UScience & TechnologyEIN: 161704454· Ruling Year: 2007

Parallax Advanced Research Corp

Beavercrk Twp, Ohio

B-Health Score
50B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

Compared to 5 peers in Science & Technology with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.07×
Peer Median9.71×
💰
$46.0M
Total Revenue
📊
$45.8M
Total Expenses
🏦
$3.4M
Net Assets
📋
$19.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+12.9%
Year-over-year change (2022 → 2023)
Net Margin
+0.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.07
Net assets divided by total expenses
Liabilities-to-Assets
85.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$45,989,63813%$45,816,86913%$23,131,45848%
2022$40,733,3284%$40,618,7825%$15,622,84711%
2021$42,589,82140%$42,807,16141%$14,013,7796%
2020$30,412,5853%$30,331,7223%$14,963,02820%
2019$31,263,7678%$31,219,6936%$12,460,29025%
2018$28,919,67243%$29,591,39141%$16,664,65129%
2017$20,165,9862%$21,023,53823%$23,503,28126%
2016$20,524,79633%$17,080,5157%$18,668,90066%
2015$15,379,5067%$15,954,36027%$11,223,8911%
2014$14,380,91157%$12,584,56338%$11,308,41219%
2013$9,166,501399%$9,088,56921%$14,010,808110%
2012$1,837,023250%$7,528,897231%$6,685,53216%
2011$525,034$2,271,592$7,953,438

Frequently Asked Questions

What does Parallax Advanced Research Corp do?

Parallax Advanced Research Corp is a science & technology nonprofit organization based in Ohio. It is classified under NTEE code U054 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Parallax Advanced Research Corp financially healthy?

Based on our 9-metric Financial Health Score model, Parallax Advanced Research Corp has a score of 50/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Parallax Advanced Research Corp generate?

Parallax Advanced Research Corp reports $57.5M in annual revenue and holds $27.6M in total assets, based on IRS filings.

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