Philadelphia Engineering Foundation
- Assets
- $119.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 08/1971
- Data as of
- 06/2018
- EIN
- 23-7125573
Organization Overview
Philadelphia Engineering Foundation is located in Philadelphia, PA. The organization was established in 1971. According to its NTEE Classification (U42) the organization is classified as: Engineering, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philadelphia Engineering Foundation 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 06/2018, Philadelphia Engineering Foundation generated $19.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (29.5%) each year. All expenses for the organization totaled $32.4k during the year ending 06/2018. As we would expect to see with falling revenues, expenses have declined by (19.8%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert M Wright President | 1 | $0 | |
Carol Martsolf Vice Preside | 1 | $0 | |
James Markham Treasurer | 1 | $0 | |
Matthew Burns Director | 1 | $0 | |
Eric Flicker Director | 1 | $0 | |
Bob Gelsher Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,657 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4,336 |
| Gain or Loss | $2 |
| Net Income from Gaming & Fundraising | -$3,463 |
| Other Revenue | $0 |
| Total Revenue | $19,532 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $13,342 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,815 |
| Total expenses | $32,407 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $114,412 |
| Other assets | $0 |
| Total assets | $119,212 |
| Total liabilities | $4,800 |
| Net assets or fund balances | $114,412 |