Cassidy And Carin Phillips Foundation
EIN: 476672691 · Shreveport, LA · NTEE: T23
| Metric | Value |
|---|---|
| Total Revenue | $50K |
| Total Expenses | $57K |
| Net Assets | $882K |
Is Cassidy And Carin Phillips Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cassidy And Carin Phillips Foundation
Cassidy And Carin Phillips Foundation (EIN: 476672691) is a nonprofit organization based in Shreveport, LA, classified under NTEE code T23. The organization reported total revenue of $50K and total assets of $873K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cassidy And Carin Phillips Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cassidy And Carin Phillips Foundation is a micro nonprofit that has been operating for 11 years, with 7 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -19.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $143K |
| Total Expenses | $57K |
| Surplus / Deficit | +$86K |
| Total Assets | $882K |
| Total Liabilities | $1 |
| Net Assets | $882K |
| Operating Margin | 60.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 186.4 months |
Financial Health Grade: A
In 2023, Cassidy And Carin Phillips Foundation reported a surplus of $86K with revenue exceeding expenses, holds 186.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2014–2023), Cassidy And Carin Phillips Foundation's revenue has declined at a compound annual growth rate (CAGR) of -19.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +570.1% | -2.9% | +10.8% |
| 2022 | -72.3% | -28.0% | -4.8% |
| 2021 | +224.3% | +70.9% | -0.2% |
| 2020 | -63.3% | -49.9% | -2.8% |
| 2019 | -75.9% | +22.6% | -0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cassidy And Carin Phillips Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cassidy And Carin Phillips Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $86K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Cassidy And Carin Phillips Foundation
Is Cassidy And Carin Phillips Foundation a legitimate charity?
Cassidy And Carin Phillips Foundation (EIN: 476672691) is a registered tax-exempt nonprofit based in Louisiana. It has 7 years of IRS 990 filings on record. Total revenue: $50K. No red flags identified. Financial health grade: A.
How does Cassidy And Carin Phillips Foundation spend its money?
Cassidy And Carin Phillips Foundation reported $50K in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Cassidy And Carin Phillips Foundation tax-deductible?
Cassidy And Carin Phillips Foundation is registered as a tax-exempt nonprofit (EIN: 476672691). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cassidy And Carin Phillips Foundation located?
Cassidy And Carin Phillips Foundation is headquartered in Shreveport, Louisiana and files with the IRS under EIN 476672691. It is classified under NTEE code T23.
How many years of IRS 990 filings does Cassidy And Carin Phillips Foundation have?
Cassidy And Carin Phillips Foundation has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $50K in total revenue.
Filing History
IRS 990 filing history for Cassidy And Carin Phillips Foundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2014–2023), Cassidy And Carin Phillips Foundation's revenue has declined by 85.8%, moving from $1.0M to $143K. Total assets decreased by 11.4% over the same period, from $995K to $882K. Total functional expenses rose by 21985.2%, from $257 to $57K. In its most recent filing year (2023), Cassidy And Carin Phillips Foundation reported a surplus of $86K, with revenue exceeding expenses. The organization holds $1 in liabilities against $882K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $882K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $143K | $57K | $882K | $1 | — | — |
| 2022 | $21K | $58K | $795K | $1 | — | View 990 |
| 2021 | $77K | $81K | $835K | $3K | — | View 990 |
| 2020 | $24K | $48K | $837K | $1 | — | View 990 |
| 2019 | $65K | $95K | $861K | $1 | — | View 990 |
| 2015 | $268K | $77K | $865K | $0 | — | View 990 |
| 2014 | $1.0M | $257 | $995K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $143K, expenses of $57K, and assets of $882K (revenue +570.1% year-over-year).
- 2022: Revenue of $21K, expenses of $58K, and assets of $795K (revenue -72.3% year-over-year).
- 2021: Revenue of $77K, expenses of $81K, and assets of $835K (revenue +224.3% year-over-year).
- 2020: Revenue of $24K, expenses of $48K, and assets of $837K (revenue -63.3% year-over-year).
- 2019: Revenue of $65K, expenses of $95K, and assets of $861K (revenue -75.9% year-over-year).
- 2015: Revenue of $268K, expenses of $77K, and assets of $865K (revenue -73.5% year-over-year).
- 2014: Revenue of $1.0M, expenses of $257, and assets of $995K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cassidy And Carin Phillips Foundation:
Data Sources and Methodology
This transparency report for Cassidy And Carin Phillips Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.