TPhilanthropy, Voluntarism & GrantmakingEIN: 202041201· Ruling Year: 2005

The Edward J Phillips Family Foundation

Wayzata, Minnesota

BHealth Score
61B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org18.96×
Peer Median18.82×
💰
$807K
Total Revenue
📊
$1.3M
Total Expenses
🏦
$24.3M
Net Assets
📋
$1
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-58.6%
Year-over-year change (2022 → 2023)
Net Margin
-58.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
18.96
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$807,23059%$1,282,81213%$24,316,9861%
2022$1,948,24620%$1,133,74829%$24,486,0711%
2021$2,438,61312%$1,601,08854%$24,165,6664%
2020$2,168,10563%$1,041,54721%$23,165,7456%
2019$1,332,24243%$1,310,18724%$21,765,8559%
2015$929,72416%$1,729,80021%$23,880,6153%
2014$799,75542%$2,182,19728%$24,624,6091%
2013$1,383,267103%$1,709,77514%$24,864,8062%
2012$680,71994%$1,502,9685%$25,288,8503%
2011$11,220,420$1,577,862$26,052,183

Frequently Asked Questions

What does The Edward J Phillips Family Foundation do?

The Edward J Phillips Family Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Minnesota. It is classified under NTEE code T22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is The Edward J Phillips Family Foundation financially healthy?

Based on our 9-metric Financial Health Score model, The Edward J Phillips Family Foundation has a score of 61/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does The Edward J Phillips Family Foundation generate?

Revenue data for The Edward J Phillips Family Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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