German-american Business Association of Philadelphia Inc
501(c)(6)
Only null% goes to programs Growing revenue
German-american Business Association of Philadelphia Inc is a 501(c)(6) organization based in Philadelphia, Pennsylvania, registered in 1990, with $98,886 in FY2024 revenue. CharityIndex grades it D.
230 S Broad St 17th Floor, Philadelphia, PA, 19102 EIN 23-2586662 Since 1990
Revenue (FY2024)
$99K
▲ 3.5% vs prior year
Expenses (FY2024)
$304K
Net assets
$51K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
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 German-american Business Association of Philadelphia Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating2 mo reserves · -208% margin
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 German-american Business Association of Philadelphia Inc: 2 mo reserves · -208% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 German-american Business Association of Philadelphia Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 German-american Business Association of Philadelphia Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 230 S Broad St 17th Floor, Philadelphia, PA, 19102
- City
- Philadelphia
- State
- Pennsylvania
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue declined from $180K (FY2010) to $99K (FY2024) across 15 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $47KNet assets $51K
Operating margin
-207.7%
Spent more than it raised in the latest fiscal year.
Total assets
$98K
Total liabilities
$47K
Net assets
$51K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $98,886▲3.5% | $304,321▲19.6% | $51,073▲7.5% | $98,237▲8.1% | 990EZ |
| 2023 | $95,576▲6.7% | $254,401▲4.1% | $47,492▼6.3% | $90,844▲4.7% | 990EZ |
| 2022 | $89,562▲69.9% | $244,460▲39.5% | $50,672▲6.7% | $86,796▲13.3% | 990EZ |
| 2021 | $52,721▼11.6% | $175,200▼0.1% | $47,471▲31.0% | $76,589▲54.3% | 990EZ |
| 2020 | $59,620▼45.8% | $175,313▼31.3% | $36,230▲1528% | $49,623▲90.0% | 990EZ |
| 2019 | $110,085▲118% | $255,253▲381% | -$2,537▼110% | $26,124▲1.4% | 990EZ |
| 2018 | $50,550▼63.9% | $53,057▼72.9% | $25,368▲357% | $25,768▲76.1% | 990EZ |
| 2017 | $140,012▼8.7% | $195,631▲2.2% | $5,554▲31.3% | $14,634▼6.6% | 990EZ |
| 2016 | $153,434▼0.2% | $191,493▼2.9% | $4,230▼53.7% | $15,667▼13.7% | 990EZ |
| 2015 | $153,716▲19.6% | $197,123▼4.4% | $9,135▼72.6% | $18,147▼49.8% | 990EZ |
| 2014 | $128,517▲9.7% | $206,177▲3.0% | $33,317▲4.8% | $36,158▼28.0% | 990EZ |
| 2013 | $117,145▼9.8% | $200,147▼7.1% | $31,790▲152% | $50,224▲54.6% | 990EZ |
| 2012 | $129,907▼23.1% | $215,527▼15.4% | $12,626▲464% | $32,495▲69.2% | 990EZ |
| 2011 | $168,906▼5.9% | $254,631▼3.3% | -$3,468▲34.3% | $19,203▲9.8% | 990EZ |
| 2010 | $179,533 | $263,185 | -$5,282 | $17,485 | 990EZ |
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.
Frequently asked questions
- Is German-american Business Association of Philadelphia Inc a legitimate nonprofit?
- Yes. German-american Business Association of Philadelphia Inc is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 23-2586662, based in Philadelphia, Pennsylvania.
- What is German-american Business Association of Philadelphia Inc's EIN?
- German-american Business Association of Philadelphia Inc's Employer Identification Number (EIN) is 23-2586662.
- How much revenue does German-american Business Association of Philadelphia Inc report?
- German-american Business Association of Philadelphia Inc reported $98,886 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does German-american Business Association of Philadelphia Inc have?
- CharityIndex grades German-american Business Association of Philadelphia Inc D, based on financial health (reserves and operating margin).
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Data for German-american Business Association of Philadelphia Inc (EIN 23-2586662) 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.