NEWCITIES INSTITUTE INC DBA PARTNERSHIP FOR SUCCESSFUL SCHOOLS (EIN 611377132) - 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

2001

Legal Domicile

Principal Officer

CAROLYN WITT JONES

Phone

8593330944

Tax Period

2019-07-01 to 2020-06-30

NEWCITIES INSTITUTE INC DBA PARTNERSHIP FOR SUCCESSFUL SCHOOLS, founded in 2001, is a micro nonprofit that reported $10K in total revenue in fiscal year 2019. Revenue surged 67% from the prior year, signaling strong growth momentum. Expenses of $34K exceeded revenue, resulting in a 237% operating deficit.

Mission

THE PARTNERSHIP FOR SUCCESSFUL SCHOOLS (PFSS), CREATED TO ENCOURAGE BUSINESS SUPPORT FOR EDUCATION REFORM EFFORTS, WORKS ACROSS KENTUCKY TO IDENTIFY GAPS, CONVENE PARTNERS, LINK RESOURCES, IDENTIFY SOLUTIONS AND, ALONGSIDE COMMUNITIES IMPLEMENT THOSE SOLUTIONS IN CLASSROOMS, SCHOOLS AND SCHOOL DISTRICTS. FOCUSED PRIMARILY ON COLLEGE, CAREER, LIFE READINESS AND LITERACY ISSUES TODAY, PFSS STRIVES TO WORK WITH AND BRING TOGETHER RELEVANT VOICES IN SUPPORT OF STUDENT ACHIEVEMENT AND A HIGHLY SKILLED WORKFORCE.

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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 (2019)

Revenue Breakdown

Contributions & Grants $10,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $10,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $30,350

Fundraising Expenses $0

Program Expenses $31,303

Other Expenses $3,371

TOTAL EXPENSES $33,721

Year-over-Year Comparison

	2019	2018	Change
Revenue	$10,000	$6,000	+0.7%
Expenses	$33,721	$58,872	-0.4%
Net Income	$-23,721	$-52,872	-0.6%

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

$30,350

Total Directors

$30,350

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROLYN WITT JONES	PRESIDENT	5.00	Officer Director	$0	$0	$0
SPENCER NOE	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
DALE BROWN	CHAIR	2.00	Officer Director	$0	$0	$0
POLLY MARQUETTE	VICE CHAIR	40.00	Officer Director	$30,350	$0	$30,350

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
2020	$10,000	$33,721	No data	$-23,721
2019	$6,000	$58,872	$28,848	$-52,872

NEWCITIES INSTITUTE INC DBA PARTNERSHIP FOR SUCCESSFUL SCHOOLS