Public Charity

THE PARACHUTE FOUNDATION

THE PARACHUTE FOUNDATION is a nonprofit organization categorized as Public Charity based in MINNETONKA, MN. Its most recent IRS filing (2024) reports revenue of $208K, expenses of $230K, total assets of $19K. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $10K.

EIN: 841767763 MINNETONKA, MN Latest filing: 2024
Total Revenue$208K
Total Expenses$230K
Total Assets$19K
Grant Records1
Funding Total$10K
Filing Years2022–2024

Mission

SUPPORT FAMILIES DURING EARLY RECOVERY

Officers & Directors

SECRETARY Joseph W Hutton
PRESIDENT Paul Giel Jr
TREASURER Rick Deslauriers

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$10,300 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $208K $230K $19K
2023 $217K $229K $42K
2022 $278K $278K $55K

Between 2022 and 2024, reported annual revenue declined from $278K to $208K (-25%), with total assets most recently reported at $19K.

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

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