PRIZM PROJECTS INC (EIN 474487372) - 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

2015

Legal Domicile

Phone

9545598623

Tax Period

2022-01-01 to 2022-12-31

PRIZM PROJECTS INC, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $191K in total revenue in fiscal year 2022. Revenue surged 62% from the prior year, signaling strong growth momentum. Expenses of $164K left a modest 14% surplus.

Mission

TO SERVE AS AN INCUBATOR FOR PARTNERING ARTISTS AND DESIGNERS FROM THE GLOBAL AFRICAN DIASPORA

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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 (2022)

Revenue Breakdown

Contributions & Grants $215,088

Program Service Revenue $0

Investment Income $-24,493

Other Revenue $0

TOTAL REVENUE $190,595

Expense Breakdown

Grants Paid $0

Salaries & Benefits $985

Fundraising Expenses $0

Program Expenses $109,718

Other Expenses $162,749

TOTAL EXPENSES $163,734

Year-over-Year Comparison

	2022	2021	Change
Revenue	$190,595	$117,546	+0.6%
Expenses	$163,734	$132,288	+0.2%
Net Income	$26,861	$-14,742	-2.8%

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

N/A

Employees

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

$2,500

Total Directors

$2,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKHAILE SOLOMON	PRESIDENT	40.00	Officer Director	$2,500	$0	$2,500

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
2022	$190,595	$163,734	$380,099	$26,861
2021	$117,546	$132,288	$318,816	$-14,742
2020	$225,197	$183,044	$196,583	$42,153
2019	$151,236	$174,083	$435	$-22,847
2018	$336,472	$289,058	$23,282	$47,414

PRIZM PROJECTS INC