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Partners Achieving Community Transformation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 464290005 ✦ Columbus, OH ✦ Designated as a 501(c)(3)

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Overview

What is Partners Achieving Community Transformation Inc?

Partners Achieving Community Transformation Inc, based in Columbus, Ohio, is a dedicated nonprofit organization with a focus on enhancing the near eastside of the city. Their primary goals involve creating jobs and stimulating economic growth, ensuring secure and lively neighborhoods, promoting health and wellness, fostering education, and facilitating improved housing options. With a team of five dedicated individuals, they strive to positively impact their community through these five core areas.


Official website here: www.eastpact.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Stars)

Partners Achieving Community Transformation Inc has received a Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization scored particularly well in several areas, including having a fully independent board and robust financial oversight. With a program expense ratio of nearly 89%, the charity demonstrates a significant investment in its mission, indicating effective use of donations towards programmatic outcomes.

However, the organization has noted a limitation in its governance policies, specifically the absence of a conflict of interest policy, which may raise concerns about transparency. Despite this, the overall financial health appears solid, with a low liabilities-to-assets ratio, suggesting stability and effective management of resources. The strong independent board and absence of material diversion of assets further enhance the charity's credibility.

Overall, Partners Achieving Community Transformation Inc stands out for its financial accountability and governance practices, though it would benefit from addressing the noted governance gap to strengthen its operational transparency.


This AI summary has been generated from information found on Charity Navigator.

Is Partners Achieving Community Transformation Inc legitimate?

Partners Achieving Community Transformation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Partners Achieving Community Transformation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $213,634
Professional Fundraising Fees: $0
Other Salaries and Wages: $98,589

For more financial information, click here


Official website here: www.eastpact.org

What is the mission statement of Partners Achieving Community Transformation Inc?

Partners Achieving Community Transformation Inc aims to enhance various aspects of a community, specifically focusing on five key areas: jobs and economic growth, safe and vibrant neighborhoods, health and wellness, education, and affordable housing. The organization's mission is to positively impact these areas, contributing to a better quality of life for the community members. By focusing on these core areas, Partners Achieving Community Transformation Inc strives to create a more prosperous and thriving community.


Official website here: www.eastpact.org

Who is the CEO of Partners Achieving Community Transformation Inc?

Shayla Favor is the President of Partners Achieving Community Transformation Inc.


Official website here: www.eastpact.org

What is the revenue of Partners Achieving Community Transformation Inc?

Partners Achieving Community Transformation Inc's revenue in 2022 was $2,074,994.


Official website here: www.eastpact.org

Who are the executives of Partners Achieving Community Transformation Inc and what are their salaries?

The average compensation at Partners Achieving Community Transformation Inc during 2022 was $62,445. There are 5 employees and 15 volunteers at Partners Achieving Community Transformation Inc.


Here are 10 key members and their salaries:


Shayla Favor (President)
  • Compensation: $83,848
  • Related: $0
  • Other: $0
Lela Boykin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathen Moody (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jordan Miller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Hoffsis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Seely (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Price (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trudy Bartley (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Robertson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Hansen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.eastpact.org

Where can I find the form 990 for Partners Achieving Community Transformation Inc?

Partners Achieving Community Transformation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.eastpact.org

Learn more at the official website: www.eastpact.org

Mission Statement of Partners Achieving Community Transformation Inc

Partners Achieving Community Transformation, as an organization, strives to enhance the well-being of its community by focusing on five primary areas: jobs and economic impact, safe and vibrant neighborhoods, health and wellness, education, and housing. By addressing these core needs, the nonprofit aims to positively transform the near eastside of Columbus, Ohio, improving the quality of life for its residents.

In the realm of jobs and economic impact, Partners Achieving Community Transformation seeks to stimulate local growth and create opportunities for employment. This entails encouraging businesses to invest in the area and working towards the development of a robust and sustainable economy.

Furthermore, the organization is committed to fostering safe, lively, and easily accessible neighborhoods. By focusing on community safety and enhancing local amenities, Partners Achieving Community Transformation aims to create a welcoming environment where residents can thrive.

Health and wellness are also key priorities for this nonprofit. By implementing initiatives that promote physical and mental health, Partners Achieving Community Transformation strives to improve the overall well-being of its community members.

Education is another crucial area of focus for the organization. By supporting schools and educational programs, Partners Achieving Community Transformation aims to empower future generations and ensure that they have access to quality education.

Lastly, the nonprofit is dedicated to addressing housing needs in the community. By working towards the creation of affordable housing options and improving existing homes, Partners Achieving Community Transformation aims to provide a stable foundation for its residents.

In summary, Partners Achieving Community Transformation is a nonprofit that aims to enhance the near eastside of Columbus, Ohio, by focusing on jobs and economic impact, safe and vibrant neighborhoods, health and wellness, education, and housing. By addressing these core needs, the organization seeks to improve the quality of life for its community members and create a more prosperous and inclusive community.

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Impact




July, 2024

Partners Achieving Community Transformation Inc's impact can be seen in the positive transformations it brings to the near east side of Columbus, Ohio. Through its focus on jobs and economic impact, safe and vibrant accessible neighborhoods, health and wellness, education, and housing, the organization plays a crucial role in enhancing the quality of life for residents in these areas. By addressing these core areas, Partners Achieving Community Transformation helps to build a stronger, more resilient community that thrives on opportunities for growth and development.




This information is meant to be a general summary of Partners Achieving Community Transformation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,074,994 (2022)
Expenses
$1,417,808 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $2,074,994

Assets and Liabilities:

  • Total Assets: $4,843,364
  • Total Liabilities: $113,658
  • Net Assets: $4,729,706

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Organization Details

Founding Year

2013

Principal Officer

Shayla Favor

Main Address

211 Taylor Avenue, Columbus, OH, 43203

NTEE Category

Code: S31 - Community improvement

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