Prologue Inc
- Assets
- $9.2m
- Revenue
- $7.8m
- Investments
- $0.0
- Employees
- 129
- Location
- Baltimore, MD
- Founding
- 07/1983
- Data as of
- 06/2023
- EIN
- 52-1278993
Organization Overview
Prologue Inc is located in Baltimore, MD. The organization was established in 1983. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 06/2023, Prologue Inc employed 129 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prologue 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, Prologue Inc generated $7.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $7.2m during the year ending 06/2023. While expenses have increased by 2.5% per year over the past 7 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
SEE STATEMENT PART III QUESTION 4A
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR MISSION IS TO CREATE OPPORTUNITIES FOR THOSE WITH BEHAVIORAL HEALTH NEEDS AND THOSE EXPERIENCING HOMELESSNESS BY PROMOTING POSITIVE CHANGE AND OFFERING PERSON-CENTERED SUPPORT IN RECOVERY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sendy Rommel President | OfficerTrustee | 35 | $148,667 |
Kenneth A Tabler Chairman | OfficerTrustee | 1 | $0 |
Renita E Dandridge Treasurer | OfficerTrustee | 1 | $0 |
Margo Wade Walsh Secretary | OfficerTrustee | 1 | $0 |
Alexander Carter Member | Trustee | 1 | $0 |
Ethan Johnson Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,854,348 |
| All other contributions, gifts, grants, and similar amounts not included above | $225,609 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,079,957 |
| Total Program Service Revenue | $3,673,789 |
| Investment income | $0 |
| 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 | $7,814,044 |
| 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 | $3,281,690 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $888,076 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $91,626 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $19,391 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,434,918 |
| Travel | $75,507 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $185,146 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $254,859 |
| Insurance | $0 |
| All other expenses | $311,442 |
| Total functional expenses | $7,226,189 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $600,296 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $542,347 |
| Accounts receivable, net | $762,976 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $268,480 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $6,136,533 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $54,354 |
| Other assets | $871,663 |
| Total assets | $9,236,649 |
| Accounts payable and accrued expenses | $1,143,679 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $2,875,355 |
| Total liabilities | $4,019,034 |
| Net assets without donor restrictions | $4,992,006 |
| Net assets with donor restrictions | $225,609 |
| 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 | $9,236,649 |