People Responding in Social Ministry

Nonprofit profile at a glance

EIN
411442049
IRS 990 coverage
2013–2024
Forms available
Form 990 2024
Location
Golden Valley, MN, USA
Phone
7635291350
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Emergency Assistance

Official website

Reported finances

Revenue
$4,889,283
Expenses
$4,833,867
Assets
$1,693,047
Liabilities
$604,204

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

18 people listed

Executive titles in this filing

  • MICHELLE NESS (EXECUTIVE DIRECTOR)

Highest reported compensation

  • MICHELLE NESS (EXECUTIVE DIRECTOR): $147,837 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide social services and connections that empower people in our community to build healthy, stable lives.prism is a 501(c)(3) nonprofit organization founded in 1970 by community members concerned about local hungry and homeless families. What started as an informal effort has since evolved into a strong, sustainable organization that is considered a leading provider of basic needs services in the northwest suburbs. Our mission is to provide social services and connections that empower people in our community to build healthy, stable lives. Our core values of collaboration, innovation, dignity and accountability guide our work. The continued generosity of the community enables us to meet the food, clothing, and housing needs to nearly 16,492 low-income children, adults, and seniors each year. Prism's marketplace food shelf serves everyone: other core services include housing and children's programs, and shop for change thrift shop, which is open to the public.

What it reported doing in 2024

Marketplace food shelf - 1.18 million pounds of food were distributed to 7,017 families (20,410 individuals). 5,394 pounds of food were delivered through our valued partnership with jewish family & children's service of minneapolis. 36 % of food recipients were children, & 3,974 households visited the food shelf for the first time. 555,061 pounds of food was 'rescued' from local grocers.1,139 families received 56,075 pounds of fresh produce through prism's summer produce distribution program. Prism coordinates snap benefits at the golden valley farmers market, allowing 112 transactions for fresh food from local farmers.children's programs brought joy and stability to 1,457 children this year by providing school supplies, new holiday gifts, baby essentials, and special birthday presents.access to nutrient-dense food is essential for child development and plays a critical role in supporting physical health, cognitive function, and disease prevention for adults and older adults.

Operating model

Revenue model
Donor-supported. 85% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 73% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 90
  • Accountability: 100
  • Sustainability: 33
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.1%; rating input score 82
  • Program expense ratio: 83%; rating input score 83
  • Fundraising efficiency: $11.13 raised per $1 spent on fundraising; rating input score 41; 41st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.4%; rating input score 94; 24th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 1.1%; rating input score 38; 38th percentile among comparable filings
  • Total-asset coverage ratio: 0.35; rating input score 11; 11th percentile among comparable filings
  • Liabilities to assets ratio: 0.36; rating input score 30; 30th percentile among comparable filings
  • Officer compensation ratio: 3.1%; rating input score 68; 68th percentile among comparable filings

Growth

  • Program expense growth: 8.6% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: 8.3% per year; rating input score 100; 61st percentile among comparable filings
  • Asset growth: 15.1% per year; rating input score 100; 74th percentile among comparable filings

Details

  • Where the money goes: 82.1% of revenue deployed · 83% of spending went to programs
  • Governance: 17 of 17 board members independent · 8 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $4M in reported program spending
  • Leadership: top reported pay $148K · 18 people listed
  • Consistency: 30 of 31 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 12 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 41/100.
  • Moderate — Sustainability: Operating margin scored 38/100.
  • High — Sustainability: Total-asset coverage ratio scored 11/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 30/100.