Prosper International EIN 35-2481508 Form 990 (PDF) Claim this org

Prosper International

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Educates children, supports orphans and widows, and provides disaster relief in underdeveloped countries. For fiscal year 2024 it reported $124K in revenue, $151K in expenses, and $85K in net assets.Pt I

Type
Public charity (501(c)(3)) · International
Location
Tracy, CA
Website
prosperint.org
Filings
3 on file (2022–2024)
Revenue
$124KFY2024
Expenses
$151K
Net assets
$85K
People
4
Filings
3
Updates
0
More identity details & actions ⌄
EIN  35-2481508 Public charity (501(c)(3)) Tracy, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Educates children, supports orphans and widows, and provides disaster relief in underdeveloped countries.
Leadership
Syed Shabbir Naqvi · President
Money in and out
$124K revenue, $151K expenses
Bottom line
100% program efficiency
Where the money goes · FY2024
Total revenue
$124K
Pt VIII · Ln 12
Total expenses
$151K
Pt IX · Ln 25
Net assets
$85K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$27K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs▲ +2% vs prior filing year
Operating runway
6.8mo
months of highly liquid reserves at operating expense rate▲ +39% vs prior filing year
Surplus margin
-22%
revenue over expenses, this year▼ -414% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$124K
FY2024▼ -52%
Expenses
$151K
FY2024▼ -45%
Total assets
$85K
FY2024▼ -24%
Total liabilities
$0
FY2024
Total revenue
$124K
Pt VIII · Ln 12
Total expenses
$151K
Pt IX · Ln 25
Net assets
$85K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$27K
Total assetsPt X · Ln 16$85K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

3 program services account for $139K of program spending, described in the organization's own filed words · FY2024.
01

General Charity

Providing limited time financial support to destitute family or kids for their subsistence, education, health or other necessary expenses.

$69Kprogram expense
02

Education Support

To help with School construction, meeting expenses of a School being run in an underdeveloped area, and providing scholarships to students.

$55Kprogram expense
03

Orphan and Widow Support

Providing long term support to widowed families for their subsistence and educational needs. Helping such families stay out of poverty and enabling them to keep their kids in school and help them achieve financial freedom through sustained support.

$15Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CProsper International
EINHdr · item D35-2481508
Principal addressHdr · item CTracy, CA
WebsiteHdr · item Jprosperint.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q30)
Ruling yearIRS BMFJul 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director/Treasurer
$0Pt VII · Sec A
Director/Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$124K
Total revenueLn 12$124K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$151K
Total functional expensesLn 25$151K

Balance Sheet

Part X · end of year
CashLn 1$85K
Total assetsLn 16$85K
Total liabilitiesLn 26$0
Total net assetsLn 32$85K
Months of cash on handcomputed6.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $85K · Operating expenses/yr $151K
6.8 months
Where the money goes
Program services
Program services $151K · Total expenses $151K
100%
Management & General
Management & general $0 · Total expenses $151K
0%
Fundraising
Fundraising $0 · Total expenses $151K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $246K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $124K · Total revenue $124K
100%
Government reliance
Government grants $0 · Total revenue $124K
0%
Earned-income share
Program service revenue $0 · Total revenue $124K
0%
Investment reliance
Investment income $0 · Total revenue $124K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $151K
0%
Growth & trend
Revenue growth (YoY)
This year $124K · Prior year $261K
-52%
Net-asset trend (YoY)
End of year $85K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $124K · Expenses $151K
-22%
Liabilities-to-Assets
Total liabilities — · Total assets $85K
Net-asset ratio
Net assets $85K · Total assets $85K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $85K
0%
People & payroll
Highest Reported Total Compensation
Individual Syed Shabbir Naqvi · Reported title President · Highest reported compensation $0 · Total expenses $151K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $151K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth -52%
Investment management fee ratio 0%
Legal fee ratio 0.3%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 3 funders →
Grants paid · 1 grant · $16K · 2022–2022
SabaCA · FY2022$15,500

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$124K revenue · viewing · ⤓ 990 PDF
FY2023$261K revenue · ⤓ 990 PDF
FY2022$352K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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