Pennsylvania 30 Day Fund Inc
Nonprofit profile at a glance
- EIN
- 850869736
- IRS 990-EZ coverage
- 2022–2023
- Forms available
- Form 990 2021, Form 990-EZ 2023
- Location
- Philadelphia, PA, USA
- Phone
- 2158391000
- Rating confidence
- Limited
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $0
- Expenses
- $59,856
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- JEFFREY BARTOS (CHAIR)
- STEVEN BRADLEY (MEMBER)
- ROGER BRAUNFELD (MEMBER AND SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide $3000 forgivable loans to small businesses across Pennsylvania struggling with the covid-19 pandemic and related shutdowns.
What it reported doing in 2023
On november 15, 2023, upon unanimous consent the board of directors approved the plan of dissolution. Plan of dissolution was filed with the state of Pennsylvania. Remaining cash assets were distributed by december 31, 2023, in accordance with the Pennsylvania not-for-profit corporation law of 1988, as amended ("ncl), and the bylaws of the corporation.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Grant intermediary. The nonprofit sent 96% of its reported program spending out as grants.
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: 38
- Transparency & Controls: 74
- Sustainability: 7
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 2nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 165.7% per year; rating input score 100; 99th percentile among comparable filings
- Revenue growth: -114.9% per year; rating input score 0; 2nd percentile among comparable filings
- Asset growth: -97.1% per year; rating input score 0; 2nd percentile among comparable filings
Details
- Where the money goes: 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $60K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2022 to 2023
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 2 filed related-organization links
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.