THE PARTNERSHIP INITIATIVES FUND

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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

1998

Legal Domicile

Principal Officer

ANGELA LUNSFORD

Phone

8652462634

Tax Period

2024-07-01 to 2025-06-30

THE PARTNERSHIP INITIATIVES FUND, founded in 1998, is a small nonprofit that reported $142K in total revenue in fiscal year 2024. Revenue fell 54% from the prior year — a significant decline worth monitoring.

Mission

TO BENEFIT THE KNOXVILLE COMMUNITY AND FOSTER ECONOMIC DEVELOPMENT.

Program Service Accomplishments

Program 1

Revenue: $41,566

TO FOSTER AND PROMOTE EDUCATIONAL, SCIENTIFIC, OR CHARITABLE UNDERTAKINGS OR PROJECTS THAT HAVE THE PURPOSES OR INTENT OF BENEFITING THE COMMUNITY AND TO FOSTER ECONOMIC DEVELOPMENT WHICH AFFECTS THE...

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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 $100,000

Program Service Revenue $0

Investment Income $41,566

Other Revenue $0

TOTAL REVENUE $141,566

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	$141,566	$309,021	-0.5%
Expenses	N/A	N/A	N/A
Net Income	N/A	$309,021	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

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVE MILLER	CHAIR	1.00	Officer Director	$0	$0	$0
NIKITIA THOMPSON	SECRETARY	1.00	Officer Director	$0	$0	$0
HARRY BOSTON	VICE CHAIR BUSINESS CLIMAT	1.00	Officer Director	$0	$0	$0
MARTY BROWN	VICE CHAIR ENTREPRENEURSHIP/SMALL BUSINESS	1.00	Officer Director	$0	$0	$0
DEBBIE BILLINGS	VICE CHAIR INFRASTRUCTURE	1.00	Officer Director	$0	$0	$0
ROB STIVERS	VICE CHAIR TALENT	1.00	Officer Director	$0	$0	$0
MIKE ODOM	PRESIDENT AND CEO	5.00	Officer Director	$0	$0	$0
ANGELA LUNSFORD	VP OF FINANCE AND OPERATIO	1.00	Officer Director	$0	$0	$0
JIM VANDERSTEEG	VICE CHAIR ECONOMIC DEVELO	1.00	Officer Director	$0	$0	$0
RANDY JENKINS	TREASURER	1.00	Officer Director	$0	$0	$0
MARK MAMANTOV	GENERAL COUNSEL	1.00	Officer Director	$0	$0	$0
JAMIE LANDIS	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
JAMIE DAVIS	BOARD MEMBER	1.00	Officer 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	$141,566	No data	$1,301,969	No data
2024	$309,021	No data	$1,160,403	No data
2023	$155,118	$35	$851,382	$155,083
2022	$61,067	$215	$696,299	$60,852
2021	$480	$480	$666,247	No data
2020	$1,860	$1,860	$752,784	No data
2019	$91,321	$91,321	$756,497	No data
2018	$75,204	$75,204	$748,245	No data