Greater Philadelphia Alliance for Capital & Technologies
Nonprofit profile at a glance
- EIN
- 233036397
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024
- Location
- Philadelphia, PA, USA
- Phone
- 2157903646
- Rating confidence
- Limited
- Sector
- Mutual/Membership Benefit N.E.C.
Reported finances
- Revenue
- $2,243,285
- Expenses
- $2,378,084
- Assets
- $456,768
- Liabilities
- $379,165
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
32 people listed
Executive titles in this filing
- DEAN MILLER (PRESIDENT AND CEO)
Highest reported compensation
- DEAN MILLER (PRESIDENT AND CEO): $325,580 total reported compensation
- JENNIFER DEVOR (VP, BUSINESS DEVELOPMENT & OPERATIONS): $136,928 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Greater philadelphia alliance for capital and technologies (pact)'s vision is to be a premier resource for emerging growth companies in the information technology, clean technology, and life sciences industries. Pact connects emerging growth companies, venture investors, professional advisors, and technology-focused corporations to network, develop relationships, pursue business opportunities, and market and promote their business to foster growth and innovation.
What it reported doing in 2024
Pact capital conference - unites the key players from the private equity, venture capital and entrepreneurial communities. This day-and-a-half event offers both sponsors and attendees access to emerging companies from the mid-atlantic region; networking opportunities with the movers and shakers from our community; and educational panels and content sessions. As the oldest, most established venture conference in the northeast, the conference regularly draws over 1,100 registrants and is believed to have been the catalyst for billions of dollars in venture funding and entrepreneurial success in the region.
Operating model
- Revenue model
- Earned-program. 92% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 70
- Accountability: 91
- Sustainability: 13
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Fail
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -6%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 0.19; rating input score 5; 5th percentile among comparable filings
- Liabilities to assets ratio: 0.83; rating input score 9; 9th percentile among comparable filings
- Officer compensation ratio: 19.4%; rating input score 13; 13th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -1.2% per year; rating input score 0; 8th percentile among comparable filings
- Asset growth: -22.7% per year; rating input score 0; 1st percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 32 of 32 board members independent · 7 of 9 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $326K · 32 people listed · 1 of 6 pay-setting controls reported
- Consistency: 12 of 12 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 18/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 5/100.
- High — Sustainability: Liabilities to assets ratio scored 9/100.
- High — Sustainability: Officer compensation ratio scored 13/100.