Operation Parent Inc
- Assets
- $137.4k
- Revenue
- $269.5k
- Investments
- $0.0
- Employees
- 8
- Location
- Buckner, KY
- Founding
- 10/2006
- Data as of
- 12/2019
- EIN
- 20-3857612
Organization Overview
Operation Parent Inc is located in Buckner, KY. The organization was established in 2006. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2017, Operation Parent Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Operation Parent 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 12/2019, Operation Parent Inc generated $269.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $309.3k during the year ending 12/2019. While expenses have increased by 10.9% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION: PARENT IS A NON-PROFIT ORGANIZATION DEDICATED TO PARENTS AND CAREGIVERS OF TEENS AND PRETEENS WITHOUT REGARD TO RACE, RELIGION OR ETHNIC ORIGIN. OUR MISSION IS TO PROVIDE ONGOING EDUCATION, SUPPORT AND HOPE TO THOSE RAISING TEENS AND PRETEENS IN TODAYS CULTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION:PARENT IS A PARENT DRIVEN ORGANIZATION. CLASSES AND EVENTS ARE DESIGNED SPECIFICALLY FOR PARENTS AND TEENS. THE PARENT HANDBOOK IS ONE OF A KIND. IT IS THE ONLY ON GOING ORGANIZATION HOSTING FACE TO FACE EDUCATIONAL OPORTUNITIES FOR PARENTS OF TEENS AND PRETEENS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean Schumm President | OfficerTrustee | 40 | $0 |
Bill Howard Past Chairman | OfficerTrustee | 0 | $0 |
Rob Houchens Chairman | OfficerTrustee | 0 | $0 |
Berry Baxter Secretary | OfficerTrustee | 0 | $0 |
Dan Joss Officer | Trustee | 0 | $0 |
Glenn White Officer | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $158,139 |
| Investment income | $170 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$5,685 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $103,423 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $269,495 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $13,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $113,698 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,316 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,295 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $54,147 |
| Office expenses | $22,679 |
| Information technology | $3,380 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,107 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,418 |
| Insurance | $1,665 |
| All other expenses | $0 |
| Total functional expenses | $309,303 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $99,325 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,961 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,745 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $5,220 |
| Other assets | $313 |
| Total assets | $137,352 |
| Accounts payable and accrued expenses | $3,023 |
| 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 | $0 |
| Total liabilities | $3,023 |
| Net assets without donor restrictions | $134,329 |
| 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 |
| Total liabilities and net assets/fund balances | $134,329 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Operation Parent Inc has recieved totaling $31,166.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $24,100 |
Mahan Foundation Inc Lagrange, KY PURPOSE: ASSIST WITH ORG CAUSE | $7,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $66 |
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