PENNSYLVANIA ASSISTIVE TECHNOLOGY … - Form 990 Financial Data

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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

1998

Legal Domicile

Principal Officer

WILL HALL

Phone

4846740506

Tax Period

2024-07-01 to 2025-06-30

PENNSYLVANIA ASSISTIVE TECHNOLOGY FOUNDATION, founded in 1998, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.5M in total revenue in fiscal year 2024. Revenue surged 64% from the prior year, signaling strong growth momentum. The organization ran a surplus of $403K, a strong 16% operating margin.

Mission

PATF PROVIDES FINANCING OPPORTUNITIES, EDUCATION, AND ADVOCACY FOR PEOPLE WITH DISABILITIES AND OLDER PENNSYLVANIANS, HELPING THEM TO ACQUIRE THE ASSISTIVE TECHNOLOGY DEVICES AND SERVICES THAT IMPROVE THE QUALITY OF THEIR LIVES.

Program Service Accomplishments

Program 1

Expenses: $1,752,945 Revenue: $415,000

PENNSYLVANIA ASSISTIVE TECHNOLOGY FOUNDATION (PATF) IS A NON-PROFIT, STATE-ACCREDITED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) AND PA'S ALTERNATIVE FINANCING PROGRAM, AS DESIGNATED BY THE 21ST CENTURY ASSISTIVE TECHNOLOGY ACT, THAT PROVIDES NO-INTEREST MINI-LOANS ($100 TO $7,000) TO QUALIFIED APPLICANTS FOR THE PURCHASE OF ASSISTIVE TECHNOLOGY DEVICES AND SERVICES. PATF MAY ALSO AWARD A PARTIAL GRANT TO THOSE BORROWERS WHO MEET ELIGIBILITY GUIDELINES. SEE SCHEDULE O FOR CONTINUATION.IN ADDITION, PATF IS A CREDIT BROKER AND HAS CONTRACTED WITH FIRST BANK, UNIVEST BANK, AND WSFS BANK TO EXTEND LOW-INTEREST LOANS ($7,001 TO $60,000) FOR ASSISTIVE TECHNOLOGY. PATF MAY PROVIDE A LOAN GUARANTEE (UP TO $45,000) SHOULD AN APPLICANT'S CREDIT NOT MEET TRADITIONAL LENDING STANDARDS, BUT THEY CAN DEMONSTRATE AN ABILITY AND WILLINGNESS TO REPAY A LOAN. PATF STAFF PROVIDES EXTENSIVE INFORMATION AND ASSISTANCE SERVICES TO PENNSYLVANIANS REGARDING OTHER POSSIBLE FUNDING SOURCES. PATF'S PRODUCTS AND SERVICES ALSO INCLUDE FINANCIAL EDUCATION AND COACHING, ALL UNDERWRITING ACTIVITIES RELATED TO BORROWING, AND THE REPORTING OF REPAYMENTS TO CREDIT BUREAUS SO THAT BORROWERS HAVE AN OPPORTUNITY TO IMPROVE THEIR OVERALL CREDIT WORTHINESS.

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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 $1,937,518

Program Service Revenue $415,000

Investment Income $104,583

Other Revenue $1,181

TOTAL REVENUE $2,458,282

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,574,989

Fundraising Expenses $87,371

Program Expenses $1,752,945

Other Expenses $480,247

TOTAL EXPENSES $2,055,236

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,458,282	$1,496,538	+0.6%
Expenses	$2,055,236	$2,054,093	+0.0%
Net Income	$403,046	$-557,555	-1.7%

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

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

$171,308

Total Directors

$93,510

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EVAN DAVIS	INTERIM CEO THRU AUG, SECRETARY AS OF MAY	2.00	Officer Director	$93,510	$0	$93,510
NANCY MURRAY	PRESIDENT	2.00	Officer Director	$0	$0	$0
DALE VERCHICK	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
MITCH BILKER	TREASURER	2.00	Officer Director	$0	$0	$0
DEREK BAKER ESQ	IMMEDIATE PAST PRESIDENT	2.00	Officer Director	$0	$0	$0
LISA BRYANT	DIRECTOR	1.00	Director	$0	$0	$0
JEFFREY W COOPER	DIRECTOR	1.00	Director	$0	$0	$0
KAY TYBERG	DIRECTOR	1.00	Director	$0	$0	$0
HEIDI E SHEEHAN CPA	DIRECTOR	1.00	Director	$0	$0	$0
LISA M ROBINSON	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES W HORTON JR	DIRECTOR	1.00	Director	$0	$0	$0
SOLOMON LEACH	DIRECTOR AS OF DECEMBER	1.00	Director	$0	$0	$0
SARAH DIELEMAN PERRY	DIRECTOR AS OF DECEMBER	1.00	Director	$0	$0	$0
SYBILLE DAMAS	DIRECTOR THRU FEBRUARY	1.00	Director	$0	$0	$0
WILL HALL	CEO AS OF AUGUST	32.50	Officer	$63,376	$14,422	$77,798
ERIC SAUL	CHIEF FINANCIAL & LENDING OFFICER AS OF MARCH	37.50	Officer	$0	$0	$0
TRACY BECK	LENDING & OPERATIONS DIR THRU MARCH	37.50	Highest	$136,194	$24,732	$160,926

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	$2,458,282	$2,055,236	$3,441,306	$403,046
2024	$1,496,538	$2,054,093	$3,200,976	$-557,555
2023	$1,608,453	$1,862,324	$3,687,655	$-253,871
2022	$2,516,283	$1,646,515	$5,123,127	$869,768
2021	$1,824,548	$1,272,706	$4,660,360	$551,842
2020	$1,602,891	$1,225,982	$5,787,985	$376,909
2019	$1,176,706	$1,013,266	$4,770,213	$163,440

PENNSYLVANIA ASSISTIVE TECHNOLOGY FOUNDATION