Lubbock Partnership Network

Nonprofit profile at a glance

EIN
841960348
IRS 990-EZ coverage
2019–2023
Forms available
Form 990-EZ 2023
Location
Lubbock, TX, USA
Phone
8062190078
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Reported finances

Revenue
$164,895
Expenses
$164,895
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • CICELY ALEXANDER (EXECUTIVE DIRECTOR)
  • SYD SEXTON (PRESIDENT)
  • KEVIN MCCONIC (VICE PRESIDENT)

People named in this filing

  • CICELY ALEXANDER (EXECUTIVE DIRECTOR)
  • SYD SEXTON (PRESIDENT)
  • KEVIN MCCONIC (VICE PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To remove barriers of learning that exist for students within the network, to create expansive and equitable opportunities to learn, provide specialized support through the school and community, and offer advancement and networking opportunities for students in the network to launch them into successful high school and postsecondary careers.

What it reported doing in 2023

The organization is designed to continue improving learning outcomes at a group of schools by increasing access to resources and providing a way for these campuses to work together and learn from each other. During 2023-2024 the organization executed performance contracts with lisd for four campuses: alderson elementary, ervin elementary, hodges elementary and dunbar college preparatory academy.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 16
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 0%; rating input score 34; 34th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 85.3%; rating input score 0; 0th percentile among comparable filings

Growth

  • Program expense growth: 4.7% per year; rating input score 100; 47th percentile among comparable filings
  • Revenue growth: 4.7% per year; rating input score 100; 47th percentile among comparable filings
  • Asset growth: -25.4% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $165K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2019 to 2023
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Moderate — Sustainability: Operating margin scored 34/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 0/100.