Fay-penn Economic Development Corporation is a 501(c)(3) organization based in Lemont Frnc, Pennsylvania, registered in 1992, with $6,357,096 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$6.4M
▲ 50.1% vs prior year
Community median: $184K
Expenses (FY2024)
$4.1M
Net assets
$48.8M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Fay-penn Economic Development Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Fay-penn Economic Development Corporation: 142 mo reserves · +35% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Fay-penn Economic Development Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Fay-penn Economic Development Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $4.4M (FY2013) to $6.4M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
35.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$65.8M
Total liabilities
$17.0M
Net assets
$48.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $6,357,096▲50.1% | $4,117,862▼1.0% | $48,800,837▲5.4% | $65,802,678▲8.3% | 990 |
| 2023 | $4,236,301▼19.6% | $4,161,109▲0.1% | $46,281,975▲1.0% | $60,743,118▲6.3% | 990 |
| 2022 | $5,269,897▲28.0% | $4,155,247▲8.5% | $45,829,816▲0.4% | $57,122,133▲2.3% | 990 |
| 2021 | $4,117,570▼1.1% | $3,828,104▲1.3% | $45,626,641▲1.1% | $55,827,016▲8.4% | 990 |
| 2020 | $4,163,921▲26.0% | $3,778,785▲2.8% | $45,114,229▲1.7% | $51,521,881▲4.3% | 990 |
| 2019 | $3,305,380▼3.1% | $3,677,448▲7.5% | $44,376,397▲0.2% | $49,377,376▼2.4% | 990 |
| 2018 | $3,411,201▲19.1% | $3,421,424▼0.9% | $44,297,335▼0.6% | $50,575,280▲2.2% | 990 |
| 2017 | $2,865,275▼20.4% | $3,452,827▲9.1% | $44,570,977▼1.6% | $49,496,336▼0.7% | 990 |
| 2016 | $3,597,556▼24.1% | $3,165,548▲1.5% | $45,283,719▲1.1% | $49,857,052▲2.0% | 990 |
| 2015 | $4,740,696▲17.8% | $3,120,168▼4.8% | $44,779,698▲39.2% | $48,862,325▲17.1% | 990 |
| 2014 | $4,025,037▼8.4% | $3,276,909▲3.0% | $32,160,886▲2.4% | $41,726,063▲2.2% | 990 |
| 2013 | $4,393,952 | $3,180,737▼15.8% | $31,412,758▲4.0% | $40,834,909▲1.4% | 990 |
| 2012 | — | $3,776,100▲18.8% | $30,199,543▲17.2% | $40,267,068▲26.8% | 990 |
| 2011 | — | $3,179,519▲12.2% | $25,775,621▼0.5% | $31,748,431▼0.9% | 990 |
| 2010 | — | $2,834,885 | $25,893,413 | $32,035,182 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Fay-penn Economic Development Corporation (EIN 25-1649514) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.