PHILLY SEEDS INC (EIN 232502758) - 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

2013

Legal Domicile

Principal Officer

CELESTE FIELDS

Phone

2156844229

Tax Period

2023-01-01 to 2023-12-31

PHILLY SEEDS INC, founded in 2013, is a community nonprofit in the Housing & Shelter sector that reported $1.0M in total revenue in fiscal year 2023. The organization ran a surplus of $229K, a strong 22% operating margin.

Mission

PHILLYSEEDS INC.'S MISSION IS TO PROVIDE SELF-SUFFICIENCY, EDUCATION, AND EMPOWERMENT OPPORTUNITIES TO RESIDENTS LIVING IN PUBLIC AND ASSISTED HOUSING THROUGH PROGRAMS, PHILANTHROPIC FUNDRAISING, COMMUNITY BASED PARTNERSHIPS AND SPECIAL INITIATIVES.

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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 $999,053

Program Service Revenue $0

Investment Income $35,441

Other Revenue $0

TOTAL REVENUE $1,034,494

Expense Breakdown

Grants Paid $529,160

Salaries & Benefits $75,192

Fundraising Expenses $7,259

Program Expenses $706,160

Other Expenses $201,554

TOTAL EXPENSES $805,906

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,034,494	$981,859	+0.1%
Expenses	$805,906	$634,848	+0.3%
Net Income	$228,588	$347,011	-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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CELESTE FIELDS	PRESIDENT	10.00	Officer Director	$0	$0	$0
ANDREA BOWMAN	CHAIR AND DIRECTOR	5.00	Officer Director	$0	$0	$0
KELVIN JEREMIAH	FOUNDER AND DIRECTOR	2.00	Director	$0	$0	$0
ANNIE CHENG	DIRECTOR	2.00	Director	$0	$0	$0
CINNAYA DEMBY	DIRECTOR	2.00	Director	$0	$0	$0
ERIC SCHNEIDERREIT	TREASURER	10.00	Officer	$0	$0	$0
BROOKE MCCAIN	BUSINESS MANAGER	10.00	Officer	$0	$0	$0
BRITTLEA KEITH	SECRETARY	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
2024	No data	No data	No data	No data
2023	$1,034,494	$805,906	$2,394,448	$228,588
2022	$981,859	$634,848	$2,012,884	$347,011
2021	$1,139,567	$664,463	$1,819,013	$475,104
2020	$1,139,282	$534,470	$1,324,327	$604,812
2019	$677,972	$519,332	$812,809	$158,640
2018	$589,243	$481,767	$583,224	$107,476

PHILLY SEEDS INC