Mayer-phillips Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Mayer-phillips Foundation Inc is a 501(c)(3) organization based in Wilmington, Delaware, registered in 1991, with $715,109 in FY2024 revenue. CharityIndex grades it C+.
501 Silverside Rd Ste 123, Wilmington, DE, 19809 EIN 06-1331577 Since 1991
Revenue (FY2024)
$715K
▲ 9.6% vs prior year
Expenses (FY2024)
$538K
Net assets
$8.4M
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 Mayer-phillips 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 rating187 mo reserves · +25% 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 Mayer-phillips Foundation Inc: 187 mo reserves · +25% 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 Mayer-phillips 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 Mayer-phillips Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 501 Silverside Rd Ste 123, Wilmington, DE, 19809
- City
- Wilmington
- State
- Delaware
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $907K (FY2013) to $715K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $8.4M
Operating margin
24.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$8.4M
Total liabilities
$0
Net assets
$8.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $715,109▲9.6% | $537,500▲4.3% | $8,384,133▲2.2% | $8,384,133▲2.2% | 990PF |
| 2023 | $652,297▼1.6% | $515,328▲24.1% | $8,206,524▲1.7% | $8,206,524▲1.7% | 990PF |
| 2022 | $662,752▼34.9% | $415,339▼11.4% | $8,069,555▲3.2% | $8,069,555▲3.2% | 990PF |
| 2021 | $1,018,024▲48.3% | $468,907▼4.3% | $7,822,142▲7.6% | $7,822,142▲7.6% | 990PF |
| 2020 | $686,275▼16.2% | $489,887▲23.2% | $7,273,025▲2.8% | $7,273,025▲2.8% | 990PF |
| 2019 | $819,424▼30.0% | $397,660▼8.5% | $7,076,637▲6.3% | $7,076,637▲6.3% | 990PF |
| 2018 | $1,171,321▲149% | $434,717▲68.6% | $6,654,873▲12.4% | $6,654,873▲12.4% | 990PF |
| 2017 | $470,262▲162% | $257,868▲118% | $5,918,269▲3.7% | $5,918,269▲3.7% | 990PF |
| 2016 | $179,452▼71.2% | $118,366▼76.7% | $5,705,875▲1.1% | $5,705,875▲1.1% | 990PF |
| 2015 | $623,432▼35.2% | $507,162▲149% | $5,644,789▲2.1% | $5,644,789▲2.1% | 990PF |
| 2014 | $961,432▲6.1% | $203,694▲32.6% | $5,528,519▲15.9% | $5,528,519▲15.9% | 990PF |
| 2013 | $906,522 | $153,612▲27.8% | $4,770,781▲18.7% | $4,770,781▲18.7% | 990PF |
| 2012 | — | $120,171▼25.3% | $4,017,871▲16.8% | $4,017,871▲16.8% | 990PF |
| 2011 | — | $160,776▲68.6% | $3,439,089▲41.4% | $3,439,089▲41.4% | 990PF |
| 2010 | — | $95,385 | $2,432,049 | $2,432,049 | 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 Mayer-phillips Foundation Inc a legitimate nonprofit?
- Yes. Mayer-phillips Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 06-1331577, based in Wilmington, Delaware. Donations are tax-deductible.
- What is Mayer-phillips Foundation Inc's EIN?
- Mayer-phillips Foundation Inc's Employer Identification Number (EIN) is 06-1331577.
- How much revenue does Mayer-phillips Foundation Inc report?
- Mayer-phillips Foundation Inc reported $715,109 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Mayer-phillips Foundation Inc have?
- CharityIndex grades Mayer-phillips Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Mayer-phillips Foundation Inc (EIN 06-1331577) 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.