Parc Carbondale Foundation

Tax-deductible

Carbondale, IL501(c)(3)HousingEIN 82-2956219Revenue $27K in FY2024

On file with the IRS1155 Cedar CT, 62901-5333 · Carbondale, ILTax-exempt since Apr 2019Publicly supported charity — 170(b)(1)(A)(vi)

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Parc Foundation was formed to assist individuals in the recovery from drug and alcohol addiction by providing homes for individuals while recovering from drug and alcohol addiction. Residents will hold jobs and be required to assist paying the operating costs for the homes.

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $8K a year · 46% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.9 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$5K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$27K
+169% vs prior year
Spent
$34K
To programs
82%
Net assets
$272K
By yearFY2020–FY2024
Revenue
$27K
FY2024▲ +169%
Tap a bar for its year
Revenue by fiscal year
FY2020$15K
FY2021$16K
FY2022$14K
FY2023$10K
FY2024$27K
Expenses
$34K
FY2024▲ +58%
Tap a bar for its year
Expenses by fiscal year
FY2020$17K
FY2021$24K
FY2022$26K
FY2023$21K
FY2024$34K
Net assets
$272K
FY2024▼ -3%
Tap a bar for its year
Net assets by fiscal year
FY2020$309K
FY2021$302K
FY2022$290K
FY2023$279K
FY2024$272K

From the FY2024 Form 990 · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2019.

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

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $28K Management & general 18% · $6K

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

4 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
$0Pt VII · Sec A
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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 15aNo

Programs and updates

Provides sober housing and support for individuals recovering from addiction.

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Provided by the organization

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1 program · $28K · in their own filed words · FY2024
01

Parc foundation acquired dogs amd began training and care of said future service dogs to be placed for the use of individuals suffering the effects of drug and alcohol abuse and addiction. In addition, the foundation assisted one indivdual surrering from addiction to obtain licensing to resume their medical career.

$28Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $8K · 2024–2024
Unitemized GrantFY2024$7,595

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$27K
Ln 12
Other incomeLn 4–11$26K
Gifts and grantsLn 1h$520
Money outPt IX
$34K
Ln 25
Programscol B$28K
Managementcol C$6K
Owns and owesPt X
$272K
net assets · Ln 32
Cash and savingsLn 1–2$3K
Total assetsLn 16$276K
LiabilitiesLn 26$5K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$520
Other incomeLn 4–11$26K
Total revenueLn 12$27K
Assets in detailPt X, end of year
CashLn 1$3K
Cash and savings togetherLn 1–2$3K
Land, buildings, equipmentLn 10c$274K
Total assetsLn 16$276K
LiabilitiesLn 26$5K
Net assetsLn 32$272K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$3K
Land, buildings, equipmentLn 10c$281K$274K
Total assetsLn 16$281K$276K
LiabilitiesLn 26$2K$5K
Net assetsLn 32$279K$272K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$2K$2K
Grants to domestic individualsLn 2$8K$8K
Accounting feesLn 11c$2K$2K
Office expensesLn 13$900$900
Information technologyLn 14$4K$4K
TravelLn 17$282$282
Conferences, conventions and meetingsLn 19$705$705
All other expensesLn 24e$17K$17K
Total functional expensesLn 25$34K$28K$6K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $27K$34K−$7K$272K 990 PDF
FY2023 $10K$21K−$11K$279K 990 PDF
FY2022 $14K$26K−$12K$290K 990 PDF
FY2021 $16K$24K−$7K$302K 990 PDF
FY2020 $15K$17K−$1K$309K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $26,916 revenue, 12 lines filed
I-8 Contributions and grants$520
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$26,396
I-12 Total revenue$26,916
I-13 Grants and similar amounts paid$9,595
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expenses$24,311
I-18 Total expenses$33,906
I-19 Revenue less expenses−$6,990
Part VI · Governance 4 of 4 board members independent, 5 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $26,916 across 5 lines filed
VIII-1f All other contributions, gifts and grants$520
VIII-1h Total contributions, gifts and grants$520
VIII-6 Net rental income or lossRelated to mission $26,396$26,396
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $26,396 · Unrelated business $0 · Excluded from tax $0$26,916
Part IX · Statement of functional expenses $33,906 across 8 lines filed
IX-1 Grants to domestic organizationsPrograms $2,000$2,000
IX-2 Grants to domestic individualsPrograms $7,595$7,595
IX-11c Accounting feesManagement $1,753$1,753
IX-13 Office expensesManagement $900$900
IX-14 Information technologyManagement $3,597$3,597
IX-17 TravelPrograms $282$282
IX-19 Conferences, conventions and meetingsPrograms $705$705
IX-24e All other expensesPrograms $17,074$17,074
IX-25 Total functional expensesPrograms $27,656 · Management $6,250 · Fundraising $0$33,906
Part X · Balance sheet $276,416 assets, 8 lines filed
X-1 Cash, non-interest-bearing$2,643
X-10c Land, buildings and equipment, netStart of year $280,952$273,773
X-16 Total assetsStart of year $280,952$276,416
X-17 Accounts payable and accrued expenses$4,856
X-26 Total liabilitiesStart of year $2,402$4,856
X-27 Net assets without donor restrictionsStart of year $278,550$271,560
X-32 Total net assets or fund balancesStart of year $278,550$271,560
X-33 Total liabilities and net assetsStart of year $280,952$276,416
Part XI · Reconciliation of net assets $271,560 net assets at year end
XI-1 Total revenue$26,916
XI-2 Total expenses$33,906
XI-3 Revenue less expenses−$6,990
XI-4 Net assets at start of year$278,550
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$271,560

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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