Nonprofit · EIN 46-4123649
PHASED IN
Tax-exempt · WICHITA FALLS, TX 76306
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $749,143 | $548,665 | $200,478 | $1,701,457 | $640,875 | $1,060,582 |
| December 31, 2023 | 990 | $362,616 | $433,397 | -$70,781 | $1,538,713 | $678,609 | $860,104 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $623,342
- Program service revenue
- $0
- Investment income
- $8,848
- Net gain from sales of assets
- -$332
- Net income from fundraising events
- $116,953
- Other revenue
- $116,953
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $61,000
- Other salaries and wages
- $134,019
- Salaries, compensation and benefits (total)
- $206,007
- Professional fundraising fees
- $0
- Accounting fees
- $25,880
- Depreciation
- $67,478
- Program services (functional)
- $503,555
- Management and general (functional)
- $45,110
Balance sheet and other
- Total assets, start of year
- $1,538,713
- Total assets, end of year
- $1,701,457
- Total liabilities, end of year
- $640,875
- Net assets, end of year
- $1,060,582
- Land, buildings and equipment
- $1,318,362
- Net assets without donor restrictions
- $955,956
- Net assets with donor restrictions
- $104,626
- Gross receipts
- $792,406
- Employees
- 7
- Volunteers
- 275
- Year formed
- 2013
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Darrell Trout | Exec Director Trustee or director, Officer | 20 | $61,000 |
| Cindy Wright | President Officer | 13 | $0 |
| Joel Webb | Treasurer Officer | 10 | $0 |
| Cameron McBride | Secretary Officer | 10 | $0 |
| Blake Walker | Director Trustee or director | 10 | $0 |
| Kile Bateman | Director Trustee or director | 15 | $0 |
| Colby Van Sickler | Director Trustee or director | 3 | $0 |
| Kristen Grogan | Director Trustee or director | 0 | $0 |
| Jeff Nacol | Director Trustee or director | 0 | $0 |
| Tamara Graff | Director Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Darrell Trout | Exec Director Trustee or director | 40 | $60,000 |
| Cindy Wright | President Officer | 5 | $0 |
| Joel Webb | Treasurer Officer | 5 | $0 |
| Cameron McBride | Secretary Officer | 10 | $0 |
| Blake Walker | Director Trustee or director | 5 | $0 |
| Kile Bateman | Director Trustee or director | 5 | $0 |
| Colby Van Sickler | Director Trustee or director | 5 | $0 |
| Kristen Grogan | Director Trustee or director | 5 | $0 |
| Jeff Nacol | Director Trustee or director | 5 | $0 |
| Tamara Graff | Director Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 2028 MAURINE ST, WICHITA FALLS, TX 76306-6136
- In care of
- % KILE BATEMAN
- Mailing address (990-N for 2013)
- 3800 BARNETT ROAD, WICHITA FALLS TX 76310
- Principal officer (990 for 2024)
- Joel Webb, 1575 Knot Rd, Roanoke, TX 76262
- Principal officer (990-N for 2013)
- KILE BATEMAN, 3800 BARNETT ROAD, WICHITA FALLS TX 76310
- Signed the 990
- Joel Webb, Treasurer
- Phone
- (817) 201-0034
- Website
- www.phasedin.org
- Return prepared by
- HATTER & ASSOCIATES LLP
Mission
Phased In is a transitional living program for emancipated youth. Our goal is to assist these young adults in learning basic life skills that will prepare them for independent living by providing housing, education, medical care, and life skills training.
Program accomplishments
- 1,500 youth phase out of the foster care system each year in the state of Texas alone. Half of those young people will be homeless after their 18th birthday. About the same number will enter a life of drug or alcohol addiction. Many of the girls will end up pregnant before their 21st birthday. It has become such an epidemic that the prison systems of America base their future population on the number of youth who phase out of foster care. The Phased In Wichita Falls Campus and the Arlington Sunrise Campus house male and female residents in separate dormatories, assisting each resident to find employment and also explore and set their personal education goals for the future.Expenses $503,555
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-4123649
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L40)
- Assets (IRS master file)
- $1,701,457
- Income (IRS master file)
- $792,406
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $749,143 | $548,665 | $1,701,457 | XML |
| 990 | December 2023 | $362,616 | $433,397 | $1,538,713 | XML |
| 990 | December 2022 | $919,728 | $399,192 | $1,523,818 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
| 990-N for 2013 Officer: KILE BATEMAN | December 31, 2013 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-4123649).
Questions about PHASED IN
- What is the EIN of PHASED IN?
- The employer identification number (EIN) of PHASED IN is 46-4123649.
- Is PHASED IN tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to PHASED IN tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PHASED IN file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PHASED IN due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PHASED IN last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of PHASED IN?
- The 990 for the year ended December 31, 2024 names Joel Webb.
- Who are the officers and directors of PHASED IN?
- The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $61,000 (Darrell Trout, Exec Director).
- How much revenue does PHASED IN have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $749,143, expenses of $548,665 and total assets of $1,701,457 at year end.
Other nonprofits in WICHITA FALLS
- HABITAT FOR HUMANITY INTERNATIONAL INC EIN 75-2405936 · last filed 990 for 2025
- CHRISTMAS IN ACTION WICHITA TX INC EIN 75-2378718 · last filed 990 for 2024
- HOME FOR FREEDOM INC EIN 81-2898686 · last filed 990-N for 2024
- UNITED REGIONAL HEALTH CARE SYSTEM INC EIN 75-1912147 · last filed 990 for 2024
- WORK SERVICES CORPORATION EIN 75-2247311 · last filed 990 for 2025
- UNION SQUARE CREDIT UNION EIN 75-0971964 · last filed 990 for 2024
- NORTH CENTRAL TEXAS COMMUNITY HEALTH CARE CENTER INC EIN 75-2429644 · last filed 990 for 2025
- UNITED REGIONAL PHYSICIAN GROUP EIN 75-2925491 · last filed 990 for 2024
All nonprofits in WICHITA FALLS · Texas · Housing and shelter