PHILADELPHIA BAIL FUND INC

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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

2017

Legal Domicile

Principal Officer

CHRISTINA MATTHIAS

Phone

2679613391

Tax Period

2024-01-01 to 2024-12-31

PHILADELPHIA BAIL FUND INC, founded in 2017, is a micro nonprofit in the Crime & Legal sector that reported $51K in total revenue in fiscal year 2024. Revenue fell 80% from the prior year — a significant decline worth monitoring. Expenses of $1.3M exceeded revenue, resulting in a 2396% operating deficit.

Mission

THE PHILADELPHIA BAIL FUND PROVIDES BAIL ASSISTANCE TO PHILADELPHIANS WHO ARE UNABLE TO PAY FOR THEIR FREEDOM, OFFERS POST-RELEASE SUPPORTS, AND ADVOCATES TO END WEALTH BASED DETENTION IN PHILADELPHIA.

Program Service Accomplishments

Program 1

Expenses: $1,245,802

THE PHILADELPHIA BAIL FUND OPERATES A REVOLVING BAIL FUND THAT PROVIDES BAIL ASSISTANCE TO PHILADELPHIANS WHO ARE UNABLE TO PAY FOR THEIR FREEDOM WITHIN THREE DAYS AFTER ARREST. THE PHILADELPHIA BAIL FUND ALSO WORKS WITH SOCIAL SERVICE PROVIDERS TO CONNECT INTERESTED CLIENTS IN NEED WITH RESOURCES IN THE AREAS OF EMPLOYMENT, TREATMENT, AND HOUSING AND ASSISTS CLIENTS WITH TRANSPORTATION TO AND FROM COURT. THE PHILADELPHIA BAIL FUND IS A REVOLVING BAIL FUND AND THUS BAIL PROGRAM EXPENSES ONLY INCLUDE UNRECOVERABLE BAIL COST AND ADMINISTRATIVE BAIL FEES ASSOCIATED WITH THE FUND. THE PHILADELPHIA BAIL FUND ALSO WORKS WITH ALLIES IN THE COMMUNITY TO ADVOCATE FOR AN END TO CASH BAIL IN PHILADELPHIA THROUGH ORGANIZING, RESEARCH AND PUBLIC EDUCATION.

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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 $12,172

Program Service Revenue $0

Investment Income $39,030

Other Revenue $0

TOTAL REVENUE $51,202

Expense Breakdown

Grants Paid $0

Salaries & Benefits $91,325

Fundraising Expenses $12,965

Program Expenses $1,245,802

Other Expenses $1,186,623

TOTAL EXPENSES $1,277,948

Year-over-Year Comparison

	2024	2023	Change
Revenue	$51,202	$257,200	-0.8%
Expenses	$1,277,948	$1,222,256	+0.0%
Net Income	$-1,226,746	$-965,056	+0.3%

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
MAIA JACHIMOWICZ	BOARD MEMBER	2.00	Director	$0	$0	$0
CHRISTINA MATTHIAS	BOARD PRESID	5.00	Officer Director	$0	$0	$0
PATRICIA MYRICK	BOARD MEMBER	2.00	Director	$0	$0	$0
JOHN PACE	BOARD MEMBER	2.00	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
2024	$51,202	$1,277,948	$2,108,671	$-1,226,746
2023	$257,200	$1,222,256	$3,292,800	$-965,056
2022	$743,409	$1,023,848	$4,145,965	$-280,439
2021	$1,023,946	$679,133	$4,609,018	$344,813
2020	$4,454,745	$389,765	$4,264,205	$4,064,980