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*Why Not Ratable?CharityWatch is currently unable to rate this organization. This does not imply a negative or positive evaluation. Please see the Analysts' Notes section for a more detailed explanation. |
Governance & Transparency
Top Salaries
Unable to Provide Salaries
CharityWatch is unable to provide a range of Top Three Salaries for this charity for the above fiscal reporting year because we lack complete salary data for the organization. Except for officers, directors, and trustees, the IRS does not require breakouts of salaries totaling less than $100,000.
For example, XYZ charity would be required to provide a breakout in its tax form of compensation to its president of $55,000, but would not be required to provide a breakout of $99,000 in compensation to its top medical researcher if that person is not also an officer, director, or trustee of the organization.
This charity reports that compensation to its officers, directors, and trustees is under $100,000 per individual. Donors who would like to view limited salary data for this organization should refer to its tax form, which may be available on the charity's web site or from a number of third-party sources. See CharityWatch's Links page for information on obtaining copies of charity tax forms.
Analysts' Notes
CharityWatch is unable to provide a letter grade rating for Phoenix House Foundation based on its fiscal year 2020 financial activities. CharityWatch generally applies our methodology and assigns letter grade ratings to charities that take in at least $1 million in public cash contributions and that maintain an annual budget of at least $500,000. For the fiscal year ended June 30, 2020, Phoenix House Foundation reports raising less than $6,000 in public cash contributions; its reported cash contributions were $0 for the fiscal year ended June 30, 2019. In addition, the Foundation reports $0 in program services spending and $0 in fundraising expenses in fiscal 2020; it also reports a total net assets deficit of $(3,482,405) at year-end June 30, 2020, according to its fiscal 2020 and 2019 IRS Form 990 tax filings and audited consolidated financial statements. According to the Phoenix House Foundation tax filing for the fiscal year ended June 30, 2020, the Foundation reports: "The Organization is in the process of restructuring and is working [on] receiving contributions in the future" (IRS Form 990, Schedule A, Part VI re: Part II, Section C, Line 17a, Facts and Circumstances Test). According to the Phoenix House Foundation consolidated audit of June 30, 2020 (Note 9, Due (to) from Affiliates): "In September 2018, Phoenix House's Board of Directors voted to dissolve the sole corporate member (the Phoenix House parent entity, incorporated in Minnesota). The dissolution took effect on March 31, 2019 and because of the dissolution, each regional Phoenix House affiliate and the Foundation became stand-alone entities. The boards of these regional Phoenix House affiliates became self-governing operating boards, all inter-company balances, as of the dissolution date, either settled in cash or were forgiven, and the Foundation will license the name and intellectual property ('IP') to each regional Phoenix House affiliate, at no cost. Following the dissolution, the Foundation discontinued holding any licenses for the delivery of programs." Note 1 of the Phoenix House Foundation fiscal 2020 consolidated audit also reports the existence of a "restructuring plan" for the organization and states: "Effective April 1, 2019, the Foundation is a stand-alone not-for-profit corporation." Prior to April 1, 2019, the affiliated organizations consolidated in the Phoenix House audited financial statements included: Phoenix Houses of New York and Affiliates; Phoenix Houses of California and Affiliates; Phoenix Houses of the Mid-Atlantic and Affiliates; Phoenix Houses of New England; Phoenix Houses of Texas; Phoenix Programs of Florida; American Council for Drug Education; Center on Addiction and the Family; and Phoenix Houses of New Jersey, according to Note 1 of the Phoenix House and Affiliates audited consolidated financial statements for the fiscal year ended June 30, 2018. Also according to Note 1 of the Phoenix House Foundation fiscal 2020 consolidated audit: "Effective March 2021, Phoenix House of Long Island Inc. ('PHLI') became the sole member of the Foundation." [Phoenix Houses of Long Island (tax ID #11-2307925) reported approximately $1.1 million in public cash contributions and approximately $25.8 million in total expenses, according to its IRS Form 990 tax filing for the fiscal year ended June 30, 2020 (its most current publicly available tax filing).] |