Parent Revolution Inc
- Assets
- $560.9k
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 8
- Location
- Los Angeles, CA
- Founding
- 11/2005
- Data as of
- 12/2020
- EIN
- 20-2207418
Organization Overview
Parent Revolution Inc is located in Los Angeles, CA. The organization was established in 2005. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. As of 12/2020, Parent Revolution Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parent Revolution Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Parent Revolution Inc generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $1.7m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
PARENT REVOLUTION'S MISSION IS TO ENSURE THAT FAMILIES, ESPECIALLY THOSE FROM HISTORICALLY UNDERSERVED COMMUNITIES, CAN USE THEIR POWER TO SECURE AN EXCELLENT PUBLIC EDUCATION FOR THEIR CHILDREN, CHILDREN IN THEIR COMMUNITY AND ALL CHILDREN IN CALIFORNIA.PARENT REVOLUTION CONTRIBUTION OF IN KINDPROFESSIONAL SERVICES FROM KIRKLAND & ELLIS LLP. THE TOTAL HOURS OFLEGAL SERVICES PROVIDED AS OF YEAR END WAS 2,440. TOTAL FMV OF$1,000,000.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARENT REVOLUTION WORKS TO TRANSFORM PUBLIC EDUCATION BY EMPOWERING PARENTS TO TRANSFORM THEIR CHILDREN'S LOW PERFORMING SCHOOLS THROUGH COMMUNITY ORGANIZING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Seth Litt Executive Director | Officer | 55 | $179,655 |
Ashley Lautzenhizer Dir Of Comm & Strgy | 40 | $127,895 | |
Mehul Patel Organizing Director | Trustee | 40 | $90,290 |
Spencer Styles Chair | OfficerTrustee | 1 | $0 |
Marshall Tuck Member | Trustee | 2 | $0 |
Bishop Robert Douglas Member | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,787,112 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,787,112 |
| Total Program Service Revenue | $0 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,860,973 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $602,418 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $196,841 |
| Compensation of current officers, directors, key employees. | $10,423 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $444,851 |
| Pension plan accruals and contributions | $29,125 |
| Other employee benefits | $63,161 |
| Payroll taxes | $47,583 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $794 |
| Fees for services: Accounting | $48,057 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $172,018 |
| Advertising and promotion | $0 |
| Office expenses | $2,722 |
| Information technology | $16,386 |
| Royalties | $0 |
| Occupancy | $50,183 |
| Travel | $10,994 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,970 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,259 |
| Insurance | $23,698 |
| All other expenses | $3,126 |
| Total functional expenses | $1,718,186 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $550,124 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $9,576 |
| Net Land, buildings, and equipment | $1,230 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $560,930 |
| Accounts payable and accrued expenses | $174,796 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $155,487 |
| Total liabilities | $330,283 |
| Net assets without donor restrictions | $230,647 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $560,930 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Parent Revolution Inc has recieved totaling $665,500.
| Awarding Organization | Amount |
|---|---|
Walton Family Foundation Inc Bentonville, AR PURPOSE: CONDUCT POLICY ADVOCACY IN CALIFORNIA. | $350,000 |
Great Public Schools Now Los Angeles, CA PURPOSE: SUPPORT FOR PARENT REVOLUTION TO ADDRESS EDUCATIONAL INEQUITIES | $315,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alliance For College-Ready Public Schools Los Angeles, CA | $0 | $10,738,936 |
Carnegie Foundation For Advancement Teaching W Coast Office Education Stanford, CA | $131,360,777 | $20,151,205 |
Human-I-T Bell, CA | $11,089,080 | $12,233,470 |
Association Of California School Administrators Burlingame, CA | $34,914,823 | $16,453,112 |
Illustrative Mathematics Oro Valley, AZ | $5,801,016 | $11,729,780 |
California Apt Association Sacramento, CA | $10,618,601 | $9,881,237 |
Institute For Multicultural Counseling And Education Services Los Angeles, CA | $5,975,934 | $7,424,525 |
Arizona Education Association Phoenix, AZ | $8,129,999 | $7,870,679 |
Los Angeles Education Partnership Los Angeles, CA | $2,987,241 | $7,123,624 |
The Primary School Lab East Palo Alto, CA | $1,109,557 | $3,998,000 |
California Certified Organic Farmers Inc Santa Cruz, CA | $8,482,954 | $7,449,221 |
Oakland Reach Oakland, CA | $6,620,071 | $8,724,503 |