Phoenix House Foundation Inc
- Assets
- $12.8m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Long Island City, NY
- Founding
- 09/1968
- Data as of
- 06/2021
- EIN
- 23-7013149
Organization Overview
Phoenix House Foundation Inc is located in Long Island City, NY. The organization was established in 1968. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Phoenix House Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Phoenix House Foundation Inc generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (41.1%) each year. All expenses for the organization totaled $5.4m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE ARE PASSIONATE ABOUT HEALING INDIVIDUALS, FAMILIES AND COMMUNITIES CHALLENGED BY SUBSTANCE USE DISORDERS AND RELATED MENTAL HEALTH CONDITIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PHOENIX HOUSE FOUNDATION PROVIDES ADMINISTRATIVE SERVICES TO ITS OPERATING AFFILIATES IN TEN STATES. THESE SERVICES ENABLE PHOENIX HOUSE FOUNDATION TOGETHER WITH ITS AFFILIATES TO ACHIEVE ITS MISSION RESULTS BY OPERATING APPROXIMATELY 114 TREATMENT PROGRAMS ACROSS TEN STATES PLUS THE DISTRICT OF COLUMBIA, SERVING MORE THAN 13,000 MEN, WOMEN, AND ADOLESCENTS, SAFEGUARDING YOUTH, STRENGTHENING FAMILIES AND ENABLING THOSE TRAPPED IN DEPENDENCY TO CONFRONT ADDICTION AND TO ACHIEVE AND SUSTAIN RECOVERY. THESE EXPENSES ARE ASSOCIATED WITH SUPPORT SERVICES FOR TREATMENT, HEALTHCARE, EDUCATIONAL AND RESEARCH ACTIVITIES. PHOENIX HOUSE FOUNDATION PROVIDED THESE ADMINISTRATIVE SERVICES UNTIL THE 3/31 DISSOLUTION OF THE SOLE MEMBER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Jasper Chair | OfficerTrustee | 1 | $0 |
Mark G White President | OfficerTrustee | 1 | $0 |
Susan Shubitowski Secretary | OfficerTrustee | 1 | $0 |
William Rifkin Director | Trustee | 1 | $0 |
Robert Howe Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Grant Thorton Llp Accounting Services | 6/29/19 | $501,605 |
Bdo Llp Accounting Services | 6/29/19 | $2,417,486 |
Cyrusone Llc It Services | 6/29/19 | $252,156 |
Bdo Llp Accounting Services | 6/29/19 | $2,417,486 |
Charles M Trunz Iii Consulting Services | 6/29/19 | $231,959 |
Grant Thorton Llp Accounting Services | 6/29/19 | $501,605 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,407 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,407 |
| Total Program Service Revenue | $0 |
| Investment income | $43,334 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $809,583 |
| Net Gain/Loss on Asset Sales | $71,770 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,726,522 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $55,400 |
| Fees for services: Legal | $29,425 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $50,344 |
| Fees for services: Other | $212,884 |
| Advertising and promotion | $0 |
| Office expenses | $19,744 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,305,227 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,951,162 |
| Insurance | $497,504 |
| All other expenses | $0 |
| Total functional expenses | $5,412,754 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,034,519 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $185,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $496,423 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $351,119 |
| Net Land, buildings, and equipment | $3,210,729 |
| Investments—publicly traded securities | $3,876,426 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,614,800 |
| Total assets | $12,769,016 |
| Accounts payable and accrued expenses | $132,448 |
| Grants payable | $0 |
| Deferred revenue | $496,423 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $48,340 |
| Unsecured mortgages and notes payable | $18,290,000 |
| Other liabilities | $0 |
| Total liabilities | $18,967,211 |
| Net assets without donor restrictions | -$11,261,257 |
| Net assets with donor restrictions | $5,063,062 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $12,769,016 |
Grants Awarded
Over the last fiscal year, Phoenix House Foundation Inc has awarded $8,825,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Brentwood, NY PURPOSE: Support SA prevention & treatment | $5,300,000 |
Brentwood, NY PURPOSE: Support SA prevention & treatment | $3,525,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Phoenix House Foundation Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Goldman Sachs Charitable Gift Fund New York, NY PURPOSE: COMMUNITY OUTREACH & ENRICHMENT PROGRAMS | $20,000 |
Endowment Analysis
| Beg. Balance | $3,516,738 |
| Earnings | $1,186,846 |
| Ending Balance | $4,703,584 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Firetree Ltd Williamsport, PA | $43,848,366 | $18,939,182 |
Pmhcc Ctt Inc Philadelphia, PA | $6,449,646 | $14,623,846 |
Alcoholics Anonymous World Services Inc New York, NY | $9,187,849 | $12,110,846 |
Drug Policy Alliance New York, NY | $19,876,966 | $12,568,964 |
Avidd Community Services Of New Jersey Inc Denville, NJ | $11,384,641 | $12,244,452 |
Family Counseling Services Of Cortland County Inc Cortland, NY | $8,601,353 | $9,910,366 |
Gaudenzia Drc Inc Philadelphia, PA | $2,804,260 | $7,764,450 |
Bucks County Drug And Alcohol Commission Inc Doylestown, PA | $2,860,388 | $9,030,569 |
Genesee Council On Alcoholism And Substance Abuse Inc Batavia, NY | $10,524,797 | $10,751,551 |
After Hours Project Inc Brooklyn, NY | $4,919,175 | $8,946,621 |
New Choices Recovery Center Schenectady, NY | $10,786,297 | $8,035,801 |
Council On Chemical Abuse Inc Reading, PA | $3,455,202 | $7,706,067 |