Overview
What is Pharos Global Health Advisors Ltd?
Pharos Global Health Advisors Ltd is a nonprofit organization, headquartered in Newton Center, Massachusetts, specifically at 105 Morton Street. Their primary mission is to provide customized research, analysis, and advisory services related to health care and nutrition service challenges, primarily focusing on saving lives and improving health outcomes for low-income individuals in developing countries. They have been instrumental in collaborating with the Global Fund on projects, helping to develop new research tools for monitoring and reporting on domestic financing for HIV, TB, and malaria programs. Pharos also worked on a research tool to prioritize investments in health systems and tested its effectiveness in three Latin American countries. With a team of five dedicated individuals, Pharos Global Health Advisors Ltd continues to contribute to global health initiatives in a manner consistent with educational and charitable purposes.
Official website here: www.pharosglobalhealth.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star Rating
Pharos Global Health Advisors Ltd has achieved a solid rating of 88% from Charity Navigator, which reflects its strong performance in accountability and finance. The organization has a comprehensive governance structure, with 60% of its board members being independent, and it has effectively managed its financial oversight. The charity's program expense ratio is commendable at 80.01%, indicating that a significant portion of its funds is directed towards its mission-related activities.
However, there are areas for improvement, particularly regarding the absence of certain policies and documents. The organization does not have a whistleblower policy or a document retention and destruction policy in place, which are critical for ensuring transparency and ethical governance. Additionally, the nonprofit has not posted its tax form on its website, which could limit public understanding of its financial practices.
In summary, while Pharos Global Health Advisors Ltd demonstrates strong financial accountability and governance, it faces challenges in fully meeting best practices for transparency. Addressing these limitations could enhance its credibility and effectiveness in the eyes of stakeholders and potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Pharos Global Health Advisors Ltd legitimate?
Pharos Global Health Advisors Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pharos Global Health Advisors Ltd submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $412,885
Professional Fundraising Fees: $0
Other Salaries and Wages: $136,703
For more financial information, click here
Official website here: www.pharosglobalhealth.com
What is the mission statement of Pharos Global Health Advisors Ltd?
Pharos Global Health Advisors Ltd is established with a mission to create and manage a non-profit organization that provides analysis and policy advice on healthcare and nutrition service challenges. This mission is directed towards various entities, including governmental authorities in developing countries, public sector donor agencies, and philanthropic organizations. The ultimate goal of Pharos Global Health Advisors Ltd is to contribute to saving lives and improving health outcomes for impoverished individuals in low and middle-income countries. This mission aligns with educational and charitable purposes, as defined by the Internal Revenue Code of 1986 or any future federal tax code, and its regulations.
Official website here: www.pharosglobalhealth.com
Who is the CEO of Pharos Global Health Advisors Ltd?
Robert Hecht is the President of Pharos Global Health Advisors Ltd.
Official website here: www.pharosglobalhealth.com
What is the revenue of Pharos Global Health Advisors Ltd?
Pharos Global Health Advisors Ltd's revenue in 2022 was $1,036,464.
Official website here: www.pharosglobalhealth.com
Who are the executives of Pharos Global Health Advisors Ltd and what are their salaries?
The average compensation at Pharos Global Health Advisors Ltd during 2022 was $109,918. There are 5 employees and 4 volunteers at Pharos Global Health Advisors Ltd.
Here are 6 key members and their salaries:
- Compensation: $330,000
- Related: $0
- Other: $0
- Compensation: $82,885
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.pharosglobalhealth.com
Where can I find the form 990 for Pharos Global Health Advisors Ltd?
Pharos Global Health Advisors Ltd's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pharosglobalhealth.com
Learn more at the official website: www.pharosglobalhealth.com
Mission Statement of Pharos Global Health Advisors Ltd
Pharos Global Health Advisors Ltd is a non-profit organization that dedicatedly offers customized policy research, analysis, and advisory services to clients worldwide. Its primary mission is to establish, maintain, and operate in a manner consistent with educational and charitable purposes, as defined under the Internal Revenue Code of 1986 or its future counterparts. This mission aims to provide analysis and policy advice on health care and nutrition service challenges to various entities, such as governmental authorities in developing countries, public sector donor agencies, and philanthropic organizations. The ultimate goal of Pharos Global Health Advisors Ltd is to save lives and improve health outcomes for impoverished individuals in low and middle-income countries, thereby contributing to better overall well-being in these communities.
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Impact
July, 2024
Pharos Global Health Advisors Ltd provides customized policy research, analysis, and advisory services to clients worldwide. With the Global Fund projects, Pharos has made a significant impact in developing new research tools and processes for the Fund to negotiate, monitor, and report on domestic financing of HIV, TB, and malaria programs in Low- and Middle-Income countries. Additionally, Pharos has worked on developing a new research tool to prioritize investments in improved health systems to support national health goals, successfully testing this tool in three Latin American countries. Through its initiatives, Pharos is actively contributing to the improvement of health outcomes and saving lives in low and middle-income countries.
This information is meant to be a general summary of Pharos Global Health Advisors Ltd. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $1,036,464
- Gross Receipts: $1,036,464
Assets and Liabilities:
- Total Assets: $1,123,067
- Total Liabilities: $235,957
- Net Assets: $887,110
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Health & Nutrition Pol
Revenue
$1,036,464
Organization Details
Founding Year
2016
Phone
(857) 284-7425Principal Officer
Robert Hecht
Main Address
105 Morton Street, Newton Center, MA, 02459
Website
www.pharosglobalhealth.comNTEE Category
Code: E80 - Health
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