Civic Intelligence

Parasol Cooperative Foundation

990EZ • Fiscal year 2021 • EIN 85-1859235

Jan 01, 2021 to Dec 31, 2021 • Filed on May 15, 2022

Organization ProfileWWW.PARASOLCOOPERATIVE.ORG
47 Woods RoadHillsborough, NJ 08844

(337) 255-5867

Siviq Scores

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

Liabilities / Assets

54th percentile

0.00x

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

2021 filings • NTEE P • <$500k nonprofits • Source year 2021

Liabilities / Revenue

53rd percentile

0.00x

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

2021 filings • NTEE P • <$500k nonprofits • Source year 2021

Net Margin

95th percentile

89%

Higher net margin than 95% of similar nonprofits.

2021 filings • NTEE P • <$500k nonprofits • Source year 2021

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2021 filings • NTEE P • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Balance Sheet
Liabilities / Assets54th percentile

Assets

$77,141

No earlier filing loaded for comparison.

Net Assets

$77,141

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin95th percentile

Revenue

$84,610

No earlier filing loaded for comparison.

Expenses

$9,616

No earlier filing loaded for comparison.

Net Income

$74,994

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$400K$200K$0-$200K-$400KAssets 2021: $77,141Liabilities 2021: $0Net Assets 2021: $77,1412021Assets 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

2021

Assets$77,141
Liabilities$0
Net Assets$77,141
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$400K$200K$0-$200K-$400KRevenue 2021: $84,610Expenses 2021: $9,616Net Income 2021: $74,9942021Revenue 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

2021

Revenue$84,610
Expenses$9,616
Net Income$74,994
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 15, 2022
Return Version
2021v4.0
Gross Receipts
$84,610
Mission and Program Overview

Mission

To build software and communities for NGOs

Program Services

DescriptionGrantsExpenses
Safe Connect CMS/ 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 scheduled for completion Aug 2022.$50,000$529
Gender Based 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.$0$1,257
"Chat and Chai with Megs" Podcast: Aired 3 podcast sessions (1.5 hours of content) to promote education and awareness regarding gender based violence/ abuse and the technology used by orgs to support victims.$0$263
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Meghana ShahDirector/ CEOPT$0--
Fairuz AhmedCommunity Outreach ManagerPT$0--
Swaroop RaneVice President Of TechnologyPT$0--
Lise-Marie GiovinettiTreasurer/ COOPT$0--
Filing and Contact Details

Filer

Filer Name
Parasol Cooperative Foundation
EIN
85-1859235
Phone
3372555867
Address
47 Woods Road, Hillsborough, NJ 08844

Signing Officer

Name
Meghana Shah
Title
Director/ CEO
Phone
3372555867
Signed
2022-05-15
Supplemental Narrative

Additional Explanations

Form 990-EZ, Header, Line B

“Amendments made to 990-EZ Part V Line 41; Schedule A Part I Lines 7 & 8; Schedule A Part II Section A Lines 1(d) & 5(f) (See Schedule A Part VI for more information)”

Form 990-EZ, Part I, Line 16

“Description;Amount^Software License Maintenance;4411|Insurance;2050|Conference Summit Registration Fees;125|Bank Fees;113|Taxes Paid;46^Total;6745^”

Raw XML Appendix180 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/AmendedReturnInd0X
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/BOYAmt02147
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt077141
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt084610
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt074994
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02858
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt02147
IRS990EZ/Form990TotalAssetsGrp/EOYAmt077141
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt084610
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt02147
IRS990EZ/NetAssetsOrFundBalancesEOYAmt077141
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt02147
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt077141
IRS990EZ/OccupancyRentUtltsAndMaintAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt030
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt310
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Meghana Shah
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Fairuz Ahmed
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Swaroop Rane
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Lise-Marie Giovinetti
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director/ CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Community Outreach Manager
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President of Technology
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer/ COO
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt06745
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To build software and communities for NGOs
IRS990EZ/PrintingPublicationsPostageAmt013
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Safe Connect CMS/ 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 scheduled for completion Aug 2022.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Gender Based 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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2"Chat and Chai with Megs" Podcast: Aired 3 podcast sessions (1.5 hours of content) to promote education and awareness regarding gender based violence/ abuse and the technology used by orgs to support victims.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt050000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0529
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt11257
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt2263
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0DE
IRS990EZ/StatesWhereCopyOfReturnIsFldCd1NJ
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt01
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt09616
IRS990EZ/TotalProgramServiceExpensesAmt02049
IRS990EZ/TotalRevenueAmt084610
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0This organization that receives substantial support from general public, it is not a community trust.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1This organization that receives substantial support from general public, it is not a community trust.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2Excluding funds allocated to public support that were an unusual grant in 2020. Unusual grants received from inception through January 31, 2021: $6122 on December 1, 2020.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3Correcting donations that exceed the 2% limitation
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part I, Line 7
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Schedule A, Part I, Line 8
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2Schedule A, Part II, Line 1
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc3Schedule A, Part II, Line 5(f)
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt084610
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01927
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt086537
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt016968
IRS990ScheduleA/SubstantialContributorsTotAmt069569
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt084610
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01927
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt086537
IRS990ScheduleA/TotalSupportAmt086538
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/ExplanationTxt0Amendments made to 990-EZ Part V Line 41; Schedule A Part I Lines 7 & 8; Schedule A Part II Section A Lines 1(d) & 5(f) (See Schedule A Part VI for more information)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;Amount^Software License Maintenance;4411|Insurance;2050|Conference Summit Registration Fees;125|Bank Fees;113|Taxes Paid;46^Total;6745^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Header, Line B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/ProfilePasswordChangeInd0X
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Meghana Shah
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director/ CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum03372555867
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PARASOL COOPERATIVE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0PARA
ReturnHeader/Filer/EIN0851859235
ReturnHeader/Filer/PhoneNum03372555867
ReturnHeader/Filer/USAddress/AddressLine1Txt047 Woods Road
ReturnHeader/Filer/USAddress/CityNm0Hillsborough
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008844
ReturnHeader/ReturnTs02024-05-15T10:02:57-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Meghana
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Shah
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$77,141
Liabilities
$0
Net assets
$77,141
Revenue
$84,610
Expenses
$9,616
Net income
$74,994
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
2021Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$0.85$0.10$0.75