BEN FRANKLIN TECHNOLOGY PTRS OF SE PA Charity Report

Public IRS 990 nonprofit record

BEN FRANKLIN TECHNOLOGY PTRS OF SE PA

EIN 23-2527210 · Community Improvement & Capacity Building (S430)

What they do

BEN FRANKLIN STIMULATES ECONOMIC GROWTH and INNOVATION IN THE REGION THROUGH INITIATIVES and PARTNERSHIPS THAT ACCELERATE THE DEVELOPMENT of NEW TECHNOLOGIES and THEIR COMMERCIALIZATION PRIMARILY THROUGH INVESTMENTS IN and SUPPORT of TECHNOLOGY-BASED ENTERPRISES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $47.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders29 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

28.31%of revenue went to mission work47.3% of expenses · Program services

$59.87spent for every $100 of revenueRevenue covered expenses this year.

31.56%of revenue went to management and office costs52.7% of expenses

$11.53in assets for every $1 spent this yearSome assets cannot be spent right away.

36.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $557,263 for SANIAH M JOHNSON CPA (CFO/ASST CORPORATE TREASURER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$15,534,909

Mission workProgram services$4,397,79028.31% of revenue47.3% of expenses

ManagementOffice and general costs$4,903,20131.56% of revenue52.7% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$6,233,91840.13% of revenueShown in gray on the chart

Total expenses$9,300,99159.87% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 47.3% mission · 52.7% management · 0.0% fundraisingTotal expenses: 59.87% of revenue

2023Expense mix: 48.1% mission · 51.9% management · 0.0% fundraisingTotal expenses: 70.46% of revenue

2022Expense mix: 64.7% mission · 35.3% management · 0.0% fundraisingTotal expenses: 145.03% of revenue

2021Expense mix: 50.2% mission · 49.8% management · 0.0% fundraisingTotal expenses: 63.63% of revenue

2020Expense mix: 60.8% mission · 39.2% management · 0.0% fundraisingTotal expenses: 91.25% of revenue

2019Expense mix: 73.3% mission · 26.7% management · 0.0% fundraisingTotal expenses: 118.82% of revenue

2018Expense mix: 70.6% mission · 29.4% management · 0.0% fundraisingTotal expenses: 49.69% of revenue

Money in and money out

Revenue$15,534,909

Expenses$9,300,991

Annual surplus $6,233,918 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$4,397,790 · 47.3% of expenses

Management and office costs$4,903,201 · 52.7% of expenses

See all reported dollar amounts

Revenue$15,534,909

Expenses$9,300,991

Assets$107,202,070

Income$19,936,458

Contributions$5,676,723

Mission work (program services)$4,397,790

Grants given$513,176

Average grant$10,264

Management and general$4,903,201

Executive compensation (total)$1,071,469

Stocks and bonds$32,087

Accounting fees$152,617

Investing fees$184,089

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

SANIAH M JOHNSON CPACFO/ASST CORPORATE TREASURER · 50 hrs/week $557,263Base $340,468 · Other $216,795

SCOTT NISSENBAUMPRESIDENT AND CEO · 50 hrs/week $492,167Base $445,527 · Other $46,640

WILLIAM KIESLINGCOO/GENL COUNSEL/ASST CORP SECRETARY · 50 hrs/week $382,815Base $339,071 · Other $43,744

ANTHONY GREENCHIEF SCIENTIFIC OFFICER · 44 hrs/week $317,145Base $277,647 · Other $39,498

OMAR MENCINMANAGING DIRECTOR, TECH INVESTMENT · 40 hrs/week $306,542Base $286,192 · Other $20,350

KATHERINE JORDANMANAGING DIRECTOR, HEALTHCARE INVESTMENT · 40 hrs/week $295,333Base $261,850 · Other $33,483

MARGARET BRADLEYVP STRATEGIC INITIATIVES · 40 hrs/week $291,884Base $245,318 · Other $46,566

ASTON WILLIAMSINVESTMENT DIRECTOR · 40 hrs/week $220,588Base $204,688 · Other $15,900

DORTHEA CHRUPCALAASST CORP SECRETARY/CHIEF OF STAFF · 35 hrs/week $148,652Base $113,136 · Other $35,516

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (29)

SANIAH M JOHNSON CPACFO/ASST CORPORATE TREASURER

SCOTT NISSENBAUMPRESIDENT AND CEO

WILLIAM KIESLINGCOO/GENL COUNSEL/ASST CORP SECRETARY

ANTHONY GREENCHIEF SCIENTIFIC OFFICER

OMAR MENCINMANAGING DIRECTOR, TECH INVESTMENT

KATHERINE JORDANMANAGING DIRECTOR, HEALTHCARE INVESTMENT

MARGARET BRADLEYVP STRATEGIC INITIATIVES

ASTON WILLIAMSINVESTMENT DIRECTOR

DORTHEA CHRUPCALAASST CORP SECRETARY/CHIEF OF STAFF

NICK WILKINSONDIRECTOR/CORPORATE DEVELOPMENT CHAIR

MICHAEL PURCELLDIRECTOR/AUDIT COMMITTEE CHAIR

ORIM GRAVESCHAIR OF THE BOARD

ROBERT CIARUFFOLICORPORATE TREASURER & FINANCE

SUSHMA RAJAGOPALANDIRECTOR

TIMOTHY REESEDIRECTOR/GOVERNANCE COMMITTEE

TUCKER TWITMYERDIRECTOR

VINCE ROGUSKYDIRECTOR

NATE LENTZDIRECTOR

MR DOC PARGHIVICE-CHAIR OF THE BOARD/INVEST

MINDY POSOFFCORPORATE SECRETARY

ALAN J COHNDIRECTOR

MATTHEW CALLAHANDIRECTOR

MARK REDLUSDIRECTOR

LEROY JONESDIRECTOR

JAMES D NARRONDIRECTOR

ELAINA SHEKHTERDIRECTOR

DENISE DEVINEVICE-CHAIR OF THE BOARD

AUDREY GREENBERGDIRECTOR

AMI MIRONDIRECTOR

About this charity

Recognized since: January 1989
Location: 1600 MARKET STREET 300, PHILADELPHIA, PA 19103-7240
County: Philadelphia
In care of: % SANIAH M JOHNSON
Primary officer: SCOTT NISSENBAUM, PRESIDENT & CEO

How to reach them

WebsiteVisit the charity’s website Phone(215) 972-6700 Officer phone(215) 564-1900

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: BDO USA
NTEE classification: Community Improvement & Capacity Building (S430)
IRS tax category: Other Management Consulting Services
Grant-giving organization: Yes