THE PHILADELPHIA SOCIETY

EIN: 366151680 501(c)(3)

GRAND RAPIDS, MI

Total Revenue
$665,729
Total Expenses
$686,225
Total Assets
$1,053,652
Net Assets
$1,024,405
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1964
Legal Domicile
IL
Principal Officer
DR DAVID STUHR
Phone
5176885111
Tax Period
2024-01-01 to 2024-12-31

THE PHILADELPHIA SOCIETY, founded in 1964, is a small nonprofit that reported $666K in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum.

Mission

EDUCATIONAL PROGRAMS THAT ALLOW FOR THE INTERCHANGE OF IDEAS IN THE INTEREST OF DEEPENING THE INTELLECTUAL FOUNDATION OF A FREE AND ORDERED SOCIETY AND OF BROADENING THE UNDERSTANDING OF ITS BASIC PRINCIPLES AND TRADITIONS.

Program Service Accomplishments

Program 1
Expenses: $457,499 Revenue: $359,839

MEETINGS - THE SOCIETY HOLDS TWO CONFERENCES PER YEAR WHERE MEMBERS AND THEIR GUESTS CAN CONGREGATE FOR THE EXCHANGE OF IDEAS. AT THESE SEMINARS, PARTICIPANTS ARE INVITED TO ATTEND LECTURES GIVEN BY...

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MEETINGS - THE SOCIETY HOLDS TWO CONFERENCES PER YEAR WHERE MEMBERS AND THEIR GUESTS CAN CONGREGATE FOR THE EXCHANGE OF IDEAS. AT THESE SEMINARS, PARTICIPANTS ARE INVITED TO ATTEND LECTURES GIVEN BY DISTINGUISHED SPEAKERS ON TOPICS INCLUDING THOSE THAT ARE ECONOMIC, POLITICAL, CULTURAL, RELIGIOUS, AND PHILOSOPHIC IN NATURE. ATTENDEES ARE ALSO ENCOURAGED TO MEET THEIR FELLOW MEMBERS AND PARTICIPATE IN RELEVANT DISCUSSIONS THROUGHOUT THE PROGRAM.

Program 2
Expenses: $23,202

FUTURE OF FREEDOM - THE FUTURE OF FREEDOM INITIATIVE, SUPPORTED BY THE JOHN WILLIAM POPE FOUNDATION, SEEKS TO REFRESH, REBUILD, AND REVITALIZE AMERICAN CONSERVATISM BY PROVIDING FELLOWSHIPS TO...

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FUTURE OF FREEDOM - THE FUTURE OF FREEDOM INITIATIVE, SUPPORTED BY THE JOHN WILLIAM POPE FOUNDATION, SEEKS TO REFRESH, REBUILD, AND REVITALIZE AMERICAN CONSERVATISM BY PROVIDING FELLOWSHIPS TO PROMISING YOUNG LEADERS. PARTICIPANTS ATTEND TWO SOCIETY MEETINGS AND ENGAGE IN ONLINE READING AND DISCUSSION GROUPS.

Program 3
Expenses: $30,164

FELLOWSHIPS - THE SOCIETY OFFERS A LIMITED NUMBER OF COMPETITIVE FELLOESHIPS TO ALLOW EXCEPTIONAL YOUNG LEADERS TO ATTEND THE SEMI-ANNUAL CONFERENCES. THE PURPOSE OF THIS PROGRAM IS TO FOSTER...

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FELLOWSHIPS - THE SOCIETY OFFERS A LIMITED NUMBER OF COMPETITIVE FELLOESHIPS TO ALLOW EXCEPTIONAL YOUNG LEADERS TO ATTEND THE SEMI-ANNUAL CONFERENCES. THE PURPOSE OF THIS PROGRAM IS TO FOSTER INTELLECTUAL VITALITY AND GROWTH FOR THE SOCIETY. AS SUCH, PRIORITY IS GIVEN TO THOSE APPLICANTS WHO DEMONSTRATE INTEREST IN THE INTELLECTUAL RENEWAL OF A SOCIAL ORDER OF FREE AND RESPONSIBLE INDIVIDUALS, POTENTIALLY THROUGH THEIR PROFESSIONAL ACTIVITIES, AND THOSE WHO ARE LIKELY TO JOIN THE SOCIETY IN THE FUTURE.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $276,553
Program Service Revenue $359,839
Investment Income $29,337
Other Revenue $0
TOTAL REVENUE $665,729

Expense Breakdown

Grants Paid $56,908
Salaries & Benefits $108,356
Fundraising Expenses $31,652
Program Expenses $545,155
Other Expenses $520,961
TOTAL EXPENSES $686,225

Year-over-Year Comparison

2024 2023 Change
Revenue $665,729 $459,499 +0.4%
Expenses $686,225 $411,337 +0.7%
Net Income $-20,496 $48,162 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
17
Independent Members
17
Employees
3
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
7
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR BRADLEY WATSON PRESIDENT 2.00
Officer Director
$0 $0 $0
JOSEPH MORRIS 1ST VICE PRE 2.00
Officer Director
$0 $0 $0
DR MICHAEL MUNGER 2ND VICE PRE 2.00
Officer Director
$0 $0 $0
DR LENORE EALY SECRETARY 10.00
Officer
$0 $0 $0
DANIEL HALES ASSISTANT SE 2.00
Officer
$0 $0 $0
DR DAVID STUHR TREASURER 3.00
Officer
$0 $0 $0
HAL HAYWARD ASSISTANT TR 2.00
Officer
$0 $0 $0
CLAIRE AGUDA TRUSTEE 2.00
Director
$0 $0 $0
ANDREW GRAHAM TRUSTEE 2.00
Director
$0 $0 $0
ADAM KISSEL TRUSTEE 2.00
Director
$0 $0 $0
RYAN WILLIAMS TRUSTEE 2.00
Director
$0 $0 $0
DR JAMES HARTLEY TRUSTEE 2.00
Director
$0 $0 $0
DR JASON JEWELL TRUSTEE 2.00
Director
$0 $0 $0
MICHAEL MAIBACH TRUSTEE 2.00
Director
$0 $0 $0
THOMAS SPENCE TRUSTEE 2.00
Director
$0 $0 $0
DR SUSAN MANGELS TRUSTEE 2.00
Director
$0 $0 $0
ROBERT NAETHING TRUSTEE 2.00
Director
$0 $0 $0
DR JEFFREY NELSON TRUSTEE 2.00
Director
$0 $0 $0
JANE SHAW STROUP TRUSTEE 2.00
Director
$0 $0 $0
MATTHEW TYRMAND TRUSTEE 2.00
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
2025 No data No data No data No data
2024 $665,729 $686,225 $1,053,652 $-20,496
2023 $459,499 $411,337 $1,081,309 $48,162
2022 $504,987 $430,450 $830,901 $74,537
2021 $357,743 $383,283 $847,648 $-25,540
2020 $257,079 $180,820 $798,400 $76,259
2019 $375,225 $359,350 $684,256 $15,875
2018 $378,042 $329,140 $616,780 $48,902
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