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Partnership Inc

EIN 04-2879910 · Boston, MA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood89 out of 100GovernanceStrong90 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE MISSION OF THE PARTNERSHIP, INC. IS TO ENSURE AND ENHANCE ECONOMIC COMPETITIVENESS BY ATTRACTING, DEVELOPING, RETAINING, AND CONVENING EXECUTIVES AND PROFESSIONALS OF COLOR SO THAT BOTH INDIVIDUALS, AND THE COMPANIES THEY WORK FOR, REACH THEIR FULLEST POTENTIAL. IN DOING SO, THE ORGANIZATION WORKS WITH IN DISMANTLING THE PILLARS OF SYSTEMIC RACISM AND SUPPORT THOSE COMPANIES ALONG THEIR DIVERSITY, INCLUSION, EQUITY, AND BELONGING JOURNEY.

Income
$3.8 million
Spending
$4.2 million
Spent on programs
66%
Reserves
15.7 months of spending
Largest source of income
fees for its services, 96%
Employees
17
Highest pay
$274,829, president &

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 89 out of 100. Higher than 76% of charities in its peer group (arts and culture, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover 15.7 months of spending.

  • Debt

    20 of 20

    It owes 3% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 12% of income.

  • Income trend

    15 of 15

    Income rose 3% on the year before.

  • Spending floor

    15 of 15

    66% of spending went to programs.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 90 out of 100. Higher than 49% of charities in its peer group (arts and culture, $1m to $10m).

  • Independent board

    25 of 25

    19 of 19 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $1.9 million spent. LEADERSHIP DEVELOPMENT WE OFFER A SUITE OF STATE-OF-THE-ART LEADERSHIP DEVELOPMENT PROGRAMS (ASSOCIATES, FELLOWS, BIODIVERSITY FELLOWS, NORTH CAROLINA ACCELERATOR, NEXT GENERATION EXECUTIVES). ANCHORED BY OUR GLOBALLY RECOGNIZED SUBJECT MATTER EXPERTS, EXHAUSTIVE RESEARCH, AND DECADES OF EXPERIENCE, OUR LEADERSHIP PROGRAMS PROVIDE OUR PARTICIPANTS WITH THE TOOLS, RESOURCES, AND NETWORKS TO NAVIGATE CHALLENGES OFTEN EXPERIENCED BY PROFESSIONALS OF COLOR, DELIVERED THROUGH A RIGOROUS CURRICULUM INTENDED TO FOSTER CAREER GROWTH FOR PROFESSIONALS OF ALL BACKGROUNDS AND ACROSS CAREER LEVELS. LEADERSHIP DEVELOPMENT ENROLLMENT BY PROGRAMS 141 ASSOCIATES FROM 28 COMPANIES; 167 FELLOWS FROM 50 COMPANIES; 70 BIODIVERSITY FELLOWS FROM 10 COMPANIES; 27 NC MID-CAREER LEADERSHIP ACCELERATOR FROM 3 COMPANIES; AND 95 NGE'ERS FROM 48 COMPANIES. EACH PROGRAM PARTICIPANT LISTED ABOVE WAS FULLY FUNDED BY THEIR EMPLOYER, SPONSORSHIP, GRANT, OR BY CLASS GIFT FUNDS. LEADERSHIP DEVELOPMENT WE OFFER A SUITE OF STATE-OF-THE-ART LEADERSHIP DEVELOPMENT PROGRAMS (ASSOCIATES, FELLOWS, BIODIVERSITY FELLOWS, NORTH CAROLINA ACCELERATOR, NEXT GENERATION EXECUTIVES). ANCHORED BY OUR GLOBALLY RECOGNIZED SUBJECT MATTER EXPERTS, EXHAUSTIVE RESEARCH, AND DECADES OF EXPERIENCE, OUR LEADERSHIP PROGRAMS PROVIDE OUR PARTICIPANTS WITH THE TOOLS, RESOURCES, AND NETWORKS TO NAVIGATE CHALLENGES OFTEN EXPERIENCED BY PROFESSIONALS OF COLOR, DELIVERED THROUGH A RIGOROUS CURRICULUM INTENDED TO FOSTER CAREER GROWTH FOR PROFESSIONALS OF ALL BACKGROUNDS AND ACROSS CAREER LEVELS. LEADERSHIP DEVELOPMENT ENROLLMENT BY PROGRAMS 141 ASSOCIATES FROM 28 COMPANIES; 167 FELLOWS FROM 50 COMPANIES; 70 BIODIVERSITY FELLOWS FROM 10 COMPANIES; 27 NC MID-CAREER LEADERSHIP ACCELERATOR FROM 3 COMPANIES; AND 95 NGE'ERS FROM 48 COMPANIES. EACH PROGRAM PARTICIPANT LISTED ABOVE WAS FULLY FUNDED BY THEIR EMPLOYER, SPONSORSHIP, GRANT, OR BY CLASS GIFT FUNDS.
  2. $911,113 spent. CONSULTING WE UNDERSTAND THAT AN ORGANIZATION'S ONLY LONG-TERM ADVANTAGE IS ITS CULTURE. PATENTS EXPIRE, TECHNOLOGIES BECOME OBSOLETE, AND CUSTOMER TASTES CHANGE. BUT CORPORATE CULTURE - THE SET OF VALUES THAT SHAPE HOW PEOPLE INTERACT AND COLLABORATE - SEPARATES THOSE ORGANIZATIONS PREPARED TO WIN THE FUTURE. WE WORK WITH ORGANIZATIONS ACROSS ALL SECTORS TO BUILD RESILIENCE, INNOVATION, ADAPTABILITY, AND CULTURALLY LITERATE CORPORATE CULTURES. FOR NEARLY 40 YEARS, WE HAVE PARTNERED WITH SUCCESSFUL ENTERPRISES TO MEET THEIR SPECIFIC TALENT NEEDS. WE OFFER LEADERSHIP DEVELOPMENT PROGRAMS FOR TALENT AT ALL LEVELS OF YOUR ORGANIZATION, AS WELL AS CONSULTING SERVICES TO FOSTER CORPORATE CULTURES THAT SUPPORT BELONGING AND DRIVE INNOVATION IN A GLOBAL MARKETPLACE. BOARD SERVICE - OUR BOARDLINK SERVICE CONNECTS ORGANIZATIONS SEEKING BOARD LEADERSHIP WITH OUR NETWORK OF ALUMNI. PROFESSIONAL SERVICES 90+ EXECUTIVE COUNCIL MEMBER COMPANIES. 11 JOBBOARD COMPANIES (PLUS 22 PREMIER SPONSORS); ZERO CONSULTING ENGAGEMENTS; AND CO-SPONSORED THE DINNER GROUP CONFERENCE, JUNETEENTH COALITION, NAACP NATIONAL CONVENTION. PARTNERING WITH UNITED WAY AND INP FOR THE BOARD'S CONNECTION PROGRAM. CONSULTING WE UNDERSTAND THAT AN ORGANIZATION'S ONLY LONG-TERM ADVANTAGE IS ITS CULTURE. PATENTS EXPIRE, TECHNOLOGIES BECOME OBSOLETE, AND CUSTOMER TASTES CHANGE. BUT CORPORATE CULTURE - THE SET OF VALUES THAT SHAPE HOW PEOPLE INTERACT AND COLLABORATE - SEPARATES THOSE ORGANIZATIONS PREPARED TO WIN THE FUTURE. WE WORK WITH ORGANIZATIONS ACROSS ALL SECTORS TO BUILD RESILIENCE, INNOVATION, ADAPTABILITY, AND CULTURALLY LITERATE CORPORATE CULTURES. FOR NEARLY 40 YEARS, WE HAVE PARTNERED WITH SUCCESSFUL ENTERPRISES TO MEET THEIR SPECIFIC TALENT NEEDS. WE OFFER LEADERSHIP DEVELOPMENT PROGRAMS FOR TALENT AT ALL LEVELS OF YOUR ORGANIZATION, AS WELL AS CONSULTING SERVICES TO FOSTER CORPORATE CULTURES THAT SUPPORT BELONGING AND DRIVE INNOVATION IN A GLOBAL MARKETPLACE. BOARD SERVICE - OUR BOARDLINK SERVICE CONNECTS ORGANIZATIONS SEEKING BOARD LEADERSHIP WITH OUR NETWORK OF ALUMNI. PROFESSIONAL SERVICES 90+ EXECUTIVE COUNCIL MEMBER COMPANIES. 11 JOBBOARD COMPANIES (PLUS 22 PREMIER SPONSORS); ZERO CONSULTING ENGAGEMENTS; AND CO-SPONSORED THE DINNER GROUP CONFERENCE, JUNETEENTH COALITION, NAACP NATIONAL CONVENTION. PARTNERING WITH UNITED WAY AND INP FOR THE BOARD'S CONNECTION PROGRAM.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 1986.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.