Liabilities / Assets
77th percentile
Higher debt load relative to assets than 77% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.14x
Liabilities / Revenue
67th percentile
Higher debt load relative to revenue than 67% of similar nonprofits.
Net Margin
50th percentile
Higher net margin than 50% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
69th percentile
Faster asset growth than 69% of similar nonprofits.
Revenue Growth
83rd percentile
Faster revenue growth than 83% of similar nonprofits.
Balance Sheet
Assets
Up$27,706
Up $1,126 (+4.2%) from 2018
Net Assets
Up$23,878
Up $4,762 (+25%) from 2018
Liabilities
Down$3,828
Down $3,636 (-49%) from 2018
Revenue And Expenses
Revenue
Up$159,083
Up $61,216 (+63%) from 2018
Expenses
Up$151,246
Up $52,352 (+53%) from 2018
Net Income
Up$7,837
Up $8,864 (+863%) from 2018
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Aug 24, 2021
- Return Version
- 2020v4.0
- Gross Receipts
- $159,083
Mission and Program Overview
Mission
The non-profit's purpose is educational, organized exclusively for educational purposes under section 501(c)(3) of the internal revenue code. The non-profit corporation is intended to be organized as a public charity, pursuant to section 509(a)(2) of the internal revenue code.
The non-profit's purpose is educational, organized exclusively for educational purposes under Section 401(c)(3) of the Internal Revenue Code. The non-profit corporation is intended to be organized as a public charity, pursuant to excemption 509(a)(2) of the Internal Revenue Code.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Provides college style retirement education courses and classes for adults between the ages of 50-70. These courses and classes provide unbiased information on all areas of retirement and estate planning, and are for general, non-commercial education only. | $151,246 | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Richard T Baker | President & CEO | - | $0 | - | - |
| Brian Hayes | Director | - | $0 | - | - |
| Shawn Lee | Director | - | $0 | - | - |
| Walter West | Director | - | $0 | - | - |
| Michael D Ausherman | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- The Prepare Institute
- EIN
- 82-1112191
- Phone
- 6306652300
- Address
- 1745 S NAPERVILLE RD, WHEATON, IL 60189
Signing Officer
- Name
- Richard T Baker
- Title
- Director
- Signed
- 2021-08-24
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Grebe & Associates Pc
- Address
- 1749 S NAPERVILLE RD STE 203, WHEATON, IL 60189
- Preparer
- John T Grebe CPA CFP
- Phone
- 6306533510
Supplemental Narrative
Additional Explanations
Other Expenses.1001
“Advertising and Promotion $4000”
Other Expenses.1003
“Information Technology $42000”
Other Expenses.1005
“Travel $7834”
Other Expenses.1
“Computer Software/Upgrades $13127”
Other Expenses.2
“Mailers $12639”
Other Expenses.4
“Tom Young Payment $11600”
Other Expenses.5
“Credit Card Fees $5157”
Other Expenses.6
“Workshop $1344”
Other Expenses.7
“Room Rental $1322”
Other Expenses.8
“Misc Software Fee $742”
Other Expenses.9
“Bank Fees $185”
Other Expenses.10
“Taxes and Licenses $15”
Other Expenses.11
“Franchise Tax $10”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $7688 Accounts Payable and Accrued Expenses - Ending $3828”
Raw XML Appendix171 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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|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Sharon Stone |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6306652300 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1745 S Naperville Rd Ste 200 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Wheaton |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 60189 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 22530 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 27706 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 159083 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 7837 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 8316 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 22530 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 27706 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 159083 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 14842 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 23878 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 14842 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 23878 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Richard T Baker |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Brian Hayes |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Shawn Lee |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Walter West |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Michael D Ausherman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President & CEO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Treasurer |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 1199 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 99975 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | The non-profit's purpose is educational, organized exclusively for educational purposes under Section 401(c)(3) of the Internal Revenue Code. The non-profit corporation is intended to be organized as a public charity, pursuant to excemption 509(a)(2) of the Internal Revenue Code. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 11947 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Provides college style retirement education courses and classes for adults between the ages of 50-70. These courses and classes provide unbiased information on all areas of retirement and estate planning, and are for general, non-commercial education only. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 151246 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 31008 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | true |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 7688 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 3828 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 151246 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 151246 |
| IRS990EZ/TotalRevenueAmt | 0 | 159083 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Schedule E, Line 4 - Explanation of Records and Materials Not Maintained |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Schedule E, Line 5 - Explanation of Organization Discrimination by Race |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Advertising and Promotion $4000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Information Technology $42000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Travel $7834 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Computer Software/Upgrades $13127 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Mailers $12639 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Tom Young Payment $11600 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Credit Card Fees $5157 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Workshop $1344 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Room Rental $1322 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Misc Software Fee $742 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Bank Fees $185 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Taxes and Licenses $15 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Franchise Tax $10 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | Accounts Payable and Accrued Expenses - Beginning $7688 Accounts Payable and Accrued Expenses - Ending $3828 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Expenses.7 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Expenses.8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Other Expenses.9 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Other Expenses.10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Other Expenses.11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Total Liabilities.1001 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd | 0 | FAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Richard T Baker |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Director |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-08-24 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THE PREPARE INSTITUTE |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PREP |
| ReturnHeader/Filer/EIN | 0 | 821112191 |
| ReturnHeader/Filer/PhoneNum | 0 | 6306652300 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1745 S NAPERVILLE RD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | WHEATON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 60189 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 364237636 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | GREBE & ASSOCIATES PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1749 S NAPERVILLE RD STE 203 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | WHEATON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 60189 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6306533510 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | John T Grebe CPA CFP |
| ReturnHeader/ReturnTs | 0 | 2021-08-24T07:16:50-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Richard T |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Baker |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $27,706
- Liabilities
- $3,828
- Net assets
- $23,878
- Revenue
- $159,083
- Expenses
- $151,246
- Net income
- $7,837