DOYLESTOWN, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BUCKS COUNTY ECONOMIC DEVELOPMENT CORPORATION, founded in 1958, is a small nonprofit that reported $424K in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Expenses of $709K exceeded revenue, resulting in a 67% operating deficit.
THE MISSION OF THE BUCKS COUNTY ECONOMIC DEVELOPMENT CORPORATION (BCEDC) IS TO CREATE A STRONG AND VITAL ECONOMIC BASE THROUGH THE PRESERVATION AND CREATION OF JOB OPPORTUNITIES FOR BUCKS COUNTY RESIDENTS. THE BCEDC ASSISTS COMPANIES WITH START UP, EXPANSION AND/OR RELOCATION PLANNING BY PROVIDING LONG-TERM, LOW INTEREST LOANS FOR LAND, BUILDINGS, MACHINERY AND EQUIPMENT. VARIOUS PROGRAMS ARE COMBINED TO CREATE INNOVATIVE FINANCING ALTERNATIVES AT LOWER THAN CONVENTIONAL RATES. INCENTIVES TO EXPAND IN BUCKS COUNTY INCLUDE LOW INTEREST LOAN THROUGH THE COUNTY, THE COMMONWEALTH OF PENNSYLVANIA AND US SMALL BUSINESS ADMINISTRATION.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $423,827 | $508,796 | -0.2% |
| Expenses | $709,234 | $695,383 | +0.0% |
| Net Income | $-285,407 | $-186,587 | +0.5% |
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 |
|---|---|---|---|---|---|---|
| ROBERT F CORMACK | EXECUTIVE DI | 40.00 |
Officer
|
$204,744 | $10,157 | $214,901 |
| JIM PAWLIKOWSKI | KEY EMPLOYEE | 40.00 |
Highest
|
$130,790 | $6,228 | $137,018 |
| JAMES BLEAKLY | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID R BREIDINGER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PHIL EASTMAN | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| GERALD C FOREST | MEMBER AT LA | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER GOSHALL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DAN E HINES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| THOMAS KEISER | TREASURER/AS | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TOM KROL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GREGORY F KRUG | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT LATRONICA | VICE PRESIDE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ED LYDON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GEORGE NIBLOCK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SHERRI SCHULZ | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL BORSKI SR | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RICHARD B MILLHAM SR | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT STEINHART | MEMBER AT LA | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL TUR | ASST. TREASU | 1.00 |
Director
|
$0 | $0 | $0 |
| MAT ZOGLIO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $423,827 | $709,234 | $8,577,196 | $-285,407 |
| 2023 | $508,796 | $695,383 | $8,056,757 | $-186,587 |
| 2022 | $480,886 | $668,909 | $9,691,942 | $-188,023 |
| 2021 | $479,487 | $640,019 | $10,834,613 | $-160,532 |
| 2020 | $405,705 | $650,905 | $12,977,178 | $-245,200 |
| 2019 | $407,260 | $656,168 | $15,589,975 | $-248,908 |
| 2018 | $383,569 | $656,314 | $25,199,083 | $-272,745 |
Compare BUCKS COUNTY ECONOMIC DEVELOPMENT CORPORATION with other nonprofits in Pennsylvania and across the country.