Prosper INC: Nonprofit Profile, Financials & Form 990 (EIN 46-1899951)

Revenue by fiscal year
FY2020	$241K
FY2021	$103K

Expenses by fiscal year
FY2020	$245K
FY2021	$105K

Net assets by fiscal year
FY2020	$2K
FY2021	$0

Is it real?

Yes. Never revoked by the IRS. Latest filing we have: FY2021.

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

Where the money goes

97 cents of each dollar spent went to programs.

97%

Program services 97% · $102K Management & general 3% · $3K

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

5 people listed on the 990.

Part VII, Section A · reportable compensation

Don Brandt

Director

$0Pt VII · Sec A

Jim Keating

Director

$0Pt VII · Sec A

Steve Voeller

Director

$0Pt VII · Sec A

Ashley M Ragan

Treasurer

$0Pt VII · Sec A

Kimberly Wold

Executive Di

$0Pt VII · Sec A

See Prosper INC 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 15aYes

Programs and updates

Promotes public understanding and support for free market policies.

Questions for Prosper INC

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

1 program · $102K · in their own filed words · FY2021

01

Worked to educate people about investing in arizona technology companies. Prosper was a sponsor of the 2020 invisionaz tech summit which was held to help promote and educate about the importance of arizona technology and innovation sustainability.

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 46-1899951) · Dispute this line

$102Kprogram expense

By the numbers

The FY2021 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$103K

Ln 12

Gifts and grantsLn 1h$103K

Money outPt IX

$105K

Ln 25

Programscol B$102K

Managementcol C$3K

Owns and owesPt X

$0

net assets · Ln 32

Total assetsLn 16$0

LiabilitiesLn 26$0

PeoplePt VI, VII

5

listed · VII A

PaidVII A0

Voting boardVI 1a5

IndependentVI 1b5

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$103K

Total revenueLn 12$103K

Assets in detailPt X, end of year

Total assetsLn 16$0

LiabilitiesLn 26$0

Net assetsLn 32$0

OperationsPt I, VI

EmployeesI 52

Fiscal year endsHeaderDecember

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

Line	Start FY21	End FY21
Total assetsLn 16	$2K	$0
LiabilitiesLn 26	$0	$0
Net assetsLn 32	$2K	$0

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Other salaries and wagesLn 7	$79K	$79K
Payroll taxesLn 10	$23K	$23K
Legal feesLn 11b	$138	$138
Other fees for servicesLn 11g	$4K	$509	$3K
Total functional expensesLn 25	$105K	$102K	$3K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2021 Latest ViewingFiled with the IRS Nov 15, 2022	$103K	$105K	−$2K	$0	990 PDF
FY2020Filed with the IRS Nov 15, 2021	$241K	$245K	−$4K	$2K	990 PDF

Schedules filed Part IV

I · Grants O · Explanations

See the full FY2021 990

Part I · Summary $102,600 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $226,000$102,600

I-9 Program service revenue$0

I-10 Investment income$0

I-11 Other revenuePrior year $15,000$0

I-12 Total revenuePrior year $241,000$102,600

I-13 Grants and similar amounts paid$0

I-14 Benefits paid to members$0

I-15 Salaries and benefitsPrior year $232,891$101,111

I-16a Professional fundraising fees$0

I-17 Other expensesPrior year $11,633$3,741

I-18 Total expensesPrior year $244,524$104,852

I-19 Revenue less expensesPrior year −$3,524−$2,252

Part VI · Governance 5 of 5 board members independent, no flags

VI-1a Voting members of the governing body5

VI-1b Independent voting members5

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 $102,600 across 3 lines filed

VIII-1f All other contributions, gifts and grants$102,600

VIII-1h Total contributions, gifts and grants$102,600

VIII-12 Total revenue$102,600

Part IX · Statement of functional expenses $104,852 across 4 lines filed

IX-7 Other salaries and wagesPrograms $78,608$78,608

IX-10 Payroll taxesPrograms $22,503$22,503

IX-11b Legal feesPrograms $138$138

IX-11g Other fees for servicesPrograms $509 · Management $3,094$3,603

IX-25 Total functional expensesPrograms $101,758 · Management $3,094 · Fundraising $0$104,852

Part X · Balance sheet $0 assets, 4 lines filed

X-16 Total assetsStart of year $2,252$0

X-26 Total liabilitiesStart of year $0$0

X-32 Total net assets or fund balancesStart of year $2,252$0

X-33 Total liabilities and net assetsStart of year $2,252$0

Part XI · Reconciliation of net assets $0 net assets at year end

XI-1 Total revenue$102,600

XI-2 Total expenses$104,852

XI-3 Revenue less expenses−$2,252

XI-4 Net assets at start of year$2,252

XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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Prosper INC

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Prosper INC

By the numbers

Filing history

Schedules filed Part IV