PARTNRSHP FOR EDUCATIONAL PROGRESS

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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

1992

Legal Domicile

Phone

6309427656

Tax Period

2024-07-01 to 2025-06-30

PARTNRSHP FOR EDUCATIONAL PROGRESS, founded in 1992, is a small nonprofit in the Education sector that reported $146K in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. The organization ran a surplus of $22K, a strong 15% operating margin.

Mission

THE PRIMARY EXEMPT PURPOSE OF THIS ORGANIZATION IS TO CREATE A PARTNERSHIP AMOUNG THE RESIDENTS, BUSINESSES AND SCHOOL ORGANIZATIONS TO PROVIDE SUPPLEMENTAL FINANCIAL RESOURCES FOR THE PUBLIC SCHOOLS IT SERVES IN THE AREA.

Program Service Accomplishments

Program 1

Expenses: $122,191

P.E.P. AWARDS GRANTS TO TEACHERS, SCHOOL DISTRICTS AND LIBRARIES ALONG WITH AWARDING VARIOUS SCHOLARSHIPS TO STUDENTS.

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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 $103,417

Program Service Revenue $0

Investment Income $42,801

Other Revenue $0

TOTAL REVENUE $146,218

Expense Breakdown

Grants Paid $106,340

Salaries & Benefits $10,993

Fundraising Expenses $0

Program Expenses $122,191

Other Expenses $6,618

TOTAL EXPENSES $123,951

Year-over-Year Comparison

	2024	2023	Change
Revenue	$146,218	$176,505	-0.2%
Expenses	$123,951	$269,495	-0.5%
Net Income	$22,267	$-92,990	-1.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERICA NELSON	CHAIRPERSON	8.00	Officer	$0	$0	$0
BOB FRIEND	TREASURER	1.00	Officer	$0	$0	$0
JAY BASTIAN	DIST 93 BOARD REPRESENTATIVE	1.00	Officer	$0	$0	$0
DONNA KEMP	DIST 89 BOARD REP	0.50	Officer	$0	$0	$0
LIZA SURY	MEMBER AT LARGE	0.50	Officer	$0	$0	$0
JULIE HILL	DIST 41 BOARD REP	0.50	Officer	$0	$0	$0
KAREN EVANS	MEMBER AT LARGE	0.50	Officer	$0	$0	$0
STEPHEN SZYMANSKI	MEMBER AT LARGE	0.50	Officer	$0	$0	$0
MICHAEL SZOPINSKI	MEMBER AT LARGE	0.50	Officer	$0	$0	$0
REBECCA GIANNELLI	DIST 15 BOARD REP	0.50	Officer	$0	$0	$0
REBECCA PARKE	FOUNDATION SERVICES COORDINATOR	8.00	Highest	$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	$146,218	$123,951	$521,346	$22,267
2024	No data	No data	No data	No data
2023	$207,287	$224,962	$576,639	$-17,675
2022	$284,116	$154,880	$594,314	$129,236