Liabilities / Assets
76th percentile
Higher debt load relative to assets than 76% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.05x
Liabilities / Revenue
69th percentile
Higher debt load relative to revenue than 69% of similar nonprofits.
Net Margin
66th percentile
Higher net margin than 66% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
93rd percentile
Faster asset growth than 93% of similar nonprofits.
Revenue Growth
83rd percentile
Faster revenue growth than 83% of similar nonprofits.
Balance Sheet
Assets
Up$38,652
Up $21,115 (+120%) from 2021
Net Assets
Up$36,569
Up $20,812 (+132%) from 2021
Liabilities
Up$2,083
Up $303 (+17%) from 2021
Revenue And Expenses
Revenue
Up$128,221
Up $62,478 (+95%) from 2021
Expenses
Up$107,333
Up $32,932 (+44%) from 2021
Net Income
Up$20,888
Up $29,546 (+341%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Mar 4, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $128,221
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. | - | $107,333 |
| 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
- 2023-03-04
- 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 16
“Expenses advertising and promotion 1,977 bank/merchant fees 420 office supplies & software 12,600 payroll expenses 1,196 tuition refund 98 it services 47,600 room rental 50 meals 2,697 total 66,638”
Form 990-ez, Part I, Line 20
“-76”
Form 990-ez, Part II, Line 26
“CREDIT CARDS 1,780 2,083”
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 Appendix125 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 | 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 | 17537 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 38652 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 20888 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 36820 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 17537 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 38652 |
| IRS990EZ/GrossReceiptsAmt | 0 | 128221 |
| 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 | 15757 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 36569 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 15757 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 36569 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 000.00 |
| 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 | -76 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 66638 |
| 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/ProgramServiceRevenueAmt | 0 | 128221 |
| 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 | 107333 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 3875 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 1780 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 2083 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 107333 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 107333 |
| IRS990EZ/TotalRevenueAmt | 0 | 128221 |
| 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 | EXPENSES ADVERTISING AND PROMOTION 1,977 BANK/MERCHANT FEES 420 OFFICE SUPPLIES & SOFTWARE 12,600 PAYROLL EXPENSES 1,196 TUITION REFUND 98 IT SERVICES 47,600 ROOM RENTAL 50 MEALS 2,697 TOTAL 66,638 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | -76 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | CREDIT CARDS 1,780 2,083 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 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 | 4 | 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 | 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/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 28 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| 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 | 2023-03-04 |
| 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/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| 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 | 2023-03-29 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | TINA WATSON CPA |
| ReturnHeader/ReturnTs | 0 | 2023-03-30T11:12:28-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | RICHARD T |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | BAKER |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $38,652
- Liabilities
- $2,083
- Net assets
- $36,569
- Revenue
- $128,221
- Expenses
- $107,333
- Net income
- $20,888