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← PARACHUTE FOUNDATION

Form 990 for tax year 2022

Filed by PARACHUTE FOUNDATION.

Totals

Total revenue
$277,936
Total expenses
$277,507
Contributions and grants received
$277,686
Grants paid
$30,322
Program service revenue
$0
Investment income
$250
Other revenue
$0
Total assets, end of year
$55,235
Total liabilities, end of year
$1,147
Net assets or fund balances, end of year
$54,088
Program services expenses (Part IX)
$30,322
Management and general expenses
$190,739
Fundraising expenses
$56,446
Program service expenses (Part III)
$30,322

Program services were 10.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $241,000

  • 1c · Fundraising events

    $36,686

  • 3 · Investment income

    total $250 · related or exempt $250

  • 8a · Fundraising events: contributions included on line 1c

    $36,686

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $30,322 · program services $30,322

  • 5 · Compensation of officers, directors and key employees

    total $20,827 · management and general $20,827

  • 12 · Advertising and promotion

    total $36,997 · management and general $36,997

  • 13 · Office expenses

    total $12,428 · management and general $12,428

  • 14 · Information technology

    total $2,487 · management and general $2,487

  • 16 · Occupancy

    total $29,029 · management and general $29,029

  • 17 · Travel

    total $35,585 · management and general $35,585

  • 19 · Conferences, conventions and meetings

    total $23,534 · management and general $23,534

  • 22 · Depreciation, depletion and amortization

    total $5,043 · management and general $5,043

  • 24a · Other expenses: FUND RAISING - FACILITIES

    total $48,020 · fundraising $48,020

  • 24b · Other expenses: FUND RAISING - FOODBEVERAGE

    total $3,399 · fundraising $3,399

  • 24c · Other expenses: FUND RAISING - ENTERTAINMENT

    total $5,027 · fundraising $5,027

  • 24e · All other expenses

    total $24,809 · management and general $24,809

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $53,879 · end of year $14,024

  • 10a · Land, buildings and equipment: cost or other basis

    $46,761

  • 10b · Land, buildings and equipment: accumulated depreciation

    $5,550

  • 10c · Land, buildings and equipment, net

    beginning of year $3,754 · end of year $41,211

  • 24 · Unsecured notes and loans payable

    beginning of year $197 · end of year $1,147

  • 27 · Net assets without donor restrictions

    beginning of year $57,436 · end of year $54,088

Mission and programs · 2022

Mission

SUPPORT FAMILIES DURING EARLY RECOVERY

  • FUND EARLY STAGE RECOVERY ORGANIZATIONS TO AID THE INDIVIDUAL AND PROVIDE COMPREHENSIVE FAMILY SUPPORT DURING THE HEALING AND RECOVERY PROCESS

    Expenses $30,322 · Revenue $36,686

As filed on the 2022 return.

Listed in Part VII

  • Paul Giel

    PRESIDENT

    Total calculated
    $20,827
    From this org
    $20,827
    From related orgs
    $0
    Other
    $0
    Hours/week
    35

  • Rick Deslauriers

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Joseph W Hutton

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2023
IRS schema version
2022v5.0
Source object
202301359349318425

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