Aliquippa, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Aliquippa Economic Development Corporation, founded in 2014, is a small nonprofit in the Public & Societal Benefit sector that reported $137K in total revenue in fiscal year 2023. Revenue fell 78% from the prior year — a significant decline worth monitoring. Expenses of $727K exceeded revenue, resulting in a 429% operating deficit.
To create economic development opportunities and to improve the general welfare of the City of Aliquippa.
The purpose for which the Aliquippa Economic Development Coporation was formed is to create economic development opportunities and to improve the general welfare of the City of Aliquippa by assisting...
The purpose for which the Aliquippa Economic Development Coporation was formed is to create economic development opportunities and to improve the general welfare of the City of Aliquippa by assisting in the development and expansion of industrial, commercial, and business sites, structures, and facilities; removing blight; supporting the development of neighborhoods; and supporting social, educational, and public safety initiatives, and of which that either create or retain employment opportunities or improve the quality of life for residents and businesses located in or willing to locate in the City of Aliquippa.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $137,369 | $622,691 | -0.8% |
| Expenses | $727,357 | $306,694 | +1.4% |
| Net Income | $-589,988 | $315,997 | -2.9% |
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 |
|---|---|---|---|---|---|---|
| Cynthia Gormley | Executive Director | 40.00 |
Officer
Director
|
$78,000 | $0 | $78,000 |
| Amber Green | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Vinny Lima | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Dwan Walker | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Samuel Gill | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Donald Walker III | Chairman | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Bridget Wysocki | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Emanual Panos | Vice Chairman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $137,369 | $727,357 | $898,632 | $-589,988 |
| 2022 | $622,691 | $306,694 | $1,489,904 | $315,997 |
| 2021 | $403,528 | $156,745 | $1,222,700 | $246,783 |
| 2020 | $1,000,076 | $564,978 | $981,717 | $435,098 |
| 2019 | $499,917 | $293,396 | $524,321 | $206,521 |
| 2018 | $500,000 | $219,673 | $291,059 | $280,327 |
Compare Aliquippa Economic Development Corporation with other nonprofits in Pennsylvania and across the country.