CULTURAL EQUITY REALTY TRUST

EIN: 843267148 501(c)(3) Arts, Culture & Humanities

Philadelphia, PA

Total Revenue
$10,980
Total Expenses
$31,705
Total Assets
$212,598
Net Assets
$212,567
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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
2019
Legal Domicile
PA
Principal Officer
Alexander Hoskins
Phone
2157601634
Tax Period
2022-07-01 to 2023-06-30

CULTURAL EQUITY REALTY TRUST, founded in 2019, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $11K in total revenue in fiscal year 2022. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $32K exceeded revenue, resulting in a 189% operating deficit.

Mission

The Cultural Equity Realty Trust (CERT) is a nonprofit, preservation-focused real estate developer and steward for the Greater Philadelphia region.

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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 (2022)

Revenue Breakdown

Contributions & Grants $10,980
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $10,980

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $19,022
Other Expenses $31,705
TOTAL EXPENSES $31,705

Year-over-Year Comparison

2022 2021 Change
Revenue $10,980 $207,300 -0.9%
Expenses $31,705 $66,684 -0.5%
Net Income $-20,725 $140,616 -1.1%
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
6
Independent Members
6
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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Alexander Hoskins President 5.00
Officer Director
$0 $0 $0
David Othmer Treasurer 5.00
Officer Director
$0 $0 $0
Ross Mitchell Secretary 5.00
Officer Director
$0 $0 $0
Aaron Wunsch Vice President 5.00
Officer Director
$0 $0 $0
Yvonne Haskins Director 2.00
Director
$0 $0 $0
Tom Lussenhop Director 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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $10,980 $31,705 $212,598 $-20,725
2022 $207,300 $66,684 $244,196 $140,616
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