CHESTER DEVELOPMENT ASSOCIATION (EIN 570681166) - Form 990 Financial Analysis & Trantor Score

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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

1963

Legal Domicile

Principal Officer

JIM BENNETT

Phone

8033855102

Tax Period

2025-01-01 to 2025-12-31

CHESTER DEVELOPMENT ASSOCIATION, founded in 1963, is a micro nonprofit in the Community Improvement sector that reported $84K in total revenue in fiscal year 2025. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $299K exceeded revenue, resulting in a 255% operating deficit.

Mission

TO DEVELOP AN ECONOMIC STRATEGY TO GUIDE AND SHAPE THE LOCAL CHESTER COUNTY ECONOMY; PROMOTE AND ASSIST IN THE GROWTH AND DEVELOPMENT OF BUSINESS AND INDUSTRY CONCERNS, INCLUDING SMALL BUSINESS WITHIN CHESTER COUNTY; AND TO ENGAGE IN THOSE ACTIVITIES WHICH ARE IN FURTHERANCE OF, OR RELATED TO, THE PURPOSES HEREIN STATED. THE OBJECTIVE OF THE CORPORATION SHALL BE TO BENEFIT CHESTER COUNTY ECONOMICALLY BY FOSTERING INCREASED EMPLOYMENT OPPORTUNITIES AND BY EXPANSION OF BUSINESS AND INDUSTRY; THEREBY, LESSENING THE BURDENS OF GOVERNMENT AND COMBATTING COMMUNITY DETERIORATION.

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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 (2025)

Revenue Breakdown

Contributions & Grants $88,966

Program Service Revenue $0

Investment Income $-4,684

Other Revenue $0

TOTAL REVENUE $84,282

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $295,351

Other Expenses $299,339

TOTAL EXPENSES $299,339

Year-over-Year Comparison

	2025	2024	Change
Revenue	$84,282	$108,075	-0.2%
Expenses	$299,339	$220,182	+0.4%
Net Income	$-215,057	$-112,107	+0.9%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TONY POPE	PRESIDENT	3.50	Officer	$0	$0	$0
JIM BENNETT	TREASURER	3.50	Officer	$0	$0	$0
HAL STONE	SECRETARY	3.50	Officer	$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	$84,282	$299,339	$758,131	$-215,057
2024	$108,075	$220,182	$973,188	$-112,107
2023	$103,126	$67,819	$1,085,295	$35,307
2022	$81,623	$149,448	$1,049,988	$-67,825
2021	$74,269	$36,169	$1,117,813	$38,100

CHESTER DEVELOPMENT ASSOCIATION