Phoenix Next Dayton Inc
- Assets
- $7.4m
- Revenue
- $5.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Dayton, OH
- Founding
- Data as of
- 12/2022
- EIN
- 87-1164650
Organization Overview
Phoenix Next Dayton Inc is located in Dayton, OH. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, 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 Next Dayton 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, Phoenix Next Dayton Inc generated $5.4m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 55.8% each year . All expenses for the organization totaled $5.4m during the year ending 12/2022. While expenses have increased by 55.8% per year over the past 2 years. They've been increasing with an increasing level of total revenue. 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
PROMOTE CHARITABLE ECONOMIC DEVELOPMENT IN THE PHOENIX PROJECT AREA
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRIMARY EXEMPT PURPOSE OF PHOENIX NEXT DAYTON, INC. IS TO PROMOTE CHARITABLE ECONOMIC DEVELOPMENT IN THE PHOENIX PROJECT AREA TO STABILIZE, REVITALIZE AND ENHANCE THE IMAGE OF THE AREA, PROMOTE HEALTHY LIVING, DRIVE ECONOMIC VITALITY, SUPPORT NEXT GENERATION LEARNING, AND CREATE JOBS, ALL IN A MANNER THAT PROMOTES PUBLIC SAFETY, HEALTH, AND EDUCATION CONSISTENT WITH THE CHARITABLE MISSION OF MIAMI VALLEY HOSPITAL AND THE PUBLIC PURPOSES OF THE CITY OF DAYTON.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eloise Broner Chairman Of The Board | Trustee | 0.5 | $0 |
Patrick Ray Director | Trustee | 0.5 | $0 |
Shelley Dickstein Director | Trustee | 0.5 | $0 |
Todd Kinskey Director | Trustee | 0.5 | $0 |
Belinda Mathews Stenson Director | Trustee | 0.5 | $0 |
Mary Tyler Director | Trustee | 0.5 | $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 | $5,373,094 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,373,094 |
| 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 | $5,373,094 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,073,207 |
| 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 | $125,000 |
| Fees for services: Legal | $54,526 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,509 |
| 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 | $0 |
| Insurance | $1,275 |
| All other expenses | $36,208 |
| Total functional expenses | $5,373,094 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $6,801,882 |
| Accounts receivable, net | $612,772 |
| 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 | $7,414,654 |
| 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 | $7,414,654 |
| Total liabilities | $7,414,654 |
| Net assets without donor restrictions | $0 |
| 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 | $7,414,654 |
Grants Awarded
Over the last fiscal year, Phoenix Next Dayton Inc has awarded $5,048,207 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
YMCA OF GREATER DAYTON PURPOSE: TO ASSIST IN THE PHOENIX NEXT PROJECT AREA IN THE CITY OF DAYTON | $4,584,332 |
CITY OF DAYTON PURPOSE: TO ASSIST IN PAYING FOR THE PARAMEDIC AND POLICING ACTIVITY WITHIN THE PHOENIX PROJECT AREA LOCATED IN THE CITY OF DAYTON. | $463,875 |