Robert and Harriet Parker Family Foundat

Nonprofit profile at a glance

EIN
854382887
IRS 990-PF coverage
2023–2024
Forms available
Form 990-PF 2024
Location
Corpus Christi, TX, USA
Phone
3618156969
Rating
81
Verdict
STRONG
Rating confidence
Standard

Reported finances

Revenue
$1,853
Expenses
$5,000

Source: IRS Form 990-PF. Selected filing: tax year 2024. Amounts in USD.

Overview

Mission

Robert and Harriet Parker Family Foundat is a nonprofit. Location: Corpus Christi, TX. EIN 854382887.

What it reported funding in 2024

The foundation reported 1 filed grant row totaling $5,000. The stated grant purpose was the purpose of this grant is to support the coastal bend community foundation in implementing programs that advance its ongoing mission to support charitable endeavors in the coastal bend. this grant aligns with the foundation's commitment to is mission and promoting the coastal bend..

Operating model

Revenue model
Investment-supported. 100% of the foundation's positive operating resources came from recurring investment income.
Distribution model
Grant intermediary. The foundation distributed 100% of its reported charitable disbursements as grants.

The verdict

STRONG - The filed numbers largely add up and a large share of spending goes to grants. A relatively small share of available resources goes to charitable grants.

Rating breakdown

  • Grant Deployment: 39
  • Cost Efficiency: 100
  • Transparency: 100
  • Compliance: 100
  • Endowment Health: 93

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 38.9%; rating input score 39; 7th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 100%; rating input score 100; 99th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Foundation activity disclosures: 19 of 19 controls in place; rating input score 100
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Pass
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Individual grants for travel, study or similar purposes: Pass
    • Grants outside qualifying charitable organization categories: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 10; rating input score 100

Endowment Health

  • Endowment-health comparison: 41.07; rating input score 93; 93rd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: 38.9% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Consistency: 10 of 10 current checks pass
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Moderate — Grant Deployment: Grant deployment ratio scored 39/100.