2024-11-15T12:00:55-06:00 2023-12-31 WITHUMSMITHBROWNPC 500 UNICORN PARK DRIVE SUITE 101 WOBURN MA 01801 990 2023-01-01 812764710 Pharos Global Health Advisors Ltd % ROBERT HECHT PHAR 8572847425 105 Morton Street Newton MA 02459 Robert Hecht President 8572847425 2024-11-15 true true RONALD W BAPTISTA CPA P01339044 7813216065 2023 2024-10-15 13:58:12Z Robert Hecht 105 Morton Street Newton MA 02459 1332342 false X WWW.PHAROSGLOBALHEALTH.COM X 2016 DC CUSTOMIZED POLICY RESEARCH, ANALYSIS AND ADVISORY SERVICES TO CLIENTS AROUND THE WORLD. 5 3 8 3 0 0 0 0 1036464 1331208 0 765 0 369 1036464 1332342 0 32282 0 0 584870 892719 0 0 0 454579 339512 1039449 1264513 -2985 67829 1123067 1059404 235957 104465 887110 954939 X To establish, maintain and operate a non-profit organization which provides analysis and policy advice on health care and nutrition service challenges to governmental authorities in developing countries, public sector donor agencies and philanthropic organizations, towards the goal of saving lives and improving health outcomes for impoverished individuals in low and middle income countries, in manners exclusively consistent with educational and charitable purposes as defined within the meaning of 501(c)(3) of the Internal Revenue Code of 1986, as amended, or a corresponding section of any future federal tax code (the "Code"), and regulations thereunder. true true 806993 780974 Project #1 - With the Global Fund projects, Pharos helped to develop 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. It also researched and documented the Global Fund's experience and best practices in improving health financing including increasing domestic funding and drawing in additional financing from other external source including debt swaps. 167972 190650 Project #2 - With the UNAIDS Projects, Pharos researched the most important risks to Botswana and Ghana's HIV program as donor funding decreases over the coming years, related solutions and ways to implement sustainable actions. 85284 38542 Project #3 - For the Global Alliance for Vaccines and Immunization (GAVI) project, Pharos began to research and analyze the total cost of Nigeria's childhood immunization program, analyzed how much the country could afford from domestic funds, and researched potential ways to mobilize more resources to pay for routine childhood vaccines. 153408 321411 1213657 true false false false false false false false false false true false false false false true true false false false true false false false false false false false false true false false false false false false false false false false false false false false false false false true 13 0 true 8 true false false false false false false false false false false false false X 5 3 true false false false false false false true true false false false true true true false false false true false MA X ROBERT HECHT 8572847425 105 MORTON STREET Newton MA 02459 ROBERT HECHT President 50.0 0.0 X X 358654 0 0 SHAN SOE-LIN MANAGING DIRECTOR 50.0 0.0 X 226298 0 0 DAVID MATHESON CHAIR 0.25 0.0 X X 0 0 0 STEPHEN KUTENPLON DIRECTOR 0.25 0.0 X 0 0 0 MARGARET HUBER DIRECTOR 0.25 0.0 X 0 0 0 584952 0 0 2 false true false 0 0 HEALTH AND NUTRITION POLICY 900099 1331208 1331208 1331208 0 0 0 0 0 0 765 765 765 765 0 0 0 0 0 0 0 0 0 0 MISCELLANEOUS REVENUE 900099 369 369 369 1332342 1331577 0 765 X 0 0 32282 32282 0 584952 584952 0 248358 248358 0 17967 17967 41442 41442 0 1720 1720 35350 35350 0 0 0 180571 180571 788 788 6879 3177 3702 0 0 0 95703 95703 0 0 0 0 1849 1849 3790 3790 DUES AND SUBSCRIPTION 9205 9205 MAINTENANCE 2805 2805 MISCELLANEOUS EXPENSES 852 852 1264513 1213657 50856 0 X 837893 765185 0 0 0 0 198846 260427 0 0 0 0 0 0 0 0 734 734 19720 14069 1986 5651 0 0 0 0 0 0 0 0 83608 27407 1123067 1059404 235957 104465 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 235957 104465 X 887110 954939 0 0 887110 954939 1123067 1059404 67829 X false true X true false X 157530 0 90729 0 0 248259 0 0 157530 0 90729 0 0 248259 152557 95702 0 0 0 0 0 0 369 369 248628 6067437 0.38492 0.24420 X 19720 14069 5651 0 5651 0 0 X 1332342 1332342 1332342 1264513 1264513 1264513 Part X, Line 2: Accounting principles generally accepted in the United States of America, clarifies the accounting for income taxes, by prescribing a minimum recognition threshold a tax position is required to meet before being recognized in the financial statements. It also provides guidance on derecognition, measurement and classification of amounts relating to uncertain tax positions, accounting for and disclosure of interest and penalties, and disclosures. Pharos has analyzed the tax positions taken by Pharos, and has concluded that as of December 31, 2023, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. Sub-Saharan Africa 0 2 Program Services Policy analysis/Resear 9481 East Asia and the Pacific 0 1 Program Services Policy analysis/Resear 17801 East Asia and the Pacific 0 0 Program Services Travel 2500 Sub-Saharan Africa 0 0 Program Services Travel 2500 0 3 0 3 32282 32282 false false false false false false X false false false false false false false true false ROBERT HECHT President 333654 0 25000 0 0 0 0 0 0 0 358654 0 0 0 SHAN SOE-LIN MANAGING DIRECTOR 226298 0 0 0 0 0 0 0 0 0 226298 0 0 0 Part I, Line 7: Robert Hecht, President, received a bonus during 2023 based on merit. Form 990, Part III, Line 4d, Other Program Services: Project #4 - For the Himalayan Cataract Project (HCP), Pharos researched and developed a new strategy for the charity to train ophthalmologic surgeons and expand access to cataract surgery in the lowest income and most challenging countries where HCP operates. FORM 990, PART VI, SECTION A, LINE 2: Robert Hecht and Shan Soe-Lin have a family relationship. Form 990, Part VI, Section B, line 11b: The Federal Form 990 is reviewed by the President with the tax preparer prior to filing with the Internal Revenue Service. The Form 990 is available to the full board of directors for review upon request. Form 990, Part VI, Section B, Line 12c: Procedures for addressing any conflict of interest shall be as follows: (i) An Interested Person may make a presentation at the Board of Directors or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. (ii) The chairperson of the Board of Directors or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. (iii) After exercising due diligence, the Board of Directors or committee shall determine whether the Corporation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. (iv) If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the Board of Directors or committee shall determine by a majority vote of the disinterested Directors whether the transaction or arrangement is in the Corporation's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination, it shall make its decision as to whether to enter into the transaction or arrangement. Form 990, Part VI, Section B, Line 15b: Board of Directors must determine that the compensation paid is in the best interest of Pharos, for the benefit of Pharos and is fair and reasonable. FURTHERMORE, when establishing compensation for employees of Pharos who are also Officers and/or Directors, Pharos has and will follow the recommended practices set forth in the bylaws. Form 990, Part VI, Section C, Line 19: The Organization makes its governing documents available to the public upon request. Form 990, Part III, line 2: Projects that started in 2023: (1) research assessment of best practices in health financing by Global Fund (2) research and analysis of domestic resource mobilization for health, tuberculosis, AIDS, and malaria (3) research design on performance-based financing of heath care in Mongolia (4) research evaluation of the cost-effectiveness of improved packages of services to reduce child malnutrition in DR Congo and Niger Form 990, Part III, Line 3: Projects that finished in 2023: (1) research evaluation of the Covid-19 response mechanism (2) research study of health systems improvements in Latin America (3) research on improving efficiency and effectiveness of HIV response programs in Africa. FORM 990 PART IX LINE 11G DESCRIPTION:CONSULTING & OUTSIDE SERVICES TOTAL FEES:179059 FORM 990 PART IX LINE 11G DESCRIPTION:PAYROLL PROCESSING FEES TOTAL FEES:1512