Civic Intelligence

Parallel Exit Inc.

990EZ • Fiscal year 2017 • EIN 20-8728956

Jan 01, 2017 to Dec 31, 2017 • Filed on May 08, 2018

Organization ProfileN/A
175 Eastern ParkwayBrooklyn, NY 11235

(917) 407-7537

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

Net Margin

77th percentile

15%

Higher net margin than 77% of similar nonprofits.

2017 filings • NTEE A65 • <$500k nonprofits • Source year 2017

Top Officer Pay

66th percentile

$0

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • NTEE A65 • <$500k nonprofits • Source year 2017

Asset Growth

29th percentile

-22%

Faster asset growth than 29% of similar nonprofits.

2017 filings • NTEE A65 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

8th percentile

-59%

Faster revenue growth than 8% of similar nonprofits.

2017 filings • NTEE A65 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$23,218

Down $6,371 (-22%) from 2016

Net Assets

$23,218

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin77th percentile

Revenue

Down

$23,762

Down $34,746 (-59%) from 2016

Expenses

Down

$20,102

Down $34,727 (-63%) from 2016

Net Income

Down

$3,660

Down $19 (-0.5%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$60K$40K$20K$0Assets 2011: $22,589Liabilities 2011: $1,7502011Assets 2012: $17,492Liabilities 2012: $0Net Assets 2012: $17,4922012Assets 2013: $30,048Liabilities 2013: $02013Assets 2014: $58,505Liabilities 2014: $02014Assets 2015: $25,910Liabilities 2015: $02015Assets 2016: $29,589Liabilities 2016: $02016Assets 2017: $23,218Net Assets 2017: $23,2182017Assets 2018: $19,691Liabilities 2018: $0Net Assets 2018: $19,6912018Assets 2019: $25,062Liabilities 2019: $0Net Assets 2019: $25,0622019Assets 2020: $9,670Net Assets 2020: $9,6702020Assets 2021: $23,688Net Assets 2021: $23,6882021Assets 2022: $53,811Liabilities 2022: $11,894Net Assets 2022: $41,9172022Assets 2023: $29,943Liabilities 2023: $1,895Net Assets 2023: $28,0482023Assets 2024: $34,082Liabilities 2024: $16,561Net Assets 2024: $17,5212024

Highlighted filing

2017

Assets$23,218
Liabilities-
Net Assets$23,218
Open 2017 Filing

Operations Trend

Revenue Growth8th percentile

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

$300K$200K$100K$0-$100KRevenue 2011: $59,964Expenses 2011: $78,388Net Income 2011: -$18,4242011Revenue 2012: $75,378Expenses 2012: $80,475Net Income 2012: -$5,0972012Revenue 2013: $81,122Expenses 2013: $68,566Net Income 2013: $12,5562013Revenue 2014: $139,367Expenses 2014: $110,911Net Income 2014: $28,4562014Revenue 2015: $76,260Expenses 2015: $108,794Net Income 2015: -$32,5342015Revenue 2016: $58,508Expenses 2016: $54,829Net Income 2016: $3,6792016Revenue 2017: $23,762Expenses 2017: $20,102Net Income 2017: $3,6602017Revenue 2018: $74,191Expenses 2018: $77,718Net Income 2018: -$3,5272018Revenue 2019: $46,265Expenses 2019: $40,894Net Income 2019: $5,3712019Revenue 2020: $55,456Expenses 2020: $70,848Net Income 2020: -$15,3922020Revenue 2021: $56,899Expenses 2021: $42,881Net Income 2021: $14,0182021Revenue 2022: $270,865Expenses 2022: $260,286Net Income 2022: $10,5792022Revenue 2023: $122,870Expenses 2023: $146,739Net Income 2023: -$23,8692023Revenue 2024: $120,867Expenses 2024: $131,394Net Income 2024: -$10,5272024

Highlighted filing

2017

Revenue$23,762
Expenses$20,102
Net Income$3,660
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 8, 2018
Return Version
2017v2.2
Gross Receipts
$23,762
Mission and Program Overview

Mission

Provides programs in schools and for children in the art and execution of physical theatre

Programs in schools art of physical theatre

Program Services

DescriptionGrantsExpenses
PROVIDES PROGRAMS IN SCHOOLS AND FOR CHILDREN IN THE ART AND EXECUTION OF PHYSICAL THEATRE$12,583$12,583
Compensation and Service Providers
Top Officer Pay66th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MATTHEW MENENDEZPresidentPT$0--
JEAN SELDEN GREENETreasurerPT$0--
MARK LONERGANBoard MemberPT$0--
KEN BANTABoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Parallel Exit Inc
EIN
20-8728956
Phone
9174077537
Address
175 EASTERN PARKWAY, BROOKLYN, NY 11235

Signing Officer

Name
Matthew Menendez
Title
President
Phone
9174077537
Signed
2018-05-08

Preparer

Firm
Rk Tax Services Inc
Address
1635 EAST 19TH STREET, BROOKLYN, NY 11229
Preparer
Russell Kolbert
Phone
7186760189
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

“MISC”

Form 990EZ, Part I, Line 16

“ADMIN EXP”

Form 990EZ, Part I, Line 16

“BANK CHARGES 99.”

Form 990EZ, Part I, Line 16

“INSURENCE 222.”

Form 990EZ, Part I, Line 16

“OTHER FEES 50.”

Form 990EZ, Part I, Line 16

“PAYROLL FEE 208.”

Form 990EZ, Part I, Line 16

“PAYROLL TAXES 1482.”

Form 990EZ, Part I, Line 16

“PROF DUES 285.”

Form 990EZ, Part I, Line 16

“TOURING EXP 3089.”

Form 990EZ, Part I, Line 16

“TRANS 10.”

Form 990EZ, Part I, Line 16

“WEB HOSTING 296.”

Form 990EZ, Part I, Line 16

“ENTERTAINMENT 234.”

Form 990EZ, Part II, Line 26

“To correct error from 2012 10030. 0.”

Raw XML Appendix160 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0MARK LONERGAN
IRS990EZ/BooksInCareOfDetail/PhoneNum09174077537
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0175 EASTERN PARKWAY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BROOKLYN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011235
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt029588
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt023218
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt017762
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt03660
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt011375
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt029588
IRS990EZ/Form990TotalAssetsGrp/EOYAmt023218
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt023762
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt019558
IRS990EZ/NetAssetsOrFundBalancesEOYAmt023218
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt019558
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt023218
IRS990EZ/OccupancyRentUtltsAndMaintAmt0948
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MATTHEW MENENDEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JEAN SELDEN GREENE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARK LONERGAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KEN BANTA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt05975
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROGRAMS IN SCHOOLS ART OF PHYSICAL THEATRE
IRS990EZ/PrintingPublicationsPostageAmt01804
IRS990EZ/ProgramServiceRevenueAmt06000
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDES PROGRAMS IN SCHOOLS AND FOR CHILDREN IN THE ART AND EXECUTION OF PHYSICAL THEATRE
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt012583
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt012583
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt010030
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt020102
IRS990EZ/TotalProgramServiceExpensesAmt012583
IRS990EZ/TotalRevenueAmt023762
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt017762
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt017762
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt06000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt06000
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt023762
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt023762
IRS990ScheduleA/Total509Grp/TotalAmt023762
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt023762
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ADMIN EXP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BANK CHARGES 99.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INSURENCE 222.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OTHER FEES 50.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PAYROLL FEE 208.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PAYROLL TAXES 1482.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PROF DUES 285.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8TOURING EXP 3089.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9TRANS 10.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10WEB HOSTING 296.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11ENTERTAINMENT 234.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12TO CORRECT ERROR FROM 2012 10030. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MATTHEW MENENDEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09174077537
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PARALLEL EXIT INC
ReturnHeader/Filer/BusinessNameControlTxt0PARA
ReturnHeader/Filer/EIN0208728956
ReturnHeader/Filer/PhoneNum09174077537
ReturnHeader/Filer/USAddress/AddressLine1Txt0175 EASTERN PARKWAY
ReturnHeader/Filer/USAddress/CityNm0BROOKLYN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011235
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId09DF113391175E6902905E4A667BE063A59712BC7
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09DF113391175E6902905E4A667BE063A59712BC7
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt069.124.10.183
ReturnHeader/FilingSecurityInformation/IPDt02018-05-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm010:15:04
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RK TAX SERVICES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01635 EAST 19TH STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BROOKLYN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011229
ReturnHeader/PreparerPersonGrp/PhoneNum07186760189
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RUSSELL KOLBERT
ReturnHeader/ReturnTs02018-05-15T10:15:12-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$23,218
Liabilities
-
Net assets
$23,218
Revenue
$23,762
Expenses
$20,102
Net income
$3,660
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.34$0.17$0.18$1.21$1.31$0.11
2023Detailed filing. Detailed filing data is available for this year.$0.30$0.02$0.28$1.23$1.47$0.24
2022Detailed filing. Detailed filing data is available for this year.$0.54$0.12$0.42$2.71$2.60$0.11
2021Detailed filing. Detailed filing data is available for this year.$0.24$0.24$0.57$0.43$0.14
2020Detailed filing. Detailed filing data is available for this year.$0.10$0.10$0.55$0.71$0.15
2019Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$0.46$0.41$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.74$0.78$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.23$0.23$0.24$0.20$0.04
2016Summary only. Only limited summary data is available for this year.$0.30$0.00$0.59$0.55$0.04
2015Summary only. Only limited summary data is available for this year.$0.26$0.00$0.76$1.09$0.33
2014Summary only. Only limited summary data is available for this year.$0.59$0.00$1.39$1.11$0.28
2013Summary only. Only limited summary data is available for this year.$0.30$0.00$0.81$0.69$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.00$0.17$0.75$0.80$0.05
2011Summary only. Only limited summary data is available for this year.$0.23$0.02$0.60$0.78$0.18