Partners In Development Ltd
EIN: 522187571 · Hampton, VA · NTEE: Q300
Is Partners In Development Ltd Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Partners In Development Ltd
Partners In Development Ltd (EIN: 522187571) is a nonprofit organization based in Hampton, VA, classified under NTEE code Q300. The organization reported total revenue of $200K and total assets of $53K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Partners In Development Ltd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Partners In Development Ltd is a small nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $206K |
| Total Expenses | $208K |
| Surplus / Deficit | $-1,510 |
| Total Assets | $59K |
| Net Assets | $59K |
| Operating Margin | -0.7% |
| Months of Reserves | 3.4 months |
Financial Health Grade: B
In 2023, Partners In Development Ltd reported a deficit of $2K with expenses exceeding revenue, holds 3.4 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Partners In Development Ltd's revenue has grown at a compound annual growth rate (CAGR) of 9.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.5% | -28.8% | -2.5% |
| 2022 | -36.5% | +64.7% | -65.9% |
| 2021 | +74.5% | +15.1% | +119.1% |
| 2020 | +50.2% | +51.2% | +4.1% |
| 2019 | +21.0% | -7.6% | +3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Partners In Development Ltd has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Partners In Development Ltd with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
Frequently Asked Questions about Partners In Development Ltd
Is Partners In Development Ltd a legitimate charity?
Based on AI analysis of IRS 990 filings, Partners In Development Ltd (EIN: 522187571) insufficient data. 0 red flags identified, 0 strengths noted.
How does Partners In Development Ltd spend its money?
Detailed spending breakdown data is not yet available for Partners In Development Ltd. Check back for updated IRS 990 analysis.
Are donations to Partners In Development Ltd tax-deductible?
Partners In Development Ltd is registered as a tax-exempt nonprofit (EIN: 522187571). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Partners In Development Ltd showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Partners In Development Ltd's revenue has grown by 208%, moving from $67K to $206K. Total assets decreased by 52.7% over the same period, from $125K to $59K. Total functional expenses rose by 409.1%, from $41K to $208K. In its most recent filing year (2023), Partners In Development Ltd reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $206K | $208K | $59K | $0 | — | — |
| 2022 | $174K | $292K | $61K | $0 | — | View 990 |
| 2021 | $274K | $177K | $178K | $0 | — | View 990 |
| 2020 | $157K | $154K | $81K | $0 | — | — |
| 2019 | $105K | $102K | $78K | $0 | — | View 990 |
| 2018 | $87K | $110K | $75K | $0 | — | View 990 |
| 2017 | $113K | $107K | $99K | $0 | — | View 990 |
| 2016 | $87K | $80K | $93K | $0 | — | View 990 |
| 2015 | $89K | $91K | $85K | $0 | — | View 990 |
| 2014 | $72K | $82K | $87K | $0 | — | View 990 |
| 2013 | $72K | $88K | $97K | $0 | — | View 990 |
| 2012 | $91K | $104K | $112K | $0 | — | View 990 |
| 2011 | $67K | $41K | $125K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $206K, expenses of $208K, and assets of $59K (revenue +18.5% year-over-year).
- 2022: Revenue of $174K, expenses of $292K, and assets of $61K (revenue -36.5% year-over-year).
- 2021: Revenue of $274K, expenses of $177K, and assets of $178K (revenue +74.5% year-over-year).
- 2020: Revenue of $157K, expenses of $154K, and assets of $81K (revenue +50.2% year-over-year).
- 2019: Revenue of $105K, expenses of $102K, and assets of $78K (revenue +21.0% year-over-year).
- 2018: Revenue of $87K, expenses of $110K, and assets of $75K (revenue -23.7% year-over-year).
- 2017: Revenue of $113K, expenses of $107K, and assets of $99K (revenue +30.0% year-over-year).
- 2016: Revenue of $87K, expenses of $80K, and assets of $93K (revenue -2.3% year-over-year).
- 2015: Revenue of $89K, expenses of $91K, and assets of $85K (revenue +23.6% year-over-year).
- 2014: Revenue of $72K, expenses of $82K, and assets of $87K (revenue +0.1% year-over-year).
- 2013: Revenue of $72K, expenses of $88K, and assets of $97K (revenue -20.4% year-over-year).
- 2012: Revenue of $91K, expenses of $104K, and assets of $112K (revenue +35.4% year-over-year).
- 2011: Revenue of $67K, expenses of $41K, and assets of $125K.
Data Sources and Methodology
This transparency report for Partners In Development Ltd 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.