Parenting Translator Foundation is located in Richmond, VA. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parenting Translator 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 12/2023, Parenting Translator Foundation generated $328.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 34.5% each year . All expenses for the organization totaled $391.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARENTING TRANSLATOR PROVIDES INFORMATION FOR PARENTS THROUGH A SOCIAL MEDIA PLATFORM THAT OFFERS SCIENTIFIC RESEARCH IN CHILD PSYCHOLOGY THAT IS USEFUL, ACCURATE, AND RELEVANT.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter O Goodwin Director | 0.1 | $0 | |
Cara Goodwin Director, President | 20 | $0 | |
Rebecca Berlin Director | 40 | $220,161 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $320,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,396 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$26 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,494 |
| Total Revenue | $328,864 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $220,161 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $18,616 |
| Interest | $0 |
| Taxes | $19,402 |
| Depreciation | $0 |
| Occupancy | $1,850 |
| Travel, conferences, and meetings | $335 |
| Printing and publications | $0 |
| Other expenses | $12,235 |
| Total operating and administrative expenses | $391,161 |
| Contributions, gifts, grants paid | $45 |
| Total expenses and disbursements | $391,206 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $240,050 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $21 |
| 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 | $5,378 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $245,449 |
| 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 |