Parity Inc
- Assets
- $101.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 02/2004
- Data as of
- 12/2021
- EIN
- 56-2359952
Organization Overview
Parity Inc is located in New York, NY. The organization was established in 2004. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parity 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 12/2021, Parity Inc generated $151.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $123.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
GENERAL - WE WERE AVAILABLE FOR, AND ENGAGED IN, PREACHING, EDUCATION AND PASTORAL CARE FOR OUR MEMBERS CONGREGATION THROUGHOUT THE YEAR.WE WORK WITH CLERGY AND LAITY WHO ARE COMING OUT OF THE CLOSET AS WELL AS HELP TO EDUCATE CONGREGATION ON HOW THEY CAN BECOME MORE WELCOMING TO LGBTQIA INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rev Marian Edmonds-Allen Executive Director | 40 | $42,000 | |
Sontaia Briggs President | 4 | $0 | |
Dr Renair Amin Treasurer | 2 | $0 | |
Rev Roberto Ochoa Secretary | 2 | $0 | |
Pelayo Alvarez Trustee | 1 | $0 | |
Kimberly Anderson Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $151,693 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $151,693 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $123,785 |
| Total expenses | $123,785 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $101,568 |
| Other assets | $0 |
| Total assets | $101,568 |
| Total liabilities | $0 |
| Net assets or fund balances | $101,568 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Parity Inc has recieved totaling $95,000.
| Awarding Organization | Amount |
|---|---|
Center For Public Justice Alexandria, VA PURPOSE: PROGRAM SUPPORT | $50,000 |
E Rhodes And Leona B Carpenter Foundation Radnor, PA PURPOSE: HELP WITH THE COSTS OF EXPANDING ITS RETREAT FOR BIPCO EMERGING PASTORS AND TO ESTABLISH ITS POETRY OF LIFE RETREAT | $45,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Word Of Life Fellowship Inc Schroon Lake, NY | $120,358,230 | $77,023,933 |
Vision Benefits Of America Inc Suite 400 Carnegie, PA | $64,908,622 | $38,442,292 |
Diakon Child Family & Community Ministries Topton, PA | $23,881,449 | $28,006,448 |
Mercy Life Inc West Springfield, MA | $6,533,362 | $24,380,335 |
Chayim Vchesed Inc Brooklyn, NY | $4,624,709 | $20,578,750 |
Church Of God Home Inc Carlisle, PA | $19,131,303 | $10,297,438 |
The Pottstown Cluster Of Religious Communities Pottstown, PA | $2,620,724 | $10,453,372 |
Evangelical Lutheran Church In America Bala Cynwyd, PA | $32,181,411 | $7,233,386 |
Liberty Ministries Schwenksville, PA | $7,484,398 | $10,564,649 |
Infaith Exton, PA | $8,050,176 | $8,512,203 |
Faith And Liberty Discovery Center Llc Philadelphia, PA | $52,138,123 | $36,453,224 |
The Lehigh Conference Of Churches Allentown, PA | $5,159,637 | $6,852,485 |