Civic Intelligence

Parity Org Inc.

990 • Fiscal year 2021 • EIN 82-0904363

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

1800 North Lynn Street 2608Arlington, VA 22209

(415) 500-5875

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.03x

Higher debt load relative to assets than 53% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

41st percentile

0.01x

Higher debt load relative to revenue than 41% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

31st percentile

1.5%

Higher net margin than 31% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

24th percentile

-2.0%

Faster asset growth than 24% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

91st percentile

162%

Faster revenue growth than 91% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Down

$207,737

Down $4,140 (-2.0%) from 2020

Net Assets

Up

$200,651

Up $9,556 (+5.0%) from 2020

Liabilities

Down

$7,086

Down $13,696 (-66%) from 2020

Revenue

Up

$657,602

Up $406,602 (+162%) from 2020

Expenses

Up

$648,046

Up $329,283 (+103%) from 2020

Net Income

Up

$9,556

Up $77,319 (+114%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2017: $20,025Liabilities 2017: $0Net Assets 2017: $20,0252017Assets 2018: $186,756Liabilities 2018: $20,000Net Assets 2018: $166,7562018Assets 2019: $255,324Liabilities 2019: $0Net Assets 2019: $255,3242019Assets 2020: $211,877Liabilities 2020: $20,782Net Assets 2020: $191,0952020Assets 2021: $207,737Liabilities 2021: $7,086Net Assets 2021: $200,6512021Assets 2022: $530,785Liabilities 2022: $21,772Net Assets 2022: $509,0132022Assets 2023: $357,008Liabilities 2023: $1,110Net Assets 2023: $355,8982023Assets 2024: $359,530Liabilities 2024: $9,784Net Assets 2024: $349,7462024

Highlighted filing

2021

Assets$207,737
Liabilities$7,086
Net Assets$200,651

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2017: $41,025Expenses 2017: $21,000Net Income 2017: $20,0252017Revenue 2018: $293,770Expenses 2018: $147,039Net Income 2018: $146,7312018Revenue 2019: $320,042Expenses 2019: $214,582Net Income 2019: $105,4602019Revenue 2020: $251,000Expenses 2020: $318,763Net Income 2020: -$67,7632020Revenue 2021: $657,602Expenses 2021: $648,046Net Income 2021: $9,5562021Revenue 2022: $979,968Expenses 2022: $671,606Net Income 2022: $308,3622022Revenue 2023: $249,976Expenses 2023: $423,607Net Income 2023: -$173,6312023Revenue 2024: $70,200Expenses 2024: $76,352Net Income 2024: -$6,1522024

Highlighted filing

2021

Revenue$657,602
Expenses$648,046
Net Income$9,556
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.2
Gross Receipts
$657,602
Mission and Program Overview

Mission

To educate the public about, and to advocate for, the presence of women in corporate management and government positions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$191,095$200,651▲ $9,556
Cash and Non-Interest-Bearing Accounts$150,057$139,917▼ $10,140
Intangible Assets$61,820$61,820→ $0
Receivables From Officers Etc-$6,000-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$211,877$207,737▼ $4,140
Liabilities
Other Liabilities$20,782$0▼ $20,782
Accounts Payable and Accrued Expenses-$7,086-
Total Liabilities$20,782$7,086▼ $13,696
Net Assets / Fund Balance
Total Net Assets Fund Balance$191,095$200,651▲ $9,556
Total Liabilities and Net Assets / Fund Balance$211,877$207,737▼ $4,140
Compensation and Service Providers

Board Members and Trustees

NameTitle
Amy KennedyDirector
Cathrin StickneyFounder, CEO, CFO
Carolyn MagillSecretary
Mark GorenbergTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$657,602
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$616,820
Change in Net Assets
$9,556
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$391,168
Salaries, Compensation, and Employee Benefits$256,878
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other-$359,772-$359,772
Other Salaries and Wages-$256,878-$256,878
Advertising-$30,850-$30,850
Travel-$546-$546
Total Functional Expenses$0$648,046$0$648,046
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 Officers, Directors, Trustees, and Key Employees-$6,000-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Form 990 was not provided to all members for review before filing.

Form 990, Part VI, Section C, Line 19

Documentation is availale to the public upon request.

Filing and Contact Details

Filer

Filer Name
Parityorg Inc
EIN
82-0904363
Phone
4155005875
Address
1800 NORTH LYNN STREET 2608, ARLINGTON, VA 22209

Signing Officer

Name
Cathrin Stickney
Title
Founder, CEO, CFO
Phone
4155005875
Signed
2022-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cathrin Stickney
Formed
2017
Legal Domicile
Ny
Voting Board Members
1
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Frank Rimerman & Co Llp
Address
ONE EMBARCADERO CENTER SUITE 2410, SAN FRANCISCO, CA 94111
Preparer
Joseph M Albero
Phone
4154391144
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Supplies and materials: program service expenses 0. Management and general expenses 30,947. Fundraising expenses 0. Total expenses 30,947. Professional fees: program service expenses 0. Management and general expenses 22,796. Fundraising expenses 0. Total expenses 22,796. Taxes and licenses: program service expenses 0. Management and general expenses 22,050. Fundraising expenses 0. Total expenses 22,050. Meals and entertainment: program service expenses 0. Management and general expenses 1,908. Fundraising expenses 0. Total expenses 1,908. Contractors: program service expenses 0. Management and general expenses 256,077. Fundraising expenses 0. Total expenses 256,077. Bank charges & fees: program service expenses 0. Management and general expenses 82. Fundraising expenses 0. Total expenses 82. Payroll processing fees: program service expenses 0. Management and general expenses 11,820. Fundraising expenses 0. Total expenses 11,820. Postage: program service expenses 0. Management and general expenses 174. Fundraising expenses 0. Total expenses 174. Insurance: program service expenses 0. Management and general expenses 4,923. Fundraising expenses 0. Total expenses 4,923. Utilities: program service expenses 0. Management and general expenses 1. Fundraising expenses 0. Total expenses 1. Other business expenses: program service expenses 0. Management and general expenses 8,980. Fundraising expenses 0. Total expenses 8,980. Shipping: program service expenses 0. Management and general expenses 14. Fundraising expenses 0. Total expenses 14.

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IRS990/Desc0THE PARITYINDEX:A PRIVATE DASHBOARD IS CREATED FOR COMPANIES TO MEASURE AND REPORT ON THEIR PROGRESS TOWARD GENDER AND RACIAL PARITY. WE DEVELOPED PROPRIETARY ALGORITHMS TO PROVIDE UNIQUE INSIGHTS FOR DIVERSITY AND INCLUSION LEADERS TO BE MORE TARGETED AND EFFECTIVE IN CHANGING THE GENDER AND RACIAL PROFILE IN THEIR COMPANY. WE ALSO STARTED TO DESIGN AN "ENTERPRISE DASHBOARD" FOR ORGANIZATIONS (E.G., VC, ASSOCIATIONS) WANT TO MONITOR THEIR PORTFOLIO COMPANIES' PROGRESS IN DEI.PARITY INDEX HIGHLIGHTS: 5 COMPANIES ARE NOW ON THE INDEX ACG CONTRACT SIGNED AS FIRST ENTERPRISE PARTNER
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE PARITY.ORG WEBSITE:THE WEBSITE IS OUR CHIEF VEHICLE FOR INCREASING AWARENESS AND EDUCATING THE PUBLIC ON THE LACK OF REPRESENTATION OF WOMEN AND PEOPLE OF COLOR AT THE TOP LEVELS OF BUSINESS. NEW WEBSITE COMPLETED BY OCT 28TH.PARITY PLEDGE RESULTS 519 COMPANIESO 15 NEW COMPANIES SIGNED PARITYPLEDGE SINCE LAST BOARD MEETINGO ALL HAVE SIGNED BOTH PLEDGES IN SUPPORT OF WOMEN AND PEOPLE OF COLOR
IRS990/ProgSrvcAccomActy3Grp/Desc0MARKETING, COMMUNICATIONS AND PARTNERSHIPS:PARITY.ORG HAS A DAILY PRESENCE ON SOCIAL MEDIA TO RAISE AWARENESS AND EDUCATE THE PUBLIC ON THE ISSUE OF GENDER AND RACIAL PARITY IN BUSINESS. IN ADDITION, WE MANAGE PROGRAMS THAT ENGAGE BUSINESS PARTNERS IN EFFORTS TO TAKE ACTION TO CLOSE THE PARITY GAPS. THESE INCLUDE BUT ARE NOT LIMITED TO THE BEST COMPANIES FOR WOMEN TO ADVANCE LIST (AN ANNUAL LIST THAT COMPANIES APPLY TO BE ON TO SIGNIFY THEIR DEDICATION TO GENDER PARITY), AND THE PARITY MODEL (A ROADMAP TO REACHING GENDER AND RACIAL PARITY IN AN ORGANIZATION).RESULTS: OUR NEW PARITYPLEDGE FOR PEOPLE OF COLOR ROLLED OUT IN THE SUMMER OF 2020, AND AFTER TESTING THE INITIAL RESULTS OF THE FIRST COHORT, WE DISCOVERED A SIGNIFICANT INCREASE IN THE PERCENT OF POC THAT WERE PLACED INTO LEADERSHIP AND GOVERNANCE POSITIONS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 WAS NOT PROVIDED TO ALL MEMBERS FOR REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTATION IS AVAILALE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SUPPLIES AND MATERIALS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 30,947. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,947. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 22,796. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,796. TAXES AND LICENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 22,050. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,050. MEALS AND ENTERTAINMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,908. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,908. CONTRACTORS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 256,077. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 256,077. BANK CHARGES & FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 82. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 82. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 11,820. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,820. POSTAGE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 174. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 174. INSURANCE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,923. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,923. UTILITIES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1. OTHER BUSINESS EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 8,980. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,980. SHIPPING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 14. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
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IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0211877
IRS990/TotalAssetsEOYAmt0207737
IRS990/TotalAssetsGrp/BOYAmt0211877
IRS990/TotalAssetsGrp/EOYAmt0207737
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0657602
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0648046
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0648046
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt020782
IRS990/TotalLiabilitiesEOYAmt07086
IRS990/TotalLiabilitiesGrp/BOYAmt020782
IRS990/TotalLiabilitiesGrp/EOYAmt07086
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0191095
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0200651
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0657602
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0211877
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0207737
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0546
IRS990/TravelGrp/TotalAmt0546
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01800 NORTH LYNN STREET 2608
IRS990/USAddress/CityNm0ARLINGTON
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd022209
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0HTTPS://PARITY.ORG/
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CATHRIN STICKNEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0FOUNDER, CEO, CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum04155005875
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PARITYORG INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0(FKA OPERATION 50-50 INC)
ReturnHeader/Filer/BusinessNameControlTxt0PARI
ReturnHeader/Filer/EIN0820904363
ReturnHeader/Filer/PhoneNum04155005875
ReturnHeader/Filer/USAddress/AddressLine1Txt01800 NORTH LYNN STREET 2608
ReturnHeader/Filer/USAddress/CityNm0ARLINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd022209
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0941341042
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FRANK RIMERMAN & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0ONE EMBARCADERO CENTER SUITE 2410
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAN FRANCISCO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094111
ReturnHeader/PreparerPersonGrp/PhoneNum04154391144
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH M ALBERO
ReturnHeader/ReturnTs02022-11-15T13:33:16-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CATHRIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0STICKNEY
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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