Civic Intelligence

Parasol Cooperative Foundation

EIN 85-1859235 • 501(c)3 • Hillsborough, NJ

Profile

To build software and communities for NGOs

601 US Hwy 206 Suite 26-311Hillsborough, NJ 08844
Siviq Scores

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

Liabilities / Assets

100th percentile

104.61x

Higher debt load relative to assets than 100% of similar nonprofits.

NTEE P • <$500k nonprofits • Source year 2024

Liabilities / Revenue

96th percentile

1.32x

Higher debt load relative to revenue than 96% of similar nonprofits.

NTEE P • <$500k nonprofits • Source year 2024

Net Margin

12th percentile

-37%

Higher net margin than 12% of similar nonprofits.

NTEE P • <$500k nonprofits • Source year 2024

Top Officer Pay

96th percentile

$60,601

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 31.0% of source-year revenue.

NTEE P • <$500k nonprofits • Source year 2024

Asset Growth

42nd percentile

-2.8%

Faster asset growth than 42% of similar nonprofits.

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

Revenue Growth

96th percentile

510%

Faster revenue growth than 96% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets100th percentile

Assets

Down

$2,471

Down $70 (-2.8%) from 2023

Liabilities

Up

$258,496

Up $73,020 (+39%) from 2023

Net Assets

-$256,025

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue96th percentileNet Margin12th percentile

Revenue

Up

$195,264

Up $163,244 (+510%) from 2023

Expenses

Down

$267,473

Down $14,548 (-5.2%) from 2023

Net Income

Up

-$72,209

Up $177,792 (+71%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth42nd percentile

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

$400K$200K$0-$200K-$400KAssets 2021: $77,141Liabilities 2021: $0Net Assets 2021: $77,1412021Assets 2022: $67,066Liabilities 2022: $0Net Assets 2022: $67,0662022Assets 2023: $2,541Liabilities 2023: $185,4762023Assets 2024: $2,471Liabilities 2024: $258,496Net Assets 2024: -$256,0252024

Highlighted filing

2024

Assets$2,471
Liabilities$258,496
Net Assets-$256,025
Open 2024 Filing

Operations Trend

Revenue Growth96th percentile

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

$400K$200K$0-$200K-$400KRevenue 2021: $84,610Expenses 2021: $9,616Net Income 2021: $74,9942021Revenue 2022: $3,164Expenses 2022: $13,239Net Income 2022: -$10,0752022Revenue 2023: $32,020Expenses 2023: $282,021Net Income 2023: -$250,0012023Revenue 2024: $195,264Expenses 2024: $267,473Net Income 2024: -$72,2092024

Highlighted filing

2024

Revenue$195,264
Expenses$267,473
Net Income-$72,209
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
$2,471
Liabilities
$258,496
Net assets
-$256,025
Revenue
$195,264
Expenses
$267,473
Net income
-$72,209
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.02$2.58$2.56$1.95$2.67$0.72
2023Summary only. Only limited summary data is available for this year.$0.03$1.85$0.32$2.82$2.50
2022Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$0.03$0.13$0.10
2021Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$0.85$0.10$0.75
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
May 15, 2023
Return Version
2022v5.0
Gross Receipts
$3,164
Mission and Program Overview

Mission

To build software and communities for NGOs

Program Services

DescriptionGrantsExpenses
CMS and Companion Phone App: Prototyped and validated a tech app for DV orgs and survivors; finalized features needed in order for DV victims to safely request and deliver time-sensitive communications. Minimum viable product in process.$0$7,081
Domestic Violence Technology Cooperative: Partnered with Sakhi, MADRE, Harvard Med BIDMC, Jane Doe, NNEDV to jointly survey and research services needed in addition to the CMS and phone app. This project was placed on hold early in 2022 to best allocate resources within the organization.$0$1,040
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Meghana ShahDirector/ CEOPT$0--
Lise-Marie GiovinettiCOOPT$0--
Taruna MitalTreasurerPT$0--
Derek BenzDirector-$0--
Bennett MorrisonDirector-$0--
Maria ButlerDirector-$0--
Filing and Contact Details

Filer

Filer Name
Parasol Cooperative Foundation
EIN
85-1859235
Phone
3372555867
Address
601 US HWY 206 SUITE 26-311, Hillsborough, NJ 08844

Signing Officer

Name
Meghana Shah
Title
Director/ CEO
Phone
3372555867
Signed
2023-05-15
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Description;Amount^Software License Maintenance;3697|Insurance;2190|Bank Fees;134|Taxes Paid;86|Office Supplies;21^Total;6128^”

Raw XML Appendix168 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/AddressChangeInd0X
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Meghana Shah
IRS990EZ/BooksInCareOfDetail/PhoneNum03372555867
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt047 Woods Road
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Hillsborough
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd008844
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt077141
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt067066
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt03164
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-10075
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt07111
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt077141
IRS990EZ/Form990TotalAssetsGrp/EOYAmt067066
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt03164
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt077141
IRS990EZ/NetAssetsOrFundBalancesEOYAmt067066
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt077141
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt067066
IRS990EZ/OccupancyRentUtltsAndMaintAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt030
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt34
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt44
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt54
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Meghana Shah
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Lise-Marie Giovinetti
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Taruna Mital
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Derek Benz
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Bennett Morrison
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Maria Butler
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director/ CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1COO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt06128
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To build software and communities for NGOs
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CMS and Companion Phone App: Prototyped and validated a tech app for DV orgs and survivors; finalized features needed in order for DV victims to safely request and deliver time-sensitive communications. Minimum viable product in process.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Domestic Violence Technology Cooperative: Partnered with Sakhi, MADRE, Harvard Med BIDMC, Jane Doe, NNEDV to jointly survey and research services needed in addition to the CMS and phone app. This project was placed on hold early in 2022 to best allocate resources within the organization.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt07081
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt11040
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt013239
IRS990EZ/TotalProgramServiceExpensesAmt08121
IRS990EZ/TotalRevenueAmt03164
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03164
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt084610
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt08049
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt095823
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01
IRS990ScheduleA/PublicSupportTotal170Amt095823
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03164
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt084610
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt08049
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt095823
IRS990ScheduleA/TotalSupportAmt095824
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Software License Maintenance;3697|Insurance;2190|Bank Fees;134|Taxes Paid;86|Office Supplies;21^Total;6128^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Meghana Shah
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director/ CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum03372555867
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PARASOL COOPERATIVE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0PARA
ReturnHeader/Filer/EIN0851859235
ReturnHeader/Filer/PhoneNum03372555867
ReturnHeader/Filer/USAddress/AddressLine1Txt0601 US HWY 206 SUITE 26-311
ReturnHeader/Filer/USAddress/CityNm0Hillsborough
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008844
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02023-05-12T16:54:40-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.