Parmenter Place
EIN: 271519247 · Concord, NH · NTEE: L20
| Metric | Value |
|---|---|
| Total Revenue | $469K |
| Total Expenses | $453K |
| Net Assets | $-1,509,831 |
Is Parmenter Place Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Parmenter Place
Parmenter Place (EIN: 271519247) is a nonprofit organization based in Concord, NH, classified under NTEE code L20. The organization reported total revenue of $469K and total assets of $3.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Parmenter Place's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Parmenter Place is a small nonprofit that has been operating for 15 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -0.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $382K |
| Total Expenses | $453K |
| Surplus / Deficit | $-71,032 |
| Total Assets | $3.8M |
| Total Liabilities | $5.3M |
| Net Assets | $-1,509,831 |
| Operating Margin | -18.6% |
| Debt-to-Asset Ratio | 139.7% |
| Months of Reserves | 100.7 months |
Financial Health Grade: C
In 2024, Parmenter Place reported a deficit of $71K with expenses exceeding revenue, holds 100.7 months of operating reserves (strong position), has a debt-to-asset ratio of 139.7% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Parmenter Place's revenue has declined at a compound annual growth rate (CAGR) of -0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +20.2% | +2.1% | -0.5% |
| 2023 | +8.1% | +2.6% | -2.4% |
| 2022 | +2.1% | +20.2% | -4.0% |
| 2021 | -45.6% | -13.9% | -2.4% |
| 2020 | +1.2% | +5.0% | -3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Parmenter Place 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 Parmenter Place 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $71K, with expenses exceeding revenue.
- Debt-to-asset ratio: 139.7%.
Frequently Asked Questions about Parmenter Place
Is Parmenter Place a legitimate charity?
Parmenter Place (EIN: 271519247) is a registered tax-exempt nonprofit based in New Hampshire. It has 14 years of IRS 990 filings on record. Total revenue: $469K. No red flags identified. Financial health grade: C.
How does Parmenter Place spend its money?
Parmenter Place reported $469K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Parmenter Place tax-deductible?
Parmenter Place is registered as a tax-exempt nonprofit (EIN: 271519247). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Parmenter Place located?
Parmenter Place is headquartered in Concord, New Hampshire and files with the IRS under EIN 271519247. It is classified under NTEE code L20.
How many years of IRS 990 filings does Parmenter Place have?
Parmenter Place has 14 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 $469K in total revenue.
Filing History
IRS 990 filing history for Parmenter Place showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Parmenter Place's revenue has declined by 7.2%, moving from $411K to $382K. Total assets decreased by 27.9% over the same period, from $5.3M to $3.8M. Total functional expenses rose by 24%, from $365K to $453K. In its most recent filing year (2024), Parmenter Place reported a deficit of $71K, with expenses exceeding revenue. The organization holds $5.3M in liabilities against $3.8M in assets (debt-to-asset ratio: 139.7%), resulting in net assets of $-1,509,831.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $382K | $453K | $3.8M | $5.3M | — | — |
| 2023 | $317K | $443K | $3.8M | $5.3M | — | View 990 |
| 2022 | $294K | $432K | $3.9M | $5.2M | — | View 990 |
| 2021 | $288K | $359K | $4.1M | $5.2M | — | View 990 |
| 2020 | $529K | $417K | $4.2M | $2.8M | — | View 990 |
| 2019 | $523K | $397K | $4.3M | $3.1M | — | View 990 |
| 2018 | $523K | $382K | $4.4M | $3.3M | — | View 990 |
| 2017 | $532K | $395K | $4.6M | $3.6M | — | View 990 |
| 2016 | $523K | $379K | $4.7M | $3.8M | — | View 990 |
| 2015 | $524K | $365K | $4.8M | $4.1M | — | View 990 |
| 2014 | $525K | $358K | $4.9M | $4.4M | — | View 990 |
| 2013 | $524K | $367K | $5.1M | $4.7M | — | View 990 |
| 2012 | $521K | $347K | $5.2M | $5.0M | — | View 990 |
| 2011 | $411K | $365K | $5.3M | $5.2M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $382K, expenses of $453K, and assets of $3.8M (revenue +20.2% year-over-year).
- 2023: Revenue of $317K, expenses of $443K, and assets of $3.8M (revenue +8.1% year-over-year).
- 2022: Revenue of $294K, expenses of $432K, and assets of $3.9M (revenue +2.1% year-over-year).
- 2021: Revenue of $288K, expenses of $359K, and assets of $4.1M (revenue -45.6% year-over-year).
- 2020: Revenue of $529K, expenses of $417K, and assets of $4.2M (revenue +1.2% year-over-year).
- 2019: Revenue of $523K, expenses of $397K, and assets of $4.3M (revenue +-0.0% year-over-year).
- 2018: Revenue of $523K, expenses of $382K, and assets of $4.4M (revenue -1.6% year-over-year).
- 2017: Revenue of $532K, expenses of $395K, and assets of $4.6M (revenue +1.7% year-over-year).
- 2016: Revenue of $523K, expenses of $379K, and assets of $4.7M (revenue -0.1% year-over-year).
- 2015: Revenue of $524K, expenses of $365K, and assets of $4.8M (revenue -0.3% year-over-year).
- 2014: Revenue of $525K, expenses of $358K, and assets of $4.9M (revenue +0.2% year-over-year).
- 2013: Revenue of $524K, expenses of $367K, and assets of $5.1M (revenue +0.6% year-over-year).
- 2012: Revenue of $521K, expenses of $347K, and assets of $5.2M (revenue +26.7% year-over-year).
- 2011: Revenue of $411K, expenses of $365K, and assets of $5.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Parmenter Place:
Data Sources and Methodology
This transparency report for Parmenter Place 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.