BE PHILLY FOUNDATION INC (EIN 862049040) - 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

2021

Legal Domicile

Principal Officer

JASON KELCE

Phone

2485939033

Tax Period

2025-01-01 to 2025-06-30

BE PHILLY FOUNDATION INC, founded in 2021, is a small nonprofit in the Education sector that reported $172K in total revenue in fiscal year 2024. Revenue fell 78% from the prior year — a significant decline worth monitoring. Expenses of $257K exceeded revenue, resulting in a 49% operating deficit.

Mission

Be Philly Foundation provides financial support and increased visibility to charitable organizations with a proven track record of improving academic and economic outcomes of K-12 students in the city 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 $51,908

Program Service Revenue $0

Investment Income $0

Other Revenue $120,000

TOTAL REVENUE $171,908

Expense Breakdown

Grants Paid $250,000

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $6,526

TOTAL EXPENSES $256,526

Year-over-Year Comparison

	2024	2023	Change
Revenue	$171,908	$786,284	-0.8%
Expenses	$256,526	$266,652	0.0%
Net Income	$-84,618	$519,632	-1.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CORY SIMS	DIRECTOR	001.00	Director	$0	$0	$0
RYAN HAMMOND	DIRECTOR	001.00	Director	$0	$0	$0
JASON KELCE	PRESIDENT	001.00	Officer	$0	$0	$0
GREG SELTZER	SECRETARY	001.00	Officer	$0	$0	$0
STEPHEN PORTER	TREASURER	001.00	Officer	$0	$0	$0
KYLIE KELCE	VICE PRESIDENT	001.00	Officer	$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	$171,908	$256,526	$679,121	$-84,618
2024	$786,284	$266,652	$781,970	$519,632
2023	$357,826	$227,252	$243,242	$130,574
2022	$206,737	$97,077	$109,660	$109,660

BE PHILLY FOUNDATION INC