Rockville, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
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. Parallel Hope Schools, Inc., will provide a safe and loving environment for students to learn. Parallel Hope Schools, Inc., will seek excellence in all that we do.
Establish an operational school program, including raising public awareness of the new school program. This is being accomplished using volunteers, with the exception of the zoning process and the...
Establish an operational school program, including raising public awareness of the new school program. This is being accomplished using volunteers, with the exception of the zoning process and the website rebuild. Work being done is: - Filing appropriate paperwork for operation; - Attempt to secure zoning for the school location; - Raising funds for the initial operating expenses and location
Establish a curriculum and library for the educational program.
Continue to establish foundational regulations, roles, and bylaws. Completed by volunteers.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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
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$0 | $0 | $0 |
| Annette Laguerre | Administrator and Treasurer | 20 |
Officer
Key Emp
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$0 | $0 | $0 |
| 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 |
Compare PARALLEL HOPE SCHOOLS INC with other nonprofits in Maryland and across the country.