Parity Org INC EIN 82-0904363 Form 990 (PDF) Claim this org

Parity Org INC

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Educates and advocates for women in corporate and government leadership roles. For fiscal year 2024 it reported $70K in revenue, $76K in expenses, and $350K in net assets.Pt I

Type
Public charity (501(c)(3)) · Civil Rights & Advocacy
Location
Arlington, VA
Website
parity.org
Filings
5 on file (2020–2024)
Revenue
$70KFY2024
Expenses
$76K
Net assets
$350K
People
5
Filings
5
Updates
0
More identity details & actions ⌄
EIN  82-0904363 Public charity (501(c)(3)) Arlington, VA
Form 990 (PDF)
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Size
<$100K
What they do
Educates and advocates for women in corporate and government leadership roles.
Leadership
Cathrin Stickney · Founder, CEO, CFO, Executive Chair
Money in and out
$70K revenue, $76K expenses
Bottom line
64% program efficiency
Where the money goes · FY2024
Total revenue
$70K
Pt VIII · Ln 12
Total expenses
$76K
Pt IX · Ln 25
Net assets
$350K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$6K
Where spending went · Part IX cols B–D
Program services $0.64 Management & general $0.20 Fundraising $0.17
Program efficiency
64%
of spending reaches programs▼ -16% vs prior filing year
Operating runway
42.9mo
months of highly liquid reserves at operating expense rate▲ +411% vs prior filing year
Surplus margin
-9%
revenue over expenses, this year▲ +87% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$70K
FY2024▼ -72%
Expenses
$76K
FY2024▼ -82%
Total assets
$360K
FY2024▲ +0.7%
Total liabilities
$10K
FY2024▲ +781%
Total revenue
$70K
Pt VIII · Ln 12
Total expenses
$76K
Pt IX · Ln 25
Net assets
$350K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$6K
Total assetsPt X · Ln 16$360K
Program-expense ratioPt IX · col B64%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CParity Org INC
EINHdr · item D82-0904363
Principal addressHdr · item CArlington, VA
WebsiteHdr · item Jparity.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCivil Rights & Advocacy (R24)
Ruling yearIRS BMFMar 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Founder, CEO, CFO, Executive Chair
$0Pt VII · Sec A
Director, Treasurer
$0Pt VII · Sec A
Director, Secretary
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A

Dina Schenk’s $188K as President, VP of Marketing is at the 99th percentile of top reported officer pay among 237 <$100K civil rights & advocacy 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 · 1 named individual · Part VII

NameFY2023FY2022
Dina Schenk$187,794$125,000

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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Mission & Programs · Part III

Where the work happens

3 program services account for $49K of program spending, described in the organization's own filed words · FY2024.
01

Revamped organizational messaging to help combat growing disinformation about dei. The organization's goal was to ensure people understand that dei (and PARITY.ORG) has never been about providing unfair advantages to some, but rather about eliminating unfair advantages and creating a more level playing field so that all employees have an…

$49Kprogram expense
02

Completed the first full year of successful operations as a 100 percent volunteer run organization with zero paid staff members, ensuring sustainability and maximizing the impact of donor dollars.

Pt IX · col B
03

Developed and launched the organization's first annual best companies for equal advancement opportunity program.

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants100%$70K
Total revenueLn 12$70K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.64 Management & general $0.20 Fundraising $0.17
Program services64%$49K
Management & general20%$15K
Fundraising17%$13K
Total functional expensesLn 25$76K

Balance Sheet

Part X · end of year
CashLn 1$273K
Total assetsLn 16$360K
Total liabilitiesLn 26$10K
Total net assetsLn 32$350K
Months of cash on handcomputed42.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $273K · Operating expenses/yr $76K
42.9 months
Where the money goes
Program services
Program services $49K · Total expenses $76K
64%
Management & General
Management & general $15K · Total expenses $76K
20%
Fundraising
Fundraising $13K · Total expenses $76K
17%
Cost to raise $1
Fundraising expense (3-yr avg) $14K · Solicited contributions (3-yr avg) $430K
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $70K · Total revenue $70K
100%
Government reliance
Government grants — · Total revenue $70K
Earned-income share
Program service revenue $0 · Total revenue $70K
0%
Investment reliance
Investment income $0 · Total revenue $70K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $76K
0%
Growth & trend
Revenue growth (YoY)
This year $70K · Prior year $250K
-72%
Revenue CAGR
FY2020 $251K · FY2024 $70K
-27%
Net-asset trend (YoY)
End of year $350K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $70K · Expenses $76K
-9%
Liabilities-to-Assets
Total liabilities — · Total assets $360K
Net-asset ratio
Net assets $350K · Total assets $360K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $360K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Cathrin Stickney · Reported title FOUNDER, CEO, CFO, EXECUTIVE CHAIR · Highest reported compensation $0 · Total expenses $76K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $76K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 64%
Overhead ratio 20%
Fundraising cost ratio 18%
Revenue growth -72%

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 · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$10K

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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)$70K revenue · viewing · ⤓ 990 PDF
FY2023$250K revenue · ⤓ 990 PDF
FY2022$980K revenue · ⤓ 990 PDF
FY2021$658K revenue · ⤓ 990 PDF
FY2020$251K 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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