Parent Power Lab Inc (EIN 874513034) - Form 990 Financial Analysis & Trantor Score

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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

2022

Legal Domicile

Phone

8162267327

Tax Period

2024-01-01 to 2024-12-31

Parent Power Lab Inc, founded in 2022, is a small nonprofit in the Human Services sector that reported $369K in total revenue in fiscal year 2024. Revenue surged 50% from the prior year, signaling strong growth momentum. The organization ran a surplus of $72K, a strong 20% operating margin.

Mission

The Parent Power Lab exists to amplify the collective agency of Parents to impact public education in transformative ways.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $368,790

Program Service Revenue $500

Investment Income $0

Other Revenue $0

TOTAL REVENUE $369,290

Expense Breakdown

Grants Paid $0

Salaries & Benefits $208,902

Fundraising Expenses $0

Program Expenses $267,381

Other Expenses $88,229

TOTAL EXPENSES $297,131

Year-over-Year Comparison

	2024	2023	Change
Revenue	$369,290	$246,386	+0.5%
Expenses	$297,131	$362,724	-0.2%
Net Income	$72,159	$-116,338	-1.6%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

105

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

$85,000

Total Directors

$85,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Spark Bookhart	Chair	40.00	Officer Director	$85,000	$0	$85,000
Walter J Crawford	Board Member	1.00	Director	$0	$0	$0
Garrett Webster	Board Member	1.00	Director	$0	$0	$0
Linwood Tauheed	Vice-chair	1.00	Officer Director	$0	$0	$0
Angela DeWilde	Secretary	1.00	Officer Director	$0	$0	$0
Yvonne Hampton	Treasurer	1.00	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
2024	$369,290	$297,131	$365,722	$72,159
2023	$246,386	$362,724	$309,677	$-116,338
2022	$456,752	$118,685	$338,229	$338,067

Parent Power Lab Inc