Civic Intelligence

Parsons Avenue Redevelopment Corporation

EIN 46-3644554 • 501(c)3 • Columbus, OH

Profile

To revitalize parsons avenue in columbus in order to enhance the quality of life for residents in the adjacent neighborhoods and create a stable busniess environment.

946 Parsons AvenueColumbus, OH 43206

n/A

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

12th percentile

-64%

Higher net margin than 12% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

30th percentile

-24%

Faster asset growth than 30% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

86th percentile

58%

Faster revenue growth than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$128,425

Down $40,677 (-24%) from 2023

Liabilities

Down

$0

Down $1,300 (-100%) from 2023

Net Assets

Down

$128,425

Down $39,377 (-23%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin12th percentile

Revenue

Up

$61,686

Up $22,594 (+58%) from 2023

Expenses

Up

$101,063

Up $3,254 (+3.3%) from 2023

Net Income

Up

-$39,377

Up $19,340 (+33%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth30th percentile

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

$300K$200K$100K$0Assets 2014: $104,878Liabilities 2014: $15,160Net Assets 2014: $89,7182014Assets 2015: $129,247Liabilities 2015: $32,698Net Assets 2015: $96,5492015Assets 2016: $160,557Liabilities 2016: $69Net Assets 2016: $160,4882016Assets 2017: $202,469Liabilities 2017: $152,357Net Assets 2017: $50,1122017Assets 2018: $223,956Liabilities 2018: $132,543Net Assets 2018: $91,4132018Assets 2019: $202,949Liabilities 2019: $129,805Net Assets 2019: $73,1442019Assets 2020: $177,917Liabilities 2020: $126,905Net Assets 2020: $51,0122020Assets 2021: $162,512Liabilities 2021: $123,954Net Assets 2021: $38,5582021Assets 2022: $235,009Liabilities 2022: $8,490Net Assets 2022: $226,5192022Assets 2023: $169,102Liabilities 2023: $1,300Net Assets 2023: $167,8022023Assets 2024: $128,425Liabilities 2024: $0Net Assets 2024: $128,4252024

Highlighted filing

2024

Assets$128,425
Liabilities$0
Net Assets$128,425
Open 2024 Filing

Operations Trend

Revenue Growth86th percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2014: $159,061Expenses 2014: $54,183Net Income 2014: $104,8782014Revenue 2015: $67,220Expenses 2015: $60,389Net Income 2015: $6,8312015Revenue 2016: $160,573Expenses 2016: $96,634Net Income 2016: $63,9392016Revenue 2017: $79,476Expenses 2017: $115,340Net Income 2017: -$35,8642017Revenue 2018: $185,476Expenses 2018: $144,175Net Income 2018: $41,3012018Revenue 2019: $102,806Expenses 2019: $121,075Net Income 2019: -$18,2692019Revenue 2020: $74,647Expenses 2020: $96,779Net Income 2020: -$22,1322020Revenue 2021: $87,258Expenses 2021: $99,712Net Income 2021: -$12,4542021Revenue 2022: $325,933Expenses 2022: $137,972Net Income 2022: $187,9612022Revenue 2023: $39,092Expenses 2023: $97,809Net Income 2023: -$58,7172023Revenue 2024: $61,686Expenses 2024: $101,063Net Income 2024: -$39,3772024

Highlighted filing

2024

Revenue$61,686
Expenses$101,063
Net Income-$39,377
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$128,425
Liabilities
$0
Net assets
$128,425
Revenue
$61,686
Expenses
$101,063
Net income
-$39,377
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.28$0.00$1.28$0.62$1.01$0.39
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.69$0.01$1.68$0.39$0.98$0.59
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.35$0.08$2.27$3.26$1.38$1.88
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.63$1.24$0.39$0.87$1.00$0.12
2020Detailed filing. Detailed filing data is available for this year.$1.78$1.27$0.51$0.75$0.97$0.22
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.03$1.30$0.73$1.03$1.21$0.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.24$1.33$0.91$1.85$1.44$0.41
2017Detailed filing. Detailed filing data is available for this year.$2.02$1.52$0.50$0.79$1.15$0.36
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.61$0.00$1.60$1.61$0.97$0.64
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.29$0.33$0.97$0.67$0.60$0.07
2014Summary only. Only limited summary data is available for this year.$1.05$0.15$0.90$1.59$0.54$1.05
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$342,396
Mission and Program Overview

Mission

To revitalize parsons avenue in columbus in order to enhance the quality of life for residents in the adjacent neighborhoods and create a stable busniess environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$23,661$113,822▲ $90,161
Land, Buildings, and Equipment, Net$116,659$100,000▼ $16,659
Prepaid Expenses and Deferred Charges$6,235$6,187▼ $48
Accounts Receivable$957--
Total Assets$162,512$235,009▲ $72,497
Other Assets Total$15,000$15,000→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$123,566$0▼ $123,566
Accounts Payable and Accrued Expenses$388$8,490▲ $8,102
Total Liabilities$123,954$8,490▼ $115,464
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$38,558$226,519▲ $187,961
Total Net Assets Fund Balance$38,558$226,519▲ $187,961
Total Liabilities and Net Assets / Fund Balance$162,512$235,009▲ $72,497

Asset Categories

AssetBook ValueDepreciationBasis
Land$100,000-$100,000
Other Land Buildings$0$784$784
Other Assets Org$15,000--
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Jason ReeceChair, Director
Amanda ReynoldsDirector
Brice KaseeDirector
Carla FountaineDirector
Letherron GriffinDirector
Logan DawsonDirector
Michael WhitmanDirector
Taimur ChaudhriDirector
Jordan HendersonDirector Begin 7/2022
Michael PremoExecutive Director/director to 7/22
Millicent HurttTreasurer, Director
Revenue and Support

Revenue Composition

Contributions and Grants
$332,126
Program Service Revenue
$0
Investment Income
$-16,463
Other Revenue
$10,270
All Other Contributions
$55,939
Change in Net Assets
$187,961
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$137,972
Total Fundraising Expense$3,169
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$71,692--$71,692
All Other Expenses$2,756$1,773-$4,529
Occupancy$4,104--$4,104
Insurance$3,374--$3,374
Other Expenses$7,190-$3,169$3,169
Office Expenses-$1,430-$1,430
Interest-$1,360-$1,360
Advertising-$378-$378
Depreciation Depletion$196--$196
Total Functional Expenses$129,862$4,941$3,169$137,972
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The board reviews the form 990 before it is filed.”

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

“Before contracts are signed, the potential for conflicts is reviewed. If a conflict exists, the contract proposal is rejected. The board's interests are reviewed in accordance with the organization's conflict of interest policy.”

Form 990, Part VI, Section C, Line 19

“The originization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Parsons Avenue Redevelopment Corporation
EIN
46-3644554
Phone
6144457342
Address
946 PARSONS AVENUE, COLUMBUS, OH 43206

Signing Officer

Name
Michael Premo
Title
Executive Director
Phone
6144457342
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Premo
Formed
2014
Legal Domicile
Oh
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
0

Preparer

Firm
Gbq Partners LLC
Address
230 WEST STREET SUITE 700, COLUMBUS, OH 43215
Preparer
Kathy M Moseley
Phone
6142211120
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Professional fees: program service expenses 71,692. Management and general expenses 0. Fundraising expenses 0. Total expenses 71,692.”

Form 990, Part XII, Line 2C

“The process has not changed from prior year.”

Financial Statement Notes

PART X, LINE 2:

“The organization performs an annual assessment for any uncertainty in income tax positions, which includes an analysis of whether there are any tax positions the organization takes with regard to unrelated business income, related deductions applied, or other activities that may jeopardize its tax exempt status and thus would meet the definition of an uncertain tax position. No tax liability accrual was recorded relating to material uncertain positions taken as management believes there are none.”

Raw XML AppendixShowing 400 of 424 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0388
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt08490
IRS990/AccountsReceivableGrp/BOYAmt0957
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO REVITALIZE PARSONS AVENUE IN COLUMBUS IN ORDER TO ENHANCE THE QUALITY OF LIFE FOR RESIDENTS IN THE ADJACENT NEIGHBORHOODS AND CREATE A STABLE BUSNIESS ENVIRONMENT.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0378
IRS990/AdvertisingGrp/TotalAmt0378
IRS990/AllOtherContributionsAmt055939
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01773
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02756
IRS990/AllOtherExpensesGrp/TotalAmt04529
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0MICHAEL PREMO EXECUTIVE DIRECTOR
IRS990/BooksInCareOfDetail/PhoneNum06144457342
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0946 PARSONS AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0COLUMBUS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd043206
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt023661
IRS990/CashNonInterestBearingGrp/EOYAmt0113822
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0332126
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-16463
IRS990/CYOtherExpensesAmt0137972
IRS990/CYOtherRevenueAmt010270
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0187961
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0137972
IRS990/CYTotalFundraisingExpenseAmt03169
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0325933
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0196
IRS990/DepreciationDepletionGrp/TotalAmt0196
IRS990/Desc0RENOVATION OF COMMERCIAL PROPERTIES AT 921-923 PARSONS AVENUE.
IRS990/DescribedInSection501c3Ind01
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IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0129862
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt071692
IRS990/FeesForServicesOtherGrp/TotalAmt071692
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0JASON REECE
IRS990/Form990PartVIISectionAGrp/PersonNm1MILLICENT HURTT
IRS990/Form990PartVIISectionAGrp/PersonNm2TAIMUR CHAUDHRI
IRS990/Form990PartVIISectionAGrp/PersonNm3LOGAN DAWSON
IRS990/Form990PartVIISectionAGrp/PersonNm4CARLA FOUNTAINE
IRS990/Form990PartVIISectionAGrp/PersonNm5LETHERRON GRIFFIN
IRS990/Form990PartVIISectionAGrp/PersonNm6JORDAN HENDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm7BRICE KASEE
IRS990/Form990PartVIISectionAGrp/PersonNm8AMANDA REYNOLDS
IRS990/Form990PartVIISectionAGrp/PersonNm9MICHAEL WHITMAN
IRS990/Form990PartVIISectionAGrp/PersonNm10MICHAEL PREMO
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR, DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER, DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR BEGIN 7/2022
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10EXECUTIVE DIRECTOR/DIRECTOR TO 7/22
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IRS990/MembersOrStockholdersInd00
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IRS990/OccupancyGrp/ProgramServicesAmt04104
IRS990/OccupancyGrp/TotalAmt04104
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01430
IRS990/OfficeExpensesGrp/TotalAmt01430
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt015000
IRS990/OtherAssetsTotalGrp/EOYAmt015000
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1PROJECT EXPENSES
IRS990/OtherExpensesGrp/Desc2ENVIRONMENTAL PHASE ONE
IRS990/OtherExpensesGrp/Desc3FUNDRAISING EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt03169
IRS990/OtherExpensesGrp/ProgramServicesAmt027550
IRS990/OtherExpensesGrp/ProgramServicesAmt113000
IRS990/OtherExpensesGrp/ProgramServicesAmt27190
IRS990/OtherExpensesGrp/TotalAmt027550
IRS990/OtherExpensesGrp/TotalAmt113000
IRS990/OtherExpensesGrp/TotalAmt27190
IRS990/OtherExpensesGrp/TotalAmt33169
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06235
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06187
IRS990/PrincipalOfficerNm0MICHAEL PREMO
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt067258
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt099712
IRS990/PYOtherRevenueAmt020000
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-12454
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt099712
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt087258
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0187961
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt010270
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt010270
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0332126
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt067258
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt074596
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt098613
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt073548
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0646141
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt010270
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt020000
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04193
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt090539
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0125002
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.83790
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0646141
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0332126
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt067258
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt074596
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt098613
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt073548
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0646141
IRS990ScheduleA/TotalSupportAmt0771143
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0100000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0100000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt015000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0784
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0784
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PERFORMS AN ANNUAL ASSESSMENT FOR ANY UNCERTAINTY IN INCOME TAX POSITIONS, WHICH INCLUDES AN ANALYSIS OF WHETHER THERE ARE ANY TAX POSITIONS THE ORGANIZATION TAKES WITH REGARD TO UNRELATED BUSINESS INCOME, RELATED DEDUCTIONS APPLIED, OR OTHER ACTIVITIES THAT MAY JEOPARDIZE ITS TAX EXEMPT STATUS AND THUS WOULD MEET THE DEFINITION OF AN UNCERTAIN TAX POSITION. NO TAX LIABILITY ACCRUAL WAS RECORDED RELATING TO MATERIAL UNCERTAIN POSITIONS TAKEN AS MANAGEMENT BELIEVES THERE ARE NONE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0100000
IRS990ScheduleD/TotalBookValueOtherAssetsAmt015000
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD REVIEWS THE FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BEFORE CONTRACTS ARE SIGNED, THE POTENTIAL FOR CONFLICTS IS REVIEWED. IF A CONFLICT EXISTS, THE CONTRACT PROPOSAL IS REJECTED. THE BOARD'S INTERESTS ARE REVIEWED IN ACCORDANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORIGINIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 71,692. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 71,692.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0162512
IRS990/TotalAssetsEOYAmt0235009
IRS990/TotalAssetsGrp/BOYAmt0162512
IRS990/TotalAssetsGrp/EOYAmt0235009
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0332126
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03169
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04941
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0129862
IRS990/TotalFunctionalExpensesGrp/TotalAmt0137972
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0123954
IRS990/TotalLiabilitiesEOYAmt08490
IRS990/TotalLiabilitiesGrp/BOYAmt0123954
IRS990/TotalLiabilitiesGrp/EOYAmt08490
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt038558
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0226519
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0129862
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-16463
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt010270
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0325933
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0162512
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0235009
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/USAddress/AddressLine1Txt0946 PARSONS AVENUE
IRS990/USAddress/CityNm0COLUMBUS
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd043206
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0N/A
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/PersonNm0MICHAEL PREMO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06144457342
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PARSONS AVENUE REDEVELOPMENT CORPORATION

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