Civic Intelligence

Parambil Group Inc.

990EZ • Fiscal year 2023 • EIN 85-4346195

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 21, 2024

808 Windblown LaneRedwood City, CA 94065

(650) 995-2966

Siviq Scores

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

Liabilities / Assets

88th percentile

0.35x

Higher debt load relative to assets than 88% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

94th percentile

0.81x

Higher debt load relative to revenue than 94% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

96th percentile

80%

Higher net margin than 96% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

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.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

97th percentile

267%

Faster asset growth than 97% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

87th percentile

79%

Faster revenue growth than 87% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$435,678

Up $316,916 (+267%) from 2022

Net Assets

Up

$283,913

Up $165,151 (+139%) from 2022

Liabilities

Up

$151,765

Up $151,765 from 2022

Revenue

Up

$188,376

Up $83,386 (+79%) from 2022

Expenses

Up

$37,657

Up $35,287 (+1489%) from 2022

Net Income

Up

$150,719

Up $48,099 (+47%) from 2022

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2020: $116,025Liabilities 2020: $0Net Assets 2020: $116,0252020Assets 2021: $70,774Liabilities 2021: $0Net Assets 2021: $70,7742021Assets 2022: $118,762Liabilities 2022: $0Net Assets 2022: $118,7622022Assets 2023: $435,678Liabilities 2023: $151,765Net Assets 2023: $283,9132023Assets 2024: $609,915Liabilities 2024: $232,190Net Assets 2024: $377,7252024

Highlighted filing

2023

Assets$435,678
Liabilities$151,765
Net Assets$283,913

Operations Trend

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

$200K$100K$0-$100KRevenue 2020: $121,785Expenses 2020: $5,760Net Income 2020: $116,0252020Revenue 2021: -$22,005Expenses 2021: $1,120Net Income 2021: -$23,1252021Revenue 2022: $104,990Expenses 2022: $2,370Net Income 2022: $102,6202022Revenue 2023: $188,376Expenses 2023: $37,657Net Income 2023: $150,7192023Revenue 2024: $199,652Expenses 2024: $103,129Net Income 2024: $96,5232024

Highlighted filing

2023

Revenue$188,376
Expenses$37,657
Net Income$150,719
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 21, 2024
Return Version
2023v5.1
Gross Receipts
$192,386
Mission and Program Overview

Mission

Provide affordable housing to low to moderate income individuals, distressed elderly, veterans, disabled and single mothers.

Affordable housing to distressed

Program Services

DescriptionGrantsExpenses
PROVIDE AFFORDABLE HOUSING TO LOW TO MODERATE INCOME INDIVIDUALS, DISTRESSED ELDERLY, VETERANS, DISABLED AND SINGLE MOTHERS. THE NONPROFIT WAS ABLE TO LOCATE A FIVE-UNIT DWELLING THAT IS BEING USED TO HOUSE SUCH INDIVIDUALS$0$30,101
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JENSEN PHILIPPresident, Secretary, TreaFT$0--
Filing and Contact Details

Filer

Filer Name
Parambil Group Inc
EIN
85-4346195
Phone
6509952966
Address
808 WINDBLOWN LANE, REDWOOD CITY, CA 94065

Signing Officer

Name
Jensen Philip
Title
President
Phone
6509952966
Signed
2024-08-21
Discuss with paid preparer
Yes

Preparer

Firm
Anderson Law Group Pllc
Address
3225 MCLEOD DRIVE, LAS VEGAS, NV 89121
Preparer
Karim Hanafy
Phone
8889692677
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: interest income. Amount: 4. Description: cap gain distributions. Amount: 5. Total to form 990-ez, line 8: 9.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 2,773.

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

Description: investment/bank fees. Amount: 184. Description: telephone. Amount: 1,648. Description: low inc housing management fee. Amount: 7,000. Description: insurance. Amount: 4,902. Description: low income housing utilities. Amount: 1,744. Description: low income property repairs/maintenance. Amount: 6,200. Description: interest expense. Amount: 3,755. Description: low income housing real estate tax. Amount: 2,937. Description: office expenses. Amount: 1,716. Description: travel. Amount: 1,338. Total to form 990-ez, line 16: 31,424.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: unrealized gains on investments. Amount: 14,432.

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

Description: investments through td ameritrade. Beg. Of year amount: 13,417. End of year amount: 23,402. Description: other depreciable assets. Beg. Of year amount: 0. End of year amount: 39,289.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: grant avenue mortgage. Beg. Of year amount: 0. End of year amount: 109,852. Description: vehicle loan. Beg. Of year amount: 0. End of year amount: 23,289. Description: credit card. Beg. Of year amount: 0. End of year amount: 12,124. Description: security deposits. Beg. Of year amount: 0. End of year amount: 6,500.

Raw XML Appendix150 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/BooksInCareOfDetail/PersonNm0JENSEN PHILIP
IRS990EZ/BooksInCareOfDetail/PhoneNum06509952966
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0808 WINDBLOWN LANE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0REDWOOD CITY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd094065
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0105345
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt034304
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IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
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IRS990EZ/GrossReceiptsAmt0192386
IRS990EZ/InfoInScheduleOPartIIIInd0X
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IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt0338683
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0118762
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0283913
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0118762
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0283913
IRS990EZ/OccupancyRentUtltsAndMaintAmt02773
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt060.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JENSEN PHILIP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT, SECRETARY, TREA
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt062691
IRS990EZ/OtherChangesInNetAssetsAmt014432
IRS990EZ/OtherExpensesTotalAmt031424
IRS990EZ/OtherRevenueTotalAmt09
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0AFFORDABLE HOUSING TO DISTRESSED
IRS990EZ/PrintingPublicationsPostageAmt0300
IRS990EZ/ProgramServiceRevenueAmt016461
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE AFFORDABLE HOUSING TO LOW TO MODERATE INCOME INDIVIDUALS, DISTRESSED ELDERLY, VETERANS, DISABLED AND SINGLE MOTHERS. THE NONPROFIT WAS ABLE TO LOCATE A FIVE-UNIT DWELLING THAT IS BEING USED TO HOUSE SUCH INDIVIDUALS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt030101
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SaleOfAssetsGrossAmt0701
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CO
IRS990EZ/StatesWhereCopyOfReturnIsFldCd1CA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0151765
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalProgramServiceExpensesAmt030101
IRS990EZ/TotalRevenueAmt0188376
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0175215
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0105000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0121785
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0403500
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt016460
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt08070
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0121785
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0403500
IRS990ScheduleA/TotalSupportAmt0403500
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/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 4. DESCRIPTION: CAP GAIN DISTRIBUTIONS. AMOUNT: 5. TOTAL TO FORM 990-EZ, LINE 8: 9.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DEPRECIATION. AMOUNT: 2,773.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: INVESTMENT/BANK FEES. AMOUNT: 184. DESCRIPTION: TELEPHONE. AMOUNT: 1,648. DESCRIPTION: LOW INC HOUSING MANAGEMENT FEE. AMOUNT: 7,000. DESCRIPTION: INSURANCE. AMOUNT: 4,902. DESCRIPTION: LOW INCOME HOUSING UTILITIES. AMOUNT: 1,744. DESCRIPTION: LOW INCOME PROPERTY REPAIRS/MAINTENANCE. AMOUNT: 6,200. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 3,755. DESCRIPTION: LOW INCOME HOUSING REAL ESTATE TAX. AMOUNT: 2,937. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 1,716. DESCRIPTION: TRAVEL. AMOUNT: 1,338. TOTAL TO FORM 990-EZ, LINE 16: 31,424.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: UNREALIZED GAINS ON INVESTMENTS. AMOUNT: 14,432.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: INVESTMENTS THROUGH TD AMERITRADE. BEG. OF YEAR AMOUNT: 13,417. END OF YEAR AMOUNT: 23,402. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 39,289.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION: GRANT AVENUE MORTGAGE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 109,852. DESCRIPTION: VEHICLE LOAN. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 23,289. DESCRIPTION: CREDIT CARD. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 12,124. DESCRIPTION: SECURITY DEPOSITS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 6,500.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JENSEN PHILIP
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06509952966
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PARAMBIL GROUP INC
ReturnHeader/Filer/BusinessNameControlTxt0PARA
ReturnHeader/Filer/EIN0854346195
ReturnHeader/Filer/PhoneNum06509952966
ReturnHeader/Filer/USAddress/AddressLine1Txt0808 WINDBLOWN LANE
ReturnHeader/Filer/USAddress/CityNm0REDWOOD CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094065
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0911956265
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ANDERSON LAW GROUP PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03225 MCLEOD DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAS VEGAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd089121
ReturnHeader/PreparerPersonGrp/PhoneNum08889692677
ReturnHeader/PreparerPersonGrp/PreparationDt02024-08-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KARIM HANAFY
ReturnHeader/ReturnTs02024-08-21T16:27:21-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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