Phillips Wharf Environmental Centerinc
Phillips Wharf Environmental Centerinc experiences sharp decline in revenue and assets, operating at a deficit in recent years.
EIN: 204519973 · Easton, MD · NTEE: C60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $136K |
| Total Expenses | $80K |
| Program Spending | 80% |
| Net Assets | $114K |
| Transparency Score | 60/100 |
Is Phillips Wharf Environmental Centerinc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Phillips Wharf Environmental Centerinc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Phillips Wharf Environmental Centerinc
Phillips Wharf Environmental Centerinc (EIN: 204519973) is a nonprofit organization based in Easton, MD, classified under NTEE code C60. The organization reported total revenue of $136K and total assets of $189K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Phillips Wharf Environmental Centerinc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Phillips Wharf Environmental Centerinc is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -1.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $42K |
| Total Expenses | $80K |
| Surplus / Deficit | $-38,455 |
| Total Assets | $114K |
| Net Assets | $114K |
| Operating Margin | -91.6% |
| Months of Reserves | 16.9 months |
Financial Health Grade: B
In 2022, Phillips Wharf Environmental Centerinc reported a deficit of $38K with expenses exceeding revenue, holds 16.9 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Phillips Wharf Environmental Centerinc's revenue has declined at a compound annual growth rate (CAGR) of -1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +37.6% | -28.3% | -26.0% |
| 2021 | -83.0% | -47.4% | -87.2% |
| 2020 | -59.1% | -39.4% | -18.9% |
| 2019 | +70.4% | +26.2% | +9.7% |
| 2018 | -5.7% | +4.8% | +11.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Phillips Wharf Environmental Centerinc with a Mission Score of 60 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Phillips Wharf Environmental Centerinc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $38K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's officers are not drawing salaries, which is highly unusual for an organization of its former size and suggests a volunteer-led or very lean leadership structure.
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 Phillips Wharf Environmental Centerinc's IRS 990 filings:
- 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
The following positive indicators were identified for Phillips Wharf Environmental Centerinc:
- 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.
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) some concerns. Mission Score: 60/100. 3 red flags identified, 2 strengths noted.
How does Phillips Wharf Environmental Centerinc spend its money?
Phillips Wharf Environmental Centerinc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Phillips Wharf Environmental Centerinc tax-deductible?
Phillips Wharf Environmental Centerinc is registered as a tax-exempt nonprofit (EIN: 204519973). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Phillips Wharf Environmental Centerinc's spending goes to programs?
Phillips Wharf Environmental Centerinc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Phillips Wharf Environmental Centerinc compare to similar nonprofits?
With a transparency score of 60/100 (Good), Phillips Wharf Environmental Centerinc is above average for NTEE category C60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Phillips Wharf Environmental Centerinc located?
Phillips Wharf Environmental Centerinc is headquartered in Easton, Maryland and files with the IRS under EIN 204519973. It is classified under NTEE code C60.
How many years of IRS 990 filings does Phillips Wharf Environmental Centerinc have?
Phillips Wharf Environmental Centerinc has 12 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 $136K in total revenue.
What caused the significant decline in revenue and assets from 2019-2020 to 2022?
The provided data shows a sharp drop in revenue from $438,301 in 2019 to $41,980 in 2022, and assets from $1,483,701 in 2019 to $113,550 in 2022. The specific reasons are not detailed in the summary but warrant further investigation into operational changes or external factors.
How does the organization sustain operations with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that key leadership roles may be filled by volunteers or that compensation is structured in a way not captured under 'officer compensation' on the 990, which is unusual for an organization that previously managed over $1 million in assets.
What is the current operational status given the significant decrease in financial scale?
With 2022 revenue at $41,980 and expenses at $80,435, the organization is operating at a deficit. This, combined with significantly reduced assets, suggests a much smaller operational footprint than in previous years, raising questions about the scope of current programs.
Filing History
IRS 990 filing history for Phillips Wharf Environmental Centerinc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Phillips Wharf Environmental Centerinc's revenue has declined by 18.8%, moving from $52K to $42K. Total assets increased by 94.4% over the same period, from $58K to $114K. Total functional expenses rose by 66.9%, from $48K to $80K. In its most recent filing year (2022), Phillips Wharf Environmental Centerinc reported a deficit of $38K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $42K | $80K | $114K | $0 | — | View 990 |
| 2021 | $31K | $112K | $154K | $63K | — | View 990 |
| 2020 | $179K | $214K | $1.2M | $540K | — | View 990 |
| 2019 | $438K | $352K | $1.5M | $786K | — | View 990 |
| 2018 | $257K | $279K | $1.4M | $741K | — | View 990 |
| 2017 | $273K | $266K | $1.2M | $580K | — | View 990 |
| 2016 | $328K | $223K | $936K | $263K | — | View 990 |
| 2015 | $388K | $336K | $811K | $244K | — | View 990 |
| 2014 | $339K | $326K | $766K | $251K | — | View 990 |
| 2013 | $574K | $112K | $756K | $255K | — | View 990 |
| 2012 | $89K | $69K | $93K | $18K | — | View 990 |
| 2011 | $52K | $48K | $58K | $15 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $42K, expenses of $80K, and assets of $114K (revenue +37.6% year-over-year).
- 2021: Revenue of $31K, expenses of $112K, and assets of $154K (revenue -83.0% year-over-year).
- 2020: Revenue of $179K, expenses of $214K, and assets of $1.2M (revenue -59.1% year-over-year).
- 2019: Revenue of $438K, expenses of $352K, and assets of $1.5M (revenue +70.4% year-over-year).
- 2018: Revenue of $257K, expenses of $279K, and assets of $1.4M (revenue -5.7% year-over-year).
- 2017: Revenue of $273K, expenses of $266K, and assets of $1.2M (revenue -17.0% year-over-year).
- 2016: Revenue of $328K, expenses of $223K, and assets of $936K (revenue -15.4% year-over-year).
- 2015: Revenue of $388K, expenses of $336K, and assets of $811K (revenue +14.6% year-over-year).
- 2014: Revenue of $339K, expenses of $326K, and assets of $766K (revenue -41.0% year-over-year).
- 2013: Revenue of $574K, expenses of $112K, and assets of $756K (revenue +547.1% year-over-year).
- 2012: Revenue of $89K, expenses of $69K, and assets of $93K (revenue +71.5% year-over-year).
- 2011: Revenue of $52K, expenses of $48K, and assets of $58K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Phillips Wharf Environmental Centerinc:
Data Sources and Methodology
This transparency report for Phillips Wharf Environmental Centerinc 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.