PRAMA INSTITUTE

EIN: 223950888 501(c)(3) Health Care

Marshall, NC

Total Revenue
$351,574
Total Expenses
$347,794
Total Assets
$323,336
Net Assets
$216,727
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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
2006
Legal Domicile
NC
Principal Officer
HOWARD NEMON
Phone
8286499408
Tax Period
2024-01-01 to 2024-12-31

PRAMA INSTITUTE, founded in 2006, is a small nonprofit in the Health Care sector that reported $352K in total revenue in fiscal year 2024.

Mission

THE MISSION OF THE PRAMA INSTITUTE IS TO ENGAGE IN EDUCATIONAL ACTIVITIES AND SOCIAL ACTIONS TO LIBERATE THE INTELLECT AND FURTHER INDIVIDUAL AND COLLECTIVE WELFARE THROUGH EDUCATIONAL PROGRAMS-SEE PART III LN 1.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $24,784
Program Service Revenue $326,368
Investment Income $27
Other Revenue $395
TOTAL REVENUE $351,574

Expense Breakdown

Grants Paid $6,732
Salaries & Benefits $198,042
Fundraising Expenses $0
Program Expenses $347,794
Other Expenses $143,020
TOTAL EXPENSES $347,794

Year-over-Year Comparison

2024 2023 Change
Revenue $351,574 $356,057 0.0%
Expenses $347,794 $352,266 0.0%
Net Income $3,780 $3,791 0.0%
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

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Governance

Voting Members
6
Independent Members
4
Employees
14
Volunteers
N/A

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
3
$95,448
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROAR BJONNES TREASURER 040.00
Officer Highest
$49,281 $0 $49,281
HOWARD NEMON SECRETARY 040.00
Officer
$46,167 $0 $46,167
DONALD MOORE DIRECTOR 000.10
Director
$0 $0 $0
LINDA BAKER DIRECTOR 000.10
Director
$0 $0 $0
RUTH LI DIRECTOR 000.10
Director
$0 $0 $0
SID JORDAN PRESIDENT 010.00
Officer
$0 $0 $0
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 $351,574 $347,794 $323,336 $3,780
2023 $356,057 $352,266 $337,541 $3,791
2022 $252,503 $295,139 $331,493 $-42,636
2021 $227,392 $235,045 $369,185 $-7,653
2020 $177,189 $157,903 $458,391 $19,286
2019 $271,523 $273,071 $346,630 $-1,548
2018 $250,402 $276,485 $348,219 $-26,083
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