Civic Intelligence

The Penn Foundation Inc

EIN 27-4856239 • 501(c)3 • Brooklyn, NY

Profile

COMMUNITY SERVICES

70 Pennsylvania AvenueBrooklyn, NY 11207

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

26th percentile

-5.1%

Higher net margin than 26% of similar nonprofits.

NTEE P20 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

NTEE P20 • <$500k nonprofits • Source year 2024

Asset Growth

45th percentile

-0.9%

Faster asset growth than 45% of similar nonprofits.

NTEE P20 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

39th percentile

-10%

Faster revenue growth than 39% of similar nonprofits.

NTEE P20 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$494,384

Down $4,531 (-0.9%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$494,384

Down $4,531 (-0.9%) from 2023

Revenue

Down

$88,400

Down $9,920 (-10%) from 2023

Expenses

Up

$92,931

Up $3,946 (+4.4%) from 2023

Net Income

Down

-$4,531

Down $13,866 (-149%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2014: $471,666Liabilities 2014: $28,774Net Assets 2014: $442,8922014Assets 2015: $472,361Liabilities 2015: $26,293Net Assets 2015: $446,0682015Assets 2016: $471,850Liabilities 2016: $31,828Net Assets 2016: $440,0222016Assets 2017: $471,610Net Assets 2017: $471,6102017Assets 2018: $472,716Net Assets 2018: $472,7162018Assets 2019: $473,565Net Assets 2019: $473,5652019Assets 2021: $480,831Net Assets 2021: $480,8312021Assets 2022: $489,580Net Assets 2022: $489,5802022Assets 2023: $498,915Net Assets 2023: $498,9152023Assets 2024: $494,384Net Assets 2024: $494,3842024

Highlighted filing

2024

Assets$494,384
Liabilities-
Net Assets$494,384

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2014: $131,503Expenses 2014: $138,862Net Income 2014: -$7,3592014Revenue 2015: $126,929Expenses 2015: $123,753Net Income 2015: $3,1762015Revenue 2016: $105,309Expenses 2016: $111,355Net Income 2016: -$6,0462016Revenue 2017: $98,031Expenses 2017: $98,271Net Income 2017: -$2402017Revenue 2018: $120,937Expenses 2018: $119,831Net Income 2018: $1,1062018Revenue 2019: $102,330Expenses 2019: $101,481Net Income 2019: $8492019Revenue 2021: $65,108Expenses 2021: $59,590Net Income 2021: $5,5182021Revenue 2022: $71,580Expenses 2022: $62,831Net Income 2022: $8,7492022Revenue 2023: $98,320Expenses 2023: $88,985Net Income 2023: $9,3352023Revenue 2024: $88,400Expenses 2024: $92,931Net Income 2024: -$4,5312024

Highlighted filing

2024

Revenue$88,400
Expenses$92,931
Net Income-$4,531

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.2
Gross Receipts
$88,400
Mission and Program Overview

Mission

COMMUNITY SERVICES

Program Services

DescriptionGrantsExpenses
COMMUNITY FEEDING PROGRAM: FUNDED BY FOOD DONATIONS OF MEMBERSHIPTHREE TIMES MONTHLYSPACE AND FACILITIES PROVIDED FREE-OF-CHARGE$0$0
SUZANNE JEFFERIES BALLET DANCE CLASS FOR CHILDREN AGES 6-18SPACE AND FACILITIES PROVIDED FREE-OF-CHARGE$0$0
HEALTH AWARENESS FAIR HOSTED BY PENN FOUNDATION TWICE YEARLYGUEST SPEAKERS & MEDICAL PROFESSIONALS OFFER FREE SEMINARSSPACE AND FACILITIES PROVIDED FREE-OF-CHARGE$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PATRICK FULLERCEOPT$0--
MICHAEL MORRISPresidentPT$0--
HOWARD SOLOMONVice PresidentPT$0--
THERESA DEVARDSecretaryPT$0--
TAMEKA MONOREFinancial SecretaryPT$0--
DARELL BANKSTreasurerPT$0--
MAXINE WHITE-BROWNBooking AgentPT$0--
Filing and Contact Details

Filer

Filer Name
The Penn Foundation Inc
EIN
27-4856239
Phone
3472951000
Address
70 PENNSYLVANIA AVENUE, BROOKLYN, NY 11207

Signing Officer

Name
Darell Banks
Title
Treasurer
Phone
3472951000
Signed
2025-05-15

Preparer

Firm
Many Happy Returns Inc
Address
27 WARREN STREET SUITE 104, HACKENSACK, NJ 07601
Preparer
John R Godino Cfp Afsp
Phone
2013430008
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

Maintenance & rental fees 88400.

Form 990EZ, Part I, Line 16

BANK SERVICE CHARGES 51.

Form 990EZ, Part I, Line 16

INSURANCE 8327.

Form 990EZ, Part I, Line 16

Legal & professional 2444.

Form 990EZ, Part I, Line 16

Repairs & maintenance 40645.

Form 990EZ, Part I, Line 16

FIRE & SECURITY 1892.

Form 990EZ, Part I, Line 16

BUILDING SUPPLIES 5335.

Form 990EZ, Part I, Line 16

UTILITIES 28237.

Form 990EZ, Part I, Line 16

DEPRECIATION 6000.

Form 990EZ, Part II, Line 26

LOAN PAYABLE

Raw XML Appendix182 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PATRICK FULLER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5DARELL BANKS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6MAXINE WHITE-BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0ceo
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4FINANCIAL SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOOKING AGENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt092931
IRS990EZ/OtherRevenueTotalAmt088400
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt20
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TotalExpensesAmt092931
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IRS990EZ/TransactionWithControlEntInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MAINTENANCE & RENTAL FEES 88400.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BANK SERVICE CHARGES 51.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INSURANCE 8327.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LEGAL & PROFESSIONAL 2444.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REPAIRS & MAINTENANCE 40645.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FIRE & SECURITY 1892.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BUILDING SUPPLIES 5335.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7UTILITIES 28237.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DEPRECIATION 6000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9LOAN PAYABLE
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DARELL BANKS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03472951000
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE PENN FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0PENN
ReturnHeader/Filer/EIN0274856239
ReturnHeader/Filer/PhoneNum03472951000
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ReturnHeader/Filer/USAddress/CityNm0BROOKLYN
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0222968392
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MANY HAPPY RETURNS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt027 WARREN STREET SUITE 104
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HACKENSACK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007601
ReturnHeader/PreparerPersonGrp/PhoneNum02013430008
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN R GODINO CFP AFSP
ReturnHeader/ReturnTs02025-11-13T10:49:08-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. NTEE P20 • <$500k nonprofits