Partners In Development Incorporated
Partners In Development: Consistent Revenue, Volatile Expenses, and Transparency Gaps
EIN: 222536583 · Ipswich, MA · NTEE: Q330 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $905K |
| Total Expenses | $831K |
| Program Spending | 70% |
| Net Assets | $333K |
| Transparency Score | 75/100 |
Is Partners In Development Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Partners In Development Incorporated directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Partners In Development Incorporated
Partners In Development Incorporated (EIN: 222536583) is a nonprofit organization based in Ipswich, MA, classified under NTEE code Q330. The organization reported total revenue of $905K and total assets of $366K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Partners In Development Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Partners In Development Incorporated is a small nonprofit that has been operating for 41 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -2.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $905K |
| Total Expenses | $831K |
| Surplus / Deficit | +$74K |
| Total Assets | $366K |
| Total Liabilities | $32K |
| Net Assets | $333K |
| Operating Margin | 8.1% |
| Debt-to-Asset Ratio | 8.9% |
| Months of Reserves | 5.3 months |
Financial Health Grade: A
In 2024, Partners In Development Incorporated reported a surplus of $74K with revenue exceeding expenses, holds 5.3 months of operating reserves (adequate), has a debt-to-asset ratio of 8.9% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Partners In Development Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +10.6% | -2.5% | +25.4% |
| 2023 | -39.7% | -42.0% | -9.7% |
| 2022 | +22.2% | +45.6% | -27.1% |
| 2021 | -17.4% | -18.6% | +12.0% |
| 2020 | -9.0% | -16.4% | +35.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Partners In Development Incorporated with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Partners In Development Incorporated allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $74K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.9%.
Executive Compensation Analysis
Without specific executive compensation figures from filings, a detailed assessment is not possible; however, the overall expense structure suggests a need for clarity on how compensation aligns with organizational performance and mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Partners In Development Incorporated's IRS 990 filings:
- Expenses frequently exceed revenue, leading to net losses in multiple years (e.g., 2024: $830,919 expenses vs. $904,537 revenue, 2023: $852,437 expenses vs. $818,201 revenue).
- Lack of explicit executive compensation details in the provided data makes it difficult to assess fairness and appropriateness.
- The 'c0%' in the financial data is unclear and could indicate a lack of cash or a reporting anomaly.
Strengths
The following positive indicators were identified for Partners In Development Incorporated:
- Consistent revenue generation over several years, indicating stable donor support.
- Maintained positive net assets despite periods of operational losses, demonstrating financial resilience.
- Long operational history (data back to 2017) suggests established presence and experience.
Frequently Asked Questions about Partners In Development Incorporated
Is Partners In Development Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Partners In Development Incorporated (EIN: 222536583) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Partners In Development Incorporated spend its money?
Partners In Development Incorporated directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Partners In Development Incorporated tax-deductible?
Partners In Development Incorporated is registered as a tax-exempt nonprofit (EIN: 222536583). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Partners In Development Incorporated's spending goes to programs?
Partners In Development Incorporated directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Partners In Development Incorporated compare to similar nonprofits?
With a transparency score of 75/100 (Good), Partners In Development Incorporated is above average for NTEE category Q330 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Partners In Development Incorporated located?
Partners In Development Incorporated is headquartered in Ipswich, Massachusetts and files with the IRS under EIN 222536583. It is classified under NTEE code Q330.
How many years of IRS 990 filings does Partners In Development Incorporated have?
Partners In Development Incorporated has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $905K in total revenue.
What does Partners In Development Incorporated do?
Partners In Development Incorporated is a nonprofit organization in the International & Foreign Affairs sector, located in Ipswich, Massachusetts. It is classified under NTEE code Q330.
How much revenue does Partners In Development Incorporated have?
Partners In Development Incorporated reported total revenue of $904,537. Based on 14 IRS 990 filings on record.
What are Partners In Development Incorporated's total assets?
Partners In Development Incorporated holds total assets of $365,804 as reported in IRS 990 filings.
Where is Partners In Development Incorporated located?
Partners In Development Incorporated is based in Ipswich, Massachusetts.
What is Partners In Development Incorporated's EIN?
Partners In Development Incorporated's Employer Identification Number (EIN) is 222536583. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Partners In Development Incorporated?
Partners In Development Incorporated is classified under NTEE code Q330 (International & Foreign Affairs).
Is Partners In Development Incorporated a registered 501(c)(3)?
Yes, Partners In Development Incorporated is recognized as a tax-exempt organization by the IRS. EIN: 222536583.
Does Partners In Development Incorporated file IRS Form 990?
Yes, Partners In Development Incorporated has 14 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Partners In Development Incorporated's revenue in 2024?
In the 202406 filing period, Partners In Development Incorporated reported total revenue of $904,537, total expenses of $830,919, and net assets of $365,804.
Is Partners In Development Incorporated's revenue growing or declining?
Partners In Development Incorporated's revenue is growing. Revenue went from $818,201 (202306) to $904,537 (202406), a +10.6% change. Based on 14 filings on record.
What is Partners In Development Incorporated's most recent 990 filing?
The most recent IRS Form 990 filing for Partners In Development Incorporated covers tax period 202406. It shows revenue of $904,537, expenses of $830,919, total assets of $365,804, and liabilities of $32,392.
How much does Partners In Development Incorporated spend on programs vs administration?
Based on IRS 990 analysis, Partners In Development Incorporated allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Partners In Development Incorporated a trustworthy charity?
Based on AI analysis of IRS 990 data, Partners In Development Incorporated appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Partners In Development Incorporated?
The following concerns were identified: Expenses frequently exceed revenue, leading to net losses in multiple years (e.g., 2024: $830,919 expenses vs. $904,537 revenue, 2023: $852,437 expenses vs. $818,201 revenue).. Lack of explicit executive compensation details in the provided data makes it difficult to assess fairness and appropriateness.. The 'c0%' in the financial data is unclear and could indicate a lack of cash or a reporting anomaly.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Partners In Development Incorporated's strengths?
Positive indicators for Partners In Development Incorporated include: Consistent revenue generation over several years, indicating stable donor support.. Maintained positive net assets despite periods of operational losses, demonstrating financial resilience.. Long operational history (data back to 2017) suggests established presence and experience.. These findings are derived from AI analysis of the organization's financial filings.
How does Partners In Development Incorporated compensate executives?
Without specific executive compensation figures from filings, a detailed assessment is not possible; however, the overall expense structure suggests a need for clarity on how compensation aligns with organizational performance and mission. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the recurring pattern of expenses exceeding revenue in several years (e.g., 2023, 2022, 2019), what strategies are in place to ensure long-term financial sustainability and prevent asset depletion?
The organization has managed to maintain positive net assets despite these operational losses, suggesting either significant prior reserves or non-operating income sources not detailed here. A deeper dive into their investment strategies or specific grant funding would be necessary to understand how they offset these deficits.
The 'c0%' value appears consistently across all years in the financial data. What does this specific metric represent, and how does it impact the overall financial health assessment of the organization?
The 'c0%' is ambiguous without further context. If it refers to cash reserves, a consistent zero balance would be a significant red flag for liquidity. If it's a placeholder or refers to a specific type of contribution, its meaning needs clarification to accurately assess financial health.
Filing History
IRS 990 filing history for Partners In Development Incorporated showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Partners In Development Incorporated's revenue has declined by 31.6%, moving from $1.3M to $905K. Total assets increased by 109.6% over the same period, from $175K to $366K. Total functional expenses fell by 38.8%, from $1.4M to $831K. In its most recent filing year (2024), Partners In Development Incorporated reported a surplus of $74K, with revenue exceeding expenses. The organization holds $32K in liabilities against $366K in assets (debt-to-asset ratio: 8.9%), resulting in net assets of $333K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $905K | $831K | $366K | $32K | — | View 990 |
| 2023 | $818K | $852K | $292K | $4K | — | View 990 |
| 2022 | $1.4M | $1.5M | $323K | $704 | — | View 990 |
| 2021 | $1.1M | $1.0M | $443K | $9K | — | — |
| 2020 | $1.3M | $1.2M | $396K | $62K | — | View 990 |
| 2019 | $1.5M | $1.5M | $293K | $64K | — | View 990 |
| 2018 | $1.5M | $1.4M | $264K | $29K | — | View 990 |
| 2017 | $1.4M | $1.4M | $154K | $5K | — | View 990 |
| 2016 | $1.2M | $1.3M | $136K | $8K | — | View 990 |
| 2015 | $1.3M | $1.3M | $212K | $15K | — | View 990 |
| 2014 | $1.3M | $1.3M | $261K | $8K | — | View 990 |
| 2013 | $1.3M | $1.3M | $261K | $8K | — | View 990 |
| 2012 | $992K | $937K | $261K | $23K | — | View 990 |
| 2011 | $1.3M | $1.4M | $175K | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $905K, expenses of $831K, and assets of $366K (revenue +10.6% year-over-year).
- 2023: Revenue of $818K, expenses of $852K, and assets of $292K (revenue -39.7% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.5M, and assets of $323K (revenue +22.2% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.0M, and assets of $443K (revenue -17.4% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.2M, and assets of $396K (revenue -9.0% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.5M, and assets of $293K (revenue +1.6% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.4M, and assets of $264K (revenue +3.2% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.4M, and assets of $154K (revenue +12.8% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.3M, and assets of $136K (revenue -3.5% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.3M, and assets of $212K (revenue +0.3% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.3M, and assets of $261K (revenue +0.0% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.3M, and assets of $261K (revenue +29.9% year-over-year).
- 2012: Revenue of $992K, expenses of $937K, and assets of $261K (revenue -25.0% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.4M, and assets of $175K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Partners In Development Incorporated:
Data Sources and Methodology
This transparency report for Partners In Development Incorporated is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.