PARSA

EIN: 860942485 501(c)(3) International Affairs

SOUTH COLBY, WA

Total Revenue
$1,712,407
Total Expenses
$1,769,272
Total Assets
$530,626
Net Assets
$304,167
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
WA
Tax Period
2023-01-01 to 2023-12-31

PARSA, founded in 1996, is a community nonprofit in the International Affairs sector that reported $1.7M in total revenue in fiscal year 2023. Revenue surged 44% from the prior year, signaling strong growth momentum.

Mission

PARSA WORKS DIRECTLY WITH THE DISADVANTAGED PEOPLE OF AFGHANISTAN TO SUPPORT COMMUNITIES AS THEY MAKE THEIR OWN DEVELOPMENT SOLUTIONS PROMOTING SOCIAL CHANGE & A HEALTHY AND FAIR SOCIETY, ESPECIALLY FOR WOMEN & CHILDRN. BUILDING ECONOMIES FOR WOMEN, FAMILIES & YOUTH LEADRSHP.

Program Service Accomplishments

Program 1
Expenses: $1,134,105 Revenue: $1,246,143

Capacity-Building Program for Reintegration and Social Protection-Phase Two - The overall objective is to establish a reintegration program for returnees with specific needs who have returned to...

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Capacity-Building Program for Reintegration and Social Protection-Phase Two - The overall objective is to establish a reintegration program for returnees with specific needs who have returned to Afghanistan from abroad. This year PARSA completed renovation of the Trade Afghan Economic Center in Kabul and opened the facility, which holds a large training hall, commercial kitchen, gift shop, computer lab, and other facilities. The Brothers 4 Brothers International component was offered to male returnees, which includes a pyschosocial component.

Program 2
Expenses: $541,567 Revenue: $466,264

FORM 990, PAGE 2, PART III, QUESTION 4D - Other projects include Education for Sustainable Future and the Women Economic Empowerment through Livelihoods Projects, which was in developing stages in...

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FORM 990, PAGE 2, PART III, QUESTION 4D - Other projects include Education for Sustainable Future and the Women Economic Empowerment through Livelihoods Projects, which was in developing stages in 2023 and will begin serving wormen entrepreneurs in 2024.

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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 $1,711,553
Program Service Revenue $0
Investment Income $0
Other Revenue $854
TOTAL REVENUE $1,712,407

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,675,672
Other Expenses $1,769,272
TOTAL EXPENSES $1,769,272

Year-over-Year Comparison

2023 2022 Change
Revenue $1,712,407 $1,189,009 +0.4%
Expenses $1,769,272 $1,857,116 0.0%
Net Income $-56,865 $-668,107 -0.9%
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
7
Independent Members
7
Employees
N/A
Volunteers
250

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
4
$0
Total Directors
3
$0
Key Employees
1
$93,600
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARNIE GUSTAVSON EXECUTIVE DIRECTOR 40.00
Key Emp
$93,600 $0 $93,600
MICHELE BRADFORD DIRECTOR 2.00
Director
$0 $0 $0
WENDY BARRON DIRECTOR 2.00
Director
$0 $0 $0
LORRAINE MCCALL DIRECTOR 2.00
Director
$0 $0 $0
MARK WARD CHAIRMAN 2.00
Officer
$0 $0 $0
DAVID MUIRA TREASURER 2.00
Officer
$0 $0 $0
KINNE HAWES SECRETARY 2.00
Officer
$0 $0 $0
RUBY AJANEE VICE CHAIRMAN 2.00
Officer
$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 No data No data No data No data
2023 $1,712,407 $1,769,272 $530,626 $-56,865
2022 $1,189,009 $1,857,116 $521,607 $-668,107
2021 $2,453,899 $1,703,532 $1,177,012 $750,367
2020 $1,195,733 $2,116,083 $347,988 $-920,350
2019 $2,451,536 $1,190,739 $1,321,205 $1,260,797
2018 $979,957 $992,715 $54,110 $-12,758
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