READING, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NORTHMONT FELLOWSHIP ASSOCIATION OF READING PA, founded in 1933, is a small nonprofit in the Arts, Culture & Humanities sector that reported $260K in total revenue in fiscal year 2023. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $243K left a modest 7% surplus.
THE PURPOSE FOR WHICH THE CORPORATION IS FORMED IS TO CONDUCT A CLUB FOR THE PURPOSE OF PROVIDING REFRESHMENTS, ENTERTAINMENT AND SOCIAL DIVERSION TO ITS MEMBERS; AND FOR THESE PURPOSES TO HAVE, POSSESS, AND ENJOY ALL THE RIGHTS, BENEFITS, AND PRIVILEGES OF THE SAID ACT OF ASSEMBLY AND ITS SUPPLEMENTS; THAT IS A CORPORATION THAT DOES NOT CONTEMPLATE PECUNIARY GAIN OR PROFIT, INCIDENTAL OR OTHERWISE TO ITS MEMBERS.
PROVIDE FOOD AND BEVERAGES TO MEMBERS
TO PROVIDE MUSICAL ENTERTAINMENT TO MEMBERS
MEMBERSHIP DUES
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $260,264 | $361,478 | -0.3% |
| Expenses | $242,629 | $244,066 | 0.0% |
| Net Income | $17,635 | $117,412 | -0.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CHAD SPOHN | PRESIDENT | 10.00 |
Officer
Director
|
$12,500 | $0 | $12,500 |
| MICHAEL MALINOWSKI | VICE PRESIDENT | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHRIS OKONSKI | RECORDING SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MELISSA CARPENTER | FINANCIAL SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MIKE VIND | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MELISSA EGGERT | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| MARK HELLER | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| NICK STEBER | TRUSTEE | 2.00 |
Director
|
$8,380 | $0 | $8,380 |
| JEFF SCHAEFFER | TRUSTEE | 2.00 |
Director
|
$5,980 | $0 | $5,980 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $260,264 | $242,629 | $134,126 | $17,635 |
| 2022 | $361,478 | $244,066 | $116,491 | $117,412 |
| 2021 | $131,525 | $125,581 | $24,069 | $5,944 |
| 2020 | $74,142 | $111,669 | $18,125 | $-37,527 |
| 2019 | $241,321 | $225,920 | $55,652 | $15,401 |
| 2018 | $218,424 | $227,187 | $30,251 | $-8,763 |
Compare NORTHMONT FELLOWSHIP ASSOCIATION OF READING PA with other nonprofits in Pennsylvania and across the country.