Third Phase Inc
- Assets
- $567.9k
- Revenue
- $181.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Noblesville, IN
- Founding
- 02/1981
- Data as of
- 12/2022
- EIN
- 31-1001890
Organization Overview
Third Phase Inc is located in Noblesville, IN. The organization was established in 1981. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Third Phase 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 12/2022, Third Phase Inc generated $181.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $135.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES AID TO TROUBLED YOUNG WOMEN. THIRD PHASE, INC. SERVED APPROXIMATELY 186,236 PATRONS DURING THE ACCOUNTING PERIOD ENDING 12/31/2022. THE PATRONS WERE PROVIDED FOOD, SHELTER, COUNSELING AND ACADEMIC EDUCATION. ALL ACTIVITY IS UNRESTRICTED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIRD PHASE INC. IS A LIVE-IN PROGRAM FOR WOMEN OVER THE AGE OF 18 WHO ARE STRUGGLING WITH DRUG AND ALCOHOL ABUSE AND/OR WHO HAVE BEEN PHYSICALLY OR SEXUALLY ABUSED. THEY ARE PROVIDED WITH A PLACE TO LIVE, STUDY AND WORK AS A FAMILY UNIT. OVER 9,722 WOMEN HAVE GRADUATED FROM THE PROGRAM AND OVER 80% ARE NOW LIVING PRODUCTIVE LIVES.
THIRD PHASE INC. PROVIDES EMERGENCY SHELTER TO INDIVIDUALS AND FAMILIES WHO DO NOT HAVE A PLACE TO STAY. REFERRALS ARE MADE THROUGH THE FIRE DEPARTMENT, RED CROSS, HAMILTON COUNTY TOWNSHIP TRUSTEE AND RELIGIOUS ORGANIZATIONS. THERE IS ALSO A FOOD PANTRY WHICH IS SUPPORTED BY GLEANER'S FOOD BANK AND PROVIDES FOOD ITEMS TO THOSE IN NEED OF ASSISTANCE. IN ADDITION TO FOOD, THEY MAY ALSO BE PROVIDED WITH HOUSEHOLD ITEMS, FURNITURE, TOYS AND CLOTHING FROM OUR ONSITE THRIFT STORE.
THIRD PHASE INC. PROVIDES A PLACE FOR MEETINGS, SEMINARS AND RETREATS FOR COMMUNITY INDIVIDUALS AND ORGANIZATIONS. AS PART OF THEIR COMMUNITY SERVICE, THE THIRD PHASE STAFF PROVIDE SPEAKING ENGAGEMENTS TO SCHOOLS AND CIVIC GROUPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director | Trustee | 60 | $40,000 |
Name Not Listed Treasurer | Officer | 10 | $0 |
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 | $181,815 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $181,815 |
| Total Program Service Revenue | $0 |
| Investment income | $32 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $181,847 |
| 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. | $32,758 |
| 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 | $10,104 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $265 |
| 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 | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,749 |
| Insurance | $11,804 |
| All other expenses | $53,367 |
| Total functional expenses | $135,545 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $166,300 |
| Savings and temporary cash investments | $159,547 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $242,073 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $567,920 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $567,920 |
| Net assets with donor restrictions | $0 |
| 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 | $567,920 |