The Outlet FY2022 filing

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

Form 990 Part I, line 1, FY2022. 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.
74¢ of each $1 spent went to programs.
$162K 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

FY2022 · 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
74%
of spending
74% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$162K
to officers and key staff · 24% of spending
Pay to officers and key staff is 24% of spending.
Part VII, Section A
3.0 mo
of spending, in cash
3.0 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
$23K
3% of total assets
Liabilities are 3% of assets.
Pt X · Ln 26
Independent board members
8
of 8 voting members
8 of 8 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$1.1M
+96% vs prior year
Spent
$670K
To programs
74%
Net assets
$893K
By yearFY2020–FY2024
Revenue
$1.1M
FY2022▲ +96%
Tap a bar for its year
Revenue by fiscal year
FY2020$198K
FY2021$575K
FY2022$1.1M
FY2023$1.0M
FY2024$969K
Expenses
$670K
FY2022▲ +110%
Tap a bar for its year
Expenses by fiscal year
FY2020$193K
FY2021$319K
FY2022$670K
FY2023$990K
FY2024$941K
Net assets
$893K
FY2022▲ +122%
Tap a bar for its year
Net assets by fiscal year
FY2020$143K
FY2021$402K
FY2022$893K
FY2023$941K
FY2024$800K

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

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

74 cents of each dollar spent went to programs.

Program services 74% · $494K Management & general 52% · $347K Fundraising 2% · $14K

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

14 people listed on the 990; $162K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
$81,000Pt VII · Sec A
$81,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$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

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

2 programs · $358K · in their own filed words · FY2022
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, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 45-3075858) · Dispute this line
$358Kprogram expense
02

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, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 45-3075858) · Dispute this line
Pt IX · Ln 25 · col B

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 FY2022 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$695K
Fees for servicesLn 2g$387K
Other incomeLn 4–11$42K
Money outPt IX
$670K
Ln 25
Programscol B$494K
Managementcol C$347K
Fundraisingcol D$14K
Owns and owesPt X
$893K
net assets · Ln 32
Cash and savingsLn 1–2$165K
Total assetsLn 16$910K
LiabilitiesLn 26$23K
PeoplePt VI, VII
14
listed · VII A
PaidVII A2
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$695K
Fees for servicesLn 2g$387K
Other incomeLn 4–11$42K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$165K
Total assetsLn 16$910K
LiabilitiesLn 26$23K
Net assetsLn 32$893K
OperationsPt I, VI
EmployeesI 51
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled 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
FY2022 ViewingFiled 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 O · Explanations
See the full FY2022 990
Part VI · Governance 8 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
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

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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