2023-05-12T17:30:23+00:00 2022-06-30 350921680 CROWE LLP 9600 Brownsboro Road Suite 400 Louisville KY 402413902 990 2021-07-27 872937264 Partners for Rural Impact Inc PART 8599852602 101 Chestnut Street Berea KY 40404 PENNY JORDAN VP OF FINANCE AND STRATEGY 8599852602 2023-05-12 true PENNY JORDAN 999009999 RACHEL SPURLOCK P00520729 5023263996 2021 2023-04-26 12:10:37Z X DREAMA GENTRY 101 Chestnut Street Berea KY 40404 760000 false X WWW.PARTNERSRURAL.ORG X 2021 KY THE MISSION OF PARTNERS FOR RURAL IMPACT, INC (PRI) IS TO INCREASE EDUCATIONAL OPPORTUNITY, PROSPERITY AND WELL-BEING IN RURAL COMMUNITIES, ESPECIALLY COMMUNITIES OF PERSISTENT POVERTY. PRI ACHIEVES ITS MISSION BY DEVELOPING PROGRAMS FOR K-12 RURAL SCHOOLS AND PROVIDING COACHING, MENTORING, AND TECHNICAL ASSISTANCE TO FAMILIES, RESIDENTS, TEACHERS AND COMMUNITY LEADERS. THIS WORK HELPS TO BUILD THE NECESSARY SUPPORTS THAT RURAL STUDENTS NEED TO ENSURE THEIR EDUCATIONAL SUCCESS AND INCREASE THEIR ECONOMIC MOBILITY. PRI USES A PLACE-BASED APPROACH TO ACCELERATE EDUCATIONAL OUTCOMES WHEREBY LOCAL AND PROXIMATE LEADERS COLLABORATE TO DRAW ON THE KNOWLEDGE AND EXPERIENCES OF THE COMMUNITY AS A WHOLE. 3 3 0 7 0 0 250000 510000 0 0 0 760000 0 0 150180 0 42303 21245 171425 0 588575 0 665523 0 76948 0 588575 THE MISSION OF PARTNERS FOR RURAL IMPACT, INC IS TO IMPROVE EDUCATIONAL OUTCOMES FOR RURAL STUDENTS BY PROVIDING DIRECT SERVICES TO SCHOOLS, STUDENTS AND COMMUNITIES, AND PROVIDING TECHNICAL ASSISTANCE TO OTHER PROVIDERS SERVING K-12 STUDENTS. false false 3189 0 510000 Through community partnerships, PRI implements programs, supports local leaders, and drives funding to rural places to move population-level outcomes and advance system change. PRI builds capacity of leaders, organizations, and schools in under-resourced rural communities by increasing access to proven practices through trainings and technical assistance. 3189 true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 0 false false false false false false false false X 3 3 true false false false false false false true true false false true true true true true true true true false KY X PENNY JORDAN 8599852602 439 Walnut Meadow Road BEREA KY 40403 BETTY H OLINGER DIRECTOR 1.0 X 0 0 0 GLENN R JENNINGS DIRECTOR 1.0 X 0 0 0 TERI THOMPSON DIRECTOR 1.0 X 0 0 0 DREAMA GENTRY CEO 40.0 X 0 0 0 MICHAEL HOGG VP OF PLACE-BASED PARTNERSHIPS 40.0 X 0 0 0 PENELOPE JORDAN VP OF STRATEGY AND FINANCE 40.0 X 0 0 0 RENEE HARGROVE VP OF HUMAN RESOURCES, OPERATIONS AND LEGAL 40.0 X 0 0 0 0 0 0 0 false false false 0 250000 250000 MANAGEMENT AGREEMENT 611710 510000 510000 0 0 0 0 510000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 760000 510000 0 0 0 0 0 0 0 0 0 0 129592 2733 90526 36333 0 0 0 0 0 0 0 0 9360 219 6234 2907 0 0 0 0 11228 237 7928 3063 0 0 0 0 7663 0 7663 0 1230 0 1230 0 0 0 0 0 0 0 0 0 0 0 4256 0 4256 0 0 0 0 0 5 0 5 0 675 0 675 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5822 0 5822 0 Bank Fees 1520 0 1520 0 Partnership Development 74 0 74 0 0 0 0 0 171425 3189 125933 42303 0 619227 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 31859 0 0 0 0 0 0 0 0 0 0 0 14437 0 665523 0 76948 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 76948 X 0 341764 0 246811 0 588575 0 665523 588575 0 0 0 0 0 X false false false X 250000 250000 0 0 0 0 0 0 250000 250000 0 250000 0 0 0 0 0 0 0 0 0 0 250000 510000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Form 990, Part VI, Line 2 Family/business relationships amongst interested persons BETTY H. OLINGER, GLENN R. JENNINGS, TERI THOMPSON, DREAMA GENTRY - Business relationship Form 990, Part VI, Line 11b Review of form 990 by governing body THE FILING ORGANIZATION WORKED WITH AN ACCOUNTING FIRM TO PREPARE THE FORM 990. THE FORM 990 IS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING. Form 990, Part VI, Line 12c Conflict of interest policy PARTNERS FOR RURAL IMPACT'S CONFLICT OF INTEREST POLICY COVERS ALL RESPONSIBLE PERSONS DEFINED IN THE POLICY AS ANY PERSON SERVING AS AN OFFICER, EMPLOYEE, OR MEMBER OF THE BOARD OF DIRECTORS. ALL RESPONSIBLE PERSONS SHALL BE REQUIRED TO REVIEW A COPY OF THE POLICY. EACH YEAR RESPONSIBLE PERSONS COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES IN WHICH THE RESPONSIBLE PERSON IS INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST ARISING. THE POLICY IS REVIEWED ANNUALLY BY EACH MEMBER OF THE BOARD OF DIRECTORS AND ANY CHANGES WILL BE COMMUNICATED TO ALL RESPONSIBLE PERSONS. MONITORING OF THE POLICY OCCURS AS CONTRACTS ARE WRITTEN AND AS PART OF THE HIRING PROCESS. UPON NOTICE THAT A CONFLICT EXISTS, A CONFLICT OF INTEREST MANAGEMENT PLAN IS DEVELOPED BY THE VICE PRESIDENT OF HUMAN RESOURCES, OPERATIONS AND LEGAL, AND REVIEWED AND SIGNED BY THE RESPONSIBLE PERSON. A CONFLICT THAT ARISES FOR THE HIGHEST EXECUTIVE OFFICER WILL BE APPROVED BY THE BOARD OF DIRECTOR'S CHAIR. A CONFLICT WITH THE BOARD CHAIR WILL BE APPROVED BY PRI'S LEGAL COUNSEL. Form 990, Part VI, Line 15a Process to establish compensation of top management official Prior to any employees being hired into Partners for Rural Impact in May 2022, a compensation study was performed by an independent compensation firm. The study was completed in January 2022 and the compensation recommendations were submitted to PRI's board chair in March 2022. Form 990, Part VI, Line 15b Process to establish compensation of other employees A compensation study was completed in January 2022 for the following positions: Chief Executive Officer, Vice Presidents (Operations, Finance, Capacity Building, External Affairs, Place-Based Partnerships), Chief of Staff, Controller, Associate Vice Presidents, and Grant Development. Form 990, Part VI, Line 19 Required documents available to the public THE FILING ORGANIZATIONS GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT REQUIRED TO BE MADE AVAILABLE TO THE PUBLIC. Form 990, Part VII, Section A COMPENSATION THERE WERE NO EMPLOYEES UNTIL 2022. SINCE THE FILING ORGANIZATION HAS A FISCAL YEAR ENDING JUNE, 30, 2022, THE IRS INSTRUCTIONS STATE TO USE CALENDAR YEAR 2021 W2'S. THERE WERE NO 2021 W2'S, THUS PART VII REFLECTS ALL ZEROS.