PARKER FOUNDATION INC

EIN: 364858938 501(c)(3) Health Care

PISCATAWAY, NJ

Total Revenue
$75,211,211
Total Expenses
$4,143,866
Total Assets
$1,814,706,304
Net Assets
$1,813,702,982
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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
2015
Legal Domicile
NJ
Principal Officer
ROBERTO MUNIZ
Phone
7324188614
Tax Period
2024-01-01 to 2024-12-31

PARKER FOUNDATION INC, founded in 2015, is a mid-sized nonprofit in the Health Care sector that reported $75.2M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $71.1M, a strong 94% operating margin.

Mission

THE PURPOSE OF THE CORPORATION SHALL BE TO PROVIDE AND PROMOTE A CARE CONTINUUM FOR THE AGING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $75,211,211
Other Revenue $0
TOTAL REVENUE $75,211,211

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $4,143,866
TOTAL EXPENSES $4,143,866

Year-over-Year Comparison

2024 2023 Change
Revenue $75,211,211 $80,020,732 -0.1%
Expenses $4,143,866 $4,349,499 0.0%
Net Income $71,067,345 $75,671,233 -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

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Governance

Voting Members
17
Independent Members
16
Employees
N/A
Volunteers
16

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
6
$1,196,434
Total Directors
17
$1,114,683
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERTO MUNIZ MPA FLNHA PRESIDENT/CEO 0.00
Officer Director
$0 $69,513 $831,683
MARGUERITE K SCHLAG EDD RN CHAIR 0.00
Officer Director
$0 $0 $25,000
JOHN A PAPA TREASURER 0.00
Officer Director
$0 $0 $0
JOSEPH G BRAUNREUTHER ESQ SECRETARY 0.00
Officer Director
$0 $0 $20,000
WILLIAM R HAGAMAN JR TRUSTEE 0.00
Director
$0 $0 $20,000
WILLIAM P TIBBITT TRUSTEE 0.00
Director
$0 $0 $20,000
ALFRED F TALLIA MD MPH TRUSTEE 0.00
Director
$0 $0 $20,000
JOSEPH FERRO MD TRUSTEE 0.00
Director
$0 $0 $18,000
CLIFFORD E HOLLAND TRUSTEE 0.00
Director
$0 $0 $20,000
PENELOPE LATTIMER PHD TRUSTEE 0.00
Director
$0 $0 $20,000
STEPHEN LANDERS MD TRUSTEE 0.00
Director
$0 $0 $0
MAJD ALWAN PHD TRUSTEE 0.00
Director
$0 $0 $20,000
JOSEPH DOYLE TRUSTEE 0.00
Director
$0 $0 $20,000
DENISE BOUDREAU TRUSTEE 0.00
Director
$0 $0 $20,000
DIANE HILL PHD TRUSTEE 0.00
Director
$0 $0 $20,000
JOSEPH VELDERMAN TRUSTEE 0.00
Director
$0 $0 $20,000
LINDA SCHWIMMER JD VICE-CHAIR 0.00
Officer Director
$0 $0 $20,000
NICHOLAS CARR CFO 0.00
Officer
$0 $30,539 $299,751
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 $75,211,211 $4,143,866 $1,814,706,304 $71,067,345
2023 $80,020,732 $4,349,499 $1,768,704,248 $75,671,233
2022 $52,625,120 $4,472,188 $1,688,786,679 $48,152,932
2021 $309,979,460 $5,348,903 $1,912,526,357 $304,630,557
2020 $140,389,879 $5,058,790 $1,763,460,599 $135,331,089
2019 $66,751,567 $5,573,048 $1,618,048,938 $61,178,519
2018 $67,240,884 $3,121,832 $1,373,942,622 $64,119,052
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