Philanthropi Charitable EIN 45-5634144 Form 990 (PDF) Claim this org

Philanthropi Charitable

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Increases charitable giving by fundraising, vetting organizations, and awarding grants. For fiscal year 2024 it reported $353K in revenue, $401K in expenses, and $1.4M in net assets.Pt I

Type
Public charity (501(c)(3)) · Public & Societal Benefit
Location
Philadelphia, PA
Website
philanthropi.com
Filings
5 on file (2020–2024)
Revenue
$353KFY2024
Expenses
$401K
Net assets
$1.4M
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  45-5634144 Public charity (501(c)(3)) Philadelphia, PA
Form 990 (PDF)
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Size
$100K–1M
What they do
Increases charitable giving by fundraising, vetting organizations, and awarding grants.
Leadership
Jeri Lynne Johnson · Director
Money in and out
$353K revenue, $401K expenses
Bottom line
96% program efficiency
Where the money goes · FY2024
Total revenue
$353K
Pt VIII · Ln 12
Total expenses
$401K
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$49K
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.04
Program efficiency
96%
of spending reaches programs▼ -2% vs prior filing year
Operating runway
38.7mo
months of highly liquid reserves at operating expense rate▲ +95% vs prior filing year
Surplus margin
-14%
revenue over expenses, this year▼ -792% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$353K
FY2024▼ -57%
Expenses
$401K
FY2024▼ -51%
Total assets
$1.4M
FY2024▼ -3%
Total liabilities
$2K
FY20240%
Total revenue
$353K
Pt VIII · Ln 12
Total expenses
$401K
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$49K
Total assetsPt X · Ln 16$1.4M
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPhilanthropi Charitable
EINHdr · item D45-5634144
Principal addressHdr · item CPhiladelphia, PA
WebsiteHdr · item Jphilanthropi.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFPublic & Societal Benefit (W70)
Ruling yearIRS BMFAug 2021

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 13Yes
Document retention policyPt VI · Ln 14Yes
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
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Executive Di
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

2 program services account for $387K of program spending, described in the organization's own filed words · FY2024.
01

Provide individual and corporate impact accounts that serve as donor advised account funds.

$220Kprogram expense
02

Engage in a philanthropic program to assist employers in and outside the community to provide financial assistance to employees.

$167Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$307K · 87%
Investment income$46K · 13%
Contributions & grants87%$307K
Investment income13%$46K
Total revenueLn 12$353K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.04
Program services96%$387K
Management & general4%$14K
Total functional expensesLn 25$401K

Balance Sheet

Part X · end of year
CashLn 1$1.3M
Total assetsLn 16$1.4M
Total liabilitiesLn 26$2K
Total net assetsLn 32$1.4M
Months of cash on handcomputed38.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.3M · Operating expenses/yr $401K
38.7 months
Where the money goes
Program services
Program services $387K · Total expenses $401K
96%
Management & General
Management & general $14K · Total expenses $401K
4%
Fundraising
Fundraising $0 · Total expenses $401K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $645K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $307K · Total revenue $353K
87%
Government reliance
Government grants — · Total revenue $353K
Earned-income share
Program service revenue $0 · Total revenue $353K
0%
Investment reliance
Investment income $46K · Total revenue $353K
+13%
Program self-sufficiency
Program service revenue $0 · Total expenses $401K
0%
Growth & trend
Revenue growth (YoY)
This year $353K · Prior year $829K
-57%
Revenue CAGR
FY2020 $1.7M · FY2024 $353K
-33%
Net-asset trend (YoY)
End of year $1.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $353K · Expenses $401K
-14%
Liabilities-to-Assets
Total liabilities — · Total assets $1.4M
Net-asset ratio
Net assets $1.4M · Total assets $1.4M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.4M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jeri Lynne Johnson · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $401K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $401K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 96%
Overhead ratio 4%
Fundraising cost ratio 0%
Revenue growth -57%

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.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$10K
Grants paid · 21 grants · $2.4M · 2021–2024
Unitemized GrantFY2024$166,122
Change Our Future FoundationPA · FY2024$62,553
Unitemized GrantFY2023$239,199
Rwj Barnabas Health INCFY2023$9,550
Hampton UniversityFY2023$9,550
Unitemized GrantFY2022$78,232
Trustees of the University of PennsNC · FY2022$10,000
Unitemized GrantFY2021$1,565,169
Year Up INCMA · FY2021$50,000
Nourishnc INCNC · FY2021$42,708
The OrphanetworkVA · FY2021$26,595
Dare to Imagine Church INCPA · FY2021$15,500
Trustees of the University of PennsNC · FY2021$11,000
See all 21 grants →

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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 (Latest)$353K revenue · viewing · ⤓ 990 PDF
FY2023$829K revenue · ⤓ 990 PDF
FY2022$832K revenue · ⤓ 990 PDF
FY2021$2.1M revenue · ⤓ 990 PDF
FY2020$1.7M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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