Golden Slipper Club & Charities Inc

EIN: 236430340 501(c)(3) Community Improvement

Bala Cynwyd, PA

Total Revenue
$393,806
Total Expenses
$337,754
Total Assets
$1,075,194
Net Assets
$974,358
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
PA
Principal Officer
Neil Jacobson
Phone
6106600510
Tax Period
2023-10-01 to 2024-09-30

Golden Slipper Club & Charities Inc, founded in 1990, is a small nonprofit in the Community Improvement sector that reported $394K in total revenue in fiscal year 2023. Revenue surged 43% from the prior year, signaling strong growth momentum. Expenses of $338K left a modest 14% surplus.

Mission

TO PROVIDE PROGRAM SERVICES AND CHARITABLE ACTIVITIES TO SENIOR CITIZENS, CHILDREN IN NEED, AND THE GENERAL PUBLIC WHEN CONSIDERED APPROPRIATE.

Program Service Accomplishments

Program 1
Expenses: $156,202 Revenue: $31,145

THE ORGANIZATION PROVIDED FINANCIAL AID AND RECREATIONAL ACTIVITIES TO UNDERPRIVILEGED CHILDREN, STUDENTS AND ELDERLY IN NEED OF FINANCIAL ASSISTANCE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $340,475
Program Service Revenue $0
Investment Income $22,186
Other Revenue $31,145
TOTAL REVENUE $393,806

Expense Breakdown

Grants Paid $106,705
Salaries & Benefits $111,475
Fundraising Expenses $45,958
Program Expenses $156,202
Other Expenses $119,574
TOTAL EXPENSES $337,754

Year-over-Year Comparison

2023 2022 Change
Revenue $393,806 $276,300 +0.4%
Expenses $337,754 $321,649 +0.1%
Net Income $56,052 $-45,349 -2.2%
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

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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
12
Independent Members
12
Employees
2
Volunteers
12

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
10
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
neil jacobson President 10.0
Officer Director
$0 $0 $0
jill caine vice President 0.2
Officer Director
$0 $0 $0
neil haimm Vice President 0.2
Officer Director
$0 $0 $0
robert schiller Vice President 0.2
Officer Director
$0 $0 $0
dean siegel Vice President 0.2
Officer Director
$0 $0 $0
michael simon vice President 0.2
Officer Director
$0 $0 $0
alan jacobson assistant to the president 0.2
Officer Director
$0 $0 $0
Rabbi Eric Yanoff Chaplain 0.2
Director
$0 $0 $0
david levy Trustee 0.2
Director
$0 $0 $0
jacob leace secretary 0.2
Officer Director
$0 $0 $0
David simon chairman of the Board 0.2
Officer Director
$0 $0 $0
ira feldman treasurer 0.2
Officer 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
2024 $393,806 $337,754 $1,075,194 $56,052
2023 $276,300 $321,649 $1,040,934 $-45,349
2022 $292,145 $332,391 $905,070 $-40,246
2021 $353,414 $255,879 $1,032,727 $97,535
2020 $462,556 $422,115 $883,376 $40,441
2019 $596,057 $576,222 $835,466 $19,835
2019 $593,924 $575,920 $847,697 $18,004
2018 $698,385 $700,948 $825,838 $-2,563
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