Nonprofit · EIN 92-4009341
THE PARALLEL FOUNDATION INC
Tax-exempt · TAMPA, FL 33606
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $3,116,982 | $5,074,850 | -$1,957,868 | $3,149,681 | $0 | $3,149,681 |
| December 31, 2024 | 990-PF | $5,087,782 | $3,054,915 | $2,032,867 | $5,117,549 | $10,000 | $5,107,549 |
| December 31, 2023 | 990-PF | $4,009,777 | $935,095 | $3,074,682 | $3,074,742 | $60 | $3,074,682 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $3,000,000
- Dividends
- $116,982
Expenses
- Grants and similar amounts paid
- $4,690,300
- Compensation of officers, directors and key employees
- $237,705
- Disbursements for charitable purposes
- $5,053,037
- Excise tax on investment income
- $1,569
Balance sheet and other
- Total assets, start of year
- $5,117,549
- Total assets, end of year
- $3,149,681
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,149,681
- Fair market value of assets
- $3,149,681
- Qualifying distributions
- $5,053,037
- Net investment income
- $116,982
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-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LISA M LAMPRECHT 301 W PLATT ST A 442, TAMPA, FL 33606 | EXECUTIVE DIR. | 40 | $237,705 | $6,000 |
| MERRIN JENKINS 301 W PLATT ST A 442, TAMPA, FL 33606 | DIRECTOR | 3 | $0 | $0 |
| JUSTINE CAPUTI 301 W PLATT ST A 442, TAMPA, FL 33606 | DIRECTOR | 1 | $0 | $0 |
| PAM WILLIAMS 301 W PLATT ST A 442, TAMPA, FL 33606 | DIRECTOR | 1 | $0 | $0 |
| SHEAU-LEI ELLISON 301 W PLATT ST A 442, TAMPA, FL 33606 | DIRECTOR | 1 | $0 | $0 |
| RUGIATU JALLOH 301 W PLATT ST A 442, TAMPA, FL 33606 | DIRECTOR | 1 | $0 | $0 |
| MARIA F GARCIA 301 W PLATT ST A 442, TAMPA, FL 33606 | DIRECTOR | 1 | $0 | $0 |
| PATRICK ARTHUR JACKSON 301 W PLATT ST A 442, TAMPA, FL 33606 | DIRECTOR | 1 | $0 | $0 |
990-PF for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LISA M LAMPRECHT 301 W PLATT ST A 442, TAMPA, FL 33606 | EXECUTIVE DIR. | 40 | $221,545 | $6,000 |
| MERRIN JENKINS 301 W PLATT ST A 442, TAMPA, FL 33606 | PRESIDENT | 2 | $0 | $0 |
| JUSTINE CAPUTI 301 W PLATT ST A 442, TAMPA, FL 33606 | SECRETARY | 1 | $0 | $0 |
| PAM WILLIAMS 301 W PLATT ST A 442, TAMPA, FL 33606 | TREASURER | 1 | $0 | $0 |
| SHEAU-LEI ELLISON 301 W PLATT ST A 442, TAMPA, FL 33606 | DIRECTOR | 1 | $0 | $0 |
| RUGIATU JALLOH 301 W PLATT ST A 442, TAMPA, FL 33606 | DIRECTOR | 1 | $0 | $0 |
990-PF for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LISA M LAMPRECHT 301 W PLATT ST A 442, TAMPA, FL 33606 | Executive Dir. | 40 | $84,196 | $6,000 |
| MERRIN JENKINS 3003 WEST HARBOR VIEW, TAMPA, FL 33611 | President | 0 | $0 | – |
| JUSTINE CAPUTI 2902 W SAN RAFAEL STREET, TAMPA, FL 33629 | Secretary | 0 | $0 | – |
| PAM WILLIAMS 5705 80TH STREET N UNIT 406, ST PETERSBURG, FL 33709 | Treasurer | 0 | $0 | – |
| SHEAU-LEI ELLISON 307 PINE BLUFF DRIVE, LUTZ, FL 33549 | Director | 0 | $0 | – |
| RUGIATU JALLOH 1500 W MONROE STREET UNIT 410, CHICAGO, IL 60607 | Director | 0 | $0 | – |
Address and contacts
- Address (IRS master file)
- 301 W PLATT STREET A442, TAMPA, FL 33606-2292
- Signed the 990-PF
- LISA M LAMPRECHT, EXECUTIVE DIR.
- Website
- THEPARALLELFOUNDATION.ORG
- Return prepared by
- ANDERSEN TAX LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 92-4009341
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2023
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $3,149,681
- Income (IRS master file)
- $3,116,982
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $3,116,982 | $5,074,850 | $3,149,681 | XML |
| 990-PF | December 2024 | $5,087,782 | $3,054,915 | $5,117,549 | XML |
| 990-PF | December 2023 | $4,009,777 | $935,095 | $3,074,742 | XML |
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 92-4009341).
Questions about THE PARALLEL FOUNDATION INC
- What is the EIN of THE PARALLEL FOUNDATION INC?
- The employer identification number (EIN) of THE PARALLEL FOUNDATION INC is 92-4009341.
- Is THE PARALLEL FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to THE PARALLEL FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE PARALLEL FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE PARALLEL FOUNDATION 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 THE PARALLEL FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of THE PARALLEL FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $237,705 (LISA M LAMPRECHT, EXECUTIVE DIR.).
- How much revenue does THE PARALLEL FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $3,116,982, expenses of $5,074,850 and total assets of $3,149,681 at year end.
Other nonprofits in TAMPA
- COMMUNITY FOUNDATION OF TAMPA BAY INC EIN 59-3001853 · last filed 990 for 2025
- JENKINS CHARITABLE FOUNDATION INC EIN 45-3482652 · last filed 990-PF for 2025
- UNITED WAY SUNCOAST INC EIN 59-3725701 · last filed 990 for 2025
- TAMPA-ORLANDO-PINELLAS JEWISH FOUNDATION INC EIN 59-2053655 · last filed 990 for 2025
- TANEJA FAMILY FOUNDATION INC EIN 82-3791069 · last filed 990-PF for 2024
- UNIVERSITY OF SOUTH FLORIDA INSTITUTE OF APPLIED ENGINEERING I EIN 83-1012625 · last filed 990 for 2025
- GENSPIRATION FOUNDATION INC EIN 81-5168277 · last filed 990-PF for 2025
- LEIBOWITZ FAMILY FOUNDATION INC EIN 59-3736869 · last filed 990-PF for 2025
All nonprofits in TAMPA · Florida · Philanthropy, voluntarism and grantmaking foundations