PRISM: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
PRISM (EIN 68-0573199)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-12-15
IRS object ID
202533499349100508
Schema version
2024v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-12-15T10:24:47-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN455631866PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KERBY & KERBY PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1040AddressLine1Txt
CityMC KINNEYCityNm
State AbbreviationTXStateAbbreviationCd
ZIP750701040ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN680573199EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PRISM FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPRISBusinessNameControlTxt
Phone9725480771PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16831 COTTAGE HILL LANEAddressLine1Txt
CityCELINACityNm
State AbbreviationTXStateAbbreviationCd
ZIP75009ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPATTI CHURNERPersonNm
Person TitlePRESIDENTPersonTitleTxt
Signature2025-11-03SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonFRANK KERBYPreparerPersonNm
PTINP01317596PTIN
Phone9725421233PhoneNum
Preparation2025-11-04PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$74,327FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$5,203DividendsRevAndExpnssAmt
Dividends Net Invst Incm$5,203DividendsNetInvstIncmAmt
Dividends Adj Net Incm$5,203DividendsAdjNetIncmAmt
Total Rev And Expnss$5,203TotalRevAndExpnssAmt
Total Net Invst Incm$5,203TotalNetInvstIncmAmt
Total Adj Net Incm$5,203TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,625AccountingFeesRevAndExpnssAmt
Interest Rev And Expnss$15InterestRevAndExpnssAmt
Taxes Rev And Expnss$76TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$1,207OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$2,923TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$56,524ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$44,979ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$59,447TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$44,979TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$54,244ExcessRevenueOverExpensesAmt
Net Investment Income$5,203NetInvestmentIncomeAmt
Adjusted Net Income$5,203AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$128,353SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$74,327SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$74,327SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$128,353TotalAssetsBOYAmt
Total Assets EOY$74,327TotalAssetsEOYAmt
Total Assets EOYFMV$74,327TotalAssetsEOYFMVAmt
Accounts Payable BOY$39,606AccountsPayableBOYAmt
Accounts Payable EOY$39,824AccountsPayableEOYAmt
Total Liabilities BOY$39,606TotalLiabilitiesBOYAmt
Total Liabilities EOY$39,824TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$88,747NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$34,503NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$88,747TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$34,503TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$128,353TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$74,327TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$88,747TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$54,244ExcessRevenueOverExpensesAmt
Subtotal$34,503SubtotalAmt
Tot Net Ast Or Fund Balances EOY$34,503TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$72InvestmentIncomeExciseTaxAmt
Subtotal$72SubtotalAmt
Tax Based On Investment Income$72TaxBasedOnInvestmentIncomeAmt
Tax Due$72TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksPATTI CHURNERIndividualWithBooksNm
Phone9725480771PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line16831 COTTAGE HILL LANEAddressLine1Txt
CityCELINACityNm
State AbbreviationTXStateAbbreviationCd
ZIP75009ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
RUDOLF CHURNER
6831 COTTAGE HILL LANECELINATX75009TREASURER000.00$0$0$0
PATTI CHURNER
6831 COTTAGE HILL LANECELINATX75009PRESIDENT000.00$0$0$0
RACHEL CHURNER
6831 COTTAGE HILL LANECELINATX75009DIRECTOR000.00$0$0$0
LEAH CHURNER
6831 COTTAGE HILL LANECELINATX75009DIRECTOR000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$51AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$51TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$51AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$1CashDeemedCharitableAmt
Net Vl Noncharitable Assets$50NetVlNoncharitableAssetsAmt
Minimum Investment Return$3MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$3MinimumInvestmentReturnAmt
Tax Based On Investment Income$72TaxBasedOnInvestmentIncomeAmt
Total Tax$72TotalTaxAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$44,979ExpensesAndContributionsAmt
Qualifying Distributions$44,979QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$74,313ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$50,398ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$69,023ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$66,376ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$37,810ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$297,920TotalExcessDistributionCyovAmt
Qualifying Distributions$44,979QualifyingDistributionsAmt
Remaining Distri From Corpus$44,979RemainingDistriFromCorpusAmt
Total Corpus$342,899TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$74,313ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$268,586ExcessDistriCyovToNextYrAmt
Excess From Year4$50,398ExcessFromYear4Amt
Excess From Year3$69,023ExcessFromYear3Amt
Excess From Year2$66,376ExcessFromYear2Amt
Excess From Year1$37,810ExcessFromYear1Amt
Excess From Current Year$44,979ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerRUDOLF CHURNERContributingManagerNm
Contributing ManagerPATTI B CHURNERContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
FIRST UNITED METHODIST CHURCH
315 N CHURCH STMCKINNEYTX75069NONESUPPORT$11,392
HOPE OF THE POKOMCHI
610 ATHERTON AVENOVATOCA94945NONESUPPORT$5,887
PLANNED PARENTHOOD
123 WILLIAM STNEW YORKNY10038NONESUPPORT$1,50010TH FLOOR
LYDIA PATTERSON INSTITUTE
517 S FLORENCE STEL PASOTX79901NONESUPPORT$25,200
KERA
3000 HARRY HINES BLVDDALLASTX75201NONESUPPORT$500
SPLC
400 WASHINGTON AVEMONTGOMERYAL36104NONESUPPORT$300
MANEGAIT
3160 N CUSTER RDMCKINNEYTX75071NONESUPPORT$200
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$44,979TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$5,203ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$5,203ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$5,203TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (3 entries)

Line NumberLineNumberTxtRelationship StatementRelationshipStatementTxt
3INTEREST EARNED SUPPORTS THE DAILY OPERATIONS OF THE FOUNDATION BY ALLOWING ADDITIONAL MONEY TO BE AVAILABLE FOR GRANTS TO WORTHY DONEES.
4DIVIDEND INCOME SUPPORTS THE DAILY OPERATIONS OF THE FOUNDATION BY ALLOWING ADDITIONAL MONEY TO BE AVAILABLE FOR GRANTS TO WORTHY DONEES.
8MARKETABLE SECURITIES WERE SOLD AND A LOSS REALIZED SO THAT INVESTMENTS COULD BE REPOSITIONED TO PROVIDE A GREATER RATE OF RETURN TO THE FOUNDATION. THIS WILL ALLOW ADDITIONAL MONEY TO BE AVAILABLE FOR GRANTS TO WORTHY DONEES.

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$1,625Amt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondISHARESBondNm

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockRMA MONEY MARKETStockNm

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
SUPPLIES$1,207

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Amt$76Amt

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