PHILADELPHIA AREA CENTER FOR HISTORY OF SCIENCE

EIN: 800218628 501(c)(3) Education

PHILADELPHIA, PA

Total Revenue
$1,824,160
Total Expenses
$589,774
Total Assets
$4,367,228
Net Assets
$4,367,228
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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
2007
Legal Domicile
PA
Principal Officer
BABAK ASHRAFI
Phone
2673863487
Tax Period
2023-07-01 to 2024-06-30

PHILADELPHIA AREA CENTER FOR HISTORY OF SCIENCE, founded in 2007, is a community nonprofit in the Education sector that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 230% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 68% operating margin.

Mission

THE PHILADELPHIA AREA CENTER FOR HISTORY OF SCIENCE (THE CENTER) IS A NONPROFIT ORGANIZATION THAT PROVIDES PERSPECTIVE ON THE CHANGES IN SCIENCE, TECHNOLOGY, AND MEDICINE THAT HAVE SHAPED OUR LIVES. THE CENTER MAKES USE OF THE EXCEPTIONAL RESOURCES OF THE MEMBER INSTITUTIONS TO SUPPORT RESEARCH, TO FOSTER A VIBRANT COMMUNITY OF SCHOLARS, AND TO BUILD BRIDGES BETWEEN THE SCHOLARLY COMMUNITY AND BROADER AUDIENCES OF ALL AGES AND BACKGROUNDS.

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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 $1,277,060
Program Service Revenue $0
Investment Income $547,100
Other Revenue $0
TOTAL REVENUE $1,824,160

Expense Breakdown

Grants Paid $0
Salaries & Benefits $363,652
Fundraising Expenses $63,173
Program Expenses $444,109
Other Expenses $226,122
TOTAL EXPENSES $589,774

Year-over-Year Comparison

2023 2022 Change
Revenue $1,824,160 $553,338 +2.3%
Expenses $589,774 $659,589 -0.1%
Net Income $1,234,386 $-106,251 -12.6%
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
14
Independent Members
14
Employees
4
Volunteers
124

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
3
$174,024
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN GLASSMAN TREASURER 1.00
Officer Director
$0 $0 $0
STANLEY N KATZ SECRETARY 1.00
Officer Director
$0 $0 $0
RONALD BRASHEAR DIRECTOR 1.00
Director
$0 $0 $0
CONSTANTIA CONSTANTINOU DIRECTOR 1.00
Director
$0 $0 $0
ANGELA CREAGER DIRECTOR 1.00
Director
$0 $0 $0
M SUSAN LINDEE DIRECTOR 1.00
Director
$0 $0 $0
PAT MCPHERSON DIRECTOR 1.00
Director
$0 $0 $0
EDWARD A MONTGOMERY JR DIRECTOR 1.00
Director
$0 $0 $0
LYNN NYHART DIRECTOR 1.00
Director
$0 $0 $0
PATRICK SPERO DIRECTOR 1.00
Director
$0 $0 $0
JEFFREY L STURCHIO DIRECTOR 1.00
Director
$0 $0 $0
TOM TRITTON DIRECTOR 1.00
Director
$0 $0 $0
JOHN C VAN HORNE DIRECTOR 1.00
Director
$0 $0 $0
HARRIET ZUCKERMAN DIRECTOR 1.00
Director
$0 $0 $0
BABAK ASHRAFI PRESIDENT 40.00
Officer
$153,015 $21,009 $174,024
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 No data No data No data No data
2024 $1,824,160 $589,774 $4,367,228 $1,234,386
2023 $553,338 $659,589 $3,311,526 $-106,251
2022 $944,345 $546,952 $3,300,550 $397,393
2021 $438,820 $512,094 $3,520,985 $-73,274
2020 $365,616 $483,110 $3,093,244 $-117,494
2019 $471,662 $549,864 $3,079,140 $-78,202
2018 $739,821 $489,234 $3,021,285 $250,587
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