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Passes our checks

Phoenix Multisport Inc

EIN 20-4648043 · Denver, CO

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood71 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE PHOENIX'S MISSION IS TO BUILD A SOBER ACTIVE COMMUNITY THAT FUELS RESILIENCE AND HARNESSES THE TRANSFORMATIONAL POWER OF CONNECTION SO THAT TOGETHER WE RISE, RECOVER, AND LIVE.CONTINUED ON SCHEDULE OTHE PHOENIX HOSTS HUNDREDS OF WEEKLY SOBER EVENTS, INCLUDING ACTIVITIES LIKE YOGA, BOOK CLUBS, FITNESS CLASSES, MUSIC EVENTS, AND MORE, CREATING SAFE AND INCLUSIVE SPACES WHERE INDIVIDUALS CAN CONNECT, BUILD FRIENDSHIPS, FIND SUPPORT, AND THRIVE. OUR COMMUNITY IS ACCESSIBLE BOTH IN-PERSON AND ON-LINE THROUGH OUR DIGITAL PLATFORM, ENSURING THAT ANYONE, ANYWHERE, AT ANY TIME, HAS ACCESS TO A SUPPORTIVE NETWORK THAT EMPOWERS THEM TO RISE, RECOVER AND LIVE.

Income
$23.1 million
Spending
$21.6 million
Spent on programs
71%
Reserves
1.5 months of spending
Largest source of income
donations and private grants, 85%
Employees
119
Volunteers
2,447
Highest pay
$292,153, president/executive 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

Good: 71 out of 100. Higher than 56% of charities in its peer group (mental health, $10m to $100m).

  • Reserves

    10 of 35

    Spendable reserves would cover 1.5 months of spending.

  • Debt

    16 of 20

    It owes 20% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 6% of income.

  • Income trend

    15 of 15

    Income rose 1% on the year before.

  • Spending floor

    15 of 15

    71% of spending went to programs and raising each dollar of donations cost 8 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

Strong: 100 out of 100. Higher than 37% of charities in its peer group (mental health, $10m to $100m).

  • Independent board

    25 of 25

    10 of 11 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports 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 (1)
  1. $15.3 million spent. PHOENIX MULTISPORT, INC. (DBA THE PHOENIX) IS A NONPROFIT ORGANIZATION DEDICATED TO TRANSFORMING LIVES IMPACTED BY SUBSTANCE USE. BY HARNESSING THE POWER OF SOCIAL CONNECTION AND MEANINGFUL ACTIVITIES, THE PHOENIX OFFERS A DIVERSE RANGE OF FREE, VOLUNTEER-LED EVENTS DESIGNED TO FOSTER COMMUNITY AND SUPPORT RECOVERY. IN 2024, THE PHOENIX CONTINUED ITS RAPID GROWTH, WELCOMING MORE THAN 320,000 NEW MEMBERS AND BRINGING TOTAL MEMBERSHIP TO NEARLY 700,000 NATIONWIDE. THIS EXPANSION REFLECTS THE ORGANIZATION'S ONGOING INVESTMENT IN TECHNOLOGY, OUTREACH, AND VOLUNTEER ENGAGEMENT EFFORTS THAT MAKE IT EASIER THAN EVER FOR INDIVIDUALS TO FIND BELONGING AND SUPPORT ON THEIR RECOVERY JOURNEYS. OUR MOBILE APP CONTINUES TO PLAY A KEY ROLE, CONNECTING MEMBERS TO IN-PERSON AND VIRTUAL PROGRAMMING THAT MEETS THEM WHEREVER THEY ARE. IN 2024, OUR VOLUNTEERS LED NEARLY 30,000 SOBER PHOENIX EVENTS ACROSS THE COUNTRY, ENSURING BROAD ACCESS TO LIFE-CHANGING PROGRAMS AND EMPOWERING MEMBERS TO GIVE BACK THROUGH LEADERSHIP AND SERVICE. THIS GROWING, VOLUNTEER-DRIVEN MOVEMENT IS AT THE HEART OF THE PHOENIX'S MISSION TO MAKE A SOBER, HEALTHY LIFE NOT ONLY POSSIBLE BUT ACCESSIBLE TO ANYONE SEEKING IT. AT THE PHOENIX, IT'S JUST A CLICK AWAY.

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

  1. 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 September 7, 2026.

  2. 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 September 30, 2026.

  3. 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 September 10, 2026.

  4. 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 September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since December 2006.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. 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 October 7, 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.