Civic Intelligence

Prospect Foundation Inc

EIN 20-5278991 • 501(c)3 • Louisville, KY

Profile

Educational and Religious activities

4711 Progress BlvdLouisville, KY 40218

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

80th percentile

28%

Higher net margin than 80% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

70th percentile

12%

Faster asset growth than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

63rd percentile

9.4%

Faster revenue growth than 63% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$199,756

Up $21,079 (+12%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Up

$200,090

Up $21,389 (+12%) from 2022

Operations
Liabilities / Revenue62nd percentileNet Margin80th percentile

Revenue

Up

$75,207

Up $6,447 (+9.4%) from 2022

Expenses

Up

$53,794

Up $2,177 (+4.2%) from 2022

Net Income

Up

$21,413

Up $4,270 (+25%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth70th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2011: $1Liabilities 2011: $02011Assets 2012: $4Liabilities 2012: $02012Assets 2021: $161,558Liabilities 2021: $0Net Assets 2021: $161,5582021Assets 2022: $178,677Liabilities 2022: $0Net Assets 2022: $178,7012022Assets 2023: $199,756Liabilities 2023: $0Net Assets 2023: $200,0902023

Highlighted filing

2023

Assets$199,756
Liabilities$0
Net Assets$200,090
Open 2023 Filing

Operations Trend

Revenue Growth63rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $26,339Expenses 2011: $26,642Net Income 2011: -$3032011Revenue 2012: $26,500Expenses 2012: $26,496Net Income 2012: $42012Revenue 2021: $219,329Expenses 2021: $60,291Net Income 2021: $159,0382021Revenue 2022: $68,760Expenses 2022: $51,617Net Income 2022: $17,1432022Revenue 2023: $75,207Expenses 2023: $53,794Net Income 2023: $21,4132023

Highlighted filing

2023

Revenue$75,207
Expenses$53,794
Net Income$21,413
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$199,756
Liabilities
$0
Net assets
$200,090
Revenue
$75,207
Expenses
$53,794
Net income
$21,413
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$2.00$0.00$2.00$0.75$0.54$0.21
2022Detailed filing. Detailed filing data is available for this year.$1.79$0.00$1.79$0.69$0.52$0.17
2021Detailed filing. Detailed filing data is available for this year.$1.62$0.00$1.62$2.19$0.60$1.59
2012Summary only. Only limited summary data is available for this year.$0.00$0.00$0.27$0.26$0.00
2011Summary only. Only limited summary data is available for this year.$0.00$0.00$0.26$0.27$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 15, 2024
Return Version
2023v5.0
Gross Receipts
$75,207
Mission and Program Overview

Mission

Educational and religious activities in its own facility.

Educational and Religious activities

Program Services

DescriptionGrantsExpenses
Religious and Educational activities in its own facility-$46,726
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ISMAIL MADZHITOVPresident-$0--
BOKHODIR MAMEDOVVice President-$0--
YUNUS CHALAYEVSecretary-$0--
HAMZA SAFAROVTreasurer-$0--
CUNEYT TEGINDirector-$0--
Filing and Contact Details

Filer

Filer Name
Prospect Foundation Inc
EIN
20-5278991
In Care Of
% ISMAIL MADZHITOV
Address
4711 PROGRESS BLVD, Louisville, KY 40218

Signing Officer

Name
Ismail Madzhitov
Title
President
Phone
9372121255
Signed
2024-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Confidence Accounting Services LLC
Address
345 CLIFTON AVE, CLIFTON, NJ 07011-2618
Preparer
James Guest
Phone
2014066825
Supplemental Narrative

Additional Explanations

Part I Line 16

“Information technology $1449.00”

Part I Line 16

“Conferences, conventions, and meetings $4354.00”

Part I Line 16

“Insurance $5143.00”

Part I Line 16

“BANK FEE $150.00”

Part I Line 16

“BUSINESS LICENSES $25.00”

Raw XML Appendix157 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0ISMAIL MADZHITOV
IRS990EZ/BooksInCareOfDetail/PhoneNum05023035759
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04711 PRORESS BLVD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOUISVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd040218
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt035805
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt059448
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt045714
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt021413
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt017300
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0178677
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0199756
IRS990EZ/GrossReceiptsAmt075207
IRS990EZ/InvestmentIncomeAmt029493
IRS990EZ/LandAndBuildingsGrp/BOYAmt0142872
IRS990EZ/LandAndBuildingsGrp/EOYAmt0140308
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0178677
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0200090
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0178677
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0199756
IRS990EZ/OccupancyRentUtltsAndMaintAmt025373
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ISMAIL MADZHITOV
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BOKHODIR MAMEDOV
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2YUNUS CHALAYEV
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3HAMZA SAFAROV
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CUNEYT TEGIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt011121
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Educational and Religious activities
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Religious and Educational activities in its own facility
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt046726
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0KY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt053794
IRS990EZ/TotalProgramServiceExpensesAmt046726
IRS990EZ/TotalRevenueAmt075207
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt045714
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt039760
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0199781
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0285255
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt029493
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt029000
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt019548
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt078041
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.78519
IRS990ScheduleA/PublicSupportPY170Pct00.83148
IRS990ScheduleA/PublicSupportTotal170Amt0285255
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt045714
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt039760
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0199781
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0285255
IRS990ScheduleA/TotalSupportAmt0363296
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Information technology $1449.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conferences, conventions, and meetings $4354.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $5143.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BANK FEE $150.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BUSINESS LICENSES $25.00
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part I Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ISMAIL MADZHITOV
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09372121255
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROSPECT FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0PROS
ReturnHeader/Filer/EIN0205278991
ReturnHeader/Filer/InCareOfNm0% ISMAIL MADZHITOV
ReturnHeader/Filer/USAddress/AddressLine1Txt04711 PROGRESS BLVD
ReturnHeader/Filer/USAddress/CityNm0Louisville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040218
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0475513111
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CONFIDENCE ACCOUNTING SERVICES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0345 CLIFTON AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CLIFTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0070112618
ReturnHeader/PreparerPersonGrp/PhoneNum02014066825
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES GUEST
ReturnHeader/ReturnTs02024-05-15T16:34:38-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ISMAIL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MADZHITOV
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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