Small Public Charity

Parallel Partners Group Inc

Parallel Partners Group Inc is a Small Public Charity headquartered in Essex Fells, NJ. Financial data from the 2024 filing: $117K revenue, $129K expenses, $68K total assets. 8 publicly reported grants to this organization, totaling roughly $80K, appear in IRS filings.

EIN: 815428363 Essex Fells, NJ Latest filing: 2024
Total Revenue$117K
Total Expenses$129K
Total Assets$68K
Grant Records8
Funding Total$80K
Filing Years2019–2024

Mission

Schedule O

Officers & Directors

CEO David C Andersen
EXECUTIVE VP Ed Morgan
PRESIDENT Sonya Mcnair

Officer compensation and complete director data available with membership.

Top Grant Purposes

GROWTH
$37,400 3 grants
UNRESTRICTED GENERAL SUPPORT
$20,000 3 grants
JOBS AND WORKPLACE
$15,800 1 grant
For grant recipient's exempt purposes
$7,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $117K $129K $68K
2023 $113K $132K $79K
2022 $155K $129K $99K
2020 $108K $121K $57K
2019 $155K $142K $47K

Between 2019 and 2024, reported annual revenue declined from $155K to $117K (-24%), with total assets most recently reported at $68K.

Interactive year-over-year charts and full filing details available with membership.

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