Prosperityme FY2022 filing
Empowers refugees and immigrants with education and counseling to build financial stability and careers. For fiscal year 2022 it reported $8.7M in revenue, $7.7M in expenses, and $2.4M in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Human Services
- Location
- Portland, ME
- Website
- www.prosperityme.org
- Filings
- 5 on file (2020–2022)
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Summary of the Filing
Where the work happens
The housing program works with immigrant individuals and families at risk of homelessness to create a long-term plan for housing and financial stability. The goal is to reduce the length of time families spend in homelessness or precarious housing situations, successfully lease families in permanent housing, and limit returns to…
Financial Literacy
Prosperityme provided courses of basic money management, women's economic empowerment, financial coaching and counseling services. In 2022 prosperityme served 363 students through financial education classes and 84 clients through individual sessions.
The peer workforce navigator project is a coalition of community-based organizations that help people make connections with education and training, apprenticeships, unemployment insurance, healthcare, public benefits, and things they need to get and keep a good job. 402 clients were served by this program in 2022.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Claude K Rwaganje’s $198K as Executive Di is at the 89th percentile of top reported officer pay among 3864 $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
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Claude K Rwaganje | $197,508 | $140,520 | $122,633 | $108,732 | — |
| Claude Rwaganje | — | — | — | — | $78,042 |
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.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 93% | — | — |
| Overhead ratio | 2% | — | — |
| Fundraising cost ratio | 4% | — | — |
| Revenue growth | 509% | — | — |
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
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Filings & Schedule Manifest
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Sources
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