BARBARA A COLAMECO CANCER TRANSPORTATION FUND INC

EIN: 464673215 501(c)(3) Diseases & Disorders

MEDIA, PA

Total Revenue
$90,647
Total Expenses
$161,036
Total Assets
$95,548
Net Assets
$95,548
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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
2013
Legal Domicile
PA
Principal Officer
JESSICA COLAMECO
Phone
8562377721
Tax Period
2023-01-01 to 2023-12-31

BARBARA A COLAMECO CANCER TRANSPORTATION FUND INC, founded in 2013, is a micro nonprofit in the Diseases & Disorders sector that reported $91K in total revenue in fiscal year 2023. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $161K exceeded revenue, resulting in a 78% operating deficit.

Mission

EACH YEAR PATIENTS ARE UNABLE TO MAKE IT TO THEIR APPOINTMENTS, WHETHER IT BE FOR CHECKUPS, CHEMO OR RADIATION, BECAUSE OF THE EXPENSE OF TRANSPORTATION. OUR GOAL IS TO HELP THOSE PATIENTS, IN THE GREATER PHILADELPHIA AREA AND LOCALLY BY GIVING 100% OF THE PROCEEDS FROM OUR FUND TO THESE PATIENTS. THE MONEY IS ALSO USED TO PAY CO-PAYS, CAB FAIR AND TO PURCHASE MASSAGE CHAIRS TO MAKE THE PATIENTS MORE COMFORTABLE. THIS MISSION IS CLOSE TO OUR HEARTS AND WE HOPE TO CONTINUE TO SAVE MORE LIVES IN THE FUTURE.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $88,660
Program Service Revenue $0
Investment Income $53
Other Revenue $1,934
TOTAL REVENUE $90,647

Expense Breakdown

Grants Paid $67,854
Salaries & Benefits $0
Fundraising Expenses $15,400
Program Expenses $139,096
Other Expenses $87,182
TOTAL EXPENSES $161,036

Year-over-Year Comparison

2023 2022 Change
Revenue $90,647 $141,257 -0.4%
Expenses $161,036 $146,868 +0.1%
Net Income $-70,389 $-5,611 +11.5%
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

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Governance

Voting Members
4
Independent Members
2
Employees
N/A
Volunteers
17

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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JESSICA COLAMECO PRESIDENT 5.00
Officer Director
$0 $0 $0
LOUIS B COLAMECO III SECRETARY 1.00
Officer Director
$0 $0 $0
JASMEL SIDHU BOARD MEMBER N/A
Director
$0 $0 $0
THOMAS WEISS BOARD MEMBER N/A
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 $90,647 $161,036 $95,548 $-70,389
2022 $141,257 $146,868 $165,937 $-5,611
2021 $154,291 $276,420 $171,548 $-122,129
2020 $20,539 $135,490 $293,677 $-114,951
2019 $172,424 $62,254 $408,628 $110,170
2018 $244,043 $172,841 $298,458 $71,202
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