Greater Wilkes-barre Growth Partnership

Nonprofit profile at a glance

EIN
263345028
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Wilkesbarre, PA, USA
Phone
5708232101
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$385,463
Expenses
$305,465
Assets
$4,449,051
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

61 people listed

Executive titles in this filing

  • LINDSAY GRIFFIN (PRESIDENT/CEO)

Highest reported compensation

  • LINDSAY GRIFFIN (PRESIDENT/CEO): $161,593 total reported compensation
  • MATTHEW BICKERT (CHIEF FINANCIAL OFFICER): $93,992 total reported compensation
  • PATRICK ENDLER (BOARD MEMBER): $53,909 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Operate exclusively for the benefit of, to perform the functions of, to carry out the 501(c)(3) purposes of, and/or otherwise support the greater wilkes-barre chamber of business & industry.

What it reported doing in 2024

The greater wilkes-barre growth partnership, in conjunction with the greater wilkes-barre chamber of business & industry and its related entities, carries out the following programmatic activities:- carrying on independent activities and programs which support or benefit the specified publicly supported organization, including the making of payments to or for the use of, or the provision of services or facilities for individual members of the charitable class benefited by the specified publicly supported organizations;- sponsoring, supporting, administering, and overseeing programs and activities intended to promote the overall health and welfare of the greater wilkes-barre Pennsylvania area, relieve poverty, combat community deterioration, and create jobs; - enhancing regional employment through the creation and implementation of workplace development and education programs and events for the benefit of the entire region;- assisting in the removal of blight, development, construction, ownership, and leasing of distressed real property in order to promote the overall health and welfare of the greater wilkes-barre Pennsylvania area;- undertaking fundraising to support any of the corporation's activities or those activities of the specified publicly supported organizations;- awarding grants and gifts to support the programs and activities of the specified publicly supported organizations; and- doing such things as are necessary to implement these purposes as well as any lawful purpose or purposes for which corporation may be incorporated under the nonprofit corporation law of 1988, as amended.during the year, the greater wilkes barre growth partnership (gwbgp) conducted fundraising to support the greater wilkes barre chamber of business and industry's (gwbcbi) efforts to improve the regional economy. The gwbcbi and its affiliate organizations were involved in supporting local businesses.the gwbcbi worked to promote regional growth and expansion. The gwbcbi and its affiliated organizations encouraged business relocation to the region.the gwbcbi and its affiliated organizations successfully completed the remediation of a brownfield site which is now ready for sale.the gwbcbi and its affiliates marketed the area to developers outside of the region in an effort to attract new industry to the region.

Operating model

Revenue model
Donor-supported. 61% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 71
  • Accountability: 94
  • Sustainability: 73
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84.6%; rating input score 85
  • Program expense ratio: 75.7%; rating input score 76
  • Fundraising efficiency: $11.13 raised per $1 spent on fundraising; rating input score 42; 42nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 97.7%; rating input score 98; 26th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 20.8%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 14.56; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 26.3%; rating input score 14; 14th percentile among comparable filings

Growth

  • Program expense growth: -6.5% per year; rating input score 0; 15th percentile among comparable filings
  • Revenue growth: -1.5% per year; rating input score 0; 18th percentile among comparable filings
  • Asset growth: 4.2% per year; rating input score 100; 43rd percentile among comparable filings

Details

  • Where the money goes: 84.6% of revenue deployed · 75.7% of spending went to programs
  • Governance: 43 of 44 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $231K in reported program spending
  • Leadership: top reported pay $162K · 61 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 26 of 26 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 8 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 42/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: Whistleblower policy not reported.
  • High — Sustainability: Officer compensation ratio scored 14/100.