PARTNERSHIP FOR RESOURCE DEVELOPMENT INC

EIN: 542027111 501(c)(3) Religion

CHESAPEAKE, VA

Total Revenue
$639,967
Total Expenses
$538,558
Total Assets
$307,360
Net Assets
$306,006
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
VA
Principal Officer
KAREN V MOORE
Phone
7572044888
Tax Period
2024-07-01 to 2025-06-30

PARTNERSHIP FOR RESOURCE DEVELOPMENT INC, founded in 2001, is a small nonprofit in the Religion sector that reported $267K in total revenue in fiscal year 2018. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $241K left a modest 9% surplus.

Mission

SERVING THE DISPLACED IN THE MIDDLE EAST.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $639,948
Program Service Revenue $0
Investment Income $19
Other Revenue $0
TOTAL REVENUE $639,967

Expense Breakdown

Grants Paid $0
Salaries & Benefits $330,928
Fundraising Expenses $17,348
Program Expenses $494,772
Other Expenses $207,630
TOTAL EXPENSES $538,558

Year-over-Year Comparison

2024 2023 Change
Revenue $639,967 $553,222 +0.2%
Expenses $538,558 $512,372 +0.1%
Net Income $101,409 $40,850 +1.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
3
Volunteers
5

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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TAYLOR GRISSOM PRESIDENT &T 10.00
Officer Director
$0 $0 $0
KAREN V MOORE VP & SECRETA 8.00
Officer Director
$0 $0 $0
JEFF BENSON DIRECTOR 1.00
Director
$0 $0 $0
SCOTT OVERTON DIRECTOR 1.00
Director
$0 $0 $0
ROBERT MACDONALD DIRECTOR 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
2025 $639,967 $538,558 $307,360 $101,409
2024 $553,222 $512,372 $209,791 $40,850
2023 $434,336 $396,845 $167,792 $37,491
2022 $332,461 $350,208 $130,375 $-17,747
2021 $347,104 $335,358 $195,789 $11,746
2020 $259,036 $303,650 $179,257 $-44,614
2019 $266,530 $241,413 $179,426 $25,117
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