Professional Records & Information Services Management (Prism)international
Nonprofit profile at a glance
- EIN
- 561994023
- IRS 990 coverage
- 2017–2017
- Forms available
- Form 990 2017
- Location
- Chicago, IL, USA
- Phone
- 8473756344
- Rating confidence
- Limited
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $912,796
- Expenses
- $876,037
- Assets
- $1,096,531
- Liabilities
- $311,752
Source: IRS Form 990. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- CLAIRE GALLAGHER (PAST PRESIDENT/PRESIDENT)
- TOM FETTERS (PRESIDENT/BOARD MEMBER)
- CHAD SORRELL (PAST PRESIDENT)
- DAVE BERGESON (EXECUTIVE DIRECTOR)
People named in this filing
- CLAIRE GALLAGHER (PAST PRESIDENT/PRESIDENT)
- LULA SALAZAR (BOARD MEMBER)
- CHERYL CREVISTON (BOARD MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To be an essential business resource for member companies, their employees, and the marketplace in the global information management industry through education, advocacy, industry promotion and networking.
What it reported doing in 2017
Intra-industry communication via meetings and conventions.1) facilitated planning of conferences in the united states, middle east and asia to achieve member communication mission and facilitate regional member interaction.2) successfully administered pre-conference activities such as registration and educational session materials gathering,3) successfully administered conference event and post-conference feedback.
Operating model
- Revenue model
- Earned-program. 91% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 45
- Accountability: 88
- Sustainability: 53
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: No; rating input score 0
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 4%; rating input score 51; 51st percentile among comparable filings
- Total-asset coverage ratio: 1.25; rating input score 53; 53rd percentile among comparable filings
- Liabilities to assets ratio: 0.28; rating input score 30; 30th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 84; 84th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 12 of 12 board members independent · 5 of 7 filing controls reported
- Programs: 4 filed program accomplishments
- Leadership: top reported pay $0 · 17 people listed
- Highest-paid contractors: 1 contractor listed · $414K reported
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules · includes major donors and foreign activity
- Contacts: How to reach this organization
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- High — Transparency & Controls: Major donor itemization scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Review — Sustainability: Operating margin scored 51/100.
- Review — Sustainability: Total-asset coverage ratio scored 53/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 30/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.