Souderton Community Development Corporation

Nonprofit profile at a glance

EIN
460494456
IRS 990-EZ coverage
2012–2025
Forms available
Form 990 2011, Form 990-EZ 2025
Location
Souderton, PA, USA
Phone
2157236627
Rating
94
Verdict
STRONG
Rating confidence
Moderate
Sector
Economic Development

Official website

Reported finances

Revenue
$115,440
Expenses
$121,827
Assets
$77,147
Liabilities
$230

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • KYLIE HARRINGTON (PRESIDENT)

People named in this filing

  • DARYL LITTLEFIELD (DIRECTOR)
  • DONNA ROGERS (DIRECTOR)
  • ASHLYN BERGEY (DIRECTOR)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of the souderton community development corporation is to promote the development and marketing of distinctive business and culture opportunities for vibrant downtown communities.

What it reported doing in 2025

The souderton cdc ("scdc") works to improve public perception by the public and potential investors of the town of souderton. To achieve this goal, the volunteers run several events that have become part of the local heritage.the first is the over 50-year-old souderton holiday parade. Scdc has made the parade self-sustaining through donations by participants and sponsorships. The attendance has steadily increased since scdc took over the operation.3rd fridays from may through october are date night meets block party. Providing fun for the whole family, 3rd friday allows visitors meet new and old friends as they enjoy live music, food trucks, beer and wine, art, ice cream, vendors, retailers with extended hours and more.scdc also handles several smaller events like the souderton tree lighting ceremony or participates in larger community events. In 2014, the organization added a new annual event - the art jam (souderton). This event celebrates artists from all over the area and brings them into a group where crowds gather to see the individual vendors, listen to great music and partake in all the various forms of food offered. These annual events bring all kinds of business to the area.scdc also works to communicate with a greater audience about the qualities of souderton. They circulate an email newsletter at least twice a month full of community events, business news and anything that would encourage readers to shop, and work or play in the towns.a revitalization committee was formed to work directly with montgomery county department of economic development to bring new business to the downtown area. The committee works specifically with property owners that have vacant or undeveloped business or properties within the borough. The committee is dedicated to new business owners in town. New business is promoted through spotlights on the souderton connects website, ribbon cutting ceremonies and social media exposure through our facebook and instagram pages.the scdc also shares community events with online calendars of local and regional newspapers and other resources. They actively participate in regional marketing efforts through the valley forge convention and visitor bureau's publications and websites, see www.montcomainstreets.com.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 100
  • Sustainability: 35
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 96.8%; rating input score 97

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -5.5%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 0.63; rating input score 45; 45th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 43; 43rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 5.2% per year; rating input score 100; 46th percentile among comparable filings
  • Revenue growth: -1.5% per year; rating input score 0; 14th percentile among comparable filings
  • Asset growth: 3.3% per year; rating input score 100; 37th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 96.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $118K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 13 filing years from 2012 to 2025
  • Contacts: How to reach this organization
  • 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 — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 19/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 43/100.