Liabilities / Assets
68th percentile
Higher debt load relative to assets than 68% of similar nonprofits.
Prn Alumni Foundation Inc
990EZ • Fiscal year 2019 • EIN 81-4833664
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.02x
Liabilities / Revenue
60th percentile
Higher debt load relative to revenue than 60% of similar nonprofits.
Net Margin
70th percentile
Higher net margin than 70% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
97th percentile
Faster asset growth than 97% of similar nonprofits.
Revenue Growth
9th percentile
Faster revenue growth than 9% of similar nonprofits.
Balance Sheet
Assets
Up$1,657
Up $1,256 (+313%) from 2018
Net Assets
Up$1,624
Up $2,044 (+487%) from 2018
Liabilities
Down$33
Down $788 (-96%) from 2018
Revenue And Expenses
Revenue
Down$13,402
Down $15,108 (-53%) from 2018
Expenses
Down$11,358
Down $20,592 (-64%) from 2018
Net Income
Up$2,044
Up $5,484 (+159%) from 2018
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2019 to Dec 31, 2019
- Signed
- Feb 11, 2021
- Return Version
- 2019v5.0
- Gross Receipts
- $43,765
Mission and Program Overview
Mission
Prn alumni foundation is comprised of former employees of paisley park and the international icon "prince." the group's missions is to continue the generosity of their late boss who supported opportunities for underpriviledged youth to grow in music, arts and education. The organization also helps alumni members in need. In addition, the foundation supports urban farming initiatives that create sources of healthy, organic foods where they are otherwise scarce.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PRN ALUMNI FOUNDATION HOSTS DISCUSSION EVENTS DRAWING ON EXPERIENCES FROM ALUMNI MEMBERS TO PROMOTE MUSIC, EDUCATION AND OPPORTUNITIES. | $4,215 | $11,358 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JACQUELINE THOMPSON | President | PT | $0 | - | - |
| HARLAN AUSTIN | Treasurer | - | $0 | - | - |
| CRAIG RICE | Secretary | - | $0 | - | - |
| DALEANN MURPHY | Director | - | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Concert/speakin | $21,468 | $13,468 | $18,454 | $-4,986 |
| Total Events | $21,468 | $13,468 | $25,973 | $-12,505 |
Filing and Contact Details
Filer
- Filer Name
- Prn Alumni Foundation
- EIN
- 81-4833664
- Phone
- 4245359342
- Address
- PO BOX 580527, MINNEAPOLIS, MN 55458-0527
Signing Officer
- Name
- Jacqueline Thompson
- Title
- President
- Phone
- 3105946180
- Signed
- 2021-02-11
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Myslajek Kemp & Spencer Ltd
- Address
- 1000 SHELARD PARKWAY 6TH FLOOR, ST LOUIS PARK, MN 55426
- Preparer
- Matthew K Lind CPA
- Phone
- 9525444147
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Merchandise sales selling costs 504 shipping 290 website 59 sales tax (2018) 726 expenses supplies 2,130 software 699 wire fees/cc fees 1,456 shipping 1,035 gifts 244 total 7,143”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 821 33”
Form 990-ez, Part III
“Prn alumni foundation is comprised of former employees of paisley park and the international icon "prince." the group's missions is to continue the generosity of their late boss who supported opportunities for underpriviledged youth to grow in music, arts and education. The organization also helps alumni members in need. In addition, the foundation supports urban farming initiatives that create sources of healthy, organic foods where they are otherwise scarce.”
Raw XML Appendix149 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | JACQUELINE THOMPSON |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4245359342 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 580527 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MINNEAPOLIS |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 554580527 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 401 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 1657 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 24640 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 4390 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 2044 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 401 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 1657 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 13468 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 4215 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 1267 |
| IRS990EZ/GrossReceiptsAmt | 0 | 43765 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 5657 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -420 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 1624 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -420 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 1624 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JACQUELINE THOMPSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | HARLAN AUSTIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | CRAIG RICE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | DALEANN MURPHY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationFiled990TInd | 0 | true |
| IRS990EZ/OrganizationHadUBIInd | 0 | true |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 7143 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | PRN ALUMNI FOUNDATION IS COMPRISED OF FORMER EMPLOYEES OF PAISLEY PARK AND THE INTERNATIONAL ICON "PRINCE." THE GROUP'S MISSIONS IS TO CONTINUE THE GENEROSITY OF THEIR LATE BOSS WHO SUPPORTED OPPORTUNITIES FOR UNDERPRIVILEDGED YOUTH TO GROW IN MUSIC, ARTS AND EDUCATION. THE ORGANIZATION ALSO HELPS ALUMNI MEMBERS IN NEED. IN ADDITION, THE FOUNDATION SUPPORTS URBAN FARMING INITIATIVES THAT CREATE SOURCES OF HEALTHY, ORGANIC FOODS WHERE THEY ARE OTHERWISE SCARCE. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PRN ALUMNI FOUNDATION HOSTS DISCUSSION EVENTS DRAWING ON EXPERIENCES FROM ALUMNI MEMBERS TO PROMOTE MUSIC, EDUCATION AND OPPORTUNITIES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 4215 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 11358 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 25973 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | -12505 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MN |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 821 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 33 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 11358 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 11358 |
| IRS990EZ/TotalRevenueAmt | 0 | 13402 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.PRNALUMNI.ORG |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 24640 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 22632 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 2205 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 49477 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 78630 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 49477 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 24640 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 22632 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 2205 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 49477 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 64954 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt | 0 | 15477 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 15477 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt | 0 | 8000 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt | 0 | 8000 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 25973 |
| IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt | 0 | 4276 |
| IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt | 0 | 4276 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | CONCERT/SPEAKIN |
| IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt | 0 | 2593 |
| IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt | 0 | 2593 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 21468 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 21468 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 13468 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 13468 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | -12505 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 18454 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 18454 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt | 0 | 650 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt | 0 | 650 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | MERCHANDISE SALES SELLING COSTS 504 SHIPPING 290 WEBSITE 59 SALES TAX (2018) 726 EXPENSES SUPPLIES 2,130 SOFTWARE 699 WIRE FEES/CC FEES 1,456 SHIPPING 1,035 GIFTS 244 TOTAL 7,143 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 821 33 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PRN ALUMNI FOUNDATION IS COMPRISED OF FORMER EMPLOYEES OF PAISLEY PARK AND THE INTERNATIONAL ICON "PRINCE." THE GROUP'S MISSIONS IS TO CONTINUE THE GENEROSITY OF THEIR LATE BOSS WHO SUPPORTED OPPORTUNITIES FOR UNDERPRIVILEDGED YOUTH TO GROW IN MUSIC, ARTS AND EDUCATION. THE ORGANIZATION ALSO HELPS ALUMNI MEMBERS IN NEED. IN ADDITION, THE FOUNDATION SUPPORTS URBAN FARMING INITIATIVES THAT CREATE SOURCES OF HEALTHY, ORGANIC FOODS WHERE THEY ARE OTHERWISE SCARCE. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JACQUELINE THOMPSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3105946180 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-02-11 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | PRN ALUMNI FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PRNA |
| ReturnHeader/Filer/EIN | 0 | 814833664 |
| ReturnHeader/Filer/PhoneNum | 0 | 4245359342 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 580527 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MINNEAPOLIS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 554580527 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 411710454 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MYSLAJEK KEMP & SPENCER LTD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1000 SHELARD PARKWAY 6TH FLOOR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ST LOUIS PARK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 55426 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9525444147 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-02-11 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MATTHEW K LIND CPA |
| ReturnHeader/ReturnTs | 0 | 2021-03-18T15:58:04-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-12-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $1,657
- Liabilities
- $33
- Net assets
- $1,624
- Revenue
- $13,402
- Expenses
- $11,358
- Net income
- $2,044
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2019Detailed filing. Detailed filing data is available for this year. | $1.66 | $0.03 | $1.62 | $13.4 | $11.4 | $2.04 |
| 2018Detailed filing. Detailed filing data is available for this year. | $0.40 | $0.82 | $0.42 | $28.5 | $32.0 | $3.44 |
| 2017Summary only. Only limited summary data is available for this year. | $3.40 | $0.38 | $12.0 | $9.00 | $3.02 | |