Prism Fl INC EIN 85-0891778

Prism Fl INC

EIN  85-0891778 Public charity (501(c)(3)) Pompano Beach, FL
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Size
$100K–1M
What they do
Provides LGBT-inclusive education and sexual health resources for LGBTQ+ youth.
Leadership
Maxx Fenning · Executive Director · $55K
Money in and out
$281K revenue, $292K expenses
Bottom line
74% program efficiency

Provides LGBT-inclusive education and sexual health resources for LGBTQ+ youth. For fiscal year 2024 it reported $281K in revenue, $292K in expenses, and $97K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$281K
Pt VIII · Ln 12
Total expenses
$292K
Pt IX · Ln 25
Net assets
$97K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$11K
Where spending went · Part IX cols B–D
Program services $0.74 Management & general $0.25 Fundraising $0.01
Program efficiency
74%
of spending reaches programs
Operating runway
5.1mo
months of highly liquid reserves at operating expense rate▼ -50% vs prior filing year
Surplus margin
-4%
revenue over expenses, this year▼ -114% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$281K
FY2024▲ +62%
Expenses
$292K
FY2024▲ +477%
Total assets
$97K
FY2024▲ +60%
Total liabilities
$0
FY2024
Total revenue
$281K
Pt VIII · Ln 12
Total expenses
$292K
Pt IX · Ln 25
Net assets
$97K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$11K
Total assetsPt X · Ln 16$97K
Program-expense ratioPt IX · col B74%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

3 program services account for $205K of program spending, described in the organization's own filed words · FY2024.
01

Cctf (instagram)

The Content Creation Task Force (CCTF) is the primary driver of PRISM's educational content. This program creates thoroughly researched and culturally conscious web, social media, and print content in a way that is approachable and easily understood by youth in South Florida.

$103Kprogram expense
02

Outreach Events

PRISM conducted and/or participated in several outreach events, including pride celebrations, tabling, and other community activities. Costs include booth fees, travel reimbursement for volunteers and staff, and other event-related costs.

$85Kprogram expense
03

Prism Student Ambassador Program

The PRISM Student Ambassador Program (P-SAP) is a network of GSAs (Gender and Sexuality Alliances) and other LGBTQ+ student organizations empowering the next generation of leaders. P-SAP connects students in leadership positions in their GSAs through monthly meetings and ensures they are well-equipped to foster safe spaces for queer…

$17Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPrism Fl INC
EINHdr · item D85-0891778
Principal addressHdr · item CPompano Beach, FL
WebsiteHdr · item Jwww.prismfl.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCivil Rights & Advocacy (R26)
Ruling yearIRS BMFOct 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$54,615Pt VII · Sec A
Board Member
$9,852Pt VII · Sec A
Youth Advisory Committee Chair
$1,530Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice-Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Maxx Fenning’s $55K as Executive Director is at the 33rd percentile of top reported officer pay among 1035 $100K–1M civil rights & advocacy 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.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023
Maxx Fenning$54,615$24,842
Fabiana Ungaro$9,852
Adrianna Gutierrez$1,530

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants100%$281K
Total revenueLn 12$281K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.74 Management & general $0.25 Fundraising $0.01
Program services74%$216K
Management & general25%$74K
Fundraising1%$3K
Total functional expensesLn 25$292K

Balance Sheet

Part X · end of year
CashLn 1$97K
Total assetsLn 16$97K
Total liabilitiesLn 26$0
Total net assetsLn 32$97K
Months of cash on handcomputed4.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $97K · Operating expenses (Pt IX) $292K · Less non-cash grants $65K · Cash operating expenses/yr $227K
5.1 months
Where the money goes
Program services
Program services $216K · Total expenses $292K
74%
Management & General
Management & general $74K · Total expenses $292K
25%
Fundraising
Fundraising $3K · Total expenses $292K
1%
Cost to raise $1
Fundraising expense (2-yr avg) $2K · Solicited contributions (2-yr avg) $194K
$0.01 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $281K · Total revenue $281K
100%
Government reliance
Government grants $0 · Total revenue $281K
0%
Earned-income share
Program service revenue $0 · Total revenue $281K
0%
Investment reliance
Investment income $0 · Total revenue $281K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $292K
0%
Growth & trend
Revenue growth (YoY)
This year $281K · Prior year $173K
+62%
Net-asset trend (YoY)
End of year $97K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $281K · Expenses $292K
-4%
Liabilities-to-Assets
Total liabilities — · Total assets $97K
Net-asset ratio
Net assets $97K · Total assets $97K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $97K
0%
People & payroll
Highest Reported Total Compensation
Individual Maxx Fenning · Reported title Executive Director · Highest reported compensation $55K · Total expenses $292K
19%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $165K · Total expenses $292K
56%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 74%
Overhead ratio 25%
Fundraising cost ratio 1%
Revenue growth 62%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Centerlink INCFY2025$50K
Total grants receivedfrom 2 funders$60K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$281K revenue · viewing · ⤓ 990 PDF
FY2023$173K revenue · ⤓ 990 PDF
FY2022$107K revenue · ⤓ 990 PDF
FY2021$20K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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