STRATEGY STUDIO / PUBLIC DATA EXPLORER

PRISM: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
PRISM (EIN 68-0573199)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-08-01
IRS object ID
202212139349100451
Schema version
2021v4.0
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)
Return2022-08-01T08:42:14-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

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 Begin2021-01-01TaxPeriodBeginDt

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
Signature2022-07-25SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstPATTIPersonFirstNm
Person LastCHURNERPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonFRANK KERBYPreparerPersonNm
PTINP01317596PTIN
Phone9725421233PhoneNum
Preparation2022-07-24PreparationDt
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,770FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$5InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$5InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$5InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss$5TotalRevAndExpnssAmt
Total Net Invst Incm$5TotalNetInvstIncmAmt
Total Adj Net Incm$5TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,848AccountingFeesRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss$1,635TravConfMeetingRevAndExpnssAmt
Other Expenses Rev And Expnss$256OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$3,739TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$86,358ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$86,358ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$90,097TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$86,358TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$90,092ExcessRevenueOverExpensesAmt
Net Investment Income$5NetInvestmentIncomeAmt
Adjusted Net Income$5AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$91,863SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$1,770SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$1,770SavAndTempCashInvstEOYFMVAmt
Corporate Bonds BOY$276,715CorporateBondsBOYAmt
Corporate Bonds EOY$276,716CorporateBondsEOYAmt
Total Assets BOY$368,578TotalAssetsBOYAmt
Total Assets EOY$278,486TotalAssetsEOYAmt
Total Assets EOYFMV$1,770TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$368,578NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$278,486NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$368,578TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$278,486TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$368,578TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$278,486TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$368,578TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$90,092ExcessRevenueOverExpensesAmt
Subtotal$278,486SubtotalAmt
Tot Net Ast Or Fund Balances EOY$278,486TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

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$313,036AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$38,939AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$351,975TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$351,975AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$5,280CashDeemedCharitableAmt
Net Vl Noncharitable Assets$346,695NetVlNoncharitableAssetsAmt
Minimum Investment Return$17,335MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$17,335MinimumInvestmentReturnAmt
Distributable Before Adj$17,335DistributableBeforeAdjAmt
Distributable Before Ded$17,335DistributableBeforeDedAmt
Distributable As Adjusted$17,335DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$86,358ExpensesAndContributionsAmt
Qualifying Distributions$86,358QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$17,335DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$69,600ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$76,966ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$41,993ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$74,313ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$50,398ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$313,270TotalExcessDistributionCyovAmt
Qualifying Distributions$86,358QualifyingDistributionsAmt
Applied To Current Year$17,335AppliedToCurrentYearAmt
Remaining Distri From Corpus$69,023RemainingDistriFromCorpusAmt
Total Corpus$382,293TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$69,600ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$312,693ExcessDistriCyovToNextYrAmt
Excess From Year4$76,966ExcessFromYear4Amt
Excess From Year3$41,993ExcessFromYear3Amt
Excess From Year2$74,313ExcessFromYear2Amt
Excess From Year1$50,398ExcessFromYear1Amt
Excess From Current Year$69,023ExcessFromCurrentYearAmt

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 (16 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
FIRST UNITED METHODIST CHURCH
315 N CHURCH STMCKINNEYTX75069NONESUPPORT$31,408
HOPE OF THE POKOMCHI
610 ATHERTON AVENOVATOCA94945NONESUPPORT$15,000
WESTON VOLUNTEER FIRE DEPT
PO BOX 32WESTONTX75097NONESUPPORT$200
DALLAS MUSEUM OF ART
1717 N HARWOOD STREETDALLASTX75201NONESUPPORT$100
PLANNED PARENTHOOD
123 WILLIAM STNEW YORKNY10038NONESUPPORT$2,00010TH FLOOR
LYDIA PATTERSON INSTITUTE
517 S FLORENCE STEL PASOTX79901NONESUPPORT$12,001
KERA
3000 HARRY HINES BLVDDALLASTX75201NONESUPPORT$1,500
NORTH TEXAS FOOD BANK
3677 MAPLESHADE LNPLANOTX75075NONESUPPORT$100
CHILDREN'S ADVOCACY CENTER
2205 LOS RIOS BLVDPLANOTX75074NONESUPPORT$200
COMMUNITY LIFELINE
1601 N WADDILL STMCKINNEYTX75069NONESUPPORT$550SUITE 102
HUGS CAFE
224 E VIRGINIA STMCKINNEYTX75069NONESUPPORT$199
UT SOUTHWESTERN MEDICAL CENTER
5323 HARRY HINES BLVDDALLASTX75390NONESUPPORT$1,000
COMMUNITY FOOD PANTRY
307 SMIOTH STREETMCKINNEYTX75069NONESUPPORT$200
SPLC
400 WASHINGTON AVEMONTGOMERYAL36104NONESUPPORT$350
MCKINNEY EDUCATION FOUNDATION
510 W HEARD STMCKINNEYTX75069NONESUPPORT$20,750
THE SAMARITAN INN
1514 N MCDONALD STMCKINNEYTX75071NONESUPPORT$800
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$86,358TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$5RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$5RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$5TotalIncomeProducingActyAmt

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$1,848Amt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondISHARESBondNm
EOY Book Value$276,716EOYBookValueAmt

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$256