Civic Intelligence

The Partnership Foundation Inc

990 • Fiscal year 2014 • EIN 20-5162135

Oct 01, 2013 to Sep 30, 2014 • Filed on Aug 15, 2015

One Convention Center Plaza39401

(601) 296-7500

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

34th percentile

0.01x

Higher debt load relative to assets than 34% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

92nd percentile

1.60x

Higher debt load relative to revenue than 92% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

1st percentile

-14567%

Higher net margin than 1% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

3rd percentile

-42%

Faster asset growth than 3% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$608,043

Down $434,436 (-42%) from 2013

Net Assets

Down

$603,791

Down $387,783 (-39%) from 2013

Liabilities

Down

$4,252

Down $46,653 (-92%) from 2013

Revenue

$2,662

No earlier filing loaded for comparison.

Expenses

Up

$390,445

Up $87,864 (+29%) from 2013

Net Income

-$387,783

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $1,724,750Liabilities 2011: $179,183Net Assets 2011: $1,545,5672011Assets 2012: $1,396,471Liabilities 2012: $155,625Net Assets 2012: $1,240,8462012Assets 2013: $1,042,479Liabilities 2013: $50,905Net Assets 2013: $991,5742013Assets 2014: $608,043Liabilities 2014: $4,252Net Assets 2014: $603,7912014Assets 2015: $2,932,664Liabilities 2015: $112,431Net Assets 2015: $2,820,2332015Assets 2016: $2,407,166Liabilities 2016: $0Net Assets 2016: $2,407,1662016Assets 2017: $1,968,408Liabilities 2017: $1,472Net Assets 2017: $1,966,9362017Assets 2018: $1,418,660Liabilities 2018: $2Net Assets 2018: $1,418,6582018Assets 2019: $909,410Liabilities 2019: $31Net Assets 2019: $909,3792019Assets 2020: $1,609,923Liabilities 2020: $3,806Net Assets 2020: $1,606,1172020Assets 2021: $3,468,355Liabilities 2021: $0Net Assets 2021: $3,468,3552021Assets 2022: $2,774,690Liabilities 2022: $517Net Assets 2022: $2,774,1732022Assets 2023: $2,082,899Liabilities 2023: $744Net Assets 2023: $2,082,1552023Assets 2024: $1,360,717Liabilities 2024: $17Net Assets 2024: $1,360,7002024Assets 2025: $5,038,434Liabilities 2025: $624Net Assets 2025: $5,037,8102025

Highlighted filing

2014

Assets$608,043
Liabilities$4,252
Net Assets$603,791

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $775,3782011Expenses 2012: $429,9282012Expenses 2013: $302,5812013Revenue 2014: $2,662Expenses 2014: $390,445Net Income 2014: -$387,7832014Revenue 2015: $3,087,744Expenses 2015: $871,302Net Income 2015: $2,216,4422015Revenue 2016: $35,187Expenses 2016: $448,254Net Income 2016: -$413,0672016Revenue 2017: $79,776Expenses 2017: $520,008Net Income 2017: -$440,2322017Revenue 2018: $25,319Expenses 2018: $560,601Net Income 2018: -$535,2822018Revenue 2019: $62,669Expenses 2019: $562,046Net Income 2019: -$499,3772019Revenue 2020: $1,263,541Expenses 2020: $526,846Net Income 2020: $736,6952020Revenue 2021: $2,609,049Expenses 2021: $690,522Net Income 2021: $1,918,5272021Revenue 2022: $51,785Expenses 2022: $762,834Net Income 2022: -$711,0492022Revenue 2023: $54,796Expenses 2023: $766,601Net Income 2023: -$711,8052023Revenue 2024: $55,821Expenses 2024: $776,276Net Income 2024: -$720,4552024Revenue 2025: $4,714,428Expenses 2025: $892,583Net Income 2025: $3,821,8452025

Highlighted filing

2014

Revenue$2,662
Expenses$390,445
Net Income-$387,783
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Aug 15, 2015
Return Version
2013v4.0
Gross Receipts
$2,662
Mission and Program Overview

Mission

To promote and support economic wellness and quality of life for greater hattiesburg area

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$1,017,909$522,363▼ $495,546
Cash and Non-Interest-Bearing Accounts$22,570$79,768▲ $57,198
Accounts Receivable$2,000$5,912▲ $3,912
Total Assets$1,042,479$608,043▼ $434,436
Liabilities
Unsecured Notes Loans Payable$50,905$4,252▼ $46,653
Total Liabilities$50,905$4,252▼ $46,653
Net Assets / Fund Balance
Unrestricted Net Assets$991,574$603,791▼ $387,783
Total Net Assets Fund Balance$991,574$603,791▼ $387,783
Total Liabilities and Net Assets / Fund Balance$1,042,479$608,043▼ $434,436
Compensation and Service Providers

Board Members and Trustees

NameTitle
Glenn GaleyChair
William K RayPast-chair
Greg GarrawayVice Chair
Andy MercierDirector
Frank McwhorterDirector
Gary CharmichaelDirector
Jim ComptonDirector
Chad NewellSecretary
Lou Ann PoynterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,490
Program Service Revenue
$0
Investment Income
$172
Other Revenue
$0
All Other Contributions
$2,490
Change in Net Assets
$-387,783

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,662
Total Revenue per Audited Statements
$2,662
Total Revenue per Form 990
$2,662
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$390,445
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$354,780--$354,780
Fees for Services Management-$27,135-$27,135
Fees for Services Accounting$6,700--$6,700
Interest$1,333--$1,333
Other Expenses$497--$497
Total Functional Expenses$363,310$27,135$0$390,445

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$390,445
Total Expenses per Audited Statements$390,445
Total Expenses per Form 990$390,445
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 9

Gary charmichael 5910 us hwy 49, ste 5 hattiesburg, ms 39401 william k ray po box 17797 hattiesburg, ms 39404 glenn galey po box 791 hattiesburg, ms 39403-0791 greg garraway 202 s 40th ave hattiesburg, ms 39402 jim compton po box 15849 hattiesburg, ms 39404 lou ann poynter 1010 south 34th avenue hattiesburg, ms 39402 frank mcwhorter po box 15099 hattiesburg, ms 39401 andy mercier p o box 1351 hattiesburg, ms 39403-1351

Form 990, Page 6, Part VI, Line 11B

Reviewed by board of directors

Form 990, Page 6, Part VI, Line 19

Held on file in foundation offices.

Filing and Contact Details

Filer

EIN
20-5162135
Phone
6012967500

Signing Officer

Name
Chad Newell
Title
President
Phone
6012967500
Signed
2015-08-15

Organization Details

Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Preparer
Willoughby C Wright
Phone
6012683135
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

To promote economic wellness and qualtity of life for the greater hattiesburg area

Form 990, Part IX, Line 11G

Alliances and partnerships 354,780 0 0

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GARY CHARMICHAEL 5910 US HWY 49, STE 5 HATTIESBURG, MS 39401 WILLIAM K RAY PO BOX 17797 HATTIESBURG, MS 39404 GLENN GALEY PO BOX 791 HATTIESBURG, MS 39403-0791 GREG GARRAWAY 202 S 40TH AVE HATTIESBURG, MS 39402 JIM COMPTON PO BOX 15849 HATTIESBURG, MS 39404 LOU ANN POYNTER 1010 SOUTH 34TH AVENUE HATTIESBURG, MS 39402 FRANK MCWHORTER PO BOX 15099 HATTIESBURG, MS 39401 ANDY MERCIER P O BOX 1351 HATTIESBURG, MS 39403-1351
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEWED BY BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3HELD ON FILE IN FOUNDATION OFFICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALLIANCES AND PARTNERSHIPS 354,780 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 9
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IRS990/TotalProgramServiceExpensesAmt0363310
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0172
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02662
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01042479
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0608043
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0991574
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0603791
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt050905
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt04252
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CHAD NEWELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06012967500
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-08-15
ReturnHeader/Filer/BusinessName/BusinessNameLine10THE PARTNERSHIP FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0PART
ReturnHeader/Filer/EIN0205162135
ReturnHeader/Filer/PhoneNum06012967500
ReturnHeader/Filer/USAddress/AddressLine10ONE CONVENTION CENTER PLAZA
ReturnHeader/Filer/USAddress/City0HATTIESBURG
ReturnHeader/Filer/USAddress/State0MS
ReturnHeader/Filer/USAddress/ZIPCode039401
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200531036
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10WRIGHT CPA GROUP PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1010 PLAZA DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0HATTIESBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode039402
ReturnHeader/PreparerPersonGrp/PhoneNum06012683135
ReturnHeader/PreparerPersonGrp/PreparationDt02015-08-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLOUGHBY C WRIGHT
ReturnHeader/ReturnTs02015-08-10T14:04:49-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-10-01
ReturnHeader/TaxPeriodEndDt02014-09-30
ReturnHeader/TaxYr02013

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.04$0.00$5.04$4.71$0.89$3.82
2024Detailed filing. Detailed filing data is available for this year.$1.36$0.00$1.36$0.06$0.78$0.72
2023Detailed filing. Detailed filing data is available for this year.$2.08$0.00$2.08$0.05$0.77$0.71
2022Detailed filing. Detailed filing data is available for this year.$2.77$0.00$2.77$0.05$0.76$0.71
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.47$0.00$3.47$2.61$0.69$1.92
2020Detailed filing. Detailed filing data is available for this year.$1.61$0.00$1.61$1.26$0.53$0.74
2019Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$0.06$0.56$0.50
2018Detailed filing. Detailed filing data is available for this year.$1.42$0.00$1.42$0.03$0.56$0.54
2017Detailed filing. Detailed filing data is available for this year.$1.97$0.00$1.97$0.08$0.52$0.44
2016Detailed filing. Detailed filing data is available for this year.$2.41$0.00$2.41$0.04$0.45$0.41
2015Detailed filing. Detailed filing data is available for this year.$2.93$0.11$2.82$3.09$0.87$2.22
2014Detailed filing. Detailed filing data is available for this year.$0.61$0.00$0.60$0.00$0.39$0.39
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.05$0.99$0.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.16$1.24$0.43
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.72$0.18$1.55$0.78