PERMIAN STRATEGIC PARTNERSHIP INC (EIN 830931988) - 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

2018

Legal Domicile

Principal Officer

DON EVANS

Phone

4326877195

Tax Period

2024-01-01 to 2024-12-31

PERMIAN STRATEGIC PARTNERSHIP INC, founded in 2018, is a community nonprofit in the Community Improvement sector that reported $6.9M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 22% operating margin.

Mission

TO STRENGTHEN AND IMPROVE THE QUALITY OF LIFE FOR PERMIAN BASIN RESIDENTS BY PARTNERING WITH LOCAL LEADERS TO DEVELOP AND IMPLEMENT STRATEGIC PLANS THAT FOSTER SUPERIOR SCHOOLS, SAFER ROADS, QUALITY HEALTHCARE, AFFORDABLE HOUSING AND A TRAINED WORKFORCE. THE COMPANIES INVOLVED WITH THE PSP WILL BRING PEOPLE, EXPERTISE, RESOURCES AND LEADERSHIP TO DEVELOP SOLUTIONS IN PARTNERSHIP WITH LOCAL LEADERS AND COMMUNITIES.

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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 $6,358,868

Program Service Revenue $0

Investment Income $526,615

Other Revenue $0

TOTAL REVENUE $6,885,483

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,755,271

Fundraising Expenses $0

Other Expenses $1,629,562

TOTAL EXPENSES $5,384,833

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,885,483	$5,590,737	+0.2%
Expenses	$5,384,833	$5,353,895	+0.0%
Net Income	$1,500,650	$236,842	+5.3%

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

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

$2,378,511

Total Directors

$1,145,294

Key Employees

$577,228

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DON EVANS	EXECUTIVE CHAIRMAN	40.00	Officer Director	$1,145,294	$0	$1,145,294
BARTON CAHIR	DIRECTOR	1.00	Director	$0	$0	$0
BILL JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
BRENDAN MCCRACKEN	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS DOYLE	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS WRIGHT	DIRECTOR	1.00	Director	$0	$0	$0
CLAY BRETCHES	DIRECTOR	1.00	Director	$0	$0	$0
CLAY GASPAR	DIRECTOR	1.00	Director	$0	$0	$0
EZRA YACOB	DIRECTOR	1.00	Director	$0	$0	$0
JAMES WALTER	DIRECTOR	1.00	Director	$0	$0	$0
JOHN LINDSAY	DIRECTOR	1.00	Director	$0	$0	$0
KEN WAITS	TREASURER	1.00	Officer Director	$0	$0	$0
KYLE KOONTZ	DIRECTOR	1.00	Director	$0	$0	$0
LANCE ROBERTSON	DIRECTOR	1.00	Director	$0	$0	$0
LYNDAL CISSELL	DIRECTOR	1.00	Director	$0	$0	$0
MARK BERG	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
MARK RICHARD	DIRECTOR	1.00	Director	$0	$0	$0
MATT MELOY	DIRECTOR	1.00	Director	$0	$0	$0
MATT WALL	DIRECTOR	1.00	Director	$0	$0	$0
NICK OLDS	DIRECTOR	1.00	Director	$0	$0	$0
RYDER BOOTH	DIRECTOR	1.00	Director	$0	$0	$0
TOM JORDEN	DIRECTOR	1.00	Director	$0	$0	$0
TOM LONG	DIRECTOR	1.00	Director	$0	$0	$0
TRAVIS STICE	DIRECTOR	1.00	Director	$0	$0	$0
VICKI HOLLUB	DIRECTOR	1.00	Director	$0	$0	$0
WILLIE CHIANG	DIRECTOR	1.00	Director	$0	$0	$0
TRACEE BENTLEY	CEO/PRESIDENT	40.00	Officer	$1,166,302	$66,915	$1,233,217
SCOTT KIDWELL	VICE PRESIDENT	1.00	Officer	$0	$0	$0
JEFF JOHNSTON	SECRETARY	1.00	Officer	$0	$0	$0
BARRY THOMAS	GENERAL COUNSEL	1.00	Officer	$0	$0	$0
CASEY G YATES	DIRECTOR OF FINANCE	40.00	Key Emp	$298,322	$56,578	$354,900
MORGAN HERBERT	DIRECTOR OF OPERATIONS	40.00	Key Emp	$175,841	$46,487	$222,328

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	$6,885,483	$5,384,833	$54,173,126	$1,500,650
2023	$5,590,737	$5,353,895	$26,021,009	$236,842
2022	$6,185,241	$5,902,496	$22,189,829	$282,745
2021	$4,457,410	$4,990,935	$18,990,361	$-533,525
2020	$3,877,912	$4,050,957	$11,015,627	$-173,045
2019	$7,938,058	$4,835,632	$4,209,447	$3,102,426

PERMIAN STRATEGIC PARTNERSHIP INC