Logo

Employer Identification Number 20-8728956

PARALLEL EXIT INC is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:PARALLEL EXIT INC
Employer identification number (EIN):20-8728956
EIN Issuing AuthorityInternet
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementPROVIDES PROGRAMS IN SCHOOLS AND FOR CHILDREN IN THE ART OF PHYSICAL THEATRE.
Number of Employees21
Number of Volunteers7
Year Formed2007

Organization Governance

Legal DomicileNY
Voting Members - Governing Body6
Voting Members - Independent6

Organization Financials

2023-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 148,520
Program Service Revenue from current yearUSD $ 42,111
Investment Income from current yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 122,870
Net assets / fund balances at end of fiscal yearUSD $ 28,048
Net assets / fund balances at beginning of fiscal yearUSD $ 33,690
Total liabilities at end of fiscal yearUSD $ 1,895
Total liabilities at beginning of fiscal yearUSD $ 10,000
Total assets at end of fiscal yearUSD $ 29,943
Total assets at beginning of fiscal yearUSD $ 43,690
Revenues less expenses for current yearUSD $ -23,869
Revenues less expenses for previous yearUSD $ 10,002
Total expenses for current yearUSD $ 146,739
Total expenses for previous yearUSD $ 227,825
Other expenses in current yearUSD $ 101,673
Other expenses in previous yearUSD $ 152,130
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 45,066
Employee salary and benefits paid in previous yearUSD $ 75,695
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 122,870
Total revenue in previous fiscal yearUSD $ 237,827
Contributions and grants from current yearUSD $ 80,759
Contributions and grants from previous yearUSD $ 89,307
2022-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 10,989
Program Service Revenue from current yearUSD $ 181,558
Investment Income from current yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 270,865
Net assets / fund balances at end of fiscal yearUSD $ 41,917
Net assets / fund balances at beginning of fiscal yearUSD $ 23,688
Total liabilities at end of fiscal yearUSD $ 11,894
Total assets at end of fiscal yearUSD $ 53,811
Total assets at beginning of fiscal yearUSD $ 23,688
Revenues less expenses for current yearUSD $ 10,579
Revenues less expenses for previous yearUSD $ 14,018
Total expenses for current yearUSD $ 260,286
Total expenses for previous yearUSD $ 42,881
Other expenses in current yearUSD $ 108,763
Other expenses in previous yearUSD $ 42,881
Total fundraising expenses in current yearUSD $ 9,662
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 151,523
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 270,865
Total revenue in previous fiscal yearUSD $ 56,899
Contributions and grants from current yearUSD $ 89,307
Contributions and grants from previous yearUSD $ 45,910
Program Service Revenue from current yearUSD $ 148,520
Gross receipts from all sourcesUSD $ 237,827
Net assets / fund balances at end of fiscal yearUSD $ 33,690
Total liabilities at end of fiscal yearUSD $ 10,000
Total assets at end of fiscal yearUSD $ 43,690
Revenues less expenses for current yearUSD $ 10,002
Total expenses for current yearUSD $ 227,825
Other expenses in current yearUSD $ 152,130
Total fundraising expenses in current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 75,695
Total revenue in current fiscal yearUSD $ 237,827
2021-12-31
Gross receipts from all sourcesUSD $ 56,899
Net assets / fund balances at end of fiscal yearUSD $ 23,688
Net assets / fund balances at beginning of fiscal yearUSD $ 9,670
Contributions, Grants, Gifts etc from current yearUSD $ 45,910
Cost sales expenses from gross sales of non-inventory assetsUSD $ 0
Gross income from fundraising eventsUSD $ 0
Direct expenses fromspecial eventsUSD $ 0
Cost of goods soldUSD $ 0
Total revenueUSD $ 56,899
Fees and other payments to independent contractorsUSD $ 17,358
Total of all other expensesUSD $ 23,773
Total of all expensesUSD $ 42,881
Net assets or fund balances at end of yearUSD $ 14,018
Revenue from membership duesUSD $ 0
Net difference of special event income minus expensesUSD $ 0
Gross profit/loss Sales of inventoryUSD $ 0
Rent, utilities and maintenance costsUSD $ 1,750
2020-12-31
Gross receipts from all sourcesUSD $ 55,456
Net assets / fund balances at end of fiscal yearUSD $ 9,670
Net assets / fund balances at beginning of fiscal yearUSD $ 25,062
Contributions, Grants, Gifts etc from current yearUSD $ 45,372
Cost sales expenses from gross sales of non-inventory assetsUSD $ 0
Gross income from fundraising eventsUSD $ 0
Direct expenses fromspecial eventsUSD $ 0
Cost of goods soldUSD $ 0
Total revenueUSD $ 55,456
Employees salaries and other compensation and benefitsUSD $ 7,950
Fees and other payments to independent contractorsUSD $ 33,973
Total of all other expensesUSD $ 21,183
Total of all expensesUSD $ 70,848
Net assets or fund balances at end of yearUSD $ -15,392
Revenue from membership duesUSD $ 0
Net difference of special event income minus expensesUSD $ 0
Gross profit/loss Sales of inventoryUSD $ 0
Rent, utilities and maintenance costsUSD $ 7,742
2019-12-31
Gross receipts from all sourcesUSD $ 46,265
Net assets / fund balances at end of fiscal yearUSD $ 25,062
Net assets / fund balances at beginning of fiscal yearUSD $ 19,691
Contributions, Grants, Gifts etc from current yearUSD $ 40,094
Total revenueUSD $ 46,265
Employees salaries and other compensation and benefitsUSD $ 8,384
Fees and other payments to independent contractorsUSD $ 4,739
Total of all other expensesUSD $ 18,924
Total of all expensesUSD $ 40,894
Net assets or fund balances at end of yearUSD $ 5,371
Rent, utilities and maintenance costsUSD $ 8,840
2018-12-31
Gross receipts from all sourcesUSD $ 74,191
Net assets / fund balances at end of fiscal yearUSD $ 19,691
Net assets / fund balances at beginning of fiscal yearUSD $ 23,218
Contributions, Grants, Gifts etc from current yearUSD $ 58,134
Total revenueUSD $ 74,191
Employees salaries and other compensation and benefitsUSD $ 25,575
Fees and other payments to independent contractorsUSD $ 26,965
Total of all other expensesUSD $ 22,391
Total of all expensesUSD $ 77,718
Net assets or fund balances at end of yearUSD $ -3,527
Rent, utilities and maintenance costsUSD $ 2,387
2017-12-31
Gross receipts from all sourcesUSD $ 23,762
Net assets / fund balances at end of fiscal yearUSD $ 23,218
Net assets / fund balances at beginning of fiscal yearUSD $ 19,558
Contributions, Grants, Gifts etc from current yearUSD $ 17,762
Cost sales expenses from gross sales of non-inventory assetsUSD $ 0
Gross income from fundraising eventsUSD $ 0
Direct expenses fromspecial eventsUSD $ 0
Cost of goods soldUSD $ 0
Total revenueUSD $ 23,762
Fees and other payments to independent contractorsUSD $ 11,375
Total of all other expensesUSD $ 5,975
Total of all expensesUSD $ 20,102
Net assets or fund balances at end of yearUSD $ 3,660
Revenue from membership duesUSD $ 0
Gross income from gamingUSD $ 0
Net difference of special event income minus expensesUSD $ 0
Gross profit/loss Sales of inventoryUSD $ 0
Rent, utilities and maintenance costsUSD $ 948

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 208728956

USA Mailing Address
175 Eastern Parkway
Brooklyn
NY
11238
Date first seen: 2007-01-01
Date last seen: 2024-07-31
USA Mailing Address
175 EASTERN PARKWAY
BROOKLYN
NY
11235
Date first seen: 2007-01-01
Date last seen: 2024-08-31

EIN Events

Event Date Event description
2019-12-31Form 990-N declaration of Gross Receipts Under $25,000 in tax year 2019

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
S1 401k Lookup     VAT Lookup