Nonprofit · EIN 85-0771143
PARITY BALTIMORE INCORPORATED
Tax-exempt · BALTIMORE, MD 21217
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,623,115 | $1,781,911 | -$158,796 | $5,694,379 | $1,423,885 | $4,270,494 |
| June 30, 2024 | 990 | $1,850,751 | $1,662,199 | $188,552 | $4,969,768 | $540,478 | $4,429,290 |
| June 30, 2023 | 990 | $1,616,053 | $886,772 | $729,281 | $3,983,509 | $140,000 | $3,843,509 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,784,635
- of which government grants
- $756,155
- Program service revenue
- $231,901
- Investment income
- $0
- Net rental income
- $8,325
- Net income from sales of inventory
- -$437,710
- Other revenue
- -$393,421
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $107,227
- Other salaries and wages
- $580,589
- Salaries, compensation and benefits (total)
- $810,778
- Professional fundraising fees
- $0
- Legal fees
- $44,753
- Accounting fees
- $137,715
- Occupancy
- $889
- Travel
- $21,296
- Program services (functional)
- $1,309,569
- Management and general (functional)
- $439,159
- Fundraising (functional)
- $33,183
Balance sheet and other
- Total assets, start of year
- $4,969,768
- Total assets, end of year
- $5,694,379
- Total liabilities, end of year
- $1,423,885
- Net assets, end of year
- $4,270,494
- Net assets without donor restrictions
- $4,020,494
- Net assets with donor restrictions
- $250,000
- Gross receipts
- $2,856,382
- Employees
- 14
- Volunteers
- 20
- Year formed
- 2020
- State of legal domicile
- MD
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BREEANA JONES | CHIEF EXECUTIVE OFFICER Officer | 40 | $99,459 | $7,769 |
| CAROLINE JOHNSTON | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| NIKKIA FITCH | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| THURGOOD COSBY | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DEKONTI MENDS-COLE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES SMITH | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BREEANA JONES | CEO Officer | 40 | $65,000 | $7,584 |
| CRICKET WOLLOSON | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| NIKKIA FITCH | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| THURGOOD COSBY | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DEKONTI MENDS-COLE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JIM SMITH | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BREE JONES | CEO Officer | 40 | $96,438 | $5,356 |
| CRICKETT WOLOSON | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| NIKKIA FITCH | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| THURGOOD COSBY | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| JIM SMITH | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DEKONTI MENDS-COLE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 640 N CARROLLTON AVE, BALTIMORE, MD 21217-2413
- In care of
- % PARITY BALTIMORE INCORPORATED
- Principal officer (990 for 2024)
- BREEANA JONES, 640 N CARROLLTON AVENUE, BALTIMORE, MD 21217
- Signed the 990
- BREEANA JONES, CHIEF EXECUTIVE OFFICER
- Phone
- (443) 205-6955
- Website
- PARITYHOMES.COM
- 990-N for 2019 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Bree Jones, 5000 Thayer Center Suite 3, Oakland MD 21550. Mailing address: 5000 Thayer Center Suite 3, Oakland MD 21550. Website: https://www.parityhomes.com/
- Return prepared by
- EASY OFFICE DBA JITASA
Mission
PARITY ACQUIRES AND RENOVATES ABANDONED PROPERTIES TO CREATE AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES, AND PROVIDES ANTIDISPLACEMENT SERVICES TO LEGACY RESIDENTS.
Program accomplishments
- 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 $576,215 · revenue $231,901
- GENERAL PROGRAM: THE ORGANIZATION ACQUIRES AND REHABILITATES ABANDONED PROPERTIES BY BLOCK TO CREATE AFFORDABLE HOME OWNERSHIP OPPORTUNITIES.Expenses $472,470
- CAPITAL: THE CAPITAL PROGRAM FOCUSES ON FUNDRAISING, CAPITAL STRUCTURING, AND FINANCIAL STRATEGY TO SUPPORT PARITY'S DEVELOPMENT PIPELINE. THIS INCLUDES IDENTIFYING AND SECURING GRANTS, INVESTMENTS, AND FINANCING SOURCES, AS WELL AS STRUCTURING DEALS TO ENSURE PROJECT FEASIBILITY AND LONG-TERM SUSTAINABILITY.Expenses $187,675
- PARITY BUILDERS: PARITY BUILDERS IS A YOUTH-FOCUSED WORKFORCE DEVELOPMENT PROGRAM THAT ENGAGES TEENS IN HANDS-ON LEARNING OPPORTUNITIES WITHIN CONSTRUCTION, DESIGN, AND COMMUNITY DEVELOPMENT. THE PROGRAM PROVIDES EXPOSURE TO CAREER PATHWAYS IN THE BUILT ENVIRONMENT THROUGH MENTORSHIP, BASIC SKILLS TRAINING, AND PARTICIPATION IN REAL PROJECTS.Expenses $73,209
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 85-0771143
- 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
- 2021
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L25)
- Assets (IRS master file)
- $5,694,379
- Income (IRS master file)
- $2,856,382
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,623,115 | $1,781,911 | $5,694,379 | IRS |
| 990 | June 2024 | $1,850,751 | $1,662,199 | $4,969,768 | XML |
| 990 | June 2023 | $1,616,053 | $886,772 | $3,983,509 | XML |
| 990 | June 2022 | $1,878,510 | $310,291 | $1,922,724 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-N for 2019 Officer: Bree Jones Filed under this EIN, most likely by a chapter or affiliate | June 30, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
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 85-0771143).
Questions about PARITY BALTIMORE INCORPORATED
- What is the EIN of PARITY BALTIMORE INCORPORATED?
- The employer identification number (EIN) of PARITY BALTIMORE INCORPORATED is 85-0771143.
- Is PARITY BALTIMORE INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to PARITY BALTIMORE INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PARITY BALTIMORE INCORPORATED 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 PARITY BALTIMORE INCORPORATED due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PARITY BALTIMORE INCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PARITY BALTIMORE INCORPORATED?
- The 990 for the year ended June 30, 2025 names BREEANA JONES.
- Who are the officers and directors of PARITY BALTIMORE INCORPORATED?
- The 990 for the year ended June 30, 2025 lists 6 people; 1 received compensation from the organization, the highest $99,459 (BREEANA JONES, CHIEF EXECUTIVE OFFICER).
- How much revenue does PARITY BALTIMORE INCORPORATED have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,623,115, expenses of $1,781,911 and total assets of $5,694,379 at year end.
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All nonprofits in BALTIMORE · Maryland · Housing and shelter