Independence Business Alliance

Community development organization based in Philadelphia, PA. 3 employees. Exempt under §501(c)(6).

MissionTHE MISSION OF THE INDEPENDENCE BUSINESS ALLIANCE IS TO PROMOTE GREATER PHILADELPHIA'S LESBIAN, GAY, BISEXUAL, TRANSGENDER AND QUEER BUSINESS AND LEADERSHIP COMMUNITIES TO ENHANCE FINANCIAL OPPORTUNITIES, FOSTER DIVERSITY, DEVELOP LEADERSHIP AND COLLABORATION AND ADVOCATE FOR

Financial snapshot · TY 2023

$451K
Total revenue
$379K
Total expenses
$494K
Net assets

Financial health · TY 2023

68
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
43
7.8 months of expenses
Program efficiency
81
82.3% spent on programs
Revenue diversity
89
Mix of program fees, grants & contributions

Leadership compensation

$112,000
63th percentile vs. peers

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Independence Business Alliance Executive Compensation | 990 Data | DoubleNine