The Arc Of Philadelphia
- Assets
- $5.1m
- Revenue
- $592.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 06/1981
- Data as of
- 06/2023
- EIN
- 23-1417534
Organization Overview
The Arc Of Philadelphia is located in Philadelphia, PA. The organization was established in 1981. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arc Of Philadelphia is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Arc Of Philadelphia generated $592.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $517.5k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE AND SUPPORT THE LIFE, HEALTH AND WELL-BEING OF PEOPLE WITH DEVELOPMENTAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVOCACY PROGRAMS PROVIDE SUPPORT TO ENHANCE THE LIFE, HEALTH AND WELL-BEING OF INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES TO INCLUDE THEIR FAMILIES AND GUARDIANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roy Diamond Chairperson | OfficerTrustee | 2 | $0 |
Marjorie Gardner Vice President | OfficerTrustee | 2 | $0 |
Norma Carter Director | Trustee | 1 | $0 |
Ann Cosfol Director | Trustee | 1 | $0 |
Edna Ramirez Director | Trustee | 1 | $0 |
Angel Graham Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $125,345 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $125,345 |
| Total Program Service Revenue | $407,595 |
| Investment income | $41,447 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $17,702 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $592,089 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $49,199 |
| Compensation of current officers, directors, key employees. | $17,220 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $186,196 |
| Pension plan accruals and contributions | $8,273 |
| Other employee benefits | $19,811 |
| Payroll taxes | $13,558 |
| Fees for services: Management | $78,318 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,354 |
| Fees for services: Other | $30,528 |
| Advertising and promotion | $0 |
| Office expenses | $9,369 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,563 |
| Travel | $7,914 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $39,710 |
| Depreciation, depletion, and amortization | $65,973 |
| Insurance | $0 |
| All other expenses | $707 |
| Total functional expenses | $517,473 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $267,874 |
| Savings and temporary cash investments | $158,777 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,996 |
| Net Land, buildings, and equipment | $407,147 |
| Investments—publicly traded securities | $967,240 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,336,355 |
| Total assets | $5,141,389 |
| Accounts payable and accrued expenses | $30,606 |
| Grants payable | $100,000 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $959,532 |
| Total liabilities | $1,090,138 |
| Net assets without donor restrictions | $2,951,867 |
| Net assets with donor restrictions | $1,099,384 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,141,389 |
Grants Awarded
Over the last fiscal year, The Arc Of Philadelphia has awarded $700,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NICOLE HINES INC PURPOSE: HOUSING INITIATIVE | $200,000 |
NEW MARKET WEST INC PURPOSE: HOUSING INITIATIVE | $500,000 |