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Nonprofit · EIN 85-0484264

PROMPT INSTITUTE

Tax-exempt · SANTA FE, NM 87505

Financials

$3.3M$3.3M2023$2.7M$3.4M2024
Revenue Expenses · by fiscal year end
Financials of PROMPT INSTITUTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990 (amended)$2,732,471$3,437,032-$704,561$1,196,981$556,997$639,984
December 31, 2023990$3,347,822$3,294,233$53,589$1,606,467$289,857$1,316,610
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$126
Program service revenue
$2,666,260
Investment income
$14,425
Net gain from sales of assets
-$1,497
Net income from sales of inventory
$51,660
Other revenue
$51,660

Expenses

Grants and similar amounts paid
$44,000
Compensation of officers, directors and key employees
$94,243
Other salaries and wages
$809,278
Salaries, compensation and benefits (total)
$1,058,104
Professional fundraising fees
$0
Legal fees
$86,855
Accounting fees
$3,373
Occupancy
$65,002
Travel
$245,008
Depreciation
$2,387
Program services (functional)
$2,068,184
Management and general (functional)
$1,368,848

Balance sheet and other

Total assets, start of year
$1,606,467
Total assets, end of year
$1,196,981
Total liabilities, end of year
$556,997
Net assets, end of year
$639,984
Land, buildings and equipment
$5,313
Net assets without donor restrictions
$639,984
Gross receipts
$2,733,968
Employees
16
Volunteers
0
Year formed
2001
State of legal domicile
NM

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
AMY CLARKDIRECTOR OF CLINICAL EDUCT
Highest-paid employee
32$170,833$11,275
DEBORAH HAYDENRESEARCH DIRECTOR
Highest-paid employee
16$124,738$0
GUY LISELLAEXECUTIVE DIRECTOR
Officer
24$94,243$0
BARBARA WALLACEPRESIDENT
Trustee or director, Officer
1$0$0
NATASCHA CRANDALLSECRETARY
Trustee or director, Officer
1$0$0
MARK RIEKTREASURER
Trustee or director, Officer
1$0$0
LAURA STEELEMEMBER
Trustee or director
1$0$0
ELLEN JEFFERYVICE PRESIDENT
Trustee or director, Officer
1$0$0
JOE HERMANMEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
AMY CLARKDIRECTOR OF CLINICAL EDUCT
Highest-paid employee
32$172,432
DEBORAH HAYDENRESEARCH DIRECTOR
Highest-paid employee
16$118,928
GUY LISELLAEXECUTIVE DIRECTOR
Officer
24$93,102
BARBARA WALLACEMEMBER
Trustee or director
1$0
ELLEN JEFFERYSECRETARY
Trustee or director, Officer
1$0
MARK RIEKTREASURER
Trustee or director, Officer
1$0
LAURA STEELEVICE RPESIDENT
Trustee or director, Officer
1$0
NATASCHA CRANDALLMEMBER
Trustee or director
1$0
JOE HERMANPRESIDENT
Officer
1$0

Address and contacts

Address (IRS master file)
404 KIVA CT STE E, SANTA FE, NM 87505-5994
In care of
% SCOTT CHUMPELIK
Principal officer (990 for 2024)
LISA M GURULE, 404 KIVA COURT, SANTA FE, NM 87505
Signed the 990
LISA M GURULE, EXECUTIVE DIRECTOR
Phone
(505) 466-7710
Return prepared by
SWAIN & GRIECO LLC

Mission

THE MISSION OF THE PROMPT INSTITUTE IS TO TRAIN SPEECH AND LANGUAGEPATHOLOGISTS IN THE PROMPT TECHNIQUE AND TO CERTIFY PATHOLOGISTS WHOHAVE DEMONSTRATED PROFICIENCY IN THE TECHNIQUE.

990 for the year ended December 31, 2024

Program accomplishments

  • WORKSHOPS - THE ORGANIZATION HELD WORKSHOPS ON THE PROMPT METHOD, MAINLY ONLINE DUE TO THE COVID PANDEMIC. APPROXIMATELY 4,124 PEOPLE PARTICIPATED.
    Expenses $1,423,027 · grants $44,000 · revenue $2,717,920
  • RESEARCH - THE ORGANIZATION CONDUCTED RESEARCH TO ESTABLISH AND DOCUMENT THE CLINICAL EFFICACY OF THE PROMPT METHOD. INDIVIDUALS SERVED INCLUDED ANY PERSON WHO HAS EVER BEEN TRAINED OR WILL RECEIVE TREATMENT.
    Expenses $645,157

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-0484264
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2002
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E50)
Assets (IRS master file)
$1,196,981
Income (IRS master file)
$2,733,968

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,732,471$3,437,032$1,196,981IRS
990December 2023$3,347,822$3,294,233$1,606,467XML
990December 2022$2,991,753$2,693,748$1,604,131IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-0484264).

Questions about PROMPT INSTITUTE

What is the EIN of PROMPT INSTITUTE?
The employer identification number (EIN) of PROMPT INSTITUTE is 85-0484264.
Is PROMPT INSTITUTE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to PROMPT INSTITUTE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PROMPT INSTITUTE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PROMPT INSTITUTE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PROMPT INSTITUTE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of PROMPT INSTITUTE?
The 990 for the year ended December 31, 2024 names LISA M GURULE.
Who are the officers and directors of PROMPT INSTITUTE?
The 990 for the year ended December 31, 2024 lists 9 people; 3 received compensation from the organization, the highest $170,833 (AMY CLARK, DIRECTOR OF CLINICAL EDUCT).
How much revenue does PROMPT INSTITUTE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,732,471, expenses of $3,437,032 and total assets of $1,196,981 at year end.

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