PRESTIGE INSTITUTE INC

EIN: 823224098 501(c)(3) Education

BELLAIRE, TX

Total Revenue
$1,205,265
Total Expenses
$1,127,027
Total Assets
$543,906
Net Assets
$527,016
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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
TX
Principal Officer
MICHAEL OBRINGER
Phone
7139698906
Tax Period
2024-07-01 to 2025-06-30

PRESTIGE INSTITUTE INC, founded in 2017, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $1.1M left a modest 6% surplus.

Mission

PLI EXISTS TO GLORIFY GOD BY EDUCATING, EQUIPPING, AND MINISTERING TO IMMIGRANT AND REFUGEE FAMILIES, EMPOWERING THEM TO THRIVE IN THE U.S.

Program Service Accomplishments

Program 1
Expenses: $467,676 Revenue: $2,585

CHILDREN'S PROGRAMS-PLI SHARED GOD'S LOVE WITH 263 CHILDREN THIS YEAR, ENCOURAGING BOTH PHYSICAL AND ACADEMIC DEVELOPMENT USING CURRICULUM EMBEDDED WITH BIBLICAL TRUTH. PLI PROVIDED TRAUMA-INFORMED...

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CHILDREN'S PROGRAMS-PLI SHARED GOD'S LOVE WITH 263 CHILDREN THIS YEAR, ENCOURAGING BOTH PHYSICAL AND ACADEMIC DEVELOPMENT USING CURRICULUM EMBEDDED WITH BIBLICAL TRUTH. PLI PROVIDED TRAUMA-INFORMED CARE, SUPPORTING ENTRY INTO THE U.S. SCHOOL SYSTEM.74% OF THE CHILDREN IN THE PROGRAM MET OR EXCEEDED END-OF-YEAR DEVELOPMENTAL MILESTONES. PLI HOSTED 101 CHILDREN FOR A WEEK-LONG SUMMER ENGLISH CAMP AND PROVIDED MENTORING THROUGHOUT THE ACADEMIC YEAR FOR 24 ELEMENTARY AGED STUDENTS. 23 TEEN GIRLS ATTENDED THE TEEN GIRLS GROUP, 14 OF WHOM WERE NEW THIS YEAR, WHERE THEY PARTICIPATED IN GROUP DISCUSSIONS ON GODLY WOMANHOOD.

Program 2
Expenses: $459,393 Revenue: $25,190

ADULT PROGRAMS - PLI SUPPORTS BOTH WOMEN AND MEN TO THRIVE IN THE U.S. 270 CLIENTS PARTICIPATED IN THE MEN'S AND WOMEN'S ESL CLASSES DURING THE ACADEMIC YEAR, OF WHICH 86% ADVANCED TO A HIGHER LEVEL...

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ADULT PROGRAMS - PLI SUPPORTS BOTH WOMEN AND MEN TO THRIVE IN THE U.S. 270 CLIENTS PARTICIPATED IN THE MEN'S AND WOMEN'S ESL CLASSES DURING THE ACADEMIC YEAR, OF WHICH 86% ADVANCED TO A HIGHER LEVEL. ADDITIONALLY, 22 WOMEN COMPLETED AN INTRODUCTORY DIGITAL LITERACY COURSE, AND 35 WOMEN COMPLETED A CITIZENSHIP COURSE. IN TOTAL, THE ESL PROGRAM SERVED 285 INDIVIDUALS. VOLUNTEERS INVESTED IN RELATIONSHIP BUILDING WITH 37 WOMEN IN THEIR HOMES AND BUILT RELATIONSHIPS WITH 76 IMMIGRANT AND REFUGEE MEN THROUGH WEEKLY COMMUNITY NIGHTS AND SPECIAL EVENTS. 31% OF MEN RETURNED AFTER THEIR FIRST VISIT. IN TOTAL 572 CLIENTS PARTICIPATED IN ON-GOING PROGRAMS; 614 CLIENTS ATTENDED A COMMUNITY EVENT. COMBINED UNDUPLICATED NUMBER SERVED WAS 987.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,145,188
Program Service Revenue $27,775
Investment Income $5,037
Other Revenue $27,265
TOTAL REVENUE $1,205,265

Expense Breakdown

Grants Paid $0
Salaries & Benefits $599,892
Fundraising Expenses $144,867
Program Expenses $927,069
Other Expenses $494,635
TOTAL EXPENSES $1,127,027

Year-over-Year Comparison

2024 2023 Change
Revenue $1,205,265 $1,066,018 +0.1%
Expenses $1,127,027 $1,158,088 0.0%
Net Income $78,238 $-92,070 -1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
8
Employees
41
Volunteers
132

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
5
$19,531
Total Directors
9
$19,531
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHARON OGDEN PRESIDENT 5.00
Officer Director
$0 $0 $0
GLORY KAMAT VICE PRESIDE 5.00
Officer Director
$0 $0 $0
TODD RICHARDS TREASURER 5.00
Officer Director
$0 $0 $0
BLAKE JENKINS SECRETARY 5.00
Officer Director
$0 $0 $0
LAURA WILCOX DIRECTOR 5.00
Director
$0 $0 $0
ALISON HAVER DIRECTOR 5.00
Director
$0 $0 $0
SUZANNE TOMLINSON DIRECTOR 5.00
Director
$0 $0 $0
HUGH SMITH DIRECTOR 5.00
Director
$0 $0 $0
MICHAEL OBRINGER EXECUTIVE DI 40.00
Officer Director
$19,531 $0 $19,531
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
2025 $1,205,265 $1,127,027 $543,906 $78,238
2024 $1,066,018 $1,158,088 $467,350 $-92,070
2023 $1,067,717 $924,069 $570,058 $143,648
2022 $712,586 $545,651 $401,634 $166,935
2021 $346,794 $377,335 $237,185 $-30,541
2020 $362,427 $280,273 $267,029 $82,154
2019 $301,915 $219,007 $181,197 $82,908
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