SUNRISE OF PHILADELPHIA

EIN: 233043690 501(c)(3) Education

PHILADELPHIA, PA

Total Revenue
$6,956,844
Total Expenses
$5,146,499
Total Assets
$12,752,701
Net Assets
$12,344,409
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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
2000
Legal Domicile
PA
Principal Officer
ANTHONY LAMORGIA
Phone
2159522730
Tax Period
2024-07-01 to 2025-06-30

SUNRISE OF PHILADELPHIA, founded in 2000, is a community nonprofit in the Education sector that reported $7.0M in total revenue in fiscal year 2024. The organization ran a surplus of $1.8M, a strong 26% operating margin.

Mission

EDUCATIONAL SERVICES...THE MISSION OF SUNRISE OF PHILADELPHIA IS TO SUPPORT YOUTH WHO FACE ADVERSITY IN DISCOVERING THEIR STRENGTHS, EXPERIENCING SUCCESS AND PREPARING FOR THEIR FUTURES. SINCE 1999, WE HAVE PROVIDED HIGH QUALITY EDUCATIONAL AND YOUTH DEVELOPMENT PROGRAMS. SUNRISE HAS A PROVEN TRACK RECORD AND STRONG WORKING RELATIONSHIPS WITHIN SOUTH PHILADELPHIA. WE PROVIDE ACADEMIC ENRICHMENT, CAREER AND COLLEGE PROGRAMMING AND WORKFORCE DEVELOPMENT TO OVER 1,000 YOUTH ANNUALLY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $6,566,970
Program Service Revenue $0
Investment Income $389,874
Other Revenue $0
TOTAL REVENUE $6,956,844

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,801,066
Fundraising Expenses $6,797
Program Expenses $4,346,897
Other Expenses $2,345,433
TOTAL EXPENSES $5,146,499

Year-over-Year Comparison

2024 2023 Change
Revenue $6,956,844 $6,879,720 +0.0%
Expenses $5,146,499 $4,052,589 +0.3%
Net Income $1,810,345 $2,827,131 -0.4%
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
7
Independent Members
7
Employees
181
Volunteers
10

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
2
$241,443
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VINCENT J LITRENTA Executive Dir. 40.00
Officer
$157,781 $0 $157,781
ANTHONY LAMORGIA CFO 40.00
Officer
$83,662 $0 $83,662
ANTHONY DI PIETRO Secretary 0.00
Director
$0 $0 $0
DIANA BANH Treasurer 0.00
Director
$0 $0 $0
MICHAEL ROSMAN Chairman 0.00
Director
$0 $0 $0
FRANK ROBINSON Vice Chair 0.00
Director
$0 $0 $0
JOSH SMARGIASSI Board Member 0.00
Director
$0 $0 $0
DR DONNA RANDOLPH Board Member 0.00
Director
$0 $0 $0
JOSEPH BLANDO Board Member 0.00
Director
$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 $6,956,844 $5,146,499 $12,752,701 $1,810,345
2024 $6,879,720 $4,052,589 $10,907,732 $2,827,131
2023 $6,308,089 $3,100,291 $8,229,855 $3,207,798
2022 $3,950,656 $2,083,928 $5,895,653 $1,866,728
2021 $2,944,555 $1,753,292 $4,845,077 $1,191,263
2021 $2,895,623 $1,775,308 $4,743,969 $1,120,315
2020 $2,700,759 $1,600,991 $3,401,270 $1,099,768
2019 $2,678,871 $2,164,445 $2,401,276 $514,426
2018 $1,854,009 $1,265,237 $1,688,032 $588,772
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