Purposeful Unconditional Service to Others Foundation

Nonprofit profile at a glance

EIN
823698598
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-EZ 2023, Form 990-N 2020
Location
Alexandria, VA, USA
Phone
5712394979
Rating
63
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Emergency Assistance

Official website

Reported finances

Revenue
$226,732
Expenses
$230,309
Assets
$33,429
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Robert Banez (Founder/President)

People named in this filing

  • Robert Banez (Founder/President)
  • Gian DeGuzman (Advisor/Board Member)
  • Kevin Moreno (Chief Financial Officer/Board Member)

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

Volunteer ran, grassroots organization who provide hope and basic necessities (food, water, clothing, medicine, transition housing, etc.) to those less fortunate and victims of natural disasters mainly in the Washington Metro D.C. Area and Philippines through self-organized fundraising events, partnerships with student organizations through our College Outreach Program, corporate grants/sponsorships, private/individual donations, and merchandise sales.

What it reported doing in 2024

The PUSO Foundation held it's first inaugural Philippines Mission Trip on Aug 7, 2024 - Aug 20, 2024 where we brought 27 of our core US volunteers to the Philippines to meet our Philippines volunteers for the first time and conducted the following service programs: deliver food packages and entertainment for Aeta community in Isabela, opening of student learning center in partnership with Napindan Integrated School in Taguig, deliver food packages for our 12 "Hope Reframed" homes (victims of Typhoon Odette) in Siargao, held a medical mission trip to the community residing in Santa Felomina island where we delivered medicine and sponsored doctors for general check-ups, and held our internal PUSO retreat.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 95% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 45
  • Transparency & Controls: 86
  • Accountability: 76
  • Sustainability: 37
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 49.9%; rating input score 50
  • Program expense ratio: 47.9%; rating input score 48
  • Fundraising efficiency: $2.09 raised per $1 spent on fundraising; rating input score 10; 10th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 19th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • 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: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -1.6%; rating input score 35; 35th percentile among comparable filings
  • Total-asset coverage ratio: 0.15; rating input score 9; 9th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 36.7% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: -24% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 49.9% of revenue deployed · 47.9% of spending went to programs
  • Governance: 4 of 4 board members independent · 3 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $110K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 31 of 32 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 50/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 48/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Financial Efficiency: Fundraising efficiency scored 10/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 35/100.
  • High — Sustainability: Total-asset coverage ratio scored 9/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.