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Filing year 2023

PARALLAX ADVANCED RESEARCH CORPORATION

Beavercreek, Ohio·EIN 16-1704454·NTEE U054 · Science & Technology·501(c)(3)
Total revenue
$57.5M
Total assets
$27.6M
Total expenses
$56.3M
Reported officers
58
Mission

PART I, LINE 1 THE ORGANIZATION'S MISSION IS TO OPERATE EXCLUSIVELY FOR SCIENTIFIC, EDUCATIONAL AND CHARITABLE PURPOSES TO INCLUDE PROMOTING, ENCOURAGING AND ASSISTING IN SCIENTIFIC RESEARCH AND DEVELOPMENT FOR THE BENEFIT OF THE PUBLIC AND THE TRANSITION TO OHIO INDUSTRY OF ADVANCED DATA COLLECTION, MANAGEMENT AND ANALYSIS TECHNOLOGIES. FOSTERING COLLABORATION BETWEEN THE RESEARCH CENTERS OF OHIO INFORMATION TECHNOLOGY AND RELATED COMPANIES, ACADEMIC INSTITUTIONS AND GOVERNMENTAL RESEARCH FACILITIES, ENCOURAGING THE RETENTION, DEVELOPMENT AND EXPANSION OF THE INFORMATION TECHNOLOGY AND RELATED INDUSTRIES IN OHIO AND PROMOTING, ENCOURAGING AND ASSISTING IN SCIENTIFIC RESEARCH TO AID IN THE EDUCATION OF COLLEGE AND UNIVERSITY STUDENTS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 37 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Science & Technology organizations nationwide.

CEO & Presid
75th to 90th percentile
$377k
$417k
Base
$377k
Bonus
Other
Benefits
Key Employee
75th to 90th percentile
$341k
$377k
Base
$341k
Bonus
Other
Benefits
Key Employee
Median to 75th percentile
$310k
$342k
Base
$310k
Bonus
Other
Benefits
Key Employee
Median to 75th percentile
$310k
$342k
Base
$310k
Bonus
Other
Benefits
Key Employee
Median to 75th percentile
$283k
$313k
Base
$283k
Bonus
Other
Benefits
COO & Secret
Median to 75th percentile
$282k
$311k
Base
$282k
Bonus
Other
Benefits
Key Employee
Median to 75th percentile
$269k
$297k
Base
$269k
Bonus
Other
Benefits
Key Employee
Median to 75th percentile
$262k
$290k
Base
$262k
Bonus
Other
Benefits
CFO
Median to 75th percentile
$255k
$282k
Base
$255k
Bonus
Other
Benefits
Key Employee
Median to 75th percentile
$251k
$277k
Base
$251k
Bonus
Other
Benefits
Key Employee
Median to 75th percentile
$249k
$276k
Base
$249k
Bonus
Other
Benefits
Key Employee
Median to 75th percentile
$247k
$273k
Base
$247k
Bonus
Other
Benefits
Key Employee
25th percentile to median
$231k
$256k
Base
$231k
Bonus
Other
Benefits
Key Employee
25th percentile to median
$231k
$255k
Base
$231k
Bonus
Other
Benefits
Key Employee
25th percentile to median
$229k
$253k
Base
$229k
Bonus
Other
Benefits
Key Employee
25th percentile to median
$228k
$252k
Base
$228k
Bonus
Other
Benefits
Key Employee
25th percentile to median
$224k
$247k
Base
$224k
Bonus
Other
Benefits
Key Employee
25th percentile to median
$224k
$247k
Base
$224k
Bonus
Other
Benefits
Key Employee
25th percentile to median
$223k
$247k
Base
$223k
Bonus
Other
Benefits
Key Employee
25th percentile to median
$223k
$246k
Base
$223k
Bonus
Other
Benefits
Key Employee
25th percentile to median
$215k
$237k
Base
$215k
Bonus
Other
Benefits
Key Employee
25th percentile to median
$214k
$237k
Base
$214k
Bonus
Other
Benefits
Key Employee
25th percentile to median
$211k
$233k
Base
$211k
Bonus
Other
Benefits
Key Employee
25th percentile to median
$205k
$226k
Base
$205k
Bonus
Other
Benefits
Key Employee
25th percentile to median
$201k
$222k
Base
$201k
Bonus
Other
Benefits
Key Employee
25th percentile to median
$200k
$221k
Base
$200k
Bonus
Other
Benefits
Key Employee
25th percentile to median
$199k
$220k
Base
$199k
Bonus
Other
Benefits
Key Employee
25th percentile to median
$195k
$215k
Base
$195k
Bonus
Other
Benefits
Key Employee
25th percentile to median
$193k
$214k
Base
$193k
Bonus
Other
Benefits
Key Employee
25th percentile to median
$193k
$214k
Base
$193k
Bonus
Other
Benefits
Key Employee
10th to 25th percentile
$187k
$206k
Base
$187k
Bonus
Other
Benefits
Key Employee
10th to 25th percentile
$186k
$205k
Base
$186k
Bonus
Other
Benefits
Key Employee
10th to 25th percentile
$185k
$204k
Base
$185k
Bonus
Other
Benefits
Key Employee
10th to 25th percentile
$185k
$204k
Base
$185k
Bonus
Other
Benefits
Key Employee
10th to 25th percentile
$183k
$202k
Base
$183k
Bonus
Other
Benefits
Key Employee
10th to 25th percentile
$181k
$200k
Base
$181k
Bonus
Other
Benefits
Key Employee
10th to 25th percentile
$181k
$200k
Base
$181k
Bonus
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 21 unpaid individuals.

Browse compensation in Science & Technology

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at PARALLAX ADVANCED RESEARCH CORPORATION equaled 0.7% of the organization's total expenses. The median for science & technology organizations is 9%.

This organization (2023)
0.7%
Sector median
9%
Middle half of sector
4% to 21%

Based on 1,078 science & technology organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 2%
from 2022

From $369k in 2022 to $377k in 2023.

$369k
2022
$377k
2023
In today's dollarsEst.
Down 2% in real terms$424k to $417k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 2% from 2022 to 2023, while revenue rose 25%.

$369k in 2022 to $377k in 2023.
  • Key Employee pay rose 16% from 2022 to 2023.
  • Chief Financial Officer pay fell 6% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

PARALLAX ADVANCED RESEARCH CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$46M
$45.8M
2022
$57.5M
$56.3M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Science & Technology executives earn

Comparable science & technology organizations nationwide pay their highest-earning executive a median of $127,487.

25th percentile
$50k
Median
$127,487
75th percentile
$250k
90th percentile
$501k

These are science & technology sector-wide figures, not this organization's reported pay. Based on 1,079 organizations across 1,079 filings (2020 – 2024).

See full Science & Technology compensation data
FAQ

Common questions about PARALLAX ADVANCED RESEARCH CORPORATION

What does the Chief Executive Officer of PARALLAX ADVANCED RESEARCH CORPORATION earn?

In 2023, the Chief Executive Officer of PARALLAX ADVANCED RESEARCH CORPORATION received $377,288 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Science & Technology organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at PARALLAX ADVANCED RESEARCH CORPORATION compare with similar nonprofits?

Compared with the same role at Science & Technology organizations nationwide, the 2023 pay of the Chief Executive Officer at PARALLAX ADVANCED RESEARCH CORPORATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at PARALLAX ADVANCED RESEARCH CORPORATION equaled 0.7% of the organization's total expenses. The median for science & technology organizations is 9%.

What are PARALLAX ADVANCED RESEARCH CORPORATION's revenue and expenses?

In 2023, PARALLAX ADVANCED RESEARCH CORPORATION reported $57.5M in total revenue and $56.3M in total expenses on its IRS Form 990.

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