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Parallel Networks

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

EIN: 824730981 ✦ Alexandria, VA ✦ Designated as a 501(c)(3)

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Overview

What is Parallel Networks?

Parallel Networks is a nonprofit organization, headquartered unspecified, with a mission to combat hate and extremist ideologies. They achieve this goal through the creation of educational and inspirational media. Their primary objective is to present a peaceful alternative to violence as a solution. By focusing on charitable educational purposes, they aim to foster understanding and engagement among different communities, thereby promoting harmony and reducing conflicts.


Official website here: www.pnetworks.org

Is Parallel Networks legitimate?

Parallel Networks is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parallel Networks submitted a form 990EZ, 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.


Official website here: www.pnetworks.org

What is the mission statement of Parallel Networks?

Parallel Networks, a non-profit organization, is dedicated to promoting peace and combating hate and extremist ideologies through charitable educational media. Their mission is to offer inspirational content as an alternative to violence, serving as a beacon for peaceful engagement. The organization's activities are centered around educating and inspiring individuals to foster understanding and engage in dialogue rather than resorting to violence.


Official website here: www.pnetworks.org

Who is the CEO of Parallel Networks?

Mitchell D Silber is the Chief Executive Officer of Parallel Networks. The CEO's salary of Parallel Networks is $3,000 and their total compensation is $3,000.


Official website here: www.pnetworks.org

What is the revenue of Parallel Networks?

Parallel Networks's revenue in 2020 was $111,552.


Official website here: www.pnetworks.org

Who are the executives of Parallel Networks and what are their salaries?


Here are 3 key members and their salaries (Parallel Networks's CEO's salary is $3,000 and their total compensation is $3,000):


Jesse C Morton (Executive Officer)
  • Compensation: $81,333
  • Related: $0
  • Other: $0
Mitchell D Silber (Chief Executive Officer)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
Maria Juncal Fernandez-Garayzabal (Corporate Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pnetworks.org

Where can I find the form 990EZ for Parallel Networks?

Parallel Networks's most recent form 990EZ was submitted in 2020 and can be accessed here.


Official website here: www.pnetworks.org

Learn more at the official website: www.pnetworks.org

Mission Statement of Parallel Networks

Parallel Networks, a nonprofit organization, is dedicated to pursuing charitable educational purposes. Their primary mission is to combat hate and extremist ideologies, recognizing the destructive impact they can have. Instead of promoting violence, Parallel Networks seeks to encourage peaceful engagement as a more constructive alternative. To achieve this goal, they specialize in creating educational and inspirational media. By doing so, they aim to make a significant impact, contributing to the reduction of hate and the promotion of understanding and harmony among diverse communities.

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Impact




October, 2024

Parallel Networks has made a significant impact by developing educational and inspirational media designed to combat hate and extremist ideologies. Through its efforts, the organization promotes peaceful engagement as a viable alternative to violence, thereby fostering understanding and dialogue in communities. By focusing on charitable educational purposes, Parallel Networks supports initiatives that not only raise awareness about the dangers of hate but also empower individuals to actively participate in healing and constructive conversations. Its work contributes to creating more inclusive societies, reducing the prevalence of extremist views, and inspiring positive change in people's attitudes and actions. Ultimately, Parallel Networks serves as a crucial resource in the ongoing fight against intolerance and violence, encouraging a culture of peace and collaboration.




This information is meant to be a general summary of Parallel Networks. 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
$111,552 (2020)
Expenses
$116,651 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $111,552

Assets and Liabilities:

  • Total Assets: $33,968
  • Total Liabilities: $29,166
  • Net Assets: $4,802

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Organization Details

Principal Officer

Mitchell D Silber

Main Address

7100 FAIRCHILD DRIVE STE 202, ALEXANDRIA, VA, 22306

NTEE Category

Code: W01 - Public benefit

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