NORTHEASTERN ECONOMIC DEVELOPMENT COMPANY OF PA (EIN 010687154) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Phone

5704576726

Tax Period

2025-01-01 to 2025-12-31

NORTHEASTERN ECONOMIC DEVELOPMENT COMPANY OF PA, founded in 2005, is a small nonprofit in the Community Improvement sector that reported $258K in total revenue in fiscal year 2025. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $237K left a modest 8% surplus.

Mission

ENHANCING THE AVAILABILITY OF EMPLOYMENT OPPORTUNITIES

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $258,240

Investment Income $0

Other Revenue $0

TOTAL REVENUE $258,240

Expense Breakdown

Grants Paid $0

Salaries & Benefits $165,208

Fundraising Expenses $0

Program Expenses $151,635

Other Expenses $71,835

TOTAL EXPENSES $237,043

Year-over-Year Comparison

	2025	2024	Change
Revenue	$258,240	$233,045	+0.1%
Expenses	$237,043	$223,757	+0.1%
Net Income	$21,197	$9,288	+1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$72,754

Total Directors

$72,754

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Fred Rinaldi	President	40.00	Officer Director	$72,754	$0	$72,754
William Rinaldi	Chair	15.00	Officer Director	$0	$0	$0
Alan Swantek	Secretary	20.00	Officer Director	$0	$0	$0
Joseph Riviello	Asst Secretary	5.00	Officer Director	$0	$0	$0
Thomas Rainey	Treasurer	10.00	Officer Director	$0	$0	$0
Joseph Comerota	Director	5.00	Director	$0	$0	$0
Kimberly Santarsie	Director	5.00	Director	$0	$0	$0
Mark Bennett	Director	5.00	Director	$0	$0	$0
Raymond Angeli	Director	5.00	Director	$0	$0	$0
Nicholas Parise	Director	5.00	Director	$0	$0	$0
Paul Walsh	Director	5.00	Director	$0	$0	$0
James Worobey	Director	5.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$258,240	$237,043	$117,134	$21,197
2024	No data	No data	No data	No data
2023	$247,257	$250,761	$101,735	$-3,504
2022	$278,511	$250,347	$119,925	$28,164
2021	$270,828	$265,258	$41,265	$5,570
2020	$228,507	$238,829	$34,347	$-10,322
2019	$215,625	$239,935	$46,725	$-24,310
2018	$218,601	$234,400	$68,743	$-15,799

NORTHEASTERN ECONOMIC DEVELOPMENT COMPANY OF PA