Phoenix Multisport Inc

Nonprofit profile at a glance

EIN
204648043
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Denver, CO, USA
Phone
7204409175
Rating
76
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Alcohol, Drug Abuse, Prevention Only

Official website

Reported finances

Revenue
$23,059,622
Expenses
$21,610,737
Assets
$23,591,533
Liabilities
$4,669,142

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

20 people listed

Executive titles in this filing

  • SCOTT STRODE (PRESIDENT/EXECUTIVE DIRECTOR)
  • JACKI HILLIOS (DEPUTY EXECUTIVE DIRECTOR)

Highest reported compensation

  • SCOTT STRODE (PRESIDENT/EXECUTIVE DIRECTOR): $292,153 total reported compensation
  • ZACH SLOAN (CHIEF OPERATING OFFICER): $251,223 total reported compensation
  • JACKI HILLIOS (DEPUTY EXECUTIVE DIRECTOR): $220,673 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The phoenix's mission is to build a sober active community that fuels resilience and harnesses the transformational power of connection so that together we rise, recover, and live.continued on schedule othe phoenix hosts hundreds of weekly sober events, including activities like yoga, book clubs, fitness classes, music events, and more, creating safe and inclusive spaces where individuals can connect, build friendships, find support, and thrive. Our community is accessible both in-person and on-line through our digital platform, ensuring that anyone, anywhere, at any time, has access to a supportive network that empowers them to rise, recover and live.

What it reported doing in 2024

Phoenix multisport, inc. (dba the phoenix) is a nonprofit organization dedicated to transforming lives impacted by substance use. By harnessing the power of social connection and meaningful activities, the phoenix offers a diverse range of free, volunteer-led events designed to foster community and support recovery. In 2024, the phoenix continued its rapid growth, welcoming more than 320,000 new members and bringing total membership to nearly 700,000 nationwide. This expansion reflects the organization's ongoing investment in technology, outreach, and volunteer engagement efforts that make it easier than ever for individuals to find belonging and support on their recovery journeys. Our mobile app continues to play a key role, connecting members to in-person and virtual programming that meets them wherever they are. In 2024, our volunteers led nearly 30,000 sober phoenix events across the country, ensuring broad access to life-changing programs and empowering members to give back through leadership and service. This growing, volunteer-driven movement is at the heart of the phoenix's mission to make a sober, healthy life not only possible but accessible to anyone seeking it. At the phoenix, it's just a click away.

Operating model

Revenue model
Donor-supported. 84% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 81
  • Accountability: 90
  • Sustainability: 49
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 66.7%; rating input score 67
  • Program expense ratio: 71%; rating input score 71
  • Fundraising efficiency: $12.73 raised per $1 spent on fundraising; rating input score 45; 45th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.4%; rating input score 94; 22nd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 90.9%; rating input score 91; 23rd percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 6.3%; rating input score 58; 58th percentile among comparable filings
  • Total-asset coverage ratio: 1.09; rating input score 39; 39th percentile among comparable filings
  • Liabilities to assets ratio: 0.2; rating input score 59; 59th percentile among comparable filings
  • Officer compensation ratio: 8.4%; rating input score 27; 27th percentile among comparable filings

Growth

  • Program expense growth: 25% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 22% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: 20.4% per year; rating input score 100; 90th percentile among comparable filings

Details

  • Where the money goes: 66.7% of revenue deployed · 71% of spending went to programs
  • Governance: 10 of 11 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $15.3M in reported program spending
  • Leadership: top reported pay $292K · 20 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $3.6M reported
  • Consistency: 35 of 36 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes major donors and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 10 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 45/100.
  • Review — Sustainability: Operating margin scored 58/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 27/100.
  • Review — Sustainability: Liabilities to assets ratio scored 59/100.