The Parris Foundation

EIN: 264041884 501(c)(3) Education

Houston, TX

Total Revenue
$1,680,027
Total Expenses
$1,656,665
Total Assets
$310,246
Net Assets
$121,312
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
TX
Principal Officer
Katherine Bacon
Phone
8326478234
Tax Period
2023-09-01 to 2024-08-31

The Parris Foundation, founded in 2008, is a community nonprofit in the Education sector that reported $1.7M in total revenue in fiscal year 2023.

Mission

To provide free services to underserved communities in Houston, Texas. The Foundation's goals are to provide personal, academic, and professional growth opportunities.

Program Service Accomplishments

Program 1
Expenses: $1,511,491

Educational Services Program - The Foundation provides educational support to first-generation, low-income, and under-represented populations. Post-secondary services include assistance in preparing...

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Educational Services Program - The Foundation provides educational support to first-generation, low-income, and under-represented populations. Post-secondary services include assistance in preparing for college entrance examinations, in completing college admission applications, and with financial aid applications. The Foundation offers guidance on and assistance with secondary school reentry, entry to General Education Development (GED) programs, and other alternative education programs for secondary school dropouts. Career exploration and job shadowing are offered when students are exposed to careers requiring a post-secondary degree. Credit Recovery alternative programs allow high school students to recover course credits from classes they have missed or failed. 1,206 students were served by these programs.

Program 2
Expenses: $53,306

Crime Victim Services - This program assists with crime victim compensation, information and referral, crisis intervention, individual and group counseling, assistance with victim impact panels and...

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Crime Victim Services - This program assists with crime victim compensation, information and referral, crisis intervention, individual and group counseling, assistance with victim impact panels and statements, and crime victim follow-up and advocacy. Five hundred and seventy-one (571) victims were served through this program. From September 1, 2023, to August 31, 2024, two (2) volunteer graduate counseling interns donated 1,201.75 hours of counseling sessions. The fair market value of these donated services is approximately $30,043.75.

Program 3
Expenses: $2,200

Scholarship & Educational Funding Program awards scholarships to graduating high school seniors for up to four years of undergraduate study, provided that the recipient maintains a minimum cumulative...

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Scholarship & Educational Funding Program awards scholarships to graduating high school seniors for up to four years of undergraduate study, provided that the recipient maintains a minimum cumulative grade point average of 2.5 on a 4.0 scale. Six recipients have received scholarships from this program.Scholarship & Educational Funding Program - awards scholarships to graduating high school seniors for up to 4 years of undergraduate study for any recipient who maintains a minimum cumulative grade point average of 2.5 on a 4.0 scale. Six recipients received a scholarship from this program.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,670,808
Program Service Revenue $9,219
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,680,027

Expense Breakdown

Grants Paid $2,200
Salaries & Benefits $1,095,397
Fundraising Expenses $0
Program Expenses $1,566,997
Other Expenses $559,068
TOTAL EXPENSES $1,656,665

Year-over-Year Comparison

2023 2022 Change
Revenue $1,680,027 $1,631,209 +0.0%
Expenses $1,656,665 $1,607,095 +0.0%
Net Income $23,362 $24,114 0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
6
Employees
43
Volunteers
10

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
4
$77,033
Total Directors
8
$77,033
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Katherine Bacon Chair/Executive Director 40.00
Officer Director
$0 $0 $0
Alfred Bacon Vice-Chair/Vice President 60.00
Officer Director
$77,033 $0 $77,033
Angela Hartmann Secretary 3.00
Officer Director
$0 $0 $0
Ty Johnson Treasurer 2.00
Officer Director
$0 $0 $0
Victor Cortez Director 1.00
Director
$0 $0 $0
Tanya Tlynn Harrison Director 1.00
Director
$0 $0 $0
Milton Smith Director 1.00
Director
$0 $0 $0
Kenneth Williams Director 1.00
Director
$0 $0 $0
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
2025 No data No data No data No data
2024 $1,680,027 $1,656,665 $310,246 $23,362
2023 $1,631,209 $1,607,095 $391,948 $24,114
2022 $1,165,222 $1,167,423 $157,165 $-2,201
2021 $1,047,359 $900,136 $108,597 $147,223
2020 $950,422 $1,025,803 $128,924 $-75,381
2019 $955,212 $970,167 $70,583 $-14,955
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