Partnership Academy Association

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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

2007

Legal Domicile

Principal Officer

Lisa Hendricks

Phone

6128663630

Tax Period

2024-07-01 to 2025-06-30

Partnership Academy Association, founded in 2007, is a small nonprofit in the Education sector that reported $984K in total revenue in fiscal year 2024.

Mission

To support the mission and vision of Partnership Academy, Inc. through the ownership of real property.

Program Service Accomplishments

Program 1

Expenses: $946,174 Revenue: $923,565

Construct and lease building to Partnership Academy, Inc.

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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 $0

Program Service Revenue $923,565

Investment Income $60,102

Other Revenue $0

TOTAL REVENUE $983,667

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $946,174

Other Expenses $1,080,503

TOTAL EXPENSES $1,080,503

Year-over-Year Comparison

	2024	2023	Change
Revenue	$983,667	$988,130	0.0%
Expenses	$1,080,503	$1,002,028	+0.1%
Net Income	$-96,836	$-13,898	+6.0%

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

N/A

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

$136,618

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robbie Burkhart	Director	1.00	Director	$0	$0	$0
Julie Guy	Director/Chair	1.00	Officer Director	$0	$0	$0
Ishana Awad	Director	1.00	Director	$0	$0	$0
Lisa Hendricks	Ex-Officio/Director of Finance	1.00	Officer	$0	$10,992	$136,618

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	$983,667	$1,080,503	$12,181,939	$-96,836
2024	No data	No data	No data	No data
2023	$985,795	$986,357	$12,589,037	$-562
2022	$788,156	$1,133,082	$12,534,472	$-344,926
2021	$734,911	$850,685	$10,304,916	$-115,774