Partners of the Americas Inc

What it reported doing in 2024

Education unit: partners is dedicated to advancing education by empowering individuals to cultivate the knowledge, skills, and values essential for effective global engagement. Our initiatives span across the educational spectrum, encompassing preschool through secondary education with a wealth of experience in remedial education, learning recovery, and accelerated learning, including within migrant communities. In parallel, we have successfully collaborated with donors and the private sector in workforce development endeavors, enabling young individuals to hone their skills and secure employment opportunities. Our expertise extends to exchange programs, facilitated through partnerships with more than 2,500 higher education institutions and community-based organizations. Through these alliances, we provide not only connections but also vital financial support mechanisms, enabling meaningful international experiences that foster sustainable community-based initiatives, personal and professional growth, and increased cultural awareness across the western hemisphere. The education unit (eu) is comprised of three programs: the five-year, $35 million usd, juntos aprendemos (together we learn) project in colombia funded by the united states agency for international development (USAID), the 100,000 strong in the americas innovation fund funded by the united states department of state (dos), and the education and culture program, also funded by dos.

Financial Efficiency

• Mission deployment rate: 77.4%; rating input score 77
• Program expense ratio: 76.8%; rating input score 77
• Fundraising efficiency: $409.33 raised per $1 spent on fundraising; rating input score 94; 94th percentile among comparable filings

Transparency & Controls

• Consistency checks: 93.8%; rating input score 94; 17th percentile among comparable filings
• Pay-setting controls: 2 of 6 controls in place; rating input score 33
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: 2 of 8 controls in place; rating input score 25
  • Claims monitoring procedures: Pass
  • Requires narrative reports: Limited
  • Conducts field audits: Limited
  • May suspend future funding: Limited
  • Requires financial reports: Pass
  • Conducts site visits: Limited
  • Requires grant agreements: Limited
  • May require repayment: Limited
• Grant itemization coverage: 91.9%; rating input score 92; 22nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -0.8%; rating input score 27; 27th percentile among comparable filings
• Total-asset coverage ratio: 1.13; rating input score 41; 41st percentile among comparable filings
• Liabilities to assets ratio: 1; rating input score 6; 6th percentile among comparable filings
• Officer compensation ratio: 12.3%; rating input score 13; 13th percentile among comparable filings

Growth

• Program expense growth: 12.6% per year; rating input score 100; 78th percentile among comparable filings
• Revenue growth: 15.1% per year; rating input score 100; 86th percentile among comparable filings
• Asset growth: 12.1% per year; rating input score 100; 73rd percentile among comparable filings