Nonprofit · EIN 59-3579886
PARKER STREET MINISTRIES INC
Tax-exempt · LAKELAND, FL 33801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $4,703,420 | $2,186,629 | $2,516,791 | $14,057,335 | $30,122 | $14,027,213 |
| December 31, 2024 | 990 | $7,472,354 | $1,628,008 | $5,844,346 | $11,496,969 | $20,704 | $11,476,265 |
| December 31, 2023 | 990 | $3,936,447 | $1,395,052 | $2,541,395 | $5,638,296 | $24,519 | $5,613,777 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $4,325,608
- Program service revenue
- $0
- Investment income
- $109,154
- Net rental income
- $82,823
- Net gain from sales of assets
- $41,632
- Other revenue
- $268,658
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $125,000
- Other salaries and wages
- $889,205
- Salaries, compensation and benefits (total)
- $1,210,516
- Professional fundraising fees
- $0
- Accounting fees
- $18,500
- Occupancy
- $280,259
- Depreciation
- $216,731
- Program services (functional)
- $1,912,620
- Management and general (functional)
- $186,571
- Fundraising (functional)
- $87,438
Balance sheet and other
- Total assets, start of year
- $11,496,969
- Total assets, end of year
- $14,057,335
- Total liabilities, end of year
- $30,122
- Net assets, end of year
- $14,027,213
- Land, buildings and equipment
- $9,936,672
- Net assets without donor restrictions
- $12,986,259
- Net assets with donor restrictions
- $1,040,954
- Gross receipts
- $5,662,243
- Employees
- 47
- Volunteers
- 1,035
- Year formed
- 1999
- State of legal domicile
- FL
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 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TIMOTHY MITCHELL | EXECUTIVE DI Officer | 40 | $125,000 |
| SCOTT MACDONALD | DIRECTOR Trustee or director | 0.25 | $0 |
| LANCE SCHMIDT CPA | TREASURER Trustee or director, Officer | 0.25 | $0 |
| TERESA BRAY | IMMEDIATE PA Trustee or director, Officer | 0.25 | $0 |
| TYLER GRIFFIN | DIRECTOR Trustee or director | 0.25 | $0 |
| HOWARD BAYLESS | DIRECTOR Trustee or director | 0.25 | $0 |
| MONTY DAVIS | DIRECTOR Trustee or director | 0.25 | $0 |
| MARC PRESNELL | CHAIR Trustee or director | 0.25 | $0 |
| TERRI PRESNELL | DIRECTOR Trustee or director | 0.25 | $0 |
| TARA JESSUP | SECRETARY Trustee or director, Officer | 0.25 | $0 |
| SAM STRAWBRIDGE | DIRECTOR Trustee or director | 0.25 | $0 |
| ROBBIE PEARCE | VICE CHAIR Trustee or director, Officer | 0.25 | $0 |
990 for the year ended December 31, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TIMOTHY MITCHELL | EXECUTIVE DI Officer | 40 | $102,030 |
| SCOTT MACDONALD | DIRECTOR Trustee or director | 0.25 | $0 |
| LANCE SCHMIDT CPA | TREASURER Trustee or director, Officer | 0.25 | $0 |
| TERESA BRAY | IMMEDIATE PA Trustee or director, Officer | 0.25 | $0 |
| HOWARD BAYLESS | DIRECTOR Trustee or director | 0.25 | $0 |
| KAY COCHRAN | DIRECTOR Trustee or director | 0.25 | $0 |
| MONTY DAVIS | DIRECTOR Trustee or director | 0.25 | $0 |
| MARC PRESNELL | CHAIR Trustee or director | 0.25 | $0 |
| TERRI PRESNELL | DIRECTOR Trustee or director | 0.25 | $0 |
| LYNNE SIMPKINS | DIRECTOR Trustee or director | 0.25 | $0 |
| TARA JESSUP | SECRETARY Trustee or director, Officer | 0.25 | $0 |
| SAM STRAWBRIDGE | DIRECTOR Trustee or director | 0.25 | $0 |
| ROBBIE PEARCE | VICE CHAIR Trustee or director, Officer | 0.25 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TIMOTHY MITCHELL | EXECUTIVE DI Officer | 40 | $99,050 |
| SCOTT MACDONALD | PAST CHAIR Trustee or director, Officer | 0.25 | $0 |
| LANCE SCHMIDT CPA | TREASURER Trustee or director, Officer | 0.25 | $0 |
| TERESA BRAY | CHAIR Trustee or director, Officer | 0.25 | $0 |
| HOWARD BAYLESS | DIRECTOR Trustee or director | 0.25 | $0 |
| KAY COCHRAN | SECRETARY Trustee or director | 0.25 | $0 |
| MONTY DAVIS | DIRECTOR Trustee or director | 0.25 | $0 |
| RANDY MATHEWS | DIRECTOR Trustee or director | 0.25 | $0 |
| MARC PRESNELL | CHAIR ELECT Trustee or director | 0.25 | $0 |
| TERRI PRESNELL | DIRECTOR Trustee or director | 0.25 | $0 |
| JOE WHITEHURST | DIRECTOR Trustee or director | 0.25 | $0 |
| SANDRA THIELE | DIRECTOR Trustee or director | 0.25 | $0 |
| LYNNE SIMPKINS | DIRECTOR Trustee or director | 0.25 | $0 |
| TARA JESSUP | DIRECTOR Trustee or director | 0.25 | $0 |
| SAM STRAWBRIDGE | DIRECTOR Trustee or director | 0.25 | $0 |
| ROBBIE PEARCE | DIRECTOR Trustee or director | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- 719 N MASSACHUSETTS AVE, LAKELAND, FL 33801-1746
- In care of
- % JANETTE OBRIEN
- Principal officer (990 for 2025)
- TIMOTHY MITCHELL, 719 N MASSACHUSETTS AVENUE, LAKELAND, FL 33801
- Signed the 990
- TIMOTHY MITCHELL, EXECUTIVE DIRECTOR
- Phone
- (863) 682-4544
- Website
- WWW.PSMLAKELAND.ORG
- Return prepared by
- RAMOS & FLOYD CPAS PLLC
Mission
PARKER STREET MINISTRIES IS A CHRIST-CENTERED ORGANIZATION COMMITTED TO INDIVIDUAL, FAMILY AND COMMUNITY RESTORATION, RECONCILIATION AND REVITALIZATION BEGINNING IN LAKELAND'S PARKER STREET COMMUNITY.
Program accomplishments
- VOLUNTEERS ARE VITAL RESOURCES FOR DELIVERING PROGRAMS. IN 2025, 1,035 UNDUPLICATED VOLUNTEERS LOGGED MORE THAN 5,300 HOURS THROUGH PSM AND 42 OF THOSE VOLUNTEERS WERE NEIGHBORHOOD RESIDENTS. THE IN-KIND VALUE OF VOLUNTEER HOURS IN 2025 WAS 186,232.61 (INDEPENDENT SECTOR). THE ORGANIZATION'S CURRENT LONG-RANGE PLAN (2023-27) FEATURES FOUR FOCUS AREAS. FOSTERING SPIRITUAL GROWTH: ENCOURAGING SPIRITUAL GROWTH BY MAKING CHRIST AND HIS GOSPEL CENTRAL THROUGH THE PRACTICE OF SPIRITUAL DISCIPLINES. THIS EQUIPS PARKER STREET AND NORTH LAKE WIRE NEIGHBORHOOD RESIDENTS TO INTEGRATE THESE PRACTICES INTO THEIR LIVES, NO MATTER WHERE THEY LIVE. SUPPORTING LIFETIME LEARNERS: OFFERING YEAR-ROUND EDUCATIONAL OPPORTUNITIES, INCLUDING ACADEMIC ENRICHMENT FOR K-12 STUDENTS. A SUMMER WORKFORCE PROGRAM TEACHES YOUNG HIGH SCHOOLERS ESSENTIAL JOB SKILLS, PROVIDES STIPENDS, AND EMPHASIZES THE IMPORTANCE OF SAVING. STABILIZING THE NEIGHBORHOOD: ENHANCING THE QUALITY AND AVAILABILITY OF HOUSING BY LEVERAGING VOLUNTEERS AND PARTNERSHIPS WITH LANDLORDS AND AGENCIES. ACTIVITIES SUCH AS NEIGHBORHOOD CLEANUPS, LANDSCAPING, HOME REPAIRS, AND THE CONSTRUCTION OF HOMES FOR THOSE UNDERHOUSED AND COST- BURDENED TO STABILIZE FAMILIES AND CONTRIBUTE TO A VIBRANT, MIXED-INCOME COMMUNITY. CULTIVATING CONNECTIONS: BRIDGING GAPS IN RELATIONSHIPS AND SERVICES THROUGH ACTIVITIES LIKE THE NEIGHBORHOOD CHRISTMAS STORE AND COMMUNITY GATHERINGS. STRENGTHENING MINISTRY CONNECTIONS WITH PARKER STREET AND NORTH LAKE WIRE FAMILIES FOSTERS A DIVERSE COMMUNITY THAT LEARNS FROM AND CARES FOR ONE ANOTHER. MEASURES, PROGRAM INFORMATION, AND FINANCIAL DOCUMENTS CAN BE FOUND AT PSMLAKELAND.ORG OR AT CANDID.ORG.Expenses $1,912,620
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 59-3579886
- 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
- 2000
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S200)
- Assets (IRS master file)
- $14,057,335
- Income (IRS master file)
- $5,662,243
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $4,703,420 | $2,186,629 | $14,057,335 | XML |
| 990 | December 2024 | $7,472,354 | $1,628,008 | $11,496,969 | XML |
| 990 | December 2023 | $3,936,447 | $1,395,052 | $5,638,296 | XML |
| 990 | December 2022 | $1,383,216 | $1,077,340 | $3,074,950 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 59-3579886).
Questions about PARKER STREET MINISTRIES INC
- What is the EIN of PARKER STREET MINISTRIES INC?
- The employer identification number (EIN) of PARKER STREET MINISTRIES INC is 59-3579886.
- Is PARKER STREET MINISTRIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to PARKER STREET MINISTRIES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PARKER STREET MINISTRIES INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PARKER STREET MINISTRIES 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 PARKER STREET MINISTRIES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PARKER STREET MINISTRIES INC?
- The 990 for the year ended December 31, 2025 names TIMOTHY MITCHELL.
- Who are the officers and directors of PARKER STREET MINISTRIES INC?
- The 990 for the year ended December 31, 2025 lists 12 people; 1 received compensation from the organization, the highest $125,000 (TIMOTHY MITCHELL, EXECUTIVE DI).
- How much revenue does PARKER STREET MINISTRIES INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $4,703,420, expenses of $2,186,629 and total assets of $14,057,335 at year end.
Other nonprofits in LAKELAND
- CATAPULT LAKELAND INC EIN 80-0945525 · last filed 990 for 2024
- GENERAL FEDERATION OF WOMENS CLUB EIN 59-0804690 · last filed 990 for 2025
- SUMMIT IMPACT A NONPROFIT CORPORATION EIN 85-2770209 · last filed 990 for 2024
- POLK VISION INC EIN 20-0141870 · last filed 990 for 2024
- MISS FLORIDA SCHOLARSHIP INC EIN 45-0484843 · last filed 990 for 2024
- LAKELAND 100 INC EIN 93-4368229 · last filed 990 for 2025
- JUNIOR LEAGUE OF GREATER LAKELAND INC EIN 59-6138219 · last filed 990 for 2025
- POLK ECUMENICAL ACTION COUNCIL FOR EMPOWERMENT INC EIN 59-3461155 · last filed 990 for 2025
All nonprofits in LAKELAND · Florida · Community improvement and capacity building