Parallel Housing Inc is a private foundation focused on Housing & Shelter, based in ATHENS, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $784K in total assets. In 2024, it made $800K in qualifying distributions. Net investment income was $8K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$784K
+7.3% YoY
Revenue
$701K
+159.8% YoY
Qualifying Distributions
$800K
+245.0% YoY
Expenses
$801K
+243.4% YoY
About Parallel Housing Inc
Based on IRS filings
Parallel Housing Inc is a private foundation focused on Housing & Shelter, based in ATHENS, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $784K in total assets. In 2024, it made $800K in qualifying distributions. Net investment income was $8K.
Focus Areas
Ready to take the next step with Parallel Housing Inc?
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $783,816 | $730,548 | $693,789 |
| Revenue | $701,472 | $270,027 | $217,532 |
| Expenses | $801,104 | $233,268 | $224,100 |
| Qualifying Distributions | $799,720 | $231,811 | $222,789 |
| Net Investment Income | $7,671 | $15,036 | $3,343 |
| Distributable Amount | $17,820 | $8,755 | $7,144 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALAN GREGG BAYARD | PRESIDENT | 40 | $379,733 |
| RICK WADSWORTH | DIRECTOR | — | — |
| RON SCHWARTZ | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Rhedcloud Foundation Inc
DECATUR, GA
Assets
$6K
Grants
1
Total Given
$13K
Atlanta Committee for Progress Inc
ATLANTA, GA
Assets
$2.1M
Grants
1
Total Given
$15K
Atlanta Postal Credit Union
ATLANTA, GA
Assets
$2.4B
Grants
4
Total Given
$308K
Justice for Children Foundation Inc
SAVANNAH, GA
Assets
$24K
Grants
0
Total Given
—
Southeast Area Blood Bankers
PEACHTREE CITY, GA
Assets
$33K
Grants
0
Total Given
—
Courts Foundation Inc
ATLANTA, GA
Assets
$38.3M
Grants
1
Total Given
$1.6M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Parallel Housing Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities