Overview
What is Parityorg Inc (Fka Operation 50-50 Inc)?
Parityorg Inc, previously known as Operation 50-50 Inc, is a nonprofit organization based in Arlington, Virginia. Their primary focus is advocating for the representation of women in corporate management and government positions. After completing beta testing, they began promoting their ParityIndex Analytics SaaS platform, an extensive, affordable, and user-friendly tool designed to provide companies with insights into their diversity, equity, and inclusion efforts. By revealing hidden patterns and opportunities, it enables organizations to track progress, benchmark their performance against industry peers, and identify areas for improvement. Based in 1800 North Lynn Street, Arlington, VA 22209, Parityorg Inc continues to educate the public and drive change in gender representation within organizations.
Official website here: www.parity.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 14%, Zero-Star out of Four Star rating.
Parityorg Inc has received a low score of 14% from Charity Navigator, primarily due to its lack of transparency and accountability in financial operations. The organization has no independent board members, which raises concerns about governance and oversight. Additionally, it has not provided financial statements, significantly impacting its overall rating.
The assessment reveals that the nonprofit has several missing policies, including conflict of interest and whistleblower policies, which are crucial for maintaining ethical standards and trust. While the organization does document board meeting minutes, the absence of other key policies suggests a need for enhanced governance practices.
Furthermore, Parityorg Inc has reported a concerning program expense ratio of 0%, indicating that no funds are directed towards its programs, which is a significant limitation. The organization lists its website on its tax form, but the lack of available financial documentation raises questions about its operational sustainability and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Parityorg Inc (Fka Operation 50-50 Inc) legitimate?
Parityorg Inc (Fka Operation 50-50 Inc) is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parityorg Inc (Fka Operation 50-50 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: $187,794
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.parity.org
What is the mission statement of Parityorg Inc (Fka Operation 50-50 Inc)?
Parityorg Inc, formerly known as Operation 50-50 Inc, is dedicated to raising public awareness and advocating for the representation of women in corporate management and government positions. They achieve this mission by promoting their ParityIndex analytics software, a comprehensive, affordable, and user-friendly tool that provides companies with insights into their diversity, equity, and inclusion efforts. This tool enables companies to identify hidden patterns and opportunities, track progress, and compare their performance against industry peers. By using ParityIndex, companies can make informed decisions to enhance gender equality in their organizations.
Official website here: www.parity.org
Who is the CEO of Parityorg Inc (Fka Operation 50-50 Inc)?
Cathrin Stickney is the CEO of Parityorg Inc (Fka Operation 50-50 Inc) The CEO's salary of Parityorg Inc (Fka Operation 50-50 Inc) is $0 and their total compensation is $0.
Official website here: www.parity.org
What is the revenue of Parityorg Inc (Fka Operation 50-50 Inc)?
Parityorg Inc (Fka Operation 50-50 Inc)'s revenue in 2023 was $249,976.
Official website here: www.parity.org
Who are the executives of Parityorg Inc (Fka Operation 50-50 Inc) and what are their salaries?
The average compensation at Parityorg Inc (Fka Operation 50-50 Inc) during 2023 was $187,794. There is 1 employee at Parityorg Inc (Fka Operation 50-50 Inc).
Here are 4 key members and their salaries (Parityorg Inc (Fka Operation 50-50 Inc)'s CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $187,794
- Related: $0
- Other: $0
Official website here: www.parity.org
Where can I find the form 990 for Parityorg Inc (Fka Operation 50-50 Inc)?
Parityorg Inc (Fka Operation 50-50 Inc)'s most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.parity.org
Learn more at the official website: www.parity.org
Mission Statement of Parityorg Inc (Fka Operation 50-50 Inc)
Parityorg Inc, formerly known as Operation 50-50 Inc, is dedicated to enlightening the public and advocating for the representation of women in corporate management and government positions. Their mission is twofold: firstly, they aim to educate the general public about the importance of gender parity in corporate and political leadership. Secondly, they actively advocate for the increased presence of women in these roles, striving for equal representation and opportunities. By promoting their ParityIndex analytics SaaS platform, Parityorg Inc empowers companies to gain insight into their diversity, equity, and inclusion efforts. This tool allows companies to identify hidden patterns and opportunities, monitor progress, and measure their performance against industry standards. By doing so, Parityorg Inc is instrumental in fostering a more inclusive and equitable business landscape.
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Impact
July, 2024
Parityorg Inc, formerly known as Operation 50-50 Inc, is making a significant impact by actively promoting its ParityIndex analytics SaaS platform to the general market. This platform is the most comprehensive yet affordable and easy-to-use tool of its kind, empowering companies with valuable data on diversity, equity, and inclusion efforts. By providing companies with insights into previously invisible patterns and opportunities, enabling them to measure progress, and benchmark their performance, Parityorg Inc is playing a crucial role in advancing gender parity in corporate management and government positions. Their work is instrumental in advocating for the presence of women in leadership roles, ultimately contributing to greater equality and opportunities for all.
This information is meant to be a general summary of Parityorg Inc (Fka Operation 50-50 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $10,072
- Gross Receipts: $249,976
Assets and Liabilities:
- Total Assets: $530,785
- Total Liabilities: $21,772
- Net Assets: $509,013
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MONTHLY SERVICE REVENU
Revenue
$10,072
Organization Details
Founding Year
2017
Principal Officer
Cathrin Stickney
Website
www.parity.orgNTEE Category
Code: R24 - Civil rights
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