MENTOR FOR PHILLY INC

EIN: 473958968 501(c)(3) Education

Philadelphia, PA

Total Revenue
$466,567
Total Expenses
$450,119
Total Assets
$126,660
Net Assets
$126,660
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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
2015
Legal Domicile
PA
Principal Officer
OSCAR WANG
Tax Period
2023-01-01 to 2023-12-31

MENTOR FOR PHILLY INC, founded in 2015, is a small nonprofit in the Education sector that reported $467K in total revenue in fiscal year 2023. Revenue surged 70% from the prior year, signaling strong growth momentum. Expenses of $450K left a modest 4% surplus.

Mission

MENTORING CHILDREN IN PHILADELPHIA THROUGHOUT THEIR COLLEGE TRANSITION

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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 $348,580
Program Service Revenue $117,711
Investment Income $0
Other Revenue $276
TOTAL REVENUE $466,567

Expense Breakdown

Grants Paid $1,923
Salaries & Benefits $313,284
Fundraising Expenses $0
Other Expenses $134,912
TOTAL EXPENSES $450,119

Year-over-Year Comparison

2023 2022 Change
Revenue $466,567 $275,169 +0.7%
Expenses $450,119 $311,798 +0.4%
Net Income $16,448 $-36,629 -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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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
1
Independent Members
N/A
Employees
6
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
0
$0
Total Directors
1
$62,006
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
OSCAR WANG PRESIDENT 040.00
Director
$62,006 $0 $62,006
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 $466,567 $450,119 $126,660 $16,448
2023 $507,373 $458,289 $170,354 $49,084
2022 $275,169 $311,798 $110,263 $-36,629
2021 $330,048 $275,473 $151,279 $54,575
2020 $302,774 $256,196 $96,752 $46,578
2019 $267,109 $278,473 $10,305 $-11,364
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