Young and Prosperous Foundation FY2023 filing

Claim this org

(tell your story, add context, and more)

How does your 990 look to donors? Take the 10-Question Audit

To provide resources to youths, promote social justice, equality, personal growth and educational development to underserved communities.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · 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
3 of 4
filings with a surplus
Average surplus $24K a year · 10% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
5 mo
of spending, in cash
Looks good: 5.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $117K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 1 voting members
Concern: none of 1 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$191K
-29% vs prior year
Spent
$215K
To programs
87%
Net assets
$90K
By yearFY2022–FY2025
Revenue
$191K
FY2023▼ -29%
Tap a bar for its year
Revenue by fiscal year
FY2022$270K
FY2023$191K
FY2024$190K
FY2025$336K
Expenses
$215K
FY2023▲ +37%
Tap a bar for its year
Expenses by fiscal year
FY2022$157K
FY2023$215K
FY2024$186K
FY2025$332K
Net assets
$90K
FY2023▼ -21%
Tap a bar for its year
Net assets by fiscal year
FY2022$114K
FY2023$90K
FY2024$94K
FY2025$98K

From the FY2023 Form 990 · see the original

Give Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2009.

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

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $186K Management & general 13% · $29K

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

1 person listed on the 990.

Part VII, Section A · reportable compensation
CEO and Founder
$0Pt VII · Sec A
See Young and Prosperous Foundation executive salaries →

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 15aNo

Programs and updates

Empowers underserved youth with resources for social justice, growth, and education.

Questions for Young and Prosperous Foundation

Tap to ask. Young and Prosperous Foundation sees how many people are interested.

Your first name shows with your question. Young and Prosperous Foundation answers here, for everyone.

3 programs · $174K · in their own filed words · FY2023
01

Scholarship Excellence was created to change the trajectory of students' lives through education success. Students in the Scholarship Excellence engage in college preparatory cohorts, financial aid/scholarship workshops and college tours in and out of the state of California.

$96Kprogram expense
02

Black Girls United- To uplift, empower, and inspire young women of color through exploration, development, modernization, and social change in their communities while honoring the work done before them.

$45Kprogram expense
03

Student-Athlete- The program helps students to understand the importance of continued education and focuses on helping students learn what it takes to be a college athlete and the dedication that is needed to obtain their goals.

$32Kprogram 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 · FY2024
Total grants receivedfrom 4 funders$117K
See all 4 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$191K
Ln 12
Gifts and grantsLn 1h$191K
Money outPt IX
$215K
Ln 25
Programscol B$186K
Managementcol C$29K
Owns and owesPt X
$90K
net assets · Ln 32
Cash and savingsLn 1–2$90K
Total assetsLn 16$90K
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A0
Voting boardVI 1a1
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$191K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Total revenueLn 12$191K
Assets in detailPt X, end of year
CashLn 1$90K
Cash and savings togetherLn 1–2$90K
Total assetsLn 16$90K
LiabilitiesLn 26$0
Net assetsLn 32$90K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$114K$90K
Total assetsLn 16$114K$90K
LiabilitiesLn 26$0$0
Net assetsLn 32$114K$90K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$9K$9K
OccupancyLn 16$7K$7K
TravelLn 17$7K$7K
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$186K$186K$0$0
Total functional expensesLn 25$215K$186K$29K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Mar 10, 2026 $336K$332K$4K$98K 990 PDF
FY2024Filed with the IRS Feb 24, 2025 $190K$186K$4K$94K 990 PDF
FY2023 ViewingFiled with the IRS Feb 26, 2024 $191K$215K−$24K$90K 990 PDF
FY2022Filed with the IRS Mar 6, 2023 $270K$157K$114K$114K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $190,831 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $270,465$190,831
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $270,465$190,831
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 $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $156,612$215,037
I-18 Total expensesPrior year $156,612$215,037
I-19 Revenue less expensesPrior year $113,853−$24,206
Part VI · Governance 0 of 1 board members independent, 4 to look at
VI-1a Voting members of the governing body1
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $190,831 across 9 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$190,831
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$190,831
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$190,831
Part IX · Statement of functional expenses $215,037 across 6 lines filed
IX-12 Advertising and promotionManagement $1,686$1,686
IX-13 Office expensesManagement $8,972$8,972
IX-16 OccupancyManagement $7,200$7,200
IX-17 TravelManagement $6,958$6,958
IX-23 InsuranceManagement $3,860$3,860
IX-24 Other expenses (24a–d)Programs $186,361 · Management $0 · Fundraising $0$186,361
IX-25 Total functional expensesPrograms $186,361 · Management $28,676 · Fundraising $0$215,037
Part X · Balance sheet $89,647 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $113,853$89,647
X-16 Total assetsStart of year $113,853$89,647
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $113,853$89,647
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $113,853$89,647
X-33 Total liabilities and net assetsStart of year $113,853$89,647
Part XI · Reconciliation of net assets $89,647 net assets at year end
XI-1 Total revenue$190,831
XI-2 Total expenses$215,037
XI-3 Revenue less expenses−$24,206
XI-4 Net assets at start of year$113,853
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$89,647

Form 990 e-file (XML) FY2023 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.

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.