PARENT CHOICE INC

EIN: 814489920 501(c)(3) Education

WEST ALLIS, WI

Total Revenue
$1,134,103
Total Expenses
$603,471
Total Assets
$1,788,399
Net Assets
$1,755,141
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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
2016
Legal Domicile
WI
Principal Officer
NICHOLAS KELLY
Phone
4143199160
Tax Period
2023-01-01 to 2023-12-31

PARENT CHOICE INC, founded in 2016, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 72% from the prior year, signaling strong growth momentum. The organization ran a surplus of $531K, a strong 47% operating margin.

Mission

SUPPORT SCHOOL CHOICE WISCONSIN, INC. AND OTHERS SEEKING TO EXPAND QUALITY EDUCATIONAL OPTIONS.

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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 $1,111,800
Program Service Revenue $0
Investment Income $22,303
Other Revenue $0
TOTAL REVENUE $1,134,103

Expense Breakdown

Grants Paid $500,000
Salaries & Benefits $82,667
Fundraising Expenses $5,124
Program Expenses $587,463
Other Expenses $20,804
TOTAL EXPENSES $603,471

Year-over-Year Comparison

2023 2022 Change
Revenue $1,134,103 $658,990 +0.7%
Expenses $603,471 $382,658 +0.6%
Net Income $530,632 $276,332 +0.9%
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
8
Independent Members
7
Employees
N/A
Volunteers
21

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
$189,040
Total Directors
8
$46,731
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT DEKOCH CHAIR 1.00
Officer Director
$0 $0 $0
RICHARD LAABS TREASURER 1.00
Officer Director
$0 $0 $0
SUSAN MITCHELL SECRETARY (THRU 6.30.2023) 1.00
Officer Director
$0 $0 $46,731
ANDREW NEUMAN DIRECTOR 1.00
Director
$0 $0 $0
TAMARA OLIVAS DIRECTOR 1.00
Director
$0 $0 $0
JAMES KITZINGER DIRECTOR 1.00
Director
$0 $0 $0
HEATHER WEININGER DIRECTOR 1.00
Director
$0 $0 $0
CATE ZEUSKE DIRECTOR 1.00
Director
$0 $0 $0
NICHOLAS KELLY PRESIDENT 1.00
Officer
$0 $2,500 $142,309
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 $1,134,103 $603,471 $1,788,399 $530,632
2022 $658,990 $382,658 $1,241,911 $276,332
2021 $713,034 $339,540 $946,974 $373,494
2020 $1,085,424 $1,053,071 $595,357 $32,353
2019 $604,172 $700,660 $558,308 $-96,488
2018 $1,177,875 $1,045,786 $641,197 $132,089
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