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

Phins Management INC

Tax-deductible

Syracuse, NY501(c)(3)EducationEIN 93-1606101

Phins Management was formed for the educational and charitable purposes of directly and indirectly supporting and benefiting LeMoyne College by owning and managing real property for the benefit of the College, making grants and other contributions of funds and other property to or for the benefit of the College, providing non-credit training programs, and establishing, managing and promoting educational, cultural, recreational, physical fitness, athletic and social activities and programs for the College's students, faculty and staff, and for the community at large.

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 2
filings with a surplus
Average deficit $147K a year · 27% of revenue · last 2 filings
Concern: a surplus in 0 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 2.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$4.6M
107% of total assets
Concern: liabilities are 107% of assets; over 80%.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$641K
+49% vs prior year
Spent
$732K
To programs
95%
Net assets
−$294K
By yearFY2023–FY2025
Revenue
$641K
FY2025▲ +49%
Revenue by fiscal year
FY2023$0
FY2024$430K
FY2025$641K
Expenses
$732K
FY2025▲ +16%
Expenses by fiscal year
FY2023Not on file
FY2024$632K
FY2025$732K
Net assets
−$294K
FY2025▼ -45%
Net assets by fiscal year
FY2023$0
FY2024−$202K
FY2025−$294K

From the FY2025 Form 990 (year ending May 2025) · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2024.

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

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $695K Management & general 5% · $37K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Joseph Grasso
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Shaun Crisler
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Denise Quinn
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Phins Management INC executive salaries →

Are you one of these people? Claim this org to confirm your role

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

Manages property and funds, offers training, and supports college and community programs.

Provided by the organization

This section is blank until Phins Management INC claims this page.

Know this organization? Claim it to add your story

1 program service account for $695K of program spending, described in the organization's own filed words · FY2024.
01

Phins Management Inc provides and manages additional student housing for Le Moyne College, benefiting the students enrolled in the College.

$695Kprogram expense

Run this program? Claim this org to tell your story

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$641K
Ln 12
Fees for servicesLn 2g$606K
Other incomeLn 4–11$35K
Money outPt IX
$732K
Ln 25
Programscol B$695K
Managementcol C$37K
Owns and owesPt X
−$294K
net assets · Ln 32
Cash and savingsLn 1–2$147K
Total assetsLn 16$4.3M
LiabilitiesLn 26$4.6M
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$606K
Other incomeLn 4–11$35K
Total revenueLn 12$641K
Assets in detailPt X, end of year
CashLn 1$147K
SavingsLn 2$0
Cash and savings togetherLn 1–2$147K
Land, buildings, equipmentLn 10c$4.1M
Other assetsLn 15$27K
Total assetsLn 16$4.3M
LiabilitiesLn 26$4.6M
Net assetsLn 32−$294K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderMay
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$112K$147K
Land, buildings, equipmentLn 10c$4.2M$4.1M
Total assetsLn 16$4.3M$4.3M
LiabilitiesLn 26$4.5M$4.6M
Net assetsLn 32−$202K−$294K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$31K$31K
Management feesLn 11a$6K$6K
Accounting feesLn 11c$5K$5K
Other fees for servicesLn 11g$15K$15K
Office expensesLn 13$48K$48K
TravelLn 17$352$352
InterestLn 20$266K$266K
Depreciation, depletion and amortizationLn 22$126K$126K
InsuranceLn 23$15K$15K
Other expenses (24a–d)Ln 24$216K$216K$0$0
All other expensesLn 24e$4K$4K
Total functional expensesLn 25$732K$695K$37K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $641K$732K−$91K−$294K 990 PDF
FY2024 $430K$632K−$202K−$202K 990 PDF
FY2023 $0$0 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $640,877 across 4 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $606,375 · Unrelated business $0 · Excluded from tax $0$606,375
VIII-6 Net rental income or lossRelated to mission $34,502 · Unrelated business $0 · Excluded from tax $0$34,502
VIII-12 Total revenueRelated to mission $640,877 · Unrelated business $0 · Excluded from tax $0$640,877
Part IX · Statement of functional expenses $732,145 across 11 lines filed
IX-7 Other salaries and wagesManagement $30,957$30,957
IX-11a Management feesManagement $6,213$6,213
IX-11c Accounting feesPrograms $5,000$5,000
IX-11g Other fees for servicesPrograms $15,030$15,030
IX-13 Office expensesPrograms $47,651$47,651
IX-17 TravelPrograms $352$352
IX-20 InterestPrograms $266,159$266,159
IX-22 Depreciation, depletion and amortizationPrograms $125,838$125,838
IX-23 InsurancePrograms $15,177$15,177
IX-24 Other expenses (24a–d)Programs $215,662 · Management $0 · Fundraising $0$215,662
IX-24e All other expensesPrograms $4,106$4,106
IX-25 Total functional expensesPrograms $694,975 · Management $37,170 · Fundraising $0$732,145
Part X · Balance sheet $4,265,727 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $112,227$147,402
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$4,304
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $25,614$0
X-10c Land, buildings and equipment, netStart of year $4,195,796$4,087,194
X-15 Other assets$26,827
X-16 Total assetsStart of year $4,333,637$4,265,727
X-17 Accounts payable and accrued expensesStart of year $598,310$664,071
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $1,150$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-25 Other liabilitiesStart of year $73,572$73,572
X-26 Total liabilitiesStart of year $4,536,004$4,559,362
X-27 Net assets without donor restrictionsStart of year −$202,367−$293,635
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year −$202,367−$293,635
X-33 Total liabilities and net assetsStart of year $4,333,637$4,265,727
Part XI · Reconciliation of net assets −$293,635 net assets at year end
XI-1 Total revenue$640,877
XI-2 Total expenses$732,145
XI-3 Revenue less expenses−$91,268
XI-4 Net assets at start of year−$202,367
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$293,635

Form 990 e-file (XML) FY2025 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.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Export with similar orgs (CSV)
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

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.