Civic Intelligence

Prosperity Way Inc

990EZ • Fiscal year 2018 • EIN 47-3608867

Jan 01, 2018 to Dec 31, 2018 • Filed on May 15, 2020

Organization ProfileN/A
8306 Wilshire BlvdBeverly Hills, CA 90211

(714) 440-4839

Siviq Scores

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

Liabilities / Assets

86th percentile

0.31x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

80th percentile

0.07x

Higher debt load relative to revenue than 80% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

59th percentile

7.7%

Higher net margin than 59% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

99th percentile

3280%

Faster asset growth than 99% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2018

Revenue Growth

97th percentile

282%

Faster revenue growth than 97% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2018

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$38,631

Up $38,630 (+3863000%) from 2015

Net Assets

$26,729

No earlier filing loaded for comparison.

Liabilities

Up

$11,902

Up $11,902 from 2015

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin59th percentile

Revenue

Up

$167,656

Up $164,656 (+5489%) from 2015

Expenses

Up

$154,730

Up $154,730 from 2015

Net Income

Up

$12,926

Up $9,926 (+331%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$100K$50K$0-$50KAssets 2015: $1Liabilities 2015: $02015Assets 2018: $38,631Liabilities 2018: $11,902Net Assets 2018: $26,7292018Assets 2019: $58,571Liabilities 2019: $16,9122019Assets 2020: $36,402Liabilities 2020: $16,039Net Assets 2020: $20,3632020Assets 2021: $29,193Liabilities 2021: $39,614Net Assets 2021: -$10,4212021Assets 2022: $6,633Liabilities 2022: $34,322Net Assets 2022: -$27,6892022Assets 2023: $29,501Liabilities 2023: $9,690Net Assets 2023: $19,8112023

Highlighted filing

2018

Assets$38,631
Liabilities$11,902
Net Assets$26,729
Open 2018 Filing

Operations Trend

Revenue Growth97th percentile

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

$200K$100K$0-$100KRevenue 2015: $3,000Expenses 2015: $0Net Income 2015: $3,0002015Revenue 2018: $167,656Expenses 2018: $154,730Net Income 2018: $12,9262018Revenue 2019: $93,071Expenses 2019: $78,141Net Income 2019: $14,9302019Revenue 2020: $166,102Expenses 2020: $187,398Net Income 2020: -$21,2962020Revenue 2021: $163,453Expenses 2021: $194,237Net Income 2021: -$30,7842021Revenue 2022: $99,179Expenses 2022: $116,447Net Income 2022: -$17,2682022Revenue 2023: $185,270Expenses 2023: $137,770Net Income 2023: $47,5002023

Highlighted filing

2018

Revenue$167,656
Expenses$154,730
Net Income$12,926
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 15, 2020
Return Version
2018v3.1
Gross Receipts
$167,656
Mission and Program Overview

Mission

Provide housing for former foster care

Program Services

DescriptionGrantsExpenses
PROVIDING HOUSING FOR FORMER FOSTERE CARE YOUTH-$103,154
HELPING YOUTH WITH LIFE SKILLS CASE MANAGEMENT AND HOUSING RESOURCES FOR LIFE AFTER THE TRANSITIONAL HOUSING PROGRAM-$38,683
PROVIDING GIFT CARDS TO YOUTH FOR HOUSEHOLD ITEMS BUS PASSES AND FOOD-$12,894
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RYAN BROWNSecretary-$0--
KEVIN DORSEYTreasurer-$0--
BRITTANY STROUDCEOPT$0--
LANCE JACKSONDirector-$0--
Filing and Contact Details

Filer

Filer Name
Prosperity Way Inc
EIN
47-3608867
Address
8306 WILSHIRE BLVD, BEVERLY HILLS, CA 90211

Signing Officer

Name
Brittany Stroud
Title
CEO
Phone
7144404839
Signed
2020-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Bradlee Baldwin CPA
Address
5122 KATELLA AVE SUITE 302, LOS ALAMITOS, CA 90720
Preparer
Bradlee Baldwin
Phone
6577772325
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description amountinsurance 8,713supplies 3,827auto & travel 2,099client relations 84bank charges 881meals & entertainment 75general & administrative 688licenses & permits 132dues & subscriptions 241exit fund 2,063airfare 473moving expense 4,311”

Description of other assets Part II line 24

“Category beginning of year end of yearaccounts receivable 0 22,703deposits 0 2,043”

Description of total liabilities Part II line 26

“Category beginning of year end of yearaccrued expenses 0 6,986accrued payroll 0 2,770related party payable 0 2,146”

Raw XML Appendix139 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/PersonNm0BRITTANY STROUD
IRS990EZ/BooksInCareOfDetail/PhoneNum07144404839
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt08306 WILSHIRE BLVD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BEVERLY HILLS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090211
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt013803
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt013885
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt012926
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt05839
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt013803
IRS990EZ/Form990TotalAssetsGrp/EOYAmt038631
IRS990EZ/GrossReceiptsAmt0167656
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt013803
IRS990EZ/NetAssetsOrFundBalancesEOYAmt026729
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt013803
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt026729
IRS990EZ/OccupancyRentUtltsAndMaintAmt061954
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt220.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RYAN BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KEVIN DORSEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BRITTANY STROUD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LANCE JACKSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt024746
IRS990EZ/OtherExpensesTotalAmt023587
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE HOUSING FOR FORMER FOSTER CARE
IRS990EZ/PrintingPublicationsPostageAmt0402
IRS990EZ/ProgramServiceRevenueAmt0167656
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDING HOUSING FOR FORMER FOSTERE CARE YOUTH
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1HELPING YOUTH WITH LIFE SKILLS CASE MANAGEMENT AND HOUSING RESOURCES FOR LIFE AFTER THE TRANSITIONAL HOUSING PROGRAM
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2PROVIDING GIFT CARDS TO YOUTH FOR HOUSEHOLD ITEMS BUS PASSES AND FOOD
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0103154
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt138683
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt212894
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt062948
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt011902
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0154730
IRS990EZ/TotalProgramServiceExpensesAmt0154731
IRS990EZ/TotalRevenueAmt0167656
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0167656
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0167656
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0167656
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0167656
IRS990ScheduleA/Total509Grp/TotalAmt0167656
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0167656
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0167656
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTINSURANCE 8,713SUPPLIES 3,827AUTO & TRAVEL 2,099CLIENT RELATIONS 84BANK CHARGES 881MEALS & ENTERTAINMENT 75GENERAL & ADMINISTRATIVE 688LICENSES & PERMITS 132DUES & SUBSCRIPTIONS 241EXIT FUND 2,063AIRFARE 473MOVING EXPENSE 4,311
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CATEGORY BEGINNING OF YEAR END OF YEARACCOUNTS RECEIVABLE 0 22,703DEPOSITS 0 2,043
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARACCRUED EXPENSES 0 6,986ACCRUED PAYROLL 0 2,770RELATED PARTY PAYABLE 0 2,146
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/BuildTS02020-11-19 02:30:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRITTANY STROUD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum07144404839
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROSPERITY WAY INC
ReturnHeader/Filer/BusinessNameControlTxt0PROS
ReturnHeader/Filer/EIN0473608867
ReturnHeader/Filer/USAddress/AddressLine1Txt08306 WILSHIRE BLVD
ReturnHeader/Filer/USAddress/CityNm0BEVERLY HILLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090211
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0FCBFA34E05BFEF3E09ABBFBDC9302A1683C5F252
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0FCBFA34E05BFEF3E09ABBFBDC9302A1683C5F252
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId03349072020161rrq2ihr
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02020-06-09
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt023.243.35.90
ReturnHeader/FilingSecurityInformation/IPDt02020-06-09
ReturnHeader/FilingSecurityInformation/IPTm014:50:35
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0812807334
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRADLEE BALDWIN CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05122 KATELLA AVE SUITE 302
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOS ALAMITOS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090720
ReturnHeader/PreparerPersonGrp/PhoneNum06577772325
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRADLEE BALDWIN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-06-09T14:43:55-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$38,631
Liabilities
$11,902
Net assets
$26,729
Revenue
$167,656
Expenses
$154,730
Net income
$12,926
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.30$0.10$0.20$1.85$1.38$0.48
2022Detailed filing. Detailed filing data is available for this year.$0.07$0.34$0.28$0.99$1.16$0.17
2021Detailed filing. Detailed filing data is available for this year.$0.29$0.40$0.10$1.63$1.94$0.31
2020Detailed filing. Detailed filing data is available for this year.$0.36$0.16$0.20$1.66$1.87$0.21
2019Summary only. Only limited summary data is available for this year.$0.59$0.17$0.93$0.78$0.15
2018Detailed filing. Detailed filing data is available for this year.$0.39$0.12$0.27$1.68$1.55$0.13
2015Summary only. Only limited summary data is available for this year.$0.00$0.00$0.03$0.00$0.03