Partnership for Tomorrow
Nonprofit profile at a glance
- EIN
- 571073851
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024
- Location
- Greer, SC, USA
- Phone
- 8644160126
- Rating
- 57
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $111,400
- Expenses
- $94,579
- Assets
- $33,518
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- Kevin Duncan (Board Member)
- Andy Merriman (Board Member)
- Katie Collins (Board Member)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the PFT is to build and leverage relationships to promote the impactful and sustainable initiatives, and to promote growth through innovation.
What it reported doing in 2024
To support the Platform at Greer by providing seed money forthe initiatives and for graduates of the bootcamp and advocatefor projects that deliver sustainable growth in the community
Operating model
- Revenue model
- Donor-supported. 100% 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
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 22
- Transparency & Controls: 100
- Sustainability: 47
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 20%; rating input score 20
- Program expense ratio: 23.5%; rating input score 24
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 15.1%; rating input score 67; 67th percentile among comparable filings
- Total-asset coverage ratio: 0.35; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 9% per year; rating input score 100; 59th percentile among comparable filings
- Revenue growth: 65.4% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: -9% per year; rating input score 0; 12th percentile among comparable filings
Details
- Where the money goes: 20% of revenue deployed · 23.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $22K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- 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 — Financial Efficiency: Mission deployment rate scored 20/100.
- High — Financial Efficiency: Program expense ratio scored 24/100.
- High — Sustainability: Total-asset coverage ratio scored 29/100.
- High — Growth: Asset growth scored 0/100.