PARTNERS FOR EDUCATION AND BUSINESS INC (EIN 161452100) - Form 990 Financial Analysis & Trantor Score

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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

1983

Legal Domicile

Principal Officer

JAMES PETRIE

Phone

3154744201

Tax Period

2023-07-01 to 2024-06-30

PARTNERS FOR EDUCATION AND BUSINESS INC, founded in 1983, is a small nonprofit in the Youth Development sector that reported $535K in total revenue in fiscal year 2023. Revenue surged 50% from the prior year, signaling strong growth momentum. Expenses of $456K left a modest 15% surplus.

Mission

TO ENCHANCE THE QUALITY OF EDUCATION IN THE CENTRAL NEW YORK COMMUNITY BY PROMOTING, DEVELOPING AND COORDINATING THE INVOLVEMENT OF SCHOOLS, POST-SECONDARY INSTITUTIONS, BUSINESSES, EMPLOYERS AND THE COMMUNITY IN AN EFFORT TO EDUCATE OUR STUDENTS TO BECOME PRODUCTIVE, RESPONSBILE AND CONTRIBUTING MEMBERS OF OUR SOCIETY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $264,310

Program Service Revenue $270,502

Investment Income $0

Other Revenue $0

TOTAL REVENUE $534,812

Expense Breakdown

Grants Paid $0

Salaries & Benefits $412,013

Fundraising Expenses $0

Program Expenses $363,120

Other Expenses $44,040

TOTAL EXPENSES $456,053

Year-over-Year Comparison

	2023	2022	Change
Revenue	$534,812	$356,132	+0.5%
Expenses	$456,053	$347,099	+0.3%
Net Income	$78,759	$9,033	+7.7%

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

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

$624,654

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES PETRIE	TREASURER	1.00	Officer Director	$0	$0	$0
PETER TANTALO	DIRECTOR	1.00	Director	$0	$0	$0
MARK SOUTHWICK	DIRECTOR	1.00	Director	$0	$0	$0
RANDALL B WOLKEN	PRESIDENT, MACNY	4.00	Officer	$27,032	$41,900	$312,220
MARY ROWLAND	CHIEF FINANCIAL OFFICER	2.00	Officer	$5,362	$9,016	$116,249
MIKE FRAME	EXECUTIVE VICE PRESIDENT	6.00	Officer	$27,447	$13,205	$196,185

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$534,812	$456,053	$43,727	$78,759
2023	$356,132	$347,099	$2,645	$9,033
2022	$270,994	$266,714	$12,469	$4,280
2021	$261,026	$260,691	$19,373	$335
2020	$475,338	$445,497	$73,873	$29,841
2019	$469,484	$489,429	$76,967	$-19,945
2018	$422,532	$424,409	$55,261	$-1,877

PARTNERS FOR EDUCATION AND BUSINESS INC