PARTNER IN EMPLOYMENT (EIN 474274369) - 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

2015

Legal Domicile

Principal Officer

HIEN KIEU

Phone

2064293824

Tax Period

2023-01-01 to 2023-12-31

PARTNER IN EMPLOYMENT, founded in 2015, is a community nonprofit in the Education sector that reported $3.5M in total revenue in fiscal year 2023. Revenue surged 82% from the prior year, signaling strong growth momentum. Expenses of $3.3M left a modest 5% surplus.

Mission

PARTNER IN EMPLOYMENT (PIE) WORKS TO GUARANTEE THE LONG-TERM ECONOMIC STABILITY OF NEWLY ARRIVED REFUGEES AND IMMIGRANTS IN KING COUNTY BY PROVIDING TAILORED ASSISTANCE IN LANGUAGE ACQUISITION, HOUSING STABILIZATION, WORKFORCE ENTRY, AND JOB TRAINING IN HIGHER WAGE INDUSTRIES.

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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 $3,477,902

Program Service Revenue $0

Investment Income $1,006

Other Revenue $2,884

TOTAL REVENUE $3,481,792

Expense Breakdown

Grants Paid $1,533,813

Salaries & Benefits $1,414,817

Fundraising Expenses $0

Program Expenses $2,515,577

Other Expenses $373,365

TOTAL EXPENSES $3,321,995

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,481,792	$1,913,413	+0.8%
Expenses	$3,321,995	$1,922,288	+0.7%
Net Income	$159,797	$-8,875	-19.0%

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

$135,277

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JONATHAN WEINSTEIN	TREASURER	1.50	Officer Director	$0	$0	$0
SAIDO ALINUR	PRESIDENT	1.00	Officer Director	$0	$0	$0
MALIHA MIRZA	BOARD MEMBER	0.50	Director	$0	$0	$0
BATHOLAMEW KIMANI	BOARD MEMBER	0.50	Director	$0	$0	$0
BENH KIEU	BOARD MEMBER	0.50	Director	$0	$0	$0
HIEN KIEU	EXECUTIVE DIRECTOR	40.00	Officer	$123,615	$11,662	$135,277

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	$3,481,792	$3,321,995	$1,674,442	$159,797
2022	$1,913,413	$1,922,288	$836,258	$-8,875
2021	$1,599,497	$1,532,465	$919,989	$67,032
2020	$1,410,392	$1,288,862	$757,526	$121,530
2019	$963,861	$743,766	$514,429	$220,095
2018	$703,665	$629,415	$162,011	$74,250

PARTNER IN EMPLOYMENT