Civic Intelligence

Parachute Project Inc.

990EZ • Fiscal year 2023 • EIN 92-2748588

Jan 01, 2023 to Dec 31, 2023 • Filed on May 15, 2024

Organization Profilewww.parachuteproject.org
134 N 4th St 2nd FL Office 2168Brooklyn, NY 11249-0000

(347) 609-7337

Siviq Scores

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

Liabilities / Assets

68th percentile

0.00x

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

2023 filings • NTEE B80 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

68th percentile

0.00x

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

2023 filings • NTEE B80 • <$500k nonprofits • Source year 2023

Net Margin

69th percentile

31%

Higher net margin than 69% of similar nonprofits.

2023 filings • NTEE B80 • <$500k nonprofits • Source year 2023

Top Officer Pay

99th percentile

$124,639

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 77.9% of source-year revenue.

2023 filings • NTEE B80 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

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

Source year 2023

Revenue Growth

Score unavailable

No value available

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

Source year 2023

Balance Sheet
Liabilities / Assets68th percentile

Assets

$45,551

No earlier filing loaded for comparison.

Net Assets

$45,551

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue68th percentileNet Margin69th percentile

Revenue

$159,951

No earlier filing loaded for comparison.

Expenses

$110,669

No earlier filing loaded for comparison.

Net Income

$49,282

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.

$60K$40K$20K$0Assets 2023: $45,551Liabilities 2023: $0Net Assets 2023: $45,5512023Assets 2024: $27,015Liabilities 2024: $638Net Assets 2024: $26,3772024

Highlighted filing

2023

Assets$45,551
Liabilities$0
Net Assets$45,551
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$300K$200K$100K$0-$100KRevenue 2023: $159,951Expenses 2023: $110,669Net Income 2023: $49,2822023Revenue 2024: $226,311Expenses 2024: $254,649Net Income 2024: -$28,3382024

Highlighted filing

2023

Revenue$159,951
Expenses$110,669
Net Income$49,282
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 15, 2024
Return Version
2023v5.0
Gross Receipts
$160,012
Mission and Program Overview

Mission

The Parachute Project program opens pathways for global talent to contribute to the United States economy by training the future U.S. workforce. We help global talent and their employers secure H-1B visas without the unpredictability of the lottery. At the heart of our mission are former international students and professionals. We believe they hold the key to enriching the U.S. education system for students across the country.

Professional development and mentorship.

Program Services

DescriptionGrantsExpenses
Provided technical teaching, mentorship, and academic instructions to university students at partnered universities, specializing in or aiming to excel in business, account, legal, or STEM fields through mentorship sessions.--
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sara AhmedExecutive DirectorFT$120,000$4,639$124,639
Sampei OmichiPresidentFT$0--
Filing and Contact Details

Filer

Filer Name
Parachute Project Inc
EIN
92-2748588
Phone
3476097337
Address
134 N 4TH ST 2ND FL OFFICE 2168, BROOKLYN, NY 11249-0000

Signing Officer

Name
Sampei Omichi
Title
President
Phone
3476097337
Signed
2024-05-15
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/Filer/EIN0922748588
ReturnHeader/Filer/PhoneNum03476097337
ReturnHeader/Filer/USAddress/AddressLine1Txt0134 N 4TH ST 2ND FL OFFICE 2168
ReturnHeader/Filer/USAddress/CityNm0BROOKLYN
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ReturnHeader/ReturnTs02024-05-15T01:52:20Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$45,551
Liabilities
$0
Net assets
$45,551
Revenue
$159,951
Expenses
$110,669
Net income
$49,282
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.27$0.01$0.26$2.26$2.55$0.28
2023Detailed filing. Detailed filing data is available for this year.$0.46$0.00$0.46$1.60$1.11$0.49