Parentchild Plus Inc
Parentchild Plus Inc shows strong revenue growth and asset accumulation with no reported officer compensation.
EIN: 112495601 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.0M |
| Total Expenses | $5.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $10,875,401 |
| Net Assets | $8.5M |
| Transparency Score | 90/100 |
Is Parentchild Plus Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Parentchild Plus Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Parentchild Plus Inc
Parentchild Plus Inc (EIN: 112495601) is a nonprofit organization based in New York, NY. The organization reported total revenue of $7.0M and total assets of $10.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Parentchild Plus Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Parentchild Plus Inc is a mid-size nonprofit that has been operating for 45 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 14.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.9M |
| Total Expenses | $5.6M |
| Surplus / Deficit | +$5.2M |
| Total Assets | $9.1M |
| Total Liabilities | $612K |
| Net Assets | $8.5M |
| Operating Margin | 48.2% |
| Debt-to-Asset Ratio | 6.7% |
| Months of Reserves | 19.4 months |
Financial Health Grade: A
In 2023, Parentchild Plus Inc reported a surplus of $5.2M with revenue exceeding expenses, holds 19.4 months of operating reserves (strong position), has a debt-to-asset ratio of 6.7% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Parentchild Plus Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +70.0% | -5.3% | +148.2% |
| 2022 | +29.9% | +20.8% | -0.3% |
| 2021 | +21.3% | -0.8% | +18.6% |
| 2020 | +2.2% | +21.4% | -16.7% |
| 2019 | -13.7% | -0.3% | -4.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Parentchild Plus Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Parentchild Plus Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of its size (latest revenue $10,875,401) and suggests either pro-bono leadership or compensation structured in a way not captured under 'officer compensation' on the 990.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Parentchild Plus Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further inquiry into how leadership is compensated.
Strengths
The following positive indicators were identified for Parentchild Plus Inc:
- Strong revenue growth, increasing from $4,059,063 in 2020 to $10,875,401 in 2023.
- Healthy asset accumulation, with assets growing from $3,109,894 in 2020 to $9,126,348 in 2023.
- Excellent financial stability, demonstrated by a high asset-to-liability ratio (approx. 14.9:1 in 2023).
- Positive net income in recent years, with revenue significantly exceeding expenses in 2023 ($10,875,401 vs. $5,632,121).
- No reported officer compensation, suggesting a high degree of financial stewardship or pro-bono leadership.
Frequently Asked Questions about Parentchild Plus Inc
Is Parentchild Plus Inc a legitimate charity?
Parentchild Plus Inc (EIN: 112495601) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 12 years of IRS 990 filings on record. Total revenue: $7.0M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Parentchild Plus Inc spend its money?
Parentchild Plus Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Parentchild Plus Inc tax-deductible?
Parentchild Plus Inc is registered as a tax-exempt nonprofit (EIN: 112495601). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Parentchild Plus Inc CEO make?
Parentchild Plus Inc's highest-compensated officer earns $10,875,401 annually. The organization reported $7.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Parentchild Plus Inc's spending goes to programs?
Parentchild Plus Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Parentchild Plus Inc located?
Parentchild Plus Inc is headquartered in New York, New York and files with the IRS under EIN 112495601.
How many years of IRS 990 filings does Parentchild Plus Inc have?
Parentchild Plus Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $7.0M in total revenue.
Is Parentchild Plus Inc a good charity?
Based on the available financial data, Parentchild Plus Inc appears to be a good charity. It demonstrates strong financial health, significant revenue growth, and responsible expense management, as evidenced by its $10,875,401 revenue against $5,632,121 expenses in 2023. The consistent 0% officer compensation is also a positive indicator of financial stewardship.
How has Parentchild Plus Inc's revenue changed over time?
Parentchild Plus Inc has experienced substantial revenue growth, particularly in recent years. Revenue increased from $4,059,063 in 2020 to $10,875,401 in 2023, indicating a significant expansion of its financial capacity.
What is the organization's asset-to-liability ratio?
In the latest filing (2023), Parentchild Plus Inc had assets of $9,126,348 and liabilities of $611,915, resulting in a very strong asset-to-liability ratio of approximately 14.9:1, indicating excellent financial stability.
Does Parentchild Plus Inc spend efficiently?
Yes, the organization appears to spend efficiently. In 2023, expenses were $5,632,121 against revenue of $10,875,401, resulting in a significant surplus that contributes to its asset growth and long-term sustainability.
Filing History
IRS 990 filing history for Parentchild Plus Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Parentchild Plus Inc's revenue has grown by 355.6%, moving from $2.4M to $10.9M. Total assets increased by 341.5% over the same period, from $2.1M to $9.1M. Total functional expenses rose by 258.1%, from $1.6M to $5.6M. In its most recent filing year (2023), Parentchild Plus Inc reported a surplus of $5.2M, with revenue exceeding expenses. The organization holds $612K in liabilities against $9.1M in assets (debt-to-asset ratio: 6.7%), resulting in net assets of $8.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.9M | $5.6M | $9.1M | $612K | — | View 990 |
| 2022 | $6.4M | $5.9M | $3.7M | $566K | — | View 990 |
| 2021 | $4.9M | $4.9M | $3.7M | $817K | — | View 990 |
| 2020 | $4.1M | $5.0M | $3.1M | $581K | — | View 990 |
| 2019 | $4.0M | $4.1M | $3.7M | $310K | — | — |
| 2018 | $4.6M | $4.1M | $3.9M | $484K | — | View 990 |
| 2017 | $3.4M | $2.8M | $2.9M | $65K | — | View 990 |
| 2016 | $2.7M | $2.6M | $2.5M | $391K | — | View 990 |
| 2015 | $2.9M | $2.5M | $2.4M | $374K | — | View 990 |
| 2014 | $2.0M | $2.1M | $2.4M | $739K | — | View 990 |
| 2013 | $1.8M | $1.9M | $2.1M | $383K | — | View 990 |
| 2012 | $2.4M | $1.6M | $2.1M | $323K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.9M, expenses of $5.6M, and assets of $9.1M (revenue +70.0% year-over-year).
- 2022: Revenue of $6.4M, expenses of $5.9M, and assets of $3.7M (revenue +29.9% year-over-year).
- 2021: Revenue of $4.9M, expenses of $4.9M, and assets of $3.7M (revenue +21.3% year-over-year).
- 2020: Revenue of $4.1M, expenses of $5.0M, and assets of $3.1M (revenue +2.2% year-over-year).
- 2019: Revenue of $4.0M, expenses of $4.1M, and assets of $3.7M (revenue -13.7% year-over-year).
- 2018: Revenue of $4.6M, expenses of $4.1M, and assets of $3.9M (revenue +33.9% year-over-year).
- 2017: Revenue of $3.4M, expenses of $2.8M, and assets of $2.9M (revenue +28.2% year-over-year).
- 2016: Revenue of $2.7M, expenses of $2.6M, and assets of $2.5M (revenue -6.1% year-over-year).
- 2015: Revenue of $2.9M, expenses of $2.5M, and assets of $2.4M (revenue +45.9% year-over-year).
- 2014: Revenue of $2.0M, expenses of $2.1M, and assets of $2.4M (revenue +6.7% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.9M, and assets of $2.1M (revenue -23.2% year-over-year).
- 2012: Revenue of $2.4M, expenses of $1.6M, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Parentchild Plus Inc:
Data Sources and Methodology
This transparency report for Parentchild Plus 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.