PARTNERSHIP FOR ECONOMIC DEVELOPMENT INC (EIN 860833573) - 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

Legal Domicile

Principal Officer

JAMES GRAY

Phone

9285057333

Tax Period

2024-07-01 to 2025-06-30

PARTNERSHIP FOR ECONOMIC DEVELOPMENT INC is a small nonprofit in the Community Improvement sector that reported $678K in total revenue in fiscal year 2024. Revenue fell 91% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $211K, a strong 31% operating margin.

Mission

EDUCATE THE PUBLIC AND PROMOTE ECONOMIC DEVELOPMENT

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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 $0

Program Service Revenue $534,060

Investment Income $94,944

Other Revenue $49,142

TOTAL REVENUE $678,146

Expense Breakdown

Grants Paid $0

Salaries & Benefits $250,424

Fundraising Expenses $0

Program Expenses $363,814

Other Expenses $216,734

TOTAL EXPENSES $467,158

Year-over-Year Comparison

	2024	2023	Change
Revenue	$678,146	$7,213,008	-0.9%
Expenses	$467,158	$7,981,886	-0.9%
Net Income	$210,988	$-768,878	-1.3%

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

$139,360

Total Directors

$139,360

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES GRAY	President & CEO	40.00	Officer Director	$139,360	$0	$139,360
ROSS HOBDAY	Director	2.00	Director	$0	$0	$0
LISA PENDER-WHITE	Vice Chairman	4.00	Director	$0	$0	$0
PHILIP FITZGERALD	Director	2.00	Director	$0	$0	$0
JAY MARKLE	Director	2.00	Director	$0	$0	$0
MARK DURHAM	Chairman	4.00	Officer Director	$0	$0	$0
PENNY LYONS	Director	2.00	Director	$0	$0	$0
DUSTIN RUNYON	Director	2.00	Director	$0	$0	$0
JARRETT PORTZ	Director	2.00	Director	$0	$0	$0
LUKE STILL	Director	2.00	Director	$0	$0	$0
REBECCA STONE	Director	2.00	Director	$0	$0	$0
RALPH TAPSCOTT	Treasurer	4.00	Officer Director	$0	$0	$0
MICHELE LIN	Director	2.00	Director	$0	$0	$0
JAMES GRAY	PRESIDENT & CEO	40.00		$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	$678,146	$467,158	$4,143,886	$210,988
2024	$7,213,008	$7,981,886	$3,792,917	$-768,878
2023	$581,792	$494,872	$4,580,644	$86,920
2022	$527,104	$548,973	$4,481,969	$-21,869
2021	$619,650	$472,321	$4,501,781	$147,329
2020	$727,268	$829,681	$4,405,204	$-102,413
2019	$2,016,190	$774,151	$4,441,106	$1,242,039
2018	$634,738	$828,321	$3,204,777	$-193,583

PARTNERSHIP FOR ECONOMIC DEVELOPMENT INC