Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

PARALLEL RESOURCE CORPORATION INC is a nonprofit organization dedicated to providing charitable support and benevolent assistance to families in need. With an operating budget of $77.4K and total revenue of $50K for the 2024 filing year, the organization relies heavily on funding, with a significant portion coming from an unidentified source totaling $463.4K. While specific geographic operations are not detailed, the organization's mission underscores its commitment to family services.

Mission Statement

Charitable Support Benevolent Assistance to Those in Need
Revenues
$50K
Expenses
$89.5K
Net Income:
-$39.5K
Assets
$35.4K
Liabilities
$0
Net Assets:
+$35.4K
Operating Budget
$77.4K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$25K
Largest grant received
$25K
K
Kristi Williams
Employee
D
David Cannon
Board Member
J
Jeff Barnes
Board Member

Frequently Asked Questions

What is PARALLEL RESOURCE CORPORATION INC’s budget?
In 2024, PARALLEL RESOURCE CORPORATION INC reported an annual operating budget of around $77 thousand. More detailed financial information is available to registered users.
What causes does PARALLEL RESOURCE CORPORATION INC support?
PARALLEL RESOURCE CORPORATION INC supports work in Family services.
Where does PARALLEL RESOURCE CORPORATION INC operate?
PARALLEL RESOURCE CORPORATION INC is headquartered in Marietta, GA.
Who funded PARALLEL RESOURCE CORPORATION INC recently?
In 2023, PARALLEL RESOURCE CORPORATION INC received grants from SS Foundation and SS Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant PARALLEL RESOURCE CORPORATION INC received in 2023?
The largest grant to PARALLEL RESOURCE CORPORATION INC in 2023 exceeds $25 thousand.