PONHEARY LY FOUNDATION
School Is The Answer
PONHEARY LY FOUNDATION
EIN: 20-4277315
as of September 2024
as of September 09, 2024
Mission
Our mission is to locate and serve the many children in Cambodia who live in the poorest rural villages and do not have access to equitable schooling opportunities. We champion a holistic approach to education. Beyond enriching the school curriculum, we provide our students with uniforms, nutritious meals, medical care, clean water, library books, access to transportation & more .
Ruling year
2006
Principal Officer
Lori Carlson
Main address
Po Box 17034
Austin, TX 78760 USA
EIN
20-4277315
Early childhood education
Education services
Elementary and secondary education
Basic and emergency aid
Philanthropy
Population served
Children and youth
At-risk youth
Extremely poor people
People of Southeast Asian descent
NTEE code
Human Service Organizations (P20)
Elementary, Secondary Ed (B20)
Vocational Technical (B30)
IRS subsection
501(c)(3) Public Charity
IRS filing requirement
This organization is required to file an IRS Form 990 or 990-EZ.
Tax forms
Communication
Programs and results
Reports and documents
Download annual reportsWhat we aim to solve
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Our approach
We believe in a holistic approach to support children living in poverty.
Our work begins in Primary school with breakfast and wellness/hygiene/sanitation projects, teacher assistance, electrification of schools & continues with transport to secondary schools and access to Learning Centers where students can take afternoon classes to round out their public school education (here they can enroll in English, Technology, Lifeskill workshops, visit lending libraries, join research and study groups, and take eLearning courses). High School scholarships, career counseling & extra classes are also available for grade 12 students along with other workshops to plan their futures. University Scholarships or support at Vo-Tech training can be applied for after graduation from High School.
Where we work
Awards
Education Excellence Award 2017
World of Children
CNN Heroes 2010
CNN
Affiliations & memberships
World of Children Education Award 2016
Photos
Videos
How we listen
Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.
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How is your organization using feedback from the people you serve?
To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals
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Which of the following feedback practices does your organization routinely carry out?
We collect feedback from the people we serve at least annually, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on demographics (e.g., race, age, gender, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We tell the people who gave us feedback how we acted on their feedback, We ask the people who gave us feedback how well they think we responded
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What challenges does the organization face when collecting feedback?
We don't have any major challenges to collecting feedback
Financials
Revenue vs. expenses: breakdown
Liquidity in 2023 info
0.00
Months of cash in 2023 info
41
Fringe rate in 2023 info
9%
Funding sources info
Assets & liabilities info
Financial data
PONHEARY LY FOUNDATION
Balance sheetFiscal Year: Oct 01 - Sep 30
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Oct 01 - Sep 30
This snapshot of PONHEARY LY FOUNDATION’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
Created in partnership with
Business model indicators
| Profitability info | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Unrestricted surplus (deficit) before depreciation | $55,242 | $141,025 | $428,056 | -$6,138 | -$56,612 |
| As % of expenses | 7.4% | 16.5% | 55.5% | -0.7% | -11.4% |
| Unrestricted surplus (deficit) after depreciation | $55,242 | $141,025 | $428,056 | -$6,138 | -$56,612 |
| As % of expenses | 7.4% | 16.5% | 55.5% | -0.7% | -11.4% |
| Revenue composition info | |||||
|---|---|---|---|---|---|
| Total revenue (unrestricted & restricted) | $806,121 | $999,088 | $1,003,592 | $918,605 | $566,615 |
| Total revenue, % change over prior year | 25.1% | 23.9% | 0.5% | -8.5% | -38.3% |
| Program services revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Investment income | 1.6% | 2.2% | 1.5% | 0.5% | 5.6% |
| Government grants | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| All other grants and contributions | 98.3% | 97.8% | 98.5% | 99.5% | 94.4% |
| Other revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Expense composition info | |||||
|---|---|---|---|---|---|
| Total expenses before depreciation | $741,648 | $855,845 | $770,733 | $925,279 | $497,149 |
| Total expenses, % change over prior year | 28.9% | 15.4% | -9.9% | 20.1% | -46.3% |
| Personnel | 9.4% | 8.9% | 10.1% | 10.4% | 32.4% |
| Professional fees | 0.7% | 0.6% | 0.6% | 1.0% | 1.5% |
| Occupancy | 9.2% | 13.9% | 7.8% | 12.4% | 9.8% |
| Interest | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Pass-through | 0.1% | 0.2% | 0.1% | 0.0% | 0.0% |
| All other expenses | 80.6% | 76.4% | 81.4% | 76.2% | 56.3% |
| Full cost components (estimated) info | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Total expenses (after depreciation) | $741,648 | $855,845 | $770,733 | $925,279 | $497,149 |
| One month of savings | $61,804 | $71,320 | $64,228 | $77,107 | $41,429 |
| Debt principal payment | $0 | $0 | $0 | $0 | $0 |
| Fixed asset additions | $0 | $0 | $0 | $0 | $0 |
| Total full costs (estimated) | $803,452 | $927,165 | $834,961 | $1,002,386 | $538,578 |
Capital structure indicators
| Liquidity info | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Months of cash | 22.5 | 21.5 | 27.4 | 22.8 | 41.0 |
| Months of cash and investments | 22.5 | 21.5 | 27.4 | 22.8 | 41.0 |
| Months of estimated liquid unrestricted net assets | 20.2 | 21.5 | 27.4 | 22.8 | 41.0 |
| Balance sheet composition info | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Cash | $1,391,692 | $1,532,717 | $1,760,773 | $1,754,635 | $1,698,023 |
| Investments | $0 | $0 | $0 | $0 | $0 |
| Receivables | $0 | $0 | $0 | $0 | $0 |
| Gross land, buildings, equipment (LBE) | $0 | $0 | $0 | $0 | $0 |
| Accumulated depreciation (as a % of LBE) | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Liabilities (as a % of assets) | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Unrestricted net assets | $1,247,692 | $0 | $1,760,773 | $1,754,635 | $1,698,023 |
| Temporarily restricted net assets | $144,000 | N/A | N/A | N/A | N/A |
| Permanently restricted net assets | $0 | N/A | N/A | N/A | N/A |
| Total restricted net assets | $144,000 | $0 | $0 | $0 | $0 |
| Total net assets | $1,391,692 | $1,532,717 | $1,760,773 | $1,754,635 | $1,698,023 |
Key data checks
| Key data checks info | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Material data errors | No | No | Yes | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Principal Officer
Lori Carlson
Number of employees
Source: IRS Form 990
PONHEARY LY FOUNDATION
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
PONHEARY LY FOUNDATION
Board of directorsas of 08/16/2024
Board of directors data
Lori Carlson
Ponheary Ly Foundation
Sharon Hope Miro
Ponheary Ly Foundation
Cas Gravett
Ponheary Ly Foundation
Caroline Stafford
Ponheary Ly Foundation
Nina Davis
Ponheary Ly Foundation
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Not applicable -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
Race & ethnicity
Gender identity
Transgender Identity
Sexual orientation
No data
Disability
No data
Equity strategies
Last updated: 12/18/2021GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more
- We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
- We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
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- Contractor and/or Paid Preparer data for 2023, 2022, 2021
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