Civic Intelligence

Sherman Phoenix Foundation Inc.

990 • Fiscal year 2023 • EIN 85-4125394

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

3536 W Fond Du Lac AvenueMilwaukee, WI 53216

(262) 228-6021

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

94th percentile

1.00x

Higher debt load relative to assets than 94% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

84th percentile

0.68x

Higher debt load relative to revenue than 84% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

14th percentile

-23%

Higher net margin than 14% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

80th percentile

$135,971

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 10.9% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

97th percentile

193%

Faster asset growth than 97% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

90th percentile

87%

Faster revenue growth than 90% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

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

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0-$500KAssets 2021: $31,501Liabilities 2021: $8,012Net Assets 2021: $23,4892021Assets 2022: $291,010Liabilities 2022: $10,004Net Assets 2022: $281,0062022Assets 2023: $852,058Liabilities 2023: $849,235Net Assets 2023: $2,8232023Assets 2024: $620,376Liabilities 2024: $872,598Net Assets 2024: -$252,2222024

Highlighted filing

2023

Assets$852,058
Liabilities$849,235
Net Assets$2,823

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2021: $194,847Expenses 2021: $171,358Net Income 2021: $23,4892021Revenue 2022: $668,697Expenses 2022: $411,180Net Income 2022: $257,5172022Revenue 2023: $1,248,019Expenses 2023: $1,537,902Net Income 2023: -$289,8832023Revenue 2024: $865,144Expenses 2024: $1,331,691Net Income 2024: -$466,5472024

Highlighted filing

2023

Revenue$1,248,019
Expenses$1,537,902
Net Income-$289,883
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$1,248,019
Mission and Program Overview

Mission

The Sherman Phoenix Foundation builds inclusive and just economies for communities of color through strategies that support entrepreneurship, wellness, workplace inclusion, and economic empowerment.

Balance Sheet Detail
LineBeginningEndChange
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 Categories

AssetBook ValueDepreciationBasis
Buildings$218,473$467$218,940
Land$81,400-$81,400
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stacia ThompsonExecutive DirectorFT$125,963$10,008$135,971

Board Members and Trustees

NameTitle
Ron AdamsPresident
Anthony CobbVice President
Angela AdamsDirector
Danielle BlyDirector
Joanne SabirDirector
Ramel BlyDirector
Kenge AdamsSecretary
Leana NakielskiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,182,802
Program Service Revenue
$17,576
Investment Income
$620
Other Revenue
$47,021
All Other Contributions
$634,775
Change in Net Assets
$-289,883
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
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

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
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
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Sherman Phoenix I LLCMilwaukee, WI-Operations$50,000
Ilash & Aesthetics Pro InstituteMilwaukee, WI-Fiscal Agent, Programming$27,000
Young Enterprising SocietyMilwaukee, WI-Fiscal Sponsor for Yes for Steam and Dream$13,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$20,001
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

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

Form 990, Part VI, Section B, Line 11B

Reviewed at board meeting

Form 990, Part VI, Section B, Line 12C

The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Sherman Phoenix Foundation
EIN
85-4125394
Phone
2622286021
Address
3536 W FOND DU LAC AVENUE, MILWAUKEE, WI 53216

Signing Officer

Name
Leana Nakielski
Title
Treasurer
Phone
2622286021
Signed
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ron Adams
Formed
2020
Legal Domicile
Wi
Voting Board Members
8
Independent Board Members
8
Employees
7
Volunteers
0

Preparer

Firm
Ritz Holman Llp
Address
330 E KILBOURN AVE SUITE 550, MILWAUKEE, WI 53202
Preparer
Katy L Sommer
Phone
4142711451
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

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.

Raw XML AppendixShowing 400 of 524 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
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt010004
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0173423
IRS990/AccountsReceivableGrp/BOYAmt0183167
IRS990/AccountsReceivableGrp/EOYAmt0245574
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE 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/FundraisingAmt014670
IRS990/AdvertisingGrp/ManagementAndGeneralAmt04890
IRS990/AdvertisingGrp/ProgramServicesAmt029341
IRS990/AdvertisingGrp/TotalAmt048901
IRS990/AllOtherContributionsAmt0634775
IRS990/AllOtherExpensesGrp/FundraisingAmt02490
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01795
IRS990/AllOtherExpensesGrp/ProgramServicesAmt06181
IRS990/AllOtherExpensesGrp/TotalAmt010466
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0STACIA THOMPSON
IRS990/BooksInCareOfDetail/PhoneNum02622286021
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03536 W FOND DU LAC AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0MILWAUKEE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd053216
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0105911
IRS990/CashNonInterestBearingGrp/EOYAmt0273147
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt038782
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt016667
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt077565
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0133014
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt07500
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01182802
IRS990/CYGrantsAndSimilarPaidAmt0143651
IRS990/CYInvestmentIncomeAmt0620
IRS990/CYOtherExpensesAmt01123366
IRS990/CYOtherRevenueAmt047021
IRS990/CYProgramServiceRevenueAmt017576
IRS990/CYRevenuesLessExpensesAmt0-289883
IRS990/CYSalariesCompEmpBnftPaidAmt0270885
IRS990/CYTotalExpensesAmt01537902
IRS990/CYTotalFundraisingExpenseAmt0137542
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01248019
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt0381222
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0468
IRS990/DepreciationDepletionGrp/TotalAmt0468
IRS990/Desc0ENTREPRENEURSHIP AND SMALL BUSINESS SUCCESS
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt016690
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt07
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0352757
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt049946
IRS990/FeesForServicesAccountingGrp/TotalAmt049946
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt05000
IRS990/FeesForServicesLegalGrp/TotalAmt05000
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0366481
IRS990/FeesForServicesOtherGrp/TotalAmt0366481
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt810008
IRS990/Form990PartVIISectionAGrp/PersonNm0RON ADAMS
IRS990/Form990PartVIISectionAGrp/PersonNm1ANTHONY COBB
IRS990/Form990PartVIISectionAGrp/PersonNm2KENGE ADAMS
IRS990/Form990PartVIISectionAGrp/PersonNm3LEANA NAKIELSKI
IRS990/Form990PartVIISectionAGrp/PersonNm4ANGELA ADAMS
IRS990/Form990PartVIISectionAGrp/PersonNm5JOANNE SABIR
IRS990/Form990PartVIISectionAGrp/PersonNm6DANIELLE BLY
IRS990/Form990PartVIISectionAGrp/PersonNm7RAMEL BLY
IRS990/Form990PartVIISectionAGrp/PersonNm8STACIA THOMPSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8125963
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02020
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt07500
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt0540527
IRS990/GrantAmt0143651
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt04720
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0143651
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0143651
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01248019
IRS990/GrossRentsGrp/RealAmt047021
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt068919
IRS990/InformationTechnologyGrp/TotalAmt068919
IRS990/InsuranceGrp/ManagementAndGeneralAmt02548
IRS990/InsuranceGrp/TotalAmt02548
IRS990/InterestGrp/ManagementAndGeneralAmt04048
IRS990/InterestGrp/TotalAmt04048
IRS990/InvestmentIncomeGrp/ExclusionAmt0620
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0620
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt030
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0467
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0299873
IRS990/LandBldgEquipCostOrOtherBssAmt0300340
IRS990/LegalDomicileStateCd0WI
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE SHERMAN PHOENIX FOUNDATION BUILDS INCLUSIVE AND JUST ECONOMIES FOR COMMUNITIES OF COLOR THROUGHSTRATEGIES THAT SUPPORT ENTREPRENEURSHIP, WELLNESS, WORKPLACE INCLUSION, AND ECONOMIC EMPOWERMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0269869
IRS990/NetAssetsOrFundBalancesBOYAmt0281006
IRS990/NetAssetsOrFundBalancesEOYAmt02823
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt047021
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt047021
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0264316
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02823
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt021857
IRS990/OccupancyGrp/ManagementAndGeneralAmt064585
IRS990/OccupancyGrp/ProgramServicesAmt061195
IRS990/OccupancyGrp/TotalAmt0147637
IRS990/OfficeExpensesGrp/FundraisingAmt07500
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02500
IRS990/OfficeExpensesGrp/ProgramServicesAmt015000
IRS990/OfficeExpensesGrp/TotalAmt025000
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt014716
IRS990/OtherEmployeeBenefitsGrp/TotalAmt014716
IRS990/OtherExpensesGrp/Desc0CONTINGENCY
IRS990/OtherExpensesGrp/Desc1EVENT & PROGRAM SUPPLIE
IRS990/OtherExpensesGrp/Desc2CLEANING AND MAINTENANC
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt020368
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0282324
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16789
IRS990/OtherExpensesGrp/ProgramServicesAmt040736
IRS990/OtherExpensesGrp/ProgramServicesAmt120036
IRS990/OtherExpensesGrp/ProgramServicesAmt29997
IRS990/OtherExpensesGrp/TotalAmt0282324
IRS990/OtherExpensesGrp/TotalAmt167893
IRS990/OtherExpensesGrp/TotalAmt220036
IRS990/OtherExpensesGrp/TotalAmt39997
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt020001
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt030229
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt010076
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt060457
IRS990/OtherSalariesAndWagesGrp/TotalAmt0100762
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt016906
IRS990/PayrollTaxesGrp/TotalAmt016906
IRS990/PensionPlanContributionsGrp/FundraisingAmt01646
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0549
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt03292
IRS990/PensionPlanContributionsGrp/TotalAmt05487
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0517
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07803
IRS990/PrincipalOfficerNm0RON ADAMS
IRS990/PriorPeriodAdjustmentsAmt011700
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0SPACE RENTALS
IRS990/ProgramServiceRevenueGrp/Desc1MERCHANDISE SALES
IRS990/ProgramServiceRevenueGrp/Desc2PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt014901
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11500
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21175
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt014901
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21175
IRS990/ProgSrvcAccomActy2Grp/Desc0CULTURAL AND ECONOMIC VIBRANCY
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0160392
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt014901
IRS990/ProgSrvcAccomActy3Grp/Desc0ECONOMIC EQUITY AND EMPOWERMENT
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0160392
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt01500
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0160391
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0644685
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt07310
IRS990/PYInvestmentIncomeAmt081
IRS990/PYOtherExpensesAmt0293869
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt023931
IRS990/PYRevenuesLessExpensesAmt0257517
IRS990/PYSalariesCompEmpBnftPaidAmt0110001
IRS990/PYTotalExpensesAmt0411180
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0668697
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-289883
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt047021
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01175
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01415
IRS990/SavingsAndTempCashInvstGrp/EOYAmt025661
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01182802
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0644685
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt09958
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01837445
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0619
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt081
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0700
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt093388
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.84100
IRS990ScheduleA/PublicSupportPY170Pct00.58500
IRS990ScheduleA/PublicSupportTotal170Amt01545971
IRS990ScheduleA/SubstantialContributorsTotAmt0291474
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01182802
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0644685
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt09958
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01837445
IRS990ScheduleA/TotalSupportAmt01838145
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0218473
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0467
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0218940
IRS990ScheduleD/LandGrp/BookValueAmt081400
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt081400
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt020001
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0299873
IRS990ScheduleD/TotalLiabilityAmt020001
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt027000
IRS990ScheduleI/RecipientTable/CashGrantAmt113000
IRS990ScheduleI/RecipientTable/CashGrantAmt250000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FISCAL AGENT, PROGRAMMING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1FISCAL SPONSOR FOR YES FOR STEAM AND DREAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2OPERATIONS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ILASH & AESTHETICS PRO INSTITUTE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1YOUNG ENTERPRISING SOCIETY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2SHERMAN PHOENIX I LLC
IRS990ScheduleI/RecipientTable/RecipientEIN0832372766
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0230 W WELLS ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt14201 N 27TH STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt23536 W FOND DU LAC AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MILWAUKEE
IRS990ScheduleI/RecipientTable/USAddress/CityNm1MILWAUKEE
IRS990ScheduleI/RecipientTable/USAddress/CityNm2MILWAUKEE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0WI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1WI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2WI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd053203
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd153216
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd253216
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc1FMV
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc2FMV
IRS990ScheduleI/TotalOtherOrgCnt03
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MARRIED 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/ExplanationTxt1REVIEWED AT BOARD MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EVENTS 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/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings