Nonprofit screen
Screen a listPhit World Foundation Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(1)
$882krevenue
FY2024 · +65% in 3 yrs7 of 7years filed
’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−11.5%
Months of reserve5.8mo
Revenue growth (annualized)+47.8%
Middle half of peersMedianPhit World
Where the money goes FY2024 · $983k spent
Programs$880k90%Management and general$103k11%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 3 of the last 3 years
−$53k in FY2022, −$34k in FY2023 and −$102k in FY2024. Cash covers 5.8 months, under the peer median of 6.5.
990 Part I and balance sheetIn its favor2
Strong governance
10 of 11 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 48% a year since FY2018, in the top quarter of similar nonprofits.
990 Part I · peer cohort6funders
$267ka year, last 3 years
94%from its largest funder
Funder’19’20’21’22’23United States Tennis Association IncorporatedStopped after FY2020$25k$25k–Athletes Helping Athletes FoundationNew in FY2023$50kDonor-advised giftsDonors not disclosed$1.3M$250k$250k$250k$250k
FundedThrough a donor-advised fundStopped