Prologue Foundation Inc
- Assets
- $106.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 06/1992
- Data as of
- 06/2023
- EIN
- 52-1689840
Organization Overview
Prologue Foundation Inc is located in Baltimore, MD. The organization was established in 1992. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prologue Foundation 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 Foundation Inc generated $11.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.7%) each year. All expenses for the organization totaled $13.5k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (12.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION'S PURPOSE IS TO PROVIDE FUNDS TO PROLOGUE, INC. CLIENTS WHO ARE RECOVERING FROM MENTAL ILLNESS AND/OR HOMELESSNESS FOR WHOM OTHER RESOURCES HAVE BEEN EXHAUSTED AND ADDITIONAL SUPPORT IS NEEDED IN ORDER TO MAINTAIN THE PERSON IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sendy Rommel President | 1 | $0 | |
Denise Camp Trustee | 1 | $0 | |
Al Blank Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,694 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $11,697 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,425 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,070 |
| Total expenses | $13,495 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $75,739 |
| Other assets | $0 |
| Total assets | $106,426 |
| Total liabilities | $0 |
| Net assets or fund balances | $106,426 |