Prevention Partnership Inc
- Assets
- $812.0k
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 10
- Location
- Chicago, IL
- Founding
- 04/1989
- Data as of
- 06/2023
- EIN
- 36-3580758
Organization Overview
Prevention Partnership Inc is located in Chicago, IL. The organization was established in 1989. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2023, Prevention Partnership Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prevention Partnership Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Prevention Partnership Inc generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.2% each year . All expenses for the organization totaled $2.5m during the year ending 06/2023. While expenses have increased by 16.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE PREVENTION EDUCATION, EARLY INTERVENTION,AND HEALTH PROMOTION PROGRAMS TO YOUTH, THEIR FAMILIES AND THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SUPPORT AND COUNSELING SERVICES TO YOUTHS AND AFRICAN AMERICAN WOMEN WITH DRUG AND ALCOHOL ABUSE PROBLEMS AND TO COUNSEL AT RISK PERSONS IN THOSE CATERGORIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michaelangelo Mc Clendon Assistant Di | Trustee | 1 | $0 |
Danny K Davis Emeritus Director | Trustee | 1 | $0 |
Louis Feider Director | Trustee | 1 | $0 |
Guido Girolami Treasurer/se | OfficerTrustee | 2 | $0 |
Marco Jacome Director | Trustee | 1 | $0 |
Virginia Lathan Recording Se | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,527,465 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,527,465 |
| Total Program Service Revenue | $14,500 |
| Investment income | $2,284 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,632,329 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $617,167 |
| Pension plan accruals and contributions | $4,135 |
| Other employee benefits | $70,596 |
| Payroll taxes | $54,966 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,490 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,525,650 |
| Advertising and promotion | $0 |
| Office expenses | $117,911 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,780 |
| Travel | $22,553 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,631 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,446 |
| All other expenses | $0 |
| Total functional expenses | $2,490,882 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $173,084 |
| Savings and temporary cash investments | $47,430 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $570,103 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,240 |
| Net Land, buildings, and equipment | $17,315 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $795 |
| Total assets | $811,967 |
| Accounts payable and accrued expenses | $224,452 |
| Grants payable | $0 |
| Deferred revenue | $16,421 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $240,873 |
| Net assets without donor restrictions | $571,094 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $811,967 |