Prep Institute Inc
- Assets
- $97.1k
- Revenue
- $168.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Pennsauken, NJ
- Founding
- 08/2000
- Data as of
- 06/2017
- EIN
- 52-2240087
Organization Overview
Prep Institute Inc, operating under the name Image And Attitude, is located in Pennsauken, NJ. The organization was established in 2000. According to its NTEE Classification (J21) the organization is classified as: Vocational Counseling, under the broad grouping of Employment and related organizations. As of 06/2017, Image And Attitude employed 2 individuals. Image And Attitude is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2017, Image And Attitude generated $168.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (14.4%) each year. All expenses for the organization totaled $177.8k during the year ending 06/2017. As we would expect to see with falling revenues, expenses have declined by (11.8%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
TO ELEVATE THE IMAGE AND SELF-ESTEEM OF ECONOMICALLY DISADVANTAGED MEN AND WOMEN THROUGH VOCATIONAL SCHOOLING, EMPLOYMENT-SKILL TRAINING, AND PROVIDING PROFESSIONAL BUSINESS ATTIRE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CERTIFIED NURSING AID (CNA) TRAINING
CLOTHING PROGRAM
OCCUPATIONAL AND JOB SKILL TRAINING AND CUSTOMER SERVICE AND RETAIL SKILL TRAINING - CWEP
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tammy Evans Colquitt President | OfficerTrustee | 20 | $30,000 |
Amy Dean Secretary | OfficerTrustee | 0 | $0 |
Jessie Lee Treasurer | OfficerTrustee | 0 | $0 |
Janet Thomas-Jones Member | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,821 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,006 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $168,227 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $43,845 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,589 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,375 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $69,183 |
| Advertising and promotion | $0 |
| Office expenses | $1,248 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $32,002 |
| Travel | $691 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,979 |
| Insurance | $5,763 |
| All other expenses | $0 |
| Total functional expenses | $177,796 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,610 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $77,312 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,200 |
| Total assets | $97,060 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10,762 |
| Total liabilities | $10,762 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $86,298 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Luzerne-Schuykill County Workforce Investment Board Wilkes Barre, PA | $2,407,777 | $10,363,008 |
Upwardly Global New York, NY | $12,593,796 | $11,973,523 |
Bidwell Training Center Inc Pittsburgh, PA | $6,588,435 | $5,774,726 |
Centurion Ministries Princeton, NJ | $2,915,763 | $2,224,148 |
The Work Family Connection Inc Whitehouse Station, NJ | $1,441,097 | $1,781,101 |
Womens Enterprise Development Center Inc North White Plains, NY | $1,478,875 | $1,781,451 |
Aisling Irish Community Center Inc Yonkers, NY | $1,576,769 | $659,648 |
Philadelphia Student Union Philadelphia, PA | $831,973 | $716,468 |
Midnight Run Inc Dobbs Ferry, NY | $410,453 | $348,959 |
Talk Tech Foundation New York, NY | $224,378 | $267,810 |
Equity Project Philadelphia, PA | $195,205 | $122,340 |
Infa Englewood, NJ | $18,080 | $189,385 |