Civic Intelligence

The Prometheus Institute

990EZ • Fiscal year 2015 • EIN 20-3558542

Jan 01, 2015 to Dec 31, 2015 • Filed on Sep 11, 2016

Organization Profilewww.theprometheusinstitute.org
41 DiscoveryIrvine, CA 92618

(949) 436-4500

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

59th percentile

0.00x

Higher debt load relative to assets than 59% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

60th percentile

0.01x

Higher debt load relative to revenue than 60% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

17th percentile

-17%

Higher net margin than 17% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

27th percentile

-12%

Faster asset growth than 27% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

39th percentile

-5.6%

Faster revenue growth than 39% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$263,835

Down $34,757 (-12%) from 2014

Net Assets

Down

$262,660

Down $33,494 (-11%) from 2014

Liabilities

Down

$1,175

Down $1,263 (-52%) from 2014

Revenue And Expenses
Liabilities / Revenue60th percentileNet Margin17th percentile

Revenue

Down

$198,365

Down $11,710 (-5.6%) from 2014

Expenses

Up

$231,859

Up $32,211 (+16%) from 2014

Net Income

Down

-$33,494

Down $43,921 (-421%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$200K$0-$200KAssets 2010: $32,050Liabilities 2010: $17,152Net Assets 2010: $14,8982010Assets 2011: $60,983Liabilities 2011: $24,057Net Assets 2011: $36,9262011Assets 2012: $20,812Liabilities 2012: $157,089Net Assets 2012: -$136,2772012Assets 2013: $286,210Liabilities 2013: $483Net Assets 2013: $285,7272013Assets 2014: $298,592Liabilities 2014: $2,438Net Assets 2014: $296,1542014Assets 2015: $263,835Liabilities 2015: $1,175Net Assets 2015: $262,6602015Assets 2016: $193,239Net Assets 2016: $193,2392016

Highlighted filing

2015

Assets$263,835
Liabilities$1,175
Net Assets$262,660
Open 2015 Filing

Operations Trend

Revenue Growth39th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2010: $561,5802010Expenses 2011: $527,9312011Expenses 2012: $277,9922012Revenue 2013: $484,442Expenses 2013: $62,787Net Income 2013: $421,6552013Revenue 2014: $210,075Expenses 2014: $199,648Net Income 2014: $10,4272014Revenue 2015: $198,365Expenses 2015: $231,859Net Income 2015: -$33,4942015Revenue 2016: $37,905Expenses 2016: $145,854Net Income 2016: -$107,9492016

Highlighted filing

2015

Revenue$198,365
Expenses$231,859
Net Income-$33,494
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Sep 11, 2016
Return Version
2015v2.0
Gross Receipts
$198,365
Mission and Program Overview

Mission

To reduce the burden of government, dedicated to utilizing the power of mobile technology to empower the citizenry with the tools and knowledge to advocate for policy change through mobile applications, the institute is constantly pursuing public policy advocacy.

Program Services

DescriptionGrantsExpenses
THE PROMETHEUS INSTITUTE IS CONSTANTLY IMPROVING ITS POPULAR MOBILE APP, DIY DEMOCRACY FOR MOBILE PHONES. IN CURRENT YEAR, IT IMPROVED VIEWERS BEING ABLE TO SEE COMPLAINTS, LETTERS, AND REPORTS FILED BY OTHERS, INTEGRATING THE APP WITH FACEBOOK, AND REDESIGNING THE HOME PAGE.$205,488-
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JUSTIN HARTFIELDChairman-$0--
MATT HARRISONPresidentFT$0--
ALBERT LOPEZTreasurer-$0--
JOHN FRANKDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Prometheus Institute
EIN
20-3558542
Address
41 DISCOVERY, IRVINE, CA 92618

Signing Officer

Name
Matt Harrison
Title
President
Signed
2016-09-11
Discuss with paid preparer
Yes

Preparer

Firm
Tarvaran Askelson & Company
Address
32565 B Golden Lantern Suite 509, Dana Point, CA 92629
Preparer
Eric Askelson CPA
Phone
7606839545
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $406”

Other Expenses.1005

“Travel $4329”

Other Expenses.1

“KORCHULA PROJECT $145500”

Other Expenses.2

“BOARD FEES $9000”

Other Expenses.3

“COMPUTER EXPENSES $1804”

Other Expenses.4

“Dues and subscriptions $785”

Other Expenses.5

“Tax and registration $294”

Other Expenses.6

“BANK FEES $230”

Other Assets.1008

“Receivables-Other Disqualified Persons - Beginning $296223 Receivables-Other Disqualified Persons - Ending $257695”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $870 Accounts Payable and Accrued Expenses - Ending $0”

Total Liabilities.1

“Payroll liabilities - Beginning $1568 Payroll liabilities - Ending $1175”

Raw XML Appendix181 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
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IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0296223
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0257695
IRS990EZ/OtherExpensesTotalAmt0162348
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO REDUCE THE BURDEN OF GOVERNMENT, DEDICATED TO UTILIZING THE POWER OF MOBILE TECHNOLOGY TO EMPOWER THE CITIZENRY WITH THE TOOLS AND KNOWLEDGE TO ADVOCATE FOR POLICY CHANGE THROUGH MOBILE APPLICATIONS, THE INSTITUTE IS CONSTANTLY PURSUING PUBLIC POLICY ADVOCACY.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0205488
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt02011
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02438
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01175
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0231859
IRS990EZ/TotalProgramServiceExpensesAmt0205488
IRS990EZ/TotalRevenueAmt0198365
IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.theprometheusinstitute.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0198365
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0204254
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IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.76500
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IRS990ScheduleA/PublicSupportTotal170Amt01188700
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0198365
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0549949
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IRS990ScheduleA/TotalSupportAmt01553831
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0257695
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Exempt
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0286102
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Prometheus Civic Tech FPC
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Related
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0The Institute engaged with a related California flexible purpose corporation, Prometheus Civic Technologies FPC which has business purpose to facilitate the exempt purpose of the Institute.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part V Supplemental Information
IRS990ScheduleL/TotalBalanceDueAmt0257695
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $406
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $4329
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2KORCHULA PROJECT $145500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD FEES $9000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPUTER EXPENSES $1804
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DUES AND SUBSCRIPTIONS $785
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TAX AND REGISTRATION $294
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7BANK FEES $230
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Accounts Payable and Accrued Expenses - Beginning $870 Accounts Payable and Accrued Expenses - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Payroll liabilities - Beginning $1568 Payroll liabilities - Ending $1175
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.3
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.5
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Total Liabilities.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Total Liabilities.1
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MATT HARRISON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-09-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE PROMETHEUS INSTITUTE
ReturnHeader/Filer/BusinessNameControlTxt0PROM
ReturnHeader/Filer/EIN0203558542
ReturnHeader/Filer/USAddress/AddressLine1Txt041 DISCOVERY
ReturnHeader/Filer/USAddress/CityNm0IRVINE
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ReturnHeader/Filer/USAddress/ZIPCd092618
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt032565 B Golden Lantern Suite 509
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Dana Point
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092629
ReturnHeader/PreparerPersonGrp/PhoneNum07606839545
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ERIC ASKELSON CPA
ReturnHeader/ReturnTs02016-09-11T14:39:29-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$263,835
Liabilities
$1,175
Net assets
$262,660
Revenue
$198,365
Expenses
$231,859
Net income
-$33,494
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$1.93$1.93$0.38$1.46$1.08
2015Detailed filing. Detailed filing data is available for this year.$2.64$0.01$2.63$1.98$2.32$0.33
2014Detailed filing. Detailed filing data is available for this year.$2.99$0.02$2.96$2.10$2.00$0.10
2013Detailed filing. Detailed filing data is available for this year.$2.86$0.00$2.86$4.84$0.63$4.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$1.57$1.36$2.78
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.24$0.37$5.28
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.17$0.15$5.62