DELAWARE VALLEY REGIONAL ECONOMIC DEVELOPMENT FUND (EIN 232801099) - 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

1994

Legal Domicile

Principal Officer

JOHN COFFMAN

Phone

2155317450

Tax Period

2024-07-01 to 2025-06-30

DELAWARE VALLEY REGIONAL ECONOMIC DEVELOPMENT FUND, founded in 1994, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2024. Revenue surged 21933% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 63% operating margin.

Mission

TO SERVE SOUTHEASTERN PENNSYLVANIA BY PROMOTING ECONOMIC DEVELOPMENT WITH JOB IMPACT, ASSISTING AREA ENTITIES TO SECURE NECESSARY CAPITAL TO GROW AND PROSPER, AND SUPPORTING AND PROMOTING TOURISM.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $347,360

Investment Income $1,479,191

Other Revenue $0

TOTAL REVENUE $1,826,551

Expense Breakdown

Grants Paid $33,931

Salaries & Benefits $137,720

Fundraising Expenses $0

Program Expenses $223,737

Other Expenses $510,845

TOTAL EXPENSES $682,496

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,826,551	$8,290	+219.3%
Expenses	$682,496	$702,921	0.0%
Net Income	$1,144,055	$-694,631	-2.6%

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

Governance

Voting Members

Independent Members

Employees

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

$110,230

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS J ELLIS	CHAIRMAN	10.00	Officer Director	$0	$0	$0
ANTHONY DISANDRO	TREASURER	5.00	Officer Director	$0	$0	$0
GAETANO PICCIRILLI	SECRETARY	3.00	Officer Director	$0	$0	$0
ALBERT MEZZAROBA	MEMBER	3.00	Director	$0	$0	$0
SEAN SCHAFER	MEMBER	3.00	Director	$0	$0	$0
JOHN COFFMAN	EXECUTIVE DIRECTOR	40.00	Officer	$107,020	$3,210	$110,230

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	$1,826,551	$682,496	$30,675,151	$1,144,055
2024	$8,290	$702,921	$28,048,097	$-694,631
2023	$1,185,199	$7,181,975	$28,149,503	$-5,996,776
2022	$2,146,988	$891,617	$35,443,943	$1,255,371
2021	$1,486,740	$717,135	$33,395,418	$769,605
2020	$-875,442	$1,955,276	$27,050,503	$-2,830,718
2019	$1,207,586	$857,940	$27,857,352	$349,646
2018	$1,339,978	$590,631	$27,282,421	$749,347

DELAWARE VALLEY REGIONAL ECONOMIC DEVELOPMENT FUND