PARENTS CONNECTED

EIN: 800592329 501(c)(3) Education

ANTIOCH, CA

Total Revenue
$15,087
Total Expenses
$55,835
Total Assets
$143,345
Net Assets
$143,345
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
CA
Principal Officer
MARIA HEALY
Tax Period
2023-01-01 to 2023-12-31

PARENTS CONNECTED, founded in 2009, is a micro nonprofit in the Education sector that reported $15K in total revenue in fiscal year 2023. Revenue surged 183% from the prior year, signaling strong growth momentum. Expenses of $56K exceeded revenue, resulting in a 270% operating deficit.

Mission

CLOSING THE ACHIEVEMENT GAP AND CREATING A COLLEGE BOUND CULTURE, COLLEGE READINESS SKILLS, SAT/ACT PREP COURSES, CALIF STATE HIGH SCHOOL EXIT, ASSISTANCE WITH SCHOLARSHIP & FINANCIAL AID, COLLEGE TOURS, ETC.

Program Service Accomplishments

Program 1
Expenses: $15,475 Revenue: $15,078

ACT AND SAT BOOT CAMPS - TWICE PER ACADEMIC YEAR, PARENTS CONNECTED PROVIDES WORKSHOPS, CONDUCTED BY LEADING PROFESSIONALS, TO HELP STUDENTS PREPARE FOR THE ACT AND SAT COLLEGE ENTRANCE EXAMS. THE...

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ACT AND SAT BOOT CAMPS - TWICE PER ACADEMIC YEAR, PARENTS CONNECTED PROVIDES WORKSHOPS, CONDUCTED BY LEADING PROFESSIONALS, TO HELP STUDENTS PREPARE FOR THE ACT AND SAT COLLEGE ENTRANCE EXAMS. THE PREPARATION COURSES ARE OFFEREDAT LOW COST FOR GENERAL PARTICIPANTS. FOR THE YOUNG MEN PARTICIPATING IN OUR MENTORING PROGRAM, THE COURSES ARE MANDATORY AND OFFERED AT NO COST. ALSO, MENTEES WILL BE REFUNDED THE EXAM COST UPON PROOF OF HAVING TAKEN THE EXAM. COLLEGE TOURS - HISTORICAL BLACK COLLEGES UNIVERSITY (HBCU) TOUR: FOR THE PAST 5 YEARS, PARENTS CONNECTED HAS SPONSORED WEEK-LONG TOURS OF HISTORICAL COLLEGES AND UNIVERSITIES. STUDENTS GAIN UNIQUE INSIGHTS AND PERSPECTIVE ON THE COLLEGE TOURS. MANY STUDENTS ARE OFFERED ON THE SPOT ADMISSION. SOME STUDENTS RECEIVED SCHOLARSHIPS. TOURS ARE OFFERED AT AFFORDABLE AND COMPETITIVE RATES. NORTHERN /SOUTHERN CALIFORNIA TOUR: PARENTS CONNECTED WILL OFFER SHORT TERM TOURS TO NORTHERN/SOUTHERN CALIFORNIA TO EXPOSE STUDENTS TO COLLEGES AND UNIVERSITIES OUTSIDE OF THEIR IMMEDIATE COMMUNITY. MENTORING PROGRAM - PARENTS CONNECTED ENVISIONS A SPACE, BOTH PHYSICALLY AND EMOTIONALLY, WHERE 50 MAGNIFICENT YOUNG AFRICAN AMERICAN MALES OF OUR COMMUNITY ARE SEEN, HEARD, RESPECTED, AND VALUED. PARENTS CONNECTED HAS DEVELOPED A MENTORING PROGRAM FOCUSED ON THE YOUNG MENS ACADEMIC ACHIEVEMENTS, CHARACTER DEVELOPMENT, HEALTHY SELF-IDENTITY, AND COLLEGE READINESS. WE PROVIDE AN INDIVIDUALIZED SUPPORT SYSTEM TAILORED TO EACH YOUNG MANS NEEDS, BY CONNECTING EVERY YOUNG MAN WITH A RESPECTED AFRICAN AMERICAN MAN FROM THE COMMUNITY. FAFSA NIGHT - PARENTS CONNECTED HOSTS SEVERAL NIGHTS WHERE STUDENTS AND PARENTS WILL BE PROVIDED COMPUTER ACCESS AND GUIDANCE THROUGH EACH STEP OF COMPLETING THE FEDERAL FINANCIAL AID APPLICATION. PERSISTENCE PROGRAM - PARENTS CONNECTED FOLLOW-UP WITH GRADUATES ONCE THEY ENROLL IN COLLEGE. WE PROVIDE SUPPORT FOR THE COLLEGE ATTENDEES IN TERMS OF PROVIDING ENCOURAGEMENT, FORWARDING CARE PACKAGES, ORGANIZING ANNUAL ASSEMBLIES, AND BY COORDINATING STUDENT AMBASSADORS AT COLLEGES WHERE OUR UPPERCLASSMEN ARE ATTENDING. MATH INTENSIVE PROGRAM - OVER THE COURSE OF PROGRAM, STUDENTS UNDERGO AN INTENSIVE IMMERSION IN MATHEMATICS THAT INCLUDES THE MEMORIZATION OF BASIC MATH FACTS AND FORMULAE, THE INCREMENTAL DEVELOPMENT OF MATHEMATICS CONCEPTS, KNOWLEDGE AND USE OF ERROR MITIGATION TECHNIQUES, AND CONTINUAL REVIEW OF CONCEPTS TAUGHT. GALA - THIS EVENT IS HELD TO HONOR THE MENTEES AND MENTORS OF PARENTS CONNECTED COLLEGE ACCESS MENTORING PROGRAM. THIS IS A MILESTONE EVENT FOR PARENTS CONNECTED WHICH OCCURS EVERY FIVE YEARS. MISC PROGRAMS - CONSIST OF ALUNMI MIXER, COLLEGE APPLICATION, PARENT ENGAGEMENT, SCHOLARSHIP, AND ESSAY WRITING PROGRAMS.

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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 $15,078
Program Service Revenue $0
Investment Income $9
Other Revenue $0
TOTAL REVENUE $15,087

Expense Breakdown

Grants Paid $0
Salaries & Benefits $36,101
Fundraising Expenses $4,036
Program Expenses $15,475
Other Expenses $19,734
TOTAL EXPENSES $55,835

Year-over-Year Comparison

2023 2022 Change
Revenue $15,087 $5,322 +1.8%
Expenses $55,835 $39,750 +0.4%
Net Income $-40,748 $-34,428 +0.2%
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
4
Independent Members
4
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
3
$23,100
Total Directors
2
$13,001
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARIA HEALY PRESIDENT 10.00
Officer
$19,500 $0 $19,500
SYNITHA WALKER EXECUTIVE DIRECTOR 10.00
Director Highest
$13,001 $0 $13,001
AMBRUS REESE TREASURER 5.00
Officer
$3,600 $0 $3,600
MICHELLE BAKER TRUSTEE 5.00
Director
$0 $0 $0
NICOLE BROWN SECRETARY 5.00
Officer
$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 No data No data No data No data
2023 $15,087 $55,835 $143,345 $-40,748
2022 $5,322 $39,750 $184,094 $-34,428
2021 $5,120 $40,128 $218,522 $-35,008
2020 $146 $39,353 $253,530 $-39,207
2019 $58,968 $55,438 $292,737 $3,530
2018 $132,432 $112,666 $289,107 $19,766
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