PARITYORG INC (FKA OPERATION 50-50 INC)

EIN: 820904363 501(c)(3) Civil Rights & Advocacy

ARLINGTON, VA

Total Revenue
$249,976
Total Expenses
$423,607
Total Assets
$357,008
Net Assets
$355,898
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
NY
Principal Officer
CATHRIN STICKNEY
Phone
4155005875
Tax Period
2023-01-01 to 2023-12-31

PARITYORG INC (FKA OPERATION 50-50 INC), founded in 2017, is a small nonprofit in the Civil Rights & Advocacy sector that reported $250K in total revenue in fiscal year 2023. Revenue fell 74% from the prior year — a significant decline worth monitoring. Expenses of $424K exceeded revenue, resulting in a 69% operating deficit.

Mission

TO EDUCATE THE PUBLIC ABOUT, AND TO ADVOCATE FOR, THE PRESENCE OF WOMEN IN CORPORATE MANAGEMENT AND GOVERNMENT POSITIONS.

Program Service Accomplishments

Program 1

PARITYPLEDGE MADE BY 18 COMPANIES:EIGHTEEN COMPANIES TOOK THE PARITYPLEDGE COMMITTING TO PRIORITIZE INTERVIEWS WITH UNDERREPRESENTED CANDIDATES FOR LEADERSHIPS ROLES.

Program 2
Expenses: $319,222 Revenue: $10,072

50 COMPANIES IMPLEMENT PARITYMODELS:FIFTY COMPANIES DOWNLOADED OUR PARITYMODELS THIS YEAR, REPRESENTING A SIGNIFICANT MILESTONE IN PROMOTING EQUITABLE HIRING AND PROMOTION PRACTICES. THIS INITIAL...

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50 COMPANIES IMPLEMENT PARITYMODELS:FIFTY COMPANIES DOWNLOADED OUR PARITYMODELS THIS YEAR, REPRESENTING A SIGNIFICANT MILESTONE IN PROMOTING EQUITABLE HIRING AND PROMOTION PRACTICES. THIS INITIAL SUCCESS LAYS A STRONG FOUNDATION FOR BROADER IMPLEMENTATION AND MORE DOWNLOADS IN THE FUTURE.

Program 3

2023 BEST COMPANIES FOR PEOPLE OF COLOR TO ADVANCE:WE ANNOUNCED OUR FIRST 2023 BEST COMPANIES FOR PEOPLE OF COLOR TO ADVANCE LIST, AN ANNUAL PROGRAM RECOGNIZING ORGANIZATIONS THAT ARE CREATING THE...

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2023 BEST COMPANIES FOR PEOPLE OF COLOR TO ADVANCE:WE ANNOUNCED OUR FIRST 2023 BEST COMPANIES FOR PEOPLE OF COLOR TO ADVANCE LIST, AN ANNUAL PROGRAM RECOGNIZING ORGANIZATIONS THAT ARE CREATING THE CULTURE AND CONDITIONS IN WHICH PEOPLE OF COLOR CAN RISE. EIGHTEEN COMPANIES MADE THE 2023 LIST, INCLUDING BEST BUY, BLUE SHIELD OF CALIFORNIA, CAPRI HOLDINGS LIMITED, NASDAQ, RALPH LAUREN CORPORATION, AND THE CLOROX COMPANY.

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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 $239,904
Program Service Revenue $10,072
Investment Income $0
Other Revenue $0
TOTAL REVENUE $249,976

Expense Breakdown

Grants Paid $0
Salaries & Benefits $206,957
Fundraising Expenses $29,651
Program Expenses $319,222
Other Expenses $216,650
TOTAL EXPENSES $423,607

Year-over-Year Comparison

2023 2022 Change
Revenue $249,976 $979,968 -0.7%
Expenses $423,607 $671,606 -0.4%
Net Income $-173,631 $308,362 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
1
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
1
$0
Total Directors
4
$187,794
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CATHRIN STICKNEY FOUNDER, CEO, CFO, EXECUTIVE CHAIR 1.00
Officer Director
$0 $0 $0
CAROLYN MAGILL DIRECTOR, TREASURER 1.00
Director
$0 $0 $0
AMY KENNEDY DIRECTOR, SECRETARY 1.00
Director
$0 $0 $0
DINA SCHENK PRESIDENT, VP OF MARKETING 40.00
Director
$187,794 $0 $187,794
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 $249,976 $423,607 $357,008 $-173,631
2022 $979,968 $671,606 $530,785 $308,362
2021 $657,602 $648,046 $207,737 $9,556
2020 $251,000 $318,763 $211,877 $-67,763
2019 $320,042 $214,582 $255,324 $105,460
2018 $293,770 $147,039 $186,756 $146,731
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