PARTNERSHIP FOR GLOBAL SECURITY (EIN 522196300) - 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

1999

Legal Domicile

Principal Officer

KENNETH N LUONGO

Phone

3016549000

Tax Period

2024-03-01 to 2025-02-28

PARTNERSHIP FOR GLOBAL SECURITY, founded in 1999, is a small nonprofit in the International Affairs sector that reported $461K in total revenue in fiscal year 2024. Expenses of $601K exceeded revenue, resulting in a 30% operating deficit.

Mission

PGS IS A NON-PARTISIAN 501(C)(3) ORGANIZATION WORKING TO LEAD THE WORLD TO A SAFER FUTURE.

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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 $98,880

Program Service Revenue $348,183

Investment Income $11,206

Other Revenue $3,000

TOTAL REVENUE $461,269

Expense Breakdown

Grants Paid $0

Salaries & Benefits $465,724

Fundraising Expenses $18,371

Program Expenses $515,679

Other Expenses $134,789

TOTAL EXPENSES $600,513

Year-over-Year Comparison

	2024	2023	Change
Revenue	$461,269	$452,635	+0.0%
Expenses	$600,513	$629,209	0.0%
Net Income	$-139,244	$-176,574	-0.2%

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

$350,916

Total Directors

$350,916

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KENNETH N LUONGO	PRESIDENT	40.00	Officer Director	$292,344	$58,572	$350,916
BRIAN GIGANTI	TREASURER	0.50	Officer Director	$0	$0	$0
HAZEL O'LEARY	DIRECTOR	0.25	Director	$0	$0	$0
HARVEY RUBIN MD PHD	DIRECTOR	0.25	Director	$0	$0	$0
J RAPHAEL DELLA RATTA	DIRECTOR	0.25	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
2025	$461,269	$600,513	$507,404	$-139,244
2024	$452,635	$629,209	$319,210	$-176,574
2023	$1,300,510	$1,028,509	$464,315	$272,001
2022	$758,790	$740,672	$363,492	$18,118
2021	$119,924	$532,611	$289,412	$-412,687
2020	$499,549	$581,572	$597,124	$-82,023
2019	$617,819	$724,848	$473,493	$-107,029

PARTNERSHIP FOR GLOBAL SECURITY