PREPARE INC (EIN 873510314) - 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

2021

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

PREPARE INC, founded in 2021, is a small nonprofit in the Human Services sector that reported $459K in total revenue in fiscal year 2023. The organization ran a surplus of $147K, a strong 32% operating margin.

Mission

Empower People to Make their Best Case for Parole and Develop and Execute Successful Reentry Plans

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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 (2023)

Revenue Breakdown

Contributions & Grants $457,366

Program Service Revenue $0

Investment Income $0

Other Revenue $1,631

TOTAL REVENUE $458,997

Expense Breakdown

Grants Paid $0

Salaries & Benefits $206,072

Fundraising Expenses $8,853

Program Expenses $264,603

Other Expenses $106,288

TOTAL EXPENSES $312,360

Year-over-Year Comparison

	2023	2022	Change
Revenue	$458,997	N/A	N/A
Expenses	$312,360	N/A	N/A
Net Income	$146,637	N/A	N/A

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

Employees

Volunteers

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

$36,162

Total Directors

$47,923

Key Employees

$64,824

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jacqueline Ahn	Co-founder Director of Parole	35.00	Officer Director	$28,587	$0	$28,587
Maryjoel Davis	Founder Director of Second Chance	20.00	Director	$19,336	$0	$19,336
Christopher Reynolds	President of the Board of Directors	2.00	Officer Director	$0	$0	$0
Deidra Bryant	Vice President of the Board of Dire	2.00	Officer Director	$0	$0	$0
Rhonda Hall	Member of the Board of Directors	1.00	Director	$0	$0	$0
Hillary Galloway Davis	Member of the Board of Directors	1.00	Director	$0	$0	$0
Mary Denise Davis	Member of the Board of Directors	1.00	Director	$0	$0	$0
Charli Cleland	Member of the Board of Directors	1.00	Director	$0	$0	$0
Laura Collins	Member of the Board of Directors	1.00	Director	$0	$0	$0
Anita Weist	Member of the Board of Directors	1.00	Director	$0	$0	$0
Judith Lichtenberg	Member of the Board of Directors	1.00	Director	$0	$0	$0
Kathryn Eliscar	Bookkeeper Treasurer to the Board	8.00	Officer	$7,575	$0	$7,575
Anne Bocchini Kirsch	Co-founder Director of Advocacy	60.00	Key Emp	$64,824	$0	$64,824
Elizabeth Finne	Co-founder Director of Developmen	25.00	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	No data	No data	No data	No data
2023	$458,997	$312,360	$301,654	$146,637

PREPARE INC