Phoebe Pember Foundation EIN 57-1108419 Form 990 (PDF) Claim this org

Phoebe Pember Foundation FY2023 filing

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Fosters oneness, wholeness, peace, and feminine wisdom through programs. For fiscal year 2023 it reported $225K in revenue, $240K in expenses, and $138K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Charleston, SC
Website
thesophiainstitute.org
Filings
5 on file (2020–2023)
Revenue
$225KFY2023
Expenses
$240K
Net assets
$138K
People
9
Filings
5
Updates
0
More identity details & actions ⌄
EIN  57-1108419 Public charity (501(c)(3)) Charleston, SC
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Fosters oneness, wholeness, peace, and feminine wisdom through programs.
Leadership
Carolyn Rivers · Execuitive Director · $54K
Money in and out
$225K revenue, $240K expenses
Bottom line
80% program efficiency
Where the money goes · FY2023
Total revenue
$225K
Pt VIII · Ln 12
Total expenses
$240K
Pt IX · Ln 25
Net assets
$138K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$16K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.08 Fundraising $0.11
Program efficiency
80%
of spending reaches programs
Operating runway
6.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
-7%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$225K
FY2023▼ -25%
Expenses
$240K
FY2023▼ -17%
Total assets
$167K
FY2023▼ -7%
Total liabilities
$29K
FY2023▲ +19%
Total revenue
$225K
Pt VIII · Ln 12
Total expenses
$240K
Pt IX · Ln 25
Net assets
$138K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$16K
Total assetsPt X · Ln 16$167K
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

1 program service account for $193K of program spending, described in the organization's own filed words · FY2023.
01

The Sophia Institute functions as a modern Wisdom Institute, offering leading-edge educational programs, workshops, and retreats for small as well as large groups. Our wide range of programs address the needs of those in the midst of personal and interpersonal transformation, as well as those seeking to integrate the work into business…

$193Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPhoebe Pember Foundation
EINHdr · item D57-1108419
Principal addressHdr · item CCharleston, SC
WebsiteHdr · item Jthesophiainstitute.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MSC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P50)
Ruling yearIRS BMFNov 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b8
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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Execuitive Director
$54,167Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Carolyn Rivers’s $44K as Executive Director is at the 32nd percentile of top reported officer pay among 2165 $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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
A Carolyn Rivers$69,167$75,000$75,000
Carolyn Rivers$44,167$54,167

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.

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Statement of Revenue

Part VIII
Contributions & grants$145K · 65%
Program service revenue$79K · 35%
Contributions & grants65%$145K
Program service revenue35%$79K
Investment income$140
— government grantsLn 1e$15K
Total revenueLn 12$225K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.08 Fundraising $0.11
Program services80%$193K
Management & general8%$20K
Fundraising11%$27K
Total functional expensesLn 25$240K

Balance Sheet

Part X · end of year
CashLn 1$127K
Total assetsLn 16$167K
Total liabilitiesLn 26$29K
Total net assetsLn 32$138K
Months of cash on handcomputed6.4

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $127K · Operating expenses/yr $240K
6.4 months
Where the money goes
Program services
Program services $193K · Total expenses $240K
80%
Management & General
Management & general $20K · Total expenses $240K
8%
Fundraising
Fundraising $27K · Total expenses $240K
11%
Cost to raise $1
Fundraising expense (3-yr avg) $29K · Solicited contributions (3-yr avg) $157K
$0.18 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $145K · Total revenue $225K
65%
Government reliance
Government grants $15K · Total revenue $225K
7%
Earned-income share
Program service revenue $79K · Total revenue $225K
35%
Investment reliance
Investment income $140 · Total revenue $225K
+0.06%
Program self-sufficiency
Program service revenue $79K · Total expenses $240K
33%
Growth & trend
Revenue growth (YoY)
This year $225K · Prior year $298K
-25%
Net-asset trend (YoY)
End of year $138K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $225K · Expenses $240K
-7%
Liabilities-to-Assets
Total liabilities — · Total assets $167K
Net-asset ratio
Net assets $138K · Total assets $167K
83%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $167K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Carolyn Rivers · Reported title EXECUITIVE DIRECTOR · Highest reported compensation $54K · Total expenses $240K
23%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $62K · Total expenses $240K
26%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 8%
Fundraising cost ratio 19%
Revenue growth -25%
Investment management fee ratio 0.5%

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 · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$26K

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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)$172K revenue · ⤓ 990 PDF
FY2023$225K revenue · viewing · ⤓ 990 PDF
FY2022$298K revenue · ⤓ 990 PDF
FY2021$310K revenue · ⤓ 990 PDF
FY2020$245K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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