DELAWARE VALLEY INDUSTRIAL RESOURCE CENTER

EIN: 232531413 501(c)(3)

PHILADELPHIA, PA

Total Revenue
$7,748,135
Total Expenses
$7,190,556
Total Assets
$3,965,355
Net Assets
$2,896,013
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
PA
Principal Officer
CHRIS SCAFARIO
Phone
2154648550
Tax Period
2024-07-01 to 2025-06-30

DELAWARE VALLEY INDUSTRIAL RESOURCE CENTER, founded in 1988, is a community nonprofit that reported $7.7M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $7.2M left a modest 7% surplus.

Mission

DVIRC FOCUSES EXCLUSIVELY ON THE REGION'S MANUFACTURING COMMUNITY TO GROW BUSINESS VALUE THROUGH CONSULTING SERVICES, TRAINING AND EDUCATION AND NETWORKING.

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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 $3,700,591
Program Service Revenue $3,973,556
Investment Income $6,263
Other Revenue $67,725
TOTAL REVENUE $7,748,135

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,124,583
Fundraising Expenses $0
Program Expenses $4,828,626
Other Expenses $3,065,973
TOTAL EXPENSES $7,190,556

Year-over-Year Comparison

2024 2023 Change
Revenue $7,748,135 $8,262,183 -0.1%
Expenses $7,190,556 $7,851,335 -0.1%
Net Income $557,579 $410,848 +0.4%
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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Governance

Voting Members
13
Independent Members
13
Employees
42
Volunteers
10

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
$818,908
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANTHONY SCHWEIGER BOARD CHAIRMAN AND SECRETARY 1.00
Officer Director
$0 $0 $0
JAMES VISNIC BOARD MEMBER 1.00
Director
$0 $0 $0
JM HASSON BOARD MEMBER 1.00
Director
$0 $0 $0
KIP ANTHONY BOARD MEMBER 1.00
Director
$0 $0 $0
LISA SALLEY BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT ROSANIA COMPENSATION CHAIR 1.00
Director
$0 $0 $0
KEN BAKER BOARD MEMBER 1.00
Director
$0 $0 $0
ART BALZEREIT BOARD MEMBER 1.00
Director
$0 $0 $0
JON KIRCHNER BOARD MEMBER 1.00
Director
$0 $0 $0
MARYSHEILA MCDONALD BOARD MEMBER 1.00
Director
$0 $0 $0
KATHY REYNOLDS BOARD MEMBER 1.00
Director
$0 $0 $0
SAM THEVANAYAGAM BOARD MEMBER 1.00
Director
$0 $0 $0
PAUL TRAMO BOARD MEMBER 1.00
Director
$0 $0 $0
ANTHONY GIRIFALCO EXECUTIVE VICE PRESIDENT 37.50
Officer
$211,499 $39,564 $251,063
CHRISTOPHER SCAFARIO PRESIDENT / CHIEF EXECUTIVE OFFICER 37.50
Officer
$271,635 $49,455 $321,090
RINKU MODI CHIEF FINANCIAL OFFICER 37.50
Officer
$196,000 $50,755 $246,755
ELLEN HARVILLA DIRECTOR HR; TRAINING & ED 37.50
Highest
$163,808 $34,971 $198,779
GERALD ALAN SHELL DIRECTOR, CONTINUOUS IMPROVEMENT 37.50
Highest
$155,207 $15,054 $170,261
ROBERT CROSSETT REGIONAL VP, BUSINESS DEVE 37.50
Highest
$170,602 $15,893 $186,495
SYLVIA WOWER VP RESEARCH & STRAT. GROWT 37.50
Highest
$192,223 $17,017 $209,240
VIVEIENNE BAXTER SR. MANAGER, TRAINING & ORGANIZATION DEVELOPMENT 37.50
Highest
$146,552 $53,352 $199,904
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 $7,748,135 $7,190,556 $3,965,355 $557,579
2024 $8,262,183 $7,851,335 $3,356,326 $410,848
2023 $7,543,311 $7,629,953 $3,121,137 $-86,642
2022 $6,840,008 $6,595,790 $3,022,884 $244,218
2021 $7,894,285 $6,941,117 $2,959,574 $953,168
2020 $6,508,220 $6,454,578 $2,089,459 $53,642
2019 $7,650,003 $8,009,623 $2,984,000 $-359,620
2018 $7,213,955 $7,033,189 $2,461,131 $180,766
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