Phoenix Zones Initiative
- Assets
- $224.8k
- Revenue
- $168.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Albuquerque, NM
- Founding
- 12/2019
- Data as of
- 12/2023
- EIN
- 84-2337171
Organization Overview
Phoenix Zones Initiative is located in Albuquerque, NM. The organization was established in 2019. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Phoenix Zones Initiative 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 12/2023, Phoenix Zones Initiative generated $168.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $163.8k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PHOENIX ZONES INITIATIVE PROVIDES A PLATFORM FOR THE ADVANCEMENT OF THE RIGHTS, HEALTH, AND WELLBEING OF PEOPLE AND ANIMALS. THE ORGANIZATION SUPPORTS RESEARCH, EDUCATION, AND COLLABORATION TO PROMOTE IMPROVEMENTS IN THE TREATMENT, HEALTH, AND WELLBEING OF PEOPLE AND ANIMALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION AND OUTREACH: PHOENIX ZONES INITIATIVE PROVIDES EDUCATIONALRESOURCES FOR MEMBERS OF THE PUBLIC ON ISSUES INCLUDING CHILD PROTECTION,ANIMAL PROTECTION, AND THE LINKS BETWEEN THE RIGHTS, HEALTH, AND WELLBEINGOF VULNERABLE PEOPLE, ANIMALS, AND THE PLANET. PHOENIX ZONES INITIATIVEALSO PARTNERS WITH INDIVIDUALS AND ORGANIZATIONS ACROSS SECTORS INCLUDINGMEDICINE, PUBLIC HEALTH, THE SCIENCES, LAW, INTERNATIONAL AFFAIRS, MEDIA,AND EDUCATION TO PROMOTE GREATER PUBLIC ENGAGEMENT AROUND THE CONNECTIONSBETWEEN THE RIGHTS, HEALTH, AND WELLBEING OF PEOPLE, ANIMALS, AND THEPLANET.
POLICY AND ADVOCACY: PHOENIX ZONES INITIATIVE PROVIDES A PLATFORM FOR THEADVANCEMENT OF PUBLIC AND INSTITUTIONAL POLICIES AND PRACTICES THAT ARESOCIALLY, ENVIRONMENTALLY, AND ECONOMICALLY JUST.
RESEARCH AND EVALUATION: PHOENIX ZONES INITIATIVE CONDUCTS RESEARCH ANDEVALUATION ACTIVITIES TO IDENTIFY COMPREHENSIVE SOLUTIONS THAT PROMOTEIMPROVEMENTS IN THE INTERCONNECTED TREATMENT, HEALTH, AND WELLBEING OFPEOPLE AND ANIMALS IN SOCIETY. PHOENIX ZONES INITIATIVES RESEARCHACTIVITIES PRIORITIZE EVIDENCE-BASED INTERVENTIONS THAT PROTECT VULNERABLEPOPULATIONS, INCLUDING CHILDREN AND ANIMALS, THROUGH CHANGES IN PUBLICPOLICY, ECONOMIC POLICY, AND COMMUNITY-BASED REFORMS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Gluck Director | Trustee | 1 | $0 |
Sonia Silva Treasurer | OfficerTrustee | 2 | $0 |
Kavita Rajasekhar Secretary | OfficerTrustee | 2 | $0 |
Hope Ferdowsian President & CEO | OfficerTrustee | 70 | $0 |
Nikhil Kulkarni Vice President | OfficerTrustee | 5 | $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 | $168,185 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $168,185 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $168,185 |
| 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 | $25,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,445 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,343 |
| Fees for services: Lobbying | $578 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $114,992 |
| Advertising and promotion | $447 |
| Office expenses | $0 |
| Information technology | $5,567 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,015 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,312 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,828 |
| All other expenses | $0 |
| Total functional expenses | $163,769 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $224,750 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $224,750 |
| Accounts payable and accrued expenses | $320 |
| 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 | $1,708 |
| Total liabilities | $2,028 |
| Net assets without donor restrictions | $195,589 |
| Net assets with donor restrictions | $27,133 |
| 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 | $224,750 |