PARENTS ENGAGING PARENTS

EIN: 844647284 501(c)(3) Education

NEWARK, NJ

Total Revenue
$224,575
Total Expenses
$232,053
Total Assets
$46,738
Net Assets
$42,511
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
NJ
Principal Officer
ALTORICE FRAZIER
Phone
9734865051
Tax Period
2023-07-01 to 2024-06-30

PARENTS ENGAGING PARENTS, founded in 2020, is a small nonprofit in the Education sector that reported $225K in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum.

Mission

PARENTS NBSP;ENGAGING NBSP;PARENTS NBSP;IS NBSP;ON NBSP;A NBSP;MISSION NBSP;TO NBSP;PROMOTE NBSP;CIVIC NBSP;AWARENESS NBSP;AND NBSP;PROACTIVE NBSP;COMMUNITY NBSP;ADVOCACY NBSP;BY NBSP;ADVANCING NBSP;THE NBSP;INTERESTS NBSP;OF NBSP;PARENTS NBSP;AND NBSP;COMMUNITIES

Program Service Accomplishments

Program 1
Expenses: $97,697

PROGRAM EXPENSE FOR DOING COMMUNITY WORK FUNDED BY THE TEPPER FOUNDATION. THIS COMMUNITY WORK INVOLVES PROVIDING POSITIVE OPPORTUNITIES TO STUDENTS.

Program 2
Expenses: $22,270

PROGRAM EXPENSE FOR DOING COMMUNITY WORK FUNDED BY THE TURRELL FUND. THIS COMMUNITY WORK INVOLVES PROVIDING POSITIVE OPPORTUNITIES TO STUDENTS.

Program 3
Expenses: $5,701

PROGRAM EXPENSE FOR DOING COMMUNITY WORK FUNDED BY THE PACIFICA ENVIRONMENTAL FAMILY. THIS COMMUNITY WORK INVOLVES PROVIDING ENVIRONMENTAL IMPROVEMENTS TO RESIDENTS INTHE COMMUNITY.

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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 $224,575
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $224,575

Expense Breakdown

Grants Paid $0
Salaries & Benefits $102,006
Fundraising Expenses $0
Program Expenses $137,885
Other Expenses $130,047
TOTAL EXPENSES $232,053

Year-over-Year Comparison

2023 2022 Change
Revenue $224,575 $169,860 +0.3%
Expenses $232,053 $366,466 -0.4%
Net Income $-7,478 $-196,606 -1.0%
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
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
0
$0
Total Directors
4
$98,000
Key Employees
1
$98,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALTORICE FRAZIER EXECUTIVE DIRECTOR 050.00
Director Key Emp Highest
$98,000 $0 $98,000
RASHON MICKENS DIRECTOR 005.00
Director
$0 $0 $0
SHELLEY SKINNER DIRECTOR 005.00
Director
$0 $0 $0
MARIETTA COZZI DIRECTOR 005.00
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
2025 No data No data No data No data
2024 $224,575 $232,053 $46,738 $-7,478
2023 $169,860 $366,466 $67,825 $-196,606
2022 $322,111 $205,641 $254,827 $116,470
2021 $264,850 $135,969 $128,744 $128,881
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