Phxca INC EIN 81-4428338

Phxca INC FY2024 filing

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Offers affordable acupuncture services to low-income communities. For fiscal year 2024 it reported $320K in revenue, $304K in expenses, and $77K in net assets.Pt I

Founded
2016
Type
Public charity (501(c)(3)) · Health Care
Location
Phoenix, AZ
Website
phoenixcommunityacupuncture.com
Filings
6 on file (2020–2024)
Revenue
$320KFY2024
Expenses
$304K
Net assets
$77K
People
3
Filings
6
Updates
0
More identity details & actions ⌄
EIN  81-4428338 Public charity (501(c)(3)) Phoenix, AZ Founded 2016
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers affordable acupuncture services to low-income communities.
Leadership
Mayo Wardle · President · $88K
Money in and out
$320K revenue, $304K expenses
Bottom line
81% program efficiency
Where the money goes · FY2024
Total revenue
$320K
Pt VIII · Ln 12
Total expenses
$304K
Pt IX · Ln 25
Net assets
$77K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $16K
Where spending went · Part IX cols B–D
Program services $0.81 Management & general $0.15 Fundraising $0.04
Program efficiency
81%
of spending reaches programs
Operating runway
2.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+5%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$320K
FY2024▲ +10%
Expenses
$304K
FY2024▲ +7%
Total assets
$78K
FY2024▼ -16%
Total liabilities
$1K
FY2024▼ -96%
Total revenue
$320K
Pt VIII · Ln 12
Total expenses
$304K
Pt IX · Ln 25
Net assets
$77K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$16K
Total assetsPt X · Ln 16$78K
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

1 program service account for $245K of program spending, described in the organization's own filed words · FY2024.
01

The organization provides affordable and accessible acupuncture on a sliding scale to breakdown barriers to healthcare and share the benefits of acupuncture by bringing physical and emotional health to our community as a whole. Patients pay on a Pay What You Can fee structure.

$245Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPhxca INC
EINHdr · item D81-4428338
Principal addressHdr · item CPhoenix, AZ
Year of formationHdr · item L2016
State of legal domicileHdr · item MAZ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E32)
Ruling yearIRS BMFFeb 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b2
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$88,235Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Mayo Wardle’s $87K as President is at the 71st percentile of top reported officer pay among 1965 $100K–1M health care 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Mayo Wardle$86,868$88,235$82,281$75,000$77,063
Mayo Wardle$69,269

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
Program service revenue$313K · 98%
Contributions & grants$3K · 1%
Other revenue$3K · 1%
Program service revenue98%$313K
Contributions & grants1%$3K
Other revenue1%$3K
Investment income$1K
Total revenueLn 12$320K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.15 Fundraising $0.04
Program services81%$245K
Management & general15%$46K
Fundraising4%$13K
Total functional expensesLn 25$304K

Balance Sheet

Part X · end of year
CashLn 1$72K
Total assetsLn 16$78K
Total liabilitiesLn 26$1K
Total net assetsLn 32$77K
Months of cash on handcomputed2.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $72K · Operating expenses/yr $304K
2.8 months
Where the money goes
Program services
Program services $245K · Total expenses $304K
81%
Management & General
Management & general $46K · Total expenses $304K
15%
Fundraising
Fundraising $13K · Total expenses $304K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $10K · Solicited contributions (3-yr avg) $3K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $3K · Total revenue $320K
1%
Government reliance
Government grants — · Total revenue $320K
Earned-income share
Program service revenue $313K · Total revenue $320K
98%
Investment reliance
Investment income $1K · Total revenue $320K
+0.3%
Program self-sufficiency
Program service revenue $313K · Total expenses $304K
103%
Growth & trend
Revenue growth (YoY)
This year $320K · Prior year $292K
+10%
Revenue CAGR
FY2020 $226K · FY2024 $320K
+9%
Net-asset trend (YoY)
End of year $77K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $320K · Expenses $304K
+5%
Liabilities-to-Assets
Total liabilities — · Total assets $78K
Net-asset ratio
Net assets $77K · Total assets $78K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $78K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Mayo Wardle · Reported title President · Highest reported compensation $88K · Total expenses $304K
29%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $184K · Total expenses $304K
61%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 81%
Overhead ratio 15%
Fundraising cost ratio 388%
Revenue growth 10%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0.8%

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 · FY2023
Total grants receivedfrom 1 funder$195

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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
FY2025 (Latest)$326K revenue · ⤓ 990 PDF
FY2024$320K revenue · viewing · ⤓ 990 PDF
FY2023$292K revenue · ⤓ 990 PDF
FY2022$222K revenue · ⤓ 990 PDF
FY2021$257K revenue · ⤓ 990 PDF
FY2020$226K 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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