CAREER PARTNERS 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

2008

Legal Domicile

Principal Officer

MEGAN FURLONG

Phone

5408258628

Tax Period

2023-07-01 to 2024-06-30

CAREER PARTNERS INC, founded in 2008, is a micro nonprofit in the Employment sector that reported $92K in total revenue in fiscal year 2023. Net assets of $471K represent 62 months of operating reserves.

Mission

TO BECOME A RECOGNIZED EDUCATIONAL MODEL IN CREATING SYNERGY BETWEEN LOCAL BUSINESS, GOVERNMENT AND THE COMMUNITY. OUR GOAL IS TO ENHANCE EDUCATION AND PROVIDE TRAINING FOR WORKFORCE DEVELOPMENT PROGRAMS.

Program Service Accomplishments

Program 1

Expenses: $92,610

TO ENHANCE EDUCATION AND PROVIDE TRAINING FOR WORKFORCE DEVELOPMENT PROGRAMS. PROGRAMS INCLUDE MOCK INTERVIEWS, TEACHERS FOR TOMORROW, CAREER EXPLORATION, MENTORING, STEM, MAKER ENERGY FAIRE AND...

TO ENHANCE EDUCATION AND PROVIDE TRAINING FOR WORKFORCE DEVELOPMENT PROGRAMS. PROGRAMS INCLUDE MOCK INTERVIEWS, TEACHERS FOR TOMORROW, CAREER EXPLORATION, MENTORING, STEM, MAKER ENERGY FAIRE AND E-SQUARED.

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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 $70,233

Program Service Revenue $0

Investment Income $21,383

Other Revenue $0

TOTAL REVENUE $91,616

Expense Breakdown

Grants Paid $62,006

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $92,610

Other Expenses $31,649

TOTAL EXPENSES $93,655

Year-over-Year Comparison

	2023	2022	Change
Revenue	$91,616	$92,700	0.0%
Expenses	$93,655	$130,276	-0.3%
Net Income	$-2,039	$-37,576	-0.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RANDI RICHARDS-LUTZ	DIRECTOR OF CTE & TECHNOLO	1.00	Director	$0	$0	$0
JEFF SAY	PRESIDENT ELECT	1.00	Director	$0	$0	$0
ASHLEY CARTER	PRESIDENT	1.00	Officer	$0	$0	$0
MEGAN FURLONG	TREASURER	1.00	Officer	$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	No data	No data	No data	No data
2024	$91,616	$93,655	$606,420	$-2,039
2023	$92,700	$130,276	$550,711	$-37,576
2022	$123,243	$132,039	$531,400	$-8,796
2021	$63,314	$53,309	$602,279	$10,005