PHILADELPHIA, PA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)SCHUYLKILL RIVER DEVELOPMENT CORPORATION, founded in 1992, is a community nonprofit in the Community Improvement sector that reported $2.0M in total revenue in fiscal year 2024. The organization ran a surplus of $343K, a strong 17% operating margin.
SRDC IS REVITALIZING PHILADELPHIA'S TIDAL SCHUYLKILL RIVER CORRIDOR INTO AN ASSET THAT CONNECTS NEIGHBORHOODS AND ENCOURAGES INVESTMENT. WORKING WITH THE CITY AND STAKEHOLDERS TO BUILD, MAINTAIN, AND PROGRAM SCHUYLKILL BANKS, SRDC DRIVES IMPROVEMENTS IN RECREATION AND TRANSPORTATION, COMMUNITY AND ECONOMIC DEVELOPMENT, PUBLIC HEALTH, AND ENVIRONMENTAL STEWARDSHIP, BENEFITING NEIGHBORS, PHILADELPHIA AND THE REGION.
CAPITAL PROJECTS - GOAL IS TO PROMOTE AND ASSIST IN THE CREATION OF A PUBLIC PARK, TRAIL AND GREENWAY ALONG THE BANKS OF THE TIDAL SCHUYLKILL RIVER IN THE CITY OF PHILADELPHIA.
MAINTENANCE PROGRAM - SRDC HAS AN AGREEMENT WITH PHILADELPHIA PARKS AND RECREATION TO SHARE CERTAIN MAINTENANCE RESPONSIBILITY FOR SCHUYLKILL BANKS. THIS PUBLIC-PRIVATE PARTNERSHIP LESSENS THE BURDEN...
MAINTENANCE PROGRAM - SRDC HAS AN AGREEMENT WITH PHILADELPHIA PARKS AND RECREATION TO SHARE CERTAIN MAINTENANCE RESPONSIBILITY FOR SCHUYLKILL BANKS. THIS PUBLIC-PRIVATE PARTNERSHIP LESSENS THE BURDEN ON GOVERNMENT AND INCREASES THE LEVEL OF UPKEEP ON SCHUYLKILL BANKS. THIS IN TURN MAKES THE SITE MORE ATTRACTIVE AND VALUABLE FROM A QUALITY OF LIFE STANDPOINT. MUCH OF THE WORK IS DONE BY VOLUNTEERS ESPECIALLY DURING THE SUMMER SEASON.
COMMUNITY PROGRAMMING - ANOTHER SRDC GOAL IS TO ENLIVEN SCHUYLKILL BANKS AND STRENGTHEN NEIGHBORHOOD CONNECTIONS BY CREATING ATTRACTIONS AND DESTINATIONS ALONG THE TRAIL AND GREENWAY. THIS IS DONE...
COMMUNITY PROGRAMMING - ANOTHER SRDC GOAL IS TO ENLIVEN SCHUYLKILL BANKS AND STRENGTHEN NEIGHBORHOOD CONNECTIONS BY CREATING ATTRACTIONS AND DESTINATIONS ALONG THE TRAIL AND GREENWAY. THIS IS DONE PARTIALLY THROUGH PUBLIC PROGRAMMING, SUCH AS OUTDOOR MOVIES, RIVER TOURS AND OTHER SPECIAL EVENTS. THESE ACTIVITIES CREATE A DESIRE TO BE ON THE BANKS AND TO ENJOY THE AMENITIES PROVIDED.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,015,035 | $2,082,403 | 0.0% |
| Expenses | $1,672,260 | $1,705,111 | 0.0% |
| Net Income | $342,775 | $377,292 | -0.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOSEPH R SYRNICK | PRESIDENT/CEO | 52.0 |
Officer
|
$230,000 | $33,485 | $263,485 |
| BLAISE SYRNYCK | OPERATIONS MANAGER | 40.0 |
Highest
|
$107,500 | $20,580 | $128,080 |
| HEATHER SAEGER | COO | 40.0 |
Highest
|
$102,500 | $16,086 | $118,586 |
| GERARD H SWEENEY | CHAIRMAN | 1.5 |
Officer
Director
|
$0 | $0 | $0 |
| BRIAN KEECH | VICE CHAIRMAN | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| ANNE PAPAGEORGE | TREASURER | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| MARC J ARMSTRONG | BOARD MEMBER | 0.5 |
Director
|
$0 | $0 | $0 |
| KATHY CACCIOLA | BOARD MEMBER | 0.5 |
Director
|
$0 | $0 | $0 |
| MICHAEL CARROLL PE | BOARD MEMBER | 0.5 |
Director
|
$0 | $0 | $0 |
| PAMELA CLARK | BOARD MEMBER | 0.5 |
Director
|
$0 | $0 | $0 |
| SCOTT COOPER | BOARD MEMBER | 0.5 |
Director
|
$0 | $0 | $0 |
| DAVID K CUFF | BOARD MEMBER | 0.5 |
Director
|
$0 | $0 | $0 |
| PASQUALE T DEON | BOARD MEMBER | 0.5 |
Director
|
$0 | $0 | $0 |
| KAREN FEGELY | BOARD MEMBER | 0.5 |
Director
|
$0 | $0 | $0 |
| JENNIFER HANNA | BOARD MEMBER | 0.5 |
Director
|
$0 | $0 | $0 |
| KEOLA HARRINGTON | BOARD MEMBER | 0.5 |
Director
|
$0 | $0 | $0 |
| JODIE HARRIS | BOARD MEMBER | 0.5 |
Director
|
$0 | $0 | $0 |
| EDWARD HAZZOURI ESQ | BOARD MEMBER | 0.5 |
Director
|
$0 | $0 | $0 |
| KENNETH E LAWRENCE | BOARD MEMBER | 0.5 |
Director
|
$0 | $0 | $0 |
| AMIE LEOPOLD | BOARD MEMBER | 0.5 |
Director
|
$0 | $0 | $0 |
| JOSEPH MCGINN | BOARD MEMBER | 0.5 |
Director
|
$0 | $0 | $0 |
| JOHN MONDLAK | BOARD MEMBER | 0.5 |
Director
|
$0 | $0 | $0 |
| DONALD MOORE | BOARD MEMBER | 0.5 |
Director
|
$0 | $0 | $0 |
| ROBERT NIX III ESQ | BOARD MEMBER | 0.5 |
Director
|
$0 | $0 | $0 |
| RODNEY J OGLESBY | BOARD MEMBER | 0.5 |
Director
|
$0 | $0 | $0 |
| AREN PLATT | BOARD MEMBER | 0.5 |
Director
|
$0 | $0 | $0 |
| SUSAN SLAWSON | BOARD MEMBER | 0.5 |
Director
|
$0 | $0 | $0 |
| KAREN SMITH | BOARD MEMBER | 0.5 |
Director
|
$0 | $0 | $0 |
| JOHN WESTRUM | BOARD MEMBER | 0.5 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,015,035 | $1,672,260 | $10,506,264 | $342,775 |
| 2024 | $2,082,403 | $1,705,111 | $10,174,623 | $377,292 |
| 2023 | $2,338,721 | $3,069,841 | $9,714,516 | $-731,120 |
| 2022 | $2,826,046 | $2,606,789 | $9,834,379 | $219,257 |
| 2021 | $6,965,044 | $6,767,239 | $9,926,359 | $197,805 |
| 2020 | $5,202,918 | $4,526,328 | $9,646,784 | $676,590 |
| 2019 | $5,358,138 | $3,489,820 | $9,138,716 | $1,868,318 |
| 2018 | $4,653,514 | $4,481,269 | $6,995,345 | $172,245 |
Compare SCHUYLKILL RIVER DEVELOPMENT CORPORATION with other nonprofits in Pennsylvania and across the country.