REGIONAL SECTOR PARTNERSHIP CORPOR… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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

Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Principal Officer

LARRY GARATONI

Phone

5742715145

Tax Period

2022-07-01 to 2023-06-30

REGIONAL SECTOR PARTNERSHIP CORPORATION, founded in 2017, is a micro nonprofit in the Community Improvement sector that reported $31K in total revenue in fiscal year 2022. Revenue fell 82% from the prior year — a significant decline worth monitoring. Expenses of $76K exceeded revenue, resulting in a 142% operating deficit.

Mission

TO DEVELOP THROUGH SECTOR PARTNERSHIPS IN ELKHART AND ST. JOSEPH COUNTIES INDIANA TO STRENGTHEN IT EDUCATION IN THE REGION TO BENEFIT YOUNG PEOPLE

Program Service Accomplishments

Program 1

Expenses: $75,753

STRENGTHENING THE INFORMATION TECHNOLOGY EDUCATION IN THE REGION TO BENEFIT YOUNG PEOPLE TO ENABLE THEM TO ACHIEVE IN THEIR CAREERS, LIVES AND ALSO BENEFIT THE REGION AS A WHOLE THROUGH KEEPING THE...

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $30,000

Program Service Revenue $0

Investment Income $0

Other Revenue $1,246

TOTAL REVENUE $31,246

Expense Breakdown

Grants Paid $0

Salaries & Benefits $43,887

Fundraising Expenses $0

Program Expenses $75,753

Other Expenses $31,866

TOTAL EXPENSES $75,753

Year-over-Year Comparison

	2022	2021	Change
Revenue	$31,246	$171,390	-0.8%
Expenses	$75,753	$173,050	-0.6%
Net Income	$-44,507	$-1,660	+25.8%

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

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
LARRY GARATONI	BOARD MEMBER	2.00	Director	$0	$0	$0
CHARLES LOESER	BOARD MEMBER	2.00	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
2023	$31,246	$75,753	$338	$-44,507
2022	$171,390	$173,050	$600	$-1,660

REGIONAL SECTOR PARTNERSHIP CORPORATION