Parkway Alumni Association
Public records show a registered, tax-exempt organization in good standing.
What it says it does
ENCOURAGE COMMUNICATION AMONG ALUMNI AND FOSTER PROGRAMS WHICH SERVE AND SUPPORT THE PARKWAY COMMUNITY
- Income
- $129,384
- Spending
- $107,306
- Spent on programs
- 71%
- Reserves
- 66.8 months of spending
- Largest source of income
- donations and private grants, 67%
- Employees
- 0
- Highest pay
- $68,737, executive director
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 90 out of 100. Higher than 67% of charities in its peer group (education, under $250k).
Reserves
35 of 35Spendable reserves would cover 66.8 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 17% of income.
Income trend
5 of 15Income fell 22% on the year before.
Spending floor
15 of 1571% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 47 out of 100. Higher than 23% of charities in its peer group (education, under $250k).
Independent board
25 of 2514 of 14 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $34,717 spent. SCHOLARSHIPS - THE PARKWAY ALUMNI ASSOCIATION IS PROVIDING DONORS THE OPPORTUNITY TO CREATE ANNUAL AND ENDOWED SCHOLARSHIPS FOR STUDENTS AND TEACHERS. WITH ANNUAL SCHOLARSHIPS, FUNDS ARE DONATED EACH YEAR AND PRESENTED TO THE RECIPIENT(S) THAT YEAR. ENDOWED SCHOLARSHIPS ARE ESTABLISHED WITH A MINIMUM OF $20,000. THE CORPUS IS INVESTED TO YIELD EARNINGS THAT PROVIDE THE SCHOLARSHIP AMOUNT. EACH YEAR A 4% DISTRIBUTION IS AVAILABLE FROM THE EARNINGS TO FUND THE SCHOLARSHIP. THE CORPUS OF AN ENDOWED SCHOLARSHIP REMAINS INTACT, THUS MAINTAINING THE SCHOLARSHIP IN PERPETUITY.
- $34,463 spent. GRANTING DREAMS-EXTREMELY SUCCESSFUL, THIS PROGRAM PROVIDES STUDENTS WITH EDUCATIONAL OPPORTUNITIES THAT ARE ABOVE AND BEYOND THE SCOPE OF THE CLASSROOM. WE HAVE AWARDED OVER $300,000 IN MONETARY GRANTS AND FILLED 370 COMMUNITY RESOURCE GRANTS. THIS PROGRAM WAS STARTED WITH THE IDEA THAT IF A STUDENT MEETS SUCCESS IN ONE AREA OF THEIR LIFE IT WILL LIKELY CARRY OVER INTO OTHER AREAS. BY HAVING THE STUDENTS FILL OUT A GRANT APPLICATION THEY HAVE TO THINK THROUGH THE STEPS THEY NEED TO GO THROUGH TO ATTAIN THEIR DREAM/GOAL
- $5,429 spent. EDUCATORS MAKE A DIFFERENCE FUND - THIS PROGRAM WAS STARTED BY A GROUP FROM THE INAUGURAL CLASS OF THE HALL OF FAME IN HONOR OF AL BURR AND THE EXCELLENCE IN EDUCATION THAT HE REPRESENTS. THE COMMITTEE HAS GATHERED STORIES ABOUT STAFF MEMBERS WHO MADE A SIGNIFICANT DIFFERENCE IN STUDENTS LIVES AND DEVELOPED PROGRAMS THAT MOTIVATE AND INSPIRE GREAT TEACHERS. THIS ALSO FUNDS THE ALBERT AWARDS AND THE TEACHER OF THE YEAR AWARDS
- $1,516 spent. LIGHT OF PARKWAY - CREATED TO RECOGNIZE PARKWAY OPERATIONS STAFF MEMBERS WHO HAVE HELPED TO CREATE A POSITIVE AND CARING ENVIRONMENT FOR THE PEOPLE THEY SERVE IN PARKWAY.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 1996.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.