P+P does free taxes, free financial coaching, and helps people obtain banking access.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
Run by 341 volunteers and 65 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $257K a year · 11% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$146K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 2.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $31K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$565K
38% of total assets
Looks good: liabilities are 38% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.8M
+38% vs prior year
Spent
$3.4M
To programs
85%
Net assets
$914K
By yearFY2021–FY2025
Revenue
$2.8M
FY2025▲ +38%
Tap a bar for its year
Revenue by fiscal year
FY2021$2.5M
FY2022$2.2M
FY2023$2.6M
FY2024$2.0M
FY2025$2.8M
Expenses
$3.4M
FY2025▲ +14%
Tap a bar for its year
Expenses by fiscal year
FY2021$2.2M
FY2022$2.2M
FY2023$2.5M
FY2024$3.0M
FY2025$3.4M
Net assets
$914K
FY2025▼ -41%
Tap a bar for its year
Net assets by fiscal year
FY2021$2.5M
FY2022$2.4M
FY2023$2.5M
FY2024$1.5M
FY2025$914K

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1971.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $2.9M Management & general 5% · $175K Fundraising 10% · $329K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

12 people listed on the 990; $146K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$146,493Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Suyapa Miranda’s $146K as Executive Director is at the 71st percentile of top reported officer pay among 3868 $1–10M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Suyapa Miranda$146,493$140,878$131,833$101,565—
Tracy Fischman————$107,933

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Prepare and Prosper executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides free tax help, financial coaching, and banking access assistance.

Questions for Prepare and Prosper

Tap to ask. Prepare and Prosper sees how many people are interested.

Your first name shows with your question. Prepare and Prosper answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $2.9M · in their own filed words · FY2024
01

Prepare + Prosper (P+P) is a Saint Paul based economic justice nonprofit founded in 1971 to provide free high-quality tax perparation to low-income and moderate-income Minnesotans. While tax preparation remains the primary focus, P+P has since evolved into a nationally recognized leader in financial inclusion by offering innovative…

$1.9Mprogram expense
02

Financial Capability and Learning

Prepare + Prosper runs two major initiatives - Money Mentors and Financial Access in Reach (FAIR) to support greater financial wellbeing. Money Mentors provides coaching and resources to participants as they work toward sef-identified goals like vuilding credit or reducing debt.

$801Kprogram expense
03

P + P has worked to leverage the expertise of its staff, amplify the voices of people directly affected, and build cross sector partnerships and networks to inform policy and systems change and build a more equitable and inclusive financial future.

$191Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$31K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$2.8M
Ln 12
Gifts and grantsLn 1h$2.7M
Investment incomeLn 3$37K
Other incomeLn 4–11$1K
Money outPt IX
$3.4M
Ln 25
Programscol B$2.9M
Managementcol C$175K
Fundraisingcol D$329K
Owns and owesPt X
$914K
net assets · Ln 32
Cash and savingsLn 1–2$624K
Total assetsLn 16$1.5M
LiabilitiesLn 26$565K
PeoplePt VI, VII
12
listed · VII A
PaidVII A1
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.7M
Government grantsLn 1e$2.1M
Noncash giftsLn 1g$2K
Fundraising eventsLn 1c$3K
Investment incomeLn 3$37K
Other incomeLn 4–11$1K
Total revenueLn 12$2.8M
Assets in detailPt X, end of year
CashLn 1$130K
SavingsLn 2$494K
Cash and savings togetherLn 1–2$624K
InvestmentsLn 11–13$278K
Land, buildings, equipmentLn 10c$38K
Other assetsLn 15$285K
Total assetsLn 16$1.5M
LiabilitiesLn 26$565K
Net assetsLn 32$914K
OperationsPt I, VI
EmployeesI 565
VolunteersI 6341
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$423K$624K
InvestmentsLn 11–13$257K$278K
Land, buildings, equipmentLn 10c$28K$38K
Total assetsLn 16$2.0M$1.5M
LiabilitiesLn 26$447K$565K
Net assetsLn 32$1.5M$914K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$161K$140K$7K$14K
Other salaries and wagesLn 7$1.8M$1.5M$62K$157K
Pension plan contributionsLn 8$22K$18K$3K$1K
Other employee benefitsLn 9$143K$112K$21K$9K
Payroll taxesLn 10$142K$124K$5K$13K
Management feesLn 11a$13K$363$12K
Legal feesLn 11b$6K$2K$4K$143
Accounting feesLn 11c$73K$64K$2K$7K
Other fees for servicesLn 11g$231K$131K$7K$93K
Advertising and promotionLn 12$220K$217K$3K$334
Office expensesLn 13$131K$125K$5K$1K
Information technologyLn 14$8K$7K$216$678
OccupancyLn 16$232K$206K$6K$20K
TravelLn 17$40K$34K$5K$1K
Depreciation, depletion and amortizationLn 22$5K$5K
InsuranceLn 23$29K$12K$16K$1K
Other expenses (24a–d)Ln 24$175K$157K$9K$9K
All other expensesLn 24e$8K$5K$2K$547
Total functional expensesLn 25$3.4M$2.9M$175K$329K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $2.8M$3.4M−$630K$914K 990 PDF
FY2024 $2.0M$3.0M−$976K$1.5M 990 PDF
FY2023 $2.6M$2.5M$100K$2.5M 990 PDF
FY2022 $2.2M$2.2M−$39K$2.4M 990 PDF
FY2021 $2.5M$2.2M$263K$2.5M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $2,777,225 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,975,960$2,739,220
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $58,060$36,922
I-11 Other revenuePrior year −$27,070$1,083
I-12 Total revenuePrior year $2,006,950$2,777,225
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,857,350$2,236,900
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,125,947$1,170,499
I-18 Total expensesPrior year $2,983,297$3,407,399
I-19 Revenue less expensesPrior year −$976,347−$630,174
Part VI · Governance 11 of 11 board members independent, no flags
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,777,225 across 9 lines filed
VIII-1c Fundraising events$2,597
VIII-1e Government grants$2,116,336
VIII-1f All other contributions, gifts and grants$620,287
VIII-1g Noncash contributions (included above)$2,000
VIII-1h Total contributions, gifts and grants$2,739,220
VIII-3 Investment incomeExcluded from tax $36,922$36,922
VIII-8 Net income from fundraising eventsExcluded from tax −$1,847−$1,847
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $2,930$2,930
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $38,005$2,777,225
Part IX · Statement of functional expenses $3,407,399 across 18 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $140,314 · Management $6,759 · Fundraising $14,131$161,204
IX-7 Other salaries and wagesPrograms $1,548,800 · Management $62,383 · Fundraising $157,419$1,768,602
IX-8 Pension plan contributionsPrograms $17,622 · Management $3,363 · Fundraising $1,480$22,465
IX-9 Other employee benefitsPrograms $111,799 · Management $21,340 · Fundraising $9,389$142,528
IX-10 Payroll taxesPrograms $124,472 · Management $5,020 · Fundraising $12,609$142,101
IX-11a Management feesPrograms $363 · Management $12,214$12,577
IX-11b Legal feesPrograms $1,745 · Management $3,988 · Fundraising $143$5,876
IX-11c Accounting feesPrograms $63,639 · Management $2,207 · Fundraising $7,271$73,117
IX-11g Other fees for servicesPrograms $131,278 · Management $6,806 · Fundraising $93,079$231,163
IX-12 Advertising and promotionPrograms $216,592 · Management $2,893 · Fundraising $334$219,819
IX-13 Office expensesPrograms $125,338 · Management $5,035 · Fundraising $1,015$131,388
IX-14 Information technologyPrograms $6,999 · Management $216 · Fundraising $678$7,893
IX-16 OccupancyPrograms $206,091 · Management $6,234 · Fundraising $19,503$231,828
IX-17 TravelPrograms $34,216 · Management $4,576 · Fundraising $1,424$40,216
IX-22 Depreciation, depletion and amortizationManagement $4,883$4,883
IX-23 InsurancePrograms $11,976 · Management $15,610 · Fundraising $1,312$28,898
IX-24 Other expenses (24a–d)Programs $157,019 · Management $9,410 · Fundraising $8,806$175,235
IX-24e All other expensesPrograms $5,275 · Management $1,784 · Fundraising $547$7,606
IX-25 Total functional expensesPrograms $2,903,538 · Management $174,721 · Fundraising $329,140$3,407,399
Part X · Balance sheet $1,478,737 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $90,698$130,286
X-2 Savings and temporary cash investmentsStart of year $332,693$493,519
X-3 Pledges and grants receivableStart of year $977,789$251,676
X-9 Prepaid expenses and deferred chargesStart of year $26,953$2,667
X-10c Land, buildings and equipment, netStart of year $28,144$38,053
X-11 Publicly traded securitiesStart of year $256,973$278,021
X-15 Other assetsStart of year $282,858$284,515
X-16 Total assetsStart of year $1,996,108$1,478,737
X-17 Accounts payable and accrued expensesStart of year $168,489$281,750
X-25 Other liabilitiesStart of year $278,916$283,047
X-26 Total liabilitiesStart of year $447,405$564,797
X-27 Net assets without donor restrictionsStart of year $703,198$546,707
X-28 Net assets with donor restrictionsStart of year $845,505$367,233
X-32 Total net assets or fund balancesStart of year $1,548,703$913,940
X-33 Total liabilities and net assetsStart of year $1,996,108$1,478,737
Part XI · Reconciliation of net assets $913,940 net assets at year end
XI-1 Total revenue$2,777,225
XI-2 Total expenses$3,407,399
XI-3 Revenue less expenses−$630,174
XI-4 Net assets at start of year$1,548,703
XI-5 Net unrealized gains (losses) on investments−$4,589
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$913,940

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.