Prestige Solutions
- Assets
- $6.5m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 28
- Location
- Columbus, OH
- Founding
- 12/2016
- Data as of
- 06/2022
- EIN
- 81-2224681
Organization Overview
Prestige Solutions is located in Columbus, OH. The organization was established in 2016. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. As of 06/2022, Prestige Solutions employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prestige Solutions 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 06/2022, Prestige Solutions generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 30.3% each year . All expenses for the organization totaled $1.5m during the year ending 06/2022. While expenses have increased by 30.3% per year over the past 3 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE CHARTER SCHOOLS WITH HIGH-QUALITY, GLOBAL CONSCIOUS AND COMPETENCY-BASED EDUCATION PROGRAMS FROM KINDERGARTEN TO 12TH GRADE. IN PARTNERSHIP WITH PARENTS AND THE COMMUNITY, OUR SCHOOLS WILL GRADUATE STUDENTS WHO ARE SUCCESSFUL, LIFE-LONG LEARNERS AND RESPONSIBLE CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDED EXECUTIVE LEADERSHIP, OPERATIONS, AND FACILITIES MANAGEMENT SERVICES TO THREE CHARTER SCHOOLS SERVING LOW INCOME HIGH POVERTY STUDENT POPULATIONS.
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 |
|---|---|---|---|
Ashfaq Tashfeen President | OfficerTrustee | 15 | $0 |
Aalia Tashfeen Vice President | OfficerTrustee | 15 | $0 |
Munawwar Tashfeen Secretary | OfficerTrustee | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $3,443,748 |
| 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 | $3,443,748 |
| 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 | $394,820 |
| Pension plan accruals and contributions | $4,270 |
| Other employee benefits | $3,012 |
| Payroll taxes | $14,654 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,386 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,384 |
| Advertising and promotion | $1,278 |
| Office expenses | $14,609 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $710,045 |
| Travel | $198 |
| 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 | $259,422 |
| Insurance | $0 |
| All other expenses | $3,994 |
| Total functional expenses | $1,548,421 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $452,960 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $785,922 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $20,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $9,500 |
| Net Land, buildings, and equipment | $5,219,666 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,488,048 |
| Accounts payable and accrued expenses | $0 |
| 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 | $1,339,100 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,339,100 |
| Net assets without donor restrictions | $5,148,948 |
| 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 | $6,488,048 |