BUSINESS ASSOCIATION OF WEST PARKSIDE INC

EIN: 232750956 501(c)(3) Community Improvement

Philadelphia, PA

Total Revenue
$502,851
Total Expenses
$507,027
Total Assets
$34,419
Net Assets
$34,169
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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
2022
Legal Domicile
PA
Phone
2158772172
Tax Period
2025-01-01 to 2025-12-31

BUSINESS ASSOCIATION OF WEST PARKSIDE INC, founded in 2022, is a small nonprofit in the Community Improvement sector that reported $503K in total revenue in fiscal year 2025. Revenue surged 67% from the prior year, signaling strong growth momentum.

Mission

TO PRESERVE, MAINTAIN AND ENHANCE THE QUALITY OF LIFE IN THE PHILADELPHIA REGION AND SPECIFICALLY THE GREATER WEST PARKSIDE AREA.

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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 (2025)

Revenue Breakdown

Contributions & Grants $495,646
Program Service Revenue $6,820
Investment Income $0
Other Revenue $385
TOTAL REVENUE $502,851

Expense Breakdown

Grants Paid $0
Salaries & Benefits $397,504
Fundraising Expenses $0
Program Expenses $90,013
Other Expenses $109,523
TOTAL EXPENSES $507,027

Year-over-Year Comparison

2025 2024 Change
Revenue $502,851 $300,674 +0.7%
Expenses $507,027 $312,045 +0.6%
Net Income $-4,176 $-11,371 -0.6%
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
N/A
Independent Members
N/A
Employees
11
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
3
$0
Total Directors
0
$0
Key Employees
13
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARJORIE OGILVIE VICE PRESIDENT 2.00
Officer
$0 $0 $0
DENNIS LEE PRESIDENT 2.00
Officer
$0 $0 $0
MAURA MCCARTHY BOARD MEMBER 2.00
Officer
$0 $0 $0
MILLER PARKER CO TREASURER 2.00
Key Emp
$0 $0 $0
ROBERT ZAKIAN CO TREASURER 2.00
$0 $0 $0
ALEXANDRA MCFADDEN BOARD MEMBER 1.00
Key Emp
$0 $0 $0
ANTHONY SLADE BOARD MEMBER 1.00
Key Emp
$0 $0 $0
JAMES BURNETT BOARD MEMBER 1.00
Key Emp
$0 $0 $0
BARRY BECKER BOARD MEMBER 1.00
Key Emp
$0 $0 $0
CORLISS JACKSON BOARD MEMBER 1.00
Key Emp
$0 $0 $0
NIKOLE PAPAS BOARD MEMBER 1.00
Key Emp
$0 $0 $0
PHILIP PARKS BOARD MEMBER 1.00
Key Emp
$0 $0 $0
PHILIP KELTON BOARD MEMBER 1.00
Key Emp
$0 $0 $0
HAKEM ABDUS SALAAM BOARD MEMBER 1.00
Key Emp
$0 $0 $0
NATALIE WILTSHIRE BOARD MEMBER 1.00
Key Emp
$0 $0 $0
LUCINDA HUDSON BOARD MEMBER 1.00
Key Emp
$0 $0 $0
GAIL YOUNG BOARD MEMBER 1.00
Key Emp
$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 $502,851 $507,027 $34,419 $-4,176
2024 $300,674 $312,045 $38,119 $-11,371
2023 $225,709 $221,083 $47,017 $4,626
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