PRISON ENTREPRENEURSHIP PROGRAM INC (EIN 201384253) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

CHIP SKOWRON

Phone

2817792116

Tax Period

2024-01-01 to 2024-12-31

PRISON ENTREPRENEURSHIP PROGRAM INC, founded in 2004, is a community nonprofit in the Human Services sector that reported $5.4M in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $994K, a strong 18% operating margin.

Mission

TO UNITE EXECUTIVES AND INMATES THROUGH ENTREPRENEURIAL PASSION AND SERVANT LEADERSHIP TO TRANSFORM LIVES, RESTORE FAMILIES AND REBUILD COMMUNITIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,078,658

Program Service Revenue $196,261

Investment Income $140,141

Other Revenue $26,746

TOTAL REVENUE $5,441,806

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,537,818

Fundraising Expenses $352,340

Program Expenses $3,829,406

Other Expenses $1,909,488

TOTAL EXPENSES $4,447,306

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,441,806	$3,803,941	+0.4%
Expenses	$4,447,306	$4,066,737	+0.1%
Net Income	$994,500	$-262,796	-4.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

1125

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$535,399

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICK GOTCHER	CHAIRMAN	5.00	Director	$0	$0	$0
ROBERT BARKLEY	BOARD MEMBER	5.00	Director	$0	$0	$0
LISA BARKSDALE	BOARD MEMBER	5.00	Director	$0	$0	$0
OLIVER BELL	BOARD MEMBER	5.00	Director	$0	$0	$0
CHARLES BLAIN	BOARD MEMBER	5.00	Director	$0	$0	$0
DOUGAL CAMERON	BOARD MEMBER	5.00	Director	$0	$0	$0
TRAVIS CHULICK	BOARD MEMBER	5.00	Director	$0	$0	$0
MIKE COFFEY	BOARD MEMBER	5.00	Director	$0	$0	$0
JAVIER CREIXELL	BOARD MEMBER	5.00	Director	$0	$0	$0
STEVE HEUSSNER	BOARD MEMBER	5.00	Director	$0	$0	$0
MICHAEL HUMPHREY	BOARD MEMBER	5.00	Director	$0	$0	$0
CHARLES MACK NEFF	BOARD MEMBER	5.00	Director	$0	$0	$0
STEVE ROHR	BOARD MEMBER	5.00	Director	$0	$0	$0
ALLISON SCHLENDER	BOARD MEMBER	5.00	Director	$0	$0	$0
CHIP SKOWRON	CEO	39.00	Officer	$162,019	$12,391	$174,410
PHI TRAN	COO	39.00	Officer	$143,929	$15,182	$159,111
COURTNEY DYKSTRA	CONTROLLER	39.00	Officer	$68,075	$7,103	$75,178
TIM HAMILTON	CFO	39.00	Officer	$114,387	$12,313	$126,700
BRYAN ROBERT	EXECUTIVE DIRECTOR - ENTRE	39.00	Highest	$131,250	$9,944	$141,194

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$5,441,806	$4,447,306	$7,939,433	$994,500
2023	$3,803,941	$4,066,737	$6,700,097	$-262,796
2022	$4,174,428	$3,101,855	$7,182,975	$1,072,573
2021	$3,536,172	$2,536,182	$6,052,701	$999,990
2020	$3,264,329	$2,528,509	$4,422,665	$735,820
2019	$2,623,191	$2,900,107	$3,379,167	$-276,916
2018	$2,703,861	$2,894,000	$3,462,561	$-190,139

PRISON ENTREPRENEURSHIP PROGRAM INC