Prismxl Services Inc

EIN: 871906735 501(c)(3) Human Services

Denver, CO

Total Revenue
$212,533
Total Expenses
$332,166
Total Assets
$124,042
Net Assets
N/A
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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
2021
Legal Domicile
CO
Tax Period
2024-01-01 to 2024-12-31

Prismxl Services Inc, founded in 2021, is a small nonprofit in the Human Services sector that reported $213K in total revenue in fiscal year 2024. Revenue fell 76% from the prior year — a significant decline worth monitoring. Expenses of $332K exceeded revenue, resulting in a 56% operating deficit.

Mission

TO ASSIST PARTICIPANTS GAIN SKILLS EDUCATION TRAINING AND EXPERIENCE THAT LEAD TO EMPLOYMENT OPPORTUNITIES AND GREATER ECONOMIC SELF-SUFFICIENCY

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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 $198,348
Program Service Revenue $0
Investment Income $14,185
Other Revenue $0
TOTAL REVENUE $212,533

Expense Breakdown

Grants Paid $61,655
Salaries & Benefits $153,627
Fundraising Expenses $5,460
Program Expenses $200,404
Other Expenses $114,659
TOTAL EXPENSES $332,166

Year-over-Year Comparison

2024 2023 Change
Revenue $212,533 $868,988 -0.8%
Expenses $332,166 $814,345 -0.6%
Net Income $-119,633 $54,643 -3.2%
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
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
1
$0
Total Directors
0
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Petrak Executive Director 40.00
Officer
$0 $0 $0
Stewart Hinds Director of Operations 40.00
Key Emp
$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 $212,533 $332,166 $124,042 $-119,633
2023 $868,988 $814,345 $263,315 $54,643
2022 $866,407 $688,946 $221,726 $177,461
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