WORLD TRADE CENTER OF GREATER PHILADELPHIA (EIN 810582843) - 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

2001

Legal Domicile

Principal Officer

THOMAS YOUNG

Phone

2155864240

Tax Period

2023-01-01 to 2023-12-31

WORLD TRADE CENTER OF GREATER PHILADELPHIA, founded in 2001, is a small nonprofit in the International Affairs sector that reported $937K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $1.2M exceeded revenue, resulting in a 30% operating deficit.

Mission

TO BRING GROWTH AND PROSPERITY TO GREATER PHILADELPHIA THROUGH GLOBAL TRADE AND INVESTMENT

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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 (2023)

Revenue Breakdown

Contributions & Grants $969,051

Program Service Revenue $11,350

Investment Income $0

Other Revenue $-43,480

TOTAL REVENUE $936,921

Expense Breakdown

Grants Paid $0

Salaries & Benefits $620,841

Fundraising Expenses $430,325

Program Expenses $529,046

Other Expenses $597,127

TOTAL EXPENSES $1,217,968

Year-over-Year Comparison

	2023	2022	Change
Revenue	$936,921	$720,721	+0.3%
Expenses	$1,217,968	$956,028	+0.3%
Net Income	$-281,047	$-235,307	+0.2%

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

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

$175,043

Total Directors

$110,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTHONY J SIMONETTA	PRESIDENT (JAN-JULY) & BOARD MEMBER	0.20	Officer Director	$110,000	$0	$110,000
JOSEPH J SCALIO	CHAIRMAN	0.20	Officer Director	$0	$0	$0
STEVEN S BRADLEY	VICE CHAIRMAN	0.20	Officer Director	$0	$0	$0
STEVEN J BATZER	TREASURER	0.20	Officer Director	$0	$0	$0
MARTIN G BELISARIO	SECRETARY	0.20	Officer Director	$0	$0	$0
DR JOHN A BENNETT	BOARD MEMBER	0.20	Director	$0	$0	$0
GARY P BIEHN ESQ	BOARD MEMBER	0.20	Director	$0	$0	$0
WALT D'ALESSIO	BOARD MEMBER- RESIGNED NOV 2023	0.20	Director	$0	$0	$0
DAVID A DELIZZA	BOARD MEMBER	0.20	Director	$0	$0	$0
JOVAN GOLDSTEIN	BOARD MEMBER	0.20	Director	$0	$0	$0
ROBERT KRITZER	BOARD MEMBER	0.20	Director	$0	$0	$0
THOMAS LEONARD	BOARD MEMBER	0.20	Director	$0	$0	$0
BERNADINE J MUNLEY	BOARD MEMBER	0.20	Director	$0	$0	$0
ELIZABETH MURPHY	BOARD MEMBER- RESIGNED NOV 2023	0.20	Director	$0	$0	$0
ROSEANN B ROSENTHAL	BOARD MEMBER	0.20	Director	$0	$0	$0
MARTY SCHIFFMAN	BOARD MEMBER	0.20	Director	$0	$0	$0
THOMAS YOUNG	CEO STARTING AUGUST 2023	40.00	Officer	$65,043	$0	$65,043
LINDA CONLIN	SR ADVISOR OF STRATEGIC INITIATIVES	40.00	Highest	$103,053	$0	$103,053

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	$936,921	$1,217,968	$686,680	$-281,047
2022	$720,721	$956,028	$459,633	$-235,307
2021	$926,595	$1,155,038	$486,130	$-228,443
2021	$740,985	$969,428	$462,130	$-228,443
2020	$902,281	$1,024,248	$693,800	$-121,967
2019	$888,299	$882,047	$645,761	$6,252
2018	$984,977	$892,246	$638,037	$92,731

WORLD TRADE CENTER OF GREATER PHILADELPHIA