Wisconsin · Nonprofit
PRISM Economic Development Corporation
PRISM Economic Development Corporation (Wisconsin) receives grants from 20 organizations whose IRS filings report $1,189,888 to it, the largest being UNITED WAY OF GREATER MILWAUKEE & WAUKESHA COUNTY INC ($545,500). 7 of them have funded it in more than one year.
- Revenue FY2024
- $412k
- Funders on record
- 20
- Grants received
- $1.2M
- Net assets
- $701k
What PRISM Economic Development Corporation does
Mission
PRISM EDC exists to provide the Sherman Park Community access to resources that result in sustained economic growth and human flourishing.
As stated on its FY2024 Form 990.
Programs
On its FY2024 return the organization reported starting a significant new program.
Cultivate - Using hydroponic systesms, we engage youth to grow leafy vegetables, culinary herbs, and infused water to sell at retailers.
Its own explanation, from Schedule O of that return (Part III, line 2).
Upstart Kitchen - Provided a kitchen to budding entrepreneurs in economically depressed communities so that they have access to a professional-grade kitchen and ecosystem of community support. The Kitchen also served multiple catering events for local events that allowed some of the entrepreneurs to hone their skills and make their products known to others.
$195,166 spent$27,236 earned by the program67% of program spendingCultivate You - Engages high school-aged youth in growing leafy green vegetables, culinary herbs, infused water and more using hydroponic systems. Participants then seek to sell their products to local retailers. We engaged 9 high school youth in 2024.
$50,865 spent17% of program spendingMedical Meals - Our focus for our meals program has shifted its focus from providing meals to the community to providing meals to those recovering from medical treatments. We provide delicious, nutritionally tailored meals to support individuals managing chronic illnesses or recovering from medical treatments. Designed by healthcare professionals and chefs, our meals promote healing, enhance well-being, and make healthy eating effortless.We provided 1,445 meals to
$46,685 spent16% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $292,716.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $1.2M to $745k (−37%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 16% · 2021 27% · 2022 17% · 2023 9%. Grants only. Government contracts and fees sit inside program revenue.
108% of PRISM Economic Development Corporation’s revenue is contributions — more reliant on donations than three-quarters of its peers (91% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Walter Harvey
Executive Director
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2023 and FY2024 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 6 funders, grant income rose $3k → $321k.
5 of 20 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 23% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of PRISM Economic Development Corporation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
PRISM Economic Development Corporation leans on a few funders — its largest provides 46% of grant income and the top three 76%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
81% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund PRISM Economic Development Corporation.
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 55% · 2020 73% · 2021 44% · 2022 64% · 2023 73% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
17% of PRISM Economic Development Corporation's funders are still giving 3 years after their first grant; 35% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
88% of PRISM Economic Development Corporation's grant income comes from Wisconsin funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $276k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
PRISM Economic Development Corporation runs a healthier operating margin than half of the 21,616 human services nonprofits its size.
this organization peer median middle 50% of peers· 21,616 human services nonprofits $100k–$1M, FY2024
Organizations like PRISM Economic Development Corporation
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Wisconsin
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
78% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for PRISM Economic Development Corporation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds PRISM Economic Development Corporation?
- PRISM Economic Development Corporation (Wisconsin) receives grants from 20 organizations whose IRS filings report $1,189,888 to it, the largest being UNITED WAY OF GREATER MILWAUKEE & WAUKESHA COUNTY INC ($545,500). 7 of them have funded it in more than one year.
- How many funders does PRISM Economic Development Corporation have?
- IRS filings report 20 organizations giving $1,189,888 in grants to PRISM Economic Development Corporation, 7 of which have funded it in more than one year.
- Who is the largest funder of PRISM Economic Development Corporation?
- UNITED WAY OF GREATER MILWAUKEE & WAUKESHA COUNTY INC is the largest funder on record, with $545,500 in grants. The full list of funders is on this page.
- How can an organization like PRISM Economic Development Corporation find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Wisconsin. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds PRISM Economic Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 20 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing