PARTNERSHIP FOR GROWTH (EIN 883405493) - 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

2020

Legal Domicile

Principal Officer

EDDIE ANDERSON

Phone

3237314131

Tax Period

2024-01-01 to 2024-12-31

PARTNERSHIP FOR GROWTH, founded in 2020, is a community nonprofit in the Human Services sector that reported $4.2M in total revenue in fiscal year 2024. Revenue surged 99% from the prior year, signaling strong growth momentum. The organization ran a surplus of $963K, a strong 23% operating margin.

Mission

PARTNERSHIP FOR GROWTH LOS ANGELES WORKS TO ADDRESS CORE NEEDS VITAL TO COMMUNITY MEMBERS' QUALITY OF LIFE, SUCH AS FOOD ACCESS, JOB AND ECONOMIC SECURITY, PRIMARY EDUCATION SUPPORT, AND WORKFORCE 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 $3,665,689

Program Service Revenue $288,210

Investment Income $224,906

Other Revenue $0

TOTAL REVENUE $4,178,805

Expense Breakdown

Grants Paid $1,039,402

Salaries & Benefits $1,162,102

Fundraising Expenses $102,051

Program Expenses $2,181,553

Other Expenses $1,013,954

TOTAL EXPENSES $3,215,458

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,178,805	$2,100,365	+1.0%
Expenses	$3,215,458	$1,888,974	+0.7%
Net Income	$963,347	$211,391	+3.6%

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

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

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

$145,292

Total Directors

$145,292

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOEL SIMONDS	PRESIDENT	2.00	Officer Director	$0	$0	$0
AARON THOMAS	TREASURER	2.00	Officer Director	$0	$0	$0
LIANA SCHWARZ	SECRETARY	2.00	Officer Director	$0	$0	$0
BRYCE CRACKNELL	MEMBER	2.00	Director	$0	$0	$0
EDDIE ANDERSON	CEO	10.00	Officer Director	$145,292	$0	$145,292
JULIE BANK	MEMBER	2.00	Director	$0	$0	$0
NAJUMA SMITH-POLLARD	MEMBER	2.00	Director	$0	$0	$0
NICK MELVOIN	MEMBER	2.00	Director	$0	$0	$0
TINA MCKINNOR	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
2024	$4,178,805	$3,215,458	$4,164,426	$963,347
2023	$2,100,365	$1,888,974	$6,412,994	$211,391

PARTNERSHIP FOR GROWTH