FISHTOWN KENSINGTON AREA BUSINESS IMPROVEMENT DISTRICT

EIN: 844037072 501(c)(3) Community Improvement

Philadelphia, PA

Total Revenue
$883,529
Total Expenses
$932,675
Total Assets
$447,163
Net Assets
$363,507
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
PA
Principal Officer
MARC COLLAZZO
Phone
2677684326
Tax Period
2023-01-01 to 2023-12-31

FISHTOWN KENSINGTON AREA BUSINESS IMPROVEMENT DISTRICT, founded in 2019, is a small nonprofit in the Community Improvement sector that reported $884K in total revenue in fiscal year 2023.

Mission

THE FISHTOWN KENSINGTON AREA BUSINESS IMPROVEMENT DISTRICT (BID) PLANS AND FUNDS SERVICES TO IMPROVE AND PRESERVE OUR NEIGHBORHOOD. THE BID WORKS TO IMPROVE THE QUALITY OF LIFE OF OUR RESIDENTS AS WELL AS THE SUCCESS AND GROWTH OF OUR BUSINESSES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $857,556
Program Service Revenue $1,652
Investment Income $22,718
Other Revenue $1,603
TOTAL REVENUE $883,529

Expense Breakdown

Grants Paid $0
Salaries & Benefits $234,377
Fundraising Expenses $0
Program Expenses $780,613
Other Expenses $698,298
TOTAL EXPENSES $932,675

Year-over-Year Comparison

2023 2022 Change
Revenue $883,529 $842,148 +0.0%
Expenses $932,675 $833,838 +0.1%
Net Income $-49,146 $8,310 -6.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
12
Independent Members
12
Employees
2
Volunteers
12

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
$138,196
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSH OLIVO PRESIDENT 5.00
Officer Director
$0 $0 $0
LISA MAZZOLA TREASURER 2.00
Officer Director
$0 $0 $0
SKIP SCHWARZMAN SECRETARY 2.00
Officer Director
$0 $0 $0
RAVI BAYANKER BOARD MEMBER 1.00
Director
$0 $0 $0
DENISE MAYER BOARD MEMBER 1.00
Director
$0 $0 $0
JONATHAN TODD BOARD MEMBER 1.00
Director
$0 $0 $0
JANAY GREEN BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE TONUNCI BOARD MEMBER 1.00
Director
$0 $0 $0
LEE STOETZEL BOARD MEMBER 1.00
Director
$0 $0 $0
MATT RICCIOTTI BOARD MEMBER 1.00
Director
$0 $0 $0
PAUL KIMPORT BOARD MEMBER 1.00
Director
$0 $0 $0
KATHLEEN TRUDE BOARD MEMBER 1.00
Director
$0 $0 $0
MARC D COLLAZZO EXECUTIVE DIRECTOR 40.00
Officer
$138,196 $0 $138,196
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 $883,529 $932,675 $447,163 $-49,146
2022 $842,148 $833,838 $523,350 $8,310
2021 $763,974 $581,887 $471,400 $182,087
2020 $692,896 $470,640 $352,679 $222,256
Explore More Nonprofits
Top 100 Nonprofits in Pennsylvania Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare FISHTOWN KENSINGTON AREA BUSINESS IMPROVEMENT DISTRICT with other nonprofits in Pennsylvania and across the country.