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Philip B Downing Account

Organization summary

Type of Nonprofit

Designated as a 4947(a)(1), which are: Nonexempt charitable trusts

Summary charts: organization finances over time

Revenue
−$262 (2023)

Expenses
$23.2k (2023)

Total Assets
$365k (2023)

Total Liabilities
$0 (2023)

Years with missing data
Source: Form 990 tax filings from 2011 to 2023

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 Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
-$262
Expenses
$23,221
Net Income
-$23,483
Net Assets
$365,095
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $8,446
Sales of Assets -$8,708
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $16,702
71.9%
Compensation of Officers* $6,233
26.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $365,095
Total Liabilities $0
Net Assets $365,095
Compensation
Key Employees and Officers Compensation Other
Bank Of America (Trustee) $6,233 $0

Document Links

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$71,364
Expenses
$30,761
Net Income
$40,603
Net Assets
$380,895
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $8,126
11.4%
Sales of Assets $63,238
88.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $25,514
82.9%
Compensation of Officers* $6,371
20.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $380,895
Total Liabilities $0
Net Assets $380,895
Compensation
Key Employees and Officers Compensation Other
Bank Of America (Trustee) $6,371 $0

Document Links

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$28,301
Expenses
$26,138
Net Income
$2,163
Net Assets
$403,809
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $6,944
24.5%
Sales of Assets $21,357
75.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $20,120
77.0%
Compensation of Officers* $6,542
25.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $403,809
Total Liabilities $0
Net Assets $403,809
Compensation
Key Employees and Officers Compensation Other
Bank Of America N A (Trustee) $6,542 $0

Document Links

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$32,906
Expenses
$22,924
Net Income
$9,982
Net Assets
$351,878
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $8,032
24.4%
Sales of Assets $24,600
74.8%
Other Income $274
0.8%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $18,426
80.4%
Compensation of Officers* $5,788
25.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $351,879
Total Liabilities $1
Net Assets $351,878
Compensation
Key Employees and Officers Compensation Other
Bank Of America N A (Trustee) $5,788 $0

Document Links

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$24,438
Expenses
$25,335
Net Income
-$897
Net Assets
$341,764
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $8,195
33.5%
Sales of Assets $16,243
66.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $19,935
78.7%
Compensation of Officers* $5,753
22.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $341,764
Total Liabilities $0
Net Assets $341,764

Document Links

Fiscal Year Ending Sept.
2018

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$20,928
Expenses
$22,206
Net Income
-$1,278
Net Assets
$338,387
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $7,663
36.6%
Sales of Assets $13,169
62.9%
Other Income $96
0.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $17,700
79.7%
Compensation of Officers* $5,727
25.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $338,387
Total Liabilities $0
Net Assets $338,387
Compensation
Key Employees and Officers Compensation Other
Bank Of America N A (Trustee) $5,727 $0

Document Links

Fiscal Year Ending Sept.
2016

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$14,946
Expenses
$23,832
Net Income
-$8,886
Net Assets
$350,062
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $8,206
54.9%
Sales of Assets $6,740
45.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $20,044
84.1%
Compensation of Officers* $5,872
24.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $350,062
Total Liabilities $0
Net Assets $350,062
Compensation
Key Employees and Officers Compensation Other
Bank Of America N A (Trustee) $5,872 $0

Document Links

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$12,224
Expenses
$24,729
Net Income
-$12,505
Net Assets
$356,128
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $7,845
64.2%
Sales of Assets $4,379
35.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $20,850
84.3%
Compensation of Officers* $5,893
23.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $356,128
Total Liabilities $0
Net Assets $356,128

Document Links

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$11,420
Expenses
$21,028
Net Income
-$9,608
Net Assets
$361,596
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $6,587
57.7%
Sales of Assets $4,827
42.3%
Other Income $6
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $17,172
81.7%
Compensation of Officers* $5,576
26.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $361,596
Total Liabilities $0
Net Assets $361,596

Document Links

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$29,382
Expenses
$22,684
Net Income
$6,698
Net Assets
$366,780
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $12,880
43.8%
Sales of Assets $16,502
56.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $17,931
79.0%
Compensation of Officers* $7,258
32.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $366,780
Total Liabilities $0
Net Assets $366,780

Document Links

Fiscal Year Ending Sept.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$16,286
Expenses
$26,624
Net Income
-$10,338
Net Assets
$361,989
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $10,278
63.1%
Sales of Assets $5,926
36.4%
Other Income $82
0.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $20,313
76.3%
Compensation of Officers* $10,370
38.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $361,989
Total Liabilities $0
Net Assets $361,989

Document Links

Fiscal Year Ending Sept.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

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.

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