Nonprofit · EIN 83-2544602
PARENT VENTURE CORPORATION
Also known as PARENT VENTURE
Tax-exempt · MENLO PARK, CA 94025
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $420,669 | $420,983 | -$314 | $17,407 | $0 | $17,407 |
| December 31, 2024 | 990 | $364,745 | $417,983 | -$53,238 | $17,721 | $0 | $17,721 |
| December 31, 2023 | 990 | $314,599 | $355,589 | -$40,990 | $70,959 | $0 | $70,959 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $420,669
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $12,096
- Compensation of officers, directors and key employees
- $211,875
- Salaries, compensation and benefits (total)
- $228,505
- Professional fundraising fees
- $0
- Accounting fees
- $1,630
- Travel
- $70
- Program services (functional)
- $420,983
Balance sheet and other
- Total assets, start of year
- $17,721
- Total assets, end of year
- $17,407
- Total liabilities, end of year
- $0
- Net assets, end of year
- $17,407
- Net assets without donor restrictions
- $17,407
- Gross receipts
- $420,669
- Employees
- 2
- Year formed
- 2018
- State of legal domicile
- CA
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLENE S MARGOT | PRESIDENT Officer | 40 | $120,000 |
| BEVERLEY HARTMAN | C OPERATIONS OFFICER Officer | 30 | $91,875 |
990 for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLENE S MARGOT | PRESIDENT Officer | 40 | $121,500 |
| BEVERLEY HARTMAN | C OPERATIONS OFFICER Officer | 30 | $85,500 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLENE S MARGOT | PRESIDENT Officer | 30 | $109,500 |
| BEVERLEY HARTMAN | C OPERATIONS OFFICER Officer | 10 | $73,000 |
Address and contacts
- Address (IRS master file)
- 325 SHARON PARK DR SUITE 327, MENLO PARK, CA 94025-6805
- In care of
- % CHARLENE MARGOT
- Principal officer (990 for 2025)
- CHARLENE S MARGOT, 1015 LUCKY AVENUE, MENLO PARK, CA 94025
- Signed the 990
- CHARLENE MARGOT, PRESIDENT
- Phone
- (650) 868-0590
- Return prepared by
- MCC FINANCIAL SERVICES INC
California records
California keeps its own records of charities and corporations. Search them by EIN 83-2544602 or by the name PARENT VENTURE CORPORATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
EDUCATIONAL WORKSHOPS
Program accomplishments
- IN 2025, TPV OFFERED WORKSHOPS ON CRITICAL ISSUES- MENTAL HEALTH, DIGITAL MEDIA, SUBSTANCE USE, ACADEMIC SUCCESS, AND MORE - THAT IMPACT THE HEALTH AND WELL-BEING OF CHILDREN AND TEENS. DELIVERED 54 PARENT AND COMMUNITY EDUCATION EVENTS WITH 20,188 REGISTERED ATTENDEES AND 66,621 VIEWS ON VIDEO LIBRARY (YOU TUBE)Expenses $420,983 · revenue $420,669
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 83-2544602
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B94)
- Assets (IRS master file)
- $17,407
- Income (IRS master file)
- $420,669
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $420,669 | $420,983 | $17,407 | XML |
| 990 | December 2024 | $364,745 | $417,983 | $17,721 | XML |
| 990 | December 2023 | $314,599 | $355,589 | $70,959 | XML |
| 990 | December 2022 | $338,604 | $280,030 | $111,949 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | 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 83-2544602).
Questions about PARENT VENTURE CORPORATION
- What is the EIN of PARENT VENTURE CORPORATION?
- The employer identification number (EIN) of PARENT VENTURE CORPORATION is 83-2544602.
- Is PARENT VENTURE CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to PARENT VENTURE CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PARENT VENTURE CORPORATION 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 PARENT VENTURE CORPORATION 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 PARENT VENTURE CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PARENT VENTURE CORPORATION?
- The 990 for the year ended December 31, 2025 names CHARLENE S MARGOT.
- Who are the officers and directors of PARENT VENTURE CORPORATION?
- The 990 for the year ended December 31, 2025 lists 2 people; 2 received compensation from the organization, the highest $120,000 (CHARLENE S MARGOT, PRESIDENT).
- How much revenue does PARENT VENTURE CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $420,669, expenses of $420,983 and total assets of $17,407 at year end.
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