Parent Encouragement Program Inc
EIN: 521379642 · Kensington, MD · NTEE: P41Z
Is Parent Encouragement Program Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Parent Encouragement Program Inc
Parent Encouragement Program Inc (EIN: 521379642) is a nonprofit organization based in Kensington, MD, classified under NTEE code P41Z. The organization reported total revenue of $1.1M and total assets of $928K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Parent Encouragement Program Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Parent Encouragement Program Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Parent Encouragement Program Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Parent Encouragement Program Inc
Is Parent Encouragement Program Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Parent Encouragement Program Inc (EIN: 521379642) insufficient data. 0 red flags identified, 0 strengths noted.
How does Parent Encouragement Program Inc spend its money?
Detailed spending breakdown data is not yet available for Parent Encouragement Program Inc. Check back for updated IRS 990 analysis.
Are donations to Parent Encouragement Program Inc tax-deductible?
Parent Encouragement Program Inc is registered as a tax-exempt nonprofit (EIN: 521379642). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Parent Encouragement Program Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Parent Encouragement Program Inc's revenue has grown by 215.5%, moving from $428K to $1.4M. Total assets increased by 72.3% over the same period, from $458K to $789K. Total functional expenses rose by 172.5%, from $418K to $1.1M. In its most recent filing year (2023), Parent Encouragement Program Inc reported a surplus of $211K, with revenue exceeding expenses. The organization holds $65K in liabilities against $789K in assets (debt-to-asset ratio: 8.2%), resulting in net assets of $724K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.1M | $789K | $65K | — | View 990 |
| 2022 | $942K | $878K | $551K | $39K | — | View 990 |
| 2021 | $772K | $643K | $536K | $88K | — | View 990 |
| 2020 | $567K | $470K | $394K | $75K | — | View 990 |
| 2019 | $459K | $539K | $237K | $15K | — | View 990 |
| 2018 | $557K | $642K | $331K | $29K | — | View 990 |
| 2017 | $487K | $522K | $415K | $27K | — | View 990 |
| 2016 | $483K | $528K | $452K | $30K | — | View 990 |
| 2015 | $485K | $549K | $493K | $26K | — | View 990 |
| 2014 | $594K | $503K | $565K | $33K | — | View 990 |
| 2013 | $483K | $448K | $481K | $42K | — | View 990 |
| 2012 | $431K | $438K | $442K | $35K | — | View 990 |
| 2011 | $428K | $418K | $458K | $45K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.1M, and assets of $789K (revenue +43.3% year-over-year).
- 2022: Revenue of $942K, expenses of $878K, and assets of $551K (revenue +22.1% year-over-year).
- 2021: Revenue of $772K, expenses of $643K, and assets of $536K (revenue +36.2% year-over-year).
- 2020: Revenue of $567K, expenses of $470K, and assets of $394K (revenue +23.4% year-over-year).
- 2019: Revenue of $459K, expenses of $539K, and assets of $237K (revenue -17.6% year-over-year).
- 2018: Revenue of $557K, expenses of $642K, and assets of $331K (revenue +14.2% year-over-year).
- 2017: Revenue of $487K, expenses of $522K, and assets of $415K (revenue +1.0% year-over-year).
- 2016: Revenue of $483K, expenses of $528K, and assets of $452K (revenue -0.4% year-over-year).
- 2015: Revenue of $485K, expenses of $549K, and assets of $493K (revenue -18.3% year-over-year).
- 2014: Revenue of $594K, expenses of $503K, and assets of $565K (revenue +23.0% year-over-year).
- 2013: Revenue of $483K, expenses of $448K, and assets of $481K (revenue +11.9% year-over-year).
- 2012: Revenue of $431K, expenses of $438K, and assets of $442K (revenue +0.7% year-over-year).
- 2011: Revenue of $428K, expenses of $418K, and assets of $458K.
Data Sources and Methodology
This transparency report for Parent Encouragement Program Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.