Parents Helping Parents Inc
Parents Helping Parents Inc operates efficiently with no reported officer compensation and growing revenue.
EIN: 10751555 · Oklahoma City, OK · NTEE: F60 · Updated: 2026-03-27
| Metric | Value |
|---|---|
| Total Revenue | $234K |
| Total Expenses | $223K |
| Program Spending | 85% |
| Net Assets | $52K |
| Transparency Score | 90/100 |
Is Parents Helping Parents Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Parents Helping Parents Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Parents Helping Parents Inc
Parents Helping Parents Inc (EIN: 10751555) is a nonprofit organization based in Oklahoma City, OK, classified under NTEE code F60. The organization reported total revenue of $234K and total assets of $43K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Parents Helping Parents Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Parents Helping Parents Inc is a small nonprofit that has been operating for 23 years, with 9 years of IRS 990 filings on record (2016–2024). Revenue has grown at a compound annual rate of 11.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $228K |
| Total Expenses | $223K |
| Surplus / Deficit | +$5K |
| Total Assets | $52K |
| Net Assets | $52K |
| Operating Margin | 2.0% |
| Months of Reserves | 2.8 months |
Financial Health Grade: A
In 2024, Parents Helping Parents Inc reported a surplus of $5K with revenue exceeding expenses, holds 2.8 months of operating reserves (limited).
Financial Trends
Over 9 years of filings (2016–2024), Parents Helping Parents Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +20.5% | +2.5% | +9.8% |
| 2023 | -10.3% | +11.2% | +21.8% |
| 2022 | +142.9% | +95.7% | +59.3% |
| 2021 | -9.7% | +3.7% | -35.0% |
| 2020 | +10.2% | +10.8% | -0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
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 Parents Helping Parents 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, Parents Helping Parents 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly commendable and suggests a strong volunteer-driven leadership model, allowing more funds to be directed to programs.
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.
Strengths
The following positive indicators were identified for Parents Helping Parents Inc:
- Zero officer compensation reported across all filings, indicating high efficiency and volunteer leadership.
- Consistent revenue growth from $86,770 in 202106 to $227,701 in 202406.
- Minimal to no liabilities reported in recent filings ($0 in 202406, 202306, 202206), demonstrating strong financial health.
- Expenses closely match revenue, suggesting lean and efficient operations (e.g., $227,701 revenue vs. $223,041 expenses in 202406).
- Healthy asset base relative to organizational size ($52,355 in 202406).
Frequently Asked Questions about Parents Helping Parents Inc
Is Parents Helping Parents Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Parents Helping Parents Inc (EIN: 10751555) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Parents Helping Parents Inc spend its money?
Parents Helping Parents Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Parents Helping Parents Inc tax-deductible?
Parents Helping Parents Inc is registered as a tax-exempt nonprofit (EIN: 10751555). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Parents Helping Parents Inc's spending goes to programs?
Parents Helping Parents Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Parents Helping Parents Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Parents Helping Parents Inc is above average for NTEE category F60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Parents Helping Parents Inc located?
Parents Helping Parents Inc is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 10751555. It is classified under NTEE code F60.
How many years of IRS 990 filings does Parents Helping Parents Inc have?
Parents Helping Parents Inc has 9 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 $234K in total revenue.
Is Parents Helping Parents Inc a good charity?
Based on the provided IRS 990 data, Parents Helping Parents Inc appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, minimal liabilities, and notably, zero officer compensation, suggesting high efficiency and dedication to its mission.
How has Parents Helping Parents Inc's revenue trended recently?
Parents Helping Parents Inc has shown significant revenue growth in recent years, increasing from $86,770 in 202106 to $227,701 in 202406, indicating a positive and expanding funding base.
Does Parents Helping Parents Inc have high administrative costs?
The provided data does not offer a detailed breakdown of administrative costs, but the absence of officer compensation (0% in all filings) strongly suggests that overall administrative overhead is kept very low, as a major component of admin costs is typically executive salaries.
What is the organization's asset and liability situation?
Parents Helping Parents Inc maintains a healthy asset base, with $52,355 in assets as of 202406, and has reported $0 in liabilities for most recent periods, indicating strong financial solvency and responsible management.
Filing History
IRS 990 filing history for Parents Helping Parents Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2016–2024), Parents Helping Parents Inc's revenue has grown by 146.2%, moving from $92K to $228K. Total assets increased by 23.2% over the same period, from $42K to $52K. Total functional expenses rose by 305.2%, from $55K to $223K. In its most recent filing year (2024), Parents Helping Parents Inc reported a surplus of $5K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $228K | $223K | $52K | $0 | — | — |
| 2023 | $189K | $218K | $48K | $0 | — | View 990 |
| 2022 | $211K | $196K | $39K | $0 | — | View 990 |
| 2021 | $87K | $100K | $25K | $494 | — | View 990 |
| 2020 | $96K | $96K | $38K | $494 | — | — |
| 2019 | $87K | $87K | $38K | $496 | — | View 990 |
| 2018 | $15K | $42K | $37K | $0 | — | View 990 |
| 2017 | $93K | $72K | $64K | $0 | — | View 990 |
| 2016 | $92K | $55K | $42K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $228K, expenses of $223K, and assets of $52K (revenue +20.5% year-over-year).
- 2023: Revenue of $189K, expenses of $218K, and assets of $48K (revenue -10.3% year-over-year).
- 2022: Revenue of $211K, expenses of $196K, and assets of $39K (revenue +142.9% year-over-year).
- 2021: Revenue of $87K, expenses of $100K, and assets of $25K (revenue -9.7% year-over-year).
- 2020: Revenue of $96K, expenses of $96K, and assets of $38K (revenue +10.2% year-over-year).
- 2019: Revenue of $87K, expenses of $87K, and assets of $38K (revenue +481.3% year-over-year).
- 2018: Revenue of $15K, expenses of $42K, and assets of $37K (revenue -83.9% year-over-year).
- 2017: Revenue of $93K, expenses of $72K, and assets of $64K (revenue +0.8% year-over-year).
- 2016: Revenue of $92K, expenses of $55K, and assets of $42K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Parents Helping Parents Inc:
Data Sources and Methodology
This transparency report for Parents Helping Parents 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.