Variety the Childrens Charity

EIN: 251098099 501(c)(3)

Wexford, PA

Total Revenue
$1,229,059
Total Expenses
$1,815,434
Total Assets
$1,408,794
Net Assets
$1,311,562
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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
1961
Legal Domicile
PA
Principal Officer
Tom Baker
Phone
7249330460
Tax Period
2023-10-01 to 2024-09-30

Variety the Childrens Charity, founded in 1961, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2023. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $1.8M exceeded revenue, resulting in a 48% operating deficit.

Mission

Provides adaptive equipment, including mobility and communication, for children with disabilities in selected counties in Pennsylvania and West Virginia.

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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 $1,195,119
Program Service Revenue $0
Investment Income $112,953
Other Revenue $-79,013
TOTAL REVENUE $1,229,059

Expense Breakdown

Grants Paid $1,075,097
Salaries & Benefits $616,580
Fundraising Expenses $125,081
Program Expenses $1,590,938
Other Expenses $123,757
TOTAL EXPENSES $1,815,434

Year-over-Year Comparison

2023 2022 Change
Revenue $1,229,059 $2,241,783 -0.5%
Expenses $1,815,434 $1,740,793 +0.0%
Net Income $-586,375 $500,990 -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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
26
Independent Members
26
Employees
10
Volunteers
58

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
$275,271
Total Directors
26
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Charles P LaVallee Former CEO 50.00
Officer
$152,185 $3,147 $155,332
Tom Baker CEO 50.00
Officer
$112,500 $7,439 $119,939
Michael L Schneck Chairman 3.00
Officer Director
$0 $0 $0
Tom W Corbett President 3.00
Officer Director
$0 $0 $0
Samir Hifri Board Member 1.00
Director
$0 $0 $0
Joyce Bender Board Member 1.00
Director
$0 $0 $0
Jessica A Galardini Vice President 3.00
Officer Director
$0 $0 $0
Keith E Loiselle Board Member 1.00
Director
$0 $0 $0
Thomas Little Board Member 1.00
Director
$0 $0 $0
Mark S Brennan Treasurer 3.00
Officer Director
$0 $0 $0
Mary Anne Eisenreich Board Member 1.00
Director
$0 $0 $0
Brian Tarquinio Board Member 1.00
Director
$0 $0 $0
Robert F Kozel Board Member 1.00
Director
$0 $0 $0
Craig Riner Board Member 1.00
Director
$0 $0 $0
Brian S Martin DMD Board Member 1.00
Director
$0 $0 $0
Joseph A Mycka Board Member 1.00
Director
$0 $0 $0
Roy A Powell Esq Board Member 1.00
Director
$0 $0 $0
Todd Edmunds V.P. Develop 3.00
Officer Director
$0 $0 $0
Jeffrey W Troutman CTP Board Member 1.00
Director
$0 $0 $0
Donald J Vidic Secretary 3.00
Officer Director
$0 $0 $0
Greg Bernarding Board Member 1.00
Director
$0 $0 $0
David A Wessel Board Member 1.00
Director
$0 $0 $0
Erin McDowell VP Programs 3.00
Officer Director
$0 $0 $0
Andrew Fisher Board Member 1.00
Director
$0 $0 $0
Dominic Sgro Board Member 1.00
Director
$0 $0 $0
Amy Dobkin Board Member 1.00
Director
$0 $0 $0
Joseph Toth Board Member 1.00
Director
$0 $0 $0
Randy Vulakovich VP Governance 3.00
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 $1,229,059 $1,815,434 $1,408,794 $-586,375
2023 $2,241,783 $1,740,793 $1,989,342 $500,990
2022 $1,409,457 $1,479,372 $1,432,038 $-69,915
2021 $1,247,126 $1,732,328 $1,543,867 $-485,202
2020 $1,462,672 $1,453,443 $2,173,127 $9,229
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