PARENT NEXT DOOR

EIN: 863211511 501(c)(3) Human Services

Asheville, NC

Total Revenue
$58,802
Total Expenses
$49,879
Total Assets
$466,130
Net Assets
$466,130
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
NC
Principal Officer
Jennifer Snyder
Phone
9178340069
Tax Period
2024-01-01 to 2024-12-31

PARENT NEXT DOOR, founded in 2021, is a micro nonprofit in the Human Services sector that reported $59K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. The organization ran a surplus of $9K, a strong 15% operating margin.

Mission

Parent Next Door's mission is to provide section 8 housing and supportive services to single parents within a communal environment and raise them out of poverty. The friendships that our participants foster are life transforming for them and their children. Our children will benefit growing up in a communal environment which allows for the sharing of tangible resources as well as a pool of parenting skills. It will be the Parent Next Door participants who ultimately hold one another accountable and on track to succeed. Support and friendships are paramount to a person's mental health and wellbeing, and this is what Parent Next Door offers our participants.

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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 $0
Program Service Revenue $58,802
Investment Income $0
Other Revenue $0
TOTAL REVENUE $58,802

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $49,879
Other Expenses $49,879
TOTAL EXPENSES $49,879

Year-over-Year Comparison

2024 2023 Change
Revenue $58,802 $62,027 -0.1%
Expenses $49,879 $53,074 -0.1%
Net Income $8,923 $8,953 0.0%
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
7
Independent Members
7
Employees
N/A
Volunteers
7

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
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jennifer Snyder President, Founder 5
Officer Director
$0 $0 $0
Glenn Haden Secretary 2
Officer Director
$0 $0 $0
Roxanne Wilmans Treasurer 3
Officer Director
$0 $0 $0
Ann Dial Sims Trustee 1
Director
$0 $0 $0
Peggy Holmes Trustee 1
Director
$0 $0 $0
Leeann Mayes Trustee 1
Director
$0 $0 $0
Jennifer Stradling Trustee 1
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 $58,802 $49,879 $466,130 $8,923
2023 $62,027 $53,074 $457,206 $8,953
2022 $500,038 $68,690 $448,253 $431,348
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