PARITY INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Principal Officer

MARIAN EDMONDS-ALLEN

Phone

9174418638

Tax Period

2019-01-01 to 2019-12-31

PARITY INC, founded in 1997, is a small nonprofit in the Religion sector that reported $113K in total revenue in fiscal year 2019. Revenue decreased 17% compared to the prior year. Expenses of $131K exceeded revenue, resulting in a 16% operating deficit.

Program Service Accomplishments

Program 1

Expenses: $65,165 Revenue: $0

GENERAL - WE WERE AVAILABLE FOR, AND ENGAGED IN, PREACHING, EDUCATION AND PASTORAL CARE FOR OUR MEMBERS CONGREGATION THROUGHOUT THE YEAR. WE WORK WITH CLERGY AND LAITY WHO ARE COMING OUT OF THE...

GENERAL - WE WERE AVAILABLE FOR, AND ENGAGED IN, PREACHING, EDUCATION AND PASTORAL CARE FOR OUR MEMBERS CONGREGATION THROUGHOUT THE YEAR. WE WORK WITH CLERGY AND LAITY WHO ARE COMING OUT OF THE CLOSET AS WELL AS HELP TO EDUCATE CONGREGATION ON HOW THEY CAN BECOME MORE WELCOMING TO LGBTQIA INDIVIDUALS

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $113,069

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $113,069

Expense Breakdown

Grants Paid $0

Salaries & Benefits $44,500

Fundraising Expenses $0

Program Expenses $65,165

Other Expenses $86,475

TOTAL EXPENSES $130,975

Year-over-Year Comparison

	2019	2018	Change
Revenue	$113,069	$136,278	-0.2%
Expenses	$130,975	$90,128	+0.5%
Net Income	$-17,906	$46,150	-1.4%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

$44,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SONTAIA BRIGGS	PRESIDENT	4.00	Director	$0	$0	$0
DR RENAIR AMIN	TREASURER	2.00	Director	$0	$0	$0
REV ROBERTO OCHOA	SECRETARY	2.00	Director	$0	$0	$0
PELAYO ALVAREZ	TRUSTEE	1.00	Director	$0	$0	$0
DR STEVE SPRINKLE	TRUSTEE	1.00	Director	$0	$0	$0
REVELIVETTE MENDEZ ANGULO	TRUSTEE	1.00	Director	$0	$0	$0
PASTOR SUE WEBLEY	TRUSTEE	1.00	Director	$0	$0	$0
KIMBERLY ANDERSON	TRUSTEE	1.00	Director	$0	$0	$0
REV MARIAN EDMONDS-ALLEN	EXECUTIVE DIRECTOR	40.00	Officer	$44,500	$0	$44,500

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
2019	$113,069	$130,975	$105,940	$-17,906
2018	$136,278	$90,128	$123,846	$46,150