PARLE ENDEAVORS INC
Mission Statement
Parle Endeavors is a NYC based 501c3 nonprofit organization whose mission is to empower and support young adults through mentorship, scholarships, grants, exposure, and experience. We provide scholarships to young people who want to pursue careers in media, communications, journalism, or business. And we give grants to juniors and seniors in high school who have business ideas. Scholarship winners and grant winners are partnered with a mentor in their field of interest to help guide them for at least a year, but the hope is that these become lifelong mentors when that young person graduates or when that young person gets their business successfully off the ground.
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
105.4% | 85.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
36.4 mo | 11.6 mo |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 98.5% |
P10P90
|
Bottom quarter |
|
Surplus margin
Surplus as a share of revenue
|
72.6% | 8.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $71K | $19K | $59K | 105.4% | — |
| 2023 | $30K | $30K | N/A | — | 0 |
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