Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
990 • Fiscal year 2023 • EIN 85-4125394
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
Liabilities / Revenue
84th percentile
Higher debt load relative to revenue than 84% of similar nonprofits.
Net Margin
14th percentile
Higher net margin than 14% of similar nonprofits.
Top Officer Pay
80th percentile
Higher top officer pay than 80% of similar nonprofits.
Top officer pay equals 10.9% of source-year revenue.
Asset Growth
97th percentile
Faster asset growth than 97% of similar nonprofits.
Revenue Growth
90th percentile
Faster revenue growth than 90% of similar nonprofits.
Assets
Up$852,058
Up $561,048 (+193%) from 2022
Net Assets
Down$2,823
Down $278,183 (-99%) from 2022
Liabilities
Up$849,235
Up $839,231 (+8389%) from 2022
Revenue
Up$1,248,019
Up $579,322 (+87%) from 2022
Expenses
Up$1,537,902
Up $1,126,722 (+274%) from 2022
Net Income
Down-$289,883
Down $547,400 (-213%) from 2022
The Sherman Phoenix Foundation builds inclusive and just economies for communities of color through strategies that support entrepreneurship, wellness, workplace inclusion, and economic empowerment.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $0 | $299,873 | ▲ $299,873 |
| Cash and Non-Interest-Bearing Accounts | $105,911 | $273,147 | ▲ $167,236 |
| Accounts Receivable | $183,167 | $245,574 | ▲ $62,407 |
| Savings and Temporary Cash Investments | $1,415 | $25,661 | ▲ $24,246 |
| Prepaid Expenses and Deferred Charges | $517 | $7,803 | ▲ $7,286 |
| Total Assets | $291,010 | $852,058 | ▲ $561,048 |
| Liabilities | |||
| Deferred Revenue | $0 | $381,222 | ▲ $381,222 |
| Mortgage Notes Payable Secured by Investment Property | $0 | $269,869 | ▲ $269,869 |
| Accounts Payable and Accrued Expenses | $10,004 | $173,423 | ▲ $163,419 |
| Other Liabilities | $0 | $20,001 | ▲ $20,001 |
| Grants Payable | $0 | $4,720 | ▲ $4,720 |
| Total Liabilities | $10,004 | $849,235 | ▲ $839,231 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $16,690 | $0 | ▼ $16,690 |
| Net Assets Without Donor Restrictions | $264,316 | $2,823 | ▼ $261,493 |
| Total Net Assets Fund Balance | $281,006 | $2,823 | ▼ $278,183 |
| Total Liabilities and Net Assets / Fund Balance | $291,010 | $852,058 | ▲ $561,048 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $218,473 | $467 | $218,940 |
| Land | $81,400 | - | $81,400 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Stacia Thompson | Executive Director | FT | $125,963 | $10,008 | $135,971 |
| Name | Title |
|---|---|
| Ron Adams | President |
| Anthony Cobb | Vice President |
| Angela Adams | Director |
| Danielle Bly | Director |
| Joanne Sabir | Director |
| Ramel Bly | Director |
| Kenge Adams | Secretary |
| Leana Nakielski | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,123,366 |
| Salaries, Compensation, and Employee Benefits | $270,885 |
| Grants and Similar Amounts Paid | $143,651 |
| Total Fundraising Expense | $137,542 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $366,481 | - | - | $366,481 |
| Occupancy | $61,195 | $64,585 | $21,857 | $147,637 |
| Grants to Domestic Orgs | $143,651 | - | - | $143,651 |
| Current Officers, Directors, Trustees, and Key Employees | $77,565 | $16,667 | $38,782 | $133,014 |
| Other Salaries and Wages | $60,457 | $10,076 | $30,229 | $100,762 |
| Information Technology | - | $68,919 | - | $68,919 |
| Fees for Services Accounting | - | $49,946 | - | $49,946 |
| Advertising | $29,341 | $4,890 | $14,670 | $48,901 |
| Office Expenses | $15,000 | $2,500 | $7,500 | $25,000 |
| Payroll Taxes | - | $16,906 | - | $16,906 |
| Other Employee Benefits | - | $14,716 | - | $14,716 |
| Travel | - | $13,702 | - | $13,702 |
| All Other Expenses | $6,181 | $1,795 | $2,490 | $10,466 |
| Other Expenses | $9,997 | $6,789 | $20,368 | $9,997 |
| Pension Plan Contributions | $3,292 | $549 | $1,646 | $5,487 |
| Fees for Services Legal | - | $5,000 | - | $5,000 |
| Interest | - | $4,048 | - | $4,048 |
| Insurance | - | $2,548 | - | $2,548 |
| Depreciation Depletion | - | $468 | - | $468 |
| Total Functional Expenses | $833,932 | $566,428 | $137,542 | $1,537,902 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Sherman Phoenix I LLC | Milwaukee, WI | - | Operations | $50,000 |
| Ilash & Aesthetics Pro Institute | Milwaukee, WI | - | Fiscal Agent, Programming | $27,000 |
| Young Enterprising Society | Milwaukee, WI | - | Fiscal Sponsor for Yes for Steam and Dream | $13,000 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $0 |
| Fundraising Gross Income | $0 |
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Tenant Security Deposits | $20,001 |
“Married couples: ron and angela adams, nkenge and reginald adams, danielle and ramel bly, oren and jocelyn burks, kaycee and jon frost, joanne and manaan sabir”
“Reviewed at board meeting”
“The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy.”
“UPON REQUEST”
“Events management: program service expenses 16,350. Management and general expenses 0. Fundraising expenses 0. Total expenses 16,350. Marketing and social media services: program service expenses 13,198. Management and general expenses 0. Fundraising expenses 0. Total expenses 13,198. Musicians & artists: program service expenses 11,400. Management and general expenses 0. Fundraising expenses 0. Total expenses 11,400. Onsite building support: program service expenses 168. Management and general expenses 0. Fundraising expenses 0. Total expenses 168. Other professional services: program service expenses 286,429. Management and general expenses 0. Fundraising expenses 0. Total expenses 286,429. Participant support cost: program service expenses 3,250. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,250. Tenant engagement & support: program service expenses 35,686. Management and general expenses 0. Fundraising expenses 0. Total expenses 35,686.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 1 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 10004 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 173423 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 183167 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 245574 |
| IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE SHERMAN PHOENIX FOUNDATION BUILDS INCLUSIVE AND JUST ECONOMIES FOR COMMUNITIES OF COLOR THROUGH STRATEGIES THAT SUPPORT ENTREPRENEURSHIP, WELLNESS, WORKPLACE INCLUSION, AND ECONOMIC EMPOWERMENT. |
| IRS990/AdvertisingGrp/FundraisingAmt | 0 | 14670 |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 4890 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 29341 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 48901 |
| IRS990/AllOtherContributionsAmt | 0 | 634775 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 2490 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1795 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 6181 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 10466 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 0 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | STACIA THOMPSON |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2622286021 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3536 W FOND DU LAC AVENUE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | MILWAUKEE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | WI |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 53216 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 105911 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 273147 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 38782 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 16667 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 77565 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 133014 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContriRptFundraisingEventAmt | 0 | 7500 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 1182802 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 143651 |
| IRS990/CYInvestmentIncomeAmt | 0 | 620 |
| IRS990/CYOtherExpensesAmt | 0 | 1123366 |
| IRS990/CYOtherRevenueAmt | 0 | 47021 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 17576 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -289883 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 270885 |
| IRS990/CYTotalExpensesAmt | 0 | 1537902 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 137542 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1248019 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 0 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 381222 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 468 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 468 |
| IRS990/Desc | 0 | ENTREPRENEURSHIP AND SMALL BUSINESS SUCCESS |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 16690 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 7 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 352757 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 49946 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 49946 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 5000 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 5000 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 366481 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 366481 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 10008 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | RON ADAMS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | ANTHONY COBB |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | KENGE ADAMS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | LEANA NAKIELSKI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | ANGELA ADAMS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | JOANNE SABIR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | DANIELLE BLY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | RAMEL BLY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | STACIA THOMPSON |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 125963 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | EXECUTIVE DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2020 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/FundraisingAmt | 0 | 7500 |
| IRS990/FundraisingDirectExpensesAmt | 0 | 0 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 8 |
| IRS990/GovernmentGrantsAmt | 0 | 540527 |
| IRS990/GrantAmt | 0 | 143651 |
| IRS990/GrantsPayableGrp/BOYAmt | 0 | 0 |
| IRS990/GrantsPayableGrp/EOYAmt | 0 | 4720 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 143651 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 143651 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 1248019 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 47021 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 8 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 68919 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 68919 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 2548 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 2548 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 4048 |
| IRS990/InterestGrp/TotalAmt | 0 | 4048 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 620 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 620 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 30 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 467 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 299873 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 300340 |
| IRS990/LegalDomicileStateCd | 0 | WI |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 0 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE SHERMAN PHOENIX FOUNDATION BUILDS INCLUSIVE AND JUST ECONOMIES FOR COMMUNITIES OF COLOR THROUGHSTRATEGIES THAT SUPPORT ENTREPRENEURSHIP, WELLNESS, WORKPLACE INCLUSION, AND ECONOMIC EMPOWERMENT. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 269869 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 281006 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 2823 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt | 0 | 47021 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 47021 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 264316 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 2823 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 21857 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 64585 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 61195 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 147637 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 7500 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 2500 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 15000 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 25000 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 14716 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 14716 |
| IRS990/OtherExpensesGrp/Desc | 0 | CONTINGENCY |
| IRS990/OtherExpensesGrp/Desc | 1 | EVENT & PROGRAM SUPPLIE |
| IRS990/OtherExpensesGrp/Desc | 2 | CLEANING AND MAINTENANC |
| IRS990/OtherExpensesGrp/Desc | 3 | MISCELLANEOUS EXPENSE |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 20368 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 282324 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 6789 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 40736 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 20036 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 9997 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 282324 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 67893 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 20036 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 9997 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 20001 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 30229 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 10076 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 60457 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 100762 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 16906 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 16906 |
| IRS990/PensionPlanContributionsGrp/FundraisingAmt | 0 | 1646 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 549 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 3292 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 5487 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 517 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 7803 |
| IRS990/PrincipalOfficerNm | 0 | RON ADAMS |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | 11700 |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 532000 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | SPACE RENTALS |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | MERCHANDISE SALES |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | PROGRAM FEES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 14901 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 1500 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 1175 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 14901 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 1500 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 1175 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | CULTURAL AND ECONOMIC VIBRANCY |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 160392 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 14901 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | ECONOMIC EQUITY AND EMPOWERMENT |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 160392 |
| IRS990/ProgSrvcAccomActy3Grp/RevenueAmt | 0 | 1500 |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 0 | 160391 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 644685 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 7310 |
| IRS990/PYInvestmentIncomeAmt | 0 | 81 |
| IRS990/PYOtherExpensesAmt | 0 | 293869 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 23931 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 257517 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 110001 |
| IRS990/PYTotalExpensesAmt | 0 | 411180 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 668697 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -289883 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 47021 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 1175 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1415 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 25661 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 1182802 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 644685 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 9958 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 1837445 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 619 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 81 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 700 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 93388 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.84100 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.58500 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 1545971 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 291474 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 1182802 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 644685 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 9958 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 1837445 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 1838145 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 218473 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 467 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 218940 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 81400 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 81400 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 20001 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | TENANT SECURITY DEPOSITS |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 299873 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 20001 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 1 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 27000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 1 | 13000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 2 | 50000 |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt | 0 | 0 |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt | 1 | 0 |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt | 2 | 0 |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | FISCAL AGENT, PROGRAMMING |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 1 | FISCAL SPONSOR FOR YES FOR STEAM AND DREAM |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 2 | OPERATIONS |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | ILASH & AESTHETICS PRO INSTITUTE |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 1 | YOUNG ENTERPRISING SOCIETY |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 2 | SHERMAN PHOENIX I LLC |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 832372766 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 230 W WELLS ST |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 1 | 4201 N 27TH STREET |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 2 | 3536 W FOND DU LAC AVE |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | MILWAUKEE |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 1 | MILWAUKEE |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 2 | MILWAUKEE |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | WI |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 1 | WI |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 2 | WI |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 53203 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 1 | 53216 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 2 | 53216 |
| IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc | 0 | FMV |
| IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc | 1 | FMV |
| IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc | 2 | FMV |
| IRS990ScheduleI/TotalOtherOrgCnt | 0 | 3 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | MARRIED COUPLES: RON AND ANGELA ADAMS, NKENGE AND REGINALD ADAMS, DANIELLE AND RAMEL BLY, OREN AND JOCELYN BURKS, KAYCEE AND JON FROST, JOANNE AND MANAAN SABIR |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | REVIEWED AT BOARD MEETING |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | UPON REQUEST |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | EVENTS MANAGEMENT: PROGRAM SERVICE EXPENSES 16,350. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,350. MARKETING AND SOCIAL MEDIA SERVICES: PROGRAM SERVICE EXPENSES 13,198. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,198. MUSICIANS & ARTISTS: PROGRAM SERVICE EXPENSES 11,400. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,400. ONSITE BUILDING SUPPORT: PROGRAM SERVICE EXPENSES 168. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 168. OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 286,429. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 286,429. PARTICIPANT SUPPORT COST: PROGRAM SERVICE EXPENSES 3,250. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,250. TENANT ENGAGEMENT & SUPPORT: PROGRAM SERVICE EXPENSES 35,686. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 35,686. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.