Prisme Forum FY2023 filing

Not tax-deductible

Cleveland Hts, OH501(c)(6)Community DevelopmentEIN 45-3991732

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Establish and maintain a network among the members; educate members regarding best practices in research & development information technology in the bio-tech, pharma and other industries; promote the development and use of open standards; create opportunities for open dialogue between members and suppliers of information technologies products; alert members to new and emerging information technologies and products.

Mission: Form 990 Part I, line 1

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average deficit $40K a year · 18% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Cash reserves
42 mo
of spending, in cash
Looks good: 41.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
54
of 54 voting members
Looks good: 54 of 54 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$211K
-22% vs prior year
Spent
$176K
Net assets
$613K
By yearFY2021–FY2025
Revenue
$211K
FY2023▼ -22%
Revenue by fiscal year
FY2021$269K
FY2023$211K
FY2024$181K
FY2025$215K
Expenses
$176K
FY2023▲ +21%
Expenses by fiscal year
FY2021$145K
FY2023$176K
FY2024$298K
FY2025$416K
Net assets
$613K
FY2023▲ +14%
Net assets by fiscal year
FY2021$538K
FY2023$613K
FY2024$496K
FY2025$295K

From the FY2023 Form 990 (year ending June 2023) · see the original

You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2012.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

2 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Chairperson
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A

Errol Sandler’s $10K as Secretary/Tr is at the 6th percentile of top reported officer pay among 1709 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Prisme Forum executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Connects industry professionals, shares best practices, and promotes open technology standards.

Provided by the organization

This section is blank until Prisme Forum claims this page.

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2 program services, described in the organization's own filed words · FY2022.
01

Semi-annual meetings of the members are held to facilitate the mission of the organization, providing the means for open communication.

Pt IX · col B
02

A survey was conducted of the pre-competitive collaborations in pharma research & development focused on information technology.

Pt IX · col B

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By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$211K
Ln 12
Gifts and grantsLn 1h$211K
Money outPt IX
$176K
Ln 25
Owns and owesPt X
$613K
net assets · Ln 32
Cash and savingsLn 1–2$613K
Total assetsLn 16$613K
LiabilitiesLn 26$0
PeoplePt VI, VII
2
listed · VII A
PaidVII A0
Voting boardVI 1a54
IndependentVI 1b54
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$211K
Total revenueLn 12$211K
Assets in detailPt X, end of year
CashLn 1$613K
Cash and savings togetherLn 1–2$613K
Total assetsLn 16$613K
LiabilitiesLn 26$0
Net assetsLn 32$613K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$578K$613K
Total assetsLn 16$578K$613K
LiabilitiesLn 26$0$0
Net assetsLn 32$578K$613K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$10K
Accounting feesLn 11c$3K
Other fees for servicesLn 11g$134K
TravelLn 17$2K
Other expenses (24a–d)Ln 24$27K
Total functional expensesLn 25$176K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $215K$416K−$200K$295K 990 PDF
FY2024 $181K$298K−$118K$496K 990 PDF
FY2023 Viewing $211K$176K$35K$613K 990 PDF
FY2022 Not on file
FY2021 $269K$145K$124K$538K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $211,117 across 3 lines filed
VIII-1f All other contributions, gifts and grants$211,117
VIII-1h Total contributions, gifts and grants$211,117
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$211,117
Part IX · Statement of functional expenses $175,629 across 5 lines filed
IX-5 Pay of current officers, directors and key staff$10,000
IX-11c Accounting fees$2,525
IX-11g Other fees for services$134,441
IX-17 Travel$1,965
IX-24 Other expenses (24a–d)$26,698
IX-25 Total functional expenses$175,629
Part X · Balance sheet $613,264 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $577,776$613,264
X-16 Total assetsStart of year $577,776$613,264
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $577,776$613,264
X-32 Total net assets or fund balancesStart of year $577,776$613,264
X-33 Total liabilities and net assetsStart of year $577,776$613,264
Part XI · Reconciliation of net assets $613,264 net assets at year end
XI-1 Total revenue$211,117
XI-2 Total expenses$175,629
XI-3 Revenue less expenses$35,488
XI-4 Net assets at start of year$577,776
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$613,264

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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