PARTNERS FOR DEVELOPMENT

EIN: 522003212 501(c)(3) International Affairs

SILVER SPRING, MD

Total Revenue
$2,317,954
Total Expenses
$3,980,964
Total Assets
$3,854,498
Net Assets
$3,492,479
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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
1996
Legal Domicile
DC
Principal Officer
JOHN MARRKAND
Phone
3016080426
Tax Period
2023-01-01 to 2023-12-31

PARTNERS FOR DEVELOPMENT, founded in 1996, is a community nonprofit in the International Affairs sector that reported $2.3M in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $4.0M exceeded revenue, resulting in a 72% operating deficit.

Mission

TO WORK WITH VULNERABLE AND UNDERSERVED POPULATION IN DEVELOPING COUNTRIES TO IMPROVE THEIR QUALITY OF LIFE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,137,701
Program Service Revenue $84,236
Investment Income $82,789
Other Revenue $13,228
TOTAL REVENUE $2,317,954

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,182,973
Fundraising Expenses $0
Program Expenses $3,457,799
Other Expenses $2,797,991
TOTAL EXPENSES $3,980,964

Year-over-Year Comparison

2023 2022 Change
Revenue $2,317,954 $1,664,637 +0.4%
Expenses $3,980,964 $2,984,053 +0.3%
Net Income $-1,663,010 $-1,319,416 +0.3%
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
11
Independent Members
10
Employees
3
Volunteers
10

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
3
$195,351
Total Directors
11
$195,351
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John Marrkand ED & Secretary 40.00
Officer Director
$147,376 $47,975 $195,351
Donna Ellis Sr. Accountant 40.00
$126,368 $35,275 $161,643
Lanre Ayedun-Williams Chairperson 1.00
Officer Director
$0 $0 $0
Damilola Odetola Treasurer 1.00
Officer Director
$0 $0 $0
Dale Hill Member 1.00
Director
$0 $0 $0
Steven Hansch member 1.00
Director
$0 $0 $0
Sophal Ear Member 1.00
Director
$0 $0 $0
Maja Feldman Member 1.00
Director
$0 $0 $0
Daniel Lee Member 1.00
Director
$0 $0 $0
Wasiq Khan Member 1.00
Director
$0 $0 $0
Anna Titulear Member 1.00
Director
$0 $0 $0
Susan Kolodin Member 1.00
Director
$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 $2,317,954 $3,980,964 $3,854,498 $-1,663,010
2022 $1,664,637 $2,984,053 $6,305,062 $-1,319,416
2021 $5,059,154 $2,529,373 $7,310,881 $2,529,781
2020 $239,304 $2,412,682 $4,740,259 $-2,173,378
2019 $1,390,207 $3,111,931 $7,836,513 $-1,721,724
2018 $4,806,537 $3,996,367 $9,354,187 $810,170
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