Civic Intelligence

Parallel Partners Group Inc.

990EZ • Fiscal year 2024 • EIN 81-5428363

Jan 01, 2024 to Dec 31, 2024 • Filed on Sep 22, 2025

Organization ProfileN/A
133 Fells RoadEssex Fells, NJ 07021

(917) 757-1741

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 2024

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2024

Net Margin

26th percentile

-9.8%

Higher net margin than 26% of similar nonprofits.

2024 filings • NTEE J • <$500k nonprofits • Source year 2024

Top Officer Pay

96th percentile

$82,500

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 70.4% of source-year revenue.

2024 filings • NTEE J • <$500k nonprofits • Source year 2024

Asset Growth

28th percentile

-15%

Faster asset growth than 28% of similar nonprofits.

2024 filings • NTEE J • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

53rd percentile

3.6%

Faster revenue growth than 53% of similar nonprofits.

2024 filings • NTEE J • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$67,636

Down $11,573 (-15%) from 2023

Net Assets

Down

$67,636

Down $11,449 (-14%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin26th percentile

Revenue

Up

$117,179

Up $4,097 (+3.6%) from 2023

Expenses

Down

$128,628

Down $3,831 (-2.9%) from 2023

Net Income

Up

-$11,449

Up $7,928 (+41%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth28th percentile

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

$100K$50K$0Assets 2017: $47,875Liabilities 2017: $02017Assets 2018: $43,851Liabilities 2018: $11,363Net Assets 2018: $32,4882018Assets 2019: $47,433Liabilities 2019: $1,862Net Assets 2019: $45,5712019Assets 2020: $56,903Liabilities 2020: $24,326Net Assets 2020: $32,5772020Assets 2021: $72,844Liabilities 2021: $891Net Assets 2021: $71,9532021Assets 2022: $98,514Liabilities 2022: $52Net Assets 2022: $98,4622022Assets 2023: $79,209Liabilities 2023: $124Net Assets 2023: $79,0852023Assets 2024: $67,636Net Assets 2024: $67,6362024

Highlighted filing

2024

Assets$67,636
Liabilities-
Net Assets$67,636
Open 2024 Filing

Operations Trend

Revenue Growth53rd percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2017: $51,000Expenses 2017: $3,125Net Income 2017: $47,8752017Revenue 2018: $94,860Expenses 2018: $110,247Net Income 2018: -$15,3872018Revenue 2019: $154,763Expenses 2019: $141,680Net Income 2019: $13,0832019Revenue 2020: $107,568Expenses 2020: $120,562Net Income 2020: -$12,9942020Revenue 2021: $126,739Expenses 2021: $128,358Net Income 2021: -$1,6192021Revenue 2022: $155,212Expenses 2022: $128,703Net Income 2022: $26,5092022Revenue 2023: $113,082Expenses 2023: $132,459Net Income 2023: -$19,3772023Revenue 2024: $117,179Expenses 2024: $128,628Net Income 2024: -$11,4492024

Highlighted filing

2024

Revenue$117,179
Expenses$128,628
Net Income-$11,449
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 22, 2025
Return Version
2024v5.2
Gross Receipts
$117,179
Mission and Program Overview

Mission

Schedule O

Program Services

DescriptionGrantsExpenses
NY MEDIA-$128,628
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID C ANDERSENCEOFT$82,500-$82,500
SONYA MCNAIRPresidentPT$22,000-$22,000
ED MORGANExecutive VP-$0--
Filing and Contact Details

Filer

Filer Name
Parallel Partners Group Inc
EIN
81-5428363
Address
133 Fells Road, Essex Fells, NJ 07021

Signing Officer

Name
David C Andersen
Title
President
Signed
2025-09-22
Discuss with paid preparer
Yes

Preparer

Firm
Theodore W Angowski CPA
Address
327 Valley Rd, W Orange, NJ 07052
Preparer
Theodore W Angowski CPA
Phone
9737318181
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

“Supplies 99”

Form 990-EZ, Part I, Line 16, Other Expenses

“Ministry Expenses 12,515”

Form 990-EZ, Part I, Line 16, Other Expenses

“Processing Fees 462”

Form 990-EZ, Part I, Line 16, Other Expenses

“Payroll Taxes 8,802”

Form 990-EZ, Part I, Line 16, Other Expenses

“Postage 150”

Form 990-EZ, Part II, Line 24, Other Assets

“Prepaid payroll Taxes Beginning of year 0, End of year 176”

Form 990-EZ, Part II, Line 26, Liabilities

“PAYROLL TAX PAYABLE Beginning of year 124, End of year 0”

Raw XML Appendix152 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/PersonNm0DR DAVID CHRISTIAN ANDERSEN
IRS990EZ/BooksInCareOfDetail/PhoneNum09177571741
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0133 FELLS ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ESSEX FELLS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007021
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt079209
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt067460
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IRS990EZ/ContributionsGiftsGrantsEtcAmt0117175
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IRS990EZ/ExcessOrDeficitForYearAmt0-11449
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt067636
IRS990EZ/GrossReceiptsAmt0117179
IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/InvestmentIncomeAmt04
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt079085
IRS990EZ/NetAssetsOrFundBalancesEOYAmt067636
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt079085
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt067636
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1030.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt082500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt122000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAVID C ANDERSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SONYA MCNAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ED MORGAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2EXECUTIVE VP
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0176
IRS990EZ/OtherExpensesTotalAmt022028
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Schedule O
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0NY MEDIA
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0128628
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt0104500
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0124
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt0128628
IRS990EZ/TotalProgramServiceExpensesAmt0128628
IRS990EZ/TotalRevenueAmt0117179
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0117175
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0113075
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0155207
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0126776
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0107563
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0619796
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0619796
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0117175
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0113075
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0155207
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0126776
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0107563
IRS990ScheduleA/Total509Grp/TotalAmt0619796
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0117175
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0113075
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0155207
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0126776
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0107563
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0619796
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Supplies 99
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Ministry Expenses 12,515
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Processing Fees 462
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Payroll Taxes 8,802
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Postage 150
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Prepaid payroll Taxes Beginning of year 0, End of year 176
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PAYROLL TAX PAYABLE Beginning of year 124, End of year 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID C ANDERSEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Parallel Partners Group Inc
ReturnHeader/Filer/BusinessNameControlTxt0PARA
ReturnHeader/Filer/EIN0815428363
ReturnHeader/Filer/USAddress/AddressLine1Txt0133 Fells Road
ReturnHeader/Filer/USAddress/CityNm0Essex Fells
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007021
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201804075
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Theodore W Angowski CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0327 Valley Rd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0W Orange
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007052
ReturnHeader/PreparerPersonGrp/PhoneNum09737318181
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Theodore W Angowski CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-09-22T05:13:58-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$67,636
Liabilities
-
Net assets
$67,636
Revenue
$117,179
Expenses
$128,628
Net income
-$11,449
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.68$0.68$1.17$1.29$0.11
2023Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$1.13$1.32$0.19
2022Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.98$1.55$1.29$0.27
2021Detailed filing. Detailed filing data is available for this year.$0.73$0.01$0.72$1.27$1.28$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.57$0.24$0.33$1.08$1.21$0.13
2019Detailed filing. Detailed filing data is available for this year.$0.47$0.02$0.46$1.55$1.42$0.13
2018Detailed filing. Detailed filing data is available for this year.$0.44$0.11$0.32$0.95$1.10$0.15
2017Summary only. Only limited summary data is available for this year.$0.48$0.00$0.51$0.03$0.48