Liabilities / Assets
73rd percentile
Higher debt load relative to assets than 73% of similar nonprofits.
The Philadelphia Fashion Incubator
EIN 45-2561701 • 501(c)3 • Philadelphia, PA
Pub. 78 Eligible
Profile
The purpose of the incuabtor is to provide opportunities for education and support and promote emerging fashion designers and the fashion community in the philadelphia area.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.04x
Liabilities / Revenue
79th percentile
Higher debt load relative to revenue than 79% of similar nonprofits.
Net Margin
8th percentile
Higher net margin than 8% of similar nonprofits.
Top Officer Pay
98th percentile
Higher top officer pay than 98% of similar nonprofits.
Top officer pay equals 124.6% of source-year revenue.
Asset Growth
19th percentile
Faster asset growth than 19% of similar nonprofits.
Revenue Growth
32nd percentile
Faster revenue growth than 32% of similar nonprofits.
Balance Sheet
Assets
Down$116,125
Down $122,652 (-51%) from 2023
Liabilities
Down$4,427
Down $4,558 (-51%) from 2023
Net Assets
Down$111,698
Down $118,094 (-51%) from 2023
Revenue
Down$81,678
Down $22,847 (-22%) from 2023
Expenses
Up$199,772
Up $47,841 (+31%) from 2023
Net Income
Down-$118,094
Down $70,688 (-149%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $116,125
- Liabilities
- $4,427
- Net assets
- $111,698
- Revenue
- $81,678
- Expenses
- $199,772
- Net income
- -$118,094
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Nov 6, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $81,678
Mission and Program Overview
Mission
The purpose of the incuabtor is to provide opportunities for education and support and promote emerging fashion designers and the fashion community in the philadelphia area.
See Schedule O
Program Services
| Description | Grants | Expenses |
|---|---|---|
| See Schedule O | - | $199,772 |
| Public Programs to help create a hub for the Philadelphia fashion community, networking opportunities for attendees and promotion of the fashion incubator. | - | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Elissa Bloom | Executive Director | FT | $97,700 | $4,050 | $101,750 |
| Conrad Booker | Director | - | $0 | - | - |
| Earl Boyd | Director | - | $0 | - | - |
| Aliza Karetnick | Director | - | $0 | - | - |
| Vickie Rotante | Director | - | $0 | - | - |
| Erik Seel | Director | - | $0 | - | - |
| Michelle Shannon | Director | - | $0 | - | - |
| Mindy Solkin | Director | - | $0 | - | - |
| Anne Millman | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- The Philadelphia Fashion Incubator
- EIN
- 45-2561701
- In Care Of
- % Elissa Bloom
- Phone
- 2152419000
- Address
- 706 S 4th Street, Philadelphia, PA 19147
Signing Officer
- Name
- Elissa Bloom
- Title
- Executive Director
- Phone
- 2152419000
- Signed
- 2025-11-06
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Jonathan Furlow CPA
- Address
- 1077 Rydal Road Suite 200, Rydal, PA 19046
- Preparer
- Jonathan Furlow
- Phone
- 2155721500
Supplemental Narrative
Additional Explanations
Description of other expenses Part I line 16
“Description AmountAdvertising & Promotion 2,380Business Registration 533Bank Fees 138Interest & Finance Fees 371Equipment Rental 1,331Dues & Subscriptions 3,819Supplies 2,625Telephone Expense 1,987Computer Expense 6,192Signage 1,385Payroll Service Fees 5,062Insurance 6,336Travel & Meetings 7,669Non-Investment Depreciation 3,406”
Description of other assets Part II line 24
“Category Beginning of Year End of YearAccounts Receivable 62,500 0Net Fixed Assets 30,699 29,603Prepaid Insurance 1,281 1,580Security Deposits 2,450 2,450”
Description of total liabilities Part II line 26
“Category Beginning of Year End of YearAccounts Payable & Accrued Exp 8,985 4,427”
Raw XML Appendix190 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/ExpenseAccountOtherAllwncAmt | 8 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | Erik Seel |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | Anne Millman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Executive Director |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Director |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | Director |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
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| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
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| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 478 |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description AmountAdvertising & Promotion 2,380Business Registration 533Bank Fees 138Interest & Finance Fees 371Equipment Rental 1,331Dues & Subscriptions 3,819Supplies 2,625Telephone Expense 1,987Computer Expense 6,192Signage 1,385Payroll Service Fees 5,062Insurance 6,336Travel & Meetings 7,669Non-Investment Depreciation 3,406 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Category Beginning of Year End of YearAccounts Receivable 62,500 0Net Fixed Assets 30,699 29,603Prepaid Insurance 1,281 1,580Security Deposits 2,450 2,450 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Category Beginning of Year End of YearAccounts Payable & Accrued Exp 8,985 4,427 |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other assets Part II line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of total liabilities Part II line 26 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ELISSA BLOOM |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Executive Director |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2152419000 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-06 |
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| ReturnHeader/Filer/EIN | 0 | 452561701 |
| ReturnHeader/Filer/InCareOfNm | 0 | % Elissa Bloom |
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| ReturnHeader/Filer/USAddress/CityNm | 0 | Philadelphia |
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| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 223513000 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Jonathan Furlow CPA |
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| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Rydal |
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| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2155721500 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-11-17 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JONATHAN FURLOW |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2025-11-17T13:10:22-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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