The Phoenix Center Inc

The Phoenix Center Inc: Transparent Operations and Balanced Spending

EIN: 223114959 · Nutley, NJ · NTEE: B28Z · Updated: 2026-05-12

$15.8MRevenue
$7.1MAssets
85/100Mission Score (Excellent)
B28Z
The Phoenix Center Inc Financial Summary
MetricValue
Total Revenue$15.8M
Total Expenses$13.6M
Program Spending55%
Net Assets$1.9M
Transparency Score85/100

Search Intent Cockpit

The Phoenix Center Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

The Phoenix Center Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around The Phoenix Center Inc in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $13.7M and expenses of $13.6M.

Revenue and Expenses

The Phoenix Center Inc reported $13.7M in revenue and $13.6M in expenses, a surplus of $73K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

85/100 mission score, 1 red flag, and 1 strength are shown from structured and AI review.

Is The Phoenix Center Inc Legit?

Some Concerns

GoodFiling Consistency
Below AverageSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
55%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

The Phoenix Center Inc Expense Deployment
Program services$7.5M (55%)

Across stored filings, The Phoenix Center Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

The Phoenix Center Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 1 red flag identified
Mission spend55% to programsBelow Average
Financial durabilityGrade A13 stored filing years
Peer contextCompare with Dance For The Cure IncNew Jersey and Education context

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The Phoenix Center Inc directs 55% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.

About The Phoenix Center Inc

The Phoenix Center Inc (EIN: 223114959) is a nonprofit organization based in Nutley, NJ, classified under NTEE code B28Z. The organization reported total revenue of $15.8M and total assets of $7.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Phoenix Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

34Years Operating
LargeSize Classification
13Years of Filings
MixedRevenue Trajectory

The Phoenix Center Inc is a large nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$13.7M
Total Expenses$13.6M
Surplus / Deficit+$73K
Total Assets$6.6M
Total Liabilities$4.7M
Net Assets$1.9M
Operating Margin0.5%
Debt-to-Asset Ratio71.7%
Months of Reserves5.8 months

Financial Health Grade: A

In 2023, The Phoenix Center Inc reported a surplus of $73K with revenue exceeding expenses, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 71.7% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), The Phoenix Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023+2.4%+1.3%+107.6%
2022-1.5%-2.6%-8.1%
2021-6.0%-4.0%-32.1%
2020+0.5%+0.8%+72.7%
2019+8.0%+7.6%+14.5%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date1992

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Phoenix Center Inc is a education nonprofit based in Nutley, New Jersey, with reported revenue of $15.8M and assets of $7.1M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 55% of spending goes to programs, 25% to administration, and 20% to fundraising. Executive compensation remains stable, with no significant increases over the past five years. Revenue has grown +32% across 13 filing periods.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates The Phoenix Center 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: 25%
  • programs: 55%
  • fundraising: 20%

According to IRS 990 filings, The Phoenix Center Inc allocates its expenses as follows: admin: 25%, programs: 55%, fundraising: 20%. Approximately 55% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$13.7MTotal Revenue
$13.6MTotal Expenses
$6.6MTotal Assets
$4.7MTotal Liabilities
$1.9MNet Assets
  • The organization reported a surplus of $73K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 71.7%.

Executive Compensation Analysis

Executive compensation remains stable, with no significant increases over the past five years.

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 The Phoenix Center Inc's IRS 990 filings:

  • The organization has not reported any significant changes in spending categories over the past five years.

Strengths

The following positive indicators were identified for The Phoenix Center Inc:

  • The organization has a strong track record of maintaining a balanced budget, with a consistent allocation of funds to programs, administration, and fundraising.

Frequently Asked Questions about The Phoenix Center Inc

Is The Phoenix Center Inc a legitimate charity?

The Phoenix Center Inc (EIN: 223114959) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $15.8M. 1 red flag identified. 1 strength noted. Financial health grade: A.

How does The Phoenix Center Inc spend its money?

The Phoenix Center Inc directs 55% of its spending to programs and services. Fundraising costs 20%. This falls below the 65% benchmark.

Are donations to The Phoenix Center Inc tax-deductible?

The Phoenix Center Inc is registered as a tax-exempt nonprofit (EIN: 223114959). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of The Phoenix Center Inc's spending goes to programs?

The Phoenix Center Inc directs 55% to programs, 20% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.

How does The Phoenix Center Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), The Phoenix Center Inc is above average for NTEE category B28Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is The Phoenix Center Inc located?

The Phoenix Center Inc is headquartered in Nutley, New Jersey and files with the IRS under EIN 223114959. It is classified under NTEE code B28Z.

How many years of IRS 990 filings does The Phoenix Center Inc have?

The Phoenix Center 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 $15.8M in total revenue.

What does The Phoenix Center Inc do?

The Phoenix Center Inc is a nonprofit organization in the Education sector, located in Nutley, New Jersey. It is classified under NTEE code B28Z.

How much revenue does The Phoenix Center Inc have?

The Phoenix Center Inc reported total revenue of $15,830,973. Based on 13 IRS 990 filings on record.

What are The Phoenix Center Inc's total assets?

The Phoenix Center Inc holds total assets of $7,147,708 as reported in IRS 990 filings.

Where is The Phoenix Center Inc located?

The Phoenix Center Inc is based in Nutley, New Jersey.

What is The Phoenix Center Inc's EIN?

The Phoenix Center Inc's Employer Identification Number (EIN) is 223114959. This is the unique tax ID assigned by the IRS for tax-exempt organizations.

What type of nonprofit is The Phoenix Center Inc?

The Phoenix Center Inc is classified under NTEE code B28Z (Education).

Is The Phoenix Center Inc a registered 501(c)(3)?

Yes, The Phoenix Center Inc is recognized as a tax-exempt organization by the IRS. EIN: 223114959.

Does The Phoenix Center Inc file IRS Form 990?

Yes, The Phoenix Center Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.

What was The Phoenix Center Inc's revenue in 2023?

In the 202306 filing period, The Phoenix Center Inc reported total revenue of $13,694,196, total expenses of $13,620,965, and net assets of $6,597,673.

Is The Phoenix Center Inc's revenue growing or declining?

The Phoenix Center Inc's revenue is relatively stable. Revenue went from $13,374,384 (202206) to $13,694,196 (202306), a +2.4% change. Based on 13 filings on record.

What is The Phoenix Center Inc's most recent 990 filing?

The most recent IRS Form 990 filing for The Phoenix Center Inc covers tax period 202306. It shows revenue of $13,694,196, expenses of $13,620,965, total assets of $6,597,673, and liabilities of $4,731,946.

How much does The Phoenix Center Inc spend on programs vs administration?

Based on IRS 990 analysis, The Phoenix Center Inc allocates approximately 55% of expenses to program services, 25% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.

Is The Phoenix Center Inc a trustworthy charity?

Based on AI analysis of IRS 990 data, The Phoenix Center Inc appears trustworthy. Mission Score: 85/100 (Excellent). 1 red flag identified. 1 strength noted.

What are the red flags for The Phoenix Center Inc?

The following concerns were identified: The organization has not reported any significant changes in spending categories over the past five years.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.

What are The Phoenix Center Inc's strengths?

Positive indicators for The Phoenix Center Inc include: The organization has a strong track record of maintaining a balanced budget, with a consistent allocation of funds to programs, administration, and fundraising.. These findings are derived from AI analysis of the organization's financial filings.

How does The Phoenix Center Inc compensate executives?

Executive compensation remains stable, with no significant increases over the past five years. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.

What is the breakdown of the organization's spending categories?

The organization allocates 55% of its budget to programs, 25% to administration, and 20% to fundraising. This allocation has remained consistent over the past five years.

How does the organization ensure transparency in its financial reporting?

The organization provides detailed financial reports that are publicly available, including comprehensive breakdowns of program, administrative, and fundraising expenses.

What is the trend in executive compensation over the past five years?

Executive compensation has remained stable, with no significant increases over the past five years.

Filing History

IRS 990 filing history for The Phoenix Center Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), The Phoenix Center Inc's revenue has grown by 32.1%, moving from $10.4M to $13.7M. Total assets increased by 196.5% over the same period, from $2.2M to $6.6M. Total functional expenses rose by 31.9%, from $10.3M to $13.6M. In its most recent filing year (2023), The Phoenix Center Inc reported a surplus of $73K, with revenue exceeding expenses. The organization holds $4.7M in liabilities against $6.6M in assets (debt-to-asset ratio: 71.7%), resulting in net assets of $1.9M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $13.7M $13.6M $6.6M $4.7M
2022 $13.4M $13.4M $3.2M $1.2M View 990
2021 $13.6M $13.8M $3.5M $1.5M View 990
2020 $14.4M $14.4M $5.1M $2.9M View 990
2019 $14.4M $14.3M $2.9M $772K View 990
2018 $13.3M $13.3M $2.6M $501K View 990
2017 $12.5M $12.5M $2.5M $509K View 990
2016 $12.8M $12.6M $2.5M $460K View 990
2015 $12.1M $12.0M $2.3M $412K View 990
2014 $11.9M $11.8M $2.2M $496K View 990
2013 $11.5M $11.4M $2.1M $504K View 990
2012 $10.9M $10.9M $1.9M $433K View 990
2011 $10.4M $10.3M $2.2M $843K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $13.7M, expenses of $13.6M, and assets of $6.6M (revenue +2.4% year-over-year).
  • 2022: Revenue of $13.4M, expenses of $13.4M, and assets of $3.2M (revenue -1.5% year-over-year).
  • 2021: Revenue of $13.6M, expenses of $13.8M, and assets of $3.5M (revenue -6.0% year-over-year).
  • 2020: Revenue of $14.4M, expenses of $14.4M, and assets of $5.1M (revenue +0.5% year-over-year).
  • 2019: Revenue of $14.4M, expenses of $14.3M, and assets of $2.9M (revenue +8.0% year-over-year).
  • 2018: Revenue of $13.3M, expenses of $13.3M, and assets of $2.6M (revenue +6.5% year-over-year).
  • 2017: Revenue of $12.5M, expenses of $12.5M, and assets of $2.5M (revenue -2.6% year-over-year).
  • 2016: Revenue of $12.8M, expenses of $12.6M, and assets of $2.5M (revenue +5.7% year-over-year).
  • 2015: Revenue of $12.1M, expenses of $12.0M, and assets of $2.3M (revenue +2.1% year-over-year).
  • 2014: Revenue of $11.9M, expenses of $11.8M, and assets of $2.2M (revenue +3.0% year-over-year).
  • 2013: Revenue of $11.5M, expenses of $11.4M, and assets of $2.1M (revenue +5.5% year-over-year).
  • 2012: Revenue of $10.9M, expenses of $10.9M, and assets of $1.9M (revenue +5.5% year-over-year).
  • 2011: Revenue of $10.4M, expenses of $10.3M, and assets of $2.2M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for The Phoenix Center Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for The Phoenix Center 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.

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