Parris Foundation
- Assets
- $391.9k
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 40
- Location
- Houston, TX
- Founding
- 03/2010
- Data as of
- 08/2023
- EIN
- 26-4041884
Organization Overview
Parris Foundation is located in Houston, TX. The organization was established in 2010. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 08/2023, Parris Foundation employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parris Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2023, Parris Foundation generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 48.2% each year . All expenses for the organization totaled $1.6m during the year ending 08/2023. While expenses have increased by 50.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FREE COUNSELING, EDUCATION, AND WELLNESS TO UNDERSERVED COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL SERVICES PROGRAM - PROVIDES EDUCATIONAL SUPPORT TO FIRST-GENERATION, LOW-INCOME, AND UNDERREPRESENTED POPULATIONS IN HIGHER EDUCATION, INCLUDING ASSISTANCE IN COMPLETING COLLEGE ADMISSION AND FINANCIAL AID APPLICATIONS; ASSISTANCE IN PREPARING FOR COLLEGE ENTRANCE EXAMINATIONS; GUIDANCE ON AND ASSISTANCE IN SECONDARY SCHOOL REENTRY, ENTRY TO GENERAL EDUCATIONAL DEVELOPMENT (GED) PROGRAMS, OTHER ALTERNATIVE EDUCATION PROGRAMS FOR SECONDARY SCHOOL DROPOUTS, OR POSTSECONDARY EDUCATION; CAREER EXPLORATION AND JOB-SHADOWING WHERE STUDENTS ARE EXPOSED TO CAREERS REQUIRING A POSTSECONDARY DEGREE; AND CREDIT RECOVERY ALTERNATIVE PROGRAMS ALLOWING HIGH SCHOOL STUDENTS TO RECOVER COURSE CREDITS FROM CLASSES THEY HAVE MISSED OR FAILED AND SERVING 1,144 STUDENTS THROUGH THIS PROGRAM.
TRAINING AND LEADERSHIP DEVELOPMENT PROGRAM - PROVIDES TRAINING, CONTINUING EDUCATION SEMINARS, CURRICULUM-BASED COMMUNITY EDUCATIONAL WORKSHOPS, AND CLINICAL SUPERVISION FOR LICENSED PROFESSIONAL COUNSELORS, LAW ENFORCEMENT PROFESSIONALS, SOCIAL WORKERS, AND OTHER HELPING PROFESSIONALS. ONE HUNDRED AND FIVE (105) WERE TRAINED THROUGH THIS PROGRAM. FROM SEPTEMBER 1, 2022, TO AUGUST 31, 2023, NINETY-SIX (96) HOURS OF CLINICAL SERVICES PLUS SUPERVISION AND TRAINING SESSIONS WERE PROVIDED FOR GRADUATE COUNSELING INTERNS. THE FAIR MARKET VALUE OF THESE DONATED SERVICES IS APPROXIMATELY $12,000.
CRIME VICTIM SERVICES - THIS PROGRAM ASSISTS WITH CRIME VICTIM COMPENSATION, INFORMATION AND REFERRAL, CRISIS INTERVENTION, INDIVIDUAL AND GROUP COUNSELING, ASSISTANCE WITH VICTIM IMPACT PANELS AND STATEMENTS, AND CRIME VICTIM FOLLOW-UP AND ADVOCACY. SIX HUNDRED AND SIXTY-FOUR (664) VICTIMS WERE SERVED THROUGH THIS PROGRAM. FROM SEPTEMBER 1, 2022, TO AUGUST 31, 2023, TWO VOLUNTEER GRADUATE COUNSELING INTERNS DONATED 1,622 HOURS OF COUNSELING SESSIONS. THE FAIR MARKET VALUE OF THESE DONATED SERVICES IS APPROXIMATELY $40,548.
SCHOLARSHIP & EDUCATIONAL FUNDING PROGRAM AWARDS SCHOLARSHIPS TO GRADUATING HIGH SCHOOL SENIORS FOR UP TO FOUR YEARS OF UNDERGRADUATE STUDY, PROVIDED THAT THE RECIPIENT MAINTAINS A MINIMUM CUMULATIVE GRADE POINT AVERAGE OF 2.5 ON A 4.0 SCALE. SIX RECIPIENTS HAVE RECEIVED SCHOLARSHIPS FROM THIS PROGRAM.SCHOLARSHIP & EDUCATIONAL FUNDING PROGRAM - AWARDS SCHOLARSHIPS TO GRADUATING HIGH SCHOOL SENIORS FOR UP TO 4 YEARS OF UNDERGRADUATE STUDY FOR ANY RECIPIENT WHO MAINTAINS A MINIMUM CUMULATIVE GRADE POINT AVERAGE OF 2.5 ON A 4.0 SCALE. SIX RECIPIENTS RECEIVED A SCHOLARSHIP FROM THIS PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Bacon Chair/executive Director | OfficerTrustee | 40 | $0 |
Alfred Bacon Vice-Chair/vice President | OfficerTrustee | 60 | $83,623 |
Angela Hartmann Secretary | OfficerTrustee | 3 | $0 |
Ty Johnson Treasurer | OfficerTrustee | 2 | $0 |
Victor Cortez Director | Trustee | 1 | $0 |
Tanya Tlynn Harrison Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,613,311 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,296 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,623,607 |
| Total Program Service Revenue | $7,602 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,631,209 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $84,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $812,568 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $79,123 |
| Payroll taxes | $78,399 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,220 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $60,342 |
| Advertising and promotion | $40,664 |
| Office expenses | $30,865 |
| Information technology | $82,231 |
| Royalties | $0 |
| Occupancy | $68,586 |
| Travel | $41,603 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,532 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,748 |
| All other expenses | $0 |
| Total functional expenses | $1,607,095 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,824 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $164,391 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $24,835 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $193,898 |
| Total assets | $391,948 |
| Accounts payable and accrued expenses | $27,028 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $75,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $191,970 |
| Total liabilities | $293,998 |
| Net assets without donor restrictions | $97,950 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $391,948 |