PARTNERS IN SKILLS A NJ NONPROFIT … - Form 990 Financial Data

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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

2017

Legal Domicile

Principal Officer

Miriam Gerstein

Phone

7323674694

Tax Period

2023-01-01 to 2023-12-31

PARTNERS IN SKILLS A NJ NONPROFIT CORPORATION, founded in 2017, is a community nonprofit in the Employment sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 106% from the prior year, signaling strong growth momentum.

Mission

Partners in Skills provided for training and internships for a new cohort of women as well as internships for previous cohorts.

Program Service Accomplishments

Program 1

Expenses: $1,146,816 Revenue: $1,074,907

Partners in Skills provided another course for 53 women in high tech. Partners in Skills paid $974,537 for expenses incurred for this. This included primarily payment to an existing third part...

Partners in Skills provided another course for 53 women in high tech. Partners in Skills paid $974,537 for expenses incurred for this. This included primarily payment to an existing third part organization to run the course (provide classrooms, teachers, and managment of the courses.) In addition, Partners in Skills paid internship stipends of $168,900, rent of $1275, and misc expenses of $2102. Revenue includes donations and and grants of $1,058,528 and tuition of $16,378.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,058,528

Program Service Revenue $16,379

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,074,907

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,146,816

Other Expenses $1,146,816

TOTAL EXPENSES $1,146,816

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,074,907	$521,326	+1.1%
Expenses	$1,146,816	$599,791	+0.9%
Net Income	$-71,909	$-78,465	-0.1%

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

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
Dina Yankelewitz	CEO	10.00	Officer	$0	$0	$0
Lea Honigwachs	Board member	0	Officer	$0	$0	$0
Miriam Gerstein	Board member	0	Officer	$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
2024	No data	No data	No data	No data
2023	$1,074,907	$1,146,816	$31,270	$-71,909
2022	$521,326	$599,791	$156,720	$-78,465

PARTNERS IN SKILLS A NJ NONPROFIT CORPORATION