Parsons Inc
- Assets
- $90.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Goshen, IN
- Founding
- 07/2018
- Data as of
- 12/2021
- EIN
- 82-3822343
Organization Overview
Parsons Inc is located in Goshen, IN. The organization was established in 2018. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parsons Inc 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 12/2021, Parsons Inc generated $136.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $115.0k during the year ending 12/2021. While expenses have increased by 6.7% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROMOTE THE GOSPEL THROUGH THE SINGING OF GOSPEL MUSIC. THE ORGANIZATION DOES THIS THROUGH THEIR PERFOMANCES A SPRITITUAL MEETINGS SUCH AS REVIVALS, CAMP MEETINGS, AND CHURCH S
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Annette Parsons President President Treasurer | 0 | $0 | |
Olivia Parsons Secretary | 0 | $0 | |
Chloe Parsons Director | 0 | $0 | |
Kenneth Parsons Director | 0 | $0 | |
Billy Fields Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $115,596 |
| Total Program Service Revenue | $20,606 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $136,202 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $24,000 |
| Professional fees and other payments to independent contractors | $1,600 |
| Occupancy, rent, utilities, and maintenance | $537 |
| Printing, publications, postage, and shipping | $90 |
| Other expenses | $88,738 |
| Total expenses | $114,965 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $89,957 |
| Other assets | $0 |
| Total assets | $89,957 |
| Total liabilities | $7,758 |
| Net assets or fund balances | $82,199 |
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