Charity Search / PRISM ECONOMIC DEVELOPMENT CORPORATION
Human Services (P40) IRS Verified DX Registered 990 on File

PRISM ECONOMIC DEVELOPMENT CORPORATION

EIN: 27-4679627 · MILWAUKEE, WI 53216-3074 · United States · FY 2024 Data
3 out of 5
CharityAI™ Score
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Mission Statement

VISION: PRISM EDC aspires to be the premier provider of services and opportunities that help people experience greater self-sufficiency, dignity and hope for their lives. ?MISSION: PRISM exists to provide the Sherman Park Community access to resources that result in sustained economic growth and human flourishing. BRIGADE MKE is a collaborative, city-wide initiative providing culinary and hospitality education to Milwaukee youth aged 14-22. An offshoot of the nationally recognized Shular Institute, the goal of Brigade MKE is to change lives and support the local workforce in the greater Milwaukee area, ensuring that young people have the skills they need to establish successful careers in high demand industries that have opportunity for growth.

Financial Overview — FY 2024
$412K
Total Revenue
$376K
Total Expenses
$701K
Net Assets
3
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 77.8%
Fundraising Efficiency N/A
Operating Reserve 22.35x
Liability-to-Asset 7.3%
Revenue Diversification 107.9%
Executive Compensation $52K
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $412K $376K $701K 77.8% 3
2023 $806K $1.1M $665K 84.0% 4
2022 $1.2M $755K $1.0M 86.2% 4
2021 $739K $502K N/A 6
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Organization Details
EIN
27-4679627
State
WI
City
MILWAUKEE
ZIP
53216-3074
Classification
P40
Category
Human Services
Rating
54★
Last Updated
Aug 2026
IRS Ruling Year
2011
Foundation Code
15
Form 990
On File
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