Philip B Downing Account
501(c)(92)
Only null% goes to programs Strong reserves Declining revenue
Philip B Downing Account is a 501(c)(92) organization based in Dallas, Texas, with $37,236 in FY2024 revenue. CharityIndex grades it C+.
Po Box 653067, Dallas, TX, 75265 EIN 04-6009138
Revenue (FY2024)
$37K
▲ 143.7% vs prior year
Expenses (FY2024)
$30K
Net assets
$375K
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 Philip B Downing Account— 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 rating150 mo reserves · +20% 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 Philip B Downing Account: 150 mo reserves · +20% 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 Philip B Downing Account— 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 Philip B Downing Account: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $15K (FY2014) to $37K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $375K
Operating margin
19.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$375K
Total liabilities
$0
Net assets
$375K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $37,236▲144% | $29,970▲13.2% | $375,144▲2.5% | $375,144▲2.5% | 990PF |
| 2023 | $15,281▲5932% | $26,479▲14.0% | $366,092▲0.3% | $366,092▲0.3% | 990PF |
| 2022 | -$262▼100% | $23,221▼24.5% | $365,095▼4.1% | $365,095▼4.1% | 990PF |
| 2021 | $71,364▲152% | $30,761▲17.7% | $380,895▼5.7% | $380,895▼5.7% | 990PF |
| 2020 | $28,301▼14.0% | $26,138▲14.0% | $403,809▲14.8% | $403,809▲14.8% | 990PF |
| 2019 | $32,906▲57.2% | $22,924▲3.2% | $351,879▲4.0% | $351,879▲4.0% | 990PF |
| 2016 | $20,928▲40.0% | $22,206▼6.8% | $338,387▼3.3% | $338,387▼3.3% | 990PF |
| 2014 | $14,946 | $23,832 | $350,062 | $350,062 | 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 Philip B Downing Account a legitimate nonprofit?
- Yes. Philip B Downing Account is a 501(c)(92) organization registered with the U.S. Internal Revenue Service under EIN 04-6009138, based in Dallas, Texas.
- What is Philip B Downing Account's EIN?
- Philip B Downing Account's Employer Identification Number (EIN) is 04-6009138.
- How much revenue does Philip B Downing Account report?
- Philip B Downing Account reported $37,236 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Philip B Downing Account have?
- CharityIndex grades Philip B Downing Account C+, based on financial health (reserves and operating margin).
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Data for Philip B Downing Account (EIN 04-6009138) 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.