The Outlet is a young men's ministry and mentoring initiative, providing services to the central illinois communities.

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 45-3075858) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
$75K 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

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $158K a year · 20% of revenue · last 5 filings
A surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
72%
of spending
72% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$75K
to officers and key staff · 8% of spending
Pay to officers and key staff is 8% of spending.
Part VII, Section A
4.2 mo
of spending, in cash
4.2 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $21K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$9K
1% of total assets
Liabilities are 1% of assets.
Pt X · Ln 26
Independent board members
0
of 7 voting members
None of 7 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$969K
-7% vs prior year
Spent
$941K
To programs
72%
Net assets
$800K
By yearFY2020–FY2024
Revenue
$969K
FY2024▼ -7%
Tap a bar for its year
Revenue by fiscal year
FY2020$198K
FY2021$575K
FY2022$1.1M
FY2023$1.0M
FY2024$969K
Expenses
$941K
FY2024▼ -5%
Tap a bar for its year
Expenses by fiscal year
FY2020$193K
FY2021$319K
FY2022$670K
FY2023$990K
FY2024$941K
Net assets
$800K
FY2024▼ -15%
Tap a bar for its year
Net assets by fiscal year
FY2020$143K
FY2021$402K
FY2022$893K
FY2023$941K
FY2024$800K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Is it real?

Yes. Exemption reinstated (2014-05-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Aug 2014.

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

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $676K Management & general 28% · $263K Fundraising 0% · $1K

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

Something off? Claim to add context

Who runs it and what they're paid

5 people listed on the 990; $75K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
$75,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A

Michael Phelon’s $75K as President is at the 66th percentile of top reported officer pay among 2168 $100K–1M human services 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

NameFY2024FY2023FY2022FY2021FY2020
Michael Phelon$75,000$81,000$81,000$73,125$28,333

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 The Outlet executive salaries →

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Mentors young men in Central Illinois through ministry and support services.

Questions for The Outlet

Tap to ask. The Outlet sees how many people are interested.

Your first name shows with your question. The Outlet answers here, for everyone.

1 program · $676K · in their own filed words · FY2024
01

Fatherless boys and young men ages 8-22 are paired with positive male role models. Mentor and mentee pairs develop strong, lifelong relationships through discussing topics related to life and the journey to manhood, participating in group workshops, and taking educational trips together.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 45-3075858) · Dispute this line
$676Kprogram expense

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
Total grants receivedfrom 1 funder$21K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$969K
Ln 12
Gifts and grantsLn 1h$688K
Fees for servicesLn 2g$233K
Investment incomeLn 3$47K
Money outPt IX
$941K
Ln 25
Programscol B$676K
Managementcol C$263K
Fundraisingcol D$1K
Owns and owesPt X
$800K
net assets · Ln 32
Cash and savingsLn 1–2$327K
Total assetsLn 16$809K
LiabilitiesLn 26$9K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$688K
Government grantsLn 1e$284K
Fees for servicesLn 2g$233K
Investment incomeLn 3$47K
Other incomeLn 4–11$350
Gains on assetsLn 7$45K
Total revenueLn 12$969K
Assets in detailPt X, end of year
CashLn 1$258K
SavingsLn 2$69K
Cash and savings togetherLn 1–2$327K
Land, buildings, equipmentLn 10c$482K
Total assetsLn 16$809K
LiabilitiesLn 26$9K
Net assetsLn 32$800K
OperationsPt I, VI
EmployeesI 51
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$205K$327K
Land, buildings, equipmentLn 10c$559K$482K
Total assetsLn 16$815K$809K
LiabilitiesLn 26$23K$9K
Net assetsLn 32$792K$800K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$465K$465K
Other employee benefitsLn 9$4K$4K
Payroll taxesLn 10$37K$37K
Management feesLn 11a$101K$52K$49K
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$17K$17K
OccupancyLn 16$107K$107K
Depreciation, depletion and amortizationLn 22$33K$33K
InsuranceLn 23$45K$45K
Other expenses (24a–d)Ln 24$129K$118K$12K
Total functional expensesLn 25$941K$676K$263K$1K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Sep 26, 2025 $969K$941K$28K$800K 990 PDF
FY2023Filed with the IRS Sep 26, 2025 $1.0M$990K$47K$941K 990 PDF
FY2022Filed with the IRS Sep 26, 2025 $1.1M$670K$454K$893K 990 PDF
FY2021Filed with the IRS May 11, 2022 $575K$319K$256K$402K 990 PDF
FY2020Filed with the IRS Mar 5, 2021 $198K$193K$5K$143K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2024 990
Part I · Summary $969,187 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $408,268$688,205
I-9 Program service revenuePrior year $604,362$233,145
I-10 Investment incomePrior year $1,050$47,487
I-11 Other revenue$350
I-12 Total revenuePrior year $1,013,680$969,187
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $592,655$506,995
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $417,840$434,083
I-18 Total expensesPrior year $1,010,495$941,078
I-19 Revenue less expensesPrior year $3,185$28,109
Part VI · Governance 0 of 7 board members independent, no flags
VI-1a Voting members of the governing body7
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $969,187 across 9 lines filed
VIII-1e Government grants$284,225
VIII-1f All other contributions, gifts and grants$403,980
VIII-1h Total contributions, gifts and grants$688,205
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $233,145$233,145
VIII-3 Investment incomeRelated to mission $2,533$2,533
VIII-6 Net rental income or loss$350
VIII-7 Net gain or loss on sales of assets$44,954
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $235,678 · Unrelated business $0 · Excluded from tax $0$969,187
Part IX · Statement of functional expenses $941,078 across 10 lines filed
IX-7 Other salaries and wagesPrograms $465,053$465,053
IX-9 Other employee benefitsPrograms $4,476$4,476
IX-10 Payroll taxesPrograms $37,466$37,466
IX-11a Management feesPrograms $51,638 · Management $49,177$100,815
IX-12 Advertising and promotionFundraising $1,290$1,290
IX-13 Office expensesManagement $16,652$16,652
IX-16 OccupancyManagement $107,275$107,275
IX-22 Depreciation, depletion and amortizationManagement $33,156$33,156
IX-23 InsuranceManagement $45,467$45,467
IX-24 Other expenses (24a–d)Programs $117,759 · Management $11,669$129,428
IX-25 Total functional expensesPrograms $676,392 · Management $263,396 · Fundraising $1,290$941,078
Part X · Balance sheet $808,813 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $165,074$258,423
X-2 Savings and temporary cash investmentsStart of year $40,224$68,834
X-10c Land, buildings and equipment, netStart of year $559,345$481,556
X-16 Total assetsStart of year $815,067$808,813
X-17 Accounts payable and accrued expensesStart of year $1,400$9,197
X-26 Total liabilitiesStart of year $22,591$9,197
X-27 Net assets without donor restrictionsStart of year $792,476$799,616
X-32 Total net assets or fund balancesStart of year $792,476$799,616
X-33 Total liabilities and net assetsStart of year $815,067$808,813
Part XI · Reconciliation of net assets $799,616 net assets at year end
XI-1 Total revenue$969,187
XI-2 Total expenses$941,078
XI-3 Revenue less expenses$28,109
XI-4 Net assets at start of year$792,476
XI-5 Net unrealized gains (losses) on investments$28,059
XI-8 Prior period adjustments−$49,025
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$799,616

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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