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Nonprofit · EIN 59-1850843

PARC ENDOWMENT FUND

Tax-exempt · ST PETERSBURG, FL 33743

Financials

$167K$113K2022$393K$89K2023$271K$263K2024
Revenue Expenses · by fiscal year end
Financials of PARC ENDOWMENT FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$271,133$262,554$8,579$5,582,328$3,000$5,579,328
September 30, 2024990$393,338$88,509$304,829$5,346,727$1,500$5,345,227
September 30, 2023990$166,662$113,111$53,551$4,347,862$3,000$4,344,862
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$271,133
Net gain from sales of assets
$90,453
Other revenue
$0

Expenses

Grants and similar amounts paid
$234,033
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$234,033
Management and general (functional)
$28,521

Balance sheet and other

Total assets, start of year
$5,346,727
Total assets, end of year
$5,582,328
Total liabilities, end of year
$3,000
Net assets, end of year
$5,579,328
Publicly traded securities
$5,337,645
Net assets with donor restrictions
$5,579,328
Gross receipts
$1,515,567
Employees
0
Volunteers
1
Year formed
1978
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHELLE DETWEILERTRUSTEE/PARC PRESIDENT & CEO
Trustee or director, Officer
0.25$0$204,716$10,757
MARK CAVANAUGHTRUSTEE/PARC TREASURER, EVP & CFO
Trustee or director, Officer
0.25$0$142,198$20,847
MICHAEL BICETRUSTEE/PARC CHAIRPERSON
Trustee or director, Officer
0.11$0$0$0
990 for the year ended September 30, 2024: 3 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHELLE DETWEILERTRUSTEE/PARC PRESIDENT & CEO
Trustee or director, Officer
0.25$0$177,928$12,085
MARK CAVANAUGHTRUSTEE/PARC TREASURER, EVP & CFO
Trustee or director, Officer
0.25$0$135,059$19,851
MICHAEL BICETRUSTEE/PARC CHAIRPERSON
Trustee or director, Officer
0.11$0$0$0
990 for the year ended September 30, 2023: 3 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHELLE DETWEILERTRUSTEE / PARC PRESIDENT & CEO
Trustee or director, Officer
0.25$0$163,305$11,390
MARK CAVANAUGHTRUSTEE / PARC VP & CFO
Trustee or director, Officer
0.25$0$127,646$18,061
MARK MYERSTRUSTEE / PARC CHAIRPERSON
Trustee or director, Officer
0.11$0$0$0

Address and contacts

Address (IRS master file)
PO BOX 47799, ST PETERSBURG, FL 33743-7799
Principal officer (990 for 2024)
MICHELLE DETWEILER, PO BOX 47799, ST PETERSBURG, FL 337437799
Signed the 990
MARK CAVANAUGH, TREASURER, EVP & CFO
Phone
(727) 345-9111
Return prepared by
CBIZ ADVISORS LLC

Mission

TO SUPPORT AND FURTHER THE CHARITABLE PURPOSES AND PROGRAMS OF PARC, INC., WHICH PROVIDES A COMPREHENSIVE ARRAY OF SERVICES TO CHILDREN, ADOLESCENTS, AND ADULTS WITH DEVELOPMENTAL DISABILITIES.(CONTINUED ON SCHEDULE O)PARC ENDOWMENT FUND CARRIES OUT ITS EXEMPT PURPOSE BY INVESTING ITS ASSETS AND DISTRIBUTING UP TO 5% OF THE FMV OF THE INVESTMENTS TO PARC ANNUALLY.

990 for the year ended September 30, 2025

Program accomplishments

  • THE ORGANIZATION PROVIDES SUPPORT TO PARC, INC. IN HELPING IT ACCOMPLISH ITS CHARITABLE PURPOSE OF PROVIDING A COMPREHENSIVE ARRAY OF SERVICES TO CHILDREN, ADOLESCENTS, AND ADULTS WITH DEVELOPMENTAL DISABILITIES BY DISTRIBUTING UP TO 5% OF THE FMV OF THE TRUST ASSETS AS OF JANUARY 1ST EACH YEAR.
    Expenses $234,033 · grants $234,033

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
59-1850843
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1978
Accounting year ends
September
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P82I)
Assets (IRS master file)
$5,582,328
Income (IRS master file)
$1,515,567

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$271,133$262,554$5,582,328XML
990September 2024$393,338$88,509$5,346,727XML
990September 2023$166,662$113,111$4,347,862XML
990September 2022$909,865$266,191$3,981,785IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 59-1850843).

Questions about PARC ENDOWMENT FUND

What is the EIN of PARC ENDOWMENT FUND?
The employer identification number (EIN) of PARC ENDOWMENT FUND is 59-1850843.
Is PARC ENDOWMENT FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
Are donations to PARC ENDOWMENT FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does PARC ENDOWMENT FUND file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PARC ENDOWMENT FUND due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PARC ENDOWMENT FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of PARC ENDOWMENT FUND?
The 990 for the year ended September 30, 2025 names MICHELLE DETWEILER.
Who are the officers and directors of PARC ENDOWMENT FUND?
The 990 for the year ended September 30, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does PARC ENDOWMENT FUND have?
On its 990 for the year ended September 30, 2025 it reported revenue of $271,133, expenses of $262,554 and total assets of $5,582,328 at year end.

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