LOWER ALLEN TOWNSHIP DEVELOPMENT AUTHORITY (EIN 352387510) - 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

2008

Legal Domicile

Principal Officer

MAX STONER

Phone

7179757575

Tax Period

2022-01-01 to 2022-12-31

LOWER ALLEN TOWNSHIP DEVELOPMENT AUTHORITY, founded in 2008, is a community nonprofit in the Community Improvement sector that reported $3.0M in total revenue in fiscal year 2022. Revenue surged 221% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.1M, a strong 69% operating margin.

Mission

EDUCATIONAL OUTREACH TO BUSINESS LEADERS IN THE COMMUNITY, ASSIST ECONOMIC DEVELOPMENT INITIATIVES, AND ACQUIRE AND MARKET PROPERTIES FOR REDEVELOPMENT.

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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 (2022)

Revenue Breakdown

Contributions & Grants $251,199

Program Service Revenue $0

Investment Income $2,672,248

Other Revenue $47,075

TOTAL REVENUE $2,970,522

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $912,218

Other Expenses $912,218

TOTAL EXPENSES $912,218

Year-over-Year Comparison

	2022	2021	Change
Revenue	$2,970,522	$924,235	+2.2%
Expenses	$912,218	$946,549	0.0%
Net Income	$2,058,304	$-22,314	-93.2%

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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MAX STONER	CHAIR	0.50	Officer Director	$0	$0	$0
H EDWARD BLACK	VICE-CHAIR	0.50	Officer Director	$0	$0	$0
SALVATORE F MARONE	TREASURER	0.50	Officer Director	$0	$0	$0
JOHN EBY	SECRETARY	0.50	Officer Director	$0	$0	$0
MARK O'SHEA	BOARD MEMBER	0.50	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	No data	No data	No data	No data
2023	No data	No data	No data	No data
2022	$2,970,522	$912,218	$2,324,307	$2,058,304
2021	$924,235	$946,549	$10,205,574	$-22,314
2020	$278,007	$372,617	$8,931,223	$-94,610
2019	$266,981	$765,711	$8,813,625	$-498,730
2018	$23,384	$46,794	$1,523,135	$-23,410

LOWER ALLEN TOWNSHIP DEVELOPMENT AUTHORITY