NonprofitsSherman Phoenix Foundation Inc

Human Services

Sherman Phoenix Foundation Inc

MILWAUKEE, WI

Total revenue

$865K

Total expenses

$1.3M

Net assets

Grants received

$417K

16 grants

EIN

854125394

Tax year

2024

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.

Financials

FY 2024

Revenue

Contributions & grants$839K
Program service revenue$304K
Investment income
Other revenue$4K
Total revenue$865K

Expenses

Grants paid$51K
Salaries & benefits$430K
Fundraising$143K
Other expenses$851K
Total expenses$1.3M
Total assets$620K
Net assets

People

11 listed

NameRoleCompensation

STACIA THOMPSON

CEO

Board

$167K

40 hrs/wk

Dr Damira Grady

President

Board

1 hrs/wk

Korbey White

Vice President

Board

1 hrs/wk

LEANA NAKIELSKI

Director

Board

1 hrs/wk

Shakia Smith

Director

Board

1 hrs/wk

Sherri Jordan

Director

Board

1 hrs/wk

Deidre Garret

Director

Board

1 hrs/wk

RAMEL BLY

Director

Board

1 hrs/wk

DANIELLE BLY

Director

Board

1 hrs/wk

Dina Abercrombie

Director

Board

1 hrs/wk

Charlotte Cannon-Sain

Director

Board

1 hrs/wk

Grants received

Showing 16 of 16

FromAmountPurposeYear
$50K
To support general operations
2024
$47K
UNRESTRICTED FUNDING TO SUPPORT YOUR MISSION
2024
$30K
GENERAL OPERATING SUPPORT.
2024
$10K
GENERAL OPERATING SUPPORT
2024
$93K
ILASH & AESTHETICS PRO INSTITUTE TUITION ASSISTANCE AND SUPPORT
2023
$10K
CHARITABLE
2023
$10K
SUSTAINABILITY & GROWTH PLAN
2023
$6K
DONATION
2023
$5K
GENERAL
2023
$4K
OPERATING SUPPORT FOR SHERMAN PHOENIX COMMUNITY PROGRAMMING
2023
$25K
For grant recipient's exempt purposes
2022
$13K
GENERAL OPERATING SUPPORT
2022
$8K
THE SHERMAN PHOENIX FOUNDATION AND MKE BLACK
2022
$5K
GENERAL
2022

Funded by

$417K from 12 funders · 16 grants · 2022–2024

Greater Milwaukee Foundation Inc

$148K · 3 grants · 2022–2024

Bradley Impact Fund Inc

$30K · 1 grant · 2024

Merkel Foundation Inc

$20K · 2 grants · 2023–2024

Ralph Evinrude Foundation Inc

$13K · 1 grant · 2022

Details

EIN854125394
NTEE codeP20
Subsection03
Ruling date2022-07
Formed2020
Employees6
Volunteers10
SHERMAN PHOENIX FOUNDATION INC — Mission, Financials & Grants Received | Grantivo