Partnership Resources Inc (EIN 410837660) - 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

1960

Legal Domicile

Principal Officer

Julie Zbaracki

Phone

6123312075

Tax Period

2024-01-01 to 2024-12-31

Partnership Resources Inc, founded in 1960, is a community nonprofit that reported $5.9M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

To provide community-based day and employment services to adults with intellectual disabilities, serving approximately 269 in 2024.

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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 $318,969

Program Service Revenue $5,519,564

Investment Income $87,018

Other Revenue $-5,454

TOTAL REVENUE $5,920,097

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,399,734

Fundraising Expenses $77,976

Program Expenses $5,398,834

Other Expenses $2,443,203

TOTAL EXPENSES $5,842,937

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,920,097	$5,411,093	+0.1%
Expenses	$5,842,937	$5,443,095	+0.1%
Net Income	$77,160	$-32,002	-3.4%

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

144

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

$143,836

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jeffrey Ericson	Board Member	1.00	Director	$0	$0	$0
Kevin Hofman	Vice President	1.00	Officer Director	$0	$0	$0
Robert A LaFleur	President/Treasurer	1.00	Officer Director	$0	$0	$0
Mary Manning	Board Member	1.00	Director	$0	$0	$0
Douglas Murray	Board Member	1.00	Director	$0	$0	$0
Peter Odegard	Secretary	1.00	Officer Director	$0	$0	$0
Bill Wardwell	Board Member	1.00	Director	$0	$0	$0
James Sweeney	Board Member (ended June 2024)	1.00	Director	$0	$0	$0
Julie Zbaracki	Chief Executive Officer	40.00	Officer	$110,911	$32,925	$143,836

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
2024	$5,920,097	$5,842,937	$4,588,493	$77,160
2023	$5,411,093	$5,443,095	$2,963,157	$-32,002
2022	$6,058,122	$5,252,461	$3,058,749	$805,661
2021	$4,670,067	$4,345,285	$2,279,751	$324,782
2020	$4,672,955	$4,134,153	$2,062,362	$538,802
2019	$6,135,238	$6,368,048	$984,342	$-232,810
2018	$6,025,789	$6,220,009	$1,255,065	$-194,220

Partnership Resources Inc