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Nonprofit · EIN 81-5428363

PARALLEL PARTNERS GROUP INC

Tax-exempt · ESSEX FELLS, NJ 07021

Financials

$113K$132K2023$117K$129K2024$138K$129K2025
Revenue Expenses · by fiscal year end
Financials of PARALLEL PARTNERS GROUP INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$138,159$129,166$8,993$76,872$243$76,629
December 31, 2024990-EZ$117,179$128,628-$11,449$67,636–$67,636
December 31, 2023990-EZ$113,082$132,459-$19,377$79,209$124$79,085
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$138,159

Expenses

Compensation of officers, directors and key employees
$104,500
Salaries, compensation and benefits (total)
$113,015
Professional fees and payments to contractors
$2,175
Other expenses
$13,976
Program services (functional)
$128,579

Balance sheet and other

Total assets, start of year
$67,636
Total assets, end of year
$76,872
Total liabilities, end of year
$243
Net assets, end of year
$76,629
Cash, savings and investments
$76,872
Gross receipts
$138,159

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-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
DAVID C ANDERSENCEO40$82,500
SONYA MCNAIRPRESIDENT30$22,000
ED MORGANEXECUTIVE VP1$0
990-EZ for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
DAVID C ANDERSENCEO40$82,500
SONYA MCNAIRPRESIDENT30$22,000
ED MORGANEXECUTIVE VP1$0
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
DAVID C ANDERSENCEO40$82,500
SONYA MCNAIRPRESIDENT30$22,000
ED MORGANEXECUTIVE VP1$0

Address and contacts

Address (IRS master file)
133 FELLS RD, ESSEX FELLS, NJ 07021-1815
In care of
% PIERCE MCCOY PLLC
Signed the 990-EZ
DAVID C ANDERSEN, CEO
Phone
(917) 757-1741
Return prepared by
CSI GROUP

Mission

THE MISSION OF THE ORGANIZATION IS TO SHARE THE GOSPEL OF JESUS CHRIST TO INDIVIDUALS WORKING IN THE MEDIA INDUSTRY.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • THE MISSION IS TO SHARE THE GOSPEL OF JESUS CHRIST TO THOSE WORKING IN THE MEDIA INDUSTRY.
    Expenses $128,579

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
81-5428363
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Employment (J22)
Assets (IRS master file)
$76,872
Income (IRS master file)
$138,159

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$138,159$129,166$76,872XML
990-EZDecember 2024$117,179$128,628$67,636XML
990-EZDecember 2023$113,082$132,459$79,209XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 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 81-5428363).

Questions about PARALLEL PARTNERS GROUP INC

What is the EIN of PARALLEL PARTNERS GROUP INC?
The employer identification number (EIN) of PARALLEL PARTNERS GROUP INC is 81-5428363.
Is PARALLEL PARTNERS GROUP INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to PARALLEL PARTNERS GROUP INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PARALLEL PARTNERS GROUP INC 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 PARALLEL PARTNERS GROUP INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PARALLEL PARTNERS GROUP INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of PARALLEL PARTNERS GROUP INC?
The 990-EZ for the year ended December 31, 2025 lists 3 people; 2 received compensation from the organization, the highest $82,500 (DAVID C ANDERSEN, CEO).
How much revenue does PARALLEL PARTNERS GROUP INC have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $138,159, expenses of $129,166 and total assets of $76,872 at year end.

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