PRION ALLIANCE INC

EIN: 460732060 501(c)(3) Diseases & Disorders

CAMBRIDGE, MA

Total Revenue
$645,259
Total Expenses
$470,956
Total Assets
$693,106
Net Assets
$683,677
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
MA
Principal Officer
ERIC MINIKEL
Phone
6177147000
Tax Period
2023-01-01 to 2023-12-31

PRION ALLIANCE INC, founded in 2012, is a small nonprofit in the Diseases & Disorders sector that reported $645K in total revenue in fiscal year 2023. Revenue surged 163% from the prior year, signaling strong growth momentum. The organization ran a surplus of $174K, a strong 27% operating margin.

Mission

PRION ALLIANCE, INC. AIMS TO CATALYZE THE DEVELOPMENT OF A TREATMENT OR CURE FOR HUMAN PRION DISEASES BY FUNDING, ORGANIZING AND PROMOTING SCIENTIFIC RESEARCH. OUR ORGANIZATION SUPPORTS RESEARCH DIRECTED AT UNDERSTANDING PRION DISEASE BIOLOGY, DISCOVERING AND TESTING THERAPEUTICS, AND DEVELOPING NOVEL LAB AND COMPUTATIONAL METHODOLOGIES NEEDED FOR FURTHERING THIS RESEARCH. OUR OPERATIONAL MODEL IS TO RAISE FUNDS AND DISBURSE THESE TO THE MOST WORTHY SCIENTIFIC PROJECTS, WITH A VIEW TO THE PROJECTS' RELEVANCE TO OUR ULTIMATE GOAL OF A TREATMENT OR CURE, AS WELL AS TO THE PROJECTS' ABILITY TO LEVERAGE PRION ALLIANCE, INC SEED FUNDING IN ORDER TO PURSUE OUTSIDE FUNDING SOURCES FOR CONTINUED RESEARCH. WE ALSO STRIVE TO BRING TOGETHER TOP SCIENTIFIC MINDS TO SHARE DATA, METHODOLOGY, AND FINDINGS IN A SPIRIT OF OPENNESS AND COLLABORATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $645,259
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $645,259

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $464,387
Other Expenses $470,956
TOTAL EXPENSES $470,956

Year-over-Year Comparison

2023 2022 Change
Revenue $645,259 $245,129 +1.6%
Expenses $470,956 $424,229 +0.1%
Net Income $174,303 $-179,100 -2.0%
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
3
Independent Members
3
Employees
N/A
Volunteers
3

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
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SONIA VALLABH PRESIDENT 8.00
Officer Director
$0 $0 $0
GRETA BEEKHUIS CO-DIRECTOR 2.00
Officer Director
$0 $0 $0
ERIC MINIKEL TREASURER 8.00
Officer Director
$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 No data No data No data No data
2023 $645,259 $470,956 $693,106 $174,303
2022 $245,129 $424,229 $412,041 $-179,100
2021 $535,617 $194,170 $591,141 $341,447
2020 $190,882 $121,980 $249,694 $68,902
2019 $280,158 $277,118 $180,792 $3,040
2018 $247,110 $143,972 $177,751 $103,138
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