Phelan Family Foundation Inc

Oak Point, TX
Tax-exempt since March 1995
EIN: 35-1942978

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$55.1k (2024)

Expenses

$187k (2024)

Total Assets

$490k (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$55,058

Expenses

$186,945

Net Income

-$131,887

Net Assets

$490,231

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$37,821	68.7%
Sales of Assets	$7,152	13.0%
Other Income	$10,085	18.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$186,945	100%
Compensation of Officers*	$76,500	40.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$490,231
Total Liabilities	$0
Net Assets	$490,231

Compensation

Key Employees and Officers	Compensation	Other
Janet Worley (President)	$76,500	$0
Scott Phelan (Vice President)	$0	$0
Mary Angela Watson (Secretary)	$0	$0
Shana Phelan (Director)	$0	$0

+ View more people

990-PF

Filed on May 7, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$18,497

Expenses

$160,398

Net Income

-$141,901

Net Assets

$622,118

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$38,414	> 100%
Sales of Assets	-$27,586
Other Income	$7,669	41.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$160,398	100%
Compensation of Officers*	$61,500	38.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$622,118
Total Liabilities	$0
Net Assets	$622,118

Compensation

Key Employees and Officers	Compensation	Other
Scott Phelan (Vice President)	$0	$0
Janet Worley (President)	$0	$0
Mary Angela Watson (Secretary)	$0	$0
Shana Phelan (Director)	$0	$0

+ View more people

990-PF

Filed on May 20, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$55,174

Expenses

$118,820

Net Income

-$63,646

Net Assets

$764,018

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$34,743	63.0%
Sales of Assets	$13,691	24.8%
Other Income	$6,740	12.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$0
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$764,018
Total Liabilities	$0
Net Assets	$764,018

Compensation

Key Employees and Officers	Compensation	Other
Janet Worley (President)	$41,000	$0
Scott Phelan (Vice President)	$0	$0
Mary Angela Watson (Secretary)	$0	$0
Shana Phelan (Director)	$0	$0

+ View more people

990-PF

Filed on May 14, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2021

Revenue

$48,283

Expenses

$80,136

Net Income

-$31,853

Net Assets

$827,500

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$25,008	51.8%
Sales of Assets	$15,394	31.9%
Other Income	$7,881	16.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$0
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$827,500
Total Liabilities	$0
Net Assets	$827,500

Compensation

Key Employees and Officers	Compensation	Other
Scott Phelan (Vice President)	$0	$0
Janet Worley (President)	$0	$0
Mary Angela Watson (Secretary)	$0	$0
Shana Phelan (Director)	$0	$0

+ View more people

990-PF

Filed on May 9, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2020

Revenue

$33,802

Expenses

$68,832

Net Income

-$35,030

Net Assets

$859,352

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$26,903	79.6%
Sales of Assets	$5,376	15.9%
Other Income	$1,523	4.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$68,832	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$859,353
Total Liabilities	$1
Net Assets	$859,352

Compensation

Key Employees and Officers	Compensation	Other
Scott Phelan (Vice President)	$0	$0
Janet Worley (President)	$0	$0
Mary Angela Watson (Secretary)	$0	$0
Shana Phelan (Director)	$0	$0

+ View more people

990-PF

Filed on May 13, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$47,473

Expenses

$63,909

Net Income

-$16,436

Net Assets

$906,743

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$38,378	80.8%
Sales of Assets	$8,798	18.5%
Other Income	$297	0.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$63,909	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$906,744
Total Liabilities	$1
Net Assets	$906,743

Compensation

Key Employees and Officers	Compensation	Other
Scott Phelan (Vice President)	$0	$0
Janet Worley (President)	$0	$0
Mary Angela Watson (Secretary)	$0	$0
Shana Phelan (Director)	$0	$0

+ View more people

990-PF

Filed on May 22, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$47,962

Expenses

$110,024

Net Income

-$62,062

Net Assets

$923,514

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$34,074	71.0%
Sales of Assets	$13,061	27.2%
Other Income	$827	1.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$95,447	86.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$923,514
Total Liabilities	$0
Net Assets	$923,514

Compensation

Key Employees and Officers	Compensation	Other
Scott Phelan (Vice President)	$0	$0
Janet Worley (President)	$0	$0
Mary Angela Watson (Secretary)	$0	$0
Shana Phelan (Director)	$0	$0

+ View more people

990-PF

Filed on May 13, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$37,927

Expenses

$20,481

Net Income

$17,446

Net Assets

$986,068

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$32,899	86.7%
Sales of Assets	$3,043	8.0%
Other Income	$1,985	5.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$20,453	99.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$986,068
Total Liabilities	$0
Net Assets	$986,068

Compensation

Key Employees and Officers	Compensation	Other
Scott Phelan (Vice President)	$0	$0
Janet Worley (President)	$0	$0
Mary Angela Watson (Secretary)	$0	$0
Shana Phelan (Director)	$0	$0

+ View more people

990-PF

Filed on May 11, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2016

Revenue

$24,091

Expenses

$63,374

Net Income

-$39,283

Net Assets

$968,621

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$65	0.3%
Dividends	$12,872	53.4%
Sales of Assets	$10,479	43.5%
Other Income	$675	2.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$62,151	98.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$968,621
Total Liabilities	$0
Net Assets	$968,621

Compensation

Key Employees and Officers	Compensation	Other
Scott Phelan (Vice President)	$0	$0
Janet Worley (President)	$0	$0
Mary Angela Watson (Secretary)	$0	$0
Shana Phelan (Director)	$0	$0

+ View more people

990-PF

Filed on May 10, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$145,446

Expenses

$65,823

Net Income

$79,623

Net Assets

$1,007,905

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$3	0.0%
Dividends	$25,943	17.8%
Sales of Assets	$119,500	82.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$110,270	> 100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,007,905
Total Liabilities	$0
Net Assets	$1,007,905

Compensation

Key Employees and Officers	Compensation	Other
Scott Phelan (Vice President)	$0	$0
Janet Worley (President)	$0	$0
Mary Angela Watson (Secretary)	$0	$0
Shana Phelan (Director)	$0	$0

+ View more people

990-PF

Filed on May 10, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2014

Revenue

$106,530

Expenses

$56,798

Net Income

$49,732

Net Assets

$976,399

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$3	0.0%
Dividends	$31,561	29.6%
Sales of Assets	$74,966	70.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$55,046	96.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$976,399
Total Liabilities	$0
Net Assets	$976,399

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$37,076

Expenses

$44,343

Net Income

-$7,267

Net Assets

$916,101

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1	0.0%
Dividends	$24,540	66.2%
Sales of Assets	$12,535	33.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$43,919	99.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$916,101
Total Liabilities	$0
Net Assets	$916,101

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$24,367

Expenses

$49,024

Net Income

-$24,657

Net Assets

$929,701

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$2	0.0%
Dividends	$24,437	> 100%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$48,848	99.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$929,701
Total Liabilities	$0
Net Assets	$929,701

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$25,441

Expenses

$41,237

Net Income

-$15,796

Net Assets

$952,802

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$188	0.7%
Interest Revenue	$2	0.0%
Dividends	$21,610	84.9%
Sales of Assets	$3,641	14.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$40,918	99.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$952,802
Total Liabilities	$0
Net Assets	$952,802

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated March 23, 2026

Phelan Family Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $55.1k (2024)

Expenses $187k (2024)

Total Assets $490k (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Revenue

$55.1k (2024)

Expenses

$187k (2024)

Total Assets

$490k (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001