Is Phillips Strickland Charities Legit? —…

Quick charity verification for Phillips Strickland Charities (EIN: 10523156)

Strengths

Consistent 0% officer compensation, indicating high efficiency in executive overhead.
Strong and stable asset base ($4,623,229) providing financial security.
Absence of liabilities in recent years (2017-2023), indicating sound financial management.
Excellent transparency with a complete history of 990 filings available.
Historically strong program spending due to minimal administrative and fundraising costs.

Spending Breakdown

How Phillips Strickland Charities allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Phillips Strickland Charities

Is Phillips Strickland Charities a legitimate charity?

Based on AI analysis of IRS 990 filings, Phillips Strickland Charities (EIN: 10523156) appears trustworthy. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.

Is Phillips Strickland Charities a good charity to donate to?

Phillips Strickland Charities has a Mission Score of 95/100. Revenue: $954K. Assets: $4.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Phillips Strickland Charities?

The Employer Identification Number (EIN) for Phillips Strickland Charities is 10523156. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Phillips Strickland Charities spend its money?

Phillips Strickland Charities allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Phillips Strickland Charities's tax-exempt status?

You can verify Phillips Strickland Charities's tax-exempt status using EIN 10523156 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Phillips Strickland Charities demonstrates a consistent commitment to its mission, as evidenced by its historical financial data. The organization has maintained a healthy asset base, currently at $4,623,229, which provides a strong foundation for its operations. While there have been fluctuations in annual revenue and expenses, the organization has generally managed its resources effectively. For instance, in 2022, revenue of $486,308 significantly exceeded expenses of $288,195, indicating a period of strong financial health and growth in net assets. However, the most recent filing (2023) shows expenses ($502,715) exceeding revenue ($246,223), suggesting a period of increased spending or reduced income that warrants closer monitoring.

The organization's spending efficiency appears to be strong, particularly given the consistent 0% officer compensation reported across all available filings. This indicates that a very high proportion of funds are likely directed towards program services rather than administrative overhead related to executive salaries. The absence of liabilities in recent years (2017-2023) also points to sound financial management and a low-risk financial profile. The organization's transparency is excellent, with a complete history of 990 filings readily available, allowing for thorough public scrutiny of its financial activities.

Overall, Phillips Strickland Charities appears to be a financially stable and well-managed organization with a strong focus on its programmatic goals, supported by its substantial assets and efficient use of funds. The recent dip in net assets in 2023 should be observed, but it does not overshadow the overall positive financial trajectory and operational efficiency demonstrated over the long term.

Is Phillips Strickland Charities Legit?

Verdict: Phillips Strickland Charities appears trustworthy

Red Flags