PARENTS INC (EIN 990167293) - 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

1978

Legal Domicile

Principal Officer

JOSHUA GAOTEOTE

Phone

8082350255

Tax Period

2022-07-01 to 2023-06-30

PARENTS INC, founded in 1978, is a community nonprofit in the Crime & Legal sector that reported $2.0M in total revenue in fiscal year 2022.

Mission

TO STRENGTHEN FAMILIES BY PROVIDING RESOURCES, SKILLS, SUPPORT AND ADVOCACY TO CREATE A CYCLE OF POSITIVE PARENTING.

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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 (2022)

Revenue Breakdown

Contributions & Grants $1,921,892

Program Service Revenue $25,019

Investment Income $2,299

Other Revenue $3,753

TOTAL REVENUE $1,952,963

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,537,775

Fundraising Expenses $8,203

Program Expenses $1,799,783

Other Expenses $427,170

TOTAL EXPENSES $1,964,945

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,952,963	$2,004,441	0.0%
Expenses	$1,964,945	$2,006,687	0.0%
Net Income	$-11,982	$-2,246	+4.3%

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

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

$99,043

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHLEEN KREINIK	PRESIDENT/TREASURER	3.00	Officer Director	$0	$0	$0
DENNIS POTTS	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
CYNTHIA MAYER	DIRECTOR	1.00	Director	$0	$0	$0
LISA GROULX	EXECUTIVE DIRECTOR	50.00	Officer	$93,931	$5,112	$99,043

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	$1,952,963	$1,964,945	$652,002	$-11,982
2022	$2,004,441	$2,006,687	$794,291	$-2,246
2022	$2,004,441	$2,006,687	$794,291	$-2,246
2021	$2,087,893	$2,097,565	$683,001	$-9,672
2020	$2,127,165	$2,120,084	$620,328	$7,081
2019	$1,978,866	$1,983,787	$516,121	$-4,921
2018	$2,000,607	$1,982,116	$536,374	$18,491

PARENTS INC