Parkers Hope for Mental Wellness
Nonprofit profile at a glance
- EIN
- 933694115
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Tulsa, OK, USA
- Phone
- 9189025348
- Rating
- 36
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Family Services
Reported finances
- Revenue
- $10,000
- Expenses
- $6,641
- Assets
- $3,509
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Latia Parker (Founder & Executive Director)
- Carolyn Burns (Board President)
People named in this filing
- Latia Parker (Founder & Executive Director)
- Carolyn Burns (Board President)
- Sedalia Parker (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of Parker's Hope for Mental Wellness (PHFMW) is to enhance the mental, emotional, and overall well-being of individuals and families within our community to create change.
What it reported doing in 2024
Parker's Hope for Mental Wellness (PHFMW) effectively utilized donations and service-generated revenue to provide essential mental health services while maintaining operational sustainability. PHFMW provided support to parents with special needs children and fostered an open discussion regarding struggles and potential resources to cope with the issues that arise with this population. Additionally, organizations reached out to PHFMW to train community leaders, non professionals and professionals on the impacts of trauma and to provide healthy coping mechanisms for healing. Lastly, PHFMW provided free ADSAC assessments for 13 individuals and free therapy sessions for 51 individuals that didn't have insurance or had an inability to pay for treatment services. PHFMW mentored high school students wanting to pursue a career in mental health.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 63
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 33.6%; rating input score 84; 84th percentile among comparable filings
- Total-asset coverage ratio: 0.53; rating input score 31; 31st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.