Phoenix Productions Inc
Nonprofit profile at a glance
- EIN
- 521569717
- IRS 990-EZ coverage
- 2022–2022
- Forms available
- Form 990 2021, Form 990-EZ 2022
- Location
- Red Bank, NJ, USA
- Phone
- 7327470014
- Rating
- 59
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Theater
Reported finances
- Revenue
- $101,243
- Expenses
- $63,492
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- ADAM PHILIPSON (CHIEF EXECUTIVE OFFICER)
People named in this filing
- JUSTINE COLEMAN (TRUSTEE)
- JERRY CONATY (TREASURER)
- SOVONNA DAY-GOINS (CO-CHAIRPERSON)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Community theatre organization committed to a well-defined mission: to provide quality theatrical experiences to our constituents on both sides of the footlights.
What it reported doing in 2022
Presentation of theatrical experiences.
Operating model
- Revenue model
- Donor-supported. 67% 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.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 32
- Transparency & Controls: 100
- Sustainability: 49
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 26.5%; rating input score 26
- Program expense ratio: 42.2%; rating input score 42
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 37.3%; rating input score 87; 87th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 64; 64th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -3% per year; rating input score 0; 15th percentile among comparable filings
- Asset growth: 5.8% per year; rating input score 100; 45th percentile among comparable filings
Details
- Where the money goes: 26.5% of revenue deployed · 42.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $27K in reported program spending
- Leadership: top reported pay $0 · 14 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 4 filed schedules
- Contacts: How to reach this organization
- 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.
- High — Financial Efficiency: Mission deployment rate scored 26/100.
- Moderate — Financial Efficiency: Program expense ratio scored 42/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.