USA
- Phone
- 9451851661
- Rating
- 61
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- International Relief
Reported finances
- Revenue
- $1,166,228
- Expenses
- $1,136,836
- Assets
- $1,651,352
- Liabilities
- $56,262
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
People named in this filing
- DAVID MICHAEL MADDEN (Chairman)
- Aye Kyithar Swe (Director and Treasurer)
- Saijai Liangpunsakul (Director and Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Phandeeyar is a community tech hub that is spearheading the development of Myanmar's tech and social innovation ecosystem. Phandeeyar does this in two ways: firstly, by building the pool of tech talent, supporting local digitally-enabled enterprises, and training founders; and secondly, by helping change agents use technology to increase the impact of their work.
What it reported doing in 2024
Safe Internet Phandeeyar helps change agents, such as civil society groups, independent media and and civic and social entrepreneurs, integrate technology into their work to increase their impact. We ran workshops, seminars, and meetups to help independent voices thrive in Myanmar's digital media environment. Phandeeyar also helped address some of the training to help people understand how to safely and responsibly use social media. Phandeeyar supported community organizations that wanted to use social media and digital content to promote positive messages about peace, tolerance, and inter-communal harmony.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - Most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 55
- Transparency & Controls: 51
- Accountability: 100
- Sustainability: 53
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 61.1%; rating input score 61
- Program expense ratio: 62.7%; rating input score 63
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 84.6%; rating input score 85; 2nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- 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 7 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 2.5%; rating input score 43; 43rd percentile among comparable filings
- Total-asset coverage ratio: 1.45; rating input score 55; 55th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 57; 57th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: -16.5% per year; rating input score 0; 3rd percentile among comparable filings
- Revenue growth: -12.1% per year; rating input score 0; 2nd percentile among comparable filings
- Asset growth: 6% per year; rating input score 100; 43rd percentile among comparable filings
Details
- Where the money goes: 61.1% of revenue deployed · 62.7% of spending went to programs
- Governance: 6 of 6 board members independent · 7 of 7 filing controls reported
- Programs: 4 filed program accomplishments · $712K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 42 of 44 current checks pass · 2 findings to review
- Schedules: 6 filed schedules · includes major donors and foreign activity
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: 1 filed related-organization link
- 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 — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 43/100.
- Review — Sustainability: Total-asset coverage ratio scored 55/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- Review — Sustainability: Liabilities to assets ratio scored 57/100.