THE PHOENIX SOCIETY INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

MICHAEL FEINMAN

Phone

2129671100

Tax Period

2023-01-01 to 2023-12-31

THE PHOENIX SOCIETY INC, founded in 2015, is a micro nonprofit in the Health Care sector that reported $4K in total revenue in fiscal year 2023. Revenue fell 75% from the prior year — a significant decline worth monitoring. Expenses of $4K left a modest 4% surplus.

Mission

THROUGH ITS PROGRAMS, THE ORGANIZATION ASSISTS THE GOLD STAR MEMBERS (FAMILY MEMBERS OF FALLEN SERVICE MEMBERS) WITH FUNDS DONATED BY DIRECT PUBLIC SUPPORT AND SALES OF INVENTORY THAT SUPPORTS THE ORGANIZATION'S CHARITABLE PURPOSE. ONCE THE FAMILY OF THE FALLEN SERVICE MEMBER IS IDENTIFIED BY US DEPARTMENT OF VETERAN AFFAIRS, THE ORGANIZATION OFFERS SERVICES SUCH AS JOB TRAINING, TUTORS, HOME LOAN BENEFIT, FINANCIAL ADVICE, TRAVEL TO BURIAL SITE AND LEGAL AND FINANCIAL ASSISTANCE TO GOLD STAR MEMBERS. 80% OF THE ORGANIZATION'S PROGRAM EXPENSES WILL BE EXPENDED IN THIS AREA.THE PHOENIX SOCIETY INC. ALSO PROVIDES SCHOLARSHIPS TO CHILDREN OF ARMED SERVICE MEMBERS WHO WERE KILLED IN LINE OF DUTY, LIVING BOTH DOMESTICALLY AND ABROAD AND ORGANIZES ACTIVITIES FOR CHILDREN THAT ALLOW THEM TO BOND WITH OTHERS. 20% OF THE ORGANIZATION'S PROGRAM EXPENSES WILL BE EXPENDED IN THIS AREA.

Program Service Accomplishments

Program 1

FAMILY AID - AID FAMILIES OF MILITARY SERVICE PEOPLE WHO WERE IN ACTIVE/HOSTILE ZONES AND KILLED IN ACTION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $4,499

Other Revenue $0

TOTAL REVENUE $4,499

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $4,330

TOTAL EXPENSES $4,330

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,499	$18,000	-0.8%
Expenses	$4,330	N/A	N/A
Net Income	$169	$18,000	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL FEINMAN	PRESIDENT	10.00	Officer Director	$0	$0	$0
EUGENE CARLSON	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
ALLAN STOLZER	TREASURER	5.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$4,499	$4,330	$798,927	$169
2022	$18,000	No data	$774,990	No data
2021	$200	$4,004	$756,990	$-3,804
2020	$80,445	$1,000	$644,356	$79,445