Civic Intelligence

The Phelan Foundation

EIN 11-3531781 • New York, NY

419 Park Avenue So 7th FloorNew York, NY 10016
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

66th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

<$500k nonprofits • Source year 2023

Net Margin

2nd percentile

-3747%

Higher net margin than 2% of similar nonprofits.

<$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

<$500k nonprofits • Source year 2023

Asset Growth

12th percentile

-100%

Faster asset growth than 12% of similar nonprofits.

<$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

11th percentile

-74%

Faster revenue growth than 11% of similar nonprofits.

<$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$0

Down $1,093,751 (-100%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Down

$0

Down $1,093,751 (-100%) from 2022

Revenue

Down

$29,191

Down $85,105 (-74%) from 2022

Expenses

Up

$1,122,942

Up $1,103,012 (+5534%) from 2022

Net Income

Down

-$1,093,751

Down $1,188,117 (-1259%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2010: $542Liabilities 2010: $0Net Assets 2010: $5422010Assets 2011: $6,690Liabilities 2011: $0Net Assets 2011: $6,6902011Assets 2012: $11,784Liabilities 2012: $0Net Assets 2012: $11,7842012Assets 2013: $201,829Liabilities 2013: $0Net Assets 2013: $201,8292013Assets 2014: $6,086Liabilities 2014: $0Net Assets 2014: $6,0862014Assets 2015: $33,774Liabilities 2015: $0Net Assets 2015: $33,7742015Assets 2016: $521,472Liabilities 2016: $0Net Assets 2016: $521,4722016Assets 2017: $524,680Liabilities 2017: $0Net Assets 2017: $524,6802017Assets 2018: $336,143Liabilities 2018: $0Net Assets 2018: $336,1432018Assets 2019: $132,289Liabilities 2019: $0Net Assets 2019: $132,2892019Assets 2020: $20,078Liabilities 2020: $0Net Assets 2020: $20,0782020Assets 2021: $999,385Liabilities 2021: $0Net Assets 2021: $999,3852021Assets 2022: $1,093,751Liabilities 2022: $0Net Assets 2022: $1,093,7512022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2010: $212,6022010Expenses 2011: $208,8542011Expenses 2012: $209,9082012Revenue 2013: $690,003Expenses 2013: $499,958Net Income 2013: $190,0452013Revenue 2014: $405,658Expenses 2014: $601,401Net Income 2014: -$195,7432014Revenue 2015: $142,501Expenses 2015: $114,813Net Income 2015: $27,6882015Revenue 2016: $700,030Expenses 2016: $212,332Net Income 2016: $487,6982016Revenue 2017: $122,270Expenses 2017: $119,062Net Income 2017: $3,2082017Revenue 2018: $1,320Expenses 2018: $189,857Net Income 2018: -$188,5372018Revenue 2019: $558Expenses 2019: $204,412Net Income 2019: -$203,8542019Revenue 2020: $13Expenses 2020: $112,224Net Income 2020: -$112,2112020Revenue 2021: $995,088Expenses 2021: $15,781Net Income 2021: $979,3072021Revenue 2022: $114,296Expenses 2022: $19,930Net Income 2022: $94,3662022Revenue 2023: $29,191Expenses 2023: $1,122,942Net Income 2023: -$1,093,7512023

Highlighted filing

2023

Revenue$29,191
Expenses$1,122,942
Net Income-$1,093,751

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.03$1.12$1.09
2022Detailed filing. Detailed filing data is available for this year.$1.09$0.00$1.09$0.11$0.02$0.09
2021Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$1.00$0.02$0.98
2020Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.00$0.11$0.11
2019Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$0.00$0.20$0.20
2018Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$0.00$0.19$0.19
2017Detailed filing. Detailed filing data is available for this year.$0.52$0.00$0.52$0.12$0.12$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.52$0.00$0.52$0.70$0.21$0.49
2015Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.14$0.11$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.41$0.60$0.20
2013Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.69$0.50$0.19
2012Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.21
2011Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.21
2010Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.21
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Oct 31, 2023
Signed
Dec 14, 2023
Return Version
2022v5.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARK PHELANPresidentPT$0--
DONALD M SCHAEFFERVice PresidentPT$0--
MARIA R FIGLIOZZISecretaryPT$0--
NURIJE MAXHUNITreasurerPT$0--
Grants and Assistance

Foundation Grants and Related Investments

TypeRecipientPurposeStatusLocationAmount
Paid GrantBANK OF AMERICA CHARITABLE GIFT FUNDGENERAL CHARITABLE FUNDINGPUBLICCHAPPAQUA, NY, US$325,000
Paid GrantTIDES FOUNDATIONGENERAL CHARITABLE FUNDINGPUBLICTIBURON, CA, US$325,000
Paid GrantFIDELITY INVESTMENTS CHARITABLE GIFT FUNDGENERAL CHARITABLE FUNDINGPUBLICSALMON, ID, US$325,000
Paid GrantST PIUS XGENERAL CHARITABLE FUNDINGPUBLICPLAINVIEW, NY, US$122,315
Filing and Contact Details

Filer

Filer Name
The Phelan Foundation
EIN
11-3531781
Phone
6312713116
Address
419 PARK AVENUE SO 7TH FLOOR, NEW YORK, NY 10016

Signing Officer

Name
Mark Phelan
Title
President
Phone
6312713116
Signed
2023-12-14
Discuss with paid preparer
Yes

Preparer

Firm
Schaeffer & Sam CPA Pc
Address
1232 RXR PLAZA, UNIONDALE, NY 11556-1232
Preparer
Samia B Sam
Phone
5168329100
Raw XML Appendix382 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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AccountingFeesSchedule/AccountingFeesDetail/CategoryTxt0SCHAEFFER & SAM CPAS, P.C.
AccountingFeesSchedule/AccountingFeesDetail/DisbursementsCharitablePrpsAmt07200
AccountingFeesSchedule/AccountingFeesDetail/NetInvestmentIncomeAmt0800
AllOthProgRltdInvestmentsSch/AllOtherProgramRelatedInvstGrp/Amt00
AllOthProgRltdInvestmentsSch/AllOtherProgramRelatedInvstGrp/Desc0NONE
DissolutionStmt/DissolutionInformationGrp/BusinessName/BusinessNameLine1Txt0BANK OF AMERICA CHARITABLE GIFT FUND
DissolutionStmt/DissolutionInformationGrp/BusinessName/BusinessNameLine1Txt1TIDES FOUNDATION
DissolutionStmt/DissolutionInformationGrp/BusinessName/BusinessNameLine1Txt2FIDELITY INVESTMENTS CHARITABLE GIFT FUND
DissolutionStmt/DissolutionInformationGrp/BusinessName/BusinessNameLine1Txt3ST PIUS X ROMAN CATHOLIC CHURCH
DissolutionStmt/DissolutionInformationGrp/DissolutionAmt0325000
DissolutionStmt/DissolutionInformationGrp/DissolutionAmt1325000
DissolutionStmt/DissolutionInformationGrp/DissolutionAmt2325000
DissolutionStmt/DissolutionInformationGrp/DissolutionAmt3122315
DissolutionStmt/DissolutionInformationGrp/ShortExplanationTxt0TO BE DESIGNATIED BY MARK PHELAN, A SON OF THE FOUNDATION'S FOUNDERS.
DissolutionStmt/DissolutionInformationGrp/ShortExplanationTxt1TO BE DESIGNATIED BY DEBORAH PHELAN, A DAUGHTER OF THE FOUNDATION'S FOUNDERS.
DissolutionStmt/DissolutionInformationGrp/ShortExplanationTxt2TO BE DESIGNATIED BY FRANK PHELAN, A SON OF THE FOUNDATION'S FOUNDERS.
DissolutionStmt/DissolutionInformationGrp/ShortExplanationTxt3THE REMAINDER OF THE FOUNDATION'S ASSETS
DissolutionStmt/DissolutionInformationGrp/USAddress/AddressLine1Txt01000 KING STREET
DissolutionStmt/DissolutionInformationGrp/USAddress/AddressLine1Txt119 CHANNEL LANDING
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0MARK PHELAN
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1DONALD M SCHAEFFER
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt11000 KING STREET
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt219 CHANNEL LANDING
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd00
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt042434
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IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt042434
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IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt0193628
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IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt089467
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IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt01549287
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt00
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IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt0168859
IRS990PF/UndistributedIncomeGrp/PriorYearDeficiencyOrTaxAmt00
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IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
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LegalFeesSchedule/LegalFeesGrp/LegalFeesAmt012000
LegalFeesSchedule/LegalFeesGrp/NetInvestmentIncomeAmt01200
LiquidationExplanationStmt/ExplanationTxt0SEE ATTACHED PLAN OF DISSOLUTION AND DISTRIBUTION OF ASSETS OF THE PHELAN FOUNDATION.
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt02760
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc0ACCRUED INTEREST PAID
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt00
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt00
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OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt0350
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OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt10
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt217
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt3450
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt439
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt50
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OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1170
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt2170
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OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt4394
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt545
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK PHELAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06312713116
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-12-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE PHELAN FOUNDATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O NORI MAXHUNI
ReturnHeader/Filer/BusinessNameControlTxt0PHEL
ReturnHeader/Filer/EIN0113531781
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113576325
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCHAEFFER & SAM CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01232 RXR PLAZA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0UNIONDALE
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0115561232
ReturnHeader/PreparerPersonGrp/PhoneNum05168329100
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SAMIA B SAM
ReturnHeader/ReturnTs02023-12-14T15:23:56-06:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PHELAN
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-10-31
ReturnHeader/TaxYr02022

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