SELINSGROVE PROJECTS INCORPORATED

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Principal Officer

CAROL HANDLAN

Phone

5703724131

Tax Period

2024-01-01 to 2024-12-31

SELINSGROVE PROJECTS INCORPORATED, founded in 1985, is a small nonprofit in the Recreation & Sports sector that reported $141K in total revenue in fiscal year 2024. Expenses of $131K left a modest 8% surplus.

Mission

THE ORGANIZATION'S PRIMARY FOCUS IS ON COMMUNITY REVITALIZATION.

Program Service Accomplishments

Program 1

Expenses: $110,349 Revenue: $84,186

THOUSANDS OF PEOPLE ARE BROUGHT TO THE AREA BY COORDINATION OF SEVERAL ANNUAL EVENTS HELD IN DOWNTOWN SELINSGROVE. THEY ARE THE MARKET STREET FESTIVAL, BREWFEST, HALLOWEEN PARADE, SELINSGROVE WHITE CHRISTMAS CELEBRATION, MOVIE NIGHTS AT THE ROTARY FIELD, FARMER'S MARKET AND THE RUDY GELNETT SUMMER MUSIC SERIES ON THE SELINSGROVE COMMONS.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $48,317

Program Service Revenue $78,744

Investment Income $8,759

Other Revenue $5,442

TOTAL REVENUE $141,262

Expense Breakdown

Grants Paid $10,764

Salaries & Benefits $9,265

Fundraising Expenses $0

Program Expenses $110,349

Other Expenses $110,532

TOTAL EXPENSES $130,561

Year-over-Year Comparison

	2024	2023	Change
Revenue	$141,262	$137,682	+0.0%
Expenses	$130,561	$129,601	+0.0%
Net Income	$10,701	$8,081	+0.3%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROL L HANDLAN	PRESIDENT	1.00	Officer Director	$0	$0	$0
RICHARD P MEASE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JAMIEE JOINER	SECRETARY	1.00	Officer Director	$0	$0	$0
WILLIAM BUCHER	TREASURER	1.00	Officer 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
2024	$141,262	$130,561	$536,409	$10,701
2023	$137,682	$129,601	$528,274	$8,081
2022	$129,242	$98,858	$504,126	$30,384
2020	$14,903	$53,005	$446,026	$-38,102
2019	$116,758	$136,420	$484,128	$-19,662
2018	$126,616	$106,953	$503,790	$19,663