Our mission is to provide affordable, high quality childcare that enriches the mental and emotional well being of children from all backgrounds

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
$70K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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 3
filings with a surplus
Average surplus $31K a year · 7% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$70K
to officers and key staff · 22% of spending
Worth a look: pay to officers and key staff is 22% of spending; over 20%.
Pt VII · Sec A
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
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
$333K
+346% vs prior year
Spent
$313K
To programs
92%
Net assets
$0
By yearFY2022–FY2025
Revenue
$333K
FY2023▲ +346%
Tap a bar for its year
Revenue by fiscal year
FY2022$75K
FY2023$333K
FY2024$338K
FY2025$641K
Expenses
$313K
FY2023
Tap a bar for its year
Expenses by fiscal year
FY2022Not on file
FY2023$313K
FY2024$295K
FY2025$612K
Net assets
$0
FY2023▲ +100%
Tap a bar for its year
Net assets by fiscal year
FY2022−$67K
FY2023$0
FY2024$64K
FY2025$44K

From the FY2023 Form 990 · figures checked against the IRS filing · 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 Feb 2014.

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

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $288K Management & general 8% · $25K

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; $70K paid to officers and key staff.

Part VII, Section A · reportable compensation
$70,000Pt VII · Sec A

Steven Williams’s $70K as CEO is at the 61st percentile of top reported officer pay among 1992 $100K–1M youth development 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 · 1 named individual · Part VII

NameFY2025FY2024FY2023
Steven Williams$70,000$70,000$70,000

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 Prodigy Preparatory 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 15aNo

Programs and updates

Offers affordable, high-quality childcare to boost children's mental and emotional well-being.

Questions for Prodigy Preparatory

Tap to ask. Prodigy Preparatory sees how many people are interested.

Your first name shows with your question. Prodigy Preparatory answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $288K · in their own filed words · FY2023
01

Childcare provider

$288Kprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$333K
Ln 12
Fees for servicesLn 2g$303K
Gifts and grantsLn 1h$30K
Money outPt IX
$313K
Ln 25
Programscol B$288K
Managementcol C$25K
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a1
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$30K
Fees for servicesLn 2g$303K
Total revenueLn 12$333K
Assets in detailPt X, end of year
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
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
Total assetsLn 16$0$0
LiabilitiesLn 26$0$0
Net assetsLn 32$0$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$70K$70K$0$0
Other salaries and wagesLn 7$139K$120K$18K$0
Advertising and promotionLn 12$2K$0$2K$0
Office expensesLn 13$5K$0$5K$0
OccupancyLn 16$53K$53K$0$0
Other expenses (24a–d)Ln 24$44K$44K$0$0
Total functional expensesLn 25$313K$288K$25K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $641K$612K$29K$44K 990 PDF
FY2024 $338K$295K$43K$64K 990 PDF
FY2023 Viewing $333K$313K$20K$0 990 PDF
FY2022 $75K−$67K 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 FY2023 990 (6 parts)
Part I · Summary $333,333 revenue, 12 lines filed
I-8 Contributions and grants$29,918
I-9 Program service revenuePrior year $74,746$303,415
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $74,746$333,333
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $65,804$208,612
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $75,634$104,240
I-18 Total expensesPrior year $141,438$312,852
I-19 Revenue less expensesPrior year −$66,692$20,481
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 $333,333 across 4 lines filed
VIII-1f All other contributions, gifts and grants$29,918
VIII-1h Total contributions, gifts and grants$29,918
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$303,415
VIII-12 Total revenueRelated to mission $303,415 · Unrelated business $0 · Excluded from tax $0$333,333
Part IX · Statement of functional expenses $312,852 across 6 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $70,000 · Management $0 · Fundraising $0$70,000
IX-7 Other salaries and wagesPrograms $120,388 · Management $18,224 · Fundraising $0$138,612
IX-12 Advertising and promotionPrograms $0 · Management $1,800 · Fundraising $0$1,800
IX-13 Office expensesPrograms $0 · Management $5,040 · Fundraising $0$5,040
IX-16 OccupancyPrograms $53,000 · Management $0 · Fundraising $0$53,000
IX-24 Other expenses (24a–d)Programs $44,400 · Management $0 · Fundraising $0$44,400
IX-25 Total functional expensesPrograms $287,788 · Management $25,064 · Fundraising $0$312,852
Part X · Balance sheet $0 assets, 4 lines filed
X-16 Total assetsStart of year $0$0
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $0$0
X-33 Total liabilities and net assetsStart of year $0$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$333,333
XI-2 Total expenses$312,852
XI-3 Revenue less expenses$20,481
XI-10 Net assets at end of year$0

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.

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.