Totals
- Total revenue
- $1,850,751
- Total expenses
- $1,662,199
- Contributions and grants received
- $2,904,832
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- -$1,054,081
- Total assets, end of year
- $4,969,768
- Total liabilities, end of year
- $540,478
- Net assets or fund balances, end of year
- $4,429,290
- Program services expenses (Part IX)
- $1,502,685
- Management and general expenses
- $138,992
- Fundraising expenses
- $20,522
- Program service expenses (Part III)
- $1,502,685
Program services were 90.4% 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.
-
1e · Government grants (contributions)
$520,000
-
1f · All other contributions, gifts and grants
$2,384,832
-
10a · Gross sales of inventory
$981,305
-
10b · Cost of goods sold
$2,080,833
-
10c · Net income from sales of inventory
total -$1,099,528 · related or exempt -$1,099,528
-
11a · Other revenue: MISCELLANOUS REVENUE
total $45,447 · related or exempt $45,447
-
11e · Other revenue, total
$45,447
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $104,570 · program services $97,145 · management and general $4,125 · fundraising $3,300
-
7 · Other salaries and wages
total $426,228 · program services $387,868 · management and general $21,311 · fundraising $17,049
-
8 · Pension plan contributions
total $14,493 · program services $14,493
-
9 · Other employee benefits
total $58,039 · program services $58,039
-
10 · Payroll taxes
total $43,089 · program services $43,089
-
11b · Fees: legal
total $7,130 · program services $7,130
-
11c · Fees: accounting
total $31,120 · management and general $31,120
-
11g · Fees: other
total $879,310 · program services $876,372 · management and general $2,765 · fundraising $173
-
12 · Advertising and promotion
total $2,464 · program services $2,464
-
13 · Office expenses
total $20,095 · program services $14,692 · management and general $5,403
-
16 · Occupancy
total $472 · management and general $472
-
17 · Travel
total $22,930 · management and general $22,930
-
23 · Insurance
total $7,612 · management and general $7,612
-
24a · Other expenses: DUES AND SUBSCRIPTIONS
total $34,753 · management and general $34,753
-
24b · Other expenses: MISCELLEANOUS EXPENSES
total $6,182 · program services $893 · management and general $5,289
-
24c · Other expenses: TAXES & LICENSES FEE
total $3,212 · management and general $3,212
-
24d · Other expenses: REPAIRS & MAINTENANCE
total $500 · program services $500
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $273,064 · end of year $621,452
-
4 · Accounts receivable
beginning of year $666,666 · end of year $524,180
-
9 · Prepaid expenses and deferred charges
beginning of year $2,414 · end of year $13,967
-
15 · Other assets
beginning of year $3,041,365 · end of year $3,810,169
-
17 · Accounts payable and accrued expenses
end of year $253,450
-
24 · Unsecured notes and loans payable
beginning of year $140,000 · end of year $201,951
-
25 · Other liabilities
beginning of year $0 · end of year $85,077
-
27 · Net assets without donor restrictions
beginning of year $3,843,509 · end of year $4,103,040
-
28 · Net assets with donor restrictions
end of year $326,250
Mission and programs · 2023
Mission
PARITY ACQUIRES AND RENOVATES ABANDONED PROPERTIES TO CREATE AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES, AND PROVIDES ANTIDISPLACEMENT SERVICES TO LEGACY RESIDENTS.
-
GENERAL PROGRAM: THE ORGANIZATION ACQUIRES AND REHABILITATES ABANDONED PROPERTIES BY BLOCK TO CREATE AFFORDABLE HOME OWNERSHIP OPPORTUNITIES.
Expenses $1,078,496 · Revenue $45,447
-
SOS FUND: THE SOS FUND IS A JOINT VENTURE WITH PARITY BALTIMORE AND FLIGHT BLIGHT BMORE TO ASSIST EXISTING HOMEOWNERS IN BALTIMORE CITY WITH ADDRESSING FINANCIAL DIFFICULTIES AND CHALLENGES THROUGH THE ENGAGEMENT OF LEGAL COUNSEL AND OTHER RESOURCES TO MAINTAIN THEIR HOMEOWNERSHIP AND PREVENT FORECLOSURE.
Expenses $424,189
As filed on the 2023 return.
Listed in Part VII
-
Cricket WollosonCRICKET WOLLOSON
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Nikkia FitchNIKKIA FITCH
TREASURER
- Total calculated
- $0
- Hours/week
- 4
-
Thurgood CosbyTHURGOOD COSBY
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Dekonti Mends-ColeDEKONTI MENDS-COLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jim SmithJIM SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Breeana JonesBREEANA JONES
CEO
- Total calculated
- $72,584
- From this org
- $65,000
- From related orgs
- $0
- Other
- $7,584
- Hours/week
- 40
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
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
PBI HOLDINGS LLC
TO HOLD THE REAL ASSETS OF PBI · MD · income $10,472 · assets $4,119,275
Directly controlled by PARITY BALTIMORE INCORPORATED
-
PBIH I LLC
TO HOLD INDIVIDUAL REAL ASSETS · MD
Directly controlled by PBI HOLDINGS LLC
-
PBIH II LLC
TO HOLD INDIVIDUAL REAL ASSETS · MD
Directly controlled by PBI HOLDINGS LLC
-
PBIH III LLC
TO HOLD INDIVIDUAL REAL ASSETS · MD
Directly controlled by PBI HOLDINGS LLC
-
PBIH IV LLC
TO HOLD INDIVIDUAL REAL ASSETS · MD
Directly controlled by PBI HOLDINGS LLC
-
640 N CARROLLTON LLC
TO HOLD INDIVIDUAL REAL ASSETS, OWN AND OPERATE A COMMUNITY RETAIL SPACE · MD
Directly controlled by PBI HOLDINGS LLC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 16 June 2025
- IRS schema version
- 2023v6.0
- Source object
- 202541689349301019
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.