Prism Streetlights Inc

Organization Overview

Prism Streetlights Inc is located in Warwick, RI. The organization was established in 2019. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2021, Prism Streetlights Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prism Streetlights 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 06/2021, Prism Streetlights Inc generated $3.3m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 61.2% each year . All expenses for the organization totaled $3.4m during the year ending 06/2021. While expenses have increased by 58.2% per year over the past 2 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PRISM STREETLIGHTS WAS INCORPORATED TO PROVIDE MUNICPALITIES WITH EXPERIENCED PEOPLE TO MANAGE THE DELIVERY, COST, AND MAINTENANCE OF STREETLIGHT SYSTEMS. IN DOING SO, PRISM HELPS MUNICIPALITIES STRETCH THEIR BUDGETS AND ACHIEVE GREATER ENERGY INDEPENDENCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PRISM STREETLIGHTS MANAGES THE DELIVERY, COST AND MAINTENANCE OF STREETLIGHT SYSTEMS IN TWENTY-THREE (23) COMMUNITIES THROUGHOUT RHODE ISLAND.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $32,292
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$32,292
Total Program Service Revenue$3,257,294
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$8,442
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,281,144

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