Php Foundation Inc
Php Foundation Inc. consistently operates at a deficit in recent years despite substantial assets and no reported officer compensation.
EIN: 204615314 · Fort Wayne, IN · NTEE: T21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.2M |
| Total Expenses | $553K |
| Program Spending | 90% |
| Net Assets | $2.9M |
| Transparency Score | 85/100 |
Is Php Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Php Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Php Foundation Inc
Php Foundation Inc (EIN: 204615314) is a nonprofit organization based in Fort Wayne, IN, classified under NTEE code T21. The organization reported total revenue of $11.2M and total assets of $51.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Php Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Php Foundation Inc is a large nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $505K |
| Total Expenses | $553K |
| Surplus / Deficit | $-47,417 |
| Total Assets | $2.9M |
| Total Liabilities | $1 |
| Net Assets | $2.9M |
| Operating Margin | -9.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 63.9 months |
Financial Health Grade: B
In 2023, Php Foundation Inc reported a deficit of $47K with expenses exceeding revenue, holds 63.9 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), Php Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +272.3% | -6.0% | -1.6% |
| 2022 | -66.1% | -16.4% | -13.1% |
| 2021 | -3.4% | -6.2% | -8.1% |
| 2020 | -63.8% | -10.8% | -8.2% |
| 2019 | +58.1% | +100.7% | +34.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Php Foundation Inc with a Mission Score of 85 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Php Foundation Inc 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 $47K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees are receiving compensation, which is highly favorable for directing funds to programmatic activities.
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 Php Foundation Inc's IRS 990 filings:
- Consistent operational deficits in recent years (2020-2023), with expenses exceeding revenue.
- Revenue in 2023 ($505,095) is significantly lower than the 'Latest Revenue' of $11,197,299, suggesting a potential discrepancy or a different reporting period for the 'Latest Revenue' figure.
Strengths
The following positive indicators were identified for Php Foundation Inc:
- Zero reported officer compensation across all filings, indicating high dedication of funds to mission.
- Minimal liabilities ($1 in 2023) relative to assets ($2,944,378 in 2023), indicating strong financial solvency.
- Healthy asset base, consistently growing over the long term, providing financial stability.
Frequently Asked Questions about Php Foundation Inc
Is Php Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Php Foundation Inc (EIN: 204615314) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Php Foundation Inc spend its money?
Php Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Php Foundation Inc tax-deductible?
Php Foundation Inc is registered as a tax-exempt nonprofit (EIN: 204615314). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Php Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Php Foundation Inc is above average for NTEE category T21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Php Foundation Inc located?
Php Foundation Inc is headquartered in Fort Wayne, Indiana and files with the IRS under EIN 204615314. It is classified under NTEE code T21.
How many years of IRS 990 filings does Php Foundation Inc have?
Php Foundation Inc 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 $11.2M in total revenue.
Is Php Foundation Inc. financially sustainable given its recent operational deficits?
The organization has consistently reported expenses exceeding revenue from 2020 to 2023. For example, in 2023, expenses were $552,512 while revenue was $505,095. While it has substantial assets ($2,944,378 in 2023) and minimal liabilities ($1), this trend suggests a reliance on reserves or other funding sources to cover operational costs, which may not be sustainable long-term without a change in financial strategy.
How does the lack of officer compensation impact the organization's efficiency?
The consistent reporting of 0% officer compensation across all filings is a significant strength, indicating that funds are not being diverted to executive salaries. This directly contributes to higher spending efficiency, as more resources can be allocated to program services and administrative overhead is kept low.
What is the trend in the organization's asset growth?
The organization's assets have shown a general upward trend over the years, from $1,876,418 in 2011 to $2,944,378 in 2023, peaking at $4,083,525 in 2019. This indicates a healthy accumulation of resources, despite recent operational deficits.
Filing History
IRS 990 filing history for Php Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Php Foundation Inc's revenue has declined by 42%, moving from $871K to $505K. Total assets increased by 56.9% over the same period, from $1.9M to $2.9M. Total functional expenses rose by 38.1%, from $400K to $553K. In its most recent filing year (2023), Php Foundation Inc reported a deficit of $47K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $505K | $553K | $2.9M | $1 | — | View 990 |
| 2022 | $136K | $588K | $3.0M | $1 | — | View 990 |
| 2021 | $400K | $703K | $3.4M | $1 | — | — |
| 2020 | $414K | $750K | $3.7M | $1 | — | — |
| 2019 | $1.1M | $840K | $4.1M | $1 | — | View 990 |
| 2015 | $724K | $419K | $3.0M | $0 | — | View 990 |
| 2014 | $514K | $410K | $2.7M | $0 | — | View 990 |
| 2013 | $804K | $415K | $2.6M | $0 | — | View 990 |
| 2012 | $777K | $411K | $2.2M | $0 | — | View 990 |
| 2011 | $871K | $400K | $1.9M | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $505K, expenses of $553K, and assets of $2.9M (revenue +272.3% year-over-year).
- 2022: Revenue of $136K, expenses of $588K, and assets of $3.0M (revenue -66.1% year-over-year).
- 2021: Revenue of $400K, expenses of $703K, and assets of $3.4M (revenue -3.4% year-over-year).
- 2020: Revenue of $414K, expenses of $750K, and assets of $3.7M (revenue -63.8% year-over-year).
- 2019: Revenue of $1.1M, expenses of $840K, and assets of $4.1M (revenue +58.1% year-over-year).
- 2015: Revenue of $724K, expenses of $419K, and assets of $3.0M (revenue +40.9% year-over-year).
- 2014: Revenue of $514K, expenses of $410K, and assets of $2.7M (revenue -36.1% year-over-year).
- 2013: Revenue of $804K, expenses of $415K, and assets of $2.6M (revenue +3.4% year-over-year).
- 2012: Revenue of $777K, expenses of $411K, and assets of $2.2M (revenue -10.8% year-over-year).
- 2011: Revenue of $871K, expenses of $400K, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Php Foundation Inc:
Data Sources and Methodology
This transparency report for Php Foundation 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.