Phoenix Zones Initiative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 256,439 | 134,535 | 121,904 | 11.9 | 0% |
| 2021 | 252,110 | 238,718 | 13,392 | 7.4 | 0% |
| 2022 | 240,091 | 168,894 | 71,197 | 15.5 | 0% |
| 2023 | 168,185 | 163,769 | 4,416 | 16.3 | 15% |
In its most recent public year (2023), this organization brought in $4,416 more than it spent. Its reserves stood at about 16.3 months of spending, up from 11.9 in 2020. Staff pay was 15% of spending. $27,133 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Phoenix Zones Initiative's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works