The Parris Foundation Inc (EIN 271408011) - Form 990 Financial Analysis & Trantor Score

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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

2009

Legal Domicile

Principal Officer

Tonya Parris

Phone

8007836414

Tax Period

2023-10-01 to 2024-09-30

The Parris Foundation Inc, founded in 2009, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $404K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $378K left a modest 6% surplus.

Mission

To promote educational opportunities in Science, Technology, Engineering and Math (STEM), via scholarships and community outreach programs in distressed and underrepresented communities.

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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 (2023)

Revenue Breakdown

Contributions & Grants $403,871

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $403,871

Expense Breakdown

Grants Paid $0

Salaries & Benefits $125,945

Fundraising Expenses $28,541

Program Expenses $319,700

Other Expenses $252,070

TOTAL EXPENSES $378,015

Year-over-Year Comparison

	2023	2022	Change
Revenue	$403,871	$428,947	-0.1%
Expenses	$378,015	$406,322	-0.1%
Net Income	$25,856	$22,625	+0.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tonya O Parris	President & Founder	34	Officer Director	$0	$0	$0
Andrew Cinquina	Vice President	5	Officer Director	$0	$0	$0
Craig Van Blaricum CPA	Treasurer	5	Officer Director	$0	$0	$0
Rebecca Harrington	Junior Board Chair / Secretary	5	Director	$0	$0	$0
Carl Lightburn	Director	1	Director	$0	$0	$0
Danielle I Schaefer	Director	1	Director	$0	$0	$0
Jamaal Bourgeois	Director	1	Director	$0	$0	$0
Jamila Adams	Director	1	Director	$0	$0	$0
Karen Myrie	Director	1	Director	$0	$0	$0
Don Champion	Advisory	1	Director	$0	$0	$0
Jennifer Ingber	Advisory	1	Director	$0	$0	$0
Michelle Gardner	Advisory	1	Director	$0	$0	$0
Michael Herskovitz	Advisory	1	Director	$0	$0	$0
Benjamin A Walter	Advisory	1	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
2024	$403,871	$378,015	$725,868	$25,856
2023	$428,947	$406,322	$766,154	$22,625
2022	$320,708	$309,708	$81,879	$11,000
2021	$329,254	$354,559	$69,565	$-25,305
2020	$162,523	$180,865	$81,440	$-18,342
2019	$258,434	$300,555	$82,701	$-42,121
2018	$258,934	$356,711	$122,527	$-97,777

The Parris Foundation Inc