Mitchell D Phaiah Foundation Inc
Only null% goes to programs Strong reserves
Mitchell D Phaiah Foundation Inc is a 501(c)(3) organization based in Putnam, Connecticut, registered in 2017, with $157,682 in FY2024 revenue. CharityIndex grades it D.
Po Box 379, Putnam, CT, 06260 EIN 47-3978418 Since 2017
Revenue (FY2024)
$158K
▲ 7.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$213K
Net assets
$3.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Mitchell D Phaiah 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 →
DFinancial health25% of the rating176 mo reserves · -35% 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 Mitchell D Phaiah Foundation Inc: 176 mo reserves · -35% margin earns a D 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 Mitchell D Phaiah 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 Mitchell D Phaiah Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 379, Putnam, CT, 06260
- City
- Putnam
- State
- Connecticut
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $220K (FY2017) to $158K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $3.1M
Operating margin
-35.2%
Spent more than it raised in the latest fiscal year.
Total assets
$3.1M
Total liabilities
$0
Net assets
$3.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $157,682▲7.9% | $213,122▼3.9% | $3,126,501▼1.2% | $3,126,501▼1.2% | 990PF |
| 2023 | $146,195▼1.5% | $221,661▼0.1% | $3,165,339▼1.8% | $3,165,339▼1.8% | 990PF |
| 2022 | $148,390▼2.2% | $221,825▼11.4% | $3,221,754▼2.6% | $3,221,754▼2.6% | 990PF |
| 2021 | $151,747▼5.2% | $250,428▼14.3% | $3,306,934▼4.1% | $3,306,934▼4.1% | 990PF |
| 2020 | $160,117▼13.2% | $292,340▲38.5% | $3,448,509▼4.8% | $3,448,509▼4.8% | 990PF |
| 2019 | $184,428▼2.5% | $211,011▼14.8% | $3,621,227▼3.8% | $3,621,227▼3.8% | 990PF |
| 2018 | $189,214▼13.9% | $247,765▼3.3% | $3,764,755▲1.8% | $3,764,755▼1.0% | 990PF |
| 2017 | $219,639 | $256,350 | $3,698,002 | $3,803,683 | 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.
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Frequently asked questions
- Is Mitchell D Phaiah Foundation Inc a legitimate nonprofit?
- Yes. Mitchell D Phaiah Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 47-3978418, based in Putnam, Connecticut. Donations are tax-deductible.
- What is Mitchell D Phaiah Foundation Inc's EIN?
- Mitchell D Phaiah Foundation Inc's Employer Identification Number (EIN) is 47-3978418.
- How much revenue does Mitchell D Phaiah Foundation Inc report?
- Mitchell D Phaiah Foundation Inc reported $157,682 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Mitchell D Phaiah Foundation Inc have?
- CharityIndex grades Mitchell D Phaiah Foundation Inc D, based on financial health (reserves and operating margin).
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Data for Mitchell D Phaiah Foundation Inc (EIN 47-3978418) 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.