Civic Intelligence

Prospect Foundation Inc.

990PF • Fiscal year 2023 • EIN 47-2627091

Dec 01, 2022 to Nov 30, 2023 • Filed on Oct 15, 2024

Organization Profile
3211 Humboldt StreetWest Lafayette, IN 47906

(609) 933-3687

Siviq Scores

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

Liabilities / Assets

60th percentile

0.07x

Higher debt load relative to assets than 60% of similar nonprofits.

2023 filings • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

86th percentile

0.70x

Higher debt load relative to revenue than 86% of similar nonprofits.

2023 filings • $1M-$5M nonprofits • Source year 2023

Net Margin

88th percentile

51%

Higher net margin than 88% of similar nonprofits.

2023 filings • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

46th percentile

$0

Higher top officer pay than 46% of similar nonprofits.

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

2023 filings • $1M-$5M nonprofits • Source year 2023

Asset Growth

60th percentile

5.8%

Faster asset growth than 60% of similar nonprofits.

2023 filings • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

6th percentile

-60%

Faster revenue growth than 6% of similar nonprofits.

2023 filings • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$2,843,775

Up $156,768 (+5.8%) from 2022

Net Assets

Up

$2,656,877

Up $136,219 (+5.4%) from 2022

Liabilities

Up

$186,898

Up $20,549 (+12%) from 2022

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin88th percentile

Revenue

Down

$268,728

Down $400,022 (-60%) from 2022

Expenses

Up

$132,509

Up $25,837 (+24%) from 2022

Net Income

Down

$136,219

Down $425,859 (-76%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2015: $272,923Liabilities 2015: $18,5302015Assets 2016: $707,259Liabilities 2016: $23,500Net Assets 2016: $683,7592016Assets 2019: $1,342,247Liabilities 2019: $02019Assets 2020: $1,602,053Liabilities 2020: $87,317Net Assets 2020: $1,514,7362020Assets 2021: $1,997,490Liabilities 2021: $38,910Net Assets 2021: $1,958,5802021Assets 2022: $2,687,007Liabilities 2022: $166,349Net Assets 2022: $2,520,6582022Assets 2023: $2,843,775Liabilities 2023: $186,898Net Assets 2023: $2,656,8772023Assets 2024: $3,040,241Liabilities 2024: $125,776Net Assets 2024: $2,914,4652024

Highlighted filing

2023

Assets$2,843,775
Liabilities$186,898
Net Assets$2,656,877
Open 2023 Filing

Operations Trend

Revenue Growth6th percentile

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

$800K$600K$400K$200K$0Revenue 2015: $272,942Expenses 2015: $18,549Net Income 2015: $254,3932015Revenue 2016: $449,823Expenses 2016: $20,457Net Income 2016: $429,3662016Revenue 2019: $322,722Expenses 2019: $32,566Net Income 2019: $290,1562019Revenue 2020: $262,240Expenses 2020: $89,751Net Income 2020: $172,4892020Revenue 2021: $535,833Expenses 2021: $91,989Net Income 2021: $443,8442021Revenue 2022: $668,750Expenses 2022: $106,672Net Income 2022: $562,0782022Revenue 2023: $268,728Expenses 2023: $132,509Net Income 2023: $136,2192023Revenue 2024: $399,174Expenses 2024: $141,586Net Income 2024: $257,5882024

Highlighted filing

2023

Revenue$268,728
Expenses$132,509
Net Income$136,219
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Dec 1, 2022 to Nov 30, 2023
Signed
Oct 15, 2024
Return Version
2022v5.0
Compensation and Service Providers
Top Officer Pay46th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
QIN YANGCEO-$0--
CHENG DUCFO-$0--
Grants and Assistance

Foundation Grants and Related Investments

TypeRecipientPurposeStatusLocationAmount
Paid GrantStuart Country Day School in New JerseyEducationalPCPrinceton, NJ, US$12,000
Paid GrantIndiana UniversityEducationalPCBloomington, IN, US$11,000
Paid GrantKronos Quartet Kronos Performing Arts Association in CaliforniaCharitablePCSan Francisco, CA, US$10,000
Paid GrantEmory UniversityEducationalPCAtlanta, GA, US$10,000
Paid GrantNew York Medical CollegeEducationalPCValhalla, NY, US$5,000
Paid GrantLogansport Medical Hospital FoundationCharitablePCLogansport, IN, US$1,000
Filing and Contact Details

Filer

Filer Name
Prospect Foundation Inc
EIN
47-2627091
In Care Of
% Qin Yang
Phone
6099333687
Address
3211 Humboldt Street, West Lafayette, IN 47906

Signing Officer

Name
Qin Yang
Title
CFO
Phone
6099333687
Signed
2024-10-15
Discuss with paid preparer
Yes

Preparer

Firm
Entholpy EMC Inc
Address
46520 Fremont Blvd, Ste606, Fremont, CA 94538
Preparer
Danming Xu
Phone
4089962002
Raw XML Appendix352 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.

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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt3Educational
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt2Stuart Country Day School in New Jersey
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt3Emory University
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt4New York Medical College
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt5Logansport Medical Hospital Foundation
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt0107 S Indiana Ave
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt11242 9th Ave
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt21200 Stuart Rd
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt3201 Dowman Dr
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt440 Sunshine Cottage Rd
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt51101 Michigan Ave
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0Bloomington
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm1San Francisco
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm2Princeton
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm3Atlanta
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm4Valhalla
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm5Logansport
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0IN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd1CA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd2NJ
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd3GA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd4NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd5IN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd047405
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd194122
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd208540
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd330322
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd410595
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd546947
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt049000
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt029097
IRS990PF/UndistributedIncomeGrp/AppliedToPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt096490
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt0112937
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt0125587
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt083840
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt096490
IRS990ScheduleB/ContributorInformationGrp/ContributorNum01
IRS990ScheduleB/ContributorInformationGrp/ContributorNum12
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm0QIN YANG
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm1CHENG DU
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt03211 Humboldt Street
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt13211 Humboldt Street
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm0West Lafayette
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm1West Lafayette
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd0IN
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd1IN
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd047906
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd147906
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd0X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd1X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0150000
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt1150000
IRS990ScheduleB/GeneralRuleInd0X
IRS990ScheduleB/Organization501c3ExemptPFInd0X
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0Office Supply
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1Office Expenses
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt010362
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt112587
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt010362
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt112587
OtherIncomeSchedule2/OtherIncomeDetail/Desc0Promo Bounus
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt0300
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt0300
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt017
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt149600
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt24000
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt321
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0Bank Fee
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt1OutsideService Fee
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt2Tax Preparation Fee
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt3IN SOS
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt017
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt149600
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt24000
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt321
SubstantialContributorsSch/SubstantialContributorDetail/PersonNm0QIN YANG
SubstantialContributorsSch/SubstantialContributorDetail/PersonNm1CHENG DU
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/AddressLine1Txt03211 Humboldt Street
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/AddressLine1Txt13211 Humboldt Street
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/CityNm0WEST LAFAYETTE
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/CityNm1WEST LAFAYETTE
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/StateAbbreviationCd0IN
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/StateAbbreviationCd1IN
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/ZIPCd047906
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/ZIPCd147906
TaxesSchedule/TaxesDetail/Amt06922
TaxesSchedule/TaxesDetail/CategoryTxt0Tax
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0QIN YANG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum06099333687
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Prospect Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0PROS
ReturnHeader/Filer/EIN0472627091
ReturnHeader/Filer/InCareOfNm0% Qin Yang
ReturnHeader/Filer/PhoneNum06099333687
ReturnHeader/Filer/USAddress/AddressLine1Txt03211 Humboldt Street
ReturnHeader/Filer/USAddress/CityNm0West Lafayette
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd047906
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204851730
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Entholpy EMC Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt046520 Fremont Blvd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt0Ste606
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Fremont
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094538
ReturnHeader/PreparerPersonGrp/PhoneNum04089962002
ReturnHeader/PreparerPersonGrp/PreparationDt02024-10-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANMING XU
ReturnHeader/ReturnTs02024-10-15T15:05:48-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02022-12-01
ReturnHeader/TaxPeriodEndDt02023-11-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$2,843,775
Liabilities
$186,898
Net assets
$2,656,877
Revenue
$268,728
Expenses
$132,509
Net income
$136,219
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.04$0.13$2.91$0.40$0.14$0.26
2023Detailed filing. Detailed filing data is available for this year.$2.84$0.19$2.66$0.27$0.13$0.14
2022Detailed filing. Detailed filing data is available for this year.$2.69$0.17$2.52$0.67$0.11$0.56
2021Detailed filing. Detailed filing data is available for this year.$2.00$0.04$1.96$0.54$0.09$0.44
2020Detailed filing. Detailed filing data is available for this year.$1.60$0.09$1.51$0.26$0.09$0.17
2019Summary only. Only limited summary data is available for this year.$1.34$0.00$0.32$0.03$0.29
2016Detailed filing. Detailed filing data is available for this year.$0.71$0.02$0.68$0.45$0.02$0.43
2015Summary only. Only limited summary data is available for this year.$0.27$0.02$0.27$0.02$0.25