Quick charity verification for Phoenix Houses Of Long Island Inc (EIN: 112307925)
Verdict: Phoenix Houses Of Long Island Inc appears trustworthy
92/100Mission Score
$36.9MRevenue
$84.8MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, indicating high transparency and mission focus.
Significant and consistent revenue growth over the past decade.
Strong asset growth, particularly in recent years, enhancing long-term stability.
Generally positive net income/surpluses in recent years (e.g., $3.5 million in 202206), indicating sound financial management.
Consistent IRS 990 filing history, demonstrating compliance and transparency.
Spending Breakdown
How Phoenix Houses Of Long Island Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Phoenix Houses Of Long Island Inc
Is Phoenix Houses Of Long Island Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Phoenix Houses Of Long Island Inc (EIN: 112307925) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Phoenix Houses Of Long Island Inc a good charity to donate to?
Phoenix Houses Of Long Island Inc has a Mission Score of 92/100. Revenue: $36.9M. Assets: $84.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Phoenix Houses Of Long Island Inc?
The Employer Identification Number (EIN) for Phoenix Houses Of Long Island Inc is 112307925. 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 Phoenix Houses Of Long Island Inc spend its money?
Phoenix Houses Of Long Island Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Phoenix Houses Of Long Island Inc's tax-exempt status?
You can verify Phoenix Houses Of Long Island Inc's tax-exempt status using EIN 112307925 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
Phoenix Houses Of Long Island Inc has demonstrated significant financial growth and stability over the past decade, with recent filings showing substantial revenue and asset increases. For example, revenue grew from $17.2 million in 2014 to $31.9 million in 2023, and assets surged from $10 million to $61.9 million in the same period. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice suggests a volunteer or externally compensated leadership structure, which is highly favorable for a nonprofit.
Spending efficiency appears to be robust, with expenses generally tracking below or closely aligned with revenue, indicating responsible financial management. The latest filing (202306) shows expenses of $31,509,612 against revenues of $31,983,061, resulting in a modest surplus. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the consistent operational surpluses in recent years (e.g., $3.5 million in 202206) suggest effective resource allocation. The significant increase in assets, particularly from $15.6 million in 2021 to $61.9 million in 2023, points to strong financial health and capacity building.
The organization's consistent filing history and the absence of reported officer compensation contribute positively to its transparency profile. The substantial asset base of $84.7 million (latest available) provides a strong financial foundation, enabling long-term program sustainability. Overall, Phoenix Houses Of Long Island Inc appears to be a financially sound and transparent organization, effectively managing its resources to support its mission.