2011-11-14T12:35:43-06:00 2011-06-30 BEENE GARTER LLP 56 GRANDVILLE AVE SW SUITE 100 GRAND RAPIDS MI 495034036 990 2010-07-01 383293173 PARTNERS WORLDWIDE PART 6168184913 6139 TAHOE DRIVE SE GRAND RAPIDS MI 495467126 WILLIAM BROWN 6168184913 2011-11-14 1 MARGARET W BISHOP CPA 6162355200 2010 2016-02-24 21:20:13Z WILLIAM BROWN 6139 TAHOE DRIVE SE GRAND RAPIDS MI 49546 3778165 0 X WWW.PARTNERSWORLDWIDE.ORG X 1997 MI JOB CREATION AND BUSINESS MENTORING 14 14 20 100 0 0 3802675 3464246 35360 113359 83389 97476 35385 5007 3956809 3680088 1579513 1050862 0 0 1521979 1234421 0 0 244699 928283 1027268 4029775 3312551 -72966 367537 3720009 4312331 172619 208355 3547390 4103976 JOB CREATION AND BUSINESS MENTORING 0 0 2753867 1050862 118366 PARTNERS WORLDWIDE BUILDS PARTNERSHIPS AMONG NORTH AMERICAN AND INTERNATIONAL BUSINESS PEOPLE. IT FACILITATES THESE PARTNERSHIPS BY PROVIDING MENTORING, TECHNICAL ASSISTANCE, CAPITAL, AND ADVOCACY. THE PARTNERSHIPS HAVE RESULTED IN CREATING OVER 2,000 JOBS AND RETAINING OVER 22,000 JOBS. 2753867 1 1 0 0 0 0 0 0 0 1 1 0 1 0 1 1 0 0 1 1 1 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 1 0 0 20 1 0 1 NU KE UG 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MI X X WILLIAM BROWN 6168184913 6139 TAHOE DRIVE SE GRAND RAPIDS MI 49546 ROB TRIBKEN 5.00 X X 0 0 0 KATHIE HOEKSTRA 2.00 X X 0 0 0 RON DAVID 2.00 X X 0 0 0 DALE ANDRINGA 5.00 X X 0 0 0 ROGER BAIRSTOW 2.00 X 0 0 0 AL CAPERNA 2.00 X 0 0 0 BING GOEI 2.00 X 0 0 0 BRAD HAVERKAMP 2.00 X 0 0 0 SANDY JOHNSON 2.00 X 0 0 0 PETER SCHAAFSMA 2.00 X 0 0 0 ROBERTO MATUS 2.00 X 0 0 0 JIM TUINSTRA 2.00 X 0 0 0 JACK VANDERPLOEG 2.00 X 0 0 0 KEN VANGILST 2.00 X 0 0 0 ROY ZUIDEMA 2.00 X 0 0 0 DOUG SEEBECK 50.00 X 93974 0 23435 WILLIAM BROWN 50.00 X 51200 0 14651 145174 0 38086 0 0 0 0 0 3464246 3464246 EVENTS AND CONFERENCES 900099 113359 113359 113359 25180 25180 170373 98077 72296 72296 72296 BOOK SALES 900099 4917 4917 MISCELLANEOUS 900099 90 90 5007 3680088 118366 0 97476 1050862 1050862 184441 85517 56999 41925 928453 853316 22742 52395 16448 11723 2178 2547 67583 24371 1321 41891 37496 24439 5853 7204 19898 2078 17735 85 10433 5349 5084 81876 4847 46706 30323 25806 1103 19797 4906 142302 98630 25104 18568 24441 24426 15 20171 20171 432750 414612 389 17749 113072 70973 20980 21119 32392 32392 8246 8246 INTERNATIONAL RELIEF 95048 95048 TRAINING AND EDUCATION 17388 16037 805 546 DUES AND SUBSCRIPTIONS 3085 2792 293 MISCELLANEOUS 360 311 49 3312551 2753867 313985 244699 642046 503979 53300 379668 68702 60065 44405 19831 981286 68458 934568 912828 824096 965883 1002892 1027077 150000 443000 3720009 4312331 172619 208355 172619 208355 X 1537247 2268951 2010143 1835025 3547390 4103976 3720009 4312331 X 367537 189049 X X 0 1 1 X 0 X 2755688 2653074 4695412 3802675 3464246 17371095 2755688 2653074 4695412 3802675 3464246 17371095 3971872 13399223 79246 93992 59243 42788 25180 300449 245 11392 45151 35385 5007 97180 17768724 413682 0.75410 0.78500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 350000 350000 529420 37731 491689 101866 30727 71139 912828 BARNABAS CT BALANCED FUND 1027077 F 1027077 INVESTMENT IN AFFILIATE 443000 443000 3680088 3312551 367537 189049 189049 556586 4252688 189049 383551 572600 3680088 0 3680088 3696102 383551 383551 3312551 0 3312551 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT PARTNERS WORLDWIDE, INC. IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). TAX POSITIONS TAKEN ARE ASSESSED FOR UNCERTAINTY AND A PROVISION MAY BE RECORDED IF A TAX POSITION IS NOT LIKELY TO BE SUSTAINED UPON EXAMINATION. WITH LIMITED EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO TAX AUDITS BY FEDERAL AUTHORITIES FOR YEARS PRIOR TO 2008. 1 CENTRAL AMERICA 2 3 PROGRAM SERVICES JOB CREATION 580467 SOUTH AMERICA 1 1 PROGRAM SERVICES JOB CREATION 39877 SOUTH ASIA 1 1 PROGRAM SERVICES JOB CREATION 141053 SUB-SAHARAN AFRICA 7 7 PROGRAM SERVICES JOB CREATION 1502621 EAST ASIA 1 1 PROGRAM SERVICES JOB CREATION 15699 13 0 13 2279717 0 2279717 CENTRAL AMERICA 184368 WIRE TRANSFER SOUTH AMERICA 17120 WIRE TRANSFER SOUTH ASIA 22712 WIRE TRANSFER SUB-SAHARAN AFRICA 826662 WIRE TRANSFER 4 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: GRANT RECIPIENTS ARE REQUIRED TO SUBMIT QUARTERLY PERFORMANCE METRICS. FORM 990, PART VI, SECTION B, LINE 11 THE REVIEW PROCESS IS DELEGATED BY THE BOARD TO THE AUDIT COMMITTEE. THE AUDIT COMMITTEE AND THE FINANCE COMMITTEE REVIEW THE 990 AND REPORT TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS REVIEWED ANNUALLY WITH THE BOARD FORM 990, PART VI, SECTION B, LINE 15 ALL EMPLOYEES ARE REVIEWED ANNUALLY BY THEIR SUPERVISORS, WITH INPUT FROM THEIR PEERS, AND THE BOARD. THE CEO IS REVIEWED BY THE EXECUTIVE COMMITTE OF THE BOARD. COMPENSATION IS PROPOSED IN THE ANNUAL BUDGET BY THE MANAGEMENT TEAM BASED UPON REVIEWING PUBLISHED WAGES OF SIMILAR POSITIONS IN THE GEOGRAPHIC AREA, AND HAVING CONSIDERED THE FINANCIAL STATUS OF THE ORGANIZATION. THE BUDGET IS REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD, AND IF PASSED, FORWARDED TO THE BOARD FOR REVIEW AND APPROVAL. THE BUDGET, AS APPROVED BY THE BOARD, IS THE BASIS FOR STAFF COMPENSATION, SUBJECT TO THEIR PERFORMANCE REVIEWS. FORM 990, PART VI, SECTION C, LINE 19 THE ANNUAL REPORT CAN BE DOWNLOADED FROM THE WEBSITE. THE WEBSITE ALSO STATES THAT OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 189,049. FORM 990, PART XII, LINE 2C THE BOARD HAS APPOINTED AN AUDIT COMMITTEE FOR OVERSIGHT OF THE PROCESS AND AUDITOR SELECTION.