THE PARTNERSHIP FOUNDATION INC (EIN 205162135) - 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

2006

Legal Domicile

Principal Officer

CHAD NEWELL

Phone

6012967500

Tax Period

2024-10-01 to 2025-09-30

THE PARTNERSHIP FOUNDATION INC, founded in 2006, is a community nonprofit in the Community Improvement sector that reported $4.7M in total revenue in fiscal year 2024. Revenue surged 8346% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.8M, a strong 81% operating margin.

Mission

TO PROMOTE AND SUPPORT ECONOMIC WELLNESS AND QUALITY OF LIFE FOR GREATER HATTIESBURG AREA

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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 $4,707,833

Program Service Revenue $0

Investment Income $6,595

Other Revenue $0

TOTAL REVENUE $4,714,428

Expense Breakdown

Grants Paid $745,000

Salaries & Benefits $0

Fundraising Expenses $125,801

Program Expenses $745,000

Other Expenses $147,583

TOTAL EXPENSES $892,583

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,714,428	$55,821	+83.5%
Expenses	$892,583	$776,276	+0.1%
Net Income	$3,821,845	$-720,455	-6.3%

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

N/A

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

$368,903

Total Directors

$368,903

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHAD NEWELL	SECRETARY	1.00	Officer Director	$0	$21,253	$368,903
GRANT WALKER	VICE-CHAIR	0.00	Officer Director	$0	$0	$0
JEFF BOWMAN	TREASURER	0.00	Officer Director	$0	$0	$0
SHEA MCNEASE	BOARD MEMBER	0.00	Director	$0	$0	$0
HOPPY COLE	CHAIR	0.00	Officer Director	$0	$0	$0
JOHN GRIFFITH	BOARD MEMBER	0.00	Director	$0	$0	$0
KEVIN BREWER	BOARD MEMBER	0.00	Director	$0	$0	$0
JOHN JOHNSON	BOARD MEMBER	0.00	Director	$0	$0	$0

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	$4,714,428	$892,583	$5,038,434	$3,821,845
2024	$55,821	$776,276	$1,360,717	$-720,455
2023	$54,796	$766,601	$2,082,899	$-711,805
2022	$51,785	$762,834	$2,774,690	$-711,049
2021	$2,609,049	$690,522	$3,468,355	$1,918,527
2020	$1,263,541	$526,846	$1,609,923	$736,695
2019	$62,669	$562,046	$909,410	$-499,377
2018	$25,319	$560,601	$1,418,660	$-535,282

THE PARTNERSHIP FOUNDATION INC