Liabilities / Assets
78th percentile
Higher debt load relative to assets than 78% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.10x
Liabilities / Revenue
70th percentile
Higher debt load relative to revenue than 70% of similar nonprofits.
Net Margin
22nd percentile
Higher net margin than 22% 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
11th percentile
Faster asset growth than 11% of similar nonprofits.
Revenue Growth
14th percentile
Faster revenue growth than 14% of similar nonprofits.
Balance Sheet
Assets
Down$17,537
Down $10,169 (-37%) from 2020
Net Assets
Down$15,757
Down $8,121 (-34%) from 2020
Liabilities
Down$1,780
Down $2,048 (-54%) from 2020
Revenue And Expenses
Revenue
Down$65,743
Down $93,340 (-59%) from 2020
Expenses
Down$74,401
Down $76,845 (-51%) from 2020
Net Income
Down-$8,658
Down $16,495 (-210%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Sep 2, 2022
- Return Version
- 2021v4.0
- Gross Receipts
- $65,743
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. | - | $74,401 |
| 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. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| WATER WEST | Director | - | $0 | - | - |
| RICHARD T BAKER | President & | - | $0 | - | - |
| BRIAN HAYES | Director | - | $0 | - | - |
| SHAWN LEE | Director | - | $0 | - | - |
| MICHAEL D AUSHERMAN | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- The Prepare Institute
- EIN
- 82-1112191
- Phone
- 6306652300
- Address
- 8150 PERRY HIGHWAY SUITE 208, PITTSBURGH, PA 15237
Signing Officer
- Name
- Water West
- Title
- Director
- Phone
- 6306652300
- Signed
- 2022-09-02
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Wcg Inc
- Address
- 2393 FLYING HORSE CLUB DR, COLORADO SPRINGS, CO 80921-7012
- Preparer
- Tina Watson CPA
- Phone
- 7193879800
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8
“Other income 3,299 total 3,299”
Form 990-ez, Part I, Line 16
“Expenses bank/merchant fees 1,017 tuition refund 148 payroll expenses 1,093 office supplies & software 14,966 it services 46,400 room rental 378 interest expense 83 total 64,085”
Form 990-ez, Part I, Line 20
“Reduction in current liabilities 537”
Form 990-ez, Part II, Line 26
“CREDIT CARDS 3,828 1,780”
Form 990-ez, Part III
“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.”
Form 990-ez, Part III, Line 28
“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.”
Form 990-ez, Part III, Line 31
“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.”
Raw XML Appendix128 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/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | WALTER WEST |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8144640224 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 8150 PERRY HIGHWAY SUITE 208 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | PITTSBURGH |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | PA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 15237 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 27706 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 17537 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -8658 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 9316 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 27706 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 17537 |
| IRS990EZ/GrossReceiptsAmt | 0 | 65743 |
| 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 | 23878 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 15757 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 23878 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 15757 |
| 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 | WATER WEST |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | RICHARD T BAKER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | BRIAN HAYES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | SHAWN LEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | MICHAEL D AUSHERMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRESIDENT & |
| 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 | 537 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 64085 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 3299 |
| 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 | 1000 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 62444 |
| 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/DescriptionProgramSrvcAccomTxt | 1 | 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/ProgramServiceExpensesAmt | 0 | 74401 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 3828 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1780 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 74401 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 74401 |
| IRS990EZ/TotalRevenueAmt | 0 | 65743 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | OTHER INCOME 3,299 TOTAL 3,299 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES BANK/MERCHANT FEES 1,017 TUITION REFUND 148 PAYROLL EXPENSES 1,093 OFFICE SUPPLIES & SOFTWARE 14,966 IT SERVICES 46,400 ROOM RENTAL 378 INTEREST EXPENSE 83 TOTAL 64,085 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | REDUCTION IN CURRENT LIABILITIES 537 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | CREDIT CARDS 3,828 1,780 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III, LINE 28 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | WATER WEST |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6306652300 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-09-02 |
| 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 | 8150 PERRY HIGHWAY SUITE 208 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | PITTSBURGH |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | PA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 15237 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 453570847 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | WCG INC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2393 FLYING HORSE CLUB DR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | COLORADO SPRINGS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 809217012 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7193879800 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-10-01 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | TINA WATSON CPA |
| ReturnHeader/ReturnTs | 0 | 2022-10-11T20:29:43-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | RICHARD T |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | BAKER |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $17,537
- Liabilities
- $1,780
- Net assets
- $15,757
- Revenue
- $65,743
- Expenses
- $74,401
- Net income
- -$8,658