THE COLLEGE SETTLEMENT OF PHILADELPHIA (EIN 231381440) - Form 990 Financial Analysis & Trantor Score

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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

1900

Legal Domicile

Principal Officer

NEIL WUMMER

Phone

2155427974

Tax Period

2024-01-01 to 2024-12-31

THE COLLEGE SETTLEMENT OF PHILADELPHIA, founded in 1900, is a community nonprofit in the Recreation & Sports sector that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $2.0M exceeded revenue, resulting in a 27% operating deficit.

Mission

OUR VISION IS TO SHAPE THE LIVES OF YOUNG PEOPLE BY INSTILLING RESPECT FOR SELF, OTHERS AND OUR NATURAL WORLD. OUR MISSION IS TO DELIVER A UNIQUE CAMP EXPERIENCE TO YOUNG PEOPLE CONCENTRATED IN THE GREATER PHILADELPHIA AREA, WITHOUT REGARD TO ECONOMIC CIRCUMSTANCES. OUR PROGRAMS FOSTER PERSONAL GROWTH, PROVIDE A SAFE, AFFORDABLE, AND NURTURING PLACE FOR YOUNG PEOPLE TO ENJOY THE OUTDOORS WHILE LEARNING ABOUT THEMSELVES, OTHERS AND THE ENVIRONMENT.

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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 $675,174

Program Service Revenue $350,562

Investment Income $272,543

Other Revenue $309,467

TOTAL REVENUE $1,607,746

Expense Breakdown

Grants Paid $0

Salaries & Benefits $780,882

Fundraising Expenses $135,009

Program Expenses $1,867,567

Other Expenses $1,260,041

TOTAL EXPENSES $2,040,923

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,607,746	$1,205,029	+0.3%
Expenses	$2,040,923	$1,787,661	+0.1%
Net Income	$-433,177	$-582,632	-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

Volunteers

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
NEIL WUMMER	PRESIDENT	6.00	Officer Director	$0	$0	$0
MATT SOLOFF	VICE PRESIDE	6.00	Officer Director	$0	$0	$0
PAUL MCCARTHY	SECRETARY	1.50	Officer Director	$0	$0	$0
ANDREW MARCH	TREASURER	1.50	Officer Director	$0	$0	$0
GRACE LOVELAND	ASST. SECRET	1.50	Officer Director	$0	$0	$0
CASEY COX	BOARD MEMBER	1.50	Director	$0	$0	$0
HENRY FRANZ	OFFICER AT L	1.50	Director	$0	$0	$0
STEVE HAMILTON	OFFICER AT L	1.50	Director	$0	$0	$0
PRINCE MOODY	BOARD MEMBER	1.50	Director	$0	$0	$0
RUSS WALTON	BOARD MEMBER	1.50	Director	$0	$0	$0
KARYN BONNER	COEXECUTIVE	40.00		$103,369	$0	$103,369
GISELLE COSENTINO	EXECUTIVE DI	20.00	Highest	$52,512	$0	$105,025
CLARENCE BAY ISZARD	FORMER BOARD	1.50	Director	$0	$0	$0
ROBERT KHURANA	BOARD MEMBER	1.50	Director	$0	$0	$0
JOE MCCREAVY	FORMER BOARD	1.50	Director	$0	$0	$0
JUDY MILLER	BOARD MEMBER	1.50	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	$1,607,746	$2,040,923	$14,251,789	$-433,177
2023	$1,205,029	$1,787,661	$12,299,257	$-582,632
2022	$2,233,080	$1,617,989	$11,847,544	$615,091
2021	$2,316,276	$1,233,815	$13,491,620	$1,082,461
2020	$1,888,051	$1,161,629	$12,634,585	$726,422
2019	$1,594,895	$1,440,974	$11,080,625	$153,921
2018	$1,785,117	$1,369,980	$9,996,148	$415,137

THE COLLEGE SETTLEMENT OF PHILADELPHIA