Parable Outreach
- Assets
- $33.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Keller, TX
- Founding
- 12/1994
- Data as of
- 12/2021
- 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 12/2021, Parable Outreach generated $132.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $124.0k during the year ending 12/2021. While expenses have increased by 2.9% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
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. VIRTUAL SHOWS ALLOWED THE GOSPEL TO BE SHARED THROUGHOUT THE COVID PANDEMIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Steele Chairman | 1 | $0 | |
Zak Mirzadeh CEO | 40 | $0 | |
Amir Mirzadeh Vice Chairma | 1 | $0 | |
Christi Messinger Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,136 |
| Total Program Service Revenue | $92,236 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $10,100 |
| Total Revenue | $132,767 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $57,407 |
| Professional fees and other payments to independent contractors | $9,430 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $6,057 |
| Other expenses | $49,393 |
| Total expenses | $124,032 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,359 |
| Other assets | $0 |
| Total assets | $33,359 |
| Total liabilities | $1,620 |
| Net assets or fund balances | $31,739 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Parable Outreach has recieved totaling $4,100.
| Awarding Organization | Amount |
|---|---|
Pisteos Foundation Southlake, TX PURPOSE: MINISTRY CONTRIBUTION | $4,100 |
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