Philip E Potter Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Philip E Potter Foundation is a 501(c)(3) organization based in Oneonta, New York, registered in 1974, with $670,360 in FY2024 revenue. CharityIndex grades it D.
6 Ford Ave, Oneonta, NY, 13820 EIN 16-6169167 Since 1974
Revenue (FY2024)
$670K
▼ 50.1% vs prior year
Expenses (FY2024)
$983K
Net assets
$6.0M
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 Philip E Potter Foundation— 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 rating74 mo reserves · -47% 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 E Potter Foundation: 74 mo reserves · -47% 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 Philip E Potter Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 E Potter Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $410K (FY2013) to $670K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $382KNet assets $6.0M
Operating margin
-46.6%
Spent more than it raised in the latest fiscal year.
Total assets
$6.4M
Total liabilities
$382K
Net assets
$6.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $670,360▼50.1% | $982,900▲6.2% | $6,039,350▼4.9% | $6,421,600▼4.4% | 990PF |
| 2023 | $1,343,335▲94.7% | $925,466▲5.1% | $6,351,890▲7.0% | $6,716,890▲7.1% | 990PF |
| 2022 | $689,799▼67.6% | $880,697▲5.2% | $5,934,021▼3.1% | $6,274,271▼2.8% | 990PF |
| 2021 | $2,129,077▲447% | $837,098▼2.8% | $6,124,919▲26.7% | $6,456,419▲24.9% | 990PF |
| 2020 | $389,335▼19.6% | $860,867▲4.3% | $4,832,940▼8.7% | $5,169,440▼7.7% | 990PF |
| 2019 | $484,132▼13.5% | $825,203▼0.6% | $5,291,097▼6.1% | $5,602,347▼5.9% | 990PF |
| 2018 | $559,845▼21.9% | $830,296▲11.3% | $5,632,168▼4.6% | $5,951,418▼3.8% | 990PF |
| 2017 | $716,439▲40.0% | $745,934▲13.8% | $5,902,619▼0.5% | $6,189,619▲0.2% | 990PF |
| 2016 | $511,861▲21.2% | $655,405▲8.3% | $5,933,364▼2.3% | $6,177,989▼1.8% | 990PF |
| 2015 | $422,345▼34.5% | $605,419▲0.6% | $6,074,908▼2.9% | $6,288,533▼2.8% | 990PF |
| 2014 | $645,024▲57.3% | $602,060▲13.1% | $6,256,482▲0.7% | $6,470,482▲1.2% | 990PF |
| 2013 | $410,006 | $532,558 | $6,212,768 | $6,394,518 | 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 E Potter Foundation a legitimate nonprofit?
- Yes. Philip E Potter Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 16-6169167, based in Oneonta, New York. Donations are tax-deductible.
- What is Philip E Potter Foundation's EIN?
- Philip E Potter Foundation's Employer Identification Number (EIN) is 16-6169167.
- How much revenue does Philip E Potter Foundation report?
- Philip E Potter Foundation reported $670,360 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Philip E Potter Foundation have?
- CharityIndex grades Philip E Potter Foundation D, based on financial health (reserves and operating margin).
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Data for Philip E Potter Foundation (EIN 16-6169167) 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.