PARALLEL HOPE SCHOOLS INC (EIN 823717614) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

Annette Laguerre

Phone

2405144475

Tax Period

2024-07-01 to 2025-06-30

PARALLEL HOPE SCHOOLS INC, founded in 2017, is a micro nonprofit in the Education sector that reported $3K in total revenue in fiscal year 2024. Revenue fell 51% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1K, a strong 49% operating margin.

Mission

Parallel Hope Schools, Inc. will be a place for the purposeful education of children and will work to establish schools designed to train and educate children for success in their own purpose, using the tools through which they best learn, and will educate and prepare students for a career or college and life.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,770

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,770

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,409

Other Expenses $1,409

TOTAL EXPENSES $1,409

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,770	$5,700	-0.5%
Expenses	$1,409	$7,379	-0.8%
Net Income	$1,361	$-1,679	-1.8%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Frank Clark	Chair	2	Officer Director	$0	$0	$0
Pius Ogbewe	Vice Chair	1	Officer Director	$0	$0	$0
Robert Silberman	Board member	1	Director	$0	$0	$0
Annette Laguerre	Administrator and Treasurer	20	Officer Key Emp	$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
2025	$2,770	$1,409	$7,236	$1,361
2024	$5,700	$7,379	$5,875	$-1,679
2023	$1,344	$7,222	$7,554	$-5,878
2022	$11,538	$2,744	$13,432	$8,794
2021	$4,847	$1,323	$4,638	$3,524
2020	$1,651	$784	$1,114	$867
2019	$646	$920	$247	$-274

PARALLEL HOPE SCHOOLS INC