Phe Be Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE FOUNDATION PROVIDES VARIOUS COMMUNITY-BASED SERVICES THROUGH EDUCATION AND EMPOWERMENT TO LOW-INCOME AND UNDERSERVED COMMUNITY.
- Income
- $254,459
- Spending
- $210,115
- Spent on programs
- 91%
- Reserves
- 13.3 months of spending
- Largest source of income
- donations and private grants, 99%
- Employees
- 1
- Volunteers
- 0
- Highest pay
- $70,583, excutive director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 90 out of 100. Higher than 76% of charities in its peer group (human services, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 13.3 months of spending.
Debt
20 of 20It owes 12% of what it owns.
Living within its means
15 of 15Income exceeded spending by 17% of income.
Income trend
5 of 15Income fell 17% on the year before.
Spending floor
15 of 1590% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 82 out of 100. Higher than 65% of charities in its peer group (human services, $250k to $1m).
Independent board
25 of 2512 of 12 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $1,740 spent. WIRED 2 WORK PROGRAM - PROVIDES INTERNET ACCESS TO ELIGIBLE INDIVIDUALS, FAMILIES, AND HOUSEHOLDS WITHIN CUYAHOGA COUNTY
- $188,344 spent. FINANCIAL LITERACY PROGRAM - TEACHES YOUTH (STUDENTS; MINORITY) MALES, SINGLE MOTHERS, AND ADULTS ABOUT PERSONAL FINANCIAL MANAGEMENT, INCLUDING CREDIT AND BANKING, WEALTH BUILDING AND FINACIAL INDEPENDENCE. THIS PROGRAM PREPARES PARTICIPANTS TO INCREASE THEIR KNOWLEDGE ABOUT THEIR FINANCES AND HOW TO MAKE DECISIONS ABOUT THEIR FINANCIAL SITUATIONS.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2003.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.