PARENTS UNITE INC

EIN: 871178681 501(c)(3) Education

WESTBOROUGH, MA

Total Revenue
$276,521
Total Expenses
$300,371
Total Assets
$10,719
Net Assets
$10,719
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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
2021
Legal Domicile
DE
Principal Officer
ASHLEY JACOBS
Phone
5082036912
Tax Period
2022-01-01 to 2022-12-31

PARENTS UNITE INC, founded in 2021, is a small nonprofit in the Education sector that reported $277K in total revenue in fiscal year 2022.

Mission

PARENTS UNITE, INC'S MISSION IS TO ENSURE THAT K-12 INDEPENDENT SCHOOLS PROMOTE A CULTURE THAT VALUES AND PRIORITIZES TRUE DIVERSITY OF THOUGHT, FREEDOM OF DISCOURSE, AND SELF-EXPRESSION.

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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 (2022)

Revenue Breakdown

Contributions & Grants $256,184
Program Service Revenue $20,337
Investment Income $0
Other Revenue $0
TOTAL REVENUE $276,521

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $259,086
Other Expenses $300,371
TOTAL EXPENSES $300,371

Year-over-Year Comparison

2022 2021 Change
Revenue $276,521 $257,735 +0.1%
Expenses $300,371 $223,166 +0.3%
Net Income $-23,850 $34,569 -1.7%
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
3
Independent Members
3
Employees
N/A
Volunteers
3

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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ASHLEY JACOBS PRESIDENT/EXECUTIVE DIRECT 35.00
Officer Director
$0 $0 $0
JEAN EGAN TREASURER 5.00
Officer Director
$0 $0 $0
ALLISON ACHTMEYER SECRETARY 5.00
Officer 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
2022 $276,521 $300,371 $10,719 $-23,850
2021 $257,735 $223,166 $34,569 $34,569
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