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The Merchants Fund Of Philadelphia

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$1.63M (2023)

Expenses
$1.77M (2023)

Total Assets
$16.2M (2023)

Total Liabilities
$894 (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,632,137
Expenses
$1,771,946
Net Income
-$139,809
Net Assets
$16,226,159
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,191,325
73.0%
Program Services $0
Investment Income $440,812
27.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $164,542
9.3%
Professional Fundraising Fees $0
Other Salaries and Wages $79,643
4.5%
Assets/Debt
Total Assets $16,227,053
Total Liabilities $894
Net Assets $16,226,159
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jill Fink (Executive Director) $147,356 $0 $17,186
Peter Gonzales (Board President) $0 $0 $0
Ana Lisa Yoder (Board Vice President) $0 $0 $0
Carey Morgan (Board Treasurer) $0 $0 $0
Samantha Porter (Board Secretary) $0 $0 $0
Kersy Azocar (Board Member) $0 $0 $0
Tom Ginsberg (Board Member) $0 $0 $0
Bruce Hotaling (Board Member) $0 $0 $0
James Johnson Piett (Board Member) $0 $0 $0
Melissa Kim (Board Member (Until 9/23)) $0 $0 $0
Steven King (Board Member) $0 $0 $0
Seulky Mcinneshin (Board Member) $0 $0 $0
Shawn Nesbit (Board Member) $0 $0 $0
Elbert Sampson (Board Member) $0 $0 $0
Shalimer Thomas (Board Member) $0 $0 $0
Joanna Winchester (Board Member) $0 $0 $0
Dafan Zhang (Board Member) $0 $0 $0
Adnan Zulfiqar (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$540,760
Expenses
$1,100,033
Net Income
-$559,273
Net Assets
$14,293,804
Notable Sources of Revenue Percent of Total Revenue
Contributions $158,252
29.3%
Program Services $0
Investment Income $406,619
75.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$24,111
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $152,581
13.9%
Professional Fundraising Fees $0
Other Salaries and Wages $53,519
4.9%
Assets/Debt
Total Assets $14,303,804
Total Liabilities $10,000
Net Assets $14,293,804
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jill Fink (Executive Director) $144,296 $0 $8,285
Bruce Hotaling (Board Chair) $0 $0 $0
Steven King (Board Vice Chair) $0 $0 $0
James Johnson Piett (Board Treasurer) $0 $0 $0
Ana Lisa Yoder (Board Secretary) $0 $0 $0
Kersy Azocar (Board Member) $0 $0 $0
Michael Banks (Board Member) $0 $0 $0
Melissa Kim (Board Member) $0 $0 $0
Carey Morgan (Board Member) $0 $0 $0
Shawn Nesbit (Board Member) $0 $0 $0
Samantha Porter (Board Member) $0 $0 $0
Shalimar Thomas (Board Member) $0 $0 $0
Andy Toy (Board Member) $0 $0 $0
Dafan Zhang (Board Member) $0 $0 $0
Adnan Zulfiqar (Board Member) $0 $0 $0
Tom Ginsberg (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,417,216
Expenses
$1,120,471
Net Income
$296,745
Net Assets
$18,119,508
Notable Sources of Revenue Percent of Total Revenue
Contributions $560,300
39.5%
Program Services $0
Investment Income $423,308
29.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $433,608
30.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $152,276
13.6%
Professional Fundraising Fees $0
Other Salaries and Wages $58,251
5.2%
Assets/Debt
Total Assets $18,136,342
Total Liabilities $16,834
Net Assets $18,119,508
Compensation
Key Employees and Officers Compensation Related Other
Jill Fink (Executive Director) $137,500 $0 $14,775
Bruce Hotaling (Board Chair) $0 $0 $0
Steven King (Board Vice Chair) $0 $0 $0
James Johnson Piett (Board Treasurer) $0 $0 $0
Ana Lisa Yoder (Board Secretary) $0 $0 $0
Kersy Azocar (Board Member) $0 $0 $0
Michael Banks (Board Member) $0 $0 $0
Peter Gonzales (Board Member) $0 $0 $0
Melissa Kim (Board Member) $0 $0 $0
Carey Morgan (Board Member) $0 $0 $0
Shawn Nesbit (Board Member) $0 $0 $0
Samantha Porter (Board Member) $0 $0 $0
Shalimar Thomas (Board Member) $0 $0 $0
Andy Toy (Board Member) $0 $0 $0
Dafan Zhang (Board Member) $0 $0 $0
Adnan Zulfiqar (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,912,991
Expenses
$2,319,013
Net Income
-$406,022
Net Assets
$16,658,743
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $358,421
18.7%
Interest Revenue $872
0.0%
Dividends $48,256
2.5%
Sales of Assets $142,253
7.4%
Other Income $1,363,189
71.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,299,013
99.1%
Compensation of Officers* $147,500
6.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $16,703,121
Total Liabilities $44,378
Net Assets $16,658,743
Compensation
Key Employees and Officers Compensation Other
Jill C Fink (Executive Director) $147,500 $13,683
Kersy Azocar (Director) $0 $0
Michael Banks (Director) $0 $0
Peter Gonzales (Director) $0 $0
Bruce Hotaling (Director) $0 $0
James Johnson Piett (Director) $0 $0
Melissa Kim (Director) $0 $0
Steven King Sr (Director) $0 $0
Yocasta Lora (Director) $0 $0
Shawn Nesbit (Director) $0 $0
Shalimar Thomas (Director) $0 $0
Andrew Toy (Director) $0 $0
Ana Lisa Yoder (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,858,221
Expenses
$670,775
Net Income
$2,187,446
Net Assets
$16,167,958
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $98
0.0%
Dividends $11,270
0.4%
Sales of Assets $0
Other Income $2,846,853
99.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $670,775
100%
Compensation of Officers* $112,500
16.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $16,168,889
Total Liabilities $931
Net Assets $16,167,958
Compensation
Key Employees and Officers Compensation Other
Jill Fink (Executive Director) $112,500 $10,607

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
-$1,333,545
Expenses
$666,227
Net Income
-$1,999,772
Net Assets
$13,980,512
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $358,215
Sales of Assets $0
Other Income -$1,691,760
Notable Expenses Percent of Total Expenses
Charitable Disbursements $656,227
98.5%
Compensation of Officers* $127,119
19.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $14,010,255
Total Liabilities $29,743
Net Assets $13,980,512
Compensation
Key Employees and Officers Compensation Other
Patricia Blakely (Former E.D.) $104,965 $18,435
Jill Fink (Executive Director) $22,154 $1,772

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,299,247
Expenses
$792,031
Net Income
$1,507,216
Net Assets
$15,980,284
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $900,279
39.2%
Sales of Assets $0
Other Income $1,398,968
60.8%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $792,031
100%
Compensation of Officers* $104,853
13.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $16,004,386
Total Liabilities $24,102
Net Assets $15,980,284
Compensation
Key Employees and Officers Compensation Other
Patricia Blakely (Exec Director) $101,954 $21,172

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$732,013
Expenses
$766,366
Net Income
-$34,353
Net Assets
$14,473,068
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $78,788
10.8%
Sales of Assets $0
Other Income $653,225
89.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $649,164
84.7%
Compensation of Officers* $101,954
13.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $14,490,848
Total Liabilities $17,780
Net Assets $14,473,068
Compensation
Key Employees and Officers Compensation Other
Patricia Blakely (Exec Director) $101,954 $14,564

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
-$208,476
Expenses
$794,752
Net Income
-$1,003,228
Net Assets
$14,507,421
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $690
Dividends $147,706
Sales of Assets $0
Other Income -$356,872
Notable Expenses Percent of Total Expenses
Charitable Disbursements $691,752
87.0%
Compensation of Officers* $103,000
13.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $14,507,421
Total Liabilities $0
Net Assets $14,507,421
Compensation
Key Employees and Officers Compensation Other
Patricia Blakely (Exec Director) $103,000 $14,399

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$656,537
Expenses
$925,892
Net Income
-$269,355
Net Assets
$15,510,649
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $882
0.1%
Dividends $42,727
6.5%
Sales of Assets $0
Other Income $612,928
93.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $795,137
85.9%
Compensation of Officers* $100,267
10.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $15,510,649
Total Liabilities $0
Net Assets $15,510,649
Compensation
Key Employees and Officers Compensation Other
Patricia Blakely (Exec Director) $100,267 $14,399

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,190,485
Expenses
$763,419
Net Income
$427,066
Net Assets
$15,669,129
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $995
0.1%
Dividends $594,934
50.0%
Sales of Assets $0
Other Income $594,556
49.9%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $662,309
86.8%
Compensation of Officers* $101,110
13.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $15,780,004
Total Liabilities $110,875
Net Assets $15,669,129
Compensation
Key Employees and Officers Compensation Other
Patricia Blakely (Exec Director) $101,110 $13,305

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$573,329
Expenses
$610,427
Net Income
-$37,098
Net Assets
$13,885,575
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1,241
0.2%
Dividends $572,088
99.8%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $577,819
94.7%
Compensation of Officers* $98,909
16.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $14,108,714
Total Liabilities $223,139
Net Assets $13,885,575

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$601,431
Expenses
$542,079
Net Income
$59,352
Net Assets
$12,732,165
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $2,200
0.4%
Interest Revenue $1,841
0.3%
Dividends $597,390
99.3%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $531,991
98.1%
Compensation of Officers* $95,180
17.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $13,048,942
Total Liabilities $316,777
Net Assets $12,732,165

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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