Overview
What is The Parris Foundation?
The Parris Foundation is a nonprofit organization situated in Houston, Texas, with a focus on serving underprivileged communities. Their primary mission is to offer complimentary counseling, education, and wellness resources. The Foundation's activities are geared towards supporting first-generation, low-income, and underrepresented populations in pursuing higher education. This includes assistance with college applications, financial aid, and entrance exams. They also provide guidance for reentry into secondary education, GED programs, or postsecondary education, and offer career exploration opportunities through job-shadowing. Furthermore, The Parris Foundation runs credit recovery alternative programs to help high school students make up for missed or failed courses. The Foundation serves around 558 students through these initiatives. In summary, The Parris Foundation strives to empower underserved communities in Houston, Texas, by providing access to educational resources and personal growth opportunities.
Official website here: www.parrisfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. The Parris Foundation demonstrates commendable strengths in governance and financial oversight, with an independent board and effective audit practices. The organization's program expense ratio is notably high at 93.43%, indicating that the majority of its funds are directed towards its mission-related activities.
However, the foundation faces significant challenges regarding transparency and policy compliance. The absence of a whistleblower policy and a document retention policy, along with the missing tax form on its website, negatively impacts its accountability score. These omissions suggest areas that require improvement to enhance stakeholder trust and overall governance.
The liability to asset ratio of 75% raises concerns about the foundation's financial stability, as it may indicate high levels of debt relative to its assets. While the foundation shows strong performance in certain areas, addressing the highlighted weaknesses will be crucial for improving its overall rating and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Parris Foundation legitimate?
The Parris Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Parris Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $84,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $812,568
For more financial information, click here
Official website here: www.parrisfoundation.org
What is the mission statement of The Parris Foundation?
The Parris Foundation's mission is centered around providing assistance to underserved communities. Specifically, it aims to offer free counseling, education, and wellness services. The foundation's objective is to provide opportunities for personal, academic, and professional growth to these communities. In this regard, they have an Educational Services Program that supports first-generation, low-income, and underrepresented populations in higher education. This program provides assistance with college applications, financial aid, test preparation, and secondary school reentry, among other services. The program served 558 students through credit recovery alternative programs in 20XX.
Official website here: www.parrisfoundation.org
What is the revenue of The Parris Foundation?
The Parris Foundation's revenue in 2023 was $1,631,209.
Official website here: www.parrisfoundation.org
Who are the executives of The Parris Foundation and what are their salaries?
The average compensation at The Parris Foundation during 2023 was $22,414. There are 40 employees and 10 volunteers at The Parris Foundation.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $83,623
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.parrisfoundation.org
Where can I find the form 990 for The Parris Foundation?
The Parris Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.parrisfoundation.org
Learn more at the official website: www.parrisfoundation.org
Mission Statement of The Parris Foundation
The Parris Foundation, a nonprofit organization, is committed to serving underserved communities in a proactive manner. Its mission is twofold: to provide free counseling, education, and wellness services. The Foundation seeks to empower these communities by offering personal, academic, and professional growth opportunities.
To achieve its mission, The Parris Foundation has implemented an Educational Services Program. This program primarily focuses on supporting first-generation, low-income, and underrepresented populations in higher education. The Foundation assists these individuals in various ways, including completing college admission and financial aid applications, preparing for college entrance examinations, and offering guidance on secondary school reentry or entry into alternative education programs. Furthermore, the program provides career exploration and job-shadowing opportunities, exposing students to careers that require a postsecondary degree. Additionally, credit recovery alternative programs are available, allowing high school students to recover course credits they have missed or failed. Through this program, The Parris Foundation served 558 students.
In summary, The Parris Foundation is a nonprofit organization that provides free counseling, education, and wellness services to underserved communities. Its Educational Services Program supports first-generation, low-income, and underrepresented populations in higher education, offering various assistance to help these individuals gain access to higher education and career opportunities.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Parris Foundation has made a significant impact on underserved communities in Houston, Texas, by providing essential services that promote personal, academic, and professional growth. Through its Educational Services Program, the foundation supports first-generation, low-income, and underrepresented populations in higher education.
This program delivers crucial assistance in various areas, including the completion of college admission and financial aid applications, preparation for college entrance examinations, and guidance for students reentering secondary school or pursuing alternative education paths, such as GED programs. Additionally, it facilitates career exploration and job-shadowing opportunities, exposing students to professions that require postsecondary degrees.
With a focus on credit recovery, the foundation helps high school students regain course credits for classes they have missed or failed, serving a total of 558 students through these initiatives. Overall, The Parris Foundation not only empowers individuals with the tools they need to succeed academically but also opens doors to a brighter future for those in need within the community.
This information is meant to be a general summary of The Parris Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $7,602
- Gross Receipts: $1,631,209
Assets and Liabilities:
- Total Assets: $157,165
- Total Liabilities: $83,329
- Net Assets: $73,836
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Counseling services
Revenue
$7,602
Organization Details
Founding Year
2008
Principal Officer
Katherine Bacon
Website
www.parrisfoundation.orgNTEE Category
Code: B82 - Education
If you are a representative of The Parris Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.