Thomas E & Marcia W Philips Family Foundation is a 501(c)(3) organization based in Naples, Florida, registered in 1990, with $294,459 in FY2025 revenue. CharityIndex grades it C+.
Revenue (FY2025)
$294K
▲ 2005.8% vs prior year
Expenses (FY2025)
$6,764
Net assets
$1.0M
Employees
—
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 Thomas E & Marcia W Philips Family Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Thomas E & Marcia W Philips Family Foundation: 1831 mo reserves · +98% margin earns a B+ on this criterion. See the exact thresholds →
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 Thomas E & Marcia W Philips Family Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Thomas E & Marcia W Philips Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $8,391 (FY2013) to $294K (FY2025) across 13 reported years.
Financial snapshot
Operating margin
97.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.0M
Total liabilities
$0
Net assets
$1.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $294,459▲2006% | $6,764▼79.4% | $1,031,998▲38.1% | $1,031,998▲38.1% | 990PF |
| 2024 | -$15,451▼103% | $32,792▼5.6% | $747,130▼6.1% | $747,130▼6.1% | 990PF |
| 2023 | $507,986▲4227% | $34,742▲146% | $795,373▲147% | $795,373▲147% | 990PF |
| 2022 | $11,739▼91.2% | $14,103▲87.2% | $322,129▲24.0% | $322,129▲24.0% | 990PF |
| 2021 | $133,986▲1276% | $7,532▲214% | $259,826▲94.8% | $259,826▲94.8% | 990PF |
| 2020 | $9,740▼0.2% | $2,400▼82.2% | $133,372▲5.8% | $133,372▲5.8% | 990PF |
| 2019 | $9,764▼70.2% | $13,484▲47.4% | $126,032▼2.9% | $126,032▼2.9% | 990PF |
| 2018 | $32,731▼64.2% | $9,150▼79.9% | $129,752▲22.2% | $129,752▲22.2% | 990PF |
| 2017 | $91,497▲415% | $45,572▲711% | $106,171▲76.2% | $106,171▲76.2% | 990PF |
| 2016 | $17,754▲105% | $5,622▼54.5% | $60,246▲25.2% | $60,246▲25.2% | 990PF |
| 2015 | $8,647▼6.3% | $12,353▼5.1% | $48,114▼7.2% | $48,114▼7.2% | 990PF |
| 2014 | $9,225▲9.9% | $13,014▲164% | $51,820▼6.8% | $51,820▼6.8% | 990PF |
| 2013 | $8,391 | $4,933▲9.1% | $55,609▲6.6% | $55,609▲6.6% | 990PF |
| 2012 | — | $4,522▼53.7% | $52,151▲4.7% | $52,151▲4.7% | 990PF |
| 2011 | — | $9,772▼5.1% | $49,821▼7.2% | $49,821▼7.2% | 990PF |
| 2010 | — | $10,301 | $53,701 | $53,701 | 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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Data for Thomas E & Marcia W Philips Family Foundation (EIN 23-6982149) 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.