PENN NORTHWEST DEVELOPMENT CORPORATION (EIN 251515795) - Form 990 Financial Analysis & Trantor Score

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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

1985

Legal Domicile

Principal Officer

ROD WILT

Phone

7246623705

Tax Period

2024-07-01 to 2025-06-30

PENN NORTHWEST DEVELOPMENT CORPORATION, founded in 1985, is a community nonprofit in the Community Improvement sector that reported $2.7M in total revenue in fiscal year 2024. Revenue surged 160% from the prior year, signaling strong growth momentum. Expenses of $2.5M left a modest 5% surplus.

Mission

THE MISSION IS TO FACILITATE THE CREATION OF JOBS BY PROMOTING, FINANCING, AND ENCOURAGING ECONOMIC DEVELOPMENT THROUGH THE COOPERATIVE EFFORTS OF THE PUBLIC AND PRIVATE SECTORS, THEREBY IMPROVING THE QUALITY OF LIFE IN MERCER COUNTY AND WESTERN PENNSYLVANIA. PENN-NORTHWEST SHALL BE THE LEAD ECONOMIC DEVELOPMENT ORGANIZATION IN MERCER COUNTY REPRESENTING THE COUNTY IN ALL ECONOMIC DEVELOPMENT MATTERS.

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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 $2,173,906

Program Service Revenue $395,601

Investment Income $64,889

Other Revenue $44,834

TOTAL REVENUE $2,679,230

Expense Breakdown

Grants Paid $1,586,221

Salaries & Benefits $560,329

Fundraising Expenses $129,857

Program Expenses $2,071,622

Other Expenses $403,279

TOTAL EXPENSES $2,549,829

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,679,230	$1,030,704	+1.6%
Expenses	$2,549,829	$1,293,942	+1.0%
Net Income	$129,401	$-263,238	-1.5%

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

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

$144,663

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEORGE GARROW	BOARD MEMBER	0.20	Director	$0	$0	$0
ANN COLEMAN	SECOND VICE CHAIR	1.50	Officer Director	$0	$0	$0
DAVID GEORGE	BOARD MEMBER	0.20	Director	$0	$0	$0
ZACHARY LENHART	BOARD MEMBER	0.20	Director	$0	$0	$0
STACEY GLENN	BOARD MEMBER	0.20	Director	$0	$0	$0
BRYAN SAELER	BOARD MEMBER	0.20	Director	$0	$0	$0
BRAD MANTZELL	IMMEDIATE PAST CHAIRMAN	1.50	Officer Director	$0	$0	$0
FRANK KRIEDER	BOARD MEMBER	0.20	Director	$0	$0	$0
TIM FEENEY	BOARD MEMBER	0.20	Director	$0	$0	$0
TONY MILLER	BOARD MEMBER	0.20	Director	$0	$0	$0
SUSAN TRAVERSO	BOARD MEMBER	0.20	Director	$0	$0	$0
SAMUEL HUSTON	BOARD MEMBER	0.20	Director	$0	$0	$0
TONY KAPER	BOARD MEMBER	0.20	Director	$0	$0	$0
ROBERT DONATELLI	SECRETARY	1.50	Officer Director	$0	$0	$0
NATHAN KOBLE	BOARD MEMBER	0.20	Director	$0	$0	$0
DAVID GRANDE	VICE CHAIR	1.50	Officer Director	$0	$0	$0
SARAH PALMER	TREASURER	1.50	Officer Director	$0	$0	$0
BRAD GOSSER	CHAIRMAN	1.50	Officer Director	$0	$0	$0
NIKI VIGNA	BOARD MEMBER	0.20	Director	$0	$0	$0
TOM TABOREK	BOARD MEMBER	0.20	Director	$0	$0	$0
ROD WILT	EXECUTIVE DIRECTOR	40.00	Officer	$0	$6,900	$144,663

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	$2,679,230	$2,549,829	$3,206,297	$129,401
2024	$1,030,704	$1,293,942	$2,992,584	$-263,238
2023	$1,416,771	$1,387,783	$3,368,532	$28,988
2022	$813,700	$739,357	$3,372,738	$74,343
2021	$1,093,859	$1,032,553	$3,026,156	$61,306
2020	$2,868,668	$3,111,461	$2,931,759	$-242,793

PENN NORTHWEST DEVELOPMENT CORPORATION