Parents Leading For Educational Equity
EIN: 854350943 · Providence, RI · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $707K |
| Total Expenses | $701K |
| Net Assets | $633K |
Is Parents Leading For Educational Equity Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Parents Leading For Educational Equity
Parents Leading For Educational Equity (EIN: 854350943) is a nonprofit organization based in Providence, RI, classified under NTEE code S20. The organization reported total revenue of $707K and total assets of $772K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Parents Leading For Educational Equity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Parents Leading For Educational Equity is a small nonprofit that has been operating for 5 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 26.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $848K |
| Total Expenses | $701K |
| Surplus / Deficit | +$148K |
| Total Assets | $653K |
| Total Liabilities | $20K |
| Net Assets | $633K |
| Operating Margin | 17.4% |
| Debt-to-Asset Ratio | 3.0% |
| Months of Reserves | 11.2 months |
Financial Health Grade: A
In 2023, Parents Leading For Educational Equity reported a surplus of $148K with revenue exceeding expenses, holds 11.2 months of operating reserves (strong position), has a debt-to-asset ratio of 3.0% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Parents Leading For Educational Equity's revenue has grown at a compound annual growth rate (CAGR) of 26.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +45.1% | +73.4% | +24.1% |
| 2022 | +9.9% | +77.9% | +49.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Parents Leading For Educational Equity 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 Leading For Educational Equity 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 $148K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.0%.
Frequently Asked Questions about Parents Leading For Educational Equity
Is Parents Leading For Educational Equity a legitimate charity?
Based on AI analysis of IRS 990 filings, Parents Leading For Educational Equity (EIN: 854350943) insufficient data. 0 red flags identified, 0 strengths noted.
How does Parents Leading For Educational Equity spend its money?
Detailed spending breakdown data is not yet available for Parents Leading For Educational Equity. Check back for updated IRS 990 analysis.
Are donations to Parents Leading For Educational Equity tax-deductible?
Parents Leading For Educational Equity is registered as a tax-exempt nonprofit (EIN: 854350943). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Parents Leading For Educational Equity located?
Parents Leading For Educational Equity is headquartered in Providence, Rhode Island and files with the IRS under EIN 854350943. It is classified under NTEE code S20.
How many years of IRS 990 filings does Parents Leading For Educational Equity have?
Parents Leading For Educational Equity has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $707K in total revenue.
Filing History
IRS 990 filing history for Parents Leading For Educational Equity showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Parents Leading For Educational Equity's revenue has grown by 59.5%, moving from $532K to $848K. Total assets increased by 85% over the same period, from $353K to $653K. Total functional expenses rose by 208.4%, from $227K to $701K. In its most recent filing year (2023), Parents Leading For Educational Equity reported a surplus of $148K, with revenue exceeding expenses. The organization holds $20K in liabilities against $653K in assets (debt-to-asset ratio: 3.0%), resulting in net assets of $633K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $848K | $701K | $653K | $20K | — | — |
| 2022 | $585K | $404K | $526K | $40K | — | View 990 |
| 2021 | $532K | $227K | $353K | $48K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $848K, expenses of $701K, and assets of $653K (revenue +45.1% year-over-year).
- 2022: Revenue of $585K, expenses of $404K, and assets of $526K (revenue +9.9% year-over-year).
- 2021: Revenue of $532K, expenses of $227K, and assets of $353K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Parents Leading For Educational Equity:
Data Sources and Methodology
This transparency report for Parents Leading For Educational Equity 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.