Skip to main content
Filing year 2024

PREPARE INC

Gaithersburg, Maryland·EIN 87-3510314·NTEE P20 · Human Services·501(c)(3)
Total revenue
$326k
Total assets
$282k
Total expenses
$360k
Reported officers
14
Mission

Empower People to Make their Best Case for Parole and Develop and Execute Successful Reentry Plans

Executive compensation

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Human Services organizations nationwide.

Co-founder Director of Advocacy
Key Employee
25th percentile to median
$44k
$46k
Co-founder Director of Parole
Officer (Unspecified)
$30k
$32k
Founder Director of Second Chance
Board Member
25th percentile to medianvs Human Services peers in Maryland
$19k
$20k
Bookkeeper Treasurer to the Board
Board Treasurer
25th percentile to median
$8k
$8k
Co-founder Director of Developmen
Key Employee
Below 10th percentile
$4k
$4k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Browse compensation in Human Services

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at PREPARE INC equaled 12% of the organization's total expenses. The median for human services organizations is 8%.

This organization (2024)
12%
Sector median
8%
Middle half of sector
3% to 17%

Based on 26,698 human services organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 32%
from 2023

From $65k in 2023 to $44k in 2024.

$65k
2023
$44k
2024
In today's dollarsEst.
Down 35% in real terms$71k to $46k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Key Employee pay fell 32% from 2023 to 2024, while revenue fell 29%.

$65k in 2023 to $44k in 2024.
  • Board Member pay fell 2% from 2023 to 2024.
  • Board Treasurer pay held roughly steady from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about PREPARE INC

What does the Key Employee of PREPARE INC earn?

In 2024, the Key Employee of PREPARE INC received $43,771 in total compensation. This pay is below the median (the midpoint) for Key Employee roles among Human Services organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Key Employee pay at PREPARE INC compare with similar nonprofits?

Compared with the same role at Human Services organizations nationwide, the 2024 pay of the Key Employee at PREPARE INC falls between the 25th percentile and the median. In 2024, the highest total compensation at PREPARE INC equaled 12% of the organization's total expenses. The median for human services organizations is 8%.

What are PREPARE INC's revenue and expenses?

In 2024, PREPARE INC reported $326k in total revenue and $360k in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.