GREATER PORTLAND PARTNERSHIP FOR E… - Form 990 Financial Data

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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

2013

Legal Domicile

Principal Officer

MONIQUE CLAIBORNE

Phone

5034458065

Tax Period

2023-01-01 to 2023-12-31

GREATER PORTLAND PARTNERSHIP FOR ECONOMIC ADVANCEMENT, founded in 2013, is a small nonprofit in the Community Improvement sector that reported $125K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

TO LESSEN THE ECONOMIC DEVELOPMENT BURDEN ON REGIONAL GOVERNMENTAL BODIES.

Program Service Accomplishments

Program 1

Expenses: $116,437

DURING 2023, GREATER PORTLAND PARTNERSHIP FOR ECONOMIC ADVANCEMENT ("GPPEA") PLANNED AND ORGANIZED PUBLIC FORUMS ON ECONOMIC DEVELOPMENT.

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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 $124,500

Program Service Revenue $0

Investment Income $52

Other Revenue $0

TOTAL REVENUE $124,552

Expense Breakdown

Grants Paid $0

Salaries & Benefits $124,533

Fundraising Expenses $0

Program Expenses $116,437

Other Expenses $19

TOTAL EXPENSES $124,552

Year-over-Year Comparison

	2023	2022	Change
Revenue	$124,552	$107,527	+0.2%
Expenses	$124,552	$107,527	+0.2%
Net Income	$0	$0	N/A

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

$248,525

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RANDY EALY	BOARD CHAIR & DIRECTOR	4.00	Officer Director	$0	$0	$0
ANNE MCENERNY-OGLE	VICE CHAIR & DIRECTOR	2.00	Officer Director	$0	$0	$0
ALAN GARCIA	SECRETARY & DIRECTOR	2.00	Officer Director	$0	$0	$0
MONIQUE CLAIBORNE	PRESIDENT AND CEO	1.00	Officer	$29,971	$18,512	$248,525
JAMES RADER	CFO	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
2024	No data	No data	No data	No data
2023	$124,552	$124,552	$94,433	No data
2022	$107,527	$107,527	$211,963	No data
2021	$262,734	$87,504	$99,435	$175,230
2020	$57,028	$57,028	$2,001	No data
2019	$75,078	$75,078	$56,908	No data
2018	$105,066	$157,828	$133,830	$-52,762

GREATER PORTLAND PARTNERSHIP FOR ECONOMIC ADVANCEMENT