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Nonprofit · EIN 86-1801736

PARALLEL GROUP

Tax-exempt · VIRGINIA BCH, VA 23451

Financials

$63K$52K2024$21K$13K2025
Revenue Expenses · by fiscal year end
Financials of PARALLEL GROUP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$21,394$13,334$8,060$36,474$956$35,518
August 31, 2025990-EZ$63,095$52,422$10,673$28,096$638$27,458
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$18,821
Program service revenue
$2,505
Investment income
$68

Expenses

Compensation of officers, directors and key employees
$8,971
Salaries, compensation and benefits (total)
$8,971
Printing, publications and postage
$799
Other expenses
$3,564
Program services (functional)
$9,932

Balance sheet and other

Total assets, start of year
$28,096
Total assets, end of year
$36,474
Total liabilities, end of year
$956
Net assets, end of year
$35,518
Cash, savings and investments
$36,474
Gross receipts
$21,394

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-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Andrew BreitenbergDirector5$8,971
Christopher BreitenbergChairman2$0
David FinnTreasurer2$0
990-EZ for the year ended August 31, 2025: 3 people
NameTitleHours / weekCompensation
Andrew BreitenbergDirector5$22,248
Christopher BreitenbergChairman2$0
David FinnTreasurer2$0

Address and contacts

Address (IRS master file)
420 GOODSPEED RD, VIRGINIA BCH, VA 23451-2207
Mailing address (990-N for 2023)
420 Goodspeed Road, Virginia Beach VA 23451
Principal officer (990-N for 2023)
David Finn, 1604 Hilltop W Exec Ctr STE 208, Virginia Beach VA 23451
Signed the 990-EZ
David Finn, Treasurer
Phone
(757) 425-1532
Return prepared by
FINN GARTMAN HART PLC

Mission

Provide and operate religious, literary, educational, and scientific events for the purpose of spiritual work.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • Provide and operate religious events for the purpose of spiritual work.
    Expenses $9,932

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025Check at the IRS
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
86-1801736
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
2021
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B99)
Assets (IRS master file)
$36,474
Income (IRS master file)
$21,394

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$21,394$13,334$36,474IRS
990-EZAugust 2025$63,095$52,422$28,096IRS
990-N for 2023
Officer: David Finn
August 31, 2024≤ $50,000 receipts––e-Postcard
990-N for 2022
Officer: David Finn
August 31, 2023≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Andrew Breitenberg
August 31, 2021≤ $50,000 receipts––e-Postcard

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 86-1801736).

Questions about PARALLEL GROUP

What is the EIN of PARALLEL GROUP?
The employer identification number (EIN) of PARALLEL GROUP is 86-1801736.
Is PARALLEL GROUP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to PARALLEL GROUP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PARALLEL GROUP file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of PARALLEL GROUP 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 PARALLEL GROUP last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who is the principal officer of PARALLEL GROUP?
The 990-N for 2023 names David Finn.
Who are the officers and directors of PARALLEL GROUP?
The 990-EZ for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $8,971 (Andrew Breitenberg, Director).
How much revenue does PARALLEL GROUP have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $21,394, expenses of $13,334 and total assets of $36,474 at year end.

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