Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 88-1873305

PARALLEL RESOURCE CORPORATION INC

Tax-exempt · MARIETTA, GA 30066

Financials

$76K$21K2023$50K$89K2024
Revenue Expenses · by fiscal year end
Financials of PARALLEL RESOURCE CORPORATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$50,016$89,478-$39,462$35,388$0$35,388
December 31, 2023990-EZ$76,124$20,780$55,344$55,344$0$55,344
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$50,016
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$12,100
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fees and payments to contractors
$13,440
Occupancy
$63,000
Other expenses
$938
Program services (functional)
$88,540

Balance sheet and other

Total assets, start of year
$74,850
Total assets, end of year
$35,388
Total liabilities, end of year
$0
Net assets, end of year
$35,388
Cash, savings and investments
$35,388
Gross receipts
$50,016

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
Kristi WilliamsPresident Treasurer2$0
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Kristi WilliamsPresident Treasurer2$0
David CannonSecretary1$0
Jeff BarnesVice President1$0

Address and contacts

Address (IRS master file)
4416 WINDSOR OAKS CIR, MARIETTA, GA 30066-2388
Mailing address (990-N for 2025)
4416 WINDSOR OAKS CIR, MARIETTA GA 300662388
Principal officer (990-N for 2025)
Kristi Williams, 4416 Windsor Oaks Cir, Marietta GA 30066
Signed the 990-EZ
Kristi Williams, President Treasurer
Phone
(000) 000-0000

Mission

Charitable Support Benevolent Assistance to Those in Need

990-EZ for the year ended December 31, 2024

Program accomplishments

  • The organization exists to provide humanitarian and development aid to under-resourced communities near fisheries throughout the world
    Expenses $88,540 · grants $12,100

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-N on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990-EZ on file

File the 2026 990-N for PARALLEL RESOURCE CORPORATION INC

Due May 17, 2027 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
88-1873305
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
2023
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Human services (P40)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Kristi Williams
December 31, 2025≤ $50,000 receipts––e-Postcard
990-N for 2024
Officer: Kristi Williams
December 31, 2024≤ $50,000 receipts––e-Postcard
990-EZDecember 2024$50,016$89,478$35,388IRS
990-EZDecember 2023$76,124$20,780$55,344XML
990-EZDecember 2022–––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 88-1873305).

Questions about PARALLEL RESOURCE CORPORATION INC

What is the EIN of PARALLEL RESOURCE CORPORATION INC?
The employer identification number (EIN) of PARALLEL RESOURCE CORPORATION INC is 88-1873305.
Is PARALLEL RESOURCE CORPORATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to PARALLEL RESOURCE CORPORATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PARALLEL RESOURCE CORPORATION INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of PARALLEL RESOURCE CORPORATION 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 RESOURCE CORPORATION INC last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of PARALLEL RESOURCE CORPORATION INC?
The 990-N for 2025 names Kristi Williams.
Who are the officers and directors of PARALLEL RESOURCE CORPORATION INC?
The 990-EZ for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
How much revenue does PARALLEL RESOURCE CORPORATION INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $50,016, expenses of $89,478 and total assets of $35,388 at year end.

Other nonprofits in MARIETTA

All nonprofits in MARIETTA · Georgia · Human services