Filipo American Cultural Organization
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Filipino American Cultual Organization (FACO) is a gathering of any/all community members; whose mission is to preserve the Filipino customs & traditions so as to pass them on to the younger generations.
- Income
- $101,272
- Spending
- $99,910
- Spent on programs
- 98%
- Reserves
- 10.8 months of spending
- Largest source of income
- fees for its services, 98%
- Employees
- 0
- Volunteers
- 124
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100. Higher than 66% of charities in its peer group (arts and culture, under $250k).
Reserves
28 of 35Spendable reserves would cover 10.8 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
12 of 15Income exceeded spending by 1% of income.
Income trend
10 of 15Income fell 6% on the year before.
Spending floor
15 of 1598% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 75 out of 100. Higher than 69% of charities in its peer group (arts and culture, under $250k).
Independent board
5 of 250 of 14 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $27,292 spent. The Filipino American Cultural Organization (FACO) holds a HIYAS Award Program yearly. This awards program is to honor those members who were selected by committee for being best in their field of expertise. This year the HIYAS Awards were presented at the Camp Pendleton, CA Pacific Views Event Center during a formal dinner. At this venue we also celebrated Christmas, had a small fashion show, then ate drank and were Merry. The profit made at this event all went to help further the Filipino American Cultural Organizations many programs in the months to follow.
- $21,677 spent. The Filipino American Cultural Organization (FACO) held its 23rd Annual Cultural Celebration, along with the City of Oceanside Public Library during June of 2024. This event included more than 16 food stalls plus many arts and craft vendors. Our Cultural Dance Group (CDG) as well as the Young Children Dance Group (YCDG) performed off and on all day. We also had models to show off awesome clothing during the Cultural Fashion Show. What a wonderful summertime event for the FACO and North San Diego County to enjoy. This event truly grows and gets better each year. Hope to see you all next June in Oceanside, CA, for a whole day full of fun and festivities.
- $13,662 spent. The Filipino American Cultural Organization (FACO) Scholarship Program provided several scholarships this year; both domestic and to the Philippines. Our Scholarship Committee seeks out the brightest most well rounded applicants to award scholarships to. This program is part of our Mission Statement and we take great pride in growing it year after year.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on May 15, 2010 for not filing returns for three years, and reinstated on September 15, 2011.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2014.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.