Leonard W & Betty Phillips Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Leonard W & Betty Phillips Foundation is a 501(c)(3) organization based in Shreveport, Louisiana, registered in 1960, with $177,822 in FY2024 revenue. CharityIndex grades it C+.
Po Box 70, Shreveport, LA, 71161 EIN 72-6017594 Since 1960
Revenue (FY2024)
$178K
▲ 71.1% vs prior year
Expenses (FY2024)
$89K
Net assets
$1.6M
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 Leonard W & Betty Phillips Foundation— 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 rating210 mo reserves · +50% 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 Leonard W & Betty Phillips Foundation: 210 mo reserves · +50% 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 Leonard W & Betty Phillips Foundation— 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 Leonard W & Betty Phillips Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 70, Shreveport, LA, 71161
- City
- Shreveport
- State
- Louisiana
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $138K (FY2013) to $178K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.6M
Operating margin
50.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.6M
Total liabilities
$0
Net assets
$1.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $177,822▲71.1% | $88,673▲17.5% | $1,552,548▲6.1% | $1,552,548▲6.1% | 990PF |
| 2023 | $103,916▲118% | $75,474▼33.6% | $1,462,997▲2.0% | $1,462,997▲2.0% | 990PF |
| 2022 | $47,704▼76.9% | $113,710▲39.0% | $1,434,202▼4.3% | $1,434,202▼4.3% | 990PF |
| 2021 | $206,451▲101% | $81,777▼5.3% | $1,499,247▲9.2% | $1,499,247▲9.2% | 990PF |
| 2020 | $102,757▲7.1% | $86,379▲0.7% | $1,372,948▲1.3% | $1,372,948▲1.3% | 990PF |
| 2019 | $95,942▲16.7% | $85,751▲4.8% | $1,355,864▲0.8% | $1,355,864▲0.8% | 990PF |
| 2018 | $82,246▲13.1% | $81,807▲3.5% | $1,345,270▲0.4% | $1,345,270▲0.4% | 990PF |
| 2017 | $72,698▲19.1% | $79,010▼0.3% | $1,340,534▼0.4% | $1,340,534▼0.4% | 990PF |
| 2016 | $61,036▼45.8% | $79,247▲16.3% | $1,346,138▼1.3% | $1,346,138▼1.3% | 990PF |
| 2015 | $112,595▼11.3% | $68,125▼43.7% | $1,363,591▲3.4% | $1,363,591▲3.4% | 990PF |
| 2014 | $126,966▼7.9% | $120,970▲75.8% | $1,318,446▲0.5% | $1,318,446▲0.5% | 990PF |
| 2013 | $137,849 | $68,798▼10.2% | $1,311,260▲5.7% | $1,311,260▲5.7% | 990PF |
| 2012 | — | $76,574▲7.4% | $1,240,550▲9.3% | $1,240,550▲9.3% | 990PF |
| 2011 | — | $71,266▲1.5% | $1,135,492▲0.2% | $1,135,492▲0.2% | 990PF |
| 2010 | — | $70,241 | $1,133,420 | $1,133,420 | 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 Leonard W & Betty Phillips Foundation a legitimate nonprofit?
- Yes. Leonard W & Betty Phillips Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 72-6017594, based in Shreveport, Louisiana. Donations are tax-deductible.
- What is Leonard W & Betty Phillips Foundation's EIN?
- Leonard W & Betty Phillips Foundation's Employer Identification Number (EIN) is 72-6017594.
- How much revenue does Leonard W & Betty Phillips Foundation report?
- Leonard W & Betty Phillips Foundation reported $177,822 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Leonard W & Betty Phillips Foundation have?
- CharityIndex grades Leonard W & Betty Phillips Foundation C+, based on financial health (reserves and operating margin).
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Data for Leonard W & Betty Phillips Foundation (EIN 72-6017594) 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.