Partnership for the Future does not meet the following 5 Standards for Charity Accountability:
Standard 6 (Board Policy on Effectiveness)
Have a board policy of assessing, no less than every two years, the organization's performance and effectiveness and of determining future actions required to achieve its mission.
PFF does not meet this Standard because:
- The board of directors does not have a written policy stating that, at least every two years, an appraisal be done assessing the organization’s performance and effectiveness and determining future actions required to achieve its mission.
Standard 7 (Board Approval of Written Report on Effectiveness)
Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions.
PFF does not meet this Standard because:
- The organization did not produce a written report outlining the results of its January 2020 effectiveness assessment.
Standard 16 (Annual Report)
Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.
PFF does not meet this Standard because:
- The organization states it does not have an annual report covering activities conducted in 2019.
Standard 17 (Web Site Disclosures)
Include on any charity websites that solicit contributions, the same information that is recommended for annual reports, as well as the mailing address of the charity and electronic access to its most recent IRS Form 990.
PFF does not meet this Standard because the organization’s website, https://www.partnershipforthefuture.org, does not include all of the recommended information for those charity websites that solicit for donations. Specifically, it does not include:
- Electronic access to the organization’s 2019 IRS Form 990.
- A summary of the organization's 2019 program service accomplishments.
- The organization's 2019 financial information.
Standard 18 (Privacy for Written Appeals & Internet Privacy)
Address privacy concerns of donors by (a) providing in written appeals, at least annually, a means (e.g., such as a check off box) for both new and continuing donors to inform the charity if they do not want their name and address shared outside the organization, (b) providing a clear, prominent and easily accessible privacy policy on any of its websites that tells visitors (i) what information, if any, is being collected about them by the charity and how this information will be used, (ii) how to contact the charity to review personal information collected and request corrections, (iii) how to inform the charity (e.g., a check off box) that the visitor does not wish his/her personal information to be shared outside the organization, and (iv) what security measures the charity has in place to protect personal information.
PFF does not meet this Standard because the privacy policy on the organization's website, https://www.partnershipforthefuture.org, does not indicate:
- What security measures are in place to protect personal information that is collected.
Partnership for the Future meets the remaining 15 Standards for Charity Accountability.
Partnership for the Future (PFF) reports that it is a year-round program that works to help low to moderate-income high school youth bridge academic, financial, and cultural gaps to select colleges and careers. During the school year, the organization states that it mentors each student, monitors their grades (maintaining a 3.0 grade point average to stay in the program), offers volunteer services and other extra-curricular activities that will position students for college. PFF reports that its internship program allows students to intern for seven weeks at more than 70 sponsoring companies during the summer. Students also attend Cultural Capital Sessions three times during the school year to help fill in their experiential gaps. In 2018, the organization states that it enrolled 185 local high school students in its PFF programming and served 115 students in its college success programming.
For the year ended December 31, 2019, Partnership for the Future's program expenses were:
Program services |
$853,496 |
Total Program Expenses: |
$853,496 |
-
Chief Executive
Dionne Henderson, President and Chief Executive Officer
-
Compensation*
$0
-
Chair of the Board
Austin Welder
-
Chair's Profession / Business Affiliation
Senior Vice President, Bank of America
-
Board Size
12
-
Paid Staff Size
7
*2020 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Note: Dionne Henderson assumed the role of President and Chief Executive Officer in 2020. Her compensation is not available. In 2019, Charleita M. Richardson served as PFF's President and Chief Executive Officer, receiving $125,460 in compensation.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Planned giving arrangements, Print advertisements (newspapers, magazines, etc.)
Fundraising costs were 15% of related contributions. (Related contributions, which totaled $1,325,079 are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Partnership for the Future's audited financial statements for the year ended December 31, 2019.
Source of Funds |
Contributions and grants |
$1,166,711 |
In-kind contributions |
$158,368 |
Interest income and other revenues |
$26,338 |
Total Income |
$1,351,417 |
- Programs: 73%
- Fundraising: 17%
- Administrative: 10%
Total Income |
$1,351,417 |
Program expenses |
$853,496 |
Fundraising expenses |
$199,237 |
Administrative expenses |
$123,027 |
Other expenses |
$0 |
Total expenses: |
$1,175,760 |
Income in Excess of Expenses |
$175,657 |
Beginning Net Assets |
$1,608,508 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$1,784,165 |
Total Liabilities |
$27,305 |
Total Assets |
$1,811,470 |
Note: According to PFF's 2019 audited financial statements, the organization received $158,368 in contributed goods and services including rent ($69,947), information technology services ($43,344), transportation services ($37,077), and other ($8,000).