Philadelphia Fight
- Assets
- $17.5m
- Revenue
- $51.6m
- Investments
- $0.0
- Employees
- 278
- Location
- Philadelphia, PA
- Founding
- 04/1991
- Data as of
- 06/2022
- EIN
- 23-2625934
Organization Overview
Philadelphia Fight is located in Philadelphia, PA. The organization was established in 1991. According to its NTEE Classification (H20) the organization is classified as: Birth Defects & Genetic Diseases Research, under the broad grouping of Medical Research and related organizations. As of 06/2022, Philadelphia Fight employed 278 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philadelphia Fight 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 06/2022, Philadelphia Fight generated $51.6m in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $51.6m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE MISSION STATEMENT IN SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
PATIENT SERVICES - (SEE DESCRIPTION IN SCHEDULE O ATTACHMENT)
OTHER PROGRAMS - (SEE DESCRIPTION IN SCHEDULE O ATTACHMENT)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Revernest Mcnear Board President | OfficerTrustee | 2 | $0 |
Lovada Washington Board Vice-President | OfficerTrustee | 1 | $0 |
Richard Lombardo Board Treasurer | OfficerTrustee | 2 | $0 |
Andy Stremy Board Secretary | OfficerTrustee | 2 | $0 |
Kevin Cotten Board Member | Trustee | 1 | $0 |
Scott A Drake Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hartman Executive It Contractor | 6/29/22 | $216,107 |
Eclinical Works Llc License & Tech Support | 6/29/22 | $140,155 |
Lab Corp Lab Test Fees | 6/29/22 | $169,755 |
Yikes It Contractor | 6/29/22 | $135,900 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,432,884 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,115,565 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,548,449 |
| Total Program Service Revenue | $43,939,667 |
| Investment income | $78,496 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$4,727 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $51,561,885 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $47,819 |
| 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. | $1,078,115 |
| Compensation of current officers, directors, key employees. | $61,681 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,628,856 |
| Pension plan accruals and contributions | $383,256 |
| Other employee benefits | $2,433,753 |
| Payroll taxes | $1,005,722 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,126 |
| Fees for services: Accounting | $86,981 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $31,135 |
| Fees for services: Other | $1,156,638 |
| Advertising and promotion | $35,810 |
| Office expenses | $1,083,411 |
| Information technology | $384,056 |
| Royalties | $0 |
| Occupancy | $1,549,241 |
| Travel | $192,049 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,479 |
| Interest | $7 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $926,859 |
| Insurance | $172,107 |
| All other expenses | $0 |
| Total functional expenses | $51,635,571 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,201,940 |
| Savings and temporary cash investments | $975,146 |
| Pledges and grants receivable | $87,175 |
| Accounts receivable, net | $7,351,866 |
| 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 | $157,202 |
| Net Land, buildings, and equipment | $2,068,319 |
| Investments—publicly traded securities | $2,585,901 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $71,878 |
| Total assets | $17,499,427 |
| Accounts payable and accrued expenses | $3,682,327 |
| Grants payable | $0 |
| 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 | $0 |
| Total liabilities | $3,682,327 |
| Net assets without donor restrictions | $13,530,943 |
| Net assets with donor restrictions | $286,157 |
| 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 | $17,499,427 |
Grants Awarded
Over the last fiscal year, Philadelphia Fight has awarded $47,819 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY CONNECTIONS & SERVICES PURPOSE: Counseling | $26,542 |
CATHOLIC SOCIAL SERVICE PURPOSE: See Pt.4 | $21,277 |