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Parity Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311345623 ✦ Dayton, OH ✦ Designated as a 501(c)(3)

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Overview

What is Parity Inc?

Parity Inc, a nonprofit organization with its headquarters in Dayton, Ohio, primarily focuses on empowering the African American community. Situated at 907 West Fifth Street, the organization operates with a team of six dedicated individuals. Their mission is to promote self-sufficiency and foster collaboration with community partners. They achieve this by offering a mentoring program specifically tailored for urban middle school students. This initiative aims to educate, train, and serve the African American community, thereby contributing positively to their well-being.

Is Parity Inc legitimate?

Parity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parity Inc 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: $65,450
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,404

For more financial information, click here

What is the mission statement of Parity Inc?

Parity Inc's mission involves advocating for self-sufficiency and fostering collaborative relationships with community partners. Their primary goal is to educate, train, and serve the African American community through a mentoring program specifically targeted towards middle school students in urban areas. This program aims to provide these students with the necessary guidance and support to help them thrive.

What is the revenue of Parity Inc?

Parity Inc's revenue in 2023 was $195,791.

Who are the executives of Parity Inc and what are their salaries?

The average compensation at Parity Inc during 2023 was $16,714. There are 4 employees and 22 volunteers at Parity Inc.

Here are 12 key members and their salaries:


Carmelia Osley (Chief Operations Officer)
  • Compensation: $65,450
  • Related: $0
  • Other: $0
William Gillispie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen Jones Kelley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Watts Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nina Carter (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Gordon (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Welch (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Edmund H Moore (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ricky Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clinton Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Belinda Mathews Stenson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terra Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Parity Inc?

Parity Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Parity Inc

Parity Inc, as a nonprofit organization, is committed to advocating self-sufficiency and fostering collaborative relationships with community partners. Their primary mission revolves around delivering a mentoring program specifically designed for urban middle school students within the African American community. This program aims to teach, train, and serve the community by offering valuable guidance and support. Parity Inc's approach is centered around empowering these young individuals, enabling them to develop essential skills and fostering a sense of community involvement.

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Impact




October, 2024

Parity Inc significantly impacts the African American community in Dayton, OH, by advocating for self-sufficiency and enhancing collaborative efforts with community partners. Its mentoring program specifically targets urban middle school students, equipping them with essential skills and knowledge that foster their personal and academic growth. This initiative not only provides guidance and support to young individuals but also addresses broader social challenges faced by the community. By focusing on education and mentorship, Parity Inc plays a vital role in empowering the next generation, fostering a sense of belonging, and driving positive change within the community. The organization’s commitment to training and teaching reflects its dedication to cultivating future leaders and promoting sustained community development.




This information is meant to be a general summary of Parity Inc. 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.

Revenue
$195,791 (2023)
Expenses
$199,065 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $383
  • Program Service Revenue: $46,702
  • Gross Receipts: $208,524

Assets and Liabilities:

  • Total Assets: $538,070
  • Total Liabilities: $6,889
  • Net Assets: $531,181

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Program fees

Revenue

$46,702

Organization Details

Founding Year

1994

Principal Officer

Carmelia Osley

NTEE Category

Code: P84Z - Human services

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