Phoenix Center FY2023 filing

Tax-deductible

Marble Falls, TX501(c)(3)Since 2007Recreation & SportsEIN 26-0310507

To provide year-round and free of cost programs to promote the physical and mental well being of central texas youth.

501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
$111K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $910K a year · 44% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$111K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
41 mo
of spending, in cash
Looks good: 41.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $216K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$988
0.01% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 7 voting members
Looks good: 6 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.1M
-11% vs prior year
Spent
$1.2M
To programs
74%
Net assets
$8.9M
By yearFY2020–FY2025
Revenue
$2.1M
FY2023▼ -11%
Revenue by fiscal year
FY2020$1.6M
FY2021$2.2M
FY2022$2.4M
FY2023$2.1M
FY2024$1.8M
FY2025$2.3M
Expenses
$1.2M
FY2023▲ +13%
Expenses by fiscal year
FY2020$729K
FY2021$693K
FY2022$1.1M
FY2023$1.2M
FY2024$1.4M
FY2025$1.9M
Net assets
$8.9M
FY2023▲ +11%
Net assets by fiscal year
FY2020$5.3M
FY2021$6.8M
FY2022$8.0M
FY2023$8.9M
FY2024$9.4M
FY2025$9.9M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2007.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $890K Management & general 8% · $95K Fundraising 18% · $216K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

7 people listed on the 990; $111K paid to officers and key staff.

Part VII, Section A · reportable compensation
Founder, Exe
$110,782Pt VII · Sec A
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Sarah Garrett’s $116K as Founder, Exe is at the 44th percentile of top reported officer pay among 1842 $1–10M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Sarah Garrett$116,145$115,500$110,782$93,800$93,280$88,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Phoenix Center executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers innovative, trauma-informed therapy and education to support children's mental health.

Provided by the organization

This section is blank until Phoenix Center claims this page.

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1 program service account for $890K of program spending, described in the organization's own filed words · FY2023.
01

This program provides physical and mental well being activities to central texas youth.

$890Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$2.1M
Ln 12
Gifts and grantsLn 1h$1.8M
Fees for servicesLn 2g$178K
Investment incomeLn 3$81K
Money outPt IX
$1.2M
Ln 25
Programscol B$890K
Managementcol C$95K
Fundraisingcol D$216K
Owns and owesPt X
$8.9M
net assets · Ln 32
Cash and savingsLn 1–2$4.1M
Total assetsLn 16$8.9M
LiabilitiesLn 26$988
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.8M
Noncash giftsLn 1g$111K
Fees for servicesLn 2g$178K
Investment incomeLn 3$81K
Other incomeLn 4–11$4K
Total revenueLn 12$2.1M
Assets in detailPt X, end of year
SavingsLn 2$4.1M
Cash and savings togetherLn 1–2$4.1M
Land, buildings, equipmentLn 10c$4.8M
Other assetsLn 15$68K
Total assetsLn 16$8.9M
LiabilitiesLn 26$988
Net assetsLn 32$8.9M
OperationsPt I, VI
EmployeesI 513
VolunteersI 6108
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$3.4M$4.1M
Land, buildings, equipmentLn 10c$1.4M$4.8M
Total assetsLn 16$8.0M$8.9M
LiabilitiesLn 26$2K$988
Net assetsLn 32$8.0M$8.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$111K$100K$11K
Other salaries and wagesLn 7$394K$360K$6K$28K
Other employee benefitsLn 9$33K$15K$18K
Payroll taxesLn 10$39K$34K$1K$4K
Advertising and promotionLn 12$14$14
Office expensesLn 13$11K$148$4K$7K
Depreciation, depletion and amortizationLn 22$106K$106K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$343K$199K$144K
All other expensesLn 24e$161K$77K$52K$33K
Total functional expensesLn 25$1.2M$890K$95K$216K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.3M$1.9M$429K$9.9M 990 PDF
FY2024 $1.8M$1.4M$461K$9.4M 990 PDF
FY2023 Viewing $2.1M$1.2M$895K$8.9M 990 PDF
FY2022 $2.4M$1.1M$1.3M$8.0M 990 PDF
FY2021 $2.2M$693K$1.5M$6.8M 990 PDF
FY2020 $1.6M$729K$907K$5.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $2,096,254 across 7 lines filed
VIII-1f All other contributions, gifts and grants$1,834,203
VIII-1g Noncash contributions (included above)$110,599
VIII-1h Total contributions, gifts and grants$1,834,203
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $178,000$178,000
VIII-3 Investment incomeRelated to mission $2,423 · Excluded from tax $78,103$80,526
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $3,525$3,525
VIII-12 Total revenueRelated to mission $180,423 · Excluded from tax $81,628$2,096,254
Part IX · Statement of functional expenses $1,200,979 across 10 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $100,204 · Management $10,578$110,782
IX-7 Other salaries and wagesPrograms $359,682 · Management $6,135 · Fundraising $28,450$394,267
IX-9 Other employee benefitsPrograms $14,504 · Management $18,163$32,667
IX-10 Payroll taxesPrograms $33,757 · Management $1,272 · Fundraising $4,040$39,069
IX-12 Advertising and promotionPrograms $14$14
IX-13 Office expensesPrograms $148 · Management $4,333 · Fundraising $6,783$11,264
IX-22 Depreciation, depletion and amortizationPrograms $106,039$106,039
IX-23 InsuranceManagement $2,234$2,234
IX-24 Other expenses (24a–d)Programs $199,343 · Fundraising $143,823$343,166
IX-24e All other expensesPrograms $76,625 · Management $52,275 · Fundraising $32,577$161,477
IX-25 Total functional expensesPrograms $890,316 · Management $94,990 · Fundraising $215,673$1,200,979
Part X · Balance sheet $8,942,385 assets, 10 lines filed
X-2 Savings and temporary cash investmentsStart of year $3,373,318$4,117,720
X-10c Land, buildings and equipment, netStart of year $1,443,266$4,756,341
X-15 Other assetsStart of year $3,210,686$68,324
X-16 Total assetsStart of year $8,027,270$8,942,385
X-17 Accounts payable and accrued expensesStart of year $1,611$988
X-26 Total liabilitiesStart of year $1,611$988
X-27 Net assets without donor restrictionsStart of year $6,678,179$7,433,231
X-28 Net assets with donor restrictionsStart of year $1,347,480$1,508,166
X-32 Total net assets or fund balancesStart of year $8,025,659$8,941,397
X-33 Total liabilities and net assetsStart of year $8,027,270$8,942,385
Part XI · Reconciliation of net assets $8,941,397 net assets at year end
XI-1 Total revenue$2,096,254
XI-2 Total expenses$1,200,979
XI-3 Revenue less expenses$895,275
XI-4 Net assets at start of year$8,025,659
XI-5 Net unrealized gains (losses) on investments$22,809
XI-7 Investment expenses−$2,346
XI-10 Net assets at end of year$8,941,397

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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