PAROLE PREPARATION PROJECT INC

EIN: 821096572 501(c)(3) Crime & Legal

NEW YORK, NY

Total Revenue
$1,436,795
Total Expenses
$1,389,111
Total Assets
$795,993
Net Assets
$612,958
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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
2017
Legal Domicile
NY
Principal Officer
MICHELLE LEWIN
Phone
4042476930
Tax Period
2024-01-01 to 2024-12-31

PAROLE PREPARATION PROJECT INC, founded in 2017, is a community nonprofit in the Crime & Legal sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 44% from the prior year, signaling strong growth momentum. Expenses of $1.4M left a modest 3% surplus.

Mission

PRIMARY EXEMPT PURPOSE - THE PAROLE PREPARATIONPROJECT COLLABORATES WITH AND ADVOCATES FOR PAROLE-ELIGIBLE PEOPLESERVING LIFE SENTENCES IN NEW YORK STATE PRISONS. WE TRAIN VOLUNTEERSTO WORK ALONGSIDE PAROLE APPLICANTS, MANY OF WHOM HAVE SPENT DECADES INPRISON AND HAVE BEEN REPEATEDLY DENIED PAROLE, DESPITE THEIRELIGIBILITY FOR RELEASE.

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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 $1,436,795
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,436,795

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,110,412
Fundraising Expenses $62,874
Program Expenses $923,905
Other Expenses $278,699
TOTAL EXPENSES $1,389,111

Year-over-Year Comparison

2024 2023 Change
Revenue $1,436,795 $997,407 +0.4%
Expenses $1,389,111 $1,109,402 +0.3%
Net Income $47,684 $-111,995 -1.4%
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
N/A
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
1
$125,000
Total Directors
11
$125,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHELLE LEWIN EXECUTIVE DIRECTOR 40.00
Officer Director
$125,000 $0 $125,000
JOSE DI LENOLA BOARD MEMBER 5.00
Director
$0 $0 $0
NORA CARROLL CO-PRESIDENT 10.00
Director
$0 $0 $0
MARTHA RAYNER BOARD MEMBER 2.00
Director
$0 $0 $0
ISSAC ZAUR BOARD MEMBER 3.00
Director
$0 $0 $0
ISSA KOHLER-HAUSSMAN BOARD MEMBER 3.00
Director
$0 $0 $0
PAUL CATES BOARD MEMBER 3.00
Director
$0 $0 $0
ALEJO RODRIGUEZ BOARD MEMBER 3.00
Director
$0 $0 $0
ROSLYN D SMITH BOARD MEMBER 5.00
Director
$0 $0 $0
JASON D WILLIAMSON BOARD MEMBER 5.00
Director
$0 $0 $0
STEVEN ZEIDMAN BOARD MEMBER 5.00
Director
$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 $1,436,795 $1,389,111 $795,993 $47,684
2023 $997,407 $1,109,402 $607,200 $-111,995
2022 $947,371 $809,896 $793,583 $137,475
2021 $736,104 $754,580 $541,840 $-18,476
2020 $762,218 $434,482 $560,231 $327,736
2019 $305,843 $293,492 $234,390 $12,351
2018 $284,175 $135,433 $220,034 $148,742
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