Parable Outreach
- Assets
- $2.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Keller, TX
- Founding
- 12/1994
- Data as of
- 12/2023
- EIN
- 81-3229972
Organization Overview
Parable Outreach is located in Keller, TX. The organization was established in 1994. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Parable Outreach 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 12/2023, Parable Outreach generated $114.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $151.5k during the year ending 12/2023. While expenses have increased by 5.0% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SHARING THE TRUTH OF THE GOSPEL THROUGH THE USE OF ILLUSIONS AND PERSONAL TESTIMONY TO YOUTH AND INCARCERATED MEN. MANY RECIEVED THE GOSPEL AND LIVES WERE CHANGED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zak Mirzadeh CEO | 40 | $55,400 | |
Mike Steele Chairman | 1 | $0 | |
Amir Mirzadeh Vice Chairma | 1 | $0 | |
Christi Messinger Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,790 |
| Total Program Service Revenue | $99,664 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $114,454 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $75,460 |
| Professional fees and other payments to independent contractors | $9,923 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,143 |
| Other expenses | $63,961 |
| Total expenses | $151,487 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,652 |
| Other assets | $0 |
| Total assets | $2,652 |
| Total liabilities | $12,829 |
| Net assets or fund balances | -$10,177 |