Civic Intelligence

Community Financial Literacy

990 • Fiscal year 2021 • EIN 80-0362127

Jan 01, 2021 to Dec 31, 2021 • Filed on Aug 23, 2022

Organization ProfileWWW.PROSPERITYME.ORG

View Organization Page

175 Lancaster St Suite 216APortland, ME 04101

(207) 797-7890

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.15x

Higher debt load relative to assets than 63% of similar nonprofits.

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

Liabilities / Revenue

64th percentile

0.19x

Higher debt load relative to revenue than 64% of similar nonprofits.

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

Net Margin

78th percentile

36%

Higher net margin than 78% of similar nonprofits.

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

Top Officer Pay

77th percentile

$119,194

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 8.4% of source-year revenue.

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

Asset Growth

89th percentile

63%

Faster asset growth than 89% of similar nonprofits.

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

Revenue Growth

82nd percentile

70%

Faster revenue growth than 82% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Up

$1,748,540

Up $675,759 (+63%) from 2020

Net Assets

Up

$1,477,977

Up $505,623 (+52%) from 2020

Liabilities

Up

$270,563

Up $170,136 (+169%) from 2020

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin78th percentile

Revenue

Up

$1,422,676

Up $587,370 (+70%) from 2020

Expenses

Up

$917,053

Up $357,263 (+64%) from 2020

Net Income

Up

$505,623

Up $230,107 (+84%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth89th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $56,358Liabilities 2011: $02011Assets 2012: $78,182Liabilities 2012: $2,457Net Assets 2012: $75,7252012Assets 2013: $138,735Liabilities 2013: $3,0912013Assets 2014: $152,571Liabilities 2014: $91Net Assets 2014: $152,4802014Assets 2015: $218,789Liabilities 2015: $13,066Net Assets 2015: $205,7232015Assets 2016: $366,565Liabilities 2016: $6,169Net Assets 2016: $360,3962016Assets 2017: $493,522Liabilities 2017: $5,710Net Assets 2017: $487,8122017Assets 2018: $717,886Liabilities 2018: $29,976Net Assets 2018: $687,9102018Assets 2019: $704,727Liabilities 2019: $7,889Net Assets 2019: $696,8382019Assets 2020: $1,072,781Liabilities 2020: $100,427Net Assets 2020: $972,3542020Assets 2021: $1,748,540Liabilities 2021: $270,563Net Assets 2021: $1,477,9772021Assets 2022: $3,520,092Liabilities 2022: $1,076,668Net Assets 2022: $2,443,4242022Assets 2023: $6,928,836Liabilities 2023: $3,080,304Net Assets 2023: $3,848,5322023Assets 2024: $5,115,189Liabilities 2024: $860,654Net Assets 2024: $4,254,5352024

Highlighted filing

2021

Assets$1,748,540
Liabilities$270,563
Net Assets$1,477,977
Open 2021 Filing

Operations Trend

Revenue Growth82nd percentile

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

$10M$5.0M$0Revenue 2011: $96,576Expenses 2011: $73,596Net Income 2011: $22,9802011Revenue 2012: $110,969Expenses 2012: $91,102Net Income 2012: $19,8672012Revenue 2013: $195,782Expenses 2013: $135,863Net Income 2013: $59,9192013Revenue 2014: $212,221Expenses 2014: $195,385Net Income 2014: $16,8362014Revenue 2015: $362,672Expenses 2015: $309,429Net Income 2015: $53,2432015Revenue 2016: $462,447Expenses 2016: $307,774Net Income 2016: $154,6732016Revenue 2017: $511,742Expenses 2017: $384,326Net Income 2017: $127,4162017Revenue 2018: $582,541Expenses 2018: $382,443Net Income 2018: $200,0982018Revenue 2019: $540,319Expenses 2019: $531,391Net Income 2019: $8,9282019Revenue 2020: $835,306Expenses 2020: $559,790Net Income 2020: $275,5162020Revenue 2021: $1,422,676Expenses 2021: $917,053Net Income 2021: $505,6232021Revenue 2022: $8,661,990Expenses 2022: $7,696,543Net Income 2022: $965,4472022Revenue 2023: $5,434,958Expenses 2023: $4,029,651Net Income 2023: $1,405,3072023Revenue 2024: $2,534,123Expenses 2024: $2,146,604Net Income 2024: $387,5192024

Highlighted filing

2021

Revenue$1,422,676
Expenses$917,053
Net Income$505,623
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 23, 2022
Return Version
2021v4.0
Gross Receipts
$1,425,622
Mission and Program Overview

Mission

CFL empowers, through education and counseling, members of refugee and immigrant communities to invest in themselves to build financial stability, careers, businesses and wealth.

Prosperityme empowers, through education and counseling, members of refugee and immigrant communities to invest in themselves to build financial stability, careers, businesses and wealth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$755,525$1,005,534▲ $250,009
Savings and Temporary Cash Investments$268,917$671,843▲ $402,926
Pledges and Grants Receivable$19,147$39,197▲ $20,050
Land, Buildings, and Equipment, Net$13,007$12,501▼ $506
Accounts Receivable$2,500$11,000▲ $8,500
Intangible Assets$4,375--
Prepaid Expenses and Deferred Charges$7,360$3,515▼ $3,845
Total Assets$1,072,781$1,748,540▲ $675,759
Other Assets Total$1,950$4,950▲ $3,000
Liabilities
Deferred Revenue-$202,272-
Other Liabilities$72,000--
Accounts Payable and Accrued Expenses$28,427$68,291▲ $39,864
Total Liabilities$100,427$270,563▲ $170,136
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$649,926$847,434▲ $197,508
Net Assets With Donor Restrictions$322,428$630,543▲ $308,115
Total Net Assets Fund Balance$972,354$1,477,977▲ $505,623
Total Liabilities and Net Assets / Fund Balance$1,072,781$1,748,540▲ $675,759

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,626$7,613$17,239
Other Land Buildings$2,875$4,625$7,500
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Claude K RwaganjeExecutive DiFT$108,732$10,462$119,194

Board Members and Trustees

NameTitle
Tara JenkinsChair
Cheryl LancasterBoard Member
Christen GrahamBoard Member
E'NKUL KANAKANBoard Member
Gregory HanselBoard Member
Helen AndreoliBoard Member
Megan PiperBoard Member
Quincy HentzelBoard Member
Tim HoneyBoard Member
Colette Twigg-rowseSecretary
Eileen FongemieTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,062,952
Program Service Revenue
$361,663
Investment Income
$-1,939
Other Revenue
$0
All Other Contributions
$990,952
Change in Net Assets
$505,623

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,422,676
Total Revenue per Audited Statements
$1,422,676
Total Revenue per Form 990
$1,422,676
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$611,336
Other Expenses$268,029
Total Fundraising Expense$176,562
Grants and Similar Amounts Paid$37,688
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$288,675$48,615$85,078$422,368
Current Officers, Directors, Trustees, and Key Employees$71,518$23,838$23,838$119,194
Occupancy$94,850$12,695$5,461$113,006
Fees for Services Other$38,355$2,152$34,997$75,504
Payroll Taxes$26,898$5,347$5,604$37,849
Grants to Domestic Individuals$37,688--$37,688
Other Employee Benefits$14,806$1,704$2,457$18,967
Pension Plan Contributions$10,207$970$1,781$12,958
Depreciation Depletion$6,409$754$377$7,540
Conferences and Meetings$2,315$331$661$3,307
Advertising$2,099-$699$2,798
Insurance$2,082$416$278$2,776
Other Expenses$2,363$349$2,792$2,363
All Other Expenses-$753-$753
Travel$559$112$75$746
Total Functional Expenses$638,771$101,720$176,562$917,053

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$917,053
Total Expenses per Audited Statements$917,053
Total Expenses per Form 990$917,053
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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, Page 6, Part VI, Line 11B

“A copy of form 990 is reviewed by the finance committee before filing each year”

Form 990, Page 6, Part VI, Line 12C

“The organization regularly reviews the conflict of interest policy and monitors and enforces compliance”

Form 990, Page 6, Part VI, Line 15A

“Compensation amounts are reviewed by the board of directors when appropriate and regional and national databases are utilized to ensure arrangements are reasonable”

Form 990, Page 6, Part VI, Line 19

“The organization makes governing documents, conflict of interest policies and financial statements available to the public upon request”

Filing and Contact Details

Filer

Filer Name
Prosperityme
EIN
80-0362127
Phone
2077977890
Address
175 LANCASTER ST SUITE 216A, PORTLAND, ME 04101

Signing Officer

Name
Claude K Rwaganje
Title
Executive Director
Phone
2077977890
Signed
2022-08-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Claude K Rwaganje
Formed
2007
Legal Domicile
Me
Voting Board Members
11
Independent Board Members
11
Employees
14
Volunteers
37

Preparer

Firm
One River Cpas
Address
46 FIRSTPARK DRIVE, OAKLAND, ME 04963-5362
Preparer
Brett R Jensen CPA
Phone
2078731603
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

“The organization has a tax determination letter from the internal revenue service stating that it qualifies under the provisions of section 501(c)(3) of the internal revenue code and is exempt from income taxes. Management has evaluated the organization's tax position and concluded that, as of december 31, 2021 and 2020, the organization has not taken any tax positions that would require the recording of any additional tax liability. The organization is subject to u.s. Federal and state examinations by taxing authorities generally for three years after filing its tax returns.”

Raw XML AppendixShowing 400 of 475 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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IRS990/LandBldgEquipCostOrOtherBssAmt024739
IRS990/LegalDomicileStateCd0ME
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt02946
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROSPERITYME EMPOWERS, THROUGH EDUCATION AND COUNSELING, MEMBERS OF REFUGEE AND IMMIGRANT COMMUNITIES TO INVEST IN THEMSELVES TO BUILD FINANCIAL STABILITY, CAREERS, BUSINESSES AND WEALTH
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0972354
IRS990/NetAssetsOrFundBalancesEOYAmt01477977
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-2946
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-2946
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0649926
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0847434
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt05461
IRS990/OccupancyGrp/ManagementAndGeneralAmt012695
IRS990/OccupancyGrp/ProgramServicesAmt094850
IRS990/OccupancyGrp/TotalAmt0113006
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01950
IRS990/OtherAssetsTotalGrp/EOYAmt04950
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02457
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01704
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt014806
IRS990/OtherEmployeeBenefitsGrp/TotalAmt018967
IRS990/OtherExpensesGrp/Desc0EVENTS
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3DONATIONS
IRS990/OtherExpensesGrp/FundraisingAmt09251
IRS990/OtherExpensesGrp/FundraisingAmt13213
IRS990/OtherExpensesGrp/FundraisingAmt22792
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01542
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12142
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2349
IRS990/OtherExpensesGrp/ProgramServicesAmt020043
IRS990/OtherExpensesGrp/ProgramServicesAmt116064
IRS990/OtherExpensesGrp/ProgramServicesAmt23840
IRS990/OtherExpensesGrp/ProgramServicesAmt32363
IRS990/OtherExpensesGrp/TotalAmt030836
IRS990/OtherExpensesGrp/TotalAmt121419
IRS990/OtherExpensesGrp/TotalAmt26981
IRS990/OtherExpensesGrp/TotalAmt32363
IRS990/OtherLiabilitiesGrp/BOYAmt072000
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt085078
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt048615
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0288675
IRS990/OtherSalariesAndWagesGrp/TotalAmt0422368
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt05604
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05347
IRS990/PayrollTaxesGrp/ProgramServicesAmt026898
IRS990/PayrollTaxesGrp/TotalAmt037849
IRS990/PensionPlanContributionsGrp/FundraisingAmt01781
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0970
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt010207
IRS990/PensionPlanContributionsGrp/TotalAmt012958
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt019147
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt039197
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07360
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03515
IRS990/PrincipalOfficerNm0CLAUDE K RWAGANJE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0624200
IRS990/ProgramServiceRevenueGrp/BusinessCd1624110
IRS990/ProgramServiceRevenueGrp/Desc0EMERG RENT ASSIST NAVIGATION
IRS990/ProgramServiceRevenueGrp/Desc1OUTREACH & FINANCIAL LITERACY
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0219066
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1142597
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0219066
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1142597
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0694574
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02615
IRS990/PYOtherExpensesAmt0160840
IRS990/PYProgramServiceRevenueAmt0138117
IRS990/PYRevenuesLessExpensesAmt0275516
IRS990/PYSalariesCompEmpBnftPaidAmt0398950
IRS990/PYTotalExpensesAmt0559790
IRS990/PYTotalRevenueAmt0835306
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0505623
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0361663
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0268917
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0671843
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS REVENUES 2,273
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01062952
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0694574
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0427606
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0498054
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0504499
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03187685
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt04740
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt04740
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt09480
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01007
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02615
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt07390
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04747
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02553
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt018312
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0361663
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt02273
IRS990ScheduleA/OtherIncome170Grp/TotalAmt02273
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.80410
IRS990ScheduleA/PublicSupportPY170Pct00.99230
IRS990ScheduleA/PublicSupportTotal170Amt02587445
IRS990ScheduleA/SubstantialContributorsTotAmt0609720
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01062952
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0694574
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0427606
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0502794
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0509239
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03197165
IRS990ScheduleA/TotalSupportAmt03217750
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt09626
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07613
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt017239
IRS990ScheduleD/ExpensesSubtotalAmt0917053
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02875
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04625
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt07500
IRS990ScheduleD/RevenueSubtotalAmt01422676
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS A TAX DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE STATING THAT IT QUALIFIES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM INCOME TAXES. MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITION AND CONCLUDED THAT, AS OF DECEMBER 31, 2021 AND 2020, THE ORGANIZATION HAS NOT TAKEN ANY TAX POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY. THE ORGANIZATION IS SUBJECT TO U.S. FEDERAL AND STATE EXAMINATIONS BY TAXING AUTHORITIES GENERALLY FOR THREE YEARS AFTER FILING ITS TAX RETURNS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012501
IRS990ScheduleD/TotalExpensesPerForm990Amt0917053
IRS990ScheduleD/TotalRevenuePerForm990Amt01422676
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01422676
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0917053
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt037688
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt019
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0PROSPERITYME MAKES PAYMENTS OF SCHOLARSHIPS DIRECTLY TO THE COLLEGE THAT THE SCHOLARSHIP RECIPIENT IS ATTENDING.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE BEFORE FILING EACH YEAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REGULARLY REVIEWS THE CONFLICT OF INTEREST POLICY AND MONITORS AND ENFORCES COMPLIANCE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION AMOUNTS ARE REVIEWED BY THE BOARD OF DIRECTORS WHEN APPROPRIATE AND REGIONAL AND NATIONAL DATABASES ARE UTILIZED TO ENSURE ARRANGEMENTS ARE REASONABLE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$1,748,540
Liabilities
$270,563
Net assets
$1,477,977
Revenue
$1,422,676
Expenses
$917,053
Net income
$505,623
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.12$0.86$4.25$2.53$2.15$0.39
2023Summary only. Only limited summary data is available for this year.$6.93$3.08$3.85$5.43$4.03$1.41
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.52$1.08$2.44$8.66$7.70$0.97
2021Detailed filing. Detailed filing data is available for this year.$1.75$0.27$1.48$1.42$0.92$0.51
2020Summary only. Only limited summary data is available for this year.$1.07$0.10$0.97$0.84$0.56$0.28
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.01$0.70$0.54$0.53$0.01
2018Summary only. Only limited summary data is available for this year.$0.72$0.03$0.69$0.58$0.38$0.20
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.01$0.49$0.51$0.38$0.13
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.37$0.01$0.36$0.46$0.31$0.15
2015Detailed filing. Detailed filing data is available for this year.$0.22$0.01$0.21$0.36$0.31$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$0.21$0.20$0.02
2013Summary only. Only limited summary data is available for this year.$0.14$0.00$0.20$0.14$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.00$0.08$0.11$0.09$0.02
2011Summary only. Only limited summary data is available for this year.$0.06$0.00$0.10$0.07$0.02