PARTNERS WORLDWIDE

EIN: 383293173 501(c)(3) International Affairs

GRAND RAPIDS, MI

Total Revenue
$7,131,343
Total Expenses
$5,689,499
Total Assets
$20,211,036
Net Assets
$19,752,959
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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
1997
Legal Domicile
MI
Principal Officer
ROBERT VRYHOF
Phone
6162380728
Tax Period
2024-07-01 to 2025-06-30

PARTNERS WORLDWIDE, founded in 1997, is a community nonprofit in the International Affairs sector that reported $7.1M in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 20% operating margin.

Mission

CREATING GLOBAL PARTNERSHIPS FOCUSED ON BUSINESS GROWTH AND JOB CREATION.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,394,524
Program Service Revenue $31,562
Investment Income $705,257
Other Revenue $0
TOTAL REVENUE $7,131,343

Expense Breakdown

Grants Paid $933,720
Salaries & Benefits $2,687,606
Fundraising Expenses $455,922
Program Expenses $4,611,458
Other Expenses $2,068,173
TOTAL EXPENSES $5,689,499

Year-over-Year Comparison

2024 2023 Change
Revenue $7,131,343 $5,491,878 +0.3%
Expenses $5,689,499 $5,476,501 +0.0%
Net Income $1,441,844 $15,377 +92.8%
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

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Governance

Voting Members
14
Independent Members
14
Employees
22
Volunteers
89

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
7
$243,315
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARIANNE TO VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
HESSEL KIELSTRA BOARD CHAIR / DIRECTOR 2.00
Officer Director
$0 $0 $0
PELLAGIA GAMBIZA SECRETARY / DIRECTOR 2.00
Officer Director
$0 $0 $0
ERIC VAN VUGT SECRETARY / DIRECTOR (PART YEAR) 2.00
Officer Director
$0 $0 $0
KIM DOOYEMA TREASURER / DIRECTOR 5.00
Officer Director
$0 $0 $0
SALOME AGBAJI DIRECTOR 2.00
Director
$0 $0 $0
TIM VAN VUGT DIRECTOR 2.00
Director
$0 $0 $0
ROSE GACIAS DIRECTOR 2.00
Director
$0 $0 $0
LEONARD VAN DRUNEN DIRECTOR 2.00
Director
$0 $0 $0
RON BUENO DIRECTOR 2.00
Director
$0 $0 $0
MARTIN KALSBEEK DIRECTOR 2.00
Director
$0 $0 $0
CATHY LEE DIRECTOR 2.00
Director
$0 $0 $0
WILL OLIVER DIRECTOR 2.00
Director
$0 $0 $0
CHRISTUDAS VICTOR DIRECTOR 2.00
Director
$0 $0 $0
DANA BOALS DIRECTOR 2.00
Director
$0 $0 $0
ANTON DONKERS DIRECTOR (PART YEAR) 2.00
Director
$0 $0 $0
MATT HAAK DIRECTOR (PART YEAR) 2.00
Director
$0 $0 $0
ROSIE HAAK DIRECTOR (PART YEAR) 2.00
Director
$0 $0 $0
ROBERT VRYHOF PRESIDENT & CEO 50.00
Officer
$129,324 $11,682 $141,006
BRUCE GERBER DIRECTOR OF FINANCE 50.00
Officer
$81,645 $20,664 $102,309
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 $7,131,343 $5,689,499 $20,211,036 $1,441,844
2024 $5,491,878 $5,476,501 $18,573,569 $15,377
2023 $5,847,810 $5,267,655 $18,331,555 $580,155
2022 $6,035,983 $4,927,320 $17,150,943 $1,108,663
2021 $6,214,099 $4,453,469 $18,137,019 $1,760,630
2020 $5,074,081 $4,793,616 $15,024,156 $280,465
2019 $5,164,552 $5,216,688 $14,773,732 $-52,136
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