William Penn Association
Nonprofit profile at a glance
- EIN
- 250856580
- IRS 990 coverage
- 2010–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025, Form 990-N 2020
- Location
- Pittsburgh, PA, US
- Phone
- (412) 231-2979
- Rating confidence
- Limited
Reported finances
- Revenue
- $66,771,730
- Expenses
- $64,989,334
- Assets
- $507,786,910
- Liabilities
- $454,230,529
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- DIANE M TORMA (PRESIDENT/CEO)
Highest reported compensation
- DIANE M TORMA (PRESIDENT/CEO): $273,148 total reported compensation
- CASSANDRA HOLMES (CHIEF ADMINISTRATIVE OFFICER): $193,806 total reported compensation
- ADAM C SEDAR (CHIEF FINANCIAL OFFICER): $187,314 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Conduct business as an outstanding fraternal benefit society and provide for payment of death, disability, annuity, and other benefits for its members and their beneficiaries. Render service to members and perform cultural, charitable, educational, patriotic and religious work. Promote and provide charitable contributions to worthy organizations and causes throughout the world through the William Penn Association Foundation, Inc.
What it reported doing in 2025
Life insurance, annuities, and other fraternal benefits (22,644 certificates in force; $311,024,227 of life insurance policies in force).
Operating model
- Revenue model
- Earned-program. 61% 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: 76
- Accountability: 42
- Sustainability: 54
- Growth: 60
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; 66th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Pass
- 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: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 2.7%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 7.81; rating input score 83; 83rd percentile among comparable filings
- Liabilities to assets ratio: 0.89; rating input score 9; 9th percentile among comparable filings
- Officer compensation ratio: 2%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 1.9% per year; rating input score 100; 12th percentile among comparable filings
- Asset growth: 5.1% per year; rating input score 100; 36th percentile among comparable filings
Details
- What they do: 6 programs and campaigns described on the official site · 22 operating locations identified
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 0 of 7 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $273K · 12 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $1M reported
- Consistency: 12 of 12 current checks pass
- Schedules: 4 filed schedules · includes executive pay
- Filing history: 16 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 12 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.
- 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 — Accountability: Independent voting board scored 0/100.
- Moderate — Sustainability: Operating margin scored 46/100.
- High — Sustainability: Liabilities to assets ratio scored 9/100.