Prisms Inc
- Assets
- $587.3k
- Revenue
- $247.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Sterling, VA
- Founding
- 04/2000
- Data as of
- 12/2019
- EIN
- 54-1652029
Organization Overview
Prisms Inc is located in Sterling, VA. The organization was established in 2000. According to its NTEE Classification (G20) the organization is classified as: Birth Defects & Genetic Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2019, Prisms Inc generated $247.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $172.1k during the year ending 12/2019. While expenses have increased by 5.3% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
PRISMS IS DEDICATED TO PROVIDING INFORMATION AND SUPPORT TO FAMILIES OF PERSONS WITH SMS, SPONSORING RESEARCH AND FOSTERING PARTNERSHIPS WITH PROFESSIONALS TO INCREASE AWARENESS AND UNDERSTANDING OF SMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2019, PRISMS PROVIDED DAILY TELEPHONE SUPPORT, PERIODIC INFORMATIONAL EMAILS/NEWSLETTERS, QUARTERLY WEBINARS, AND INFORMATIONAL PACKETS FOR CAREGIVERS OF PERSONS WITH SMS AND MEDICAL PROFESSIONALS. PRISMS OFFERED FREE MEMBERSHIP FOR ANYONE INTERESTED IN LEARNING MORE ABOUT SMS AND GAINING ACCESS TO ALL OF PRISMS PROGRAMS AND SERVICES. PRISMS CONTINUES TO SELL THE RESOURCES ON THE ROAD TO SUCCESS WITH SMS A GUIDEBOOK FOR SCHOOLS AND A SMITH-MAGENIS GUIDEBOOK, EXPLORING ADULT RESIDENTIAL LIVING TO FAMILIES AND PROFESSIONALS INTERESTED IN LEARNING MORE ON THESE TOPICS.
IN 2019, PRISMS PROMOTED SOCIAL MEDIA AND AWARENESS CAMPAIGNS, INCLUDING PRISMS BIRTHDAY, SMS AWARENESS DAY, AND INVOLVEMENT IN RARE DISEASE DAY CAMPAIGNS. PRISMS RELEASED INFORMATIONAL BROCHURES AND BOOKMARKS TO INCREASE UNDERSTANDING OF THE RARE CONDITION IN COMMUNITIES AROUND THE WORLD. PRISMS GREW THE REGIONAL REPRESENTATIVE PROGRAM, AN OUTREACH PROGRAM COMPRISED OF VOLUNTEER SMS FAMILY MEMBERS AROUND THE WORLD, TO BETTER PROVIDE SUPPORT TO NEWLY DIAGNOSED FAMILIES AND PROFESSIONALS.
IN 2019, PRISMS HOSTED THE 10TH SMITH MAGENIS SYNDROME RESEARCH SYMPOSIUM IN CONJUNCTION WITH THE SMITH MAGENIS SYDROME RESEARCH FOUNDATION. THIS EVENT BROUGHT TOGETHER ALMOST 60 RESEARCHERS AND PROFESSIONALS INTERESTED IN LEARNING MORE ABOUT SMITH MAGENIS SYNDROME AND SHARING RESULTS OF THEIR RESEARCH, WITH 19 TOTAL ABSTRACTS PRESENTED. PRISMS PROVIDED TRAVEL SCHOLARSHIPS FOR 3 EARLY-CAREER SCIENTISTS AND ALL ATTENDEE REGISTRATION WAS FREE TO PROMOTE INTEREST IN SMS RESEARCH. PRISMS CONTINUED FUNDING RESEARCH AT BAYLOR COLLEGE OF MEDICINE AND THE UNIVERSITY OF MICHIGAN. THE GRANT TO BAYLOR PROVIDES ONGOING SUPPORT FOR THE SMITH MAGENIS SYNDROME PATIENT REGISTRY, A COLLABORATION BETWEEN DR. SARAH ELSEA AT BAYLOR AND PRISMS, WHICH AIMS TO COLLECT ONGOING INFORMATION ABOUT INDIVIDUALS WITH SMS THROUGH AN ONLINE QUESTIONNAIRE PLATFORM. THE GRANT TO THE UNIVERSITY OF MICHIGAN PROVIDES SUPPORT FOR A POST-DOCTORAL FELLOW STUDYING THE FUNCTION OF THE GENE AFFECTED IN SMS, RAI1.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Casey Gorman Executive Director | Officer | 40 | $31,154 |
Margaret Miller Vice President | OfficerTrustee | 5 | $0 |
John Mayer Immediate Past-President | OfficerTrustee | 5 | $0 |
Phil Ruedi Treasurer | OfficerTrustee | 5 | $0 |
Tina Mcgrevy Secretary | OfficerTrustee | 5 | $0 |
Brandon Daniel President | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $1,624 |
| Membership dues | $0 |
| Fundraising events | $36,214 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $182,363 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $220,201 |
| Total Program Service Revenue | $0 |
| Investment income | $13,090 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $11,102 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,064 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $247,457 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
| 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. | $31,155 |
| Compensation of current officers, directors, key employees. | $6,231 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $279 |
| Payroll taxes | $3,411 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,002 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $8,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $31,697 |
| Advertising and promotion | $0 |
| Office expenses | $5,685 |
| Information technology | $6,146 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $40,828 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,691 |
| All other expenses | $4,469 |
| Total functional expenses | $172,072 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $131,831 |
| Savings and temporary cash investments | $429,273 |
| Pledges and grants receivable | $2,099 |
| 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 | $3,580 |
| Prepaid expenses and deferred charges | $7,785 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,765 |
| Total assets | $587,333 |
| Accounts payable and accrued expenses | $3,088 |
| Grants payable | $67,500 |
| 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 | $0 |
| Total liabilities | $70,588 |
| Net assets without donor restrictions | $501,074 |
| Net assets with donor restrictions | $15,671 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $587,333 |
Grants Awarded
Over the last fiscal year, Prisms Inc has awarded $160,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Ann Arbor, MI PURPOSE: SMS related research | $150,000 |
Houston, TX PURPOSE: genetic counselor compensation | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Prisms Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
The Bost Foundation Cornelius, NC PURPOSE: OPERATIONS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
March Of Dimes Inc Arlington, VA | $74,954,887 | $100,854,404 |
Easter Seals Serving Dc-Md-Va Inc Silver Spring, MD | $37,760,577 | $20,667,344 |
Fort Sanders Perinatal Center Knoxville, TN | $7,873,675 | $17,524,043 |
Piedmont Health Services And Sickle Cell Agency Greensboro, NC | $3,578,458 | $13,995,834 |
Miraclefeet Chapel Hill, NC | $11,055,967 | $8,500,849 |
Eblen Charities Asheville, NC | $6,143,134 | $4,853,453 |
Sickle Cell Disease Association Of America Inc Hanover, MD | $1,399,367 | $4,314,746 |
1000 Days Washington, DC | $2,181,972 | $925,218 |
Genetic Alliance Inc Damascus, MD | $1,206,679 | $2,347,291 |
National Mps Society Inc Durham, NC | $5,077,461 | $2,740,255 |
United Cerebral Palsy Of Washington Dc And Northern Virginia Inc Washington, DC | $480,665 | $1,251,954 |
Organization Of Teratology Information Specialists Nfp Brentwood, TN | $818,658 | $1,460,703 |