Parents Connected EIN 80-0592329

Parents Connected

EIN  80-0592329 Public charity (501(c)(3)) Antioch, CA
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Size
<$100K
What they do
Prepares students for college with skills, test prep, and aid assistance.
Leadership
Synitha Walker · Executive Director · $18K
Money in and out
$37K revenue, $59K expenses
Bottom line
30% program efficiency

Prepares students for college with skills, test prep, and aid assistance. For fiscal year 2024 it reported $37K in revenue, $59K in expenses, and $121K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$37K
Pt VIII · Ln 12
Total expenses
$59K
Pt IX · Ln 25
Net assets
$121K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$22K
Where spending went · Part IX cols B–D
Program services $0.30 Management & general $0.63 Fundraising $0.07
Program efficiency
30%
of spending reaches programs▲ +10% vs prior filing year
Operating runway
24.0mo
months of highly liquid reserves at operating expense rate▼ -19% vs prior filing year
Surplus margin
-58%
revenue over expenses, this year▲ +79% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$37K
FY2024▲ +147%
Expenses
$59K
FY2024▲ +6%
Total assets
$121K
FY2024▼ -15%
Total liabilities
$0
FY2024
Total revenue
$37K
Pt VIII · Ln 12
Total expenses
$59K
Pt IX · Ln 25
Net assets
$121K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$22K
Total assetsPt X · Ln 16$121K
Program-expense ratioPt IX · col B30%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $18K of program spending, described in the organization's own filed words · FY2024.
01

Act and Sat Boot Camps

Twice per academic year, parents connected provides workshops, conducted by leading professionals, to help students prepare for the act and sat college entrance exams. The preparation courses are offeredat low cost for general participants.

$18Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CParents Connected
EINHdr · item D80-0592329
Principal addressHdr · item CAntioch, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFAug 2012

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
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
Executive Director
$18,000Pt VII · Sec A
President
$12,000Pt VII · Sec A
Treasurer
$3,900Pt VII · Sec A
$500Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Synitha Walker’s $18K as Executive Director is at the 55th percentile of top reported officer pay among 144 <$100K education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2021FY2020
Maria Healy$12,000$19,500$12,000$12,000
Synitha Walker$18,000$13,001$18,000$18,000
Ambrus Reese$3,900$3,600$3,600$360
Michelle Baker$500

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 & grants100%$37K
Investment income$1
Total revenueLn 12$37K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.30 Management & general $0.63 Fundraising $0.07
Program services30%$18K
Management & general63%$37K
Fundraising7%$4K
Total functional expensesLn 25$59K

Balance Sheet

Part X · end of year
CashLn 1$118K
Total assetsLn 16$121K
Total liabilitiesLn 26$0
Total net assetsLn 32$121K
Months of cash on handcomputed24.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $118K · Operating expenses/yr $59K
24.0 months
Where the money goes
Program services
Program services $18K · Total expenses $59K
30%
Management & General
Management & general $37K · Total expenses $59K
63%
Fundraising
Fundraising $4K · Total expenses $59K
7%
Cost to raise $1
Fundraising expense (3-yr avg) $4K · Solicited contributions (3-yr avg) $19K
$0.21 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $37K · Total revenue $37K
100%
Government reliance
Government grants — · Total revenue $37K
Earned-income share
Program service revenue $0 · Total revenue $37K
0%
Investment reliance
Investment income $1 · Total revenue $37K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $59K
0%
Growth & trend
Revenue growth (YoY)
This year $37K · Prior year $15K
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $121K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $37K · Expenses $59K
-58%
Liabilities-to-Assets
Total liabilities — · Total assets $121K
Net-asset ratio
Net assets $121K · Total assets $121K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $121K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Synitha Walker · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $18K · Total expenses $59K
31%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $34K · Total expenses $59K
58%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 30%
Overhead ratio 63%
Fundraising cost ratio 11%
Revenue growth 147%

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.

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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 (Latest)$37K revenue · viewing · ⤓ 990 PDF
FY2023$15K revenue · ⤓ 990 PDF
FY2022$5K revenue · ⤓ 990 PDF
FY2021$5K revenue · ⤓ 990 PDF
FY2020$146 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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