Parents For Peace
EIN: 474142897 · Memphis, TN · NTEE: R01
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $842K |
| Net Assets | $595K |
Is Parents For Peace Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Parents For Peace
Parents For Peace (EIN: 474142897) is a nonprofit organization based in Memphis, TN, classified under NTEE code R01. The organization reported total revenue of $1.6M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Parents For Peace's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Parents For Peace is a mid-size nonprofit that has been operating for 11 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 46.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $842K |
| Surplus / Deficit | +$352K |
| Total Assets | $628K |
| Total Liabilities | $33K |
| Net Assets | $595K |
| Operating Margin | 29.5% |
| Debt-to-Asset Ratio | 5.3% |
| Months of Reserves | 8.9 months |
Financial Health Grade: A
In 2023, Parents For Peace reported a surplus of $352K with revenue exceeding expenses, holds 8.9 months of operating reserves (strong position), has a debt-to-asset ratio of 5.3% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Parents For Peace's revenue has grown at a compound annual growth rate (CAGR) of 46.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +112.5% | +88.0% | +149.8% |
| 2022 | +111.0% | +55.8% | +84.9% |
| 2021 | -7.9% | +42.7% | -12.4% |
| 2020 | -5.2% | -15.2% | +142.3% |
| 2019 | +51.3% | +25.8% | +60.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Parents For Peace 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 Parents For Peace 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $352K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.3%.
Frequently Asked Questions about Parents For Peace
Is Parents For Peace a legitimate charity?
Based on AI analysis of IRS 990 filings, Parents For Peace (EIN: 474142897) insufficient data. 0 red flags identified, 0 strengths noted.
How does Parents For Peace spend its money?
Detailed spending breakdown data is not yet available for Parents For Peace. Check back for updated IRS 990 analysis.
Are donations to Parents For Peace tax-deductible?
Parents For Peace is registered as a tax-exempt nonprofit (EIN: 474142897). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Parents For Peace located?
Parents For Peace is headquartered in Memphis, Tennessee and files with the IRS under EIN 474142897. It is classified under NTEE code R01.
How many years of IRS 990 filings does Parents For Peace have?
Parents For Peace has 8 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 $1.6M in total revenue.
Filing History
IRS 990 filing history for Parents For Peace showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Parents For Peace's revenue has grown by 1373.2%, moving from $81K to $1.2M. Total assets increased by 8992.3% over the same period, from $7K to $628K. Total functional expenses rose by 1034.6%, from $74K to $842K. In its most recent filing year (2023), Parents For Peace reported a surplus of $352K, with revenue exceeding expenses. The organization holds $33K in liabilities against $628K in assets (debt-to-asset ratio: 5.3%), resulting in net assets of $595K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $842K | $628K | $33K | — | — |
| 2022 | $562K | $448K | $251K | $9K | — | View 990 |
| 2021 | $266K | $288K | $136K | $8K | — | View 990 |
| 2020 | $289K | $201K | $155K | $6K | — | — |
| 2019 | $305K | $238K | $64K | $3K | — | View 990 |
| 2018 | $202K | $189K | $40K | $46K | — | View 990 |
| 2017 | $133K | $137K | $3K | $0 | — | View 990 |
| 2016 | $81K | $74K | $7K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $842K, and assets of $628K (revenue +112.5% year-over-year).
- 2022: Revenue of $562K, expenses of $448K, and assets of $251K (revenue +111.0% year-over-year).
- 2021: Revenue of $266K, expenses of $288K, and assets of $136K (revenue -7.9% year-over-year).
- 2020: Revenue of $289K, expenses of $201K, and assets of $155K (revenue -5.2% year-over-year).
- 2019: Revenue of $305K, expenses of $238K, and assets of $64K (revenue +51.3% year-over-year).
- 2018: Revenue of $202K, expenses of $189K, and assets of $40K (revenue +51.7% year-over-year).
- 2017: Revenue of $133K, expenses of $137K, and assets of $3K (revenue +64.0% year-over-year).
- 2016: Revenue of $81K, expenses of $74K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Parents For Peace:
Data Sources and Methodology
This transparency report for Parents For Peace 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.