Civic Intelligence

Old City Community Fund

990 • Fiscal year 2019 • EIN 14-1844219

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 18, 2020

231 Market StreetPhiladelphia, PA 19106

(215) 592-7929

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

85th percentile

0.24x

Higher debt load relative to assets than 85% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

90th percentile

0.31x

Higher debt load relative to revenue than 90% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

80th percentile

25%

Higher net margin than 80% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

82nd percentile

42%

Faster asset growth than 82% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

36th percentile

-8.5%

Faster revenue growth than 36% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$285,743

Up $84,451 (+42%) from 2018

Net Assets

Up

$216,690

Up $55,384 (+34%) from 2018

Liabilities

Up

$69,053

Up $29,067 (+73%) from 2018

Revenue

Down

$224,842

Down $21,016 (-8.5%) from 2018

Expenses

Down

$169,458

Down $44,590 (-21%) from 2018

Net Income

Up

$55,384

Up $23,574 (+74%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2013: $96,226Liabilities 2013: $19,188Net Assets 2013: $77,0382013Assets 2014: $239,687Liabilities 2014: $628Net Assets 2014: $239,0592014Assets 2015: $115,348Liabilities 2015: $28,798Net Assets 2015: $86,5502015Assets 2016: $151,608Liabilities 2016: $6,303Net Assets 2016: $145,3052016Assets 2017: $168,946Liabilities 2017: $39,450Net Assets 2017: $129,4962017Assets 2018: $201,292Liabilities 2018: $39,986Net Assets 2018: $161,3062018Assets 2019: $285,743Liabilities 2019: $69,053Net Assets 2019: $216,6902019Assets 2020: $347,002Liabilities 2020: $43,573Net Assets 2020: $303,4292020Assets 2021: $408,548Liabilities 2021: $30,742Net Assets 2021: $377,8062021Assets 2022: $448,879Liabilities 2022: $15,513Net Assets 2022: $433,3662022Assets 2023: $501,762Liabilities 2023: $17,794Net Assets 2023: $483,9682023Assets 2024: $579,547Liabilities 2024: $0Net Assets 2024: $579,5472024

Highlighted filing

2019

Assets$285,743
Liabilities$69,053
Net Assets$216,690

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2013: $92,983Expenses 2013: $85,192Net Income 2013: $7,7912013Revenue 2014: $302,269Expenses 2014: $140,173Net Income 2014: $162,0962014Revenue 2015: $98,447Expenses 2015: $250,956Net Income 2015: -$152,5092015Revenue 2016: $302,139Expenses 2016: $243,384Net Income 2016: $58,7552016Revenue 2017: $205,476Expenses 2017: $221,285Net Income 2017: -$15,8092017Revenue 2018: $245,858Expenses 2018: $214,048Net Income 2018: $31,8102018Revenue 2019: $224,842Expenses 2019: $169,458Net Income 2019: $55,3842019Revenue 2020: $151,670Expenses 2020: $64,931Net Income 2020: $86,7392020Revenue 2021: $131,750Expenses 2021: $57,373Net Income 2021: $74,3772021Revenue 2022: $170,281Expenses 2022: $114,721Net Income 2022: $55,5602022Revenue 2023: $160,704Expenses 2023: $110,102Net Income 2023: $50,6022023Revenue 2024: $131,965Expenses 2024: $36,386Net Income 2024: $95,5792024

Highlighted filing

2019

Revenue$224,842
Expenses$169,458
Net Income$55,384
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 18, 2020
Return Version
2019v5.1
Gross Receipts
$224,842
Mission and Program Overview

Mission

Old city community fund (occf) was formed for the purpose of promoting the restoration, maintenance and preservation of the facades, sidewalks and roadway on market street from front to fifth streets in philadelphia, pennsylvania. As further discussed in note 3, occf entered into an assumption agreement with historic east market street, inc. (hems) and assumed the rights, duties and obligations of hems regarding the maintenance of the market street east streetscape.

Old city community fund (occf) is a nonprofit organization whose mission is to encourage sustainable growth and development in old city while preserving the neighborhood's essential historic character and independent spirit.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$201,292$285,743▲ $84,451
Total Assets$201,292$285,743▲ $84,451
Liabilities
Accounts Payable and Accrued Expenses$39,986$69,053▲ $29,067
Total Liabilities$39,986$69,053▲ $29,067
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$159,306$214,690▲ $55,384
Net Assets With Donor Restrictions$2,000$2,000→ $0
Total Net Assets Fund Balance$161,306$216,690▲ $55,384
Total Liabilities and Net Assets / Fund Balance$201,292$285,743▲ $84,451
Compensation and Service Providers

Board Members and Trustees

NameTitle
Lynn HaskinChairman
Christopher McgillDirector
David NeffDirector
Donn ClendenonDirector
Doug PiresDirector
Ellen YinDirector
Kelly LeeDirector
Lauren GilchristDirector
Pat LavelleDirector
Patrick ShillennDirector
Peter RothbergDirector
Sheryl BarDirector
Theresa SingletonDirector
Dick GoldbergSecretary
Timothy SnowdenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$100,000
Program Service Revenue
$124,840
Investment Income
$2
Other Revenue
$0
Change in Net Assets
$55,384
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$169,458
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$162,533--$162,533
Fees for Services Accounting-$4,703-$4,703
Insurance-$2,222-$2,222
Total Functional Expenses$162,533$6,925$0$169,458
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Draft versions of form 990 were provided to the directors for review prior to finalization and filing.

Form 990, Part VI, Section C, Line 19

Financial information available upon request.

Filing and Contact Details

Filer

Filer Name
Old City Community Fund
EIN
14-1844219
Phone
2155927929
Address
231 MARKET STREET, PHILADELPHIA, PA 19106

Signing Officer

Name
Job Itzkowitz
Title
Executive Director
Phone
2155927929
Signed
2020-11-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Job Itzkowitz
Formed
2002
Legal Domicile
Pa
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
0

Preparer

Firm
Marks Paneth Llp
Address
261 OLD YORK RD STE 900, JENKINTOWN, PA 19046
Preparer
Anthony Delfiner
Phone
2155727790
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Brochure project: program service expenses 51,352. Management and general expenses 0. Fundraising expenses 0. Total expenses 51,352. Old city fest: program service expenses 100,513. Management and general expenses 0. Fundraising expenses 0. Total expenses 100,513. Special projects: program service expenses 10,668. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,668.

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IRS990/ProgSrvcAccomActy3Grp/Desc0SPECIAL PROJECTS: CONSIST OF REVENUES RECEIVED FROM OLD CITY SPECIAL SERVICES DISTRICT TO BE USED SPECIFICALLY FOR: 1. ECONOMIC ANALYSIS FOR THE PUBLICATION OF THE STATE OF OLD CITY 2. AFTER ADOPTING VISION 2026 IN DECEMBER 2015, OLD CITY COMMUNITY FUND IS CONDUCTING A STUDY TO ASSESS THE VIABILITY OF CREATING A SHARED SPACE STATION PLAZA AT 2ND AND MARKET STREET AND SEPARATED BIKE LANES BETWEEN 6TH AND 2ND STREETS. THE PLAZA WOULD BE AN EXTENSION OF CHRIST CHURCH PARK ON THE NORTH SIDE OF THE STREET, A GRACIOUS ARRIVAL/DEPARTURE POINT FOR THE MARKET-FRANKFORD LINE BELOW, AND A THRESHOLD TO THE NEW PENN'S LANDING TO THE EAST.
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IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt050490
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0100000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0100000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0100000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0200000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01448
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0501448
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt07
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt026
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt067
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt072
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0174
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0124840
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0145851
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0105450
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0102072
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt097092
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0575305
IRS990ScheduleA/PublicSupportCY170Pct00.46560
IRS990ScheduleA/PublicSupportPY170Pct00.52110
IRS990ScheduleA/PublicSupportTotal170Amt0501448
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0100000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0100000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0100000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0200000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01448
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0501448
IRS990ScheduleA/TotalSupportAmt01076927
IRS990/ScheduleBRequiredInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DRAFT VERSIONS OF FORM 990 WERE PROVIDED TO THE DIRECTORS FOR REVIEW PRIOR TO FINALIZATION AND FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FINANCIAL INFORMATION AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BROCHURE PROJECT: PROGRAM SERVICE EXPENSES 51,352. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 51,352. OLD CITY FEST: PROGRAM SERVICE EXPENSES 100,513. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 100,513. SPECIAL PROJECTS: PROGRAM SERVICE EXPENSES 10,668. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,668.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0OLD CITY SPECIAL SERVICES DISTRICT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0232944974
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0527
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MUNICIPAL AUTHORITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0231 MARKET STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PHILADELPHIA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd019106
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0201292
IRS990/TotalAssetsEOYAmt0285743
IRS990/TotalAssetsGrp/BOYAmt0201292
IRS990/TotalAssetsGrp/EOYAmt0285743
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0100000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06925
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0162533
IRS990/TotalFunctionalExpensesGrp/TotalAmt0169458
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt039986
IRS990/TotalLiabilitiesEOYAmt069053
IRS990/TotalLiabilitiesGrp/BOYAmt039986
IRS990/TotalLiabilitiesGrp/EOYAmt069053
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0161306
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0216690
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0162533
IRS990/TotalProgramServiceRevenueAmt0124840
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0124840
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0224842
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0201292
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0285743
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0231 MARKET STREET
IRS990/USAddress/CityNm0PHILADELPHIA
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd019106
IRS990/VotingMembersGoverningBodyCnt017
IRS990/VotingMembersIndependentCnt017
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOB ITZKOWITZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02155927929
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OLD CITY COMMUNITY FUND
ReturnHeader/Filer/BusinessNameControlTxt0OLDC
ReturnHeader/Filer/EIN0141844219
ReturnHeader/Filer/PhoneNum02155927929
ReturnHeader/Filer/USAddress/AddressLine1Txt0231 MARKET STREET
ReturnHeader/Filer/USAddress/CityNm0PHILADELPHIA

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