PHILADELPHIA, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PHILADELPHIA CONVENTION AND VISITORS BUREAU FOUNDATION, founded in 2002, is a small nonprofit in the Recreation & Sports sector that reported $278K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $260K left a modest 7% surplus.
MISSION/PURPOSE: THE PHILADELPHIA CONVENTION AND VISITORS BUREAU FOUNDATION ("FOUNDATION") WAS ESTABLISHED IN 2002 TO CONDUCT PUBLIC, CHARITABLE, AND EDUCATIONAL ACTIVITIES AND TO ATTRACT ADDITIONAL SUPPORT FOR THOSE ACTIVITIES FROM FOUNDATIONS AND THE GENERAL PUBLIC. THE FOUNDATION HAS A 501(C)(3) TAX-EXEMPT STATUS BECAUSE ITS ACTIVITIES ARE CHARITABLE AND EDUCATIONAL. THE MISSION OF THE FOUNDATION, IN COOPERATION WITH THE CITY OF PHILADELPHIA AND THE COMMONWEALTH OF PENNSYLVANIA, IS TO PROVIDE FUNDING IN SUPPORT OF ACTIVITIES THAT PROMOTE, BEAUTIFY, AND CELEBRATE PHILADELPHIA IN AN EFFORT TO STIMULATE THE CITY'S TOURISM INDUSTRY. TOGETHER WITH ITS PARTNERS, THE FOUNDATION SUPPORTS PROJECTS THAT MAKE THE CITY MORE INVITING TO VISITORS, ESPECIALLY THOSE ATTENDING A CONVENTION OR SPECIAL EVENT, OR VISITORS TRAVELING FROM ANOTHER COUNTRY. IN ADDITION, THE FOUNDATION HELPS PHILADELPHIANS PREPARE THEMSELVES FOR CAREERS IN THE REGION'S DYNAMIC HOSPITALITY INDUSTRY, AND ASSISTS CORPORATE VIS
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $278,441 | $301,189 | -0.1% |
| Expenses | $259,947 | $244,643 | +0.1% |
| Net Income | $18,494 | $56,546 | -0.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JEFF ADELI | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| STEPHEN S AICHELE | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| ED BATEN | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| KAREN DOUGHERTY BUCHHOLZ | CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| LEONARD BUCKLEY | VICE CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROCHELLE CAMERON | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| GREGG CAREN | PRESIDENT & | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| NICHOLAS DEBENEDICTIS | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM P HANKOWSKY | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| JAZELLE JONES | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| JOHN J KROLL | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| ALBA MARTINEZ | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| JOHN MCNICHOL | VICE CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN P PIERCE | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| RICHARD LEE SNOW | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $278,441 | $259,947 | $1,989,232 | $18,494 |
| 2024 | $301,189 | $244,643 | $1,968,115 | $56,546 |
| 2023 | $3,343,180 | $2,725,896 | $1,899,042 | $617,284 |
| 2022 | $304,937 | $282,247 | $2,291,758 | $22,690 |
| 2021 | $73,229 | $215,610 | $1,835,323 | $-142,381 |
| 2020 | $3,267,019 | $3,213,907 | $2,387,912 | $53,112 |
| 2019 | $3,150,446 | $2,773,641 | $2,173,337 | $376,805 |
| 2018 | $3,061,412 | $2,553,731 | $1,645,036 | $507,681 |
Compare PHILADELPHIA CONVENTION AND VISITORS BUREAU FOUNDATION with other nonprofits in Pennsylvania and across the country.