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Public & Societal Benefit (W99) 990 on File

PARTNERS FOR LIFE ADVANCEMENT AND EDUCATION PROMOTION

EIN: 47-4449650 · CHARLOTTE, NC 28247-0053 · United States · FY 2024 Data
3 out of 5 45 / 100 Based on 2+ years of filings
Financial strength (30%) 77/100
Reliability (20%) 45/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$125K
Total Revenue
$119K
Total Expenses
$7K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 88.4%
Fundraising Efficiency N/A
Operating Reserve 0.75x
Liability-to-Asset 0.0%
Revenue Diversification 97.9%
Compared with Peers
FY 2024
Compared with 1,513 similar organizations (United States, Public & Societal Benefit, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
88.4% 85.7%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
0.8 mo 8.5 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 0.6%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
97.9% 97.0%
P10P90
Below median
Revenue growth
Year over year revenue growth
42.9% 9.4%
P10P90
Expense growth
Year over year expense growth
9.7% 11.8%
P10P90
Surplus margin
Surplus as a share of revenue
5.3% 2.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $125K $119K $7K 88.4% —
2023 $88K $108K $720 83.6% —
2022 $103K $85K $21K 86.2% —
2021 $106K $51K N/A — 1
2020 $83K $83K N/A — 1
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Organization Details
EIN
47-4449650
State
NC
City
CHARLOTTE
ZIP
28247-0053
Classification
W99
Category
Public & Societal Benefit
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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