Working Partnerships Incorporated
Working Partnerships Incorporated shows fluctuating revenue and expenses, with zero reported officer compensation.
EIN: 203244371 · Minneapolis, MN · NTEE: J99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $951K |
| Total Expenses | $1.1M |
| Program Spending | 80% |
| Net Assets | $692K |
| Transparency Score | 75/100 |
Is Working Partnerships Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Working Partnerships Incorporated directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Working Partnerships Incorporated
Working Partnerships Incorporated (EIN: 203244371) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code J99. The organization reported total revenue of $951K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Working Partnerships Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Working Partnerships Incorporated is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-100,473 |
| Total Assets | $693K |
| Total Liabilities | $627 |
| Net Assets | $692K |
| Operating Margin | -9.9% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 7.5 months |
Financial Health Grade: B
In 2023, Working Partnerships Incorporated reported a deficit of $100K with expenses exceeding revenue, holds 7.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Working Partnerships Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 13.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -53.8% | -43.2% | -12.8% |
| 2022 | +168.0% | +163.4% | +41.0% |
| 2021 | -18.6% | +16.1% | +9.2% |
| 2020 | +323.7% | +283.8% | +314.4% |
| 2019 | +16.1% | -20.5% | +132.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Working Partnerships 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: 80%
- fundraising: 5%
According to IRS 990 filings, Working Partnerships Incorporated allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $100K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Working Partnerships Incorporated consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to officers, which is highly favorable for minimizing administrative costs.
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 Working Partnerships Incorporated's IRS 990 filings:
- Expenses exceeded revenue in 2023 ($1,112,490 vs $1,012,017), indicating an operating deficit.
- Significant year-over-year revenue fluctuations (e.g., $2.19M in 2022 down to $1.01M in 2023) suggest potential funding instability.
Strengths
The following positive indicators were identified for Working Partnerships Incorporated:
- Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds for executive costs.
- Long history of IRS 990 filings (13 filings), demonstrating strong transparency.
- Assets ($693,040 in 2023) significantly exceed liabilities ($627 in 2023), indicating a healthy balance sheet.
Frequently Asked Questions about Working Partnerships Incorporated
Is Working Partnerships Incorporated a legitimate charity?
Working Partnerships Incorporated (EIN: 203244371) is a registered tax-exempt nonprofit based in Minnesota. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $951K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Working Partnerships Incorporated spend its money?
Working Partnerships Incorporated directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Working Partnerships Incorporated tax-deductible?
Working Partnerships Incorporated is registered as a tax-exempt nonprofit (EIN: 203244371). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Working Partnerships Incorporated's spending goes to programs?
Working Partnerships Incorporated directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Working Partnerships Incorporated compare to similar nonprofits?
With a transparency score of 75/100 (Good), Working Partnerships Incorporated is above average for NTEE category J99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Working Partnerships Incorporated located?
Working Partnerships Incorporated is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 203244371. It is classified under NTEE code J99.
How many years of IRS 990 filings does Working Partnerships Incorporated have?
Working Partnerships Incorporated has 13 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 $951K in total revenue.
Is Working Partnerships Incorporated financially stable?
The organization's financial stability shows fluctuations. In 2023, expenses ($1,112,490) exceeded revenue ($1,012,017), resulting in a deficit. While assets ($693,040) generally exceed liabilities ($627), the recent trend of operating at a deficit in some years (e.g., 2023, 2018, 2017) suggests potential challenges in consistent financial stability.
How does Working Partnerships Incorporated manage executive compensation?
Working Partnerships Incorporated reports 0% officer compensation in all available IRS 990 filings, indicating a strong commitment to directing funds away from executive salaries and towards its mission.
What is the trend in Working Partnerships Incorporated's revenue?
The organization's revenue has shown significant volatility. After a peak of $2,191,169 in 2022, revenue decreased to $1,012,017 in 2023. Prior to 2022, revenue generally ranged between $200,000 and $1,000,000, suggesting a reliance on variable funding sources.
Filing History
IRS 990 filing history for Working Partnerships Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Working Partnerships Incorporated's revenue has grown by 372.1%, moving from $214K to $1.0M. Total assets increased by 569.4% over the same period, from $104K to $693K. Total functional expenses rose by 495.9%, from $187K to $1.1M. In its most recent filing year (2023), Working Partnerships Incorporated reported a deficit of $100K, with expenses exceeding revenue. The organization holds $627 in liabilities against $693K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $692K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $1.1M | $693K | $627 | — | — |
| 2022 | $2.2M | $2.0M | $794K | $2K | — | View 990 |
| 2021 | $818K | $744K | $563K | $1K | — | View 990 |
| 2020 | $1.0M | $641K | $516K | $27K | — | View 990 |
| 2019 | $237K | $167K | $125K | $5K | — | View 990 |
| 2018 | $204K | $210K | $53K | $5K | — | View 990 |
| 2017 | $245K | $298K | $59K | $4K | — | View 990 |
| 2016 | $211K | $211K | $112K | $5K | — | View 990 |
| 2015 | $209K | $204K | $113K | $6K | — | View 990 |
| 2014 | $219K | $269K | $105K | $5K | — | View 990 |
| 2013 | $276K | $288K | $154K | $4K | — | View 990 |
| 2012 | $253K | $191K | $164K | $3K | — | View 990 |
| 2011 | $214K | $187K | $104K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $1.1M, and assets of $693K (revenue -53.8% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.0M, and assets of $794K (revenue +168.0% year-over-year).
- 2021: Revenue of $818K, expenses of $744K, and assets of $563K (revenue -18.6% year-over-year).
- 2020: Revenue of $1.0M, expenses of $641K, and assets of $516K (revenue +323.7% year-over-year).
- 2019: Revenue of $237K, expenses of $167K, and assets of $125K (revenue +16.1% year-over-year).
- 2018: Revenue of $204K, expenses of $210K, and assets of $53K (revenue -16.6% year-over-year).
- 2017: Revenue of $245K, expenses of $298K, and assets of $59K (revenue +16.1% year-over-year).
- 2016: Revenue of $211K, expenses of $211K, and assets of $112K (revenue +0.8% year-over-year).
- 2015: Revenue of $209K, expenses of $204K, and assets of $113K (revenue -4.6% year-over-year).
- 2014: Revenue of $219K, expenses of $269K, and assets of $105K (revenue -20.6% year-over-year).
- 2013: Revenue of $276K, expenses of $288K, and assets of $154K (revenue +9.3% year-over-year).
- 2012: Revenue of $253K, expenses of $191K, and assets of $164K (revenue +18.0% year-over-year).
- 2011: Revenue of $214K, expenses of $187K, and assets of $104K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Working Partnerships Incorporated:
Data Sources and Methodology
This transparency report for Working Partnerships 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.