Civic Intelligence

Prosperity Social & Community Development Group Inc.

990 • Fiscal year 2023 • EIN 45-3110101

Aug 01, 2022 to Jul 31, 2023 • Filed on Feb 13, 2024

1175 NE 125th St Ste 400North Miami, FL 33161-5011

(786) 773-1345

Siviq Scores

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

Liabilities / Assets

98th percentile

1.66x

Higher debt load relative to assets than 98% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

67th percentile

0.22x

Higher debt load relative to revenue than 67% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

55th percentile

6.6%

Higher net margin than 55% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

60th percentile

$83,200

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 7.6% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

94th percentile

100%

Faster asset growth than 94% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

86th percentile

62%

Faster revenue growth than 86% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$144,601

Up $72,420 (+100%) from 2022

Net Assets

Up

-$94,989

Up $91,758 (+49%) from 2022

Liabilities

Down

$239,590

Down $19,338 (-7.5%) from 2022

Revenue

Up

$1,091,539

Up $419,234 (+62%) from 2022

Expenses

Up

$1,019,481

Up $349,182 (+52%) from 2022

Net Income

Up

$72,058

Up $70,052 (+3492%) from 2022

Historical Trend

Balance Sheet Trend

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

$400K$200K$0-$200K-$400KAssets 2017: $420Liabilities 2017: $8,290Net Assets 2017: -$7,8702017Assets 2018: $5,126Liabilities 2018: $30,805Net Assets 2018: -$25,6792018Assets 2019: $8,008Liabilities 2019: $79,848Net Assets 2019: -$71,8402019Assets 2020: $8,444Liabilities 2020: $140,231Net Assets 2020: -$131,7872020Assets 2021: $56,654Liabilities 2021: $169,481Net Assets 2021: -$112,8272021Assets 2022: $72,181Liabilities 2022: $258,928Net Assets 2022: -$186,7472022Assets 2023: $144,601Liabilities 2023: $239,590Net Assets 2023: -$94,9892023Assets 2024: $147,821Liabilities 2024: $358,511Net Assets 2024: -$210,6902024Assets 2025: $149,359Liabilities 2025: $324,257Net Assets 2025: -$174,8982025

Highlighted filing

2023

Assets$144,601
Liabilities$239,590
Net Assets-$94,989

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2017: $101,055Expenses 2017: $112,302Net Income 2017: -$11,2472017Revenue 2018: $103,346Expenses 2018: $121,155Net Income 2018: -$17,8092018Revenue 2019: $172,474Expenses 2019: $218,635Net Income 2019: -$46,1612019Revenue 2020: $280,037Expenses 2020: $360,515Net Income 2020: -$80,4782020Revenue 2021: $398,499Expenses 2021: $406,277Net Income 2021: -$7,7782021Revenue 2022: $672,305Expenses 2022: $670,299Net Income 2022: $2,0062022Revenue 2023: $1,091,539Expenses 2023: $1,019,481Net Income 2023: $72,0582023Revenue 2024: $1,194,553Expenses 2024: $1,310,257Net Income 2024: -$115,7042024Revenue 2025: $1,689,577Expenses 2025: $1,653,785Net Income 2025: $35,7922025

Highlighted filing

2023

Revenue$1,091,539
Expenses$1,019,481
Net Income$72,058
Jump To
Filing Snapshot
Filing Period
Aug 1, 2022 to Jul 31, 2023
Signed
Feb 13, 2024
Return Version
2022v5.0
Gross Receipts
$1,091,539
Mission and Program Overview

Mission

Create opportunities to stimulate and revitalize social and economic development in under-served communities throughout Miami-Dade County serving minority groups, immigrants, women, teen-girls, the homeless and ex-offenders.

Create opportunities to stimulate and revitalize social and economic development in under-served communities throughout Miami-Dade County serving minority groups immigrants women teen-girls the homeless and ex-offenders.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$25,264$113,922▲ $88,658
Accounts Receivable$9,252$28,691▲ $19,439
Prepaid Expenses and Deferred Charges$1,988$1,988→ $0
Land, Buildings, and Equipment, Net$901$0▼ $901
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-211,180$-94,989▲ $116,191
Total Assets$37,405$144,601▲ $107,196
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$99,300$200,600▲ $101,300
Unsecured Notes Loans Payable$145,634$35,870▼ $109,764
Accounts Payable and Accrued Expenses$3,651$3,120▼ $531
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$248,585$239,590▼ $8,995
Net Assets / Fund Balance
Total Net Assets Fund Balance$-211,180$-94,989▲ $116,191
Total Liabilities and Net Assets / Fund Balance$37,405$144,601▲ $107,196

Asset Categories

AssetBook ValueDepreciationBasis
Land$0-$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Nadege VilsaintExecutive DirectorFT$83,200$83,200

Board Members and Trustees

NameTitle
Carolyn Franci-royerChairwoman
Katia DespagneVice-chairperson
Lee MondesirBoard Member
Witza NizsaSecreatary
Rose JulesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$934,278
Program Service Revenue
$157,261
Investment Income
$0
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$72,058

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,091,539
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,091,539
Total Revenue per Form 990
$1,091,539
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$641,435
Salaries, Compensation, and Employee Benefits$378,046
Total Fundraising Expense$17,017
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$272,582$77,638$0$350,220
Occupancy$9,510$38,964$0$48,474
All Other Expenses$10,607$22,968$12,559$46,133
Insurance$20,220$8,336$0$28,556
Payroll Taxes$27,826$0$0$27,826
Office Expenses$14,510$5,746$0$20,256
Other Expenses$11,416$3,672$458$15,546
Advertising$1,180$9,143$0$10,322
Information Technology$4,028$3,919$0$7,946
Travel$2,754$1,828$0$4,583
Interest$0$2,658$0$2,658
Depreciation Depletion$721$180$0$901
Total Functional Expenses$703,143$299,322$17,017$1,019,481

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,019,481
Total Expenses per Audited Statements$1,019,481
Total Expenses per Form 990$1,019,481
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
SBAD Treasury Loan$200,600
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 11B

The form 990 is distributed to the board members and is reviewed and approved by the board.

Part VI, Line 12C

The fact of such relationship or interest is disclosed or known to the board of directors which authorizes approves or ratifies the contract or transaction by a vote or consent sufficient for the purpose without counting the votes or consents of any interested members of the board of directors.common or interested directors officers or committee members may be counted in determining the presence of a quorum at a meeting of the board of directors which participates in any matter in which an such common or interested director or officer is engaged.

Part VI, Line 19

Documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Prosperity Social & Community Development Group Inc
EIN
45-3110101
In Care Of
% Nadege Vilsaint
Phone
7867731345
Address
1175 NE 125TH ST STE 400, NORTH MIAMI, FL 33161-5011

Signing Officer

Name
Nadege Vilsaint
Title
Executive Director
Signed
2024-02-13
Discuss with paid preparer
Yes

Organization Details

Formed
2011
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
Employees
29
Volunteers
5

Preparer

Firm
Kilgour & Associates LLC
Address
15715 SOUTH DIXIE HIGHWAY S202, MIAMI, FL 33157
Preparer
Marlon Kilgour
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IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
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IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
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IRS990/IRPDocumentCnt011
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IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0901
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0FL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
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IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
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IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0Create opportunities to stimulate and revitalize social and economic development in under-served communities throughout Miami-Dade County serving minority groups immigrants women teen-girls the homeless and ex-offenders.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
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IRS990/NetAssetsOrFundBalancesEOYAmt0-94989
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IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
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IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
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IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoncashContributionsAmt00
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IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt038964
IRS990/OccupancyGrp/ProgramServicesAmt09510
IRS990/OccupancyGrp/TotalAmt048474
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05746
IRS990/OfficeExpensesGrp/ProgramServicesAmt014510
IRS990/OfficeExpensesGrp/TotalAmt020256
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
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IRS990/OtherAssetsTotalGrp/BOYAmt00
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IRS990/OtherExpensesGrp/Desc0Professional Fees
IRS990/OtherExpensesGrp/Desc1Business Registration Fees
IRS990/OtherExpensesGrp/Desc2Program Costs
IRS990/OtherExpensesGrp/Desc3Program Meals
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IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt3458
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt222684
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IRS990/OtherExpensesGrp/ProgramServicesAmt237209
IRS990/OtherExpensesGrp/ProgramServicesAmt311416
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IRS990/OtherExpensesGrp/TotalAmt11593
IRS990/OtherExpensesGrp/TotalAmt259893
IRS990/OtherExpensesGrp/TotalAmt315546
IRS990/OtherLiabilitiesGrp/BOYAmt099300
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IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt10
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt20
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt077638
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0272582
IRS990/OtherSalariesAndWagesGrp/TotalAmt0350220
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
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IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt027826
IRS990/PayrollTaxesGrp/TotalAmt027826
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
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IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01988
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01988
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Nadege Vilsaint
IRS990/PriorPeriodAdjustmentsAmt044133
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0Educational Support Services

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