THE PROMPT INSTITUTE

EIN: 850484264 501(c)(3) Health Care

SANTA FE, NM

Total Revenue
$2,732,471
Total Expenses
$3,437,032
Total Assets
$1,196,981
Net Assets
$639,984
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
NM
Principal Officer
LISA M GURULE
Phone
5054667710
Tax Period
2024-01-01 to 2024-12-31

THE PROMPT INSTITUTE, founded in 2001, is a community nonprofit in the Health Care sector that reported $2.7M in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $3.4M exceeded revenue, resulting in a 26% operating deficit.

Mission

TO TRAIN AND CERTIFY SPEECH AND LANGUAGE PATHOLOGISTS IN THE PROMPT TECHNIQUE.

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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 $126
Program Service Revenue $2,666,260
Investment Income $14,425
Other Revenue $51,660
TOTAL REVENUE $2,732,471

Expense Breakdown

Grants Paid $44,000
Salaries & Benefits $1,058,104
Fundraising Expenses $0
Program Expenses $2,068,184
Other Expenses $2,334,928
TOTAL EXPENSES $3,437,032

Year-over-Year Comparison

2024 2023 Change
Revenue $2,732,471 $3,347,822 -0.2%
Expenses $3,437,032 $3,294,233 +0.0%
Net Income $-704,561 $53,589 -14.1%
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
6
Employees
16
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
5
$94,243
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARBARA WALLACE PRESIDENT 1.00
Officer Director
$0 $0 $0
NATASCHA CRANDALL SECRETARY 1.00
Officer Director
$0 $0 $0
MARK RIEK TREASURER 1.00
Officer Director
$0 $0 $0
LAURA STEELE MEMBER 1.00
Director
$0 $0 $0
ELLEN JEFFERY VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JOE HERMAN MEMBER 1.00
Director
$0 $0 $0
GUY LISELLA EXECUTIVE DIRECTOR 24.00
Officer
$94,243 $0 $94,243
AMY CLARK DIRECTOR OF CLINICAL EDUCT 32.00
Highest
$170,833 $11,275 $182,108
DEBORAH HAYDEN RESEARCH DIRECTOR 16.00
Highest
$124,738 $0 $124,738
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
2024 $2,732,471 $3,437,032 $1,196,981 $-704,561
2023 $3,347,822 $3,294,233 $1,606,467 $53,589
2022 $2,991,753 $2,693,748 $1,604,131 $298,005
2021 $2,586,464 $2,187,890 $1,117,438 $398,574
2020 $1,689,270 $2,224,378 $812,514 $-535,108
2019 $3,145,415 $3,163,016 $1,506,564 $-17,601
2018 $2,796,494 $2,624,668 $1,544,309 $171,826
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