Pennsylvania 30 Day Fund Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 850869736 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Pennsylvania 30 Day Fund Inc?

Pennsylvania 30 Day Fund Inc is a nonprofit organization established to aid small businesses in the state, grappling with the challenges posed by the Covid-19 pandemic and subsequent lockdowns. The organization offers forgivable loans worth $3000 to these struggling businesses, aiming to alleviate the severe cash shortages they are experiencing. The primary focus is on preserving the employment opportunities for millions of individuals whose jobs are at risk due to the crisis. The next few critical months are deemed crucial in this regard, as the survival of these businesses and their workforce hangs in the balance.


Official website here: www.pa30dayfund.com

What do the Facebook reviews say about Pennsylvania 30 Day Fund Inc?

With only two reviews available on Facebook, early impressions of Pennsylvania 30 Day Fund Inc are promising. One small business owner expressed immense gratitude, describing the fund as a lifeline for his gym during challenging times. He noted that the quick application process was a stark contrast to the difficulties commonly associated with traditional small business loans, which often require extensive effort to manage.

The feedback highlights the organization's role in providing timely financial support, allowing businesses to maintain operations and pay staff amid the ongoing recovery process. The owner strongly recommends the fund to other struggling small businesses, indicating a positive reception towards its services.

Overall, the sentiment surrounding the Pennsylvania 30 Day Fund Inc appears to be very favorable, with users appreciating not only the assistance itself but also the efficient way it has been administered. This suggests a commitment to helping local businesses thrive during tough circumstances.


This AI summary has been generated from reviews found on Facebook.

Is Pennsylvania 30 Day Fund Inc legitimate?

Pennsylvania 30 Day Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pennsylvania 30 Day Fund Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.pa30dayfund.com

What is the mission statement of Pennsylvania 30 Day Fund Inc?

The Pennsylvania 30 Day Fund's mission is to offer forgivable loans worth $3000 to small businesses experiencing financial hardships due to the Covid-19 pandemic and subsequent shutdowns. The primary objective is to safeguard the employment opportunities for millions of individuals associated with these businesses, as they face a severe cash crunch during this critical period. The funding aims to help these businesses continue their operations and maintain their workforce. It is crucial to mention that these loans are not repayable, thereby providing some relief to the struggling businesses.


Official website here: www.pa30dayfund.com

Who is the CEO of Pennsylvania 30 Day Fund Inc?

Unavailable


Official website here: www.pa30dayfund.com

What is the revenue of Pennsylvania 30 Day Fund Inc?

Pennsylvania 30 Day Fund Inc's revenue in 2022 was $165.


Official website here: www.pa30dayfund.com

Who are the executives of Pennsylvania 30 Day Fund Inc and what are their salaries?


Here are 5 key members and their salaries:


Jeffrey Bartos (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Bradley (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Braunfeld (Member And Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Payton (Member And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Brown (Chair (Term End July 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pa30dayfund.com

Where can I find the form 990EZ for Pennsylvania 30 Day Fund Inc?

Pennsylvania 30 Day Fund Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.pa30dayfund.com

Learn more at the official website: www.pa30dayfund.com

Mission Statement of Pennsylvania 30 Day Fund Inc

The Pennsylvania 30 Day Fund is an organization that extends forgivable loans of $3000 to small businesses in Pennsylvania grappling with the challenges posed by the Covid-19 pandemic and the resulting shutdowns. The mission of this nonprofit is to provide a lifeline to these businesses, which are at risk of losing millions of jobs due to the crisis. The funds supplied by the Pennsylvania 30 Day Fund aim to help these businesses keep their doors open and preserve the jobs they offer, as the next few months are crucial in determining their survival.

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Impact




October, 2024

The Pennsylvania 30 Day Fund Inc has a significant impact on small businesses throughout the state by providing crucial financial support during the challenging times posed by the Covid-19 pandemic. Through its program, the organization offers $3000 forgivable loans to small businesses, helping them navigate cash flow issues and sustain operations amid prolonged disruptions and shutdowns.

This infusion of funds plays a vital role in stabilizing local economies, as many small businesses are integral to job creation and community vitality. By alleviating immediate financial pressures, the Pennsylvania 30 Day Fund helps prevent layoffs and supports business continuity, thereby protecting millions of jobs throughout Pennsylvania. The organization not only delivers essential financial relief but also fosters resilience in the small business sector, enabling them to recover and thrive in the long term.




This information is meant to be a general summary of Pennsylvania 30 Day Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$165 (2022)
Expenses
$11,584 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $165

Assets and Liabilities:

  • Total Assets: $59,856
  • Total Liabilities: $0
  • Net Assets: $59,856

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Organization Details

Main Address

CO J GOLDSTEIN 2200 ARCH ST 101, PHILADELPHIA, PA, 19103

NTEE Category

Code: M12 - Public safety

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