Significant and rapid decline in revenue and assets from 2019-2022, indicating potential financial instability.
Consistent deficit spending in recent years (e.g., 2022: Expenses $80,435 vs. Revenue $41,980; 2021: Expenses $112,233 vs. Revenue $30,507).
Dramatic decrease in assets from over $1.4 million in 2019 to $113,550 in 2022, suggesting asset liquidation or significant losses.
Strengths
Consistent reporting of 0% officer compensation, indicating a commitment to minimizing executive overhead.
Long history of IRS 990 filings (12 filings), suggesting a commitment to regulatory compliance and transparency.
Spending Breakdown
How Phillips Wharf Environmental Centerinc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Wharf Environmental Centerinc
Is Phillips Wharf Environmental Centerinc a legitimate charity?
Based on AI analysis of IRS 990 filings, Phillips Wharf Environmental Centerinc (EIN: 204519973) shows mixed signals. Mission Score: 60/100. 3 red flags identified, 2 strengths noted.
Is Phillips Wharf Environmental Centerinc a good charity to donate to?
Phillips Wharf Environmental Centerinc has a Mission Score of 60/100. Revenue: $136K. Assets: $189K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Phillips Wharf Environmental Centerinc?
The Employer Identification Number (EIN) for Phillips Wharf Environmental Centerinc is 204519973. 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 Wharf Environmental Centerinc spend its money?
Phillips Wharf Environmental Centerinc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Phillips Wharf Environmental Centerinc's tax-exempt status?
You can verify Phillips Wharf Environmental Centerinc's tax-exempt status using EIN 204519973 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 Wharf Environmental Centerinc has experienced significant financial fluctuations over the past decade. While the organization reported substantial revenues and assets in the mid-2010s, peaking with $438,301 in revenue and $1,483,701 in assets in 2019, its financial health has since declined sharply. The latest filing for 2022 shows revenue of only $41,980 and assets of $113,550, alongside expenses of $80,435, indicating a deficit spending pattern in recent years. This trend suggests a substantial reduction in operational scale and financial capacity.
The organization's spending efficiency is difficult to fully assess without a detailed functional expense breakdown, which is not provided in the summary data. However, the consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing administrative overhead at the executive level, which is a positive indicator for donor confidence. The significant drop in assets from over $1 million in 2020 to $113,550 in 2022, coupled with declining revenues, raises concerns about the sustainability of its programs.
Transparency appears to be maintained through regular IRS 990 filings. However, the dramatic decrease in financial scale warrants further investigation into the reasons behind this contraction. While the lack of officer compensation is a strength, the overall financial trajectory suggests a need for strategic re-evaluation to ensure long-term viability and program impact. The organization's ability to cover its expenses has varied, with several years showing expenses exceeding revenue, particularly in 2021 and 2022.