CraftNow Philadelphia (EIN 854221229) - 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

2020

Legal Domicile

Principal Officer

DAVID SELTZER

Phone

2158736371

Tax Period

2024-01-01 to 2024-12-31

CraftNow Philadelphia, founded in 2020, is a small nonprofit in the Arts, Culture & Humanities sector that reported $345K in total revenue in fiscal year 2024.

Mission

CraftNOW unites, celebrates, and support the people, businesses, and institutions of the craft community of Philadelphia.

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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 $340,246

Program Service Revenue $9,935

Investment Income $2,503

Other Revenue $-7,220

TOTAL REVENUE $345,464

Expense Breakdown

Grants Paid $0

Salaries & Benefits $199,242

Fundraising Expenses $67,982

Program Expenses $245,159

Other Expenses $168,813

TOTAL EXPENSES $368,055

Year-over-Year Comparison

	2024	2023	Change
Revenue	$345,464	$353,519	0.0%
Expenses	$368,055	$335,791	+0.1%
Net Income	$-22,591	$17,728	-2.3%

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

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

$90,913

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Emily Edelstein	Executive Director	40.0	Officer	$85,000	$5,913	$90,913
Elissa Topol	CHAIR	5.0	Officer Director	$0	$0	$0
Josephine Burri	Vice-Chair	1.0	Officer Director	$0	$0	$0
David Seltzer	Treasurer	3.0	Officer Director	$0	$0	$0
Frances Hoover	Secretary	1.0	Officer Director	$0	$0	$0
Clara Hollander	BOARD MEMBER	1.0	Director	$0	$0	$0
Eric Hague	BOARD MEMBER	1.0	Director	$0	$0	$0
Patricia Fowler	BOARD MEMBER	1.0	Director	$0	$0	$0
Doug Bucci	BOARD MEMBER (EFF. 05/07/2024)	1.0	Director	$0	$0	$0
Albert LeCoff	BOARD MEMBER	1.0	Director	$0	$0	$0
Jennifer Martin	BOARD MEMBER	1.0	Director	$0	$0	$0
Mollie McEnteer	BOARD MEMBER (EFF. 09/10/2024)	1.0	Director	$0	$0	$0
Jennifer-Navva Miliken	BOARD MEMBER	1.0	Director	$0	$0	$0
Michelle Shuman	BOARD MEMBER	1.0	Director	$0	$0	$0
William Salvatore	BOARD MEMBER	1.0	Director	$0	$0	$0
Paul Stark	BOARD MEMBER	1.0	Director	$0	$0	$0
Vanessa Stella	BOARD MEMBER	1.0	Director	$0	$0	$0
Emily Zilber	BOARD MEMBER	1.0	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	$345,464	$368,055	$226,308	$-22,591
2023	$353,519	$335,791	$269,626	$17,728
2022	$285,055	$311,558	$246,780	$-26,503
2021	$324,794	$171,492	$254,651	$153,302

CraftNow Philadelphia