PARTNERSHIP DEVELOPMENT FOUNDATION INC

EIN: 753193664 501(c)(3) Community Improvement

PORTSMOUTH, VA

Total Revenue
$214,507
Total Expenses
$345,351
Total Assets
$1,374,169
Net Assets
$967,607
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
VA
Principal Officer
MICHELLE WREN
Phone
7573978473
Tax Period
2025-01-01 to 2025-12-31

PARTNERSHIP DEVELOPMENT FOUNDATION INC, founded in 2005, is a micro nonprofit in the Community Improvement sector that reported $41 in total revenue in fiscal year 2018. Revenue surged 4000% from the prior year, signaling strong growth momentum. Expenses of $125 exceeded revenue, resulting in a 205% operating deficit.

Mission

TO SUPPORT THE CITY OF PORTSMOUTH BY RECLAIMING UNDER PERFORMING PROPERTIES FOR A HIGHER AND BETTER USE FOR THE ECONOMIC GROWTH OF THE ENTIRE CITY AND BY PROVIDING FINANCIAL RESOURCES FOR OTHER CHARITABLE AND EDUCATIONAL ORGANIZATIONS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $214,325
Program Service Revenue $0
Investment Income $54
Other Revenue $128
TOTAL REVENUE $214,507

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $345,351
Other Expenses $345,351
TOTAL EXPENSES $345,351

Year-over-Year Comparison

2025 2024 Change
Revenue $214,507 $426,608 -0.5%
Expenses $345,351 $284,945 +0.2%
Net Income $-130,844 $141,663 -1.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
9

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
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAMILLE CHERRY PRESIDENT 1.00
Officer Director
$0 $0 $0
MAX GREENHOOD VICE PRESIDE 1.00
Officer Director
$0 $0 $0
WILLIAM H HARGROVE III TREASURER/SE 1.00
Officer Director
$0 $0 $0
CHRIS SHELTON DIRECTOR 1.00
Director
$0 $0 $0
CURTIS LYONS DIRECTOR 1.00
Director
$0 $0 $0
MATTHEW TUTTLE DIRECTOR 1.00
Director
$0 $0 $0
STEVE HERETICK DIRECTOR 1.00
Director
$0 $0 $0
ROSS CHERRY DIRECTOR 1.00
Director
$0 $0 $0
CAMERON ROBINETT DIRECTOR 1.00
Director
$0 $0 $0
MICHELLE WREN EXECUTIVE DI 5.00
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 $214,507 $345,351 $1,374,169 $-130,844
2024 $426,608 $284,945 $1,536,692 $141,663
2023 $270,274 $151,793 $1,720,116 $118,481
2022 $518,132 $233,658 $1,258,807 $284,474
2021 $502,133 $145,545 $761,009 $356,588
2019 $-282,947 $9,040 $5,999 $-291,987
2018 $41 $125 $740,807 $-84
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare PARTNERSHIP DEVELOPMENT FOUNDATION INC with other nonprofits in Virginia and across the country.