Parentchild Plus INC EIN 11-2495601

Parentchild Plus INC

EIN  11-2495601 Public charity (501(c)(3)) New York, NY Founded 1979
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/20/26 · see original filing: IRS
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Size
$1–10M
What they do
Helps families build strong early learning skills through home visits and evidence-based programs.
Leadership
Sarah Walzer · CEO · $189K
Money in and out
$5.9M revenue, $7.3M expenses
Bottom line
87% program efficiency

Helps families build strong early learning skills through home visits and evidence-based programs. For fiscal year 2024 it reported $5.9M in revenue, $7.3M in expenses, and $8.5M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$5.9M
Pt VIII · Ln 12
Total expenses
$7.3M
Pt IX · Ln 25
Net assets
$8.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$1.4M
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.08 Fundraising $0.05
Program efficiency
87%
of spending reaches programs▼ -4% vs prior filing year
Operating runway
11.8mo
months of highly liquid reserves at operating expense rate▼ -19% vs prior filing year
Surplus margin
-24%
revenue over expenses, this year▼ -375% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$5.9M
FY2024▼ -14%
Expenses
$7.3M
FY2024▲ +17%
Total assets
$9.7M
FY2024▼ -5%
Total liabilities
$1.2M
FY2024▲ +64%
Total revenue
$5.9M
Pt VIII · Ln 12
Total expenses
$7.3M
Pt IX · Ln 25
Net assets
$8.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$1.4M
Total assetsPt X · Ln 16$9.7M
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 322
Independent voting membersPt I · Ln 422
Mission & Programs · Part III

Where the work happens

3 program services account for $6.1M of program spending, described in the organization's own filed words · FY2024.
01

Replication

Ongoing program support for partner agencies and sites replicating both parentchild+ models, updating and development of curriculum and other program materials, and program quality assurance and fidelity support.

$4.3Mprogram expense
02

Outreach

Outreach to new audiences for both parentchild+ program models - development of outreach content and tools (website, newsletters, social media, one-pagers), presentations, and responding to requests from prospective communities and partner agencies.

$1.2Mprogram expense
03

Research

Program services relating to gathering data and conducting research to track fidelity to both parentchild+ models and support evidence-based claims of the models' efficacy.

$572Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CParentchild Plus INC
EINHdr · item D11-2495601
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jparentchildplus.org
Year of formationHdr · item L1979
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFOct 1981

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a22
Independent voting membersPt VI · Ln 1b22
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$189,335Pt VII · Sec A
$159,317Pt VII · Sec A
Research & Evaluation Director
$120,372Pt VII · Sec A
Ntl Dir, Home-Based Child Care Model
$111,600Pt VII · Sec A
California State Director
$110,207Pt VII · Sec A
Nys Regional Director
$101,391Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Sarah Walzer$189,335$179,503$172,397$167,418
Sarah Walzer$164,550$163,200
Avery Serebin$159,317$147,938$138,841
Helen Serebin$131,772$128,820$121,437
Cesar Zuniga$120,372$114,146$105,123$101,234$103,000
Anita Stewart$103,623$104,631$116,232
Vidya Ragoo$111,600$104,763
Whitney Evans Fuston$110,207

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$5.2M · 88%
Program service revenue$502K · 8%
Investment income$223K · 4%
Contributions & grants88%$5.2M
Program service revenue8%$502K
Investment income4%$223K
— government grantsLn 1e$296K
Total revenueLn 12$5.9M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.08 Fundraising $0.05
Program services87%$6.4M
Management & general8%$593K
Fundraising5%$340K
Total functional expensesLn 25$7.3M

Balance Sheet

Part X · end of year
CashLn 1$2.7M
Total assetsLn 16$9.7M
Total liabilitiesLn 26$1.2M
Total net assetsLn 32$8.5M
Months of cash on handcomputed4.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $7.2M · Operating expenses/yr $7.3M
11.8 months
Where the money goes
Program services
Program services $6.4M · Total expenses $7.3M
87%
Management & General
Management & general $593K · Total expenses $7.3M
8%
Fundraising
Fundraising $340K · Total expenses $7.3M
5%
Cost to raise $1
Fundraising expense (3-yr avg) $256K · Solicited contributions (3-yr avg) $7.1M
$0.04 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $5.2M · Total revenue $5.9M
88%
Government reliance
Government grants $296K · Total revenue $5.9M
5%
Earned-income share
Program service revenue $502K · Total revenue $5.9M
8%
Investment reliance
Investment income $223K · Total revenue $5.9M
+4%
Program self-sufficiency
Program service revenue $502K · Total expenses $7.3M
7%
Growth & trend
Revenue growth (YoY)
This year $5.9M · Prior year $6.9M
-14%
Revenue CAGR
FY2019 $4.1M · FY2024 $5.9M
+8%
Net-asset trend (YoY)
End of year $8.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $5.9M · Expenses $7.3M
-24%
Liabilities-to-Assets
Total liabilities — · Total assets $9.7M
Net-asset ratio
Net assets $8.5M · Total assets $9.7M
87%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $4.5M · Other securities (Pt X, ln 12) $29K · Total assets (Pt X, ln 16) $9.7M
46%
People & payroll
Highest Reported Total Compensation
Individual Sarah Walzer · Reported title CEO · Highest reported compensation $189K · Total expenses $7.3M
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2.8M · Total expenses $7.3M
38%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 8%
Fundraising cost ratio 7%
Revenue growth -14%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 23 funders →
Grants paid · 149 grants · $15.1M · 2019–2024
Masa-Mexed INCNY · FY2024$411,000
First 5 Santa Clara CountyFY2024$350,000
The Child Center of Ny INCNY · FY2024$113,650
Rising Ground INCNY · FY2024$71,765
Brightside Up INCNY · FY2024$50,000
Catholic Charities of Onondaga NyNY · FY2024$39,812
Peabody Public SchoolsFY2024$30,000
InlivianNC · FY2024$29,333
See all 149 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$6.9M revenue · ⤓ 990 PDF
FY2023$10.9M revenue · ⤓ 990 PDF
FY2022$6.4M revenue · ⤓ 990 PDF
FY2021$4.9M revenue · ⤓ 990 PDF
FY2020$4.1M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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