Parenteach Institute
- Assets
- $486.7k
- Revenue
- $952.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Evanston, IL
- Founding
- Data as of
- 06/2024
- EIN
- 93-2585980
Organization Overview
Parenteach Institute is located in Evanston, IL. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parenteach Institute is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE PARENTEACH INSTITUTE WAS INCORPORATED IN ILLINOIS ON JULY 26, 2023. AT PARENTEACH, OUR PRIMARY GOAL IS TO DE-STIGMATIZE, NORMALIZE, AND BUILD AWARENESS OF PARENTING EDUCATION IN ORDER TO CREATE A HEALTHIER, SAFER AND MORE PRODUCTIVE SOCIETY. WE DO THIS BY PROVIDING ACCESS TO A VARIETY OF POSITIVE PARENTING EDUCATION COURSES FOR PEOPLE OF ALL AGES AND BACKGROUNDS, BOTH IN-PERSON AND ONLINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING ACCESS TO A VARIETY OF POSITIVE PARENTING EDUCATION COURSES FOR PEOPLE OF ALL AGES AND BACKGROUNDS, BOTH IN-PERSON AND ONLINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Conley Director | Trustee | 1 | $0 |
Liz Debenedictis Director | Trustee | 1 | $0 |
Andrew Morrison Director | Trustee | 1 | $0 |
Tina Rzepnicki Director | Trustee | 1 | $0 |
Elizabeth Foster President | Officer | 1 | $0 |
Amy Gulinson Secretary | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $67,558 |
| All other contributions, gifts, grants, and similar amounts not included above | $885,308 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $952,866 |
| Total Program Service Revenue | $0 |
| Investment income | $31 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $952,897 |
| 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. | $96,667 |
| Compensation of current officers, directors, key employees. | $9,667 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,944 |
| Payroll taxes | $8,457 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $33,434 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,037 |
| Office expenses | $10,929 |
| Information technology | $20,517 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10,632 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,269 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,092 |
| All other expenses | $3,574 |
| Total functional expenses | $577,305 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $102,519 |
| Savings and temporary cash investments | $384,217 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $486,736 |
| Accounts payable and accrued expenses | $31,144 |
| Grants payable | $0 |
| Deferred revenue | $80,000 |
| 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 | $111,144 |
| Net assets without donor restrictions | $375,592 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $486,736 |