The Parc
- Assets
- $647.5k
- Revenue
- $351.3k
- Investments
- $0.0
- Employees
- 5
- Location
- Amarillo, TX
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-4790841
Organization Overview
The Parc is located in Amarillo, TX. The organization was established in 2014. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. As of 12/2021, Parc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parc 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 12/2021, Parc generated $351.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.4% each year . All expenses for the organization totaled $221.7k during the year ending 12/2021. While expenses have increased by 15.3% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
A CARING, RELATIONAL PLACE THAT PROMOTES A SENSE OF SELF-WORTH AND HELPS THE HOMELESS BECOME AWARE OF THEIR POSSIBILITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATED A DAYTIME FACILITY FOR THE HOMELESS POPULATION OF AMARILLO, PROVIDING A POSITIVE ENVIRONMENT FOR THE MEMBERS ON A DAILY BASIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Valerie Gooch Executive Di | OfficerTrustee | 40 | $55,926 |
Alicia Cartrite Director | Trustee | 1 | $20,217 |
Scott Dillard President | OfficerTrustee | 1 | $0 |
Dillon Dunn Vice Preside | OfficerTrustee | 1 | $0 |
Royce Gooch Secretary | OfficerTrustee | 1 | $0 |
Brittany Cope Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $22,000 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $317,280 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $339,280 |
| Total Program Service Revenue | $0 |
| Investment income | $278 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $11,787 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $351,345 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $76,143 |
| Compensation of current officers, directors, key employees. | $8,389 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $65,977 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,316 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $913 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,980 |
| Advertising and promotion | $0 |
| Office expenses | $5,092 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,358 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,195 |
| Interest | $3,015 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,978 |
| Insurance | $5,721 |
| All other expenses | $107 |
| Total functional expenses | $221,686 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,897 |
| Savings and temporary cash investments | $187,863 |
| 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 | $0 |
| Net Land, buildings, and equipment | $293,772 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $647,532 |
| Accounts payable and accrued expenses | $0 |
| 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 | $64,091 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,366 |
| Total liabilities | $67,457 |
| Net assets without donor restrictions | $447,591 |
| Net assets with donor restrictions | $132,484 |
| 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 | $647,532 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that The Parc has recieved totaling $85,529.
| Awarding Organization | Amount |
|---|---|
Amarillo Area Foundation Inc Amarillo, TX PURPOSE: GENERAL SUPPORT | $53,935 |
Frances E Maddox Foundation Amarillo, TX PURPOSE: SUPPORT | $30,000 |
Textron Charitable Trust 540 008 Providence, RI PURPOSE: MATCHING GIFT TO HEALTH & HUMAN SERVICES AGENCY | $1,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $94 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Albuquerque Health Care For The Homeless Inc Albuquerque, NM | $9,726,634 | $8,408,602 |
Our House Inc Little Rock, AR | $15,828,581 | $11,214,750 |
Opportunity Center For The Homeless El Paso, TX | $20,816,950 | $9,935,734 |
Hope Supply Co Dallas, TX | $2,313,655 | $6,023,810 |
Vogel Alcove Dallas, TX | $4,661,178 | $11,705,552 |
Ending Community Homelessness Coalition Inc Austin, TX | $5,453,245 | $6,627,043 |
Other Ones Foundation Inc Austin, TX | $713,831 | $3,411,297 |
Lighthouse For The Homeless Fort Worth, TX | $15,370,482 | $1,203,504 |
Steelbridge Ministries Albuquerque, NM | $4,191,258 | $2,008,143 |
Union Rescue Mission Inc Little Rock, AR | $3,011,536 | $1,552,287 |
Casa Marianella Austin, TX | $5,043,272 | $2,857,650 |
Casa De Peregrinos Inc Las Cruces, NM | $1,546,785 | $1,701,397 |