PRIVATE INDUSTRY COUNCIL OF LEHIGH VALLEY INC (EIN 232143985) - 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

1979

Legal Domicile

Principal Officer

ROBERT HRICHAK

Phone

6104375627

Tax Period

2023-07-01 to 2024-06-30

PRIVATE INDUSTRY COUNCIL OF LEHIGH VALLEY INC, founded in 1979, is a small nonprofit in the Employment sector that reported $580K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $518K left a modest 11% surplus.

Mission

IN RESPONSE TO BUSINESS NEEDS AND TO SUPPORT PENNSYLVANIANS WITH DISABILITIES TO ACHIEVE GREATER INDEPENDENCE, CHOICE AND OPPORTUNITY, PRIVATE INDUSTRY COUNCIL OF THE LEHIGH VALLEY, INC. (PIC) PROVIDES JOB PLACEMENT AND EMPLOYMENT OPPORTUNITIES, TRAINING AND RELATED SERVICES TO RESIDENTS OF LEHIGH AND NORTHAMPTON COUNTIES IN A PROFESSIONAL, ECONOMICAL AND QUALITY DRIVEN MANNER.

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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 (2023)

Revenue Breakdown

Contributions & Grants $7,453

Program Service Revenue $571,046

Investment Income $145

Other Revenue $1,576

TOTAL REVENUE $580,220

Expense Breakdown

Grants Paid $0

Salaries & Benefits $436,862

Fundraising Expenses $0

Program Expenses $454,977

Other Expenses $81,537

TOTAL EXPENSES $518,399

Year-over-Year Comparison

	2023	2022	Change
Revenue	$580,220	$520,698	+0.1%
Expenses	$518,399	$504,650	+0.0%
Net Income	$61,821	$16,048	+2.9%

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

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

$67,213

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT HRICHAK	DIR. OF OPER	40.00	Officer	$67,213	$0	$67,213
KENNETH D BUCK	CHAIRMAN	1.00	Officer Director	$0	$0	$0
KENNETH J GUERIN	DIRECTOR	1.00	Director	$0	$0	$0
EDWARD J MURRAY	DIRECTOR	1.00	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
2025	No data	No data	No data	No data
2024	$580,220	$518,399	$717,016	$61,821
2023	$520,698	$504,650	$654,229	$16,048
2022	$512,462	$423,893	$632,776	$88,569
2021	$420,299	$394,445	$596,072	$25,854
2020	$493,937	$440,790	$577,426	$53,147
2019	$477,662	$422,541	$452,936	$55,121
2018	$432,989	$406,470	$396,431	$26,519

PRIVATE INDUSTRY COUNCIL OF LEHIGH VALLEY INC