PARTNERSHIP FOR PUBLIC SERVICE INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

MAX STIER

Phone

2027752759

Tax Period

2024-01-01 to 2024-12-31

PARTNERSHIP FOR PUBLIC SERVICE INC, founded in 1999, is a mid-sized nonprofit in the Employment sector that reported $36.6M in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.6M, a strong 15% operating margin.

Mission

MAKING OUR GOVERNMENT WORK BETTER IS A DAUNTING TASK, AND WE ARE A SMALL ORGANIZATION SEEKING TO TRANSFORM A GOVERNMENT THAT EMPLOYS 2.1 MILLION CIVILIANS AND MANAGES TRILLIONS OF DOLLARS IN TAXPAYER REVENUE NEEDED TO PROTECT PUBLIC SAFETY, HEALTH, AND WELFARE. TO MAXIMIZE IMPACT, THE PARTNERSHIP FOR PUBLIC SERVICE LEVERAGES OUR EDUCATIONAL PROGRAMMING, RESEARCH AND ADVOCACY WORK TO FOCUS ON CHALLENGES THAT HAVE A DISPROPORTIONATE EFFECT ON GOVERNMENT'S CAPACITY AND PERFORMANCE.

Program Service Accomplishments

Program 1

Expenses: $10,389,663 Revenue: $28,022

THE PARTNERSHIP: OUR SUPPORT FOR A WELL-FUNCTIONING GOVERNMENT REQUIRES THE PARTNERSHIP TO EFFECTIVELY MEET OUR DOUBLE BOTTOM LINE OF MISSION IMPACT AND FINANCIAL STEWARDSHIP AND SUSTAINABILITY. WE MUST BE AN EMPLOYER OF CHOICE TO ATTRACT AND RETAIN TOP TALENT BASED ON INVESTMENTS IN OUR ORGANIZATIONAL CULTURE, TALENT, LEADERSHIP AND SYSTEMS, STRUCTURES AND NETWORKS.

Program 2

Expenses: $7,852,967 Revenue: $12,192,493

PUBLIC SERVICE LEADERSHIP. MANY POLITICAL AND CAREER LEADERS IN GOVERNMENT ARE NOT EQUIPPED TO UNDERSTAND AND ENGAGE A DIVERSE PUBLIC AND GUIDE AGENCIES IN FULFILLING THEIR POTENTIAL TO ADDRESS...

PUBLIC SERVICE LEADERSHIP. MANY POLITICAL AND CAREER LEADERS IN GOVERNMENT ARE NOT EQUIPPED TO UNDERSTAND AND ENGAGE A DIVERSE PUBLIC AND GUIDE AGENCIES IN FULFILLING THEIR POTENTIAL TO ADDRESS INCREASINGLY COMPLEX PROBLEMS FACING OUR NATION. THE PARTNERSHIP VIEWS LEADERSHIP AS THE MOST CRUCIAL FACTOR INFLUENCING GOVERNMENT PERFORMANCE AND EFFECTIVENESS. BY DEVELOPING THE SKILLS AND ABILITIES OF GOVERNMENT LEADERS AT ALL LEVELS, INCLUDING CAREER CIVIL SERVANTS AS WELL AS POLITICAL APPOINTEES, AND PROVIDING FORUMS FOR THEM TO DISCUSS SHARED CHALLENGES AND SOLUTIONS, THE PARTNERSHIP HELPS LEADERS BECOME AGENTS OF CHANGE WITHIN THEIR OWN AGENCIES AND ACROSS GOVERNMENT. OUR APPROACH TO DEVELOPING LEADERS IS GROUNDED IN OUR PUBLIC SERVICE LEADERSHIP MODEL, WHICH OUTLINES CORE VALUES GOVERNMENT LEADERS MUST EMBODY-STEWARDSHIP OF PUBLIC TRUST AND COMMITMENT TO THE PUBLIC GOOD- AND OUTLINES THE COMPETENCIES THEY NEED IN A MODERN GOVERNMENT AND AT EACH STAGE OF THEIR LEADERSHIP CAREERS.

Program 3

Expenses: $4,172,136 Revenue: $2,687,750

GOVERNMENT TALENT. GOVERNMENT HAS AN AGING WORKFORCE, AND IT IS STRUGGLING TO ATTRACT SKILLED, DIVERSE TALENT, PARTICULARLY AMONG EARLY CAREER WORKERS, THAT IT NEEDS SERVE THE PUBLIC NOW AND IN THE FUTURE. BY SHARPENING OUR FOCUS ON HELPING AGENCIES RECRUIT, HIRE AND RETAIN YOUNG TALENT, THE PARTNERSHIP WORKS TO SUPPORT GOVERNMENT IN NOT ONLY REPLACING EMPLOYEES NEARING THE END OF THEIR CAREERS BUT ALSO BRINGING NEW SKILLS AND PERSPECTIVES THAT WILL HELP THE COUNTRY RISE TO THE SIGNIFICANT CHALLENGES OF THE DAY AND PREPARE FOR WHAT LIES AHEAD. IN ADDITION, TOP-PERFORMING ORGANIZATIONS HAVE HIGHLY ENGAGED EMPLOYEES WHO ARE CONNECTED TO THEIR MISSIONS AND CUSTOMERS. THE PARTNERSHIP'S BEST PLACES TO WORK IN THE FEDERAL GOVERNMENT RANKINGS, BASED ON AN ANNUAL FEDERAL SURVEY, SERVES AS A VALUABLE TOOL TO EVALUATE EMPLOYEE ENGAGEMENT AND PINPOINT AREAS IN NEED OF IMPROVEMENT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $18,505,910

Program Service Revenue $14,936,765

Investment Income $2,582,594

Other Revenue $555,116

TOTAL REVENUE $36,580,385

Expense Breakdown

Grants Paid $0

Salaries & Benefits $22,238,024

Fundraising Expenses $1,536,417

Program Expenses $24,920,656

Other Expenses $8,727,449

TOTAL EXPENSES $30,965,473

Year-over-Year Comparison

	2024	2023	Change
Revenue	$36,580,385	$24,721,568	+0.5%
Expenses	$30,965,473	$27,364,126	+0.1%
Net Income	$5,614,912	$-2,642,558	-3.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

257

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$658,403

Total Directors