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 Vulnerability Assessment (Tuckman-Chang)

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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.

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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 $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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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
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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