Civic Intelligence

Baker Industries Inc

EIN 23-2560245 • 501(c)3 • Malvern, PA

Profile

Provide a work training program

184 Pennsylvania AveMalvern, PA 19355

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

57th percentile

0.18x

Higher debt load relative to assets than 57% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

68th percentile

0.36x

Higher debt load relative to revenue than 68% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

81st percentile

30%

Higher net margin than 81% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

89th percentile

38%

Faster asset growth than 89% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

83rd percentile

41%

Faster revenue growth than 83% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Up

$12,128,990

Up $3,066,672 (+34%) from 2024

Liabilities

Up

$3,361,340

Up $2,533,074 (+306%) from 2024

Net Assets

Up

$8,767,650

Up $533,598 (+6.5%) from 2024

Revenue

Down

$2,721,171

Down $2,250,215 (-45%) from 2024

Expenses

Down

$2,441,507

Down $68,574 (-2.7%) from 2024

Net Income

Down

$279,664

Down $2,181,641 (-89%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2010: $2,821,999Liabilities 2010: $1,084,316Net Assets 2010: $1,737,6832010Assets 2011: $3,007,362Liabilities 2011: $1,024,082Net Assets 2011: $1,983,2802011Assets 2012: $3,226,166Liabilities 2012: $921,810Net Assets 2012: $2,304,3562012Assets 2013: $3,401,728Liabilities 2013: $858,541Net Assets 2013: $2,543,1872013Assets 2014: $3,437,767Liabilities 2014: $718,482Net Assets 2014: $2,719,2852014Assets 2015: $3,550,464Liabilities 2015: $733,696Net Assets 2015: $2,816,7682015Assets 2016: $3,593,747Liabilities 2016: $704,117Net Assets 2016: $2,889,6302016Assets 2017: $3,652,585Liabilities 2017: $628,860Net Assets 2017: $3,023,7252017Assets 2018: $3,598,122Liabilities 2018: $119,249Net Assets 2018: $3,478,8732018Assets 2019: $3,614,650Liabilities 2019: $50,869Net Assets 2019: $3,563,7812019Assets 2020: $3,875,757Liabilities 2020: $148,400Net Assets 2020: $3,727,3572020Assets 2021: $4,227,303Liabilities 2021: $266,497Net Assets 2021: $3,960,8062021Assets 2022: $4,763,166Liabilities 2022: $758,167Net Assets 2022: $4,004,9992022Assets 2023: $6,596,387Liabilities 2023: $1,169,477Net Assets 2023: $5,426,9102023Assets 2024: $9,062,318Liabilities 2024: $828,266Net Assets 2024: $8,234,0522024Assets 2025: $12,128,990Liabilities 2025: $3,361,340Net Assets 2025: $8,767,6502025

Highlighted filing

2025

Assets$12,128,990
Liabilities$3,361,340
Net Assets$8,767,650

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,557,3992010Expenses 2011: $2,665,7352011Expenses 2012: $2,887,8432012Revenue 2013: $3,007,169Expenses 2013: $2,800,296Net Income 2013: $206,8732013Revenue 2014: $3,398,088Expenses 2014: $3,240,893Net Income 2014: $157,1952014Revenue 2015: $3,669,884Expenses 2015: $3,569,794Net Income 2015: $100,0902015Revenue 2016: $2,733,977Expenses 2016: $2,689,803Net Income 2016: $44,1742016Revenue 2017: $2,599,020Expenses 2017: $2,517,261Net Income 2017: $81,7592017Revenue 2018: $2,673,766Expenses 2018: $2,187,979Net Income 2018: $485,7872018Revenue 2019: $2,216,768Expenses 2019: $2,232,798Net Income 2019: -$16,0302019Revenue 2020: $1,867,379Expenses 2020: $1,806,064Net Income 2020: $61,3152020Revenue 2021: $2,256,663Expenses 2021: $2,139,861Net Income 2021: $116,8022021Revenue 2022: $2,311,804Expenses 2022: $2,012,247Net Income 2022: $299,5572022Revenue 2023: $3,257,094Expenses 2023: $2,270,615Net Income 2023: $986,4792023Revenue 2024: $4,971,386Expenses 2024: $2,510,081Net Income 2024: $2,461,3052024Revenue 2025: $2,721,171Expenses 2025: $2,441,507Net Income 2025: $279,6642025

Highlighted filing

2025

Revenue$2,721,171
Expenses$2,441,507
Net Income$279,664

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$12.1$3.36$8.77$2.72$2.44$0.28
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.06$0.83$8.23$4.97$2.51$2.46
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.60$1.17$5.43$3.26$2.27$0.99
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.76$0.76$4.00$2.31$2.01$0.30
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.23$0.27$3.96$2.26$2.14$0.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.88$0.15$3.73$1.87$1.81$0.06
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.61$0.05$3.56$2.22$2.23$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.60$0.12$3.48$2.67$2.19$0.49
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.65$0.63$3.02$2.60$2.52$0.08
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.59$0.70$2.89$2.73$2.69$0.04
2015Detailed filing. Detailed filing data is available for this year.$3.55$0.73$2.82$3.67$3.57$0.10
2014Detailed filing. Detailed filing data is available for this year.$3.44$0.72$2.72$3.40$3.24$0.16
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.40$0.86$2.54$3.01$2.80$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.23$0.92$2.30$2.89
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.01$1.02$1.98$2.67
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.82$1.08$1.74$2.56
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Mar 7, 2026
Return Version
2025v4.0
Gross Receipts
$3,973,065
Mission and Program Overview

Mission

Provide a paid workforce development program for adults with disabilities, substance use disorder, on parole/probation, and/or homeless.

Provide a paid workforce development program for adults with disabilities, substance use disorders, on parole/probation, and/or homeless.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,017,455$3,947,287▼ $3,070,168
Savings and Temporary Cash Investments$56,782$3,347,302▲ $3,290,520
Pledges and Grants Receivable$924,858$957,019▲ $32,161
Cash and Non-Interest-Bearing Accounts$166,740$220,252▲ $53,512
Accounts Receivable$193,255$195,508▲ $2,253
Land, Buildings, and Equipment, Net$114,331$126,473▲ $12,142
Prepaid Expenses and Deferred Charges$1,909$1,964▲ $55
Total Assets$9,062,318$12,128,990▲ $3,066,672
Other Assets Total$586,988$3,333,185▲ $2,746,197
Liabilities
Other Liabilities$803,160$3,313,252▲ $2,510,092
Accounts Payable and Accrued Expenses$25,106$48,088▲ $22,982
Total Liabilities$828,266$3,361,340▲ $2,533,074
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,422,053$6,293,294▼ $128,759
Net Assets With Donor Restrictions$1,811,999$2,474,356▲ $662,357
Total Net Assets Fund Balance$8,234,052$8,767,650▲ $533,598
Total Liabilities and Net Assets / Fund Balance$9,062,318$12,128,990▲ $3,066,672

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$126,473$433,648$560,121
Other Assets Org$19,933--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2025$2,408,502$219,049▲ $232,937-$2,852,561
2024$1,379,759$950,158▲ $78,585-$2,408,502
2023-$1,368,547▲ $11,212-$1,379,759
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nicholas WatsonPresident &FT$147,789$8,867$156,656
Nicholas WatsonPresident & Treas.-$147,789$8,867$156,656
John H Thacher JrVice Chair &FT$56,000-$56,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,602,022
Program Service Revenue
$850,681
Investment Income
$294,277
Other Revenue
$-25,809
All Other Contributions
$1,441,715
Change in Net Assets
$279,664

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,700,458
Revenue Not Reported on Financial Statements
$20,713
Revenue Not Reported on Form 990
$304,234
Total Revenue per Audited Statements
$3,004,692
Total Revenue per Form 990
$2,721,171
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,820,708
Other Expenses$620,799
Total Fundraising Expense$164,353
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,239,255$54,380$45,316$1,338,951
Current Officers, Directors, Trustees, and Key Employees$91,705$61,137$50,947$203,789
Payroll Taxes$121,620$10,556$8,796$140,972
Other Employee Benefits$118,190$10,258$8,548$136,996
Occupancy$71,255$4,905$2,160$78,320
Office Expenses$51,055-$26,596$77,651
Insurance$62,819$8,226$3,739$74,784
All Other Expenses$58,066$5,032$5,536$68,634
Fees for Services Accounting-$59,599-$59,599
Information Technology$29,698$5,568$1,855$37,121
Advertising$31,204--$31,204
Depreciation Depletion$28,300--$28,300
Fees for Services Other$16,035$3,508$5,512$25,055
Other Expenses$20,409$1,392$1,392$23,193
Fees for Service Investment Mgmnt Fees-$20,713-$20,713
Total Functional Expenses$2,027,924$249,230$164,353$2,441,507

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,541,094
Total Expenses per Form 990$2,441,507
Expenses per Audited Statements$2,420,794
Expenses Not Reported on Form 990$120,300
Expenses Not Reported on Financial Statements$20,713
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$65,202
Fundraising Gross Income$33,095
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Invitation$82,401-$1,161-
Celebration Gal$111,001$33,095$8,743$24,352
Total Events$193,402$33,095$65,202$-32,107
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$2,839,767
457 Deferred Compensation Plan$473,485
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

Board of directors reviews form 990 before filed with irs.

Form 990, Page 6, Part VI, Line 12C

Board of directors reviews potential conflicts.

Form 990, Page 6, Part VI, Line 15A

Board of directors reviews and approves officer and management compensation.

Form 990, Page 6, Part VI, Line 15B

Board of directors reviews and approves officer and management compensation.

Form 990, Page 6, Part VI, Line 19

Information regarding the organization's governing documents, conflict of interest policy, and financial statements are available on the organization's website.

Filing and Contact Details

Filer

Filer Name
Baker Industries Inc
EIN
23-2560245
Phone
6102969795
Address
184 PENNSYLVANIA AVE, MALVERN, PA 19355

Signing Officer

Name
Nicholas Watson
Title
President & Treas.
Phone
6102969795
Signed
2026-03-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nicholas Watson
Formed
1989
Legal Domicile
Pa
Voting Board Members
22
Independent Board Members
20
Employees
172
Volunteers
157

Preparer

Firm
Umbreit Wileczek & Associates Pc
Address
712 E BALTIMORE PIKE, KENNETT SQUARE, PA 19348
Preparer
N Yvonne Bartlett CPA
Phone
6104443222
Raw XML AppendixShowing 400 of 635 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN H THACHER JR
IRS990/Form990PartVIISectionAGrp/PersonNm3CHARLES P BAKER III
IRS990/Form990PartVIISectionAGrp/PersonNm4ELIZABETH P CASTLEMAN
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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
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