philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Phoenix Project Community Development Foundation FY2020 filing

Tax-deductible

Fayette, MS501(c)(3)Foundations & GrantmakersEIN 64-0855722Revenue $24K in FY2020

On file with the IRSPo Box 1216, 39069-1216 · Fayette, MSTax-exempt since Mar 1998Publicly supported charity — 170(b)(1)(A)(vi)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

To provide counseling services to at-risk youths.

501(c)(3) charity; gifts are tax-deductible.
5¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · 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
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average surplus $204 a year · 2% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
5%
of spending
Concern: 5% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
77 mo
of spending, in cash
Looks good: 77.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$66K
98% of total assets
Concern: liabilities are 98% of assets; over 80%.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$24K
Spent
$5K
To programs
5%
Net assets
$2K
By yearFY2020–FY2022
Revenue
$24K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$24K
FY2021$1K
FY2022$4K
Expenses
$5K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$5K
FY2021$20K
FY2022Not on file
Net assets
$2K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$2K
FY2021−$18K
FY2022−$23K

From the FY2020 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2022) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022. IRS ruling in Mar 1998.

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

Where the money goes

5 cents of each dollar spent went to programs.

Program services 5% · $211 Management & general 86% · $4K Fundraising 10% · $443

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.

Part VII, Section A · reportable compensation
Volley Davis
Project Manager
$0Pt VII · Sec A
Walter Huston
Treasurer
$0Pt VII · Sec A
Louetta Wyatt
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Amanda O Quinn
Board Member
$0Pt VII · Sec A
See Phoenix Project Community Development Foundation executive salaries →

On this list? Claim this org

Something off? Claim to add context

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 15aNo

Programs and updates

Offers counseling to at-risk youth.

Questions for Phoenix Project Community Development Foundation

Tap to ask. Phoenix Project Community Development Foundation sees how many people are interested.

Your first name shows with your question. Phoenix Project Community Development Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · in their own filed words · FY2020
01

5 adults completed GED training

Pt IX · col B

By the numbers

The FY2020 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$24K
Ln 12
Gifts and grantsLn 1h$24K
Money outPt IX
$5K
Ln 25
Programscol B$211
Managementcol C$4K
Fundraisingcol D$443
Owns and owesPt X
$2K
net assets · Ln 32
Cash and savingsLn 1–2$30K
Total assetsLn 16$68K
LiabilitiesLn 26$66K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$24K
Government grantsLn 1e$24K
Total revenueLn 12$24K
Assets in detailPt X, end of year
CashLn 1$30K
Cash and savings togetherLn 1–2$30K
Other assetsLn 15$1K
Total assetsLn 16$68K
LiabilitiesLn 26$66K
Net assetsLn 32$2K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$16K$30K
Total assetsLn 16$52K$68K
LiabilitiesLn 26$67K$66K
Net assetsLn 32−$14K$2K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$1K$1K
Office expensesLn 13$672$672
OccupancyLn 16$784$90$679$15
Other expenses (24a–d)Ln 24$2K$121$1K$428
Total functional expensesLn 25$5K$211$4K$443

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest $4K−$23K 990 PDF
FY2021 $1K$20K−$19K−$18K 990 PDF
FY2020 Viewing $24K$5K$20K$2K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $24,292 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $37,500$24,292
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenuePrior year $8,000$0
I-12 Total revenuePrior year $45,500$24,292
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $32,862$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $15,070$4,626
I-18 Total expensesPrior year $47,932$4,626
I-19 Revenue less expensesPrior year −$2,432$19,666
Part VI · Governance 5 of 5 board members independent, 3 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $24,292 across 4 lines filed
VIII-1e Government grants$23,776
VIII-1f All other contributions, gifts and grants$516
VIII-1h Total contributions, gifts and grants$24,292
VIII-12 Total revenue$24,292
Part IX · Statement of functional expenses $4,626 across 4 lines filed
IX-11c Accounting feesManagement $1,320$1,320
IX-13 Office expensesManagement $672$672
IX-16 OccupancyPrograms $90 · Management $679 · Fundraising $15$784
IX-24 Other expenses (24a–d)Programs $121 · Management $1,301 · Fundraising $428$1,850
IX-25 Total functional expensesPrograms $211 · Management $3,972 · Fundraising $443$4,626
Part X · Balance sheet $67,967 assets, 8 lines filed
Asset lines not itemized here account for $37,233; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $16,267$29,734
X-15 Other assetsStart of year $1,000$1,000
X-16 Total assetsStart of year $52,470$67,967
X-17 Accounts payable and accrued expensesStart of year $24,629$24,444
X-18 Grants payableStart of year $41,886$41,886
X-26 Total liabilitiesStart of year $66,515$66,330
X-32 Total net assets or fund balancesStart of year −$14,045$1,637
X-33 Total liabilities and net assetsStart of year $52,470$67,967
Part XI · Reconciliation of net assets $1,637 net assets at year end
XI-1 Total revenue$24,292
XI-2 Total expenses$4,626
XI-3 Revenue less expenses$19,666
XI-4 Net assets at start of year−$14,045
XI-9 Other changes in net assets−$3,984
XI-10 Net assets at end of year$1,637

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.