Partnership Scholars Program EIN 03-0433957 Form 990 (PDF) Claim this org

Partnership Scholars Program FY2024 filing

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Guides disadvantaged students through middle and high school for college success. For fiscal year 2024 it reported $71K in revenue, $384K in expenses, and $498K in net assets.Pt I

Type
Unknown exempt organization · Nonprofit
Location
El Segundo, CA
Website
www.partnershipscholarsprogram.org
Filings
6 on file (2020–2024)
Revenue
$71KFY2024
Expenses
$384K
Net assets
$498K
People
7
Filings
6
Updates
0
More identity details & actions ⌄
EIN  03-0433957 Unknown exempt organization El Segundo, CA
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →
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Size
<$100K
What they do
Guides disadvantaged students through middle and high school for college success.
Leadership
Lisa Ruben · Executive Director · $110K
Money in and out
$71K revenue, $384K expenses
Bottom line
-439% surplus margin
Reported financial activity · FY2024
Total revenue
$71K
Pt VIII · Ln 12
Total expenses
$384K
Pt IX · Ln 25
Net assets
$498K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$313K
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.18 Fundraising $0.04
Surplus margin
-439%
revenue over expenses, this year
Program spending
78%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$71K
FY2024▼ -15%
Expenses
$384K
FY2024▼ -9%
Total assets
$524K
FY2024▼ -38%
Total liabilities
$26K
FY2024▼ -33%
Total revenue
$71K
Pt VIII · Ln 12
Total expenses
$384K
Pt IX · Ln 25
Net assets
$498K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$313K
Total assetsPt X · Ln 16$524K
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPartnership Scholars Program
EINHdr · item D03-0433957
Principal addressHdr · item CEl Segundo, CA
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$110,317Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Past Chair
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Lisa Ruben$110,317$110,317$103,832$103,658$103,658$98,674

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $299K of program spending, described in the organization's own filed words · FY2023.
01

Partnership Scholars Program serves students from two different communities in southern California. We offer students the skills, knowledge and support they need to prepare for, enter, and graduate from college. Our services include mentoring; educational and cultural enrichment activities; and college access guidance.

$299Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$54K · 75%
Investment income$15K · 21%
Other revenue$2K · 3%
Contributions & grants75%$54K
Investment income21%$15K
Other revenue3%$2K
Total revenueLn 12$71K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.18 Fundraising $0.04
Program services78%$299K
Management & general18%$70K
Fundraising4%$16K
Total functional expensesLn 25$384K

Balance Sheet

Part X · end of year
CashLn 1$512K
Total assetsLn 16$524K
Total liabilitiesLn 26$26K
Total net assetsLn 32$498K
Months of cash on handcomputed16.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $512K · Operating expenses/yr $384K
16.0 months
Where the money goes
Program services
Program services $299K · Total expenses $384K
78%
Management & General
Management & general $70K · Total expenses $384K
18%
Fundraising
Fundraising $16K · Total expenses $384K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $25K · Solicited contributions (3-yr avg) $95K
$0.26 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $54K · Total revenue $71K
75%
Government reliance
Government grants — · Total revenue $71K
Earned-income share
Program service revenue $0 · Total revenue $71K
0%
Investment reliance
Investment income $15K · Total revenue $71K
+21%
Program self-sufficiency
Program service revenue $0 · Total expenses $384K
0%
Growth & trend
Revenue growth (YoY)
This year $71K · Prior year $84K
-15%
Revenue CAGR
FY2019 $242K · FY2023 $71K
-26%
Net-asset trend (YoY)
End of year $498K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $71K · Expenses $384K
-439%
Liabilities-to-Assets
Total liabilities — · Total assets $524K
Net-asset ratio
Net assets $498K · Total assets $524K
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $524K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Lisa Ruben · Reported title Executive Director · Highest reported compensation $110K · Total expenses $384K
29%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $198K · Total expenses $384K
51%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 78%
Overhead ratio 18%
Fundraising cost ratio 29%
Revenue growth -15%
Accounting fee ratio 10%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$15K
Grants paid · 1 grant · $22K · 2024–2024
Unitemized GrantFY2024$22,456

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$20K revenue · ⤓ 990 PDF
FY2024$71K revenue · viewing · ⤓ 990 PDF
FY2023$84K revenue · ⤓ 990 PDF
FY2022$155K revenue · ⤓ 990 PDF
FY2021$417K revenue · ⤓ 990 PDF
FY2020$242K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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