Civic Intelligence

Prospect Foundation Inc

990EZ • Fiscal year 2022 • EIN 20-5278991

Jan 01, 2022 to Dec 31, 2022 • Filed on Sep 14, 2023

Organization ProfileN/A
4711 Progress BlvdLouisville, KY 40218

(502) 303-5759

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

75th percentile

25%

Higher net margin than 75% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

63rd percentile

11%

Faster asset growth than 63% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

7th percentile

-69%

Faster revenue growth than 7% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$178,677

Up $17,119 (+11%) from 2021

Net Assets

Up

$178,701

Up $17,143 (+11%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin75th percentile

Revenue

Down

$68,760

Down $150,569 (-69%) from 2021

Expenses

Down

$51,617

Down $8,674 (-14%) from 2021

Net Income

Down

$17,143

Down $141,895 (-89%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth63rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2022

Assets$178,677
Liabilities$0
Net Assets$178,701
Open 2022 Filing

Operations Trend

Revenue Growth7th percentile

Revenue, expenses, and net income across loaded years, with this 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

2022

Revenue$68,760
Expenses$51,617
Net Income$17,143
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 14, 2023
Return Version
2022v5.0
Gross Receipts
$68,760
Mission and Program Overview

Mission

Educational and religious activities in its own facility.

501 c3

Program Services

DescriptionGrantsExpenses
RELIGIOUS AND EDUCATIONAL ACTIVITIES-$48,188
Compensation and Service Providers
Top Officer Pay78th 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
2023-09-14
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 $2285.00”

Part I Line 16

“Depreciation, depletion, and amortization $2564.00”

Part I Line 16

“Insurance $3458.00”

Part I Line 16

“BANK SERVICES $144.00”

Part I Line 16

“Program expenses $2158.00”

Raw XML Appendix153 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
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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/BOYAmt016122
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt035805
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt039760
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt017143
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt015400
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0161558
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0178677
IRS990EZ/GrossReceiptsAmt068760
IRS990EZ/InvestmentIncomeAmt029000
IRS990EZ/LandAndBuildingsGrp/BOYAmt0145436
IRS990EZ/LandAndBuildingsGrp/EOYAmt0142872
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0161558
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0178701
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0161558
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0178677
IRS990EZ/OccupancyRentUtltsAndMaintAmt025608
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/OtherExpensesTotalAmt010609
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0501 c3
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0RELIGIOUS AND EDUCATIONAL ACTIVITIES
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt048188
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/TotalExpensesAmt051617
IRS990EZ/TotalProgramServiceExpensesAmt048188
IRS990EZ/TotalRevenueAmt068760
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt039760
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0199781
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0239541
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt029000
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt019548
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt048548
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.83148
IRS990ScheduleA/PublicSupportTotal170Amt0239541
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt039760
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0199781
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0239541
IRS990ScheduleA/TotalSupportAmt0288089
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Information technology $2285.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation, depletion, and amortization $2564.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $3458.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BANK SERVICES $144.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROGRAM EXPENSES $2158.00
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/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ISMAIL MADZHITOV
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09372121255
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-09-14
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/PreparationDt02023-09-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES GUEST
ReturnHeader/ReturnTs02023-09-14T16:49:19-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ISMAIL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MADZHITOV
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$178,677
Liabilities
$0
Net assets
$178,701
Revenue
$68,760
Expenses
$51,617
Net income
$17,143
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