Philani Fund USA Inc
Nonprofit profile at a glance
- EIN
- 263122582
- IRS 990-EZ coverage
- 2021–2023
- Forms available
- Form 990 2011, Form 990-EZ 2023, Form 990-N 2016
- Location
- Princeton, NJ, USA
- Phone
- 6097514225
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Health - General and Rehabilitative N.E.C.
Reported finances
- Revenue
- $15,393
- Expenses
- $17,796
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- Nathan Scovronick Ph D (President)
People named in this filing
- Nathan Scovronick Ph D (President)
- Frances Scovronick JD (Treasurer)
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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Primary Exempt Purpose of the Philani Fund USA is to raise funds for and make grants to the South African Philani Maternal, Child Health and Nutrition Trust, a community-based nonprofit that provides health, nutrition, early childhood development education services, as well as ancillary services, in poor communities in South Africa.
What it reported doing in 2023
Major final grants were made during fiscal year 23-24. The grants are made to the South African Philani Maternal, Child Health and Nutrition Trust, a community-based nonprofit that provides health, nutrition, early childhood development education services, as well as ancillary services, in poor communities in South Africa.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 82
- Sustainability: 20
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.4%; rating input score 69
- Program expense ratio: 60.1%; rating input score 60
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -15.6%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -29.1% per year; rating input score 0; 14th percentile among comparable filings
- Revenue growth: -20.4% per year; rating input score 0; 15th percentile among comparable filings
- Asset growth: -15.7% per year; rating input score 0; 13th percentile among comparable filings
Details
- Where the money goes: 69.4% of revenue deployed · 60.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $11K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2021 to 2023
- Contacts: How to reach this organization
- 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 27/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.