Parallel Network Inc.

Charitable organization · Christianity · Lethbridge, AB

Business number 119285625 RR 0001
$5.8Mtotal revenue
$2.6Mtax-receipted donations
$5.0Mtotal expenditures
$4.0Mtotal assets

Fiscal period ending December 31, 2024.

Programs

We hold weekly worship services We run a Daycare and Kindergarten We give Pastoral Care We help the poor We support missionary activities

Ongoing program

Financial history

Fiscal period end2022-12-312023-12-312024-12-31
Total revenue$4,501,457$5,239,413$5,769,506
Tax-receipted gifts$2,514,715$2,771,730$2,584,476
Government funding$1,307,431$1,632,564$1,622,485
Total expenditures$4,548,635$5,312,075$4,989,667
Charitable programs—$5,312,075$4,386,581
Management and administration——$603,086
Compensation$2,504,757$2,912,472$2,945,240
Total assets$4,523,211$4,325,283$4,011,130
Total liabilities$2,145,794$2,411,517$444,658

From T3010 Registered Charity Information Returns filed with the CRA.

Charity details

Business number
119285625RR0001
Designation
Charitable organization
Category
Christianity
Total compensation
$2,945,240
Full-time positions
100
Part-time employees
37

Contact

Address
Po Box 1780 STN Main, Lethbridge, AB T1J 4K4
Website
myvictory.ca

Official record: CRA charities listings, BN 119285625RR0001.

Pay of the ten highest-paid full-time positions

Gifts received from other charities

Other charities in Lethbridge

CharityLocationRevenueExpenses
The University of LethbridgeBN 119279248RR0001 · Teaching institutions Lethbridge, AB $221.4M $214.1M
The Lethbridge School DivisionBN 107623340RR0001 · Teaching institutions Lethbridge, AB $142.7M $144.0M
Palliser Regional Division # 26BN 139484828RR0001 · Teaching institutions Lethbridge, AB $113.4M $113.9M
Lethbridge PolytechnicBN 107622987RR0001 · Teaching institutions Lethbridge, AB $105.8M $103.3M
The Holy Spirit Roman Catholic Separate School DivisionBN 899050496RR0001 · Support of schools and education Lethbridge, AB $68.0M $68.2M
Green Acres FoundationBN 132962861RR0001 · Organizations relieving poverty Lethbridge, AB $35.1M $29.2M
Lethbridge Family ServicesBN 107623043RR0001 · Organizations relieving poverty Lethbridge, AB $25.4M $25.1M
Southern Alberta Community Living AssociationBN 107995730RR0001 · Organizations relieving poverty Lethbridge, AB $12.6M $12.5M
The Lethbridge Young Men's Christian AssociationBN 119242030RR0001 · Support of religion Lethbridge, AB $12.0M $11.4M
City of Lethbridge Library BoardBN 849192661RR0001 · Public amenities Lethbridge, AB $8.2M $8.4M

Questions and answers

What is the charity registration number of Parallel Network Inc.?

Parallel Network Inc. is a registered charity with business number 119285625 RR 0001, designated as a charitable organization.

How much revenue does Parallel Network Inc. have?

For the fiscal period ending December 31, 2024 the charity reported total revenue of $5,769,506, including $2,584,476 in tax-receipted donations, and expenditures of $4,989,667.

How much does Parallel Network Inc. spend on compensation?

Total compensation was $2,945,240 for 100 full-time positions and 37 part-time employees.