LEHIGH & NORTHAMPTON COUNTY REVOLVING LOAN FUND

EIN: 232461494

BETHLEHEM, PA

Total Revenue
$5,245
Total Expenses
$6,480
Total Assets
$522,576
Net Assets
$521,447
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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

Legal Domicile
PA
Principal Officer
COLLEEN KRCELICH
Phone
6106915620
Tax Period
2020-07-01 to 2021-06-30

LEHIGH & NORTHAMPTON COUNTY REVOLVING LOAN FUND is a micro nonprofit that reported $5K in total revenue in fiscal year 2020. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $6K exceeded revenue, resulting in a 24% operating deficit.

Mission

THE ORGANIZATION PROVIDES LOANS TO SMALL OR START-UP BUSINESS VENTURES,THAT MAY NOT QUALIFY TO BANK STANDARDS, TO IMPROVE THE SOCIAL WELFARE OF ECONOMICALLY DEPRESSED OR BLIGHTED NEIGHBORHOODS OF THE COMMUNITY. DONOR/INVESTORS HAVE LOANED FUNDS FOR USE IN PROGRAM LENDING AT NO OR BELOW MARKET INTEREST. SEE SCHEDULE O FOR ADDITIONAL INFORMATION.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $4,382
Investment Income $863
Other Revenue $0
TOTAL REVENUE $5,245

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,185
Fundraising Expenses $0
Program Expenses $6,480
Other Expenses $3,295
TOTAL EXPENSES $6,480

Year-over-Year Comparison

2020 2019 Change
Revenue $5,245 $8,899 -0.4%
Expenses $6,480 $6,669 0.0%
Net Income $-1,235 $2,230 -1.6%
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
13
Independent Members
13
Employees
N/A
Volunteers
13

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
6
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
COLLEEN KRCELICH PRESIDENT 3.00
Officer Director
$0 $0 $0
OTIS MCNEIL VICE PRESIDE 3.00
Officer Director
$0 $0 $0
KIM EDWARDS TREASURER 3.00
Officer Director
$0 $0 $0
CHRIS JONES SECRETARY 3.00
Officer Director
$0 $0 $0
PAT CORPORA BOARD MEMBER 3.00
Director
$0 $0 $0
DAVID HAMMER BOARD MEMBER 3.00
Director
$0 $0 $0
SALLY HANDLON BOARD MEMBER 3.00
Director
$0 $0 $0
KARINA KANE BOARD MEMBER 3.00
Director
$0 $0 $0
JOHN W KINGSLEY BOARD MEMBER 3.00
Director
$0 $0 $0
ELIZABETH ORITZ BOARD MEMBER 3.00
Director
$0 $0 $0
LAUREN TAROLA BOARD MEMBER 3.00
Director
$0 $0 $0
TODD WATKINS BOARD MEMBER 3.00
Director
$0 $0 $0
NATASHA LJULJIC BOARD MEMBER 3.00
Director
$0 $0 $0
DAWN GODSHALL EXECUTIVE DI 2.00
Officer
$0 $0 $0
ALAN JENNINGS FORMER EXEC 2.00
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
2021 $5,245 $6,480 $522,576 $-1,235
2020 $8,899 $6,669 $523,438 $2,230
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