CHARITY FOR THE ARTS SPORTS & EDUCATION

EIN: 873153333 501(c)(3) Philanthropy & Grantmaking

NEWTOWN SQUARE, PA

Total Revenue
$590,362
Total Expenses
$729,437
Total Assets
$349,328
Net Assets
$279,966
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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
PA
Principal Officer
ROBERT M STOVER III
Phone
7178569195
Tax Period
2025-01-01 to 2025-12-31

CHARITY FOR THE ARTS SPORTS & EDUCATION, founded in 2021, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $590K in total revenue in fiscal year 2025. Expenses of $729K exceeded revenue, resulting in a 24% operating deficit.

Mission

CHASE WAS ESTABLISHED IN 2021 TO ADVANCE THE PHYSICAL EXPRESSION, INTELLECTUAL UNDERSTANDING AND EDUCATIONAL AND TEACHING PROGRAMS OF THE ARTS, DANCE, FITNESS, HEALTH, ATHLETICS, SCIENCE, TECHNOLOGY AND HISTORY THROUGH PARTICIPATION, CLASSES, SEMINARS, WORK-SHOPS, CAMPS, PERFORMANCES, COMPETITIVE EVENTS, TOURS, LEAGUES AND SERIES, ADDITIONALLY SUPPORTING UNDER-RESOURCED COMMUNITIES AND INNER-CITY ENVIRONMENTS AND CENTERS SUPPORTING YOUNGER PEOPLE AND ADULTS TO LEARN AND BENEFIT FROM EDUCATIONAL PROGRAMS OFFERED IN A STRUCTURED ENVIRONMENT WITH TEACHERS, COACHES AND MENTORS.

Program Service Accomplishments

Program 1
Expenses: $643,133 Revenue: $75,427

CHASE WAS ESTABLISHED IN 2021 TO ADVANCE THE PHYSICAL EXPRESSION, INTELLECTUAL UNDERSTANDING AND EDUCATIONAL AND TEACHING PROGRAMS OF THE ARTS, DANCE, FITNESS, HEALTH, ATHLETICS, SCIENCE, TECHNOLOGY...

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CHASE WAS ESTABLISHED IN 2021 TO ADVANCE THE PHYSICAL EXPRESSION, INTELLECTUAL UNDERSTANDING AND EDUCATIONAL AND TEACHING PROGRAMS OF THE ARTS, DANCE, FITNESS, HEALTH, ATHLETICS, SCIENCE, TECHNOLOGY, AND HISTORY. ITS PRIMARY PROGRAM IS THE SWAG SOCCER PROGRAM, A NO-COST SOCCER TRAINING PROGRAM FOCUSED ON OPPORTUNITIES FOR YOUNG ATHLETES, AGES 4 THROUGH 9 FROM PHILADELPHIA'S AFRICAN AMERICAN AND IMMIGRANT COMMUNITIES. LAUNCHED IN 2018, THE SWAG'S PLAYER POOL IS COMPRISED OF OVER 2,000 YOUNG ATHLETES, WHO ARE OFFERED SOCCER COACHING AND TRAINING YEAR-ROUND. OVER 95% OF SWAG PARTICIPANTS ARE OF AFRICAN DESCENT OR IMMIGRANT FAMILIES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $514,935
Program Service Revenue $75,427
Investment Income $0
Other Revenue $0
TOTAL REVENUE $590,362

Expense Breakdown

Grants Paid $643,133
Salaries & Benefits $0
Fundraising Expenses $41,307
Program Expenses $643,133
Other Expenses $86,304
TOTAL EXPENSES $729,437

Year-over-Year Comparison

2025 2024 Change
Revenue $590,362 $552,493 +0.1%
Expenses $729,437 $474,176 +0.5%
Net Income $-139,075 $78,317 -2.8%
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
4
Independent Members
4
Employees
N/A
Volunteers
6

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
5
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT M STOVER III PRESIDENT & CHAIR 2.00
Officer Director
$0 $0 $0
SUSAN D BLEECHER VICE PRESIDENT (AS OF 08/25) 2.00
Officer Director
$0 $0 $0
ALEKSEI KLINCEWICZ VICE PRESIDENT (UNTIL 08/25) 1.00
Officer Director
$0 $0 $0
MIKE ORRIN TREASURER 1.00
Officer Director
$0 $0 $0
SANDY WILLIAMSON SECRETARY AND VICE CHAIR 1.00
Officer 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 $590,362 $729,437 $349,328 $-139,075
2024 $552,493 $474,176 $430,564 $78,317
2023 $634,343 $413,078 $378,183 $221,265
2022 $364,294 $244,835 $129,217 $119,459
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