L E Phillips Family Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
L E Phillips Family Foundation Inc is a 501(c)(3) organization based in Eau Claire, Wisconsin, registered in 1959, with $5,336,282 in FY2024 revenue. CharityIndex grades it C+.
3925 N Hastings Way, Eau Claire, WI, 54703 EIN 39-6046126 Since 1959
Revenue (FY2024)
$5.3M
▼ 4.3% vs prior year
Expenses (FY2024)
$5.8M
Net assets
$40.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for L E Phillips Family Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating83 mo reserves · -10% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For L E Phillips Family Foundation Inc: 83 mo reserves · -10% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for L E Phillips Family Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For L E Phillips Family Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 3925 N Hastings Way, Eau Claire, WI, 54703
- City
- Eau Claire
- State
- Wisconsin
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $3.6M (FY2020) to $5.3M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities -$5,875Net assets $40.4M
Operating margin
-9.5%
Spent more than it raised in the latest fiscal year.
Total assets
$40.4M
Total liabilities
-$5,875
Net assets
$40.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $5,336,282▼4.3% | $5,843,746▼2.1% | $40,410,486▼1.2% | $40,404,611▼1.3% | 990PF |
| 2023 | $5,577,812▲25.9% | $5,967,706▼0.6% | $40,917,950▼0.9% | $40,918,420▼0.9% | 990PF |
| 2022 | $4,429,301▲25.4% | $6,003,430▲11.3% | $41,307,844▼3.7% | $41,310,448▼3.7% | 990PF |
| 2021 | $3,532,510▼2.5% | $5,395,103▼0.9% | $42,881,973▼4.2% | $42,881,973▼4.2% | 990PF |
| 2020 | $3,624,852 | $5,442,069 | $44,744,566 | $44,744,566 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is L E Phillips Family Foundation Inc a legitimate nonprofit?
- Yes. L E Phillips Family Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 39-6046126, based in Eau Claire, Wisconsin. Donations are tax-deductible.
- What is L E Phillips Family Foundation Inc's EIN?
- L E Phillips Family Foundation Inc's Employer Identification Number (EIN) is 39-6046126.
- How much revenue does L E Phillips Family Foundation Inc report?
- L E Phillips Family Foundation Inc reported $5,336,282 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does L E Phillips Family Foundation Inc have?
- CharityIndex grades L E Phillips Family Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for L E Phillips Family Foundation Inc (EIN 39-6046126) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.