PASSYUNK AVENUE REVITALIZATION CORPORATION (EIN 232973751) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

ALEX BALLOON

Phone

2155515111

Tax Period

2025-01-01 to 2025-12-31

PASSYUNK AVENUE REVITALIZATION CORPORATION, founded in 1999, is a community nonprofit in the Community Improvement sector that reported $1.8M in total revenue in fiscal year 2025. Revenue surged 25% from the prior year, signaling strong growth momentum. Net assets of $4.8M represent 31 months of operating reserves.

Mission

NON-PROFIT REAL ESTATE DEVELOPMENT/MANAGEMENT COMPANY AND PUBLIC SPACE MAINTENANCE

🔒

Trantor Score

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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $987,390

Program Service Revenue $756,877

Investment Income $27,838

Other Revenue $60,588

TOTAL REVENUE $1,832,693

Expense Breakdown

Grants Paid $0

Salaries & Benefits $132,663

Fundraising Expenses $10,881

Program Expenses $1,878,299

Other Expenses $1,863,952

TOTAL EXPENSES $1,996,615

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,832,693	$1,463,502	+0.3%
Expenses	$1,996,615	$1,579,972	+0.3%
Net Income	$-163,922	$-116,470	+0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

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

$120,200

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER ANGELIDES	CHAIRMAN	5.00	Officer Director	$0	$0	$0
LAURA SLUTSKY	MEMBER	1.00	Officer Director	$0	$0	$0
SARAH ANTON	SECRETARY	1.00	Officer Director	$0	$0	$0
JENNIFER DOUGHERTY	TREASURER	1.00	Officer Director	$0	$0	$0
DIMITRIA DAVENPORT	MEMBER	0.25	Director	$0	$0	$0
MARIA SOURBEER	VICE CHAIRMAN	0.25	Director	$0	$0	$0
BRANDON TUBBY	MEMBER	0.25	Director	$0	$0	$0
JULIE DONOFRIO	MEMBER	0.25	Director	$0	$0	$0
ANDREW STOBER	MEMBER	0.25	Director	$0	$0	$0
MATT STEIN	MEMBER	0.25	Director	$0	$0	$0
ALEX FELDMAN	MEMBER	0.25	Director	$0	$0	$0
ALEX BALLOON	EXECUTIVE DIR.	40.00	Officer	$120,200	$0	$120,200

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	$1,832,693	$1,996,615	$6,572,498	$-163,922
2024	$1,463,502	$1,579,972	$6,779,264	$-116,470
2023	$1,318,254	$1,386,263	$6,986,892	$-68,009
2022	$1,122,096	$1,293,909	$7,101,902	$-171,813
2021	$1,104,430	$1,322,067	$7,663,585	$-217,637
2020	$1,134,219	$1,250,150	$8,085,587	$-115,931
2019	$845,275	$1,078,496	$8,043,971	$-233,221
2018	$738,188	$1,115,195	$8,335,671	$-377,007

PASSYUNK AVENUE REVITALIZATION CORPORATION