Parable Foundation A Non-Profit Corporation
- Assets
- $285.1k
- Revenue
- $46.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Baton Rouge, LA
- Founding
- 03/2012
- Data as of
- 12/2021
- EIN
- 45-4266876
Organization Overview
Parable Foundation A Non-Profit Corporation is located in Baton Rouge, LA. The organization was established in 2012. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parable Foundation A Non-Profit Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2017, Parable Foundation A Non-Profit Corporation has awarded 34 individual grants totaling $184,518. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS FOUNDATION SUPPORTS THE SERVICES OF CHARITABLE ORGANIZATIONS AS WELL AS INDIVIDUALS NEEDING ASSISTANCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda L Rispone Director | 1 | $0 | |
Lauren M Rispone Director | 1 | $0 | |
William C Dawson Director | 1 | $0 | |
Edward L Rispone Director | 1 | $0 | |
Dena Rispone Balart Director | 1 | $0 | |
Tami Tucker York Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $46,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $46,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,010 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,010 |
| Contributions, gifts, grants paid | $39,250 |
| Total expenses and disbursements | $40,260 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,285 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $275,774 |
| Total assets | $285,059 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Parable Foundation A Non-Profit Corporation has awarded $39,250 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
WOMAN'S NEW LIFE CENTER PURPOSE: TO PROVIDE FUNDS TO SUPPORT LIFE-AFFIRMING COUNSELING AND A MEDICAL CENTER THAT SERVES WOMEN FACING UNPLANNED PREGNANCIES IN THE GREATER NEW ORLEANS AND BATON ROUGE AREAS | $15,000 |
INCLUSIVE LOUISIANA PURPOSE: TO PROVIDE FUNDS TO SUPPORT AN ORGANIZATION THAT PROTECTS RESIDENTS FROM ENVIRONMENTAL HARM CAUSED BY INDUSTRIAL POLLUTION | $10,000 |
GARDERE COMMUNITY CHRISTIAN SCHOOL PURPOSE: TO PROVIDE FUNDS TO SUPPORT A CHRISTIAN SCHOOL. | $5,000 |
Covington, LA PURPOSE: TO PROVIDE FUNDS TO SUPPORT AN INTERMEDIATE CARE FACILITY FOR INDIVIDUALS WITH INTELLECTUAL DISABILITIES. | $2,500 |
ST LILIAN ACADEMY PURPOSE: TO PROVIDE FUNDS TO SUPPORT A SCHOOL THAT PROVIDES FOR CHILDREN WITH EXCEPTIONALITIES AND BARRIERS TO EDUCATION. | $2,500 |
ANNA'S GRACE FOUNDATION PURPOSE: TO PROVIDE FUNDS TO SUPPORT THE OFFERING OF EMOTIONAL AND FINANCIAL SUPPORT TO FAMILIES WHO EXPERIENCE MISCARRIAGE, STILLBIRTH, OR INFANT LOSS | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Morgans Wonderland Inclusion Foundation San Antonio, TX | $24,438,940 | $21,840,113 |
Furniture Bank Houston, TX | $4,044,380 | $6,546,446 |
Scanlan Foundation Houston, TX | $209,874,637 | $6,584,694 |
White Cake Family Foundation Dallas, TX | $42,767,869 | $3,380,103 |
Charitable Properties Inc Mesquite, TX | $0 | $4,302,892 |
Bp Foundation Inc Houston, TX | $4,050,119 | $6,036,214 |
Soonae Foundation Burnet, TX | $2,322,115 | $4,666,451 |
Evergreen Foundation Haughton, LA | $11,601,707 | $713,824 |
Green Beret Foundation San Antonio, TX | $4,813,026 | $3,422,970 |
The Credit Bureau Of Baton Rouge Foundation Baton Rouge, LA | $26,265,049 | $1,414,019 |
Soundwaves Art Foundation Lockhart, TX | $1,311,521 | $2,019,206 |
The Jcpenney Foundation Plano, TX | $2,810,788 | $958,516 |