Nonprofit · EIN 87-4737247
PRISM WAY
Tax-exempt · SANTA MONICA, CA 90401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,244,155 | $1,246,285 | -$2,130 | $345,319 | $22,588 | $322,731 |
| December 31, 2023 | 990 | $930,658 | $640,627 | $290,031 | $374,861 | $50,000 | $324,861 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $567,302
- Program service revenue
- $675,082
- Investment income
- $1,771
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $210,000
- Other salaries and wages
- $553,407
- Salaries, compensation and benefits (total)
- $881,048
- Professional fundraising fees
- $0
- Accounting fees
- $9,027
- Occupancy
- $276,022
- Travel
- $8,945
- Depreciation
- $18,239
- Program services (functional)
- $847,874
- Management and general (functional)
- $398,411
Balance sheet and other
- Total assets, start of year
- $374,861
- Total assets, end of year
- $345,319
- Total liabilities, end of year
- $22,588
- Net assets, end of year
- $322,731
- Land, buildings and equipment
- $230,946
- Gross receipts
- $1,244,155
- Employees
- 14
- Volunteers
- 4
- Year formed
- 2022
- State of legal domicile
- CA
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CINDY SHORTT | SECRETARY Trustee or director, Officer | 50 | $105,000 | $5,265 |
| ALLEN BURNETT | TREASURER/EXECUTIVE DIRECT Trustee or director, Officer | 50 | $105,000 | $5,052 |
| KRISTIN WORTHE | BOARD CHAIR Trustee or director, Officer | 30 | $0 | $0 |
| PAUL GONZALES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID KANUTH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BIDHAN ROY | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CINDY SHORTT | SECRETARY Trustee or director, Officer | 50 | $90,800 |
| ALLEN BURNETT | TREASURER/EXECUTIVE DIRECT Trustee or director, Officer | 50 | $73,602 |
| KRISTIN WORTHE | BOARD CHAIR Trustee or director, Officer | 30 | $0 |
| PAUL GONZALES | DIRECTOR Trustee or director | 1 | $0 |
| DAVID KANUTH | DIRECTOR Trustee or director | 1 | $0 |
| BIDHAN ROY | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 100 WILSHIRE BLVD STE 1600, SANTA MONICA, CA 90401-1115
- Principal officer (990 for 2024)
- KRISTIN WORTHE, 100 WILSHIRE BLVD 2100, SANTA MONICA, CA 90401
- Signed the 990
- KRISTIN WORTHE, BOARD CHAIR
- Phone
- (310) 393-9653
- Website
- HTTPS://THEPRISMWAY.ORG
- Return prepared by
- ARMANINO ADVISORY LLC
California records
California keeps its own records of charities and corporations. Search them by EIN 87-4737247 or by the name PRISM WAY.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
TO PROVIDE AUTHENTIC HEALING AND SUPPORT FOR MEN AND WOMEN WHO HAVE EXPERIENCED THE TRAUMA OF INCARCERATION, HELPING THEM TO RECLAIM THEIR DIGNITY AND SELF-WORTH WHILE REPAIRING FAMILIES AND RESTORING COMMUNITIES.
Program accomplishments
- THE PRISM WAY DEVELOPED A MODEL OF CARE FOR JUSTICE-IMPACTED INDIVIDUALS BY DEVELOPING PROGRAMS FOR INDIVIDUALS WHO ARE OR HAVE BEEN INCARCERATED. THE PROGRAMMING WILL OFFER MENTAL HEALTH SERVICES, WELLNESS AND NUTRITIONAL CARE, INDIVIDUALIZED CASE MANAGEMENT, EDUCATIONAL AND VOCATIONAL TRAINING, EMPLOYMENT GUIDANCE AND DEVELOPMENT, AGRICULTURAL PRODUCTION AND COMMUNITY GARDEN, COMMUNITY BUILDING PRACTICES, RESTORATIVE JUSTICE CIRCLES, AND ARTS AND CULTURAL EVENTS AND OPPORTUNITIES.Expenses $847,874 · revenue $675,082
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 87-4737247
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $345,319
- Income (IRS master file)
- $1,244,155
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,244,155 | $1,246,285 | $345,319 | IRS |
| 990 | December 2023 | $930,658 | $640,627 | $374,861 | XML |
| 990 | December 2022 | $209,712 | $174,882 | $34,830 | 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 87-4737247).
Questions about PRISM WAY
- What is the EIN of PRISM WAY?
- The employer identification number (EIN) of PRISM WAY is 87-4737247.
- Is PRISM WAY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to PRISM WAY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PRISM WAY 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 PRISM WAY 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 PRISM WAY 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 PRISM WAY?
- The 990 for the year ended December 31, 2024 names KRISTIN WORTHE.
- Who are the officers and directors of PRISM WAY?
- The 990 for the year ended December 31, 2024 lists 6 people; 2 received compensation from the organization, the highest $105,000 (CINDY SHORTT, SECRETARY).
- How much revenue does PRISM WAY have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,244,155, expenses of $1,246,285 and total assets of $345,319 at year end.
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