Phoenix Houses Of Long Island Inc

Phoenix Houses Of Long Island Inc shows strong financial growth and zero reported officer compensation.

EIN: 112307925 · Long Is City, NY · Updated: 2026-03-28

$36.9MRevenue

$84.8MAssets

92/100Mission Score (Excellent)

About Phoenix Houses Of Long Island Inc

Phoenix Houses Of Long Island Inc (EIN: 112307925) is a nonprofit organization based in Long Is City, NY. The organization reported total revenue of $36.9M and total assets of $84.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Phoenix Houses Of Long Island Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

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.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Phoenix Houses Of Long Island Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Phoenix Houses Of Long Island Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers from the organization's funds, which is highly unusual for an organization of this size ($36.9 million latest revenue) and suggests a volunteer or externally funded 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.

Strengths

The following positive indicators were identified for Phoenix Houses Of Long Island Inc:

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.

Frequently Asked Questions about Phoenix Houses Of Long Island Inc

Is Phoenix Houses Of Long Island Inc financially stable?

Yes, the organization demonstrates strong financial stability, with assets growing significantly from $10 million in 2014 to $61.9 million in 2023, and consistent operational surpluses in recent years, such as $3.5 million in 202206.

How does Phoenix Houses Of Long Island Inc manage executive compensation?

Phoenix Houses Of Long Island Inc consistently reports 0% officer compensation in all available IRS 990 filings, indicating that no salaries are paid to officers directly from the organization's funds.

Has Phoenix Houses Of Long Island Inc experienced revenue growth?

Yes, the organization has shown substantial revenue growth, increasing from $17.2 million in 2014 to $31.9 million in 2023, with a peak of $35 million in 2019.

What is the trend in the organization's assets?

The organization's assets have shown significant growth, particularly in recent years, increasing from $15.6 million in 2021 to $61.9 million in 2023, indicating strong financial health and capacity.

Filing History

IRS 990 filing history for Phoenix Houses Of Long Island Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Phoenix Houses Of Long Island Inc's revenue has grown by 105.3%, moving from $15.6M to $32.0M. Total assets increased by 574% over the same period, from $9.2M to $62.0M. Total functional expenses rose by 108.8%, from $15.1M to $31.5M. In its most recent filing year (2023), Phoenix Houses Of Long Island Inc reported a surplus of $473K, with revenue exceeding expenses. The organization holds $32.8M in liabilities against $62.0M in assets (debt-to-asset ratio: 53.0%), resulting in net assets of $29.1M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$32.0M	$31.5M	$62.0M	$32.8M	—	—
2022	$30.3M	$26.8M	$93.9M	$30.7M	—	View 990
2021	$20.8M	$24.1M	$15.7M	$16.0M	—	View 990
2020	$22.6M	$25.1M	$17.6M	$13.8M	—	View 990
2019	$35.1M	$25.8M	$14.7M	$5.7M	—	View 990
2018	$18.7M	$20.8M	$9.8M	$10.1M	—	View 990
2017	$18.3M	$15.3M	$5.9M	$4.8M	—	View 990
2016	$15.8M	$17.5M	$8.9M	$10.8M	—	View 990
2015	$16.3M	$18.2M	$9.1M	$9.4M	—	View 990
2014	$17.2M	$17.6M	$10.0M	$8.3M	—	View 990
2013	$16.5M	$17.1M	$8.8M	$6.7M	—	View 990
2012	$16.5M	$16.4M	$11.0M	$7.2M	—	View 990
2011	$15.6M	$15.1M	$9.2M	$5.6M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $32.0M, expenses of $31.5M, and assets of $62.0M (revenue +5.7% year-over-year).
2022: Revenue of $30.3M, expenses of $26.8M, and assets of $93.9M (revenue +45.6% year-over-year).
2021: Revenue of $20.8M, expenses of $24.1M, and assets of $15.7M (revenue -8.0% year-over-year).
2020: Revenue of $22.6M, expenses of $25.1M, and assets of $17.6M (revenue -35.6% year-over-year).
2019: Revenue of $35.1M, expenses of $25.8M, and assets of $14.7M (revenue +87.9% year-over-year).
2018: Revenue of $18.7M, expenses of $20.8M, and assets of $9.8M (revenue +1.8% year-over-year).
2017: Revenue of $18.3M, expenses of $15.3M, and assets of $5.9M (revenue +15.8% year-over-year).
2016: Revenue of $15.8M, expenses of $17.5M, and assets of $8.9M (revenue -2.8% year-over-year).
2015: Revenue of $16.3M, expenses of $18.2M, and assets of $9.1M (revenue -5.4% year-over-year).
2014: Revenue of $17.2M, expenses of $17.6M, and assets of $10.0M (revenue +4.3% year-over-year).
2013: Revenue of $16.5M, expenses of $17.1M, and assets of $8.8M (revenue -0.2% year-over-year).
2012: Revenue of $16.5M, expenses of $16.4M, and assets of $11.0M (revenue +6.2% year-over-year).
2011: Revenue of $15.6M, expenses of $15.1M, and assets of $9.2M.

Data Sources and Methodology

This transparency report for Phoenix Houses Of Long Island Inc 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.