Nonprofit · EIN 87-3510314
PREPARE INC
Tax-exempt · TOWSON, MD 21284
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $617,171 | $576,031 | $41,140 | $315,850 | $41,265 | $274,585 |
| June 30, 2024 | 990 | $326,107 | $360,072 | -$33,965 | $281,829 | $48,385 | $233,444 |
| December 31, 2023 | 990 | $458,997 | $312,360 | $146,637 | $301,654 | $34,246 | $267,408 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $616,921
- of which government grants
- $380,084
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $250
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $77,250
- Other salaries and wages
- $199,301
- Salaries, compensation and benefits (total)
- $323,977
- Professional fundraising fees
- $0
- Accounting fees
- $15,438
- Travel
- $339
- Program services (functional)
- $531,005
- Management and general (functional)
- $25,791
- Fundraising (functional)
- $19,235
Balance sheet and other
- Total assets, start of year
- $301,654
- Total assets, end of year
- $315,850
- Total liabilities, end of year
- $41,265
- Net assets, end of year
- $274,585
- Net assets without donor restrictions
- $237,085
- Net assets with donor restrictions
- $37,500
- Gross receipts
- $617,171
- Employees
- 7
- Volunteers
- 15
- Year formed
- 2021
- State of legal domicile
- MD
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Anne Bocchini Pack | Co-founder Director of Advocacy Key employee | 60 | $73,946 | $19,710 |
| Jacqueline Ahn | Co-founder Director of Parole Trustee or director, Officer | 35 | $43,432 | $0 |
| Maryjoel Davis | Founder Director of Second Chance Trustee or director | 20 | $30,320 | $0 |
| Elizabeth Finne | Co-founder Director of Development Key employee | 10 | $4,011 | $0 |
| Laura Collins | President of the Board of Directors Trustee or director, Officer | 2 | $0 | $0 |
| Steve Asin | Vice President of the Board of Dire Trustee or director, Officer | 2 | $0 | $0 |
| Shaila Cordone | Treasurer of the Board of Directors Trustee or director, Officer | 2 | $0 | $0 |
| Christopher Reynolds | Member of the Board of Directors Trustee or director | 1 | $0 | $0 |
| Rhonda Hall | Member of the Board of Directors Trustee or director | 1 | $0 | $0 |
| Anita Weist | Member of the Board of Directors Trustee or director | 1 | $0 | $0 |
| Judith Lichtenberg | Member of the Board of Directors Trustee or director | 1 | $0 | $0 |
| Margaret Chippendale | Member of the Board of Directors Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Anne Bocchini Kirsch | Co-founder Director of Advocacy Key employee | 60 | $37,782 | $5,989 |
| Jacqueline Ahn | Co-founder Director of Parole Trustee or director, Officer | 35 | $30,219 | $0 |
| Maryjoel Davis | Founder Director of Second Chance Trustee or director | 20 | $18,892 | $0 |
| Kathryn Eliscar | Bookkeeper Treasurer to the Board Officer | 8 | $7,575 | $0 |
| Elizabeth Finne | Co-founder Director of Developmen Key employee | 25 | $4,011 | $0 |
| Christopher Reynolds | President of the Board of Directors Trustee or director, Officer | 2 | $0 | $0 |
| Deidra Bryant | Vice President of the Board of Dire Trustee or director, Officer | 2 | $0 | $0 |
| Rhonda Hall | Member of the Board of Directors Trustee or director | 1 | $0 | $0 |
| Hillary Galloway Davis | Member of the Board of Directors Trustee or director | 1 | $0 | $0 |
| Mary Denise Davis | Member of the Board of Directors Trustee or director | 1 | $0 | $0 |
| Charli Cleland | Member of the Board of Directors Trustee or director | 1 | $0 | $0 |
| Laura Collins | Member of the Board of Directors Trustee or director | 1 | $0 | $0 |
| Anita Weist | Member of the Board of Directors Trustee or director | 1 | $0 | $0 |
| Judith Lichtenberg | Member of the Board of Directors Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Anne Bocchini Kirsch | Co-founder Director of Advocacy Key employee | 60 | $64,824 |
| Jacqueline Ahn | Co-founder Director of Parole Trustee or director, Officer | 35 | $28,587 |
| Maryjoel Davis | Founder Director of Second Chance Trustee or director | 20 | $19,336 |
| Kathryn Eliscar | Bookkeeper Treasurer to the Board Officer | 8 | $7,575 |
| Christopher Reynolds | President of the Board of Directors Trustee or director, Officer | 2 | $0 |
| Deidra Bryant | Vice President of the Board of Dire Trustee or director, Officer | 2 | $0 |
| Rhonda Hall | Member of the Board of Directors Trustee or director | 1 | $0 |
| Hillary Galloway Davis | Member of the Board of Directors Trustee or director | 1 | $0 |
| Mary Denise Davis | Member of the Board of Directors Trustee or director | 1 | $0 |
| Charli Cleland | Member of the Board of Directors Trustee or director | 1 | $0 |
| Laura Collins | Member of the Board of Directors Trustee or director | 1 | $0 |
| Anita Weist | Member of the Board of Directors Trustee or director | 1 | $0 |
| Judith Lichtenberg | Member of the Board of Directors Trustee or director | 1 | $0 |
| Elizabeth Finne | Co-founder Director of Developmen Key employee | 25 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 9738, TOWSON, MD 21284-9738
- In care of
- % KATHRYN ELISCAR
- Mailing address (990-N for 2022)
- 597 Cedar Spring ST, Gaithersburg MD 20877
- Principal officer (990 for 2024)
- Laura Collins, 347 Warren Ave, Baltimore, MD 21230
- Principal officer (990-N for 2022)
- Kathryn Eliscar, 597 Cedar Spring ST, Gaithersburg MD 20877
- Signed the 990
- Kathryn Eliscar, Bookkeeper
- Phone
- (202) 352-0220
- Website
- prepare-parole.org
Mission
Empower People to Make their Best Case for Parole and Develop and Execute Successful Reentry Plans
Program accomplishments
- support incarcerated individuals with producing a parole packet to present to the Maryland Parole Commission to make their case for paroleExpenses $278,122 · revenue $278,122
- support incarcerated individuals with developing and executing successful reentry plans upon releaseExpenses $151,959 · revenue $151,959
- support returning citizens as they adjust and develop post-releaseExpenses $75,603 · revenue $75,603
- Second Chance For Women one-on-one mentoring at MCIWExpenses $25,321 · revenue $25,321
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 87-3510314
- 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
- 2022
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $315,850
- Income (IRS master file)
- $617,171
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $617,171 | $576,031 | $315,850 | XML |
| 990 | June 2024 | $326,107 | $360,072 | $281,829 | XML |
| 990 | December 2023 | $458,997 | $312,360 | $301,654 | XML |
| 990-N for 2022 Officer: Kathryn Eliscar | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
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 87-3510314).
Questions about PREPARE INC
- What is the EIN of PREPARE INC?
- The employer identification number (EIN) of PREPARE INC is 87-3510314.
- Is PREPARE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to PREPARE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PREPARE INC 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 PREPARE INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PREPARE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PREPARE INC?
- The 990 for the year ended June 30, 2025 names Laura Collins.
- Who are the officers and directors of PREPARE INC?
- The 990 for the year ended June 30, 2025 lists 12 people; 4 received compensation from the organization, the highest $73,946 (Anne Bocchini Pack, Co-founder Director of Advocacy).
- How much revenue does PREPARE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $617,171, expenses of $576,031 and total assets of $315,850 at year end.
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