Civic Intelligence

Parentjobnet Inc

990 • Fiscal year 2018 • EIN 20-1966758

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 05, 2019

1460 Broadway 16th FloorNew York, NY 10036

(212) 362-2735

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

83rd percentile

0.44x

Higher debt load relative to assets than 83% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

50th percentile

0.03x

Higher debt load relative to revenue than 50% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

4th percentile

-70%

Higher net margin than 4% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

86th percentile

$93,500

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 12.9% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

1st percentile

-74%

Faster asset growth than 1% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2018

Revenue Growth

22nd percentile

-12%

Faster revenue growth than 22% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2018

Assets

Down

$51,998

Down $746,646 (-93%) from 2016

Net Assets

Down

$29,169

Down $769,475 (-96%) from 2016

Liabilities

Up

$22,829

Up $22,829 from 2016

Revenue

Down

$722,697

Down $205,262 (-22%) from 2016

Expenses

Up

$1,228,949

Up $983,202 (+400%) from 2016

Net Income

Down

-$506,252

Down $1,188,464 (-174%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2010: $24,259Liabilities 2010: $0Net Assets 2010: $24,2592010Assets 2011: $34,519Liabilities 2011: $0Net Assets 2011: $34,5192011Assets 2012: $72,547Liabilities 2012: $0Net Assets 2012: $72,5472012Assets 2013: $180,988Liabilities 2013: $0Net Assets 2013: $180,9882013Assets 2014: $62,966Liabilities 2014: $0Net Assets 2014: $62,9662014Assets 2015: $265,927Liabilities 2015: $0Net Assets 2015: $265,9272015Assets 2016: $798,644Liabilities 2016: $0Net Assets 2016: $798,6442016Assets 2018: $51,998Liabilities 2018: $22,829Net Assets 2018: $29,1692018Assets 2019: $26,411Liabilities 2019: $10,748Net Assets 2019: $15,6632019Assets 2020: $1,191Liabilities 2020: $1,191Net Assets 2020: $02020

Highlighted filing

2018

Assets$51,998
Liabilities$22,829
Net Assets$29,169

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500K-$1.0MExpenses 2010: $77,2702010Expenses 2011: $57,3962011Expenses 2012: $83,2742012Revenue 2013: $274,918Expenses 2013: $166,476Net Income 2013: $108,4422013Revenue 2014: $196,854Expenses 2014: $173,889Net Income 2014: $22,9652014Revenue 2015: $337,086Expenses 2015: $275,110Net Income 2015: $61,9762015Revenue 2016: $927,959Expenses 2016: $245,747Net Income 2016: $682,2122016Revenue 2018: $722,697Expenses 2018: $1,228,949Net Income 2018: -$506,2522018Revenue 2019: $6,011Expenses 2019: $19,517Net Income 2019: -$13,5062019Revenue 2020: $4,794Expenses 2020: $20,457Net Income 2020: -$15,6632020

Highlighted filing

2018

Revenue$722,697
Expenses$1,228,949
Net Income-$506,252
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 5, 2019
Return Version
2017v2.2
Gross Receipts
$722,697
Mission and Program Overview

Mission

The organization works in public schools to help parents, especially low income mothers, achieve

The organization works in public schools to help parents, especially low income mothers, achieve economic security to ensure that their children are well positioned for academic success.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$248,893--
Cash and Non-Interest-Bearing Accounts$268,601$21,687▼ $246,914
Land, Buildings, and Equipment, Net$21,137$16,436▼ $4,701
Accounts Receivable-$9,975-
Total Assets$556,281$51,998▼ $504,283
Other Assets Total$17,650$3,900▼ $13,750
Liabilities
Accounts Payable and Accrued Expenses$20,860$22,829▲ $1,969
Total Liabilities$20,860$22,829▲ $1,969
Net Assets / Fund Balance
Unrestricted Net Assets$535,421$29,169▼ $506,252
Total Net Assets Fund Balance$535,421$29,169▼ $506,252
Total Liabilities and Net Assets / Fund Balance$556,281$51,998▼ $504,283

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$16,436$7,067$23,503
Other Assets Org$3,900--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Patricia CraddickEx-officio/founder/executive DirectorFT$93,500$93,500
Anthony S RaineyChief Operating OfficerFT$73,334$73,334

Board Members and Trustees

NameTitle
Morgan RoddBoard Chair
Page TolbertBoard Chair
Bruce FickenDevelopment Chair
Alvin McleanTreasurer/finance Chair
Harrison HowardBoard Member
Jay ElkinBoard Member
Nilesh Patel EsqBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$707,864
Program Service Revenue
$9,975
Investment Income
$1,245
Other Revenue
$3,613
All Other Contributions
$707,864
Change in Net Assets
$-506,252
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$846,386
Other Expenses$367,563
Total Fundraising Expense$125,840
Professional Fundraising Fees$15,000
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$518,502$68,900$0$587,402
Current Officers, Directors, Trustees, and Key Employees$18,700$74,067$74,067$166,834
Fees for Services Other$48,617$47,725$2,005$98,347
Payroll Taxes$50,735$13,502$6,995$71,232
Occupancy$0$69,683$0$69,683
Fees for Services Accounting$0$38,885$0$38,885
All Other Expenses$873$5,142$19,114$25,129
Fees for Services Professional Fundraising--$15,000$15,000
Other Employee Benefits$9,614$2,558$1,325$13,497
Office Expenses$220$11,510$1,118$12,848
Pension Plan Contributions$5,285$1,407$729$7,421
Advertising$1,419$384$4,884$6,687
Other Expenses$15$4,770$238$5,023
Depreciation Depletion$0$4,701$0$4,701
Conferences and Meetings$903$3,002$0$3,905
Insurance$0$3,021$0$3,021
Fees for Services Legal$0$2,567$0$2,567
Information Technology$652$1,662$0$2,314
Travel$28$1,247$365$1,640
Total Functional Expenses$724,994$378,115$125,840$1,228,949
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$15,000
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Christina CraddickDaughter of Exec DirContractorNo$26,185
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Parentjobnet Inc
EIN
20-1966758
Phone
2123622735
Address
1460 BROADWAY 16TH FLOOR, NEW YORK, NY 10036

Signing Officer

Name
Morgan Rodd
Title
Board Chair
Phone
2123622735
Signed
2019-10-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Morgan Rodd
Formed
2004
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
53
Volunteers
3

Preparer

Firm
Rich and Bander Llp
Address
79 Madison Avenue 2nd Floor, New York, NY 10016
Preparer
Jonathan a Bander
Phone
2126842470
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Review of form 990 is performed prior to release.

Pt VI, Line 12C

Conflict of interest policy requires board members and staff to disclose an interest (i.e., an economic benefit, whether direct or indirect that may be affected by a board or agency decision such disclosure may or may not, in the judgement of the board or the executive director after deliberation, preclude participation by that board member or employee in the decision or action affecting the disclosed interest.

Pt VI, Line 15A

The finance committee reviews and considers comparable organizations when making compensation decisions for all key personnel.

Pt VI, Line 15B

The finance committee reviews and considers comparable organizations when making decisions for all key personnel.

Pt VI, Line 19

All governing documents, conflict of interest policy and financial statements are available to the public upon request.

Form 990, Part IX, Line 24E

Office supplies 6015. 873. 5142. 0.

Form 990, Part IX, Line 24E

Fundraising expense 19114. 0. 0. 19114.

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IRS990/PayrollTaxesGrp/ProgramServicesAmt050735
IRS990/PayrollTaxesGrp/TotalAmt071232
IRS990/PensionPlanContributionsGrp/FundraisingAmt0729
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01407
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt05285
IRS990/PensionPlanContributionsGrp/TotalAmt07421
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0248893
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MORGAN RODD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM INCOME
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09975
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01068243
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt018000
IRS990/PYInvestmentIncomeAmt02063
IRS990/PYOtherExpensesAmt0398471
IRS990/PYOtherRevenueAmt0258
IRS990/PYRevenuesLessExpensesAmt0-263223
IRS990/PYSalariesCompEmpBnftPaidAmt0887316
IRS990/PYTotalExpensesAmt01333787
IRS990/PYTotalProfFndrsngExpnsAmt030000
IRS990/PYTotalRevenueAmt01070564
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-506252
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt05700
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt08050
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt013750
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part III, Line 12 Description: MISCELLANEOUS INCOME 2016: 258. 2017: 3613.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt III Ln 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0707864
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01068243
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0927309
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0196854
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0208999
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03109269
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01245
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02063
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0650
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt025
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03983
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01245
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02063
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0650
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt025
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03983
IRS990ScheduleA/InvestmentIncomeCYPct00.00130
IRS990ScheduleA/InvestmentIncomePYPct00.00110
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt03613
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0258
IRS990ScheduleA/OtherIncome509Grp/TotalAmt03871
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99310
IRS990ScheduleA/PublicSupportPY509Pct00.99560
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt03095519
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt05700
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt08050
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt013750
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0707864
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01068243
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0927309
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0196854
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0208999
IRS990ScheduleA/Total509Grp/TotalAmt03109269
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03117123
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt016436
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07067
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt023503
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03900
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016436
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03900
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0CHRISTINA CRADDICK
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0DAUGHTER OF EXEC DIR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt026185
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0CONTRACTOR
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEW OF FORM 990 IS PERFORMED PRIOR TO RELEASE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICT OF INTEREST POLICY REQUIRES BOARD MEMBERS AND STAFF TO DISCLOSE AN INTEREST (I.E., AN ECONOMIC BENEFIT, WHETHER DIRECT OR INDIRECT THAT MAY BE AFFECTED BY A BOARD OR AGENCY DECISION SUCH DISCLOSURE MAY OR MAY NOT, IN THE JUDGEMENT OF THE BOARD OR THE EXECUTIVE DIRECTOR AFTER DELIBERATION, PRECLUDE PARTICIPATION BY THAT BOARD MEMBER OR EMPLOYEE IN THE DECISION OR ACTION AFFECTING THE DISCLOSED INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FINANCE COMMITTEE REVIEWS AND CONSIDERS COMPARABLE ORGANIZATIONS WHEN MAKING COMPENSATION DECISIONS FOR ALL KEY PERSONNEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FINANCE COMMITTEE REVIEWS AND CONSIDERS COMPARABLE ORGANIZATIONS WHEN MAKING DECISIONS FOR ALL KEY PERSONNEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OFFICE SUPPLIES 6015. 873. 5142. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FUNDRAISING EXPENSE 19114. 0. 0. 19114.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0556281
IRS990/TotalAssetsEOYAmt051998
IRS990/TotalAssetsGrp/BOYAmt0556281
IRS990/TotalAssetsGrp/EOYAmt051998
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0707864
IRS990/TotalEmployeeCnt053
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0125840
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0378115
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0724994
IRS990/TotalFunctionalExpensesGrp/TotalAmt01228949
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt020860
IRS990/TotalLiabilitiesEOYAmt022829
IRS990/TotalLiabilitiesGrp/BOYAmt020860
IRS990/TotalLiabilitiesGrp/EOYAmt022829
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0535421
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt029169
IRS990/TotalProgramServiceExpensesAmt0724994

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