Partnership for Global Security EIN 52-2196300 Form 990 (PDF) Claim this org

Partnership for Global Security FY2022 filing

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Partnership for Global Security is an international affairs nonprofit based in Philadelphia, PA. For fiscal year 2022 it reported $759K in revenue, $741K in expenses, and $202K in net assets.Pt I

Type
Public charity (501(c)(3)) · International
Location
Philadelphia, PA
Website
www.partnershipforglobalsecurity.org
Filings
6 on file (2020–2022)
Revenue
$759KFY2022
Expenses
$741K
Net assets
$202K
People
5
Filings
6
Updates
0
More identity details & actions ⌄
EIN  52-2196300 Public charity (501(c)(3)) Philadelphia, PA
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
an international affairs nonprofit
Leadership
Kenneth N Luongo · President · $263K
Money in and out
$759K revenue, $741K expenses
Bottom line
90% program efficiency
Where the money goes · FY2022
Total revenue
$759K
Pt VIII · Ln 12
Total expenses
$741K
Pt IX · Ln 25
Net assets
$202K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $18K
Where spending went · Part IX cols B–D
Program services $0.90 Management & general $0.10
Program efficiency
90%
of spending reaches programs
Operating runway
5.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+2%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$759K
FY2022▲ +533%
Expenses
$741K
FY2022▲ +39%
Total assets
$363K
FY2022▲ +26%
Total liabilities
$161K
FY2022▲ +97%
Total revenue
$759K
Pt VIII · Ln 12
Total expenses
$741K
Pt IX · Ln 25
Net assets
$202K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$18K
Total assetsPt X · Ln 16$363K
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $666K of program spending, described in the organization's own filed words · FY2021.
01

The partnership for global security (PGS) is the original pioneer and thought leader on the nexus of climate change, nuclear power, and global security. PGS has developed several dimensions of its activities.

$666Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPartnership for Global Security
EINHdr · item D52-2196300
Principal addressHdr · item CPhiladelphia, PA
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q41)
Ruling yearIRS BMFDec 1999

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$263,180Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Kenneth N Luongo’s $292K as President is at the 100th percentile of top reported officer pay among 1637 $100K–1M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Kenneth N Luongo$292,344$292,344$292,344$263,180$242,348$242,348

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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Statement of Revenue

Part VIII
Contributions & grants$403K · 53%
Program service revenue$321K · 42%
Investment income$35K · 5%
Contributions & grants53%$403K
Program service revenue42%$321K
Investment income5%$35K
Total revenueLn 12$759K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.10
Program services90%$666K
Management & general10%$75K
Total functional expensesLn 25$741K

Balance Sheet

Part X · end of year
CashLn 1$155K
Total assetsLn 16$363K
Total liabilitiesLn 26$161K
Total net assetsLn 32$202K
Months of cash on handcomputed2.5

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $356K · Operating expenses/yr $741K
5.8 months
Where the money goes
Program services
Program services $666K · Total expenses $741K
90%
Management & General
Management & general $75K · Total expenses $741K
10%
Fundraising
Fundraising $0 · Total expenses $741K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $7K · Solicited contributions (3-yr avg) $290K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $403K · Total revenue $759K
53%
Government reliance
Government grants — · Total revenue $759K
Earned-income share
Program service revenue $321K · Total revenue $759K
42%
Investment reliance
Investment income $35K · Total revenue $759K
+5%
Program self-sufficiency
Program service revenue $321K · Total expenses $741K
43%
Growth & trend
Revenue growth (YoY)
This year $759K · Prior year $120K
+533%
Net-asset trend (YoY)
End of year $202K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $759K · Expenses $741K
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $363K
Net-asset ratio
Net assets $202K · Total assets $363K
56%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $200K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $363K
55%
People & payroll
Highest Reported Total Compensation
Individual Kenneth N Luongo · Reported title PRESIDENT · Highest reported compensation $263K · Total expenses $741K
36%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $429K · Total expenses $741K
58%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 90%
Overhead ratio 10%
Fundraising cost ratio 0%
Revenue growth 533%
Investment management fee ratio 1%
Legal fee ratio 9%
Accounting fee ratio 7%

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 · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$400K

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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)$461K revenue · ⤓ 990 PDF
FY2024$453K revenue · ⤓ 990 PDF
FY2023$1.3M revenue · ⤓ 990 PDF
FY2022$759K revenue · viewing · ⤓ 990 PDF
FY2021$120K revenue · ⤓ 990 PDF
FY2020$500K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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