Frankford Valley Foundation For Li… - Form 990 Financial Data

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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

2003

Legal Domicile

Principal Officer

ANITA VEGA-KAISER

Phone

2157433100

Tax Period

2024-07-01 to 2025-06-30

Frankford Valley Foundation For Literacy, founded in 2003, is a community nonprofit in the Education sector that reported $3.1M in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $3.0M left a modest 4% surplus.

Mission

THE FRANKFORD VALLEY FOUNDATION FOR LITERACY IS A NON-PROFIT ORGANIZATION, 501(C)(3), THAT WAS DESIGNATED FOR THE BENEFIT OF THE COMMUNITY. THEIR MISSION IS TO SUPPORT AND EXPAND OPPORTUNITIES FOR ADVANCEMENT TO EVERY MEMBER OF THE COMMUNITY. THE ORGANIZATION LEASES PROPERTY TO THE FIRST PHILADELPHIA PREPARATORY CHARTER SCHOOL, WHICH IS A TAX EXEMPT ORGANIZATION UNDER IRC 501(C)(3).

Program Service Accomplishments

Program 1

Expenses: $2,983,698 Revenue: $3,143,027

THE FRANKFORD VALLEY FOUNDATION FOR LITERACY IS A NON PROFIT ORGANIZATION, 501(C)(3), THAT WAS DESIGNATED FOR THE BENEFIT OF THE COMMUNITY. THEIR MISSION IS TO SUPPORT AND EXPAND OPPORTUNITIES FOR...

THE FRANKFORD VALLEY FOUNDATION FOR LITERACY IS A NON PROFIT ORGANIZATION, 501(C)(3), THAT WAS DESIGNATED FOR THE BENEFIT OF THE COMMUNITY. THEIR MISSION IS TO SUPPORT AND EXPAND OPPORTUNITIES FOR ADVANCEMENT TO EVERY MEMBER OF THE COMMUNITY. THE ORGANIZATION LEASES PROPERTY TO THE FIRST PHILADELPHIA PREPARATORY CHARTER SCHOOL, WHICH IS A TAX EXEMPT ORGANIZATION UNDER IRC 501(C)(3).

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,889,681

Investment Income $193,346

Other Revenue $60,000

TOTAL REVENUE $3,143,027

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,983,698

Other Expenses $3,006,532

TOTAL EXPENSES $3,006,532

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,143,027	$3,942,636	-0.2%
Expenses	$3,006,532	$4,690,323	-0.4%
Net Income	$136,495	$-747,687	-1.2%

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

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
ANITA VEGA-KAISER	PRESIDENT	1.0	Officer Director	$0	$0	$0
DR MARTHA J RITTER	VICE PRESIDENT	1.0	Officer Director	$0	$0	$0
SHOSHANA SKATES	SECRETARY	1.0	Officer Director	$0	$0	$0
TERESA GRUMBRECHT	TREASURER	1.0	Officer 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	$3,143,027	$3,006,532	$32,840,323	$136,495
2024	$3,942,636	$4,690,323	$33,634,074	$-747,687
2023	$3,761,292	$3,871,842	$35,536,434	$-110,550
2022	$3,710,685	$3,979,920	$36,655,950	$-269,235
2021	$3,946,104	$4,040,291	$37,627,469	$-94,187
2020	$3,755,795	$4,129,439	$38,637,515	$-373,644
2019	$3,687,700	$4,210,624	$40,153,534	$-522,924
2018	$3,646,486	$4,292,459	$41,741,871	$-645,973

Frankford Valley Foundation For Literacy