Parish Hermitage INC FY2021 filing

New Orleans, LAReligious organization EIN 72-1491370Revenue $155K in FY2021Latest return filed May 13, 2024

On file with the IRSparishlifetherapy.comNew Orleans, LA

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Provide therapy and spiritual direction to pastors, ministers, missionaries, leaders and others

85¢ of each $1 spent went to programs.
$189K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 4
filings with a surplus
Average deficit $93K a year · 54% of revenue · last 4 filings
Concern: a surplus in 0 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$189K
to officers and key staff · 62% of spending
Concern: pay to officers and key staff is 62% of spending; over 30%.
Pt VII · Sec A
<1 mo
of spending, in cash
Plus $211K in investments, Pt X · Ln 11–13
Fine: 0.2 months of spending in cash, plus $211K in investments.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $21
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$5K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$155K
+4% vs prior year
Spent
$304K
To programs
85%
Net assets
$210K
By yearFY2020–FY2023
Revenue
$155K
FY2021▲ +4%
Tap a bar for its year
Revenue by fiscal year
FY2020$149K
FY2021$155K
FY2022$224K
FY2023$158K
Expenses
$304K
FY2021▲ +87%
Tap a bar for its year
Expenses by fiscal year
FY2020$163K
FY2021$304K
FY2022$319K
FY2023$273K
Net assets
$210K
FY2021▼ -41%
Tap a bar for its year
Net assets by fiscal year
FY2020$359K
FY2021$210K
FY2022$114K
FY2023$0

From the FY2021 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $259K Management & general 15% · $46K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990; $189K paid to officers and key staff.

Part VII, Section A · reportable compensation
$154,000Pt VII · Sec A
$35,354Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2022FY2021FY2020
William E Parish$162,000$154,000$93,400
Judy Parish$36,437$35,354$7,200

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.

See Parish Hermitage INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers therapy and spiritual guidance to religious leaders and their families.

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1 program · $259K · in their own filed words · FY2021
01

We provided several forms of therapy, guidance, teaching, spiritual direction and consulting in our home. In addition we take these forms of work to people as we travel to work with guests in their homes, retreat houses, or other designated spaces.

$259Kprogram expense

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 · FY2023
Total grants receivedfrom 1 funder$21

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$155K
Ln 12
Fees for servicesLn 2g$120K
Gifts and grantsLn 1h$22K
Investment incomeLn 3$14K
Money outPt IX
$304K
Ln 25
Programscol B$259K
Managementcol C$46K
Owns and owesPt X
$210K
net assets · Ln 32
Cash and savingsLn 1–2$4K
Total assetsLn 16$215K
LiabilitiesLn 26$5K
PeoplePt VI, VII
7
listed · VII A
PaidVII A2
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$22K
Fees for servicesLn 2g$120K
Investment incomeLn 3$14K
Gains on assetsLn 7$8K
Total revenueLn 12$155K
Assets in detailPt X, end of year
CashLn 1$4K
Cash and savings togetherLn 1–2$4K
InvestmentsLn 11–13$211K
Total assetsLn 16$215K
LiabilitiesLn 26$5K
Net assetsLn 32$210K
OperationsPt I, VI
EmployeesI 52
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$111K$4K
InvestmentsLn 11–13$257K$211K
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$368K$215K
LiabilitiesLn 26$10K$5K
Net assetsLn 32$359K$210K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$900$900
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$189K$170K$19K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$47K$42K$5K
Payroll taxesLn 10$11K$10K$1K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$5K$4K$486
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$1K$927$103
Advertising and promotionLn 12$0
Office expensesLn 13$761$685$76
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$5K$5K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$20K$20K
Other expenses (24a–d)Ln 24$24K$23K$600
All other expensesLn 24e$1K$880$169
Total functional expensesLn 25$304K$259K$46K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 LatestFiled with the IRS May 13, 2024 $158K$273K−$114K$0 990 PDF
FY2022Filed with the IRS Jun 29, 2023 $224K$319K−$95K$114K 990 PDF
FY2021 ViewingFiled with the IRS Jun 15, 2022 $155K$304K−$149K$210K 990 PDF
FY2020Filed with the IRS Sep 22, 2021 $149K$163K−$14K$359K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants J · Pay O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $155,470 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $15,964$21,990
I-9 Program service revenuePrior year $103,905$119,879
I-10 Investment incomePrior year $9,349$13,601
I-11 Other revenuePrior year $19,592$0
I-12 Total revenuePrior year $148,810$155,470
I-13 Grants and similar amounts paid$900
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $108,508$247,070
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $54,070$56,284
I-18 Total expensesPrior year $162,578$304,254
I-19 Revenue less expensesPrior year −$13,768−$148,784
Part VI · Governance 5 of 5 board members independent, 3 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $155,470 across 9 lines filed
VIII-1f All other contributions, gifts and grants$21,990
VIII-1h Total contributions, gifts and grants$21,990
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $119,879$119,879
VIII-3 Investment incomeRelated to mission $6,069$6,069
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsExcluded from tax $7,532$7,532
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $125,948 · Excluded from tax $7,532$155,470
Part IX · Statement of functional expenses $304,254 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individualsPrograms $900$900
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $170,419 · Management $18,935$189,354
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $42,199 · Management $4,689$46,888
IX-10 Payroll taxesPrograms $9,746 · Management $1,082$10,828
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesPrograms $4,374 · Management $486$4,860
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $927 · Management $103$1,030
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $685 · Management $76$761
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelPrograms $5,211$5,211
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $19,592$19,592
IX-24 Other expenses (24a–d)Programs $23,181 · Management $600$23,781
IX-24e All other expensesPrograms $880 · Management $169$1,049
IX-25 Total functional expensesPrograms $258,522 · Management $45,732 · Fundraising $0$304,254
Part X · Balance sheet $214,774 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $111,237$4,085
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-5 Loans to officers and key people$0
X-6 Loans to other insiders$0
X-7 Notes and loans receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securitiesStart of year $257,097$210,689
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $368,334$214,774
X-25 Other liabilitiesStart of year $9,736$4,960
X-26 Total liabilitiesStart of year $9,736$4,960
X-27 Net assets without donor restrictionsStart of year $358,598$209,814
X-32 Total net assets or fund balancesStart of year $358,598$209,814
X-33 Total liabilities and net assetsStart of year $368,334$214,774
Part XI · Reconciliation of net assets $209,814 net assets at year end
XI-1 Total revenue$155,470
XI-2 Total expenses$304,254
XI-3 Revenue less expenses−$148,784
XI-4 Net assets at start of year$358,598
XI-10 Net assets at end of year$209,814

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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