2020-03-04T13:25:20-06:00 2019-06-30 363990892 Capin Crouse LLP 9511 Angola Court Suite 221 Indianapolis IN 46268 990 2018-07-01 383293173 Partners Worldwide PART 6168184910 6139 Tahoe Drive SE Grand Rapids MI 495467126 Doug Seebeck President/CEO 6168184910 2020-03-04 1 Sara Tibbott P01486965 3178852620 139.146.132.42 2020-03-04 14:25:03 ES P B16BCD433360B9F7188986CDA63B1CA63A869FCF AC936BEEC46A8A2B3F5520009393BF0905A66239 2018 2020-04-17 16:48:07Z Doug Seebeck 6139 Tahoe Drive SE Grand Rapids MI 495467126 5164552 0 X www.partnersworldwide.org X 1997 MI Creating global partnerships focused on business growth and job creation 14 14 30 208 0 0 5082861 4813659 110146 130878 279917 219491 605 524 5473529 5164552 1491850 1400370 0 0 2205478 2228712 0 0 578145 1606195 1587606 5303523 5216688 170006 -52136 14563202 14773732 1297924 1311424 13265278 13462308 Connecting business and professional people in global partnerships focused on business growth and job creation which transform the lives of all involved. 0 0 4086306 1400370 131402 Partners Worldwide builds relational partnerships between business people around the world focused on business growth and job creation to alleviate poverty. Partners Worldwide provides facilitation support to these partnerships through a model of mentoring, training, loan capital, and advocacy. The partnerships have resulted in the creation of 17,987 jobs in 2018/2019 and the retention of 147,098 jobs. 4086306 1 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 X 18 0 1 30 1 0 1 NU KE UG ZA RP 0 0 0 0 0 0 0 0 0 0 X 14 14 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 1 1 MI X X Linda Cahoon 6168184910 6139 Tahoe Drive SE Grand Rapids MI 495467126 Sandy Johnson Board Chair 5.00 X X 0 0 0 Ian Clemens Director, Vice President 2.00 X X 0 0 0 Jennifer Pettie Director, Treasurer 2.00 X X 0 0 0 Eric Van Vugt Director, Secretary 2.00 X X 0 0 0 France Allen Director 2.00 X 0 0 0 Julius Medenblik Director 2.00 X 0 0 0 Dr Ruth Waweru Director 2.00 X 0 0 0 Don Vos Director 2.00 X 0 0 0 Fanny Atta-Peters Director 2.00 X 0 0 0 Paul Sjolund Director 2.00 X 0 0 0 Heather Clemens Director 2.00 X 0 0 0 Anton Donkers Director 2.00 X 0 0 0 Kim Dooyema Director 2.00 X 0 0 0 Hessel Kiestra Director 2.00 X 0 0 0 Doug Seebeck President/CEO 50.00 X 107858 0 25325 Christine Albertini COO/Secretary (part year) 50.00 X 99678 0 18515 Ed Bueche CFO/Treasurer (part year) 50.00 X 77223 0 22378 284759 0 66218 1 0 0 0 0 128009 4685650 27916 4813659 Conferences 900099 81821 81821 Mgmt Fee - Related Org 900099 49057 49057 130878 219491 219491 524 0 524 524 5164552 131402 0 219491 1400370 1400370 297856 167154 43538 87164 1720652 1422349 94739 203564 23195 6353 6548 10294 105106 28790 29672 46644 81903 22434 23122 36347 29096 29096 7025 1725 5300 14355 46 1303 13006 258914 219525 16628 22761 102785 102785 39702 22092 6213 11397 542203 490146 6211 45846 8598 4733 1098 2767 11000 11000 80940 26222 41506 13212 12825 4155 6577 2093 Operations 362536 154310 130476 77750 Field Development 93140 93140 Field Equipment 24487 24487 5216688 4086306 552237 578145 X 1917956 1402282 386219 327230 250835 193891 50355 68354 64159 22144 1287008 422253 849706 864755 9669 10919 6311594 7141489 4402219 4496920 320490 245748 14563202 14773732 197924 211424 1100000 1100000 1297924 1311424 X 9027122 9952067 4238156 3510241 13265278 13462308 14563202 14773732 X -52136 255154 -5988 X X 0 1 X 1 0 X 4863620 4466800 4919241 5082861 4813659 24146181 4863620 4466800 4919241 5082861 4813659 24146181 1521926 22624255 139673 125662 127096 206665 219491 818587 24964768 488575 0.90620 0.73330 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 350000 350000 543792 168541 375251 152874 146532 6342 240342 107180 133162 864755 Barnabas Ct Balanced Fund 7141489 C 7141489 Investment in PW Entrepreneurs L3C 1361860 C Notes Receivable for Loans 3135060 C 4496920 1 Central America and the Caribbean 5 8 Program Services Job Creation 554125 Sub-Saharan Africa 6 10 Program Services Job Creation 849882 South Asia 3 3 Program Services Job Creation 112267 South America 1 1 Program Services Job Creation 56594 East Asia and the Pacific 1 3 Program Services Job Creation 180131 Sub-Saharan Africa 0 0 Grants to Recipients 1157232 Central America and the Caribbean 0 0 Grants to Recipients 153423 South Asia 0 0 Grants to Recipients 44026 South America 0 0 Grants to Recipients 45689 16 25 0 0 16 25 3107680 45689 3153369 Sub-Saharan Africa Business Development 415000 Wire Sub-Saharan Africa Business Development 163740 Wire Sub-Saharan Africa Business Development 107921 Wire Central America and the Caribbean Business Development 105139 Wire Sub-Saharan Africa Community Development 77000 Wire Sub-Saharan Africa Business Development 56500 Wire Sub-Saharan Africa Business Development 30677 Wire Sub-Saharan Africa Agricultural Programs 22000 Wire South America Business Development 17426 Wire South America Agricultural Programs 13063 Wire South Asia Business Development 10703 Wire South America Business Development 9000 Wire South Asia Business Development 7425 Wire South Asia Business Development 6590 Wire South America Business Development 6200 Wire 14 1 0 0 0 0 0 0 Part I, Line 2: The organization requires grantee organizations to agree to an Annual Partnership Plan and supply metrics on a annual basis in order to monitor the use of grants funds. Metrics are entered in the field by our affiliates to our online hub. The metrics are then reviewed by the partnership manager of the respective country. Next, the metrics are reviewed and approved by the respective regional manager. Lastly, they are reviewed and finalized by the Director of Strategic Initiatives. Part I, line 3: Expenditures are accounted for using the accrual method of accounting. X 2 21381 Cost X Farm Supplies 1 6535 Cost 0 0 1 0 Part I, Column (b): The number of contributions represent the number of contributions received, not the number of items donated. Form 990, Part V, Line 2a: Partners Worldwide does not file any W-2s as all employees are outsourced from a professional employment organization. Partners Worldwide reimburses the professional employment organization for the employees' compensation and the reimbursements are reported on 990 Part VII, Section A and 990 Part IX, Lines 5-10. Form 990, Part VI, Section A, line 2 Heather Clemens, Director, and Ian Clemens, Director, Vice President, have a family relationship. Form 990, Part VI, Section A, line 8b The organization does not have any committees at the board level, based on the Carver Model of Governance. There is no material difference in the voting rights of the board members. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent CPA firm. The Controller and President/CEO review in detail a copy of the Form 990 and then it is provided to every member of the governing body before it is filed with the IRS. Form 990, Part VI, Section B, line 12c Board members and officers sign annual conflict of interest statements which are reviewed by the Executive Assistant. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Section B, line 15 Compensation is proposed in the annual budget by the management team based on a thorough analysis of comparable compensation, including the use of compensation surveys. The Board Chair approves the President/CEO's compensation and the process is documented via the annual budget. The President/CEO approves the compensation for the Chief Financial Officer/Treasurer and the Chief Operating Officer/Secretary via the annual budget and in consultation with the Board Chair. This process is documented. Form 990, Part VI, Section C, line 19 The organization's financial statements are available via the organization's website. The organization's governing documents and conflict of interest policy are available upon request. Form 990, Part X, Lines 27-29: In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 6/30/2019. To date, 2018 Form 990 and its associated schedules have not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Part X, Lines 27-29: Line 27 - Net assets without donor restrictions $ 9,952,067 Line 29 - Net assets with donor restrictions $ 3,510,241 Total net assets $13,462,308 Form 990, Part XI, line 9: Foreign currency adjustment -5,988. Form 990, Part XII, Line 2c The organization's Board assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year. Partners Worldwide Canada PO Box 661 Stn Main Welland Ontario CA L3B 5R4 836757807 Fight poverty CA 501(c)(3) Partners Worldwide 0 PW Entrepreneurs L3C 6139 Tahoe Dr SE Grand Rapids MI 49546 272381733 Further the accomplishment of the charitable purposes of Partners Worldwide MI Partners Worldwide Related -90428 1469439 0 1 0.83500 0 0 1 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 PW Entrepreneurs L3C L PW Entrepreneurs L3C N PW Entrepreneurs L3C O PW Entrepreneurs L3C Q Partners Worldwide Canada C 128009 Book value Partners Worldwide Canada L Partners Worldwide Canada N Partners Worldwide Canada O Partners Worldwide Canada Q