PARENTJOBNET INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

PATRICIA CRADDICK

Phone

2123622735

Tax Period

2017-07-01 to 2018-06-30

PARENTJOBNET INC, founded in 2004, is a small nonprofit that reported $721K in total revenue in fiscal year 2017. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $1.2M exceeded revenue, resulting in a 69% operating deficit.

Mission

THE ORGANIZATION WORKS IN PUBLIC SCHOOLS TO HELP PARENTS, ESPECIALLY LOW INCOME MOTHERS, ACHIEVE

Program Service Accomplishments

Program 1

Expenses: $726,218

PARENTJOBNET SUPPORTS PUBLIC SCHOOL PARENTS IN THREE CORE PROGRAM AREAS: 1) WORKFORCE TRAINING AND EDUCATION: JOB READINESS, CAREER SUPPORT, FINANCIAL LITERACY, COMPUTER, ESL AND ADULT LITERACY 2)...

PARENTJOBNET SUPPORTS PUBLIC SCHOOL PARENTS IN THREE CORE PROGRAM AREAS: 1) WORKFORCE TRAINING AND EDUCATION: JOB READINESS, CAREER SUPPORT, FINANCIAL LITERACY, COMPUTER, ESL AND ADULT LITERACY 2) JOB NETWORKING EVENTS 3) JOB PLACEMENT SERVICES WORKING IN PUBLIC SCHOOLS IN WHICH A HIGH PERCENTAGE OF FAMILIES LIVE BELOW THE POVERTY LINE, THE ORGANIZATION OFFERS PARENTS ACCESS TO THE RESOURCES THEY NEED TO OBTAIN JOBS, ENHANCE THEIR CAREERS AND IMPROVE THEIR FINANCIAL SECURITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2017)

Revenue Breakdown

Contributions & Grants $716,614

Program Service Revenue $0

Investment Income $1,245

Other Revenue $3,613

TOTAL REVENUE $721,472

Expense Breakdown

Grants Paid $0

Salaries & Benefits $846,386

Fundraising Expenses $125,750

Program Expenses $726,218

Other Expenses $357,198

TOTAL EXPENSES $1,218,584

Year-over-Year Comparison

	2017	2016	Change
Revenue	$721,472	$1,070,564	-0.3%
Expenses	$1,218,584	$1,333,787	-0.1%
Net Income	$-497,112	$-263,223	+0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$246,682

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MORGAN RODD	BOARD CHAIR	2.00	Director	$0	$0	$0
BRUCE FICKEN	DEVELOPMENT CHAIR	2.00	Director	$0	$0	$0
ALVIN MCLEAN	TREASURER/FINANCE CHAIR	2.00	Officer Director	$0	$0	$0
NILESH PATEL ESQ	BOARD MEMBER	2.00	Director	$0	$0	$0
PAGE TOLBERT	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
PATRICIA CRADDICK	EX-OFFICIO/FOUNDER/EXECUTIVE DIRECTOR	40.00	Officer	$162,182	$0	$162,182
ANTHONY S RAINEY	CHIEF OPERATING OFFICER	40.00	Officer	$84,500	$0	$84,500

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2018	$721,472	$1,218,584	$50,201	$-497,112
2018	$722,697	$1,228,949	$51,998	$-506,252