everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Parallel Exit Inc

Brooklyn, NY / EIN 20-8728956 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201159,96478,388−18,4243.2
201275,37880,475−5,0972.6
201381,12268,56612,5565.3
2014139,367110,91128,4566.3
201576,260108,794−32,5342.9
201658,50854,8293,6796.5
201723,76220,1023,66013.9
201874,19177,718−3,5273.0
202055,45670,848−15,3921.6
202156,89942,88114,0186.6
2022270,865260,28610,5791.949%
2023122,870146,739−23,8692.328%

In its most recent public year (2023), this organization spent $23,869 more than it brought in. Its reserves stood at about 2.3 months of spending. Staff pay was 28% of spending.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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