Phoenix Houses Of Texas Inc
Phoenix Houses Of Texas Inc faces recurring deficits despite zero reported officer compensation.
EIN: 133810073 · Dallas, TX · NTEE: F200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.0M |
| Total Expenses | $9.4M |
| Program Spending | 80% |
| Net Assets | $4.3M |
| Transparency Score | 65/100 |
Is Phoenix Houses Of Texas Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Phoenix Houses Of Texas Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Phoenix Houses Of Texas Inc
Phoenix Houses Of Texas Inc (EIN: 133810073) is a nonprofit organization based in Dallas, TX, classified under NTEE code F200. The organization reported total revenue of $8.0M and total assets of $6.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Phoenix Houses Of Texas Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Phoenix Houses Of Texas Inc is a mid-size nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.0M |
| Total Expenses | $9.4M |
| Surplus / Deficit | $-1,321,529 |
| Total Assets | $5.1M |
| Total Liabilities | $816K |
| Net Assets | $4.3M |
| Operating Margin | -16.4% |
| Debt-to-Asset Ratio | 16.1% |
| Months of Reserves | 6.5 months |
Financial Health Grade: B
In 2023, Phoenix Houses Of Texas Inc reported a deficit of $1.3M with expenses exceeding revenue, holds 6.5 months of operating reserves (strong position), has a debt-to-asset ratio of 16.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Phoenix Houses Of Texas Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.9% | +4.7% | -21.1% |
| 2022 | +10.6% | +8.5% | -11.3% |
| 2021 | -0.3% | -10.5% | +2.0% |
| 2020 | -54.7% | +13.7% | +11.5% |
| 2019 | +146.1% | -12.1% | +14.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Phoenix Houses Of Texas Inc with a Mission Score of 65 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, Phoenix Houses Of Texas Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 16.1%.
Executive Compensation Analysis
Phoenix Houses Of Texas Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly unusual for an organization of its size and revenue, suggesting either pro-bono leadership or a different compensation structure not captured as 'officer compensation'.
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 Phoenix Houses Of Texas Inc's IRS 990 filings:
- Recurring deficits, with expenses exceeding revenue in multiple recent periods (e.g., 202306, 202006, 201806).
- Significant volatility in annual revenue, making financial planning challenging (e.g., $19.1M in 201606 vs. $7.5M in 201806).
- Declining assets in recent years, from $7.2M in 202106 to $5.0M in 202306.
Strengths
The following positive indicators were identified for Phoenix Houses Of Texas Inc:
- Consistent reporting of 0% officer compensation, indicating strong transparency regarding executive pay.
- Significant revenue generation, with latest revenue at $8,002,583, demonstrating capacity to attract funding.
- Long filing history (13 filings), suggesting established operations and compliance.
Frequently Asked Questions about Phoenix Houses Of Texas Inc
Is Phoenix Houses Of Texas Inc a legitimate charity?
Phoenix Houses Of Texas Inc (EIN: 133810073) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $8.0M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Phoenix Houses Of Texas Inc spend its money?
Phoenix Houses Of Texas Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Phoenix Houses Of Texas Inc tax-deductible?
Phoenix Houses Of Texas Inc is registered as a tax-exempt nonprofit (EIN: 133810073). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Phoenix Houses Of Texas Inc's spending goes to programs?
Phoenix Houses Of Texas Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Phoenix Houses Of Texas Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Phoenix Houses Of Texas Inc is above average for NTEE category F200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Phoenix Houses Of Texas Inc located?
Phoenix Houses Of Texas Inc is headquartered in Dallas, Texas and files with the IRS under EIN 133810073. It is classified under NTEE code F200.
How many years of IRS 990 filings does Phoenix Houses Of Texas Inc have?
Phoenix Houses Of Texas Inc has 13 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 $8.0M in total revenue.
Is Phoenix Houses Of Texas Inc financially stable?
The organization's financial stability is questionable due to recurring deficits, such as in 202306 where expenses ($9,358,123) exceeded revenue ($8,036,594), and significant fluctuations in annual revenue over the past decade.
How does Phoenix Houses Of Texas Inc manage executive compensation?
Phoenix Houses Of Texas Inc consistently reports 0% officer compensation in its IRS 990 filings, which is highly transparent regarding executive pay, but also unusual for an organization of its scale.
What is the trend in Phoenix Houses Of Texas Inc's assets?
The organization's assets have fluctuated, peaking at $7,265,420 in 202106 and declining to $5,083,319 in 202306, indicating a recent downward trend.
Filing History
IRS 990 filing history for Phoenix Houses Of Texas Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Phoenix Houses Of Texas Inc's revenue has declined by 31.6%, moving from $11.7M to $8.0M. Total assets increased by 1.7% over the same period, from $5.0M to $5.1M. Total functional expenses fell by 16.7%, from $11.2M to $9.4M. In its most recent filing year (2023), Phoenix Houses Of Texas Inc reported a deficit of $1.3M, with expenses exceeding revenue. The organization holds $816K in liabilities against $5.1M in assets (debt-to-asset ratio: 16.1%), resulting in net assets of $4.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.0M | $9.4M | $5.1M | $816K | — | — |
| 2022 | $9.2M | $8.9M | $6.4M | $853K | — | View 990 |
| 2021 | $8.3M | $8.2M | $7.3M | $2.0M | — | View 990 |
| 2020 | $8.4M | $9.2M | $7.1M | $1.9M | — | — |
| 2019 | $18.5M | $8.1M | $6.4M | $342K | — | View 990 |
| 2018 | $7.5M | $9.2M | $5.6M | $9.9M | — | View 990 |
| 2017 | $11.8M | $12.4M | $5.3M | $8.2M | — | View 990 |
| 2016 | $19.1M | $21.0M | $6.1M | $8.3M | — | View 990 |
| 2015 | $13.8M | $14.4M | $5.8M | $6.2M | — | View 990 |
| 2014 | $13.0M | $13.1M | $5.8M | $5.6M | — | View 990 |
| 2013 | $12.5M | $12.5M | $6.2M | $5.9M | — | View 990 |
| 2012 | $11.5M | $12.3M | $7.1M | $6.8M | — | View 990 |
| 2011 | $11.7M | $11.2M | $5.0M | $4.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.0M, expenses of $9.4M, and assets of $5.1M (revenue -12.9% year-over-year).
- 2022: Revenue of $9.2M, expenses of $8.9M, and assets of $6.4M (revenue +10.6% year-over-year).
- 2021: Revenue of $8.3M, expenses of $8.2M, and assets of $7.3M (revenue -0.3% year-over-year).
- 2020: Revenue of $8.4M, expenses of $9.2M, and assets of $7.1M (revenue -54.7% year-over-year).
- 2019: Revenue of $18.5M, expenses of $8.1M, and assets of $6.4M (revenue +146.1% year-over-year).
- 2018: Revenue of $7.5M, expenses of $9.2M, and assets of $5.6M (revenue -36.3% year-over-year).
- 2017: Revenue of $11.8M, expenses of $12.4M, and assets of $5.3M (revenue -38.3% year-over-year).
- 2016: Revenue of $19.1M, expenses of $21.0M, and assets of $6.1M (revenue +38.9% year-over-year).
- 2015: Revenue of $13.8M, expenses of $14.4M, and assets of $5.8M (revenue +5.4% year-over-year).
- 2014: Revenue of $13.0M, expenses of $13.1M, and assets of $5.8M (revenue +4.2% year-over-year).
- 2013: Revenue of $12.5M, expenses of $12.5M, and assets of $6.2M (revenue +8.5% year-over-year).
- 2012: Revenue of $11.5M, expenses of $12.3M, and assets of $7.1M (revenue -1.7% year-over-year).
- 2011: Revenue of $11.7M, expenses of $11.2M, and assets of $5.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Phoenix Houses Of Texas Inc:
Data Sources and Methodology
This transparency report for Phoenix Houses Of Texas 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.