Overview
What is Partners A Non-Profit Corporation?
Partners A Non-Profit Corporation is a dedicated nonprofit organization situated in Nashville, Tennessee. Their primary mission is to support local charities in Davidson County and the Middle Tennessee area. They raise funds through investments and events, and then donate these funds to various 501C-3 organizations to aid in their activities and enhance their capabilities. Particularly focused on small, often overlooked charities, Partners strives to provide them with the extra support they need to thrive.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Two-Star out of Four Star rating, Overall Score: 73%
Partners A Non-Profit Corporation has received a two-star rating from Charity Navigator, indicating that there are areas needing improvement. While the organization excels in aspects such as having a fully independent board and an impressive program expense ratio of 97.39%, it falls short in terms of transparency and governance policies, as evidenced by missing key documents like the tax form and conflict of interest policy.
Strengths of the nonprofit include a very low liabilities to assets ratio of just 1.09% and full points for documenting board meeting minutes, highlighting effective financial management and accountability measures. The organization's commitment to directing a significant portion of its resources towards its programs reflects a strong focus on mission-driven work, which is a positive aspect of its operations.
However, the lack of essential policies such as a whistleblower policy and a conflict of interest policy raises concerns about governance practices. These gaps can affect the organization's overall accountability and transparency, which are critical for building trust with stakeholders and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Partners A Non-Profit Corporation legitimate?
Partners A Non-Profit Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Partners A Non-Profit Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Partners A Non-Profit Corporation?
Partners A Non-Profit Corporation is a nonprofit organization dedicated to supporting local charities in the Davidson County and Middle Tennessee area. They raise funds through investments and events, and all proceeds are donated to other 501C-3 organizations to aid in their activities and initiatives. Partners is committed to identifying and assisting small charities that may otherwise go unnoticed and require additional support. Their mission is to contribute to the betterment of these charities and the communities they serve.
What is the revenue of Partners A Non-Profit Corporation?
Partners A Non-Profit Corporation's revenue in 2023 was $78,855.
Who are the executives of Partners A Non-Profit Corporation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Partners A Non-Profit Corporation?
Partners A Non-Profit Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Partners A Non-Profit Corporation
Partners A Non-Profit Corporation is a dedicated organization that operates as a nonprofit corporation. Their primary mission is to support charities in the Davidson County and Middle Tennessee area. They achieve this by utilizing the funds raised through their investments and various fundraisers. Instead of keeping these funds for themselves, Partners donates this money to other 501C-3 organizations to help them in their activities and further their causes. Partners is particularly focused on identifying local small charities that may be overlooked due to a lack of resources or visibility. By supporting these charities, Partners A Non-Profit Corporation plays a vital role in strengthening the community and ensuring that no worthy cause goes unassisted.
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Impact
August, 2024
Partners A Non-Profit Corporation plays a crucial role in supporting charities in Davidson County and the Middle Tennessee area. By donating all proceeds from investments and fundraisers to other 501(c)(3) organizations, Partners ensures that small local charities receive the necessary support they might otherwise miss out on. This impactful initiative helps strengthen the community by addressing various needs, particularly in areas like housing.
This information is meant to be a general summary of Partners A Non-Profit Corporation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $18,934
- Gross Receipts: $117,189
Assets and Liabilities:
- Total Assets: $390,294
- Total Liabilities: $4,647
- Net Assets: $385,647
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Organization Details
Principal Officer
Bill Lafollette
NTEE Category
Code: L20 - Housing
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