Prevention Research Institute Inc
- Assets
- $3.6m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 16
- Location
- Lexington, KY
- Founding
- 06/1975
- Data as of
- 06/2023
- EIN
- 61-0854320
Organization Overview
Prevention Research Institute Inc is located in Lexington, KY. The organization was established in 1975. According to its NTEE Classification (F21) the organization is classified as: Substance Abuse Prevention, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2023, Prevention Research Institute Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prevention Research Institute 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 Research Institute Inc generated $3.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $3.1m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 7 years. 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
PRI ARTICULATED THE LIFESTYLE RISK REDUCTION MODEL IN 1983. THE MODEL MAINTAINS, AS WITH OTHER LIFESTYLE-RELATED HEALTH PROBLEMS, ALCOHOLISM AND OTHER ALCOHOL-RELATED PROBLEMS HAVE TWO KINDS OF RISK - RISKS WE CAN CONTROL AND RISKS WE CANNOT. THE MODEL GUIDES THE DEVELOPMENT AND IMPLEMENTATION OF PRI'S CURRENT OFFERINGS, INCLUDING THE PRIME FOR LIFE PROGRAMS, MYPRIME, AND PRIME SOLUTIONS, AS WELL AS ITS NEW PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRI ARTICULATED THE LIFESTYLE RISK REDUCTION MODEL IN 1983. THE MODEL MAINTAINS, AS WITH OTHER LIFESTYLE-RELATED HEALTH PROBLEMS, ALCOHOLISM AND OTHER ALCOHOL-RELATED PROBLEMS HAVE TWO KINDS OF RISK - RISKS WE CAN CONTROL AND RISKS WE CANNOT. THE MODEL GUIDES THE DEVELOPMENT AND IMPLEMENTATION OF PRI'S CURRENT OFFERINGS, INCLUDING THE PRIME FOR LIFE PROGRAMS, MYPRIME, AND PRIME SOLUTIONS, AS WELL AS ITS NEW PROGRAMS. PRIME FOR LIFE, A SERIES OF ALCOHOL AND DRUG PROGRAMS DEVELOPED BY PREVENTION RESEARCH INSTITUTE FOR YOUNG PEOPLE AND ADULTS, AND MYPRIME ARE EDUCATION PROGRAMS DESIGNED TO INFLUENCE ATTITUDES AND BELIEFS ABOUT ALCOHOL AND DRUG USE. INTERNAL AND EXTERNAL RESEARCH HAS SHOWN THAT PRIME FOR LIFE PROGRAMS ACCOMPLISH THEIR GOAL OF CHANGING ATTITUDES AND BELIEFS ABOUT ALCOHOL AND DRUG CHOICES. PRIME SOLUTIONS IS A TREATMENT PROGRAM, BASED ON THE TRANSTHEORETICAL MODEL, MOTIVATIONAL INTERVIEWING AND THE LIFESTYLE RISK REDUCTION, WHICH BUILDS ON EXTERNAL RESEARCH DEMONSTRATING EFFECTIVE TREATMENT PRACTICES. PRIME SOLUTIONS COMBINES THESE ELEMENTS INTO A UNIQUE PACKAGE OF PRACTITIONER AND PARTICIPANT MATERIALS, PRESENTATION IMAGES, AND LEARNING SUPPORTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stewart Perry Board Member | Trustee | 1 | $0 |
Mary Velasquez Board Member | Trustee | 1 | $0 |
Michael Townsend Board Member | Trustee | 1 | $0 |
Thomas Kelly Board Member | Trustee | 1 | $0 |
Blair Beadnell Board Member | Trustee | 1 | $0 |
Raymond P Daugherty Board Member | Trustee | 16 | $140,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $97,879 |
| 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 | $97,879 |
| Total Program Service Revenue | $3,452,947 |
| Investment income | $80,526 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$19,185 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,612,167 |
| 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. | $383,231 |
| Compensation of current officers, directors, key employees. | $231,730 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,460,093 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $34,160 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,889 |
| Fees for services: Other | $21,598 |
| Advertising and promotion | $679 |
| Office expenses | $57,519 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $54,163 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $35,788 |
| Insurance | $36,749 |
| All other expenses | $89,432 |
| Total functional expenses | $3,051,670 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,167,677 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $323,860 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $190,640 |
| Prepaid expenses and deferred charges | $54,391 |
| Net Land, buildings, and equipment | $65,190 |
| Investments—publicly traded securities | $1,767,260 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $50,291 |
| Total assets | $3,619,309 |
| Accounts payable and accrued expenses | $262,953 |
| Grants payable | $0 |
| Deferred revenue | $311,464 |
| 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 | $50,291 |
| Total liabilities | $624,708 |
| Net assets without donor restrictions | $2,994,601 |
| 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 | $3,619,309 |