The Parris Foundation INC FY2023 filing

New York, NY · Public foundation / grantmaker · Since 2009 · Foundations & Grantmakers

✓ Tax-deductible
Revenue
$429K
+34% vs prior year
Spent
$406K
To programs
85%
Net assets
$67K
By yearFY2020–FY2024
Revenue
$429K
FY2023▲ +34%
Revenue by fiscal year
FY2020$163K
FY2021$329K
FY2022$321K
FY2023$429K
FY2024$404K
FY2024$500K
Expenses
$406K
FY2023▲ +31%
Expenses by fiscal year
FY2020$181K
FY2021$355K
FY2022$310K
FY2023$406K
FY2024$378K
FY2024$434K
Net assets
$67K
FY2023▲ +51%
Net assets by fiscal year
FY2020$59K
FY2021$33K
FY2022$44K
FY2023$67K
FY2024$93K
FY2024$159K

From the FY2023 Form 990 (year ending September 2023) · see the original

You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CThe Parris Foundation INC
EINHdr · item D27-1408011
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFDec 2010
Year of formationHdr · item L2009
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CNew York, NY
NTEE classificationIRS BMFFoundations & Grantmakers (T31)
WebsiteHdr · item Jwww.theparrisfoundation.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.08 Fundraising $0.07
Program services85%$344K
Management & general8%$34K
Fundraising7%$28K
Total functional expensesLn 25$406K

Financial health

Is it on solid ground?

Program efficiency
85%
of spending reaches programs
Operating runway
5.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+5%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$766K
FY2023▲ +836%
Total assets by fiscal year
FY2020$81K
FY2021$70K
FY2022$82K
FY2023$766K
FY2024$726K
FY2024$768K
Total liabilities
$699K
FY2023▲ ×19
Total liabilities by fiscal year
FY2020$23K
FY2021$36K
FY2022$38K
FY2023$699K
FY2024$633K
FY2024$609K
Revenue less expensesPt I · Ln 19$23K
Total assetsPt X · Ln 16$766K
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 316
Independent voting membersPt I · Ln 415

Balance Sheet

Part X · end of year
CashLn 1$109K
Total assetsLn 16$766K
Total liabilitiesLn 26$699K
Total net assetsLn 32$67K
Months of cash on handcomputed3.2

Statement of Revenue

Part VIII
Contributions & grants100%$429K
Total revenueLn 12$429K

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $109K · Operating expenses (Pt IX) $406K · Less non-cash grants $169K · Cash operating expenses/yr $237K
5.5 months
Where the money goes
Program services
Program services $344K · Total expenses $406K
85%
Management & General
Management & general $34K · Total expenses $406K
8%
Fundraising
Fundraising $28K · Total expenses $406K
7%
Cost to raise $1
Fundraising expense (3-yr avg) $28K · Solicited contributions (3-yr avg) $360K
$0.08 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $429K · Total revenue $429K
100%
Government reliance
Government grants $0 · Total revenue $429K
0%
Earned-income share
Program service revenue $0 · Total revenue $429K
0%
Investment reliance
Investment income $0 · Total revenue $429K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $406K
0%
Growth & trend
Revenue growth (YoY)
This year $429K · Prior year $321K
+34%
Net-asset trend (YoY)
End of year $67K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $429K · Expenses $406K
+5%
Liabilities-to-Assets
Total liabilities — · Total assets $766K
—
Net-asset ratio
Net assets $67K · Total assets $766K
9%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $766K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Tonya O Parris · Reported title President & Founder · Highest reported compensation $0 · Total expenses $406K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $127K · Total expenses $406K
31%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 85%——
Overhead ratio 8%——
Fundraising cost ratio 7%——
Revenue growth 34%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
President & Founder
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See The Parris Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Governance & Policies

Part VI
  • 16Voting board membersPt VI · Ln 1a
  • 15Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Provides STEM scholarships and outreach to underserved communities.

Provided by the organization

This section is blank until The Parris Foundation INC claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

3 program services account for $344K of program spending, described in the organization's own filed words · FY2022.
01

S.T.E.M.ulating Minds Weekend Enrichment and Summer Camp

$266Kprogram expense
02

S.T.E.M. Coaching & Tutoring

$78Kprogram expense
03

S.T.E.M. Scholarships and Digital Inclusion Grants

Pt IX · col B

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 $404K$378K-6% 990 PDF
FY2023 Viewing $429K$406K+34% 990 PDF
FY2022 $321K$310K-3% 990 PDF
FY2021 $329K$355K+103% 990 PDF
FY2020 $163K$181K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

Similar organizations you could support

Closest in mission — by what they do
See all organizations like The Parris Foundation INC →

Run this organization? Claim this page

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.