Civic Intelligence

Partnership for Assessment of Readiness for College and Careers Inc

EIN 46-2081206 • 501(c)3 • Washington, DC

Profile

Transform education systems so all students are ready for college and careers.

1032 15th Street NW 195Washington, DC 20005

www.parcconline.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2022

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2022

Top Officer Pay

100th percentile

$329,730

Higher top officer pay than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

9th percentile

-100%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Assets

Down

$0

Down $787 (-100%) from 2021

Liabilities

Down

$0

Down $197 (-100%) from 2021

Net Assets

Down

$0

Down $590 (-100%) from 2021

Revenue

Flat

$0

Flat from 2021

Expenses

Down

$590

Down $170,521 (-100%) from 2021

Net Income

Up

-$590

Up $170,521 (+100%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2013: $444,468Liabilities 2013: $114,935Net Assets 2013: $329,5332013Assets 2014: $16,938,086Liabilities 2014: $11,673,659Net Assets 2014: $5,264,4272014Assets 2015: $7,827,383Liabilities 2015: $3,420,394Net Assets 2015: $4,406,9892015Assets 2016: $3,795,180Liabilities 2016: $1,236,136Net Assets 2016: $2,559,0442016Assets 2017: $6,556,550Liabilities 2017: $3,925,290Net Assets 2017: $2,631,2602017Assets 2018: $8,538,001Liabilities 2018: $5,010,231Net Assets 2018: $3,527,7702018Assets 2019: $9,160,069Liabilities 2019: $5,081,795Net Assets 2019: $4,078,2742019Assets 2020: $171,898Liabilities 2020: $197Net Assets 2020: $171,7012020Assets 2021: $787Liabilities 2021: $197Net Assets 2021: $5902021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2022

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80M$60M$40M$20M$0-$20MRevenue 2013: $1,159,003Expenses 2013: $829,470Net Income 2013: $329,5332013Revenue 2014: $72,205,984Expenses 2014: $67,271,090Net Income 2014: $4,934,8942014Revenue 2015: $50,187,219Expenses 2015: $51,044,657Net Income 2015: -$857,4382015Revenue 2016: $13,961,663Expenses 2016: $15,809,608Net Income 2016: -$1,847,9452016Revenue 2017: $4,411,164Expenses 2017: $4,338,948Net Income 2017: $72,2162017Revenue 2018: $1,943,626Expenses 2018: $1,047,116Net Income 2018: $896,5102018Revenue 2019: $612,998Expenses 2019: $62,494Net Income 2019: $550,5042019Revenue 2020: $557,453Expenses 2020: $4,464,026Net Income 2020: -$3,906,5732020Revenue 2021: $0Expenses 2021: $171,111Net Income 2021: -$171,1112021Revenue 2022: $0Expenses 2022: $590Net Income 2022: -$5902022

Highlighted filing

2022

Revenue$0
Expenses$590
Net Income-$590

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$0
Mission and Program Overview

Mission

Support States and other education entities in developing and implementing assessments and other related tools to help ensure all students are ready for college and careers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$787$0▼ $787
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$787$0▼ $787
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$197--
Total Liabilities$197$0▼ $197
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$590$0▼ $590
Total Net Assets Fund Balance$590$0▼ $590
Total Liabilities and Net Assets / Fund Balance$787$0▼ $787
Compensation and Service Providers

Board Members and Trustees

NameTitle
Laura M SloverChief Executive Director
Allison R BarrChief Operating Officier
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-590

Audited Revenue Reconciliation

Revenue per Audited Statements
$0
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$0
Total Revenue per Form 990
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$590
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses-$590-$590
Total Functional Expenses$0$590$0$590

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$590
Total Expenses per Audited Statements$590
Total Expenses per Form 990$590
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
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

Governance Explanations

Form 990, Part VI, Section A, Line 8B

There were no committees.

Form 990, Part VI, Section B, Line 11B

Management will review the form 990 and make available to the board before filing.

Form 990, Part VI, Section B, Line 12C

All employees shall complete and sign the parcc conflicts of interest disclosure form, at least annually, and submit it to human resources. A new disclosure form is required whenever there is a significant change. If human resources concludes there is no reasonable way to manage a conflict of interest, the employee may be prohibited from participating in activities conflicting with parcc's affairs.

Form 990, Part VI, Section B, Line 15

Parcc inc. Utilizes an independent third party to produce a market study of compensation.

Form 990, Part VI, Section C, Line 19

Parcc inc's public inspection file is available for review at its office or by mail at the request of the public.

Filing and Contact Details

Filer

Filer Name
Parcc Inc
EIN
46-2081206
Phone
2027488078
Address
1032 15TH STREET NW 195, WASHINGTON, DC 20005

Signing Officer

Name
Laura Slover
Title
Chief Executive Officer
Phone
2027488078
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laura Slover
Formed
2013
Legal Domicile
Dc
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Sb & Company LLC
Address
10200 GRAND CENTRAL AVE SUITE 250, OWINGS MILLS, MD 21117
Preparer
Christopher Lehman
Phone
4105842218
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from prior year.

Financial Statement Notes

PART X, LINE 2:

Parcc (the organization) are exempt from the payment of income taxes on income other than net unrelated business income under section 501(c)(3) of the internal revenue code. The provisions included in accounting principles generally accepted in the united states of america provide consistent guidance for the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribe a threshold of "more likely than not" for recognition of tax positions taken or expected to be taken in a tax return. The academy performed an evaluation of uncertain tax positions as of june 30, 2023, and determined that there were no matters that would require recognition in the financial statements or that may have any effect on its tax-exempt status. As of june 30, 2023, the statute of limitations for fiscal years 2015 through 2023 remain open with the u.s. Federal jurisdiction and the state and local jurisdiction in which the academy files tax returns. It is the academy's policy to recognize interest and/or penalties related to uncertain tax positions, if any, as income tax expense.

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

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PARCC (THE ORGANIZATION) ARE EXEMPT FROM THE PAYMENT OF INCOME TAXES ON INCOME OTHER THAN NET UNRELATED BUSINESS INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE PROVISIONS INCLUDED IN ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ACADEMY PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF JUNE 30, 2023, THE STATUTE OF LIMITATIONS FOR FISCAL YEARS 2015 THROUGH 2023 REMAIN OPEN WITH THE U.S. FEDERAL JURISDICTION AND THE STATE AND LOCAL JURISDICTION IN WHICH THE ACADEMY FILES TAX RETURNS. IT IS THE ACADEMY'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, AS INCOME TAX EXPENSE.
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt0590
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0CASH
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE WERE NO COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT WILL REVIEW THE FORM 990 AND MAKE AVAILABLE TO THE BOARD BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL EMPLOYEES SHALL COMPLETE AND SIGN THE PARCC CONFLICTS OF INTEREST DISCLOSURE FORM, AT LEAST ANNUALLY, AND SUBMIT IT TO HUMAN RESOURCES. A NEW DISCLOSURE FORM IS REQUIRED WHENEVER THERE IS A SIGNIFICANT CHANGE. IF HUMAN RESOURCES CONCLUDES THERE IS NO REASONABLE WAY TO MANAGE A CONFLICT OF INTEREST, THE EMPLOYEE MAY BE PROHIBITED FROM PARTICIPATING IN ACTIVITIES CONFLICTING WITH PARCC'S AFFAIRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PARCC INC. UTILIZES AN INDEPENDENT THIRD PARTY TO PRODUCE A MARKET STUDY OF COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PARCC INC'S PUBLIC INSPECTION FILE IS AVAILABLE FOR REVIEW AT ITS OFFICE OR BY MAIL AT THE REQUEST OF THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CENTERPOINT EDUCATION SOLUTIONS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0814363814
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C) 3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0DC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CHARITABLE/ EDUCATIONAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01032 15TH STREET NW 195
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WASHINGTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0DC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd020005
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0590
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0INTERCOMPANY TRANSFER
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0CENTERPOINT
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0R
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd01
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0DC
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd01
IRS990/TotalAssetsBOYAmt0787
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt0787
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0590
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0590
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0197
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0197
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0590
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt00
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0787
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotReportableCompRltdOrgAmt0489609
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01032 15TH STREET NW 195
IRS990/USAddress/CityNm0WASHINGTON
IRS990/USAddress/StateAbbreviationCd0DC
IRS990/USAddress/ZIPCd020005
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.PARCC-ASSESSMENT.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LAURA SLOVER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF EXECUTIVE OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum02027488078
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PARCC INC
ReturnHeader/Filer/BusinessNameControlTxt0PARC
ReturnHeader/Filer/EIN0462081206
ReturnHeader/Filer/PhoneNum02027488078
ReturnHeader/Filer/USAddress/AddressLine1Txt01032 15TH STREET NW 195
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020005
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202153727
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SB & COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010200 GRAND CENTRAL AVE SUITE 250
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OWINGS MILLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd021117
ReturnHeader/PreparerPersonGrp/PhoneNum04105842218
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTOPHER LEHMAN
ReturnHeader/ReturnTs02023-11-15T11:43:39-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LAURA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SLOVER
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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