Douglas H Phelps Foundation
Douglas H Phelps Foundation maintains stable assets despite fluctuating revenue and consistent spending exceeding income.
EIN: 208076161 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $47K |
| Total Expenses | $48K |
| Program Spending | 90% |
| Net Assets | $1.0M |
| Transparency Score | 75/100 |
Is Douglas H Phelps Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Douglas H Phelps Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Douglas H Phelps Foundation
Douglas H Phelps Foundation (EIN: 208076161) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $47K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Douglas H Phelps Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Douglas H Phelps Foundation is a micro nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -12.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $42K |
| Total Expenses | $48K |
| Surplus / Deficit | $-5,689 |
| Total Assets | $1.0M |
| Total Liabilities | $1 |
| Net Assets | $1.0M |
| Operating Margin | -13.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 258.9 months |
Financial Health Grade: B
In 2023, Douglas H Phelps Foundation reported a deficit of $6K with expenses exceeding revenue, holds 258.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Douglas H Phelps Foundation's revenue has declined at a compound annual growth rate (CAGR) of -12.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +268.0% | +45.1% | -0.5% |
| 2022 | -92.3% | -59.9% | -2.0% |
| 2021 | +5379.5% | +312.4% | +6.7% |
| 2020 | -84.7% | -62.0% | -1.7% |
| 2019 | +7319.8% | -14.7% | -22.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Douglas H Phelps Foundation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Douglas H Phelps Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The foundation consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly efficient for a foundation of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Douglas H Phelps Foundation's IRS 990 filings:
- Consistent spending exceeding annual revenue, potentially drawing down on assets.
- Lack of detailed program descriptions in public filings.
Strengths
The following positive indicators were identified for Douglas H Phelps Foundation:
- Stable asset base of over $1 million, indicating financial resilience.
- Zero officer compensation, demonstrating high efficiency in executive costs.
- Minimal liabilities ($1 across all filings), indicating strong financial health.
Frequently Asked Questions about Douglas H Phelps Foundation
Is Douglas H Phelps Foundation a legitimate charity?
Douglas H Phelps Foundation (EIN: 208076161) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $47K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Douglas H Phelps Foundation spend its money?
Douglas H Phelps Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Douglas H Phelps Foundation tax-deductible?
Douglas H Phelps Foundation is registered as a tax-exempt nonprofit (EIN: 208076161). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Douglas H Phelps Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Douglas H Phelps Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Douglas H Phelps Foundation located?
Douglas H Phelps Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 208076161. It is classified under NTEE code T20.
How many years of IRS 990 filings does Douglas H Phelps Foundation have?
Douglas H Phelps Foundation has 10 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 $47K in total revenue.
What are the specific programs or grants the Douglas H Phelps Foundation supports?
The available IRS 990 data does not provide specific details on the programs or grants supported by the Douglas H Phelps Foundation. As a private grantmaking foundation (NTEE T20), it primarily makes grants to other organizations, but the recipients are not detailed in this summary data.
Why does the foundation consistently spend more than its revenue?
The foundation consistently spends more than its annual revenue, for example, $48,185 in expenses against $42,496 in revenue in 2023. This suggests it is either drawing down on its principal assets to fund its operations and grants, or it is utilizing accumulated investment gains from prior periods that are not reflected as 'revenue' in the same way as contributions.
How does the foundation manage its investments to maintain asset stability?
While the filings show stable assets around $1 million despite fluctuating revenues and expenses, the specific investment strategies or portfolio performance details are not available in the provided summary data. The foundation's ability to maintain assets suggests effective investment management.
Filing History
IRS 990 filing history for Douglas H Phelps Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Douglas H Phelps Foundation's revenue has declined by 79.3%, moving from $205K to $42K. Total assets decreased by 30.6% over the same period, from $1.5M to $1.0M. Total functional expenses fell by 21.3%, from $61K to $48K. In its most recent filing year (2023), Douglas H Phelps Foundation reported a deficit of $6K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $42K | $48K | $1.0M | $1 | — | — |
| 2022 | $12K | $33K | $1.0M | $1 | — | View 990 |
| 2021 | $150K | $83K | $1.1M | $1 | — | View 990 |
| 2020 | $3K | $20K | $1000K | $1 | — | — |
| 2019 | $18K | $53K | $1.0M | $1 | — | — |
| 2015 | $242 | $62K | $1.3M | $1 | — | View 990 |
| 2014 | $335 | $79K | $1.4M | $1 | — | View 990 |
| 2013 | $162 | $68K | $1.4M | $1 | — | View 990 |
| 2012 | $75K | $58K | $1.5M | $1 | — | View 990 |
| 2011 | $205K | $61K | $1.5M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $42K, expenses of $48K, and assets of $1.0M (revenue +268.0% year-over-year).
- 2022: Revenue of $12K, expenses of $33K, and assets of $1.0M (revenue -92.3% year-over-year).
- 2021: Revenue of $150K, expenses of $83K, and assets of $1.1M (revenue +5379.5% year-over-year).
- 2020: Revenue of $3K, expenses of $20K, and assets of $1000K (revenue -84.7% year-over-year).
- 2019: Revenue of $18K, expenses of $53K, and assets of $1.0M (revenue +7319.8% year-over-year).
- 2015: Revenue of $242, expenses of $62K, and assets of $1.3M (revenue -27.8% year-over-year).
- 2014: Revenue of $335, expenses of $79K, and assets of $1.4M (revenue +106.8% year-over-year).
- 2013: Revenue of $162, expenses of $68K, and assets of $1.4M (revenue -99.8% year-over-year).
- 2012: Revenue of $75K, expenses of $58K, and assets of $1.5M (revenue -63.4% year-over-year).
- 2011: Revenue of $205K, expenses of $61K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Douglas H Phelps Foundation:
Data Sources and Methodology
This transparency report for Douglas H Phelps 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.