Prisms Inc
- Assets
- $858.2k
- Revenue
- $266.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Sterling, VA
- Founding
- 04/2000
- Data as of
- 12/2021
- 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. Prisms Inc 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 12/2021, Prisms Inc generated $266.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $244.3k during the year ending 12/2021. While expenses have increased by 9.1% per year over the past 7 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
2021
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 2021, PRISMS PROVIDED DAILY TELEPHONE SUPPORT, PERIODIC INFORMATIONAL EMAILS/NEWSLETTERS, 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 TO FAMILIES AND PROFESSIONALS INTERESTED IN LEARNING MORE ON THESE TOPICS. ADDITIONAL RESOURSES SUCH AS A SMITH-MAGENIS GUIDEBOOK, EXPLORING ADULT RESIDENTIAL LIVING ARE AVAILABLE ON THE PRISMS WEBSITE FREE OF CHARGE.
IN 2021, 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 2021, PRISMS HELD ITS FIRST EVER VIRTUAL SUMMIT. THIS SUMMIT AIMED TO PROVIDE EDUCATIONAL CONTENT AND A CHANCE FOR SMS COMMUNITY TO CONNECT WITH PROFESSIONALS WITH RELEVANT EXPERIENCE IN SMS. ATTENDEES FROM ALL OVER THE WORLD WERE GIVEN THE OPPORTUNITY TO LISTEN AND PARTICIPATE IN 22 LIVE AND PRE-RECORDED SESSIONS OFFERED BY EXPERT SPEAKERS, AS WELL AS VIRTUALLY CONNECT WITH PANELISTS AND WITH EACH OTHER. IN 2021, PRISMS CONTINUED FUNDING RESEARCH INTO SMITH-MAGENIS SYNDROME AT BAYLOR COLLEGE OF MEDICINE. THE GRANT TO BAYLOR PROVIDES ONGOING SUPPORT FOR THE SMITH-MAGENIS SYNDROME PATIENT REGISTRY, A COLLABORATION BETWEEN DR. SARAH ELSEA AND PRISMS, WHICH AIMS TO COLLECT ONGOING INFORMATION ABOUT INDIVIDUALS WITH SMS THROUGH AN ONLINE QUESTIONNAIRE PLATFORM. ADDITIONAL FUNDING WAS PROVIDED IN 2021 TO SUPPORT A SUMMER SCHOLAR, A CLINIC PSYCHOLOGY DOCTORAL STUDENT AT ST. LOUIS UNIVERSITY WHO WORKED TO DEVELOP AN INTERVENTION TO PROVIDE MENTORING SUPPORT TO SIBLINGS OF INDIVIDUALS WITH SMITH-MAGENIS SYNDROME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Casey Gorman Executive Director | Officer | 40 | $85,481 |
Brandon Daniel President | OfficerTrustee | 5 | $0 |
Tina Mcgrevy Secretary | OfficerTrustee | 5 | $0 |
Percy Huston Treasurer | OfficerTrustee | 5 | $0 |
Margaret Miller Vice President | OfficerTrustee | 5 | $0 |
Sarah Elsea PHD Board Member | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $54,550 |
| Related organizations | $0 |
| Government grants | $17,250 |
| All other contributions, gifts, grants, and similar amounts not included above | $176,868 |
| Noncash contributions included in lines 1a–1f | $8,711 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $248,668 |
| Total Program Service Revenue | $6,300 |
| Investment income | $10,904 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$2,327 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,440 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $265,985 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $39,000 |
| 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. | $82,500 |
| Compensation of current officers, directors, key employees. | $16,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $29 |
| Payroll taxes | $7,418 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,618 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,356 |
| Advertising and promotion | $0 |
| Office expenses | $1,308 |
| Information technology | $2,375 |
| 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 | $27,457 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,404 |
| All other expenses | $12,096 |
| Total functional expenses | $244,302 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $334,852 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $8,263 |
| Accounts receivable, net | $3,016 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,727 |
| Prepaid expenses and deferred charges | $13,553 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $477,462 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,340 |
| Total assets | $858,213 |
| Accounts payable and accrued expenses | $9,788 |
| Grants payable | $18,500 |
| 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 | $28,288 |
| Net assets without donor restrictions | $802,589 |
| Net assets with donor restrictions | $27,336 |
| 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 | $858,213 |
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 |
|---|---|---|
Easter Seals Serving Dc-Md-Va Inc Silver Spring, MD | $42,107,242 | $30,421,263 |
Fort Sanders Perinatal Center Knoxville, TN | $10,128,344 | $20,892,841 |
Miraclefeet Chapel Hill, NC | $12,328,302 | $10,529,803 |
Eblen Charities Asheville, NC | $6,639,984 | $4,191,430 |
Piedmont Health Services And Sickle Cell Agency Greensboro, NC | $3,574,921 | $4,076,168 |
Sickle Cell Disease Association Of America Inc Hanover, MD | $2,467,677 | $3,493,721 |
Genetic Alliance Inc Damascus, MD | $1,204,403 | $2,331,033 |
1000 Days Washington, DC | $67,078 | $328,745 |
National Mps Society Inc Durham, NC | $5,360,039 | $1,902,823 |
Organization Of Teratology Information Specialists Nfp Brentwood, TN | $1,314,372 | $1,595,383 |
American Board Of Medical Genetics And Genomics Inc Rockville, MD | $2,818,271 | $1,268,506 |
Stxbp1 Foundation Holly Springs, NC | $507,143 | $587,683 |