Parliament Of The Worlds Religions
EIN: 363605228 · Chicago, IL
| Metric | Value |
|---|---|
| Total Revenue | $538K |
| Total Expenses | $505K |
| Net Assets | $-673,907 |
Is Parliament Of The Worlds Religions Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Parliament Of The Worlds Religions
Parliament Of The Worlds Religions (EIN: 363605228) is a nonprofit organization based in Chicago, IL. The organization reported total revenue of $538K and total assets of $81K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Parliament Of The Worlds Religions's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Parliament Of The Worlds Religions is a small nonprofit that has been operating for 37 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -11.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $235K |
| Total Expenses | $505K |
| Surplus / Deficit | $-269,894 |
| Total Assets | $588K |
| Total Liabilities | $1.3M |
| Net Assets | $-673,907 |
| Operating Margin | -114.9% |
| Debt-to-Asset Ratio | 214.6% |
| Months of Reserves | 14.0 months |
Financial Health Grade: C
In 2022, Parliament Of The Worlds Religions reported a deficit of $270K with expenses exceeding revenue, holds 14.0 months of operating reserves (strong position), has a debt-to-asset ratio of 214.6% (high leverage).
Financial Trends
Over 12 years of filings (2011–2022), Parliament Of The Worlds Religions's revenue has declined at a compound annual growth rate (CAGR) of -11.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -71.0% | -3.0% | +151.1% |
| 2021 | +193.7% | +5.4% | +56.3% |
| 2020 | -37.3% | -4.0% | -59.0% |
| 2019 | -90.3% | -88.4% | -19.4% |
| 2018 | +4972.0% | +521.5% | -31.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Parliament Of The Worlds Religions 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 Parliament Of The Worlds Religions 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $270K, with expenses exceeding revenue.
- Debt-to-asset ratio: 214.6%.
Frequently Asked Questions about Parliament Of The Worlds Religions
Is Parliament Of The Worlds Religions a legitimate charity?
Parliament Of The Worlds Religions (EIN: 363605228) is a registered tax-exempt nonprofit based in Illinois. It has 12 years of IRS 990 filings on record. Total revenue: $538K. No red flags identified. Financial health grade: C.
How does Parliament Of The Worlds Religions spend its money?
Parliament Of The Worlds Religions reported $538K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Parliament Of The Worlds Religions tax-deductible?
Parliament Of The Worlds Religions is registered as a tax-exempt nonprofit (EIN: 363605228). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Parliament Of The Worlds Religions located?
Parliament Of The Worlds Religions is headquartered in Chicago, Illinois and files with the IRS under EIN 363605228.
How many years of IRS 990 filings does Parliament Of The Worlds Religions have?
Parliament Of The Worlds Religions 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 $538K in total revenue.
Filing History
IRS 990 filing history for Parliament Of The Worlds Religions showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Parliament Of The Worlds Religions's revenue has declined by 73.4%, moving from $883K to $235K. Total assets increased by 38.2% over the same period, from $426K to $588K. Total functional expenses fell by 3.4%, from $523K to $505K. In its most recent filing year (2022), Parliament Of The Worlds Religions reported a deficit of $270K, with expenses exceeding revenue. The organization holds $1.3M in liabilities against $588K in assets (debt-to-asset ratio: 214.6%), resulting in net assets of $-673,907.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $235K | $505K | $588K | $1.3M | — | View 990 |
| 2021 | $809K | $520K | $234K | $638K | — | View 990 |
| 2020 | $275K | $493K | $150K | $843K | — | View 990 |
| 2019 | $439K | $514K | $365K | $840K | — | View 990 |
| 2018 | $4.5M | $4.4M | $453K | $848K | — | View 990 |
| 2017 | $89K | $714K | $658K | $1.1M | — | View 990 |
| 2016 | $100K | $644K | $438K | $289K | — | View 990 |
| 2015 | $3.3M | $2.3M | $962K | $270K | — | View 990 |
| 2014 | $275K | $331K | $765K | $994K | — | View 990 |
| 2013 | $487K | $274K | $214K | $387K | — | View 990 |
| 2012 | $433K | $459K | $354K | $882K | — | View 990 |
| 2011 | $883K | $523K | $426K | $929K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $235K, expenses of $505K, and assets of $588K (revenue -71.0% year-over-year).
- 2021: Revenue of $809K, expenses of $520K, and assets of $234K (revenue +193.7% year-over-year).
- 2020: Revenue of $275K, expenses of $493K, and assets of $150K (revenue -37.3% year-over-year).
- 2019: Revenue of $439K, expenses of $514K, and assets of $365K (revenue -90.3% year-over-year).
- 2018: Revenue of $4.5M, expenses of $4.4M, and assets of $453K (revenue +4972.0% year-over-year).
- 2017: Revenue of $89K, expenses of $714K, and assets of $658K (revenue -11.2% year-over-year).
- 2016: Revenue of $100K, expenses of $644K, and assets of $438K (revenue -96.9% year-over-year).
- 2015: Revenue of $3.3M, expenses of $2.3M, and assets of $962K (revenue +1088.8% year-over-year).
- 2014: Revenue of $275K, expenses of $331K, and assets of $765K (revenue -43.6% year-over-year).
- 2013: Revenue of $487K, expenses of $274K, and assets of $214K (revenue +12.5% year-over-year).
- 2012: Revenue of $433K, expenses of $459K, and assets of $354K (revenue -51.0% year-over-year).
- 2011: Revenue of $883K, expenses of $523K, and assets of $426K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Parliament Of The Worlds Religions:
Data Sources and Methodology
This transparency report for Parliament Of The Worlds Religions 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.