A Phillips Square EIN 20-1648180

A Phillips Square FY2021 filing

EIN  20-1648180 Public charity (501(c)(3)) Portland, OR Founded 2003
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until A Phillips Square claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Provides homes for families with limited income.
Leadership
Alberta Simmons · President
Money in and out
$155K revenue, $89K expenses
Bottom line
73% program efficiency

Provides homes for families with limited income. For fiscal year 2021 it reported $155K in revenue, $89K in expenses, and $1.0M in net assets.Pt I

Where the money goes · FY2021
Total revenue
$155K
Pt VIII · Ln 12
Total expenses
$89K
Pt IX · Ln 25
Net assets
$1.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $66K
Where spending went · Part IX cols B–D
Program services $0.73 Management & general $0.27
Program efficiency
73%
of spending reaches programs
Operating runway
122.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+43%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$155K
FY2021▲ +7%
Expenses
$89K
FY2021▼ -24%
Total assets
$1.1M
FY2021▲ +6%
Total liabilities
$14K
FY2021▼ -13%
Total revenue
$155K
Pt VIII · Ln 12
Total expenses
$89K
Pt IX · Ln 25
Net assets
$1.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$66K
Total assetsPt X · Ln 16$1.1M
Program-expense ratioPt IX · col B73%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $65K of program spending, described in the organization's own filed words · FY2020.
01

The organization provides 18 units of low-income housing under the guidance and oversight of the U.S. Department of housing and urban development.

$65Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CA Phillips Square
EINHdr · item D20-1648180
Principal addressHdr · item CPortland, OR
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2003
State of legal domicileHdr · item MOR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L20)
Ruling yearIRS BMFFeb 2005

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
See A Phillips Square executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Program service revenue$90K · 58%
Contributions & grants$61K · 40%
Other revenue$3K · 2%
Program service revenue58%$90K
Contributions & grants40%$61K
Other revenue2%$3K
Investment income$65
— government grantsLn 1e$61K
Total revenueLn 12$155K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.73 Management & general $0.27
Program services73%$65K
Management & general27%$24K
Total functional expensesLn 25$89K

Balance Sheet

Part X · end of year
CashLn 1$907K
Total assetsLn 16$1.1M
Total liabilitiesLn 26$14K
Total net assetsLn 32$1.0M
Months of cash on handcomputed122.6

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $907K · Operating expenses/yr $89K
122.6 months
Where the money goes
Program services
Program services $65K · Total expenses $89K
73%
Management & General
Management & general $24K · Total expenses $89K
27%
Fundraising
Fundraising $0 · Total expenses $89K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $61K · Total revenue $155K
40%
Government reliance
Government grants $61K · Total revenue $155K
40%
Earned-income share
Program service revenue $90K · Total revenue $155K
58%
Investment reliance
Investment income $65 · Total revenue $155K
0%
Program self-sufficiency
Program service revenue $90K · Total expenses $89K
102%
Growth & trend
Revenue growth (YoY)
This year $155K · Prior year $145K
+7%
Net-asset trend (YoY)
End of year $1.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $155K · Expenses $89K
+43%
Liabilities-to-Assets
Total liabilities — · Total assets $1.1M
Net-asset ratio
Net assets $1.0M · Total assets $1.1M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.1M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Alberta Simmons · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $89K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $89K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 73%
Overhead ratio 27%
Fundraising cost ratio 0%
Revenue growth 7%
Legal fee ratio 2%
Accounting fee ratio 9%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Similar Organizations

Closest in mission — by what they do
See all organizations like A Phillips Square →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$162K revenue · ⤓ 990 PDF
FY2023$149K revenue · ⤓ 990 PDF
FY2022$148K revenue · ⤓ 990 PDF
FY2021$155K revenue · viewing · ⤓ 990 PDF
FY2020$145K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.