SUSQUEHANNA ECONOMIC DEVEL ASSOC DBA SEDA FOUNDATION INC

EIN: 231688806

LEWISBURG, PA

Total Revenue
$191,040
Total Expenses
$191,883
Total Assets
$1,120,639
Net Assets
$382,920
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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
1974
Legal Domicile
PA
Principal Officer
STEVE STEVENSON
Phone
5705244491
Tax Period
2024-07-01 to 2025-06-30

SUSQUEHANNA ECONOMIC DEVEL ASSOC DBA SEDA FOUNDATION INC, founded in 1974, is a small nonprofit that reported $191K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Net assets of $383K represent 24 months of operating reserves.

Mission

PROMOTE ECONOMIC DEVELOPMENT WITHIN THE GEOGRAPHIC AREA

Program Service Accomplishments

Program 1
Expenses: $184,515 Revenue: $189,025

RENTAL OF REAL PROPERTY TO PROMOTE ECONOMIC DEVELOPMENT IS THE ORGANIZATION'S MAIN TAX EXEMPT PURPOSE

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $189,025
Investment Income $2,015
Other Revenue $0
TOTAL REVENUE $191,040

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $184,515
Other Expenses $191,883
TOTAL EXPENSES $191,883

Year-over-Year Comparison

2024 2023 Change
Revenue $191,040 $205,311 -0.1%
Expenses $191,883 $205,865 -0.1%
Net Income $-843 $-554 +0.5%
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

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Governance

Voting Members
16
Independent Members
16
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
4
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PRESTON BOOP DIRECTOR N/A
Director
$0 $0 $0
ALLANA HARTUNG DIRECTOR N/A
Director
$0 $0 $0
MARK HIGGINS DIRECTOR N/A
Director
$0 $0 $0
PAUL EYERLY IV DIRECTOR N/A
Director
$0 $0 $0
FRED HOFFMAN JR DIRECTOR N/A
Director
$0 $0 $0
THOMAS KEIFFER DIRECTOR N/A
Director
$0 $0 $0
JANICE KOTWICA DIRECTOR N/A
Director
$0 $0 $0
DAVID MCKERNAN DIRECTOR N/A
Director
$0 $0 $0
MARK PARTNER DIRECTOR N/A
Director
$0 $0 $0
COLIN REYNOLDS DIRECTOR N/A
Director
$0 $0 $0
JEFFREY A SNYDER VICE PRESIDE N/A
Officer Director
$0 $0 $0
GERALD STAUFFER DIRECTOR N/A
Director
$0 $0 $0
STEVE STEVENSON PRESIDENT N/A
Officer Director
$0 $0 $0
JEREMIAH TROUT DIRECTOR N/A
Director
$0 $0 $0
THADDEUS WILL DIRECTOR N/A
Director
$0 $0 $0
JOHN YODER DIRECTOR N/A
Director
$0 $0 $0
JAMIE CARNES TREASURER N/A
Officer
$0 $0 $0
ROSEMARY ORNER SECRETARY N/A
Officer
$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 $191,040 $191,883 $1,120,639 $-843
2024 $205,311 $205,865 $1,141,477 $-554
2023 $204,941 $206,589 $1,166,109 $-1,648
2022 $212,675 $215,468 $1,190,684 $-2,793
2021 $230,670 $231,485 $1,425,333 $-815
2020 $238,458 $235,054 $1,460,796 $3,404
2019 $254,917 $244,133 $1,477,419 $10,784
2018 $250,465 $254,450 $1,476,024 $-3,985
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