Civic Intelligence

The Prosperity Foundation Inc.

990 • Fiscal year 2021 • EIN 47-4364468

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

Organization Profilewww.tpfct.org
1287 Chapel StNew Haven, CT 06511

(203) 909-1315

Siviq Scores

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

Liabilities / Assets

85th percentile

0.54x

Higher debt load relative to assets than 85% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

86th percentile

0.87x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

47th percentile

11%

Higher net margin than 47% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

65th percentile

$88,461

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 10.4% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

97th percentile

186%

Faster asset growth than 97% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

92nd percentile

157%

Faster revenue growth than 92% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$1,358,648

Up $883,290 (+186%) from 2020

Net Assets

Up

$625,316

Up $149,958 (+32%) from 2020

Liabilities

Up

$733,332

Up $733,332 from 2020

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin47th percentile

Revenue

Up

$846,580

Up $517,331 (+157%) from 2020

Expenses

Up

$753,625

Up $639,202 (+559%) from 2020

Net Income

Down

$92,955

Down $121,871 (-57%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2016: $98,837Liabilities 2016: $10,324Net Assets 2016: $88,5132016Assets 2017: $177,590Liabilities 2017: $0Net Assets 2017: $177,5902017Assets 2018: $179,407Liabilities 2018: $0Net Assets 2018: $179,4072018Assets 2019: $228,098Liabilities 2019: $0Net Assets 2019: $228,0982019Assets 2020: $475,358Liabilities 2020: $0Net Assets 2020: $475,3582020Assets 2021: $1,358,648Liabilities 2021: $733,332Net Assets 2021: $625,3162021Assets 2022: $1,929,277Liabilities 2022: $0Net Assets 2022: $1,929,2772022Assets 2023: $3,994,512Liabilities 2023: $1,924,210Net Assets 2023: $2,070,3022023Assets 2024: $2,211,727Liabilities 2024: $23,612Net Assets 2024: $2,188,1152024

Highlighted filing

2021

Assets$1,358,648
Liabilities$733,332
Net Assets$625,316
Open 2021 Filing

Operations Trend

Revenue Growth92nd percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $247,106Expenses 2016: $188,620Net Income 2016: $58,4862016Revenue 2017: $145,276Expenses 2017: $111,438Net Income 2017: $33,8382017Revenue 2018: $90,545Expenses 2018: $118,385Net Income 2018: -$27,8402018Revenue 2019: $158,164Expenses 2019: $166,673Net Income 2019: -$8,5092019Revenue 2020: $329,249Expenses 2020: $114,423Net Income 2020: $214,8262020Revenue 2021: $846,580Expenses 2021: $753,625Net Income 2021: $92,9552021Revenue 2022: $1,820,718Expenses 2022: $545,536Net Income 2022: $1,275,1822022Revenue 2023: $1,956,036Expenses 2023: $1,997,999Net Income 2023: -$41,9632023Revenue 2024: $2,714,369Expenses 2024: $3,163,028Net Income 2024: -$448,6592024

Highlighted filing

2021

Revenue$846,580
Expenses$753,625
Net Income$92,955
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.1
Gross Receipts
$846,580
Mission and Program Overview

Mission

Pursue charitable and educational activities to strengthen Connecticut's African- American/Black communities in areas such as economic development, education, and health.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$271,555$1,221,688▲ $950,133
Savings and Temporary Cash Investments-$90,272-
Cash and Non-Interest-Bearing Accounts$203,803$46,688▼ $157,115
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$475,358$1,358,648▲ $883,290
Other Assets Total-$0-
Liabilities
Deferred Revenue-$733,332-
Total Liabilities$0$733,332▲ $733,332
Net Assets / Fund Balance
Net Assets With Donor Restrictions$271,555$1,311,960▲ $1,040,405
Net Assets Without Donor Restrictions$203,803$-686,644▼ $890,447
Total Net Assets Fund Balance$475,358$625,316▲ $149,958
Total Liabilities and Net Assets / Fund Balance$475,358$1,358,648▲ $883,290

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$271,555$941,345▲ $33,199$2,351$1,221,688
2020$198,161$41,278▲ $40,961-$271,555
2019$130,935$57,196▲ $24,247-$198,161
2018$116,712$26,247▼ $5,627-$128,537
2017$59,710$53,836▲ $14,451-$116,712
Compensation and Service Providers
Top Officer Pay65th percentile

Employees

NameTitleBaseTotal
Orsella HughesExecutive Director$88,461$88,461

Board Members and Trustees

NameTitle
Howard K HillPresident
Larry ConawayVice President
Donna M LeckyDirector
Valarie Shultz-WilsonDirector
Yves Joseph IIDirector
Cathy GravesSecretary
Brian H CookTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$846,553
Program Service Revenue
$0
Investment Income
$27
Other Revenue
$0
All Other Contributions
$846,553
Change in Net Assets
$92,955
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$400,209
Grants and Similar Amounts Paid$232,982
Salaries, Compensation, and Employee Benefits$120,434
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$232,982--$232,982
Current Officers, Directors, Trustees, and Key Employees-$88,461-$88,461
Information Technology-$37,469-$37,469
Other Salaries and Wages-$22,500-$22,500
Fees for Services Management-$21,155-$21,155
Conferences and Meetings-$20,299-$20,299
Payroll Taxes-$9,473-$9,473
Advertising-$8,830-$8,830
Office Expenses-$7,663-$7,663
Fees for Services Accounting-$4,500-$4,500
Insurance-$1,621-$1,621
Other Expenses-$128-$128
Travel-$8-$8
Total Functional Expenses$232,982$520,643$0$753,625
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Donna M LeckyDirectorgrant awardNo$12,500
Orsella HughesCEOBookkeeping servicesNo$4,500
Cathy GravesDirectorgrant awardNo$2,500

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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

Form 990, Part VI, Line 11B: Form 990 Review Process

“Form 990 is prepared by an independent CPA, discussed and reviewed with Treasurer prior to review and discussion with all officers, the full board and governing body, and filing with the IRS. The review covers the financial information contained in Parts I, VII - IX as well as Schedule A. The review also covers management's responsibility and the programs financial and non financial information.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The organization has a conflict of interest policy that is completed annually by the officers and directors. If any conflicts are identified, it is the practice of management to review and monitor the conflicts.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The financial statements along with Form 990 and other required public documents are made available upon written request.”

Filing and Contact Details

Filer

Filer Name
The Prosperity Foundation Inc
EIN
47-4364468
Phone
2039091315
Address
1287 Chapel St, New Haven, CT 06511

Signing Officer

Name
Orsella Hughes
Title
Executive Director
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Orsella Hughes
Formed
2015
Legal Domicile
Ct
Voting Board Members
8
Independent Board Members
8
Employees
2
Volunteers
7

Preparer

Firm
John a Watts CPA LLC
Address
17 Clemens Ave, Trumbull, CT 06611
Preparer
John A Watts
Phone
2032613938
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

“adj = $0”

Other Changes In Net Assets Or Fund Balances - Other Increases

“Contributions - Comp Fnds = $35714”

Other Changes In Net Assets Or Fund Balances - Other Increases

“Contributions - Dnr Fnds = $21289”

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

“Endowment Funds are used to provide funding and allow the organization to meet its charitable purposes for education, economic development, and health activities. The funds are also used to generate income thereby increasing the total amount available for use in accomplishing the organization's charitable purposes.”

Raw XML AppendixShowing 400 of 476 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Pursue charitable and educational activities to strengthen Connecticut's African- American/Black communities in areas such as economic development, education, and health.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt08830
IRS990/AdvertisingGrp/TotalAmt08830
IRS990/AllOtherContributionsAmt0846553
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Howard K Hill
IRS990/BooksInCareOfDetail/PhoneNum02039091315
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01287 Chapel St
IRS990/BooksInCareOfDetail/USAddress/CityNm0New Haven
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0065114514
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0203803
IRS990/CashNonInterestBearingGrp/EOYAmt046688
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt088461
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt088461
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt020299
IRS990/ConferencesMeetingsGrp/TotalAmt020299
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0846553
IRS990/CYGrantsAndSimilarPaidAmt0232982
IRS990/CYInvestmentIncomeAmt027
IRS990/CYOtherExpensesAmt0400209
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt092955
IRS990/CYSalariesCompEmpBnftPaidAmt0120434
IRS990/CYTotalExpensesAmt0753625
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0846580
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt0733332
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0Education Awarded 34 grants to various organizations conducting educational training in STEM programs, etc
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0true
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0271555
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01311960
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0141532
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04500
IRS990/FeesForServicesAccountingGrp/TotalAmt04500
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt021155
IRS990/FeesForServicesManagementGrp/TotalAmt021155
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt63.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0Orsella Hughes
IRS990/Form990PartVIISectionAGrp/PersonNm1Howard K Hill
IRS990/Form990PartVIISectionAGrp/PersonNm2Larry Conaway
IRS990/Form990PartVIISectionAGrp/PersonNm3Cathy Graves
IRS990/Form990PartVIISectionAGrp/PersonNm4Yves Joseph II
IRS990/Form990PartVIISectionAGrp/PersonNm5Valarie Shultz-Wilson
IRS990/Form990PartVIISectionAGrp/PersonNm6Brian H Cook
IRS990/Form990PartVIISectionAGrp/PersonNm7Donna M Lecky
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt088461
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02015
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantAmt0141532
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0232982
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0232982
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0846580
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt037469
IRS990/InformationTechnologyGrp/TotalAmt037469
IRS990/InsuranceGrp/ManagementAndGeneralAmt01621
IRS990/InsuranceGrp/TotalAmt01621
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt027
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt027
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0271555
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01221688
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0CT
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Pursue charitable and educational activities to strengthen Connecticut's African- American/Black communities in areas such as economic development, education, and health.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0475358
IRS990/NetAssetsOrFundBalancesEOYAmt0625316
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0203803
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-686644
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07663
IRS990/OfficeExpensesGrp/TotalAmt07663
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt057003
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Oth 2
IRS990/OtherExpensesGrp/Desc1Oth 1
IRS990/OtherExpensesGrp/Desc2Misc
IRS990/OtherExpensesGrp/Desc3Licenses & permits
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0296916
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11390
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2230
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3128
IRS990/OtherExpensesGrp/TotalAmt0296916
IRS990/OtherExpensesGrp/TotalAmt11390
IRS990/OtherExpensesGrp/TotalAmt2230
IRS990/OtherExpensesGrp/TotalAmt3128
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt022500
IRS990/OtherSalariesAndWagesGrp/TotalAmt022500
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09473
IRS990/PayrollTaxesGrp/TotalAmt09473
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Orsella Hughes
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0Health Awarded 15 grants to various organizations conducting health screenings, educational, and instructional programs
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt053500
IRS990/ProgSrvcAccomActy2Grp/GrantAmt053500
IRS990/ProgSrvcAccomActy3Grp/Desc0Economic Development Awarded 11 grant to an organization in the AFRICAN/American community serving Hartford/New Haven/Fairfield county regions
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt037950
IRS990/ProgSrvcAccomActy3Grp/GrantAmt037950
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0288288
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt074237
IRS990/PYInvestmentIncomeAmt040961
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt040186
IRS990/PYRevenuesLessExpensesAmt0214826
IRS990/PYTotalExpensesAmt0114423
IRS990/PYTotalRevenueAmt0329249
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt092955
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt090272
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0549637
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0288288
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0133890
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt096172
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0132227
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01200214
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt027
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0381
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0538
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0595
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0507
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02048
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99830
IRS990ScheduleA/PublicSupportPY170Pct00.99750
IRS990ScheduleA/PublicSupportTotal170Amt01200214
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0549637
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0288288
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0133890
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt096172
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0132227
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01200214
IRS990ScheduleA/TotalSupportAmt01202262
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt07560
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0271555
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0941345
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01221688
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt014500
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt033199
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt02351
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt06085
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0198161
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt041278
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0271555
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt02760
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt040961
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt02919
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0130935
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt057196
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0198161
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt011298
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt024247
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt01755
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0116712
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt026247
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0128537
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt07040
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-5627
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt01308
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt059710
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt053836
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0116712
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt09977
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt014451
IRS990ScheduleD/DisclosedForCharitablePrpsInd0true
IRS990ScheduleD/DisclosedOrgLegCtrlInd0true
IRS990ScheduleD/DonorAdvisedFundsContriAmt0941345
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt014370
IRS990ScheduleD/DonorAdvisedFundsHeldCnt028
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt01221688
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Endowment Funds are used to provide funding and allow the organization to meet its charitable purposes for education, economic development, and health activities. The funds are also used to generate income thereby increasing the total amount available for use in accomplishing the organization's charitable purposes.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4: Intended uses of the endowment fund.
IRS990ScheduleD/TermEndowmentBalanceEOYPct01.00000
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Cathy Graves
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1Orsella Hughes
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm2Donna M Lecky
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Director
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1CEO
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2Director
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd2false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt02500
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt14500
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt212500
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0grant award
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1Bookkeeping services
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2grant award
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt01. Cathy Graves: Secretary and a director of the organization is a board member of an organization that was awarded grants totaling $2,500.002. Orsella Hughes: Chief Executive Officer provided bookkeeping and accounting services to the organization for fees totaling $4,500.003. Donna M. Lecky: A director is a member of an organization that was awarded a grant totaling $12,500.00
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part V Supplemental Information
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is prepared by an independent CPA, discussed and reviewed with Treasurer prior to review and discussion with all officers, the full board and governing body, and filing with the IRS. The review covers the financial information contained in Parts I, VII - IX as well as Schedule A. The review also covers management's responsibility and the programs financial and non financial information.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization has a conflict of interest policy that is completed annually by the officers and directors. If any conflicts are identified, it is the practice of management to review and monitor the conflicts.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The financial statements along with Form 990 and other required public documents are made available upon written request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3adj = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Contributions - Comp Fnds = $35714
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Contributions - Dnr Fnds = $21289
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,358,648
Liabilities
$733,332
Net assets
$625,316
Revenue
$846,580
Expenses
$753,625
Net income
$92,955
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.21$0.02$2.19$2.71$3.16$0.45
2023Detailed filing. Detailed filing data is available for this year.$3.99$1.92$2.07$1.96$2.00$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.93$0.00$1.93$1.82$0.55$1.28
2021Detailed filing. Detailed filing data is available for this year.$1.36$0.73$0.63$0.85$0.75$0.09
2020Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$0.33$0.11$0.21
2019Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$0.16$0.17$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.09$0.12$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.15$0.11$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.10$0.01$0.09$0.25$0.19$0.06