Partners for Rural Impact Inc

EIN: 872937264 501(c)(3) Education

Berea, KY

Total Revenue
$37,041,008
Total Expenses
$27,292,703
Total Assets
$20,851,238
Net Assets
$10,564,916
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
KY
Phone
8599852602
Tax Period
2022-07-01 to 2023-06-30

Partners for Rural Impact Inc, founded in 2021, is a mid-sized nonprofit in the Education sector that reported $37.0M in total revenue in fiscal year 2022. Revenue surged 4774% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9.7M, a strong 26% operating margin.

Mission

THE MISSION OF PARTNERS FOR RURAL IMPACT, INC (PRI) IS TO INCREASE EDUCATIONAL OPPORTUNITY, PROSPERITY AND WELL-BEING IN RURAL 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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $30,002,504
Program Service Revenue $7,027,609
Investment Income $10,895
Other Revenue $0
TOTAL REVENUE $37,041,008

Expense Breakdown

Grants Paid $152,000
Salaries & Benefits $10,639,369
Fundraising Expenses $672,964
Program Expenses $23,984,704
Other Expenses $16,501,334
TOTAL EXPENSES $27,292,703

Year-over-Year Comparison

2022 2021 Change
Revenue $37,041,008 $760,000 +47.7%
Expenses $27,292,703 $171,425 +158.2%
Net Income $9,748,305 $588,575 +15.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
133
Volunteers
7

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
8
$606,794
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A CHAIRMAN (BEGAN 12/31/22) and DIRECTOR 1.0
Officer Director
$0 $0 $0
N/A CHAIRMAN & DIRECTOR (UNTIL 12/31/22) 1.0
Officer Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR (UNTIL 12/31/22) 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A CHIEF OF STAFF (AS OF 5/15/2023) 40.0
Officer
$0 $0 $0
N/A PRESIDENT/CEO 40.0
Officer
$148,991 $24,396 $173,387
N/A VP OF PLACE-BASED PARTNERSHIPS 40.0
Officer
$114,272 $16,201 $130,473
N/A EXECUTIVE VICE PRESIDENT 40.0
Officer
$110,321 $12,859 $123,180
N/A VP OF HUMAN RESOURCES, OPERATIONS AND LEGAL 40.0
Officer
$103,727 $15,750 $119,477
N/A VP FOR CAPACITY AND CIVIC INFRASTRUCTURE 40.0
Officer
$49,194 $11,083 $60,277
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 No data No data No data No data
2024 No data No data No data No data
2023 $37,041,008 $27,292,703 $20,851,238 $9,748,305
2022 $760,000 $171,425 $665,523 $588,575
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